Get started

Long-short

Bollinger Bands - Breakout StrategyThe Bollinger Bands - Breakout Strategy is a trend-following optimized for short-term trading in the crypto market. This strategy employs the Bollinger Bands, a widely recognized technical indicator, as its primary instrument for pinpointing potential trades. It is capable of executing both long and short positions, depending on whether the market is in a spot or futures, and is particularly effective in trending markets. The strategy boasts a high degree of configurability, allowing users to set the Bollinger Bands period and deviation, trend filter, volatility filter, trade direction filter, rate of change filter, and date filter. Furthermore, it offers options for Take Profit, Stop Loss, and Trailing Stop for both long and short positions, ensuring a comprehensive risk management approach. The inclusion of a maximum intraday loss feature adds another layer of protection, making this strategy a valuable tool for traders seeking a professional and adaptable trading system. Name : Bollinger Bands - Breakout Strategy Category : Trend Follower based on Bollinger Bands Operating mode : Long and Short on Futures or Long on Spot Trade duration : Intraday Timeframe : 2H, 3H, 4H, 5H Market : Crypto Suggested usage : Trending Markets Entry : When the price crosses above or below the Bollinger Bands Exit : Opposite Cross or Profit target, Trailing stop or Stop loss Configuration : - Bollinger Bands period and deviation - Trend Filter - Volatility Filter - Trade direction filter - Rate of Change filter - Date Filter (for backtesting purposes) - Take Profit, Stop Loss and Trailing Stop for long and short positions - Risk Management: Max Intraday Loss Backtesting : ⁃ Exchange: BINANCE ⁃ Pair: BTCUSDT.P ⁃ Timeframe: 4H ⁃ Fee: 0.025% ⁃ Slippage: 1 - Initial Capital: 10000 USDT - Position sizing: 10% of Equity - Start : 2019-09-19 (Out Of Sample from 2022-12-23) - Bar magnifier: on Credits : - LucF of Pine Coders for f_security function to avoid repainting using security. - QuantNomad for Monthly Table. Disclaimer : Risk Management is crucial, so adjust stop loss to your comfort level. A tight stop loss can help minimise potential losses. Use at your own risk. How you or we can improve? Source code is open so share your ideas! Leave a comment and smash the boost button! Thanks for your attention, happy to support the TradingView community.
Pine Script™ strategy
by TheSocialCryptoClub
7
Simple RSI and SMA Long and Short (by Coinrule)The relative strength index ( RSI ) is a momentum indicator used in technical analysis . RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100. The RSI can do more than point to overbought and oversold securities. It can also indicate securities that may be primed for a trend reversal or corrective pullback in price. It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought situation. A reading of 30 or below indicates an oversold condition. A simple moving average ( SMA ) calculates the average of a selected range of prices, usually closing prices, by the number of periods in that range. The Strategy enters and closes the trade when the following conditions are met: LONG SMA100 is greater than SMA150 RSI is greater than 50 SHORT SMA100 is less than SMA150 RSI is less than 50 When a long position is opened, it remains open until the conditions for a short are met at which point the long position is closed and the short position is opened. Then, when the conditions for the long position are met, the short will be closed and a long will be opened. This strategy is back tested from 1 January 2022 to simulate how the strategy would work in a bear market. The strategy provides good returns. The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
Pine Script™ strategy
by Coinrule
2
Stock Gaps SPY Correlation StrategyThis is daytrade stock strategy, designed to take the best out of the daily gaps that are forming between the close of previous day and opening of present day. At the same time its logic has been adapted for SPY chart, in order to use correlation with the other stocks/assets/ etf which are linked with SP500 movement. Lastly it has been added 2 new confirmation logics, based on the USI: advance/decline chart and percentage above vwap among all US stocks. The rules for entry are simple : We are at the opening daily candle, we have a long/short gap based on where the opening is happening and at the same time we are checking to see that the current different between the current difference between low and previous high (or viceversa) is higher than an established parameter(minimal deviation ) For exit, we exit based on time/clock parameter, in this case by default I selected 1h and half before close of the US session. For testing purposes I have used 10% of the available capital, with a 0.0035$ comission per each share bought ( IBKR comissions) If there are any questions, please let me know either here or in private !
Pine Script™ strategy
by exlux
BBSS - Bollinger Bands Scalping SignalsModified Bollinger Bands Indicator Added: - color change divergence (green) and narrowing (red) of the upper and lower bands - color change of the moving average - upward trend (green) and downward trend (red) - the appearance of a potential signal for long and short positions when the candle closes behind the upper or lower bands. How to use the indicator: Long conditions: - the price breaks through the upper band - Bollinger bands are expanding and should be green - the mid-line is green - the trigger candle should be green Short conditions: - the price breaks through the lower band - Bollinger bands are expanding and should be red - the mid-line is red - the trigger candle should be red
Pine Script™ indicator
by berezitskysl
1
MPF EMA Cross Strategy (8~13~21) by Market Pip FactoryThis script is for a complete strategy to win maximum profit on trades whilst keeping losses at a minimum, using sound risk management at no greater than 1.5% The 3x EMA Strategy uses the following parameters for trade activation and closure. 1/ Daily Time Frame for trend confirmation 2/ 4 Hourly Time Frame for trend confirmation 3/ 1 Hourly Time Frame for trend confirmation AND trade execution 4/ 3x EMAs (Exponential Moving Averages) * EMA#1 = 8 EMA (Red Color) * EMA#2 = 13 EMA (Blue Color) * EMA#3 = 21 EMA (Orange Color) 5/ Fanning of all 3x EMAs and CrossOver/CrossUnder for Trend Confirmation 6/ Price Action touching an 8 EMA for trade activation 7/ Price Action touching a 21 EMA for trade cancellation BEFORE activation * For LONG trades: 8 EMA would be ABOVE 21 EMA * For SHORT trades: 8 EMA would be BELOW 21 EMA * For trade Cancellation, price action would touch the 21 EMA before trade is activated * For trade Entry, price action would touch 8 EMA Once trigger parameter is identified, entry is found by: a) Price action touches 8 EMA (Candle must Close for confirmed Trade preparation) b) Trade preparation can be cancelled before trade is activated if price action touches 21 EMA c) Trailing Stop Loss can be used (optional) by counting back 5 candles from current candle CLOSURE of a Trade is identified by: e) 8 EMA crossing the 21 EMA, then close trade, no matter LONG or SHORT f) Trail Stop Loss IMPORTANT: g) No more than ONE activated trade per EMA crossover h) No more than ONE active trade per pair NOTE: This strategy is to be used in conjunction with Cipher Twister (my other indicator) to reduce trades on sideways price action and market trends for super high win ratio. NOTE: Enabling of LONGs and SHORTs Via Cipher Twister is done by using the previous green or red dot made. Additionally, when the trend changes, so do the dot's validity based on being above or below the 0 centerline. ---------------------------- Strategy and Bot Logic ---------------------------- .....::: FOR SHORT TRADES ONLY :::..... The Robot must use the following logic to enable and activate the SHORT trades: Parameters: $(crossunder)=8EMA,21EMA=Bearish $(crossover)=8EMA,21EMA=Bullish $entry=SELL STOP ORDER (Short) $EMA#1 = 8 EMA (Red Color) $EMA#2 = 13 EMA (Blue Color) $EMA#3 = 21 EMA (Orange Color) Strategy Logic: 1/ Check Daily Time Frame for trend confirmation if: (look back up to 50 candles - find last cross of EMAs) $(chart)=daily and trend=$(crossunder) then goto 2/ *Means: crossunder = ema21 > ema8 $(chart)=daily and trend=$(crossover) then stop (No trades) *Means: crossover = ema8 > ema21 NOTE: This function is switchable. 0=off and 1=on(active). Default = 1 (on) 2/ Check 4 Hourly Time Frame for trend confirmation if: (look back up to 50 candles - find last cross of EMAs) $(chart)=4H and trend=$(crossunder) then goto 3/ *Means: crossunder = ema21 > ema8 $(chart)=4H and trend=$(crossover) then stop (No trades) *Means: crossover = ema8 > ema21 NOTE: This function is switchable. 0=off and 1=on(active). Default = 1 (on) 3/ 1 Hourly Time Frame for trend confirmation AND trade execution if: (look back up to 50 candles - find last cross of EMAs) $(chart)=1H and trend=$(crossunder) then goto 4/ *Means: crossunder = ema21 > ema8 $(chart)=1H and trend=$(crossover) then stop (No trades) *Means: crossover = ema8 > ema21 4/ Trade preparation: * if Next (subsequent) candle touches 8EMA, then set STOP LOSS and ENTRY * $stoploss=3 pips ABOVE current candle HIGH * $entry=3 pips BELOW current candle LOW 5/ Trade waiting (ONLY BEFORE entry is hit and trade activated): * if price action touches 21 EMA then cancel trade and goto 1/ Note: Once trade is active this function does not apply ! 6/ Trade Activation: * if price activates/hits ENTRY price, then bot activates trade SHORTs market 7/ Optional Trailing stop: * if active, then trailing stop 3 pips ABOVE previous HIGH of previous 5th candle or * Move Stop Loss to Break Even after $X number of pips NOTE: This means count back and apply accordingly to the 5th previous candle from current candle. NOTE: This function is switchable. 0=off and 1=on(active). Default = 0 (off) 8/ Trade Close ~ Take Profit: * Only TP when $(chart)=1H and trend=$(crossover) then close trade ~ Or obviously if Stop Loss is hit if 7/ is activated. ----------END FOR SHORT TRADES LOGIC---------- .....::: FOR LONG TRADES ONLY :::..... The Robot must use the following logic to enable and activate the LONG trades: Parameters: $(crossunder)=8EMA,21EMA=Bearish $(crossover)=8EMA,21EMA=Bullish $entry=BUY STOP ORDER (Long) $EMA#1 = 8 EMA (Red Color) $EMA#2 = 13 EMA (Blue Color) $EMA#3 = 21 EMA (Orange Color) Strategy Logic: 1/ Check Daily Time Frame for trend confirmation if: (look back up to 50 candles - find last cross of EMAs) $(chart)=daily and trend=$(crossover) then goto 2/ *Means: crossover = ema8 > ema21 $(chart)=daily and trend=$(crossunder) then stop (No trades) *Means: crossunder = ema21 > ema8 NOTE: This function is switchable. 0=off and 1=on(active). Default = 1 (on) 2/ Check 4 Hourly Time Frame for trend confirmation if: (look back up to 50 candles - find last cross of EMAs) $(chart)=4H and trend=$(crossover) then goto 3/ *Means: crossover = ema8 > ema21 $(chart)=4H and trend=$(crossunder) then stop (No trades) *Means: crossunder = ema21 > ema8 NOTE: This function is switchable. 0=off and 1=on(active). Default = 1 (on) 3/ 1 Hourly Time Frame for trend confirmation AND trade execution if: (look back up to 50 candles - find last cross of EMAs) $(chart)=1H and trend=$(crossover) then goto 4/ *Means: crossover = ema8 > ema21 $(chart)=1H and trend=$(crossunder) then stop (No trades) *Means: crossunder = ema21 > ema8 4/ Trade preparation: * if Next (subsequent) candle touches 8EMA, then set STOP LOSS and ENTRY * $stoploss=3 pips BELOW current candle LOW * $entry=3 pips ABOVE current candle HIGH 5/ Trade waiting (ONLY BEFORE entry is hit and trade activated): * if price action touches 21 EMA then cancel trade and goto 1/ Note: Once trade is active this function does not apply ! 6/ Trade Activation: * if price activates/hits ENTRY price, then bot activates trade LONGs market 7/ Optional Trailing stop: * if active, then trailing stop 3 pips BELOW previous LOW of previous 5th candle or * Move Stop Loss to Break Even after $X number of pips NOTE: This means count back and apply accordingly to the 5th previous candle from current candle. NOTE: This function is switchable. 0=off and 1=on(active). Default = 0 (off) 8/ Trade Close ~ Take Profit: * Only TP when $(chart)=1H and trend=$(crossunder) then close trade ~ Or obviously if Stop Loss is hit if 7/ is activated. ----------END FOR LONG TRADES LOGIC---------- IMPORTANT: * If an existing trade is already open for that same pair, & price action touches 8EMA, do NOT open a new trade.. * bot must continuously check if a trade is currently open on the pair that triggers * New trades are to be only opened if there is no active trade opened on current pair. * Only 1 trade per pair rule ! * 5 simultaneous open trades (not same pairs) default = 5 but value can be changed accordingly. * Maximum risk management must not exceed 1.5% on lot size *** Some features are not yet available autoated, they will be added in due course in subsequent version updates ***
Pine Script™ indicator
by Market-Pip-Factory
3
Cipher Twister - Long and ShortINTRO / NOTES: This script is based on Market Cipher B Oscillator by Falcon The difference in this script is that only the useful points are printed on the indicator, namely Long and Short Trade Execution signals to be used by a bot, namely the PT Bot. The script also differs from the original that it has been upgraded to Pinescript v4 This oscillator can be used with ALL time frames, but generally works the best on 15 minute and 1 hour charts on ANY market, no matter, stock, forex, crypto, spot, futures, derivatives, Nasdaq etc... DEFINITIONS: This oscillator forms the foundation of Buy and Exit of Long and Short Trades. There are 2 'Red' Lines at the top of the channel and 2 Green Lines at the bottom of the channel. These two channels are set at default to be +53 / -53 and +60 / -60 respectively. These two lines will serve as the threshold point if one is to make cautious trades only. There is a center line which divides the Oscillator into two parts. Above the center line, the market is in over bought territory and Below the center line is in over sold territory. 'Red' dots are drawn by the indicator to represent a potential Short (or a signal to exit from a Long position) 'Green' dots are drawn by the indicator to represent a potential Long (or a signal to exit from a Short position) The 'Red' and 'Green' dots are draw when a Cross between both wt1 & wt2 cross, thus providing a fantastic indication of potential trend reversal and entry/exit of a position. STRATEGY NOTES: The strategy to use this indicator with for realistic and proper results would be to use it with an automated Trading Bot such as Profit Trailer (PT-BOT) You could use this strategy manually, however it would mean you would need to sit in front of the screen all day and night long and activate the trades immediately after the 'red'/'green' dots are drawn. Usually this will result in non-optimal entries and exits as well as loss on various instances when a 'red' and 'green' dot are printed close together (which is usually when the market goes into correction/consolidation) and slow entries/exits will result in a loss rather than a small profit or exit at BE (Break Even) ACTUAL STRATEGY (For use with automated bot) To be used in conjunction with Heikin Ashi Candles for added cautionary measures For LONGs ONLY -------------------- 1/ When 'Green' dot is drawn, ACTIVATE Long Position (Use 1.5% Risk Management for each trade) (Use Lot size based on 1.5% risk management and xLeverage (if any)) 2/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Management 3/ When 'Red' dot is drawn, CLOSE Long Position. *If you want to add extra caution to your trade, only activate the trade if the 'Green' dot is BELOW the 'Green' Markers *For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configuration --------------------------------------------------------------------------------------------------- For SHORTs ONLY -------------------- 1/ When 'Red' dot is drawn, ACTIVATE Short Position (Use 1.5% Risk Management for each trade) (Use Lot size based on 1.5% risk management and xLeverage (if any)) 2/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Management 3/ When 'Green' dot is drawn, CLOSE Short Position *If you want to add extra caution to your trade, only activate the trade if the 'Red' dot is Above the Red Markers *For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configuration --------------------------------------------------------------------------------------------------- Supplementary Notes: Make sure that your bot configuration will only activate ONE TRADE when the 'Green'/'Red' dot appears. Occasionally during high volatility , 'red'/'green' dots will appear intermittently before remaining drawn, thus the oscillator 'redraws' the dots during market movement. There will be times where occasionally a 'green' dot or a 'red' dot will appear, the trade will be opened, but the trade will fail due to the market manipulation (algorithm/market maker bots/fake volume etc), to wipe out those trading on derivatives and futures markets using leverage. Do not worry about this, no bot can make 100% wins, no strategy will achieve 100% win ratio and one necessarily doesn't need a high win ratio when using strict money management practices with your trading for SL and lot size. If you use this method, you will see great results, but again I must stress, using this method with a fully automated bot is the only way to achieve proper results.
Pine Script™ indicator
by Market-Pip-Factory
10
Mean reversionSimple mean reversion strategy. Strategy aims to find three bullish or bearish candle pattern which ends with strong move. Position will be open until we get close above previous highs. Strategy uses also simple moving average to filter short positions. This strategy works well with QQQ and daily time frame but it seems to do fairly well intraday also. User can modify moving average length and how strong is the move of the last candle. This strategy is inspired a strategy by hackertrader. The original idea by QuantpT.
Pine Script™ strategy
by stormis
Average Highest High and Lowest Low Swinger StrategyThis is a full price action strategy designed for trending markets such as crypto and stocks. Its purely made on calculations for the highest high and lowest low using 2 different length , a faster and a slower one. With those we make multiple averages. Rules for entry: For long: our close of the candle is above both the average using fast and slow line For short: our close of the candle is below both the average using fast and slow line Rules for exit We always exit when we have an opposite order Caution This strategy use no risk management system, so be careful with it If you have any questions, let me know
Pine Script™ strategy
by exlux
Swing Stock Market Multi MA Correlation This is a swing strategy adapted to stock market using correlation with either SP500 or Nasdaq, so its best to trade stocks from this region. Its components are Correlation Candle Fast moving average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA Medium moving Average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA Slow moving average to choose from SMA , EMA , SMMA (RMA), WMA and VWMA Rules for entry Long: fast ma > medium ma and medium ma > slow ma Short: fast ma< medium ma and medium ma < slow ma. Rules for exit We exit when we receive an inverse condition. Caution: This strategy use no risk management inside, so be careful with it . If you have any questions, let me know !
Pine Script™ strategy
by exlux
2
Trend System Oscillator Averages RatingThis is a trend system made with multiple oscillator averages designed especially for trending markets such as stocks or crypto. It can be used with any timeframe. Its made of multiple moving oscillators such as RSI Stochastic ADX CCI AO MACD MOM STOCH RSI WPR BP UO Avg of all oscillators It has also a rating, making an avg from all of the oscillators , going from -100 (all ma's are telling to go short ) to 100 ( all ma are telling to go long). If you have any questions let me know !
Pine Script™ indicator
by exlux
Traffic Lights Strategy4HS Crypto Market Strategy This strategy uses 4 ema to get Long or Short Signals Length are: 4, 9, 18, 100 We take long positions when the order of the emas is the following: green > yellow > red (As the color of Traffic Lights) and they are above white ema (Used as a filter for long positions) We take short positions when the order of the emas is the following: green < yellow < red (As the color of inverse Traffic Lights) and they are below white ema (Used as a filter for short positions) Enable Long and/or Short Positions in settings Enable Profit and Stop in strategy settings with different percentage to backtest the strategy. Also if it is better to use a Traditional Stop Loss or a Trailing Stop Loss based on ATR Change ema filter resolution in settings for better strategy performance This Strategy was tested on Crypto Market with good results in assets as BTC, ETH, BNB, ADA, LTC, XLM, BCH, among others Feel free to optimize this strategy, optimizing its parameters. Each asset has its own "personality".
Pine Script™ strategy
by Trading_Solutions_
High/Low Channel Multi averages Crypto Swing strategyThis is a swing strategy designed for trending markets such as crypto and stock, with big timeframes , like 8h. For this strategy we take SMA, EMA, VWMA, ALMA, SMMA, LSMA and VWMA and make an apply them all to both HIGH and LOW separately and make 2 averages, 1 applied to high and the other applied to low. With them we make a channel. Rules for entry For long: close of a candle is above avg applied to high. For short: close of a candle is below avg applied to low. Rules for exit We exit when we either hit TP or SL or when we receive a different condition than the entry one.(long- > short and viceversa) If you have any questions, let me know !
Pine Script™ strategy
by exlux
12
Swing forex strategy 15minThis is a strategy made using BB+ RSI indicators that seems to work great with 15 min major pairs for FOREX. THe rules for it are simple: For long we enter when the close of our candle crosses upwards the lower line and rsi crossover the over sold line We exit long when we have a short entry. For short we enter when the close of the candle crosses downwards the top line and rsi cross under the over bought line WE exit short when we have a long entry. Careful, this strategy has no risk management inside. If you have any questions let me know !
Pine Script™ strategy
by exlux
Boom Hunter ProBoom Hunter Pro is the ultimate indicator for targeting perfect long entries and epic shorts. Boom Hunter comes with a super fast oscillator that uses Ehlers Early Onset Trend (EOT). This is the Center Of Gravity Oscillator (COG) with a super smoothing filter and a roofing filter. This indicator is tuned for 1 hour charts but can be used on any time frame. Colored bars can be turned on to assist in finding an entry. Purple signifies a drag and potential dump. Fibonacci lines can be turned on to track price action and find entries/exit. This indicator follows the same rules as COG. For more information please see my COG HOWTO here:
Pine Script™ indicator
by veryfid
453
[astropark] Moon Phases [alarms]Dear Followers, today I'm glad to present you an indicator which calculates Moon Phases and let's you set an alert over it. This is a public free indicator based on the public one by @paaax: I added my usual alert system logic, plus some more customization inputs for easy coloring. The lower the timeframe you use it and set your alerts on, the more precise the alert value you get. Here below the script for backtesting it: Enjoy! -- astropark
Pine Script™ indicator
by astropark
1
[astropark] Moon Phases [strategy]Dear Followers, today I'm glad to present you an indicator which calculates Moon Phases and let's you backtest the simplest strategy over it: buy/sell on full moon and do the opposite on new moon. This is a public free indicator based on the public one by @paaax: I added my usual backtesting logic, plus some more customization inputs for easy coloring. The lower the timeframe you backtest on, the more backtesting data are effective. Enjoy! -- astropark
Pine Script™ strategy
by astropark
10
nonoiraq indicator it's very strong i edit this indicator to connect it with my bot to auto trading and he take the info from the volume, so when he is give me a single the bot take just 0.50% to 1% for 3 - 5 trade in day and this perfect, if u use a manual trading this indicator can reach to from 10% to 80% in some point . the indicator have 3 line (Red , Purple, Yellow) 1- The yellow line it's high sensitivity this mean it's when rich to the -3 or 3 you can open the order when the bar is close and the signal be sure and u need to watch the your order because in some case he is reach to 0.30% to 2% and the price reflected to loss and when you wait the price reflected to but my advice you take profit and close the order directly. 2- The purple circles it's medium sensitivity this mean when the purple hit the 2.5 or 3 from down or up in indicator with yellow line you open the order when bar close and the signal is be sure , like example in the photo 3- The red circles it's low sensitivity and this one when reach to 3.0 with any line (yellow or purple) you open directly short or long , like the example in the photo i am sorry for my english it's not very good please support me to share other idea or script
Pine Script™ indicator
by nonoiraq750
36
Target Price for KuCoin FuturesWhen trading on KuCoin, it can be difficult to determine what you're exit price should be. This script solves this issue by giving you an exit price based on a given entry price, a base margin, and a target profit %. USE CASES: No Entry Price: If you have no position in KuCoin, then this use case could be more helpful. With no entry price inputted, two lines will be drawn above and below the current closing price. The blue line represents your exit price for if you were to enter into a long at the current close. The orange line represents your exit price if you were to enter into a short at the current close. With Entry Price: If you're already in a position in KuCoin, then this case might be more helpful. The green line represents your exit price for a long from your entry price The red line represents your exit price for a short from your entry price The yellow line represents your entry price itself.
Pine Script™ indicator
by Dooson7
5
TEMA Cross +HTF BacktestThis is a follow up to a previous script release called " TEMA Cross Backtest ". This new strategy uses two TEMA crosses, one for trend direction, one for entry and exit. The entry and exit parameters are the same as the previous script. The trend direction is based on a user configurable higher timeframe TEMA cross which determines when to take longs or shorts. When the indicator is purple, it is looking for shorts, and when it is yellow, it is looking for longs. The background of the chart is colored accordingly to see the trend direction at a glance. The default settings are the ones I have found produce the highest backtest results. The backtest is set by default to use a $500 account, and use $500 for every entry and exit, no matter the direction or overall profit/loss. Parts of script borrowed from other public scripts.
Pine Script™ strategy
by Seltzer_
6
Hull MA with BB (With Alerts)This is a combination of the standard Bollinger bands with a VWAP(Pink line), and the 'Hull Trend with Kahlman' script by user capissimo, and the NMA (Moving Average 3.0 (3rd Generation)) script by everget. You can find the original scripts here: This indicator gives you several confirmations of a good entry and exit positions for Crypto currency like bitcoin and most alt coins. I use this on a 15min, 30min, 1hour, and 4hour chart for best results. How to use: Entry Signals: -A candle closes above the NMA (Yellow Step Line). AND -You see a Long (text) flag. AND -The candles are near the bottom of the Bollinger bands and heading upwards. Exit Signals: -Candles have passed below and closed below the NMA (Yellow Step Line). AND -You see a Short (text) flag. It's important to use these confirmations with other indicators so you have the best entry/exit positions, and make sure you are on normal candles and not HA or any other types. There are alerts built in that you can setup for the Short and Long text flags that you see. These are generally good alerts to follow. I use the alerts as a reminder to check the charts and see if my other indicators line up for a good trade.
Pine Script™ indicator
by countseven12
28