Fractal Proximity MA Aligment Scalping StrategyFractal Analysis
Fractals in trading help identify potential reversal points by marking significant price changes. Our strategy calculates a "fractal value" by comparing the current price to recent high and low fractal points. This is done by evaluating the sum of distances from the current closing price to the recent highs and lows. A positive fractal value suggests proximity to recent lows, hinting at upward momentum. Conversely, a negative value indicates closeness to recent highs, signaling potential downward movement.
Moving Averages for Confirmation
We use a series of 20 moving averages ranging from 5 to 100 to confirm trend directions indicated by fractal analysis. An entry signal is considered bullish when shorter-term moving averages are all above a long-term moving average, aligning with a positive fractal value.
Exit Strategy
The strategy employs dynamic stop-loss levels set at various moving averages, allowing for partial exits when the price crosses below specific thresholds. This helps manage the trade by locking in profits gradually. A full exit might be triggered by strong reversal signals suggested by both fractal values and moving average trends.
This open-source strategy is available for the community to test, adapt, and utilize. Your feedback and modifications are welcome as we refine the approach based on collective user experiences.
Fractal
VRS (Vegas Reversal Strategy)It is based on the reversal of the price after an accentuated volatility of the previous day. It is tested only on BTC, TF Day, and has an activation value equal to a spike of minimum 2.4% amplitude, a value that I have left in the settings free to be modified if it is found valid for other assets.
In the settings you can change how many of the latest longs or shorts I want to view in the past, colors and various aesthetics.
When the system detects a spike at the end of the day from 2.4% onwards it will signal the direction of Reversal, generating the 3 TP, dotted lines.
Entry into the market must be done at the close of the candle day, unfortunately at night time if you want to enter on the tick.
Stop above/below the spike that generated the condition.
If the Day2 candle closes FULL inside the spike, immediate and early closing of the operation.
There cannot be two consecutive Day events: if you are Long or Short and have taken a stop on the next candle, even if the latter generates another entry, this must not be activated.
TP 1 and 2 are both mandatory at 33% of the position, TP3, based on the current movement, can be considered to be left to run to the bitter end or in any case to structuring confirmations of a slowdown in the price.
Upon reaching TP1 it is mandatory to move the STOP to even.
In the event of the presence of extremely strong directional movements, for example Long direction, an opposite activation, Short, must be done but with reduced capital, on the contrary an activation in the same direction as the trend movement can be done with a surcharge. Always pay attention to Money Management and Risk Management.
Always manage Risk and Money Management in an adequate, technical and sustainable manner in relation to your capital. A fair exposure per transaction is between 1% and 2% of the capital.
smplondonclinic StrategyHello my friend! I'm uploading the code for your strategy. I have included a feature in the settings menu called "Entry Direction" that you can use to isolate only longs, only shorts or have both directions at the same time for the backtesting. I have set the strategy to only open 1 position at a time, it will not open a new position unless the previous position is closed. If you want to remove that just let me know. The green/red triangles that you will see plotting on the chart are the potential entry signals, you can turn them off from the style panel in the settings menu. In the inputs tab besides the strategy settings you also have all the relevant parameters for the three indicators used.
Mean reversal QFL v3My aim is to make the bots trade as you would trading QFL manually and “by the book” or at least to my experience and understanding from the material out there of how you should plan a QFL trade.
Im absolutely not a pro trader, I have made my share of costly mistakes trying to be clever or Beeing impatient resulting in painful losses. QFL is we’re I’ve had consistently good results tough.
Is this where I have to say I’m not a financial advisor and all that? Well I’m not. As always Do your own research and backtest, backtest, backtest.
First: I believe no bot strategy are set and forget, while they can run unattended 80-90% of the time you're always going to find yourself in a situation where you will have to manually handle a bad deal. It would also make sense to be somewhat involved in the really good trades making the most out of them. That’s why understanding the strategy the bot Is using is really important, hence why I prefer QFL. It's an easy concept to understand, and proved to be a safe way of making steady profit in pretty much all market conditions if done right.
Some changes in how aggressive you are might be needed if you are the impatient kind of trader who needs to see a lot of deals happening. But it is an added risk. In those cases Luc would advise to start “nibbling” but that would be hard to implement in a bot but I will see if that’s something I can implement.
Same goes for going the more conservative route when market conditions calls for it.
QFL stands for Quickfingersluc, and sometimes it is referred to as the Base Strategy or Mean Reversals. Its main idea is about identifying the moment of panic selling and buying below the base level and utilizing Safety orders.
Base level or Support Level refers to the lowest price level that was reached before the moment the price started increasing again. At that level, you can notice that buyers of some cryptocurrencies make a strong reaction.
As a bit of a learning material i want to make a few points on important factors in trading using the QFL strategy:
• Identify strong bases
• Read the history of the chart
• No emotions
Trading QFL using a bot has it’s limitations:
· Some of the bases are questionable but im constantly trying to improve this
· The strategy don’t take into consideration chart history(success rate)*
· You need to follow a predefined (by you) buying ladder, hence not considering a particular coin's average price movement, which may vary quite a lot. This why I for now has limited the strategy to SIMPLE bots. So that unique alerts can be created for each pair.
· A set Take profit %, possibly making you miss out on higher profits(This is easy to change during a trade though), and no chance of selling in layers(This is coming soon).
1. Some of the bases are questionable
The strategy will start trades of bases that you wouldn’t consider being a strong base(or a base at all) when looking at the chart.
For those not as familiar with QFL. What is a base, and what qualifies as a strong base?
• A base is also called the Support Level, which is the lowest price level that was reached before the price started turning and increasing again.
• A strong base is recognized by a steep fall in price after breaking the base(Panic), followed by a big reaction pump.
• The reaction pump is the most important factor to say that it is a strong base.
• And also the last base, the one you are trading of is the one that counts
Tip: Look for V shapes on the chart, easy to spot when zoomed out.
2. The integrated signals don’t take into consideration chart history(success rate)*
How can you assess the success rate by looking at the chart?
After finding the bases based on the criterias from the 1st point. Looking at the, how many times did it respect the base after breaking it? 7/10, 8/10, 9/10 times? Great! Chances of the next trade also respecting the base is big, and I would consider raising the TP on that deal. Any lower than that I would keep a really close eye on the deal, or even consider closing the deal. And again remember the last base is the one that counts. If all the others are nice strong bases but that last one you are about to take a trade off is no good the base is invalidated so be cautious.
3. You need to follow a predefined (by you) buying ladder
Crypto is volatile, and there is a huge variation in price movements on all the coins.
Trading manually, looking at the chart gives you a good idea on how much a coin on avg. drops below base, and how big the following reaction is. This gives you an indication on how deep you need to set your layers, and where you can take profit.
Using the strategy you have the backtester to see how much max deviation has been in the past so that you can figure out what the optimal max deviation is.
4. A set Take profit %, possibly making you miss out on higher profits(This is easy to change during a trade though), and no chance of selling in layers.
Not going to say to much about this other than what I often do is:
When a bot has started a trade I usually take a look at the chart. If I like what I see, nice chart history, success rate and trading of a strong previous base etc, with the current base break resulting in a panic drop I will consider increasing the TP so that it will make more profit. This can be a bit risky but also very rewarding. Imagine filling all safeties and then selling just below base! Massive profits!! (Gotta be honest though, almost never stretch it that far with a bot though, but it is a possibility) .
If you have studied the chart and concluded that this particular trade has a 90% chance of success, there isn’t really any reason not to place TP just below base. This is where I would like to have the option of layering my sell orders as well so its something im working on implementing.
Trailing is an option in 3commas, but it’s slow to place orders making you miss a selling opportunity when the coin makes a sudden spike up.
ABOUT THIS STRATEGY
In this strategy we can also reverse the strategy and go short. But i must warn you that that is alot riskier.
QFL is meant to be used on higher TF's like 1hr, 2hr and 4hr. But this strategy also work well on lower Timeframes.
The script also simulates DCA strategy with parameters used in 3commas DCA bots for futures trading.
Experiment with parameters to find your trading setup.
Beware how large your total leveraged position is and how far can market go before you get liquidated!
Do that with the help of futures liquidation calculators you can find online!
Included:
An internal average price and profit calculating, instead of TV`s native one, which is subject to severe slippage.
A graphic interface, so levels are clearly visible and back-test analyzing made easier.
Long & Short direction of the strategy.
Table display a summary of past trades
Vertical colored lines appear when the new maximum deviation from the original price has
been reached
All the trading happens with total account capital, and all order sizes inputs are expressed in percent.
How to use:
- Add the script to the current chart
- Open the strategy settings
-Tweak the settings to to your liking.
-Make a SIMPLE bot in 3commas and use the same settings as you did in tradingview if you only want the strategy to send signals to open a deal and let 3commas handle the rest.
If you check safety orders, Take profit deal stop and Stop loss. The strategy will send all the orders to 3 commas. If that’s what you want set TP in 3commas to 50% set number of safety orders to 0 and keep stop loss unchecked.
- Insert bot details using the deal start condition message found in your 3commas bot.
- When happy, right click on the "..." next to the strategy name, then "Add alert'".
- Under "Condition", on the second line, chose "Any alert () function call". Add the webhook from 3commas( 3commas.io ), give it a name, use {{strategy.order.alert_message}} as a placeholder message and "create".
In the future this signal might make it to the 3commas marketplace. You can then subscribe to that signal where I have cherrypicked coins based on thorough backtesting and optimization.
How to obtain access to the script: send me a private message in Tradingview
3C QFL Mean reversalWhat is QFL trading strategy?
QFL stands for Quickfingersluc, and sometimes it is referred to as the Base Strategy or Mean Reversals. Its main idea is about identifying the moment of panic selling and buying below the base level and utilizing Safety orders.
What is Base level or Support Level?
Base level or Support Level refers to the lowest price level that was reached before the moment the price started increasing again. At that level, you can notice that buyers of some cryptocurrencies make a strong reaction.
In this strategy we can also reverse the strategy and go short. But i must warn you that that is alot riskier.
QFL is meant to be used on higher TF's like 1hr, 2hr and 4hr. But this strategy also work well on lower Timeframes.
The script also simulates DCA strategy with parameters used in 3commas DCA bots for futures trading.
Experiment with parameters to find your trading setup.
Beware how large your total leveraged position is and how far can market go before you get liquidated!
Do that with the help of futures liquidation calculators you can find online!
Included:
An internal average price and profit calculating, instead of TV`s native one, which is subject to severe slippage.
A graphic interface, so levels are clearly visible and back-test analyzing made easier.
Long & Short direction of the strategy.
Table display a summary of past trades
Vertical colored lines appear when the new maximum deviation from the original price has
been reached
All the trading happens with total account capital, and all order sizes inputs are expressed in percent.
Pullback Strategy (Candle Analysis) New VersionFollowing on from the previous Pullback Candle which smashed over 100 likes - here we have the strategy behind the indicator.
Signal = Pullback Candle (This will alert on all timeframes and markets when selecting the Alert function for the Signal
Entry = When the Pullback Candle is confirmed ie 16:00 - the strategy will enter within the next two candles.
Stop loss = 0.25 ATR multiple which means we have a tighter stop loss - if greater than 1 then the stop loss will be more in percentages!!!
Take Profit = 1.5 Risk to Reward Model
Ema filter - There is a function to modify when looking into trades so as this is a bullish setup we want trades to be over the ema and using this filter will only show trades above the 200ema
Time filter - If you want to backtest Uptrends - locate the time of the start and the end of the uptrend - input this data into the settings and this will bring up the trades in that time period.
Most efficient to use this script is only in uptrends and this signal is a bullish signal - when using a ema filter we wont get trades under this so narrow down good trades for automation.
!!!!TO ENHANCE THE SYSTEM - USE TECHNICAL ANANLYSIS FOR CONFLUENCES
Most inefficient way to use the script is when price is in a downtrend and the win rate falls dramatically.
The pullback candle has a R-Expectancy of R5 so profits can be elongated when trading manually.
As the pullback candle occurs often in a trend we could pyramided trades to say have 5 trades in the same direction but the way i would trade this is to alert R1.5 then look to R2 and above to take profits manually.
(((P.S coders.... i need help to work on a profit extension code where exit long when price is below the 9ema (this seems simple but proving difficult) - this would be included onto the script if received.
BTC WaveTrend R:R=1:1.5In this strategy, I used Wavetrend indicator (Lazy Bear).
It is very simple and easy to understanding: Long when Wavetrend1 crossover Wavetrend2 and they are less than a limit value (not buy when price overbought). Stoploss at lowest 3 bar previous. R:R = 1:1,5.
About other shortterm strategies for crypto market, you can view my published strategies.
Plutus - StrategyPlutus is a Script I've been working on for the past several months, and It's finally ready to go live! I would like to have few volunteers to help me forward-test it with different assets, preferably, with any Binance Perpetual contract traded under US$50.
The Script is delivering a Net PnL of circa 350% (0.04% commission deducted from the ~500% gross) in 14 days on the backtest when plotted on the WAVESUSDTPERP 2-min chart. Good results also with RUNEUSDTPERP and OGNUSDTPERP .
To whomever contributes with a constructive (technical) feedback, a better Stop-Loss strategy, other potential (Binance Futures ) pairs where the Script would delivery a 15-Day PnL of 400%+, and MAINLY who collaborate fowardtesting it, I'll grant access to the Strategy (which will have its Privacy Setting changed from Public to Private in 7 days from now) for a period of 2 months.
Please, explored it with different time frames, assets, markets and leave your comments!
Thanks a lot!
PS.: Tomorrow I'll write a better description.
DarvasBox Breakout [@TradersVenue]I have decided that, its time to give back something to trading community so that channel/group members benefit from it. As usual, its without any commercial interests and hence published it publicly for free (without source code because its my own effort and don't want to share the source code to all).
This is complete non-repaint version of my #DarvasBox trading strategy. For best results keep the default settings. Dont keep the Will not be able to share the code. I have done back testing till 1990 and results are fantastic. Strategy works well with 25/75/125+ time frame. I have majorly tested it in #Nifty and #BankNifty. You may test it with other scripts and trade if you want.
Fractal Breakout Strategy (by ChartArt)This long only strategy determines the price of the last fractal top and enters a trade when the price breaks above the last fractal top. The strategy also calculates the average price of the last fractal tops to get the trend direction. The strategy exits the long trade, when the average of the fractal tops is falling (when the trend is lower highs as measured by fractals). And the user can manually set a time delay of this exit condition. The default setting is a long strategy exit always 3 bars after the long entry condition appeared.
In addition as gimmicks the fractals tops can be highlighted (the default is blue) and a line can be drawn based on the fractal tops.This fractal top line is colored by the fractal top average trend in combination with the fractal breakout condition.
This strategy works better on higher time-frames (weekly and monthly), but it also works on the daily and some other time-frames. This strategy does not repaint, no repainting.
P.S. I thank Tradingview user barracuda who helped me with the time based exit condition code. And user RicardoSantos for coding the definition of the fractal top, which he uses in his " Fractals" scripts.
All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
