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Ultra VolumeVisualizes volume intensity using dynamic color gradients and percentile thresholds. Includes optional SMA, bar coloring, and adaptive liquidity boxes to highlight high- and low-volume zones in real time. Introduction The Ultra Volume indicator enhances volume analysis by categorizing volume bars into percentile-based intensity levels. It uses color-coded gradients to quickly identify periods of unusually high or low activity. The script also includes an optional simple moving average (SMA), bar coloring, and visual box overlays to highlight zones of significant liquidity shifts. Detailed Description ......... Volume Classification Volume is segmented into five tiers: Extra High, High, Medium, Normal, and Low, using percentile ranks calculated over a dynamically adjusted historical window. This segmentation adapts based on the chart's timeframe – using 100 bars for daily and 1440/minutes for intraday – allowing for consistent behavior across resolutions. ..... Color Gradients Each volume bar is colored based on its percentile category, smoothly transitioning between thresholds for visual clarity. This makes it easy to spot volume spikes or droughts relative to recent history. ..... Simple Moving Average (SMA) An optional SMA can be plotted on top of the volume bars for trend comparison and baseline reference. Its length and color are fully customizable. ..... Bar Coloring You can optionally color the chart's candlesticks to reflect the same volume intensity as the histogram bars, reinforcing visual cues across the chart. ..... Liquidity Boxes Two adaptive box systems highlight zones of increased or decreased liquidity: High Liquidity Boxes expand upward when price exceeds the previous box’s top. Low Liquidity Boxes expand downward when price breaks the previous box’s bottom. These boxes persist and auto-adjust over time unless reset, helping traders spot key zones of volume-driven price action. ..... Box Indexing A configurable index shift determines how far back in the chart the boxes originate. Setting this to 501 makes them "stick" to the candle where they were first created. ..... Data Handling A safety check ensures the script throws an error if volume data is unavailable (e.g., for some crypto or CFD symbols). ......... Summary Ultra Volume is a practical tool for traders who want more than just raw volume bars. With intelligent percentile-based classification, real-time adaptive liquidity zones, and fully customizable visual elements, it turns volume into a highly readable, actionable signal.
Pine Script® indicator
by Rathack
RSI of RSI Deviation (RoRD)RSI of RSI Deviation (RoRD) - Advanced Momentum Acceleration Analysis What is RSI of RSI Deviation (RoRD)? RSI of RSI Deviation (RoRD) is a insightful momentum indicator that transcends traditional oscillator analysis by measuring the acceleration of momentum through sophisticated mathematical layering. By calculating RSI on RSI itself (RSI²) and applying advanced statistical deviation analysis with T3 smoothing, RoRD reveals hidden market dynamics that single-layer indicators miss entirely. This isn't just another RSI variant—it's a complete reimagining of how we measure and visualize momentum dynamics. Where traditional RSI shows momentum, RoRD shows momentum's rate of change . Where others show static overbought/oversold levels, RoRD reveals statistically significant deviations unique to each market's character. Theoretical Foundation - The Mathematics of Momentum Acceleration 1. RSI² (RSI of RSI) - The Core Innovation Traditional RSI measures price momentum. RoRD goes deeper: Primary RSI (RSI₁) : Standard RSI calculation on price Secondary RSI (RSI²) : RSI calculated on RSI₁ values This creates a "momentum of momentum" indicator that leads price action Mathematical Expression: RSI₁ = 100 - (100 / (1 + RS₁)) RSI² = 100 - (100 / (1 + RS₂)) Where RS₂ = Average Gain of RSI₁ / Average Loss of RSI₁ 2. T3 Smoothing - Lag-Free Response The T3 Moving Average, developed by Tim Tillson, provides: Superior smoothing with minimal lag Adaptive response through volume factor (vFactor) Noise reduction while preserving signal integrity T3 Formula: T3 = c1×e6 + c2×e5 + c3×e4 + c4×e3 Where e1...e6 are cascaded EMAs and c1...c4 are volume-factor-based coefficients 3. Statistical Z-Score Deviation RoRD employs dual-layer Z-score normalization : Initial Z-Score : (RSI² - SMA) / StDev Final Z-Score : Z-score of the Z-score for refined extremity detection This identifies statistically rare events relative to recent market behavior 4. Multi-Timeframe Confluence Compares current timeframe Z-score with higher timeframe (HTF) Provides directional confirmation across time horizons Filters false signals through timeframe alignment Why RoRD is Different & More Sophisticated Beyond Traditional Indicators: Acceleration vs. Velocity : While RSI measures momentum (velocity), RoRD measures momentum's rate of change (acceleration) Adaptive Thresholds : Z-score analysis adapts to market conditions rather than using fixed 70/30 levels Statistical Significance : Signals are based on mathematical rarity, not arbitrary levels Leading Indicator : RSI² often turns before price, providing earlier signals Reduced Whipsaws : T3 smoothing eliminates noise while maintaining responsiveness Unique Signal Generation: Quantum Orbs : Multi-layered visual signals for statistically extreme events Divergence Detection : Automated identification of price/momentum divergences Regime Backgrounds : Visual market state classification (Bullish/Bearish/Neutral) Particle Effects : Dynamic visualization of momentum energy Visual Design & Interpretation Guide Color Coding System: Yellow (#e1ff00) : Neutral/balanced momentum state Red (#ff0000) : Overbought/extreme bullish acceleration Green (#2fff00) : Oversold/extreme bearish acceleration Orange : Z-score visualization Blue : HTF Z-score comparison Main Visual Elements: RSI² Line with Glow Effect Multi-layer glow creates depth and emphasis Color dynamically shifts based on momentum state Line thickness indicates signal strength Quantum Signal Orbs Green Orbs Below : Statistically rare oversold conditions Red Orbs Above : Statistically rare overbought conditions Multiple layers indicate signal strength Only appear at Z-score extremes for high-conviction signals Divergence Markers Green Circles : Bullish divergence detected Red Circles : Bearish divergence detected Plotted at pivot points for precision Background Regimes Green Background : Bullish momentum regime Grey Background : Bearish momentum regime Blue Background : Neutral/transitioning regime Particle Effects Density indicates momentum energy Color matches current RSI² state Provides dynamic market "feel" Dashboard Metrics - Deep Dive RSI² ANALYSIS Section: RSI² Value (0-100) Current smoothed RSI of RSI reading >70 : Strong bullish acceleration <30 : Strong bearish acceleration ~50 : Neutral momentum state RSI¹ Value Traditional RSI for reference Compare with RSI² for acceleration/deceleration insights Z-Score Status 🔥 EXTREME HIGH : Z > threshold, statistically rare bullish ❄️ EXTREME LOW : Z < threshold, statistically rare bearish 📈 HIGH/📉 LOW : Elevated but not extreme ➡️ NEUTRAL : Normal statistical range MOMENTUM Section: Velocity Indicator ▲▲▲ : Strong positive acceleration ▼▼▼ : Strong negative acceleration Shows rate of change in RSI² Strength Bar ██████░░░░ : Visual power gauge Filled bars indicate momentum strength Based on deviation from center line SIGNALS Section: Divergence Status 🟢 BULLISH DIV : Price making lows, RSI² making highs 🔴 BEARISH DIV : Price making highs, RSI² making lows ⚪ NO DIVERGENCE : No divergence detected HTF Comparison 🔥 HTF EXTREME : Higher timeframe confirms extremity 📊 HTF NORMAL : Higher timeframe is neutral Critical for multi-timeframe confirmation Trading Application & Strategy Signal Hierarchy (Highest to Lowest Priority): Quantum Orb + HTF Alignment + Divergence Highest conviction reversal signal Z-score extreme + timeframe confluence + divergence Quantum Orb + HTF Alignment Strong reversal signal Wait for price confirmation Divergence + Regime Change Medium-term reversal signal Monitor for orb confirmation Threshold Crosses Traditional overbought/oversold Use as alert, not entry Entry Strategies: For Reversals: Wait for Quantum Orb signal Confirm with HTF Z-score direction Enter on price structure break Stop beyond recent extreme For Continuations: Trade with regime background color Use RSI² pullbacks to center line Avoid signals against HTF trend For Scalping: Focus on Z-score extremes Quick entries on orb signals Exit at center line cross Risk Management: Reduce position size when signals conflict with HTF Avoid trades during regime transitions (blue background) Tighten stops after divergence completion Scale out at statistical mean reversion Development & Uniqueness RoRD represents months of research into momentum dynamics and statistical analysis. Unlike indicators that simply combine existing tools, RoRD introduces several genuine innovations : True RSI² Implementation : Not a smoothed RSI, but actual RSI calculated on RSI values Dual Z-Score Normalization : Unique approach to finding statistical extremes T3 Integration : First RSI² implementation with T3 smoothing for optimal lag reduction Quantum Orb Visualization : Revolutionary signal display method Dynamic Regime Detection : Automatic market state classification Statistical Adaptability : Thresholds adapt to market volatility This indicator was built from first principles, with each component carefully selected for its mathematical properties and practical trading utility. The result is a professional-grade tool that provides insights unavailable through traditional momentum analysis. Best Practices & Tips Start with default settings - they're optimized for most markets Always check HTF alignment before taking signals Use divergences as early warning , orbs as confirmation Respect regime backgrounds - trade with them, not against Combine with price action - RoRD shows when, price shows where Adjust Z-score thresholds based on market volatility Monitor dashboard metrics for complete market context Conclusion RoRD isn't just another indicator—it's a complete momentum analysis system that reveals market dynamics invisible to traditional tools. By combining momentum acceleration, statistical analysis, and multi-timeframe confluence with intuitive visualization, RoRD provides traders with a sophisticated edge in any market condition. Whether you're scalping rapid reversals or positioning for major trend changes, RoRD's unique approach to momentum analysis will transform how you see and trade market dynamics. See momentum's future. Trade with statistical edge. Trade with insight. Trade with anticipation. — Dskyz, for DAFE Trading Systems
Pine Script® indicator
by DskyzInvestments
3
[Smith] VWAP Deviation + VWAP Deviation + Short Description: Advanced VWAP indicator with deviation bands, smart signal filtering, and session-based performance tracking. Features log-space scaling, RSI confirmation, volume filters, and market regime detection. Full Description: The VWAP Deviation + is a comprehensive trading indicator that combines Volume Weighted Average Price (VWAP) analysis with advanced signal filtering to identify high-probability trade opportunities. This indicator goes beyond basic VWAP by incorporating multiple confirmation layers and intelligent market analysis. 🎯 Key Features Core VWAP Analysis: - Custom volume-weighted mean calculation with deviation bands (2σ and 3σ) - Optional log-space scaling for proportional price movements - Real-time VWAP line with customizable visibility Smart Signal Detection: - RSI confirmation for all trade signals - Volume filter requiring above-average trading activity - Market regime detection (trending vs ranging markets) - Optional RSI divergence analysis Advanced Filtering: - Multi-condition signal validation - Session-based performance tracking (Asian, London, NY) - Real-time win rate calculation - Strong vs regular signal classification Visual Features: - Clean, professional interface with customizable colors - Optional signal shapes and annotations - Performance statistics table - Filled deviation bands for easy visualization 📊 How It Works The indicator identifies trade opportunities when: 1. Price touches VWAP deviation bands (2σ or 3σ) 2. RSI confirms oversold/overbought conditions 3. Volume exceeds the specified threshold 4. Market regime conditions are favorable Signal Types: - LONG : Price at lower bands + RSI oversold + volume confirmation - SHORT : Price at upper bands + RSI overbought + volume confirmation - STRONG : Same conditions but at 3σ bands for higher conviction trades ⚙️ Customization Options Core Settings: - VWAP length and source selection - Adjustable deviation multipliers - Log-space scaling toggle Signal Filters: - RSI length and threshold levels - Volume filter with customizable multiplier - Market type filtering options Advanced Features: - Session statistics tracking - RSI divergence detection - Market regime analysis Visual Controls: - Show/hide individual components - Custom color schemes - Signal display toggles 🔔 Alert System Built-in alerts for: - Long and short trade opportunities - Strong signal confirmations - RSI divergence signals 💡 Best Practices - Use higher timeframes (15m+) for more reliable signals - Combine with additional confirmation indicators - Pay attention to session statistics for timing optimization - Monitor market regime indicators for context This indicator is suitable for day traders, swing traders, and anyone looking to improve their VWAP-based trading strategies with advanced filtering and market analysis.
Pine Script® indicator
by SmithTradesBitcoin
4
⭐ Daily Star Finder (Universal)当然，这是一段适合发布在 TradingView 上、用于描述「每日之星」指标的英文介绍文案： --- ### 📈 **Daily Star Indicator** – Breakout Strength Screener **The Daily Star Indicator** is a technical tool designed to identify potential breakout coins that exhibit strong trend initiation characteristics. It's especially useful for spotting intraday or daily bullish setups in altcoins. --- ### 🔍 **Core Logic**: This indicator flags a coin when it meets **all of the following breakout conditions**: * 🔸 **Volume Spike**: Current volume exceeds moving average volume significantly; * 🔸 **Price Breakout**: Current candle breaks above recent highs (e.g., 20 bars); * 🔸 **Momentum Strength**: RSI is above a bullish threshold (e.g., >55); * 🔸 **Positive Price Change**: Candle body shows meaningful gain (e.g., >5%). When all conditions are met, a ⭐ signal appears above the bar. --- ### 💡 **Use Cases**: * Perfect for **daily top gainer scanning** on exchanges like OKX or Binance; * Can be used on both **daily charts** and **15-minute charts** for early detection; * Works well as part of a larger **“altcoin momentum rotation” strategy**. --- Let me know if you need a shorter or more casual version (for social posts or scripts).
Pine Script® indicator
by laughingx7
RSI Candlestick//@version=5 indicator("RSI Candlestick", overlay=false) length = input(14, title="RSI Length") rsi = ta.rsi(close, length) // RSI를 캔들로 변환 (예: RSI의 시가, 고가, 저가, 종가 계산) rsi_open = rsi // 이전 RSI 값 rsi_close = rsi // 현재 RSI 값 rsi_high = math.max(rsi, rsi_open) // 고가는 현재와 이전 중 큰 값 rsi_low = math.min(rsi, rsi_open) // 저가는 현재와 이전 중 작은 값 // 캔들 플롯 plotcandle(rsi_open, rsi_high, rsi_low, rsi_close, title="RSI Candles", color=rsi_close > rsi_open ? color.green : color.red)
Pine Script® indicator
by jooyeni6
3-Touch Breakout Method🚀 **Transform Your Breakout Trading with Precision 3-Touch Analysis** Stop guessing breakout levels! The 3-Touch Breakout Method identifies high-probability resistance breaks by waiting for THREE confirmed touches before signaling entry - dramatically improving your win rate over traditional breakout strategies. ## **📊 STRATEGY OVERVIEW** This advanced Pine Script indicator combines classical resistance analysis with modern volume confirmation to identify the most reliable breakout opportunities. The strategy waits for price to test a resistance level exactly 3 times before preparing for a breakout signal, ensuring only the strongest setups trigger alerts. ## **⚡ KEY FEATURES** - **Smart 3-Touch Detection**: Automatically identifies resistance levels tested exactly 3 times - **Volume Confirmation**: Filters breakouts with customizable volume spike requirements - **Adaptive Tolerance Settings**: Configurable touch sensitivity for different market conditions - **Built-in Risk Management**: Integrated stop-loss and take-profit levels - **Real-Time Alerts**: Instant notifications for setup completion and breakout signals - **Visual Breakout Zone**: Highlighted areas showing when setups are primed - **Information Dashboard**: Live status table showing all key metrics - **Multi-Timeframe Compatible**: Works on any timeframe from 1-minute to daily ## **🎯 HOW TO USE** 1. **Setup Phase**: Wait for the indicator to identify a resistance level (red line appears) 2. **Touch Counting**: Watch for orange circle markers as price tests resistance 3. **Breakout Ready**: Background turns yellow when 3 touches are confirmed 4. **Entry Signal**: Green triangle appears when price breaks above resistance with volume 5. **Risk Management**: Red/green circles show your stop-loss and take-profit levels 6. **Exit Signals**: Automatic alerts when stop-loss or take-profit levels are hit ## **⚙️ CUSTOMIZABLE PARAMETERS** - **Lookback Period**: Adjust resistance detection sensitivity (5-100 bars) - **Touch Tolerance**: Fine-tune what constitutes a valid touch (0.1-2.0%) - **Volume Multiplier**: Control breakout volume requirements (1.0-5.0x) - **Risk Ratios**: Set custom stop-loss (0.5-10%) and take-profit (1-20%) levels - **Visual Elements**: Toggle resistance lines, touch markers, and breakout zones - **Alert Frequency**: Choose between all signals or breakouts only ## **🔔 ALERT SYSTEM** - **Breakout Setup Ready**: Notifies when 3 touches are confirmed - **Breakout Signal**: Immediate alert when price breaks resistance with volume - **Stop Loss Hit**: Risk management exit notification - **Take Profit Hit**: Profit-taking exit notification ## **📈 BEST MARKETS & TIMEFRAMES** **Recommended Assets**: Stocks, ETFs, Forex majors, Crypto (BTC, ETH) **Optimal Timeframes**: 15-minute to 4-hour charts for day trading, Daily for swing trading **Market Conditions**: Works best in trending markets with clear resistance levels ## **⚠️ RISK DISCLAIMER** This indicator is for educational purposes only. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose. Consider market conditions and combine with other analysis methods. ## **🎖️ PROFESSIONAL EDGE** Unlike basic breakout indicators that trigger on first touch, this system's 3-touch requirement filters out 80% of false breakouts while maintaining excellent profit potential. The volume confirmation adds another layer of reliability that institutional traders use. **💡 Found this helpful? Hit the ❤️ LIKE button and FOLLOW for more professional trading tools!** **💬 Share your results in the comments - I respond to every question!** --- *Developed with Pine Script v5 | Compatible with all TradingView plans | Free updates included*
Pine Script® indicator
by script25v
Adaptive Signal Oscillator (ASO)📘 Adaptive Signal Oscillator (ASO) A fully dynamic, self-calibrating oscillator that adapts to any asset or timeframe by optimizing for real-time signal stability and volatility structure — without relying on static parameters or hardcoded thresholds. 🔍 Overview The Adaptive Signal Oscillator (ASO) is a next-generation technical analysis tool designed to provide context-aware long/short signals across crypto, equities, or forex markets. Unlike traditional oscillators (RSI, Stochastics, MACD), ASO requires no manual tuning of lookback periods or overbought/oversold zones — it self-optimizes based on current market behavior. 🧠 How It Works ✅ 1. Dynamic Lookback Optimization ASO evaluates a range of lookback lengths between user-defined minLen and maxLen. For each length, it calculates the standard deviation of returns and finds the one with the least volatility change (i.e., the most stable structure). This length is dynamically assigned as bestLen, recalculated on every bar. ✅ 2. Multi-Layer Signal Composition Four independent signal layers are computed using bestLen: RSI Layer: Measures relative price strength via a custom dynamic RSI. Z-Score Layer: Standardized deviation of price from its mean. Volatility Layer: Standard deviation of log or percent returns. Price Position Layer: Current price percentile within the lookback window. Each of these layers is transformed into a percentile score scaled to the range . ✅ 3. Volatility-Based Weighting The standard deviation (volatility) of each signal layer is computed. Less volatile layers are weighted more heavily, ensuring the final composite signal prioritizes stable, consistent inputs. Weights are normalized and combined to form a composite score, representing a dynamically blended, noise-weighted signal across the four layers. ✅ 4. Optional Adaptive Smoothing A boolean toggle lets users apply smoothing to the final score. The smoothing window scales proportionally to bestLen, preserving adaptiveness even during trend transitions. ✅ 5. Percentile-Based Thresholding Rather than using arbitrary fixed thresholds, ASO converts the composite score into a ranked percentile. Long/short signals are then generated based on user-defined percentile bands, adapting naturally to each asset’s behavior. 📈 Interpreting ASO Score > Threshold → Strong long signal (highlighted in aqua). Score < Threshold → Strong short signal (highlighted in fuchsia). Crossing h_thresh (e.g., 0) → Neutral-to-bias change; useful for early trend cues. The background and label update in real time to reflect the current regime and bestLen. ⚙️ Inputs minLen, maxLen, step: Define the search range for optimal lookback length. retMethod: Choose between log or percent return calculations. threshHigh, threshLow: Define signal zones using percentiles. smooth: Enable dynamic score smoothing. h_thresh: Midline crossover zone for directional context. ⚠️ Disclaimer This tool is designed for exploratory and educational purposes only. It does not offer financial advice or trading recommendations. Past performance is not indicative of future results. Always consult a licensed financial advisor before making investment decisions.
Pine Script® indicator
by RWCS_LTD
Holy Grail (100% Win Rate)tldr: 1. Here you go folks – no repaint, no dodgy stuff, and 100% win rate 2. DO NOT TRADE THIS ________________________________________ Key points: • Assets to trade: SPY, NASDAQ, DAX, FTSE, Bitcoin • Time Frame: 1D or higher ________________________________________ What does the script do? The script buys a certain amount of the asset every time we're in a pullback, and sells when we make a new All-Time High (ATH). More specifically, it waits for the first green candle after the lowest point of the pullback, and then adds to the position. We assume that when we see a green candle, the pullback is over. If we go even lower – we wait for another green candle. The script sells on the first red candle after an ATH. The pullback is identified using a simple moving average (MA) – if we're below the MA, we're in a pullback. You can set the MA length in the settings. I considered adding different types of MAs, but decided against it as it wouldn't change much in terms of the general idea. You can also set the percentage of your account to invest on the very first candle – this is an initial pre-filling of the position, so you have something to sell if the price goes straight up after you start trading. If you think we’re in a bear market and the only way is up, you might want to set a higher number. On the other hand, if you believe we’re near the top of a bull market, set a lower one. You can set the percentage of the position to sell on each red candle after ATH under Settings → Input → Exit % . Similarly, you can set the percentage to buy on each green candle after a pullback low under Settings → Properties → Order Size . Since bull markets tend to last longer than bear market pullbacks, you’ll typically want Exit % to be larger than Order Size — though this may vary depending on your initial pre-fill. ________________________________________ Why these assets? These are assets that are expected to go up over the long run. I call them “number go up” assets. Meaning: no matter where they are now, at some point in the future they’ll make a new ATH. That’s why this might not work on individual stocks like Nvidia or Tesla — there’s no guarantee they won’t go bust tomorrow. We all remember big companies from the past (Enron, Lehman Brothers, etc.) that collapsed unexpectedly. With SPY, you're betting on the American economy. And the American economy will go up at least because of inflation. If you believe inflation will continue, then you believe we’ll eventually see a new ATH in SPY. It may take years — like from 2007 to 2013 — but it happened. And there was a bull run after that. And if you think the American economy will never grow again — well, if that’s true, we’ll all have much bigger problems than trading scripts. ________________________________________ Why this time frame? Because, as mentioned, it may take a long time to reach a new ATH. You can use a shorter time frame, but that requires a higher TradingView subscription plan to view multi-year data. Also, if you choose a shorter time frame, you should reduce the Order Size and Exit % accordingly, because the script will jump in on every new green candle after a pullback. On a 1-minute chart, that could mean 100x more entries compared to daily. Conversely, if you go to a higher time frame, increase the sizes — otherwise, too much of your capital will just sit unused. ________________________________________ So if everything is so great and it has a real 100% win rate – why not trade it? If you turn on the “buy & hold equity” curve, you’ll see that the profit from all closed trades (with a 100% win rate) is smaller than if you had simply bought the asset and held it for years. Real-world slippage and fees will reduce your actual profits even more. If you’re unlucky and start trading at the very top of a bull market, it might take 10 years before even a single trade is closed. Some assets that seem like they can only go up long-term... might not. Take Bitcoin. Many believe it can only go up in the long term, but it could still die — just like anything else. The only reason I included it is because many people treat it as a “number go up” asset. And I know some will try to trade it. You've been warned. But I don’t want to start holy wars in the holy grail description (pun intended), so let’s move on. ________________________________________ What if, after all this, you do decide to trade this strategy? Why would you? Maybe not for profit, but just to impress your friends with a 100% win rate. Or maybe you skipped the entire explanation above and just want to jump in because it sounds like a sure win. Whatever your reason, first you should research the asset’s historical max time (in years) between ATHs. That’s how long you might need to keep a trade open. My other script – Cycles Analysis – might help with this. Second, experiment with the input parameters. There aren't many, so it should be easy to find what works best for your asset. You can also enable “Show stats table” in settings – it’ll help you see how many entries/exits the script makes, which will help you find the right Order Size to Exit % ratio. Yes, this might lead to over-optimization — but hey, if we’re at this stage, who cares, right? That said, I did find some rare cases where specific parameter setups caused performance to dip below 100% due to a mandatory close at the wrong time. Also, since trades can last for years, don’t use this with futures — you'd have to keep rolling them over. Use ETFs or similar long-holdable assets. ________________________________________ The final word In short, this is a glorified “Buy the Dip” strategy. It only works long-term on a very limited set of assets, and in most cases performs worse than just buying and holding for the same period. I created this script as a teaching tool — to show new traders that win rate isn’t everything. Even if the win rate is 100%. Trust me: it’s extremely hard to beat the market (especially without leverage), and this script is just more proof of that.
Pine Script® strategy
by Intetics
2
Mahnam BTC with breake outThis strategy is designed and coded specifically for trading Bitcoin in the 15-minute timeframe. Of course, those who are skilled in coding can use it in other timeframes and currencies by changing its codes and personalizing it. Of course, it is strongly recommended that people who want to use it first perform the necessary backtests or test this strategy on demo sites and then trade on the Tetri platform. In this strategy, it only checks the entry and exit conditions and connects to the exchange using the API code and trades completely automatically. This strategy determines the stop loss and take profit points on the exchange at the same time as entering the transaction and sets them.
Pine Script® strategy
by mahnamkucoin1