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Indicators and strategies

Catching the Bottom (by Coinrule)This script utilises the RSI and EMA indicators to enter and close the trade. 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. An exponential moving average (EMA) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average simple moving average (SMA), which applies an equal weight to all observations in the period. The strategy enters and exits the trade based on the following conditions. ENTRY RSI has a decrease of 3. RSI <40. EMA100 has crossed above the EMA50. EXIT RSI is greater than 65. EMA9 has crossed above EMA50. This strategy is back tested from 1 April 2022 to simulate how the strategy would work in a bear market and provides good returns. Pairs that produce very strong results include ETH on the 5m timeframe, BNB on 5m timeframe, XRP on the 45m timeframe, MATIC on the 30m timeframe and MATIC on the 2H timeframe. 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
Trailing Stop SnippetThis is an example snippet that should allow for adding a trailing stop and trailing stop activation to almost any script. You can use it by setting a trailing stop alone. This will provide you standard trailing stop functionality allowing you to lock in profits and increase your stop-loss as the price moves in your direction. You can also set the trailing stop activation to trigger the original trailing stop at a certain level. "Once price rises 5%, set a trailing stop at break even". This would be set as 5 and 5 in the settings.
Pine Script™ strategy
by Autoview_official
1
[D] Dudu 95 Strategy Template ver.1.1.Hello Guys! Nice to meet you all! This is my Second script after changing My Profile Name! I updated my strategy template before - I added some filter conditions (EMA, ADX, DMI). If there's something to update, I will update this script! Thank you! ----- I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All! ### Filter 1. Can Choose whether to use filter. 2. Filters Based on ATR, EMA, ADX, and DMI are ready to use. ### StopLoss 1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High. 2. Can Chosse inputs of each Stop Loss Type. ### Take Profit 1. Can set Risk Reward Ratio for Take Profit. - To simplify backtest, I erased all other options except RR Ratio. - You can add Take Profit Logic by adding options in the code. 2. Can set Take Profit Quantity. ### Risk Manangement 1. Can choose whether to use Risk Manangement Logic. - This controls the Quantity of the Entry. - e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price, then 50% of your equity will be used for trade. 2. Can choose How much risk you would take per trade. ### Plot 1. Added Labels to check the data of entry / exit positions. 2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Pine Script™ strategy
by DuDu95
1
Altered OBV On MACDHere is another strategy along with an indicator that is already published for everyone to use wisely in the tradingview platform. The strategy is not very planned to highlight where to enter and when to exit as it is just a system. So, it is always good practice to follow the signal of simple moving averages and that is the reason you could find those color lines in this strategy as well. As the indicator signals the entry point, it is wise to decide what the SMA (21, 50, 90, 200) signals us. When the price oscillated around the higher timeframe of moving averages, then it is wise to wait before entering. OBV: The OBV is perfect indicator to understand the strength of the particular stock. As the strength increase, the trend of the stock goes high along with price. But, the OBV is considered only with close of previous close which is to make sure the double confirmation on the price to accumulate the volume . Altered OBV: So, here is the altered OBV, which basically consider the close of previous close and also buying interested of the day when close is higher than open. MACD: I always admire the magic of MACD with pre-defined timeframe. Now, this MACD applied on top of altered OBV to signal us the moving of the ticker strength. Long: The long entry occurs when the MACD on Altered OBV signal bullish and the same time the MACD on close already bullish. Short The short denotes when the MACD on Altered OBV signal bearish and at the same time the MACD on close already bearish. I hope this would help on your swing trading strategy. Happy Investing.
Pine Script™ strategy
by stocktechbot
[DuDu95] SSL 4C MACD Laugerre RSI StrategyHello Guys! Nice to meet you all! Before I start, my nickname has changed to 'DuDu95'!! This is the Strategy introduced by youtube channel. I made this based on the open source indicator by kevinmck100, vkno422, KivancOzbilgic. Thank you All! ### Entry Logic 1. Long Entry Logic - close > SSL Hybrid baseline upper k (keltner channel) - macd signal > 0 and current MACD value > previous MACD value - Laguerre RSI < overbought Line. 2. short Entry Logic - close < SSL Hybrid baseline lower k (keltner channel) - macd signal < 0 and current MACD value < previous MACD value - Laguerre RSI > overbought Line. ### Exit Logic 1. Long Exit Logic - close < SSL Hybrid baseline lower k (keltner channel) - macd signal < 0 2. short Entry Logic - close > SSL Hybrid baseline upper k (keltner channel) - macd signal > 0 ### StopLoss 1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High. 2. Can Chosse inputs of each Stop Loss Type. ### Take Profit 1. Can set Risk Reward Ratio for Take Profit. - To simplify backtest, I erased all other options except RR Ratio. - You can add Take Profit Logic by adding options in the code. 2. Can set Take Profit Quantity. ### Risk Manangement 1. Can choose whether to use Risk Manangement Logic. - This controls the Quantity of the Entry. - e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price, then 50% of your equity will be used for trade. 2. Can choose How much risk you would take per trade. ### Plot 1. Added Labels to check the data of entry / exit positions. 2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Pine Script™ strategy
by DuDu95
3
RSI Buy & Sell Trading ScriptThis is my first attempt at a trading script using the RSI indicator for Buy & Sell signals (so please be nice but would appreciate any constructive comments). Starting with $100 initial capital and using 10% per trade You can select which month the backtesting starts There is also a monthly table (sorry can’t remember who I got this from) that shows the total monthly profits, but you’ll need to turn it on by going into settings, Properties and in the Recalculate section tick the “On every tick” box It should do the following: Open Buy order if the RSI > 68 and the current Moving Average is greater than the previous Moving average • TP1 = 50% of Order at 0.4% • TP2 = 50% of order at 0.8% • SL = 2% below entry • Close Buy order if the RSI < 30 Open Sell order if the RSI < 28 and the current Moving Average is less than the previous Moving average • TP1 = 50% of Order at 0.4% • TP2 = 50% of order at 0.8% • SL = 2% above entry • Close Buy order if the RSI < 60 I would like to build on this if you have any ideas/ code that could help like the following: • Move the SL to break even when it hits TP1 • Move the SL to TP1 when TP2 hits • Moving take profit code so I can let the some of the trade stay in play (activate if it hits 1% profit and close trade if price retracts 0.5%)
Pine Script™ strategy
by CRabbit
1
[fpemehd] Strategy TemplateHello Guys! Nice to meet you all! This is my fourth script! This is the Strategy Template for traders who wants to make their own strategy. I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All! ### StopLoss 1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High. 2. Can Chosse inputs of each Stop Loss Type. ### Take Profit 1. Can set Risk Reward Ratio for Take Profit. - To simplify backtest, I erased all other options except RR Ratio. - You can add Take Profit Logic by adding options in the code. 2. Can set Take Profit Quantity. ### Risk Manangement 1. Can choose whether to use Risk Manangement Logic. - This controls the Quantity of the Entry. - e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price, then 50% of your equity will be used for trade. 2. Can choose How much risk you would take per trade. ### Plot 1. Added Labels to check the data of entry / exit positions. 2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Pine Script™ strategy
by DuDu95
1
Elder Ray (Bull Power) TP and SL Developed by Dr Alexander Elder, the Elder-ray indicator measures buying and selling pressure in the market. The Elder-ray is often used as part of the Triple Screen trading system but may also be used on its own. Dr Elder uses a 13-day exponential moving average (EMA) to indicate the market consensus of value. Bull Power measures the ability of buyers to drive prices above the consensus of value. Bear Power reflects the ability of sellers to drive prices below the average consensus of value. Bull Power is calculated by subtracting the 13-day EMA from the day's High. Bear power subtracts the 13-day EMA from the day's Low. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
8
Strategy Myth-Busting #10 - InsideBar+EMA - [MYN]This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 10th one we are automating is the " 75% Win Rate High Profit Inside Bar Trading Strategy - What If You ... " strategy from " Trade Pro " who claims to have backtested this manually and achieved 11,063% profit with a 75% winrate over 100 trades. I was unable to emulate these results consistently accommodating for slippage and commission but even so, the results look promising. I was only able to achieve this win-rate with some multiple take profit staggering. Even so the markdown is above where I would normally consider comfortable (>20%). If you know of or have a strategy you want to see myth-busted or just have an idea for one, please feel free to message me. This strategy uses a combination of 2 open-source public indicators: Inside Bar Ind/Alert by CMA EMA (built-in) Trading Rules 4 hour candles Stop Loss at EMA Line with TP Target 1.5x the risk Long Entry when these conditions are true inside bar and bullish Bar close's above 50 ema Price action rises above high of inside bar . Short Entry when these conditions are true inside bar and bearish Bar close below 50 ema Price action falls below low of inside bar
Pine Script™ strategy
by myncrypto
1
[XRP][1h] Chanu Delta inspired — Breakeven StrategyHello, this is my first TV contribution. I usually don't publish anything but the script is a quick review of an other contributor (Chanu Delta V3 script ) I reverse engineered this indicator today as I wanted to test it on other contracts. The original version (which aims to be traded on BTC) has been ported to XRP (as btc and xrp prices are narrowly correlated) then modified with a couple of what I believe are improvements: - No backtest bias even with `security` function. - Extra backtest bias validation, always trading on next bar as Crossover/under bias is confirmed - Backtest with 2 ajustable TP, ajustable equity and breakeven option - The current version is not design to use pyramiding as it would require extra logic to monitor the lifecycle of the position in the context of a study. - Commented alerts examples with variables available in script scope so you can use them in alerts (just replace strategy with indicator and remove backtest related code block). - Trade filling assumption set to 10, fees to 0.02 as the are default bybit maker fees and I advice to enter with trailing orders using a max of 2 ticks as offset to lower fees rather than a market order! - Backtest and Alerts happen on barclose. - No repaint guaranteed. There are a thousand ways to improve it (adx/bb based dynamic TP/SL, order lifecycle, pyramiding...) but it seems to be a cool starting point. Don't forget to have fun!
Pine Script™ strategy
by pggo88
[fpemehd] SSL Baseline StrategyHello Guys! Nice to meet you all! This is my third script! This Logic is trend following logic, This detects long & short trends based on SSL Hybrid Baseline. This fits to the longer time frame like 4hr and 1d. ### Long Condition 1. close > SSL Hybrid baseline upper k - Baseline is the ma of close price. (You can choose ma type and length) - Upper k is the upper Keltner Channel. ### Short Condition 1. close < SSL Hybrid baseline lower k - Baseline is the ma of close price. (You can choose ma type and length) - Lower k is the lower Keltner Channel. ### Etc 1. Added Stoploss based on highest high or lowest low with lookback. 2. Strategy Template is based on @kevinmck100 template. Thank you!
Pine Script™ strategy
by DuDu95
4
Ichimoku Breakout Kumo SWING TRADER (By Insert Cheese)A simple strategy for long spot or long futures (swing traders) based on a basic method of Ichimoku Kinko Hyo strategies. The strategy is simple: - Buy when the price breaks the cloud - Close the trade when the price closes again inside the cloud. The parameters that work best on this strategy are 10,30,60,30 and 1 for Senkou-Span A but you can try classic Ichimoku parameters (9,26,52,26,26) or whatever you want like (7,22,44,22,22), (10,30,60,30,30) and others. -1D chart I have removed everything from the interface except the cloud to make it visually more aesthetic :D (but if you want to see all the ichimoku indicator you can put in again into the chart) I have also added several functions for you to do your own backtesting: - Date range - TP AND SL method - Includes long or short trades The strategy starts with 500 $ and use 100% for trade to make the power of the compounding :P Remember that this is for only educational porpouse and you must to do your own research and backtested on your usually market.. I hope you like it enjoy and support this indicator :) Donate (BEP20) 0xC118f1ffB3ac40875C13B3823C182eA2Af344c6d
Pine Script™ strategy
by InsertCheese
4
Crypto BTC Correlation Scalper Gaps StrategyThis strategy is based on the gaps theory. In this case we have the BTC futures from CME, which acts in a way similar to stocks, and we can have gaps present between close/open session, and also sometimes between same candle due to huge movements intra candle. At the same time I have combined this with a daily moving average, to help out a bit with the trend, since we are looking at small timeframe like 1-15/30min . On top of that we have a reverse option, where long = short and viceversa, which can be used with against BTC pairs . Rule are simple: For long, we have a long gap and the close of the correlated candle is above daily sma For short, we have a short gap and the close of the correlated candle is below daily sma For exit: For exit, we take the highest highest values for short entry TP, meaning we get the different from the HH and rest the current open candle distance, and use that distance as a TP. At the same time for long entry, we take the lowest low value and rest current close of the candle to that value, and we get the TP. Can also be applied this logic for SL aswell but from the test I have found out that exiting based on a reverse condition(when tp is not being hit), gives better results/dd overall. If you have any questions, please let me know !
Pine Script™ strategy
by exlux
5
LarryWillians - Simple StrategyA simple and classic strategy on market, created by LarryWillians using a EMA9. The brute model use a Cross from closing price on EMA9. But occurs many false entries. In other to correct this kind of thing, I add a SMA21 to confirm the trend and decrease numbers of false trades. The strategy waits to break the last High (for buy) a position. As a strategy requires a Risk Mannager, I created a simple way to trailing this, as well a Take Proft and Stop Loss in %. Is not the best strategy but, is one of the most famous on financial markets. I did my adaptive version as simples as it is :)
Pine Script™ strategy
by lhcbenac
Strategy Myth-Busting #8 - TrendSurfers+TrendOsc - [MYN]This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 8th one is an automated version of the " 653% Gain Magical 1 Minute Scalping Strategy Tested 100 Times | Become Consistently Huge Profit " strategy from " Fxaccurate US " who claims to have achieved 653% profit scalping GOLD on the 5 minute timeframe. As you can see from the backtest results below, I was unable to substantiate anything close to that that claim on any timeframe or symbol. Myth 10000% busted. If you know of or have a strategy you want to see myth-busted or just have an idea for one, please feel free to message me. This strategy uses a combination of 2 open-source public indicators: Trend Surfers - Premium Breakout + Alerts by TrendSurfersSignals Mawreez' Trend Oscillator Indicator by Mawreez Trading Rules: 1 min - 15 min candles Stop loss middle between high and low Risk 1:2 Long Condition Trend Surfers Trailing stop line goes below (Crosses) lowest low Bullish Candle (red) Mawreeze Trend Oscilator Indicator is green Short Condition Trend Surfers Trailing stop line goes above (Crosses) highest high Bearish Candle (red) Mawreeze Trend Oscilator Indicator is red
Pine Script™ strategy
by myncrypto
1