TSI w SuperTrend decision - Strategy [presentTrading]This strategy aims to improve upon the performance of Traidngview's newly published "Trend Strength Index" indicator by incorporating the SuperTrend for better trade execution and risk management. Enjoy :)
█ Introduction and How it is Different
The "TSI with SuperTrend Decision - Strategy" combines the Trend Strength Index (TSI) with SuperTrend indicators to determine entry and exit points. Unlike traditional strategies that rely solely on one indicator, this method leverages the strengths of both TSI and SuperTrend to provide a more nuanced and adaptive trading strategy.
This dual approach allows for capturing trends more effectively, especially in volatile markets.
BTCUSD 8h LS Performance
█ Strategy, How it Works: Detailed Explanation
🔶 Trend Strength Index (TSI)
The TSI is a momentum oscillator that shows both the direction and strength of a trend. It is calculated by comparing the price movement with the bar index over a specified period. The formula for TSI is as follows:
```
TSI = (PC / |PC|)
where:
PC = Change in price over the period
```
In this strategy, TSI is calculated using the closing prices and a default period of 64 bars. The TSI values help identify overbought and oversold conditions, providing signals for potential market reversals.
🔶 SuperTrend Indicator
The SuperTrend is a trend-following indicator based on the average true range (ATR). It helps in identifying the direction of the market trend. The SuperTrend calculation involves:
```
SuperTrend = HLC3 ± (Factor * ATR)
where:
HLC3 = (High + Low + Close) / 3
Factor = User-defined multiplier
ATR = Average True Range over a period
```
The SuperTrend settings in this strategy include a length of 10 bars and a factor of 3.0.
Last Bull Cycle of BTC
🔶 Entry and Exit Conditions
The strategy uses the TSI and SuperTrend together to determine entry and exit points:
- Long Entry: When the SuperTrend indicates a downward trend (st.d < 0) and the TSI is above the oversold level (-0.241).
- Long Exit: When the SuperTrend indicates an upward trend (st.d > 0) and the TSI is below the overbought level (0.241).
- Short Entry: When the SuperTrend indicates an upward trend (st.d > 0) and the TSI is below the overbought level (0.241).
- Short Exit: When the SuperTrend indicates a downward trend (st.d < 0) and the TSI is above the oversold level (-0.241).
█ Trade Direction
The strategy allows users to select the trade direction through the `tradeDirection` input. The options are:
- Both: Enables both long and short trades.
- Long: Enables only long trades.
- Short: Enables only short trades.
█ Default Settings
- TSI Length: 64
- SuperTrend Length: 10
- SuperTrend Factor: 3.0
- Trade Direction: Both
- Take Profit (%): 30.0
- Stop Loss (%): 20.0
Impact of Default Settings
- TSI Length: A longer TSI period smooths out noise but may lag in identifying trends. A shorter period is more responsive but can generate false signals.
- SuperTrend Length: A shorter length provides quicker signals but can be prone to whipsaws. A longer length is more reliable but may delay entries and exits.
- SuperTrend Factor: A higher factor increases the distance of the SuperTrend from the price, reducing sensitivity to minor price fluctuations.
- Trade Direction: Allows flexibility in trading strategies by enabling both long and short trades based on market conditions.
- Take Profit and Stop Loss: These settings manage risk by automatically closing trades at predefined profit or loss levels. Higher percentages provide larger potential gains but also higher risk.
Tradingstrategy
Heikin Ashi ROC Percentile Strategy**User Guide for the "Heikin Ashi ROC Percentile Strategy"**
This strategy, "Heikin Ashi ROC Percentile Strategy", is designed to provide an easy-to-use framework for trading based on the Heikin Ashi Rate of Change (ROC) and its percentiles.
Here's how you can use it:
1. **Setting the Start Date**: You can set the start date for the strategy in the user inputs at the top of the script. The variable `startDate` defines the point from which the script begins executing trades. Simply input the desired date in the format "YYYY MM DD". For example, to start the strategy from March 3, 2023, you would enter `startDate = timestamp("2023 03 03")`.
2. **Adjusting the Midline, Lookback Period, and Stop Loss Level**: The `zerohLine`, `rocLength`, and `stopLossLevel` inputs allow you to adjust the baseline for ROC, the lookback period for the SMA and ROC, and the level at which the strategy stops the loss, respectively. By tweaking these parameters, you can fine-tune the strategy to better suit your trading style or the particular characteristics of the asset you are trading.
3. **Understanding the Trade Conditions**: The script defines conditions for entering and exiting long and short positions based on crossovers and crossunders of the ROC and the upper and lower "kill lines". These lines are defined as certain percentiles of the ROC's highest and lowest values over a specified lookback period. When the ROC crosses above the lower kill line, the script enters a long position; when it crosses below the upper kill line, it exits the position. Similarly, when the ROC crosses below the upper kill line, the script enters a short position; when it crosses above the lower kill line, it exits the position.
In my testing, this strategy performed best on a day and hour basis. However, I encourage you to experiment with different timeframes and settings to see how the strategy performs under various conditions. Remember, there's no one-size-fits-all approach to trading; what works best will depend on your specific circumstances, goals, and risk tolerance.
If you find other useful applications for this strategy, please let me know in the comments. Your feedback is invaluable in helping to refine and improve this tool. Happy trading!
DCA-Integrated Trend Continuation StrategyIntroducing the DCA-Integrated Trend Continuation Strategy 💼💰
The DCA-Integrated Trend Continuation Strategy represents a robust trading methodology that harnesses the potential of trend continuation opportunities while seamlessly incorporating the principles of Dollar Cost Averaging (DCA) as a risk management and backup mechanism. This strategy harmoniously blends these two concepts to potentially amplify profitability and optimize risk control across diverse market conditions.
This strategy is well-suited for both trending and ranging markets. During trending markets, it aims to capture and ride the momentum of the trend while optimizing entry points. In ranging markets or pullbacks, the DCA feature comes into play, allowing users to accumulate more assets at potentially lower prices and potentially increase profits when the market resumes its upward trend. This cohesive approach not only enhances the overall effectiveness of the strategy but also fosters a more resilient and adaptable trading approach in ever-changing market dynamics.
💎 How it Works:
▶️ The strategy incorporates a customizable entry signal based on candlestick patterns, enabling the identification of potential trend continuation opportunities. By focusing on consecutive bullish candles, it detects the presence of bullish momentum, indicating an optimal time to enter a long position.
To refine the precision of the signals, traders can set a specific percentage threshold for the closing price of the candle, ensuring it is above a certain percentage of its body. This condition verifies strong bullish momentum and confirms significant upward movement within the candle, thereby increasing the reliability of the signal.
In addition, the strategy offers further confirmation by examining the relationship between the closing price of the signal candle and its previous candles. If the closing price of the signal candle is higher than its preceding candles, it provides an additional layer of assurance before entering a position. This approach is particularly effective in detecting sharp movements and capturing significant price shifts, as it focuses on identifying instances where the closing price shows clear strength and outperforms the previous candle's price action. By prioritizing such occurrences, the strategy aims to capture robust trends and capitalize on notable market movements.
▶️ During market downturns, the strategy incorporates intelligent management of price drops, offering flexibility through fixed or customizable price drop percentages. This unique feature allows for additional entries at specified drop percentages, enabling traders to accumulate positions at more favorable prices.
By strategically adjusting the custom price drop percentages, you can optimize your entry points to potentially maximize profitability. Utilizing lower percentages for initial entries takes advantage of price fluctuations, potentially yielding higher returns. On the other hand, employing higher percentages for final entries adopts a more cautious approach during significant market downturns, emphasizing enhanced risk management. This adaptive approach ensures that the strategy effectively navigates challenging market conditions while seeking to optimize overall performance.
▶️ To enhance performance and mitigate risks, the strategy integrates average purchase price management. This feature dynamically adjusts the average buy price percentage decrease after each price drop, expediting the achievement of the target point even in challenging market conditions. By reducing recovery times and ensuring investment safety, this strategy optimizes outcomes for traders.
▶️ Risk management is at the core of this strategy, prioritizing the protection of capital. It incorporates an account balance validation mechanism that conducts automatic checks prior to each entry, ensuring alignment with available funds. This essential feature provides real-time insights into the affordability of price drops and the number of entries, enabling traders to make informed decisions and maintain optimal risk control.
▶️ Furthermore, the strategy offers take profit options, allowing traders to secure gains by setting fixed percentage profits from the average buy price or using a trailing target. Stop loss protection is also available, enabling traders to set a fixed percentage from the average purchase price to limit potential losses and preserve capital.
▶️ This strategy is fully compatible with third-party trading bots, allowing for easy connectivity to popular trading platforms. By leveraging the TradingView webhook functionality, you can effortlessly link the strategy to your preferred bot and receive accurate signals for position entry and exit. The strategy provides all the necessary alert message fields, ensuring a smooth and user-friendly trading experience. With this integration, you can automate the execution of trades, saving time and effort while enjoying the benefits of this powerful strategy.
🚀 How to Use:
To effectively utilize the DCA-Integrated Trend Continuation Strategy, follow these steps:
1. Choose your preferred DCA Mode - whether by quantity or by value - to determine how you want to size your positions.
2. Customize the entry conditions of the strategy to align with your trading preferences. Specify the number of consecutive bullish candles, set a desired percentage threshold for the close of the signal candle relative to its body, and determine the number of previous candles to compare with.
3. Adjust the pyramiding parameter to suit your risk tolerance and desired returns. Whether you prefer a more conservative approach with fewer pyramids or a more aggressive stance with multiple pyramids, this strategy offers flexibility.
4. Personalize the price drop percentages based on your risk appetite and trading strategy. Choose between fixed or custom percentages to optimize your entries in different market scenarios.
5. Configure the average purchase price management settings to control the percentage decrease in the average buy price after each price drop, ensuring it aligns with your risk tolerance and strategy.
6. Utilize the account balance validation feature to ensure the strategy's actions align with your available funds, enhancing risk management and preventing overexposure.
7. Set take profit options to secure your gains and implement stop loss protection to limit potential losses, providing an additional layer of risk management.
8. Use the date and time filtering feature to define the duration during which the strategy operates, allowing for specific backtesting periods or integration with a trading bot.
9. For automated trading, take advantage of the compatibility with third-party trading bots to seamlessly integrate the strategy with popular trading platforms.
By following these steps, traders can harness the power of the DCA-Integrated Trend Continuation Strategy to potentially maximize profitability and optimize their trading outcomes in both trending and ranging markets.
⚙️ User Settings:
To ensure the backtest result is representative of real-world trading conditions, particularly in the highly volatile Crypto market, the default strategy parameters have been carefully selected to produce realistic results with a conservative approach. However, you have the flexibility to customize these settings based on your risk tolerance and strategy preferences, whether you're focusing on short-term or long-term trading, allowing you to potentially achieve higher profits. The backtesting was conducted using the BTCUSDT pair in 15-minute timeframe on the Binance exchange. Users can configure the following options:
General Settings:
- Initial Capital (Default: $10,000)
- Currency (Default: USDT)
- Commission (Default: 0.1%)
- Slippage (Default: 5 ticks)
Order Size Management:
- DCA Mode (Default: Quantity)
- Order Size in Quantity (Default: 0.01)
- Order Size in Value (Default: $300)
Strategy's Entry Conditions:
- Number of Consecutive Bullish Candles (Default: 3)
- Close Over Candle Body % (Default: 50% - Disabled)
- Close Over Previous Candles Lookback (Default: 14 - Disabled)
- Pyramiding Number (Default: 30)
Price Drop Management:
- Enable Price Drop Calculations (Default: Enabled)
- Enable Current Balance Check (Default: Enabled)
- Price Drop Percentage Type (Default: Custom)
- Average Price Move Down Percentage % (Default: 50%)
- Fixed Price Drop Percentage % (Default: 0.5%)
- Custom Price Drop Percentage % (Defaults: 0.5, 0.5, 0.5, 1, 3, 5, 5, 10, 10, 10)
TP/SL:
- Take Profit % (Default: 3%)
- Stop Loss % (Default: 100%)
- Enable Trailing Target (Default: Enabled)
- Trailing Offset % (Default: 0.1%)
Backtest Table (Default: Enabled)
Date & Time:
- Date Range Filtering (Default: Disabled)
- Start Time
- End Time
Alert Message:
- Alert Message for Enter Long
- Alert Message for Exit Long
By providing these customizable settings, the strategy allows you to tailor it to your specific needs, enhancing the adaptability and effectiveness of your trading approach.
🔐 Source Code Protection:
The source code of the DCA-Integrated Trend Continuation Strategy is designed to be robust, reliable, and highly efficient. Its original and innovative implementation merits protecting the source code and limiting access, ensuring the exclusivity of this strategy. By safeguarding the code, the integrity and uniqueness of the strategy are preserved, giving users a competitive edge in their trading activities.
Crypto Tipster v2---------------------
Crypto Tipster v2
Hello again! We're back with a drastically improved Crypto Tipster v2 Indicator using over a dozen all new algorithms based around Technical Analysis, Price Action, Momentum Swings and Reversal Detection.
We've taken our time with version 2 of Crypto Tipster, putting all our best practices to work and ensuring it performs superbly across numerous crypto markets and timeframes - we have focused our efforts towards the larger timeframes, 12H, 1D, 2D for example as we believe these to be the most consistent and predictable, and therefore the most profitable.
Trading on longer timeframes also reduces the overal cost of trading fee's as you'll be placing fewer trades over any given time period, whilst catching bigger swings and therefore earning a higher percentage per winning trade. Due to these bigger price swings you can de-leverage your trades too, making them inherintly safer and more controlled.
The final benefit to placing trades on longer timeframes is that you will not be tied down to your PC or laptop for hours on end waiting for a perfect entry or exit point, which increases the odds of placing bad/panic trades or even placing trades due to boredom! If you trade with Crypto Tipster v2 on a 1D timeframe, you will only ever have work to do once per day, at bar close; this is when trades are placed or exited, or stop losses/take profits are updated to new levels - easy!
Crypto Tipster v2 can help consistently catch tops and bottoms of trending markets whilst avoiding placing trades through choppy or ranging areas, this helps to not only maximise profits (what we're all after!) but also to minimise losses (equally important). We've tirelessly tested Crypto Tipster using literally thousands of variables across dozens of built-in algorithms over hundreds of trading pairs - lots of data to process!
The outcome is rather stunning and well worth checking out - we're rather proud of what we've achieved here, and we're pretty sure you're going to love it too!
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What's Included
- Chart Settings
The first section you'll come across, Chart Settings.
Here you'll find a few options regarding how your chosen market chart will look within TradingView and how Crypto Tipster will interact with this chart.
One of the most important Tick boxes is first on the list - "Show Backtest Results". This will change Crypto Tipster from displaying simple but easy-to-follow "Buy/Sell" labels into Strategy mode in which you can set up more complicated Stop Loss / Take profit settings as well as setting up Alerts for auto trading and other more complex functions (see How It Works for more info!
We've also included a "Trend Strength Bar Color" tick box which changes the color of the chart bars based on how strong Crypto Tipster is perceiving the current trend and in which direction.
- Trend Settings
"Trading Frequency" represents how often Crypto Tipster will be looking for a new trend / change in trend direction, and therefore how often it will be placing trades. By default this is set to "Normal" but can be changed to "Rapid" using the drop down menu.
"Entry Trend Strength" also determines how frequently trades are placed by selecting the strength of trend required before a trade is placed. The scale ranges from "1-5", with 1 being a low trend strength required, 5 being a very strong trend strength required.
Within the Trend Settings section you'll also find an "Avg Trend Strength over Bars" option. This allows you to average (mean) the current trend strength over a pre-determined amount (1-5) of previous chart bars - thus providing a potentially more consistent signal.
- Trade Settings
Trade Settings help Crypto Tipster determine what type of trades you're looking to place.
The overall "Trade Direction" will decide to either target only Long trades, only Short trades, or Both (default).
"Consecutive Trades in Same Direction" allows for pyramiding - whereby you can specify to allow for multiple trades of the same direction. Set to "1" as default allows for no extra pyramiding, max setting of "10".
- Trade Protection
Currently consisting of two functions, our Trade Protection section can help to achieve both the removal of false signals (whipsaws), and the extension of good trades without confusion during minor retracements.
"Chop Removal" can help to remove some whipsaw trades during ranging market conditions, therefore improving overal profitability by only targeting stronger trends. You have an option to choose from either "Weak" or "Strong" Chop Removal.
"Protection Filter" uses current trading criteria as defined by you, and uses it to check against a higher time frame than you're currently viewing. This can help to eliminate some bad trades at the expense of a potential lag on good trades.
- Stop Loss / Take Profit
Stop Losses should be a crucial aspect of everyone's trading system. They help prevent any trade from going too far in the wrong direction and limit losses.
Our "Stop Loss (%)" is quick and easy to set up, simply set the percentage offset from the entry price of trades and a fixed Stop Loss will be in place on all trades.
"Take Profit (%)" works in the same way as the Stop Loss mentioned above - simply set the percentage you'd like to exit a profitable trade at.
The "Trailing Stop (%)" is a little more complicated in that it will follow the trend of the trade a certain percentage away from the current market price - this is great for keeping yourself in a trade for as long as the trade is moving in the right direction.
- Extra Tools & Indicators
This is the section of Crypto Tipster that enables you to add some chart visuals to assist you with your preferred trading style.
"Potential Pivot Points" are not the same as actual pivot points - Potential pivot points will paint on the chart at bar close, giving you an immediate alert to potential tops/bottoms of market trends. You can choose to display only the strongest potential points, or include some of the weaker signals too.
"Actual Pivot Points" are inherintly more accurate than Potential pivot points, but do not paint on the chart until after a pre-determined amount of time has passed. These are great for placing stop losses/take profits or watching the market for breakouts or reversals.
"Support/Resistance Levels" plots up to 6 support and resistance horizontal lines based on recent price tops/bottoms. Use these to determine areas where price could rebound or break-through.
"Bollinger Band Breakout" - Bollinger bands are a tried and tested technical analysis tool, similar to pivot points and support/resistance lines, thee are another great tool to determine where price may retrace, consolidate or breakout.
- Ichimoku Cloud
Somewhat confusing and intimidating when you first come across this technical analysis indicator, the "Ichimoku Cloud" is one of our favorites. Assisting with the detection of Dynamic Support and Resistance levels, Momentum and Trend Direction all in one super indicator.
Although certain aspects of the Ichimoku Cloud are already present within Crypto Tipster v2 algorithms in order to offer you the best possible signals, we've also included a user-definable section of it's own so you can manually set up and use the cloud for your own trading needs, all cloud signals (and there are many) are available to set up as Alerts for your own needs or an Auto-Trading Bot.
- Custom Alerts for Any Signal
We've endeavoured to ensure that all signals, not just the Buy/Sell signals, are ready and available to create Alerts with; giving you the most opportunity to create a fully custom trading engine that suits your exact trading requirements.
This means you can set Alerts for any and all signals you can see on the chart when using Crypto Tipster v2, this includes Buy/Sell Signals, Trend Strength Signals, Choppy Market Signals, Stop Loss/Take Profit Signals, Pivot Points, S/R levels crossed above & below, Bollinger Band Breakout and several Ichimoku Cloud Signals.. the list goes on!
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We've tried to make Crypto Tipster as comprehensive and easy to understand as possible, we are however always in search of progression; we do really love to hear your feedback :)
For more information and a free 8-day trial please visit the link in our signature
Happy Trading Guys
ELLIPSE: Bidirectional Swing Trading Strategy (Strategy Version)The eternal question that has occupied humanity since its early existence is what is the meaning of life and why am I here? On a daily basis this quest for meaning is distilled into a somewhat simpler question: What is the reason for getting up every morning?
For many of us, these thoughts arise even more as autumn arrives and it gets dark, bleak and cold outside. I guess it is easier to forget about the meaning of your life, while swimming on a sandy beach, enjoying a cocktail. Than you are living you life and you don’t need to rationalize it. Everything makes perfect sense!
In winter however, you need to get more “creative”. I, for example, would always try to change my perspective of things by doing something that makes my heart beat faster, like drinking a bottle of Heineken on a Friday evening or having endless conversations with my mates about stupid things, or kicking a ball against BALLONTHEROOF 7 on a Saturday morning. During the week, I would take out my frustrations on the fitness equipment at the local gym.
But what if all of this is canceled by CORONA? All that’s left is to work for the boss and run your 10km lap twice a week. The question is, what do you do now, with this huge amount of ”free” time than any old person would give anything for. When you are young time is never ending, when you are older it is never enough. Time has reached a different dimension in these days.
However, you can still do 2 things. You can slowly let the walls come to you and give up or you can actually do something useful with your time and find something that you are good at.
For us this choice was easy. After the success of our positioning trading strategy the MATRIX, at the time of the corona lockdown, we started making a swing trading strategy for the 4H timeframe, called ELLIPSE. We have included all feedback and any improvements we received about the positioning strategy and integrated it into the 4H script.
The main requirements of the script that we had set ourselves were:
Bidirectional
Low max drawdown
High profit factor
Works on all main crypto coins
By fully focusing ourselves on the script over the past few months, I can’t help but (unhumbly) say that we have not only succeeded in our mission, but that we have absolutely surpassed ourselves!
The only bright spot in this heavy corona time is, if a drug becomes available, there is extra money in the bank!
***The script is invite-only, message us to get script access***
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User Guidelines:
The trading strategy was designed and optimized for trading cryptocurrencies only; furthermore it works best on established cryptocurrencies that have a clear historical trend such as:
BTCUSD
ETHUSD
LTCUSD
XRPUSD
ADAUSD
The trading strategy is based on swing trading methodology. The script must therefore be used on 4h candles only .
Use USD trading pairs only (e.g. use ETHUSD instead of the ETHBTC) since the individual trend is captured more effectively and therefore gives better results.
The trading strategy is bidirectional , both long and short entries are generated.
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Indicators used in this strategy:
Ichimoku Cloud ; acts as the leading indicator.
Volume ; without strong volume , a market move is not valid.
MACD and Vortex ; both being used as confirmation indicators.
Choppiness index ; avoids trading in choppy markets.
Simple and Exponential Moving Averages ; prevents trading against the trend.
The trading strategy is easy to use, bidirectional, trend based and without repainting, meaning once a signal has been made it is permanent and that no future data is used in the decision making. It detects the trend and filters out market noise based on more than 10 technical indicators. ONLY when all indicators align with each other the algorithm prints a LONG or SHORT signal. The trading strategy provides high probability trading signals and minimizes risk! This script aims to capture the profit from short to medium trending moves and by doing so filters out non-substantial trends and avoids the associated risks with these trades.
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Features:
NO Repaint once candle is closed.
Stop loss feature ; set your own stop loss to manage your risks.
Customizable Display for the Ichimoku cloud indicator display.
Bidirectional ; both long and short trading positions can be enabled.
Full backtest feature ; Easily generate your own backtest results for each asset (Strategy Version Script).
Alerts ; Get notified via email / pop-up / sms / app once a signal is given! (Alert Version Script).
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Backtest results
Below are the back test results. Only well established cryptocurrencies are displayed with a clear historical trend:
Long and short trading positions,
Signal to signal trading (no multiple orders),
Initial Capital: 10 000 USD,
Order size: 10% of equity per trade,
commission fee 0.1%, period: start of chart,
Exchange-----Asset------Timeframe---Percent Profitable----Profit Factor---Total Trades----Max Drawdown----------Net Profit------
Bínance------BTCUSDT------4H-----------------54.4---------------5.32-----------------57----------------1.58%------------40.34%-(4034 USD)
Bínance------ETHUSD-------4H-----------------50.9---------------5.01---------------- 57----------------2.96%------------54.93%-(5493 USD)
Bínance------LTCUSD--------4H-----------------61.0---------------5.08-----------------59----------------2.09%------------57.06%-(5706 USD)
Bínance------XRPUSD-------4H-----------------43.13--------------3.52-----------------51----------------2.42%------------43.13%-(4313 USD)
Bínance------ADAUSD-------4H-----------------57.5---------------3.36-----------------47----------------3.46%------------40.82%-(4082 USD)
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Reminder: Use this trading strategy at your own risk and trade responsibly. We are not responsible for any financial loss using this strategy.
***The script is invite-only, message us to get script access***
DigitalTrendTrade | 0.3The Digital Trend Trade trading strategy is designed for trading both local and global trends, as well as for displaying floating and fixed support levels and identifying price extremes.
The strategy consists of several main elements:
Global Average - On the chart, GA is displayed as the average price line, showing the current local trend direction with its color, as well as edging the bars to the trend color. Generates a signal when the local trend changes.
Global Trend - The second element of the strategy indicator is Global Trend, which forms the key support and resistance levels, when breaking through which the global trend changes and the corresponding signal is formed.
Bill Williams Fractal Levels - And the third element is the Bill Williams Fractal Levels block, which primarily fixes local extremes that can be used for scalping, as well as for setting a take profit and stop loss for a trade.
Support and resistance levels are also formed from local extremes.
To get access to the indicator, contact us via private messages.
The MATRIX: Ultimate Crypto Position StrategyHi all,
We are cryptocurrency miners and 'hodlers’ since 2013, with unwavering confidence in the technology behind it. We’d always thought that it would be a life-changing êvent. And we were right. We went from “broke” to making shit loads of money and all the way back to bitter nothing. If you are lucky, you probably haven’t experienced what if feels to be high on cash and then fall very deep low, but let me reassure you, it is a nasty feeling.
Then we wondered, what the hell did we do wrong? Or better say, what didn’t we do right! The answer was dead simple: We had no experience in trading, we were overwhelmed by emotions and we didn't use any trading strategy. Hence, we were doomed to fail from the beginning.
In order to build an all-in-one profitable trading strategy, we had to start from zero. The one thing we learned is that your goal for financial gain cannot be achieved without discipline and consistency. Our prime focus was to absorb as much info as possible regarding trading and coding by doing an extensive self-study, which consequentially took us to the next level.
One of the secrets to being successful from a trading perspective is to have an indefatigable and undying thirst for information and knowledge. As Bruce Lee once said: “Learning is never cumulative; it is a movement of knowing which has no beginning nor end”. So, we adapted what was useful, rejected what was useless, and added our own preferences based on our mindset. We were totally committed to be the best. Our goal was never to lose money again! Of course, this is an illusion, as no single strategy is correct all of the time.
Therefore, the final trading strategy was based on the following key elements:
• The avoidance of risk is more important than absolute profit. Do not anticipate and do not move without market confirmation. Being a little late in your trade is your indication if you are right or wrong.
• Offering simplicity and practicality, for those that do not have the time to trade 24/7.
• Believe in analysis and not in forecasting. Trading is a skill for those who are smart and gambling for those who are not.
In conclusion, we are absolutely thrilled to finally release this trading strategy after one year of extensive back testing and optimization. The script was supposed to be for personal use only, but because Tradingview has helped us a lot in this process, we want to share it with all of you and give something back to this amazing community. If you learned something new today and found value, please give us a like to show your support! We’d really appreciate it.
***The script is invite-only, message us to get script access***
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The MATRIX: Ultimate Crypto Position Strategy should be used as follows:
• The trading strategy was designed and optimized for trading cryptocurrencies only ; furthermore it works best on established high market cap cryptocurrencies that have a clear trend such as:
BTCUSD
ETHUSD
LTCUSD
XRMUSD
EOSUSD
ADAUSD
DASHUSD
ETCUSD
• The trading strategy is based on swing/position methodology. The script must therefore be used on daily timeframe candles only (1D) .
• Use USD trading pairs only (e.g. use ETHUSD instead of the ETHBTC) since the individual trend is captured more effectively and therefore gives better results.
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The MATRIX:Ultimate Crypto Position Strategy is based on the following indicators:
• Ichimoku Cloud ; acts as the leading indicator.
• Volume ; without strong volume , a market move is not valid.
• MACD and Vortex ; both being used as confirmation indicators.
• Choppiness index ; avoids trading in choppy markets.
• Bullish/ Bearish Regular Divergences in combination with RSI to spot tops and bottoms.
• Simple and Exponential Moving Averages ; prêvents trading against the trend.
The trading strategy is easy to use, trend based and without repainting, meaning once a signal has been made it is permanent and that no future data is used in the decision making. It detects the trend and filters out market noise based on more than 10 technical indicators. ONLY when all indicators align with each other the algorithm prints a BUY or SELL signal. The trading strategy provides high probability trading signals and minimizes risk! This script aims to capture the profit from longer term trending moves and by doing so filters out non-substantial trends and avoids the associated risks with these trades.
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The MATRIX: Ultimate Crypto Position Strategy has the following features:
• Automatically generated Buy / Sell alerts in the form of a label.
• NO Repaint once candle is closed.
• SAFEGUARD ; custom built-in security prevẹnts trading when the price is out of equilibrium.
• Customizable Display for the Ichimoku cloud indicator display.
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Below are the backtest results. Keep in mind that this strategy is quite conservative resulting in few long positions. These results are therefore no guarantee for the future.
Back test results: (only Long trades, signal to signal, order size: 100% of equity, commision fee 0.1%, period: start of chart)
Exchange-----Asset---------Timeframe---Percent Profitable----Profit Factor-----Total Trades----Max Drawdown---Average bars in trade-----Net Profit
Coinbase-----BTC/USD---------1D----------------100----------------N/A------------------10---------------0.00---------------------54-------------------6183.6
Coinbase-----ETH/USD---------1D----------------100----------------N/A------------------7----------------0.00---------------------46-------------------11673.0
Coinbase-----LTC/USD---------1D-----------------100---------------N/A-------------------7----------------0.00---------------------46------------------4727.0
Bínance------EOS/USD---------1D-----------------100---------------N/A-------------------3----------------0.00---------------------34------------------42.8
Bínance------ADA/USD---------1D-----------------100---------------N/A-------------------2----------------0.00---------------------40------------------118.4
Coinbase-----XTZ/USD---------1D-----------------100---------------N/A-------------------1----------------0.00---------------------36------------------34.4
Bínance------BNB/USD---------1D-----------------66.7--------------10.8-------------------6---------------24.22--------------------38------------------1488.8
Bínance------ETC/USD---------1D-----------------100---------------N/A-------------------2----------------0.00---------------------33------------------94.9
Bínance------XMR/USD---------1D-----------------100---------------N/A-------------------3----------------0.00---------------------43------------------74.2
Bínance------ICX/USD----------1D-----------------100---------------N/A-------------------2----------------0.00---------------------29------------------215.3
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Reminder: Use this trading strategy at your own risk and trade responsibly. We are not responsible for any financial loss using this strategy.
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