CryptoM173's Gimme Money

26 Feb 2018

I like money, you like money. You'll have to do a considerable amount of configuration. As of right now, I'm using just the last two sets (confirming and Big Picture) on the input page and the last 4 color bars that correspond to those two sets on the style page.

26 Feb 2018

Nota Keluaran

I like money, you like money. You'll have to do some tweaking of the MA's to find a strat that best suits your needs. I do NOT make any warranties of this making you money. It is an indicator you're welcome to use to assist in your trading decisions. I made this script for renko charts and trading bitcoin because the standard strat wasn't working out. if you find you're getting a lot of consecutive colored bars or crosses on Renko, you may need to switch from ATR 14 to something like Traditional 50. You will need to adjust the "box value" for traditional renko to fit the asset you're working with, on the time frame you're trading on. Smaller values (i.e. on bitcoin I use a box value of 50 on 4hr and 1D with absurd success) but you need to make sure they're not too small, otherwise small moves may appear larger than they are, resulting in a bunch of break-even trades. If you're going to be trading cryptocurrency, it's easiest to switch back to ATR14 to get an idea of the Average Trading range to have a reference point to start from trading btc (i.e .000034 rather than 50).

It's a great tool if you're looking to carry both swap and futs positions and keep an eye on the short term swap opportunities while monitoring the status of your futs position and help decide whether or not to close a long at a correction or not and while this strategy has been most effective for me with Renko bars, it's been very useful for monitoring futs positions on traditional charts