INVITE-ONLY SCRIPT
Stochastic Pop and Drop Signals [Bitduke]
Telah dikemas kini
It's a long/short signals for modified Stochastic Pop and Drop strategy.
About
It's the strategy of 2 indicators: Stochastic Oscillator to define the bias and Average Directional Index to confirm it.
Signals
Strategy flips long / short depending of indicator signals. There can be multiple signals of the same type, for example, 2 longs in a row, only the first of them matters, others you should handle in your websocket script or manually.
Testing
Tested on different sources for data, oscillator periods and different levels in relation to the crypto market.
So, it shows good results with two tight thresholds at 55 and 45 level.
The bar chart below the defining the bullish and bearish periods (green and red) and gives a signal to enter the trade (purple bars).
Backtesting
Backtested on XBTUSD , BTCPERP ( FTX ) pairs. You may notice it shows good results on 3h timeframe.
Relatively low drawdown
~ 10% (from 2019 to date) FTX
~ 22% (4 years from 2016) Bitmex
Bitmex 3h (2017 - 2020) :
i.imgur.com/IUjS3hj.png
FTX 3h (2019 - 2020):
i.imgur.com/fjujt1h.png
Possible Improvements
- Regarding trading algorithm it would be good to check with strategy with ADX somehow. Maybe for the better entries
- As for Risk Management system, it can be improved by adding trailing stop to the strategy.
Link: school.stockcharts.com/doku.php?...
About
It's the strategy of 2 indicators: Stochastic Oscillator to define the bias and Average Directional Index to confirm it.
Signals
Strategy flips long / short depending of indicator signals. There can be multiple signals of the same type, for example, 2 longs in a row, only the first of them matters, others you should handle in your websocket script or manually.
Testing
Tested on different sources for data, oscillator periods and different levels in relation to the crypto market.
So, it shows good results with two tight thresholds at 55 and 45 level.
The bar chart below the defining the bullish and bearish periods (green and red) and gives a signal to enter the trade (purple bars).
Backtesting
Backtested on XBTUSD , BTCPERP ( FTX ) pairs. You may notice it shows good results on 3h timeframe.
Relatively low drawdown
~ 10% (from 2019 to date) FTX
~ 22% (4 years from 2016) Bitmex
Bitmex 3h (2017 - 2020) :
i.imgur.com/IUjS3hj.png
FTX 3h (2019 - 2020):
i.imgur.com/fjujt1h.png
Possible Improvements
- Regarding trading algorithm it would be good to check with strategy with ADX somehow. Maybe for the better entries
- As for Risk Management system, it can be improved by adding trailing stop to the strategy.
Link: school.stockcharts.com/doku.php?...
Nota Keluaran
Preventing duplicate signals. Now you will get a signal just once.Nota Keluaran
Small fixes.Skrip jemputan sahaja
Akses ke skrip ini adalah terhad kepada pengguna yang diberikan akses oleh penulis dan kebiasaannya memerlukan pembayaran. Anda boleh menambahkannya kepada senarai kegemaran anda, tetapi anda hanya dapat menggunakannya setelah meminta izin dan mendapatkannya dari penulis. Sila hubungi Bitduke untuk lebih maklumat atau rujuk arahan penulis seperti di bawah.
TradingView tidak mencadangkan anda membayar untuk skrip dan menggunakannya kecuali anda mempercayai penulisnya 100% dan memahami bagaimana skrip itu berfungsi. Juga, anda boleh mencari alternatif sumber terbuka yang bagus secara percuma dalam Skrip Komuniti kami.
Arahan penulis
″
Ingin menggunakan skrip ini pada carta?
Amaran: sila baca sebelum memohon akses.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.