indicator:BITMEXMAC BUY1&BUY4

28 Jun 2019

This indicator shows the entry signal and timing of profit determination under specific conditions.
This indicator shows high performance in 3 hours of XBTUSD of BITMEX.

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* longCondition 1
// Zero Lag MACD
crossover (ZeroLagMACD, signal)
(Display Alert signal when Zero Lag MACD makes a golden cross.)

* CloseCondition1
crossunder (ZeroLagMACD, signal)

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* longCondition 2
// SAR
longentry4 = From SARdown to SARUP and uptrend of moving average line
(A signal is issued when the parabolic SAR shows an uptrend.)

* CloseCondition 2
closelong4 = From SARUP to SARdown

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In general, if only MACD and signal cross timing or SAR signal conversion is used as the entry timing, our account balance will be increasingly reduced.

So I added some filters to longCondition1 and longCondition2.
Of course this logic is no repaint.
It does not employ multi-time frames.

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Entry filter

* Filter 1
When fighting against resistance lines with closing or high prices.

* Filter 2
MACD Divergence

* Filter 3
When market volatility is low.