OPEN-SOURCE SCRIPT
XRP 4H UTC Edge | metaduro.com
🔍 Strategy Overview
The XRP 16H Strong strategy is a time-based intraday trading system built specifically for XRP on the 4-hour chart. It focuses on the 16:00–20:00 UTC session, targeting short-term price moves during this high-activity window.
✅ Entry Condition
📅 Time = 16:00 UTC → A long position is opened at the start of the 16:00–20:00 UTC candle. This time period often captures late-day momentum and volatility.
❌ Exit Condition
📅 Time = 20:00 UTC → The position is closed at the start of the 20:00–00:00 UTC candle, realizing gains or cutting risk quickly.
📊 No Indicators Used
This strategy is purely based on time-of-day logic — no indicators like RSI, MACD, or moving averages are used. It aims to isolate specific market behavior tied to certain hours.
⚙️ Settings
• Timeframe: 4H (required for correct execution)
• Trade Type: Long only
• Position Size: 100% equity per trade (default setting, adjustable)
💡 Use Cases
• Ideal for testing statistically favorable trading hours
• Can be applied to other crypto assets or combined with filters (e.g., volume spikes, price action patterns)
• Simple foundation for more complex hybrid models (time + indicator-based)
📉 No Stop-Loss or Take-Profit Logic
This script does not use SL/TP. It's recommended to combine with external risk management or modify the code for tighter control.
The XRP 16H Strong strategy is a time-based intraday trading system built specifically for XRP on the 4-hour chart. It focuses on the 16:00–20:00 UTC session, targeting short-term price moves during this high-activity window.
✅ Entry Condition
📅 Time = 16:00 UTC → A long position is opened at the start of the 16:00–20:00 UTC candle. This time period often captures late-day momentum and volatility.
❌ Exit Condition
📅 Time = 20:00 UTC → The position is closed at the start of the 20:00–00:00 UTC candle, realizing gains or cutting risk quickly.
📊 No Indicators Used
This strategy is purely based on time-of-day logic — no indicators like RSI, MACD, or moving averages are used. It aims to isolate specific market behavior tied to certain hours.
⚙️ Settings
• Timeframe: 4H (required for correct execution)
• Trade Type: Long only
• Position Size: 100% equity per trade (default setting, adjustable)
💡 Use Cases
• Ideal for testing statistically favorable trading hours
• Can be applied to other crypto assets or combined with filters (e.g., volume spikes, price action patterns)
• Simple foundation for more complex hybrid models (time + indicator-based)
📉 No Stop-Loss or Take-Profit Logic
This script does not use SL/TP. It's recommended to combine with external risk management or modify the code for tighter control.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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.