This strategy uses the Ultimate Bollinger and Aroon indicator.
The logic behind the code is
* Enter long : Aroon up is below the 20 or lower line in settings. Aroon down is above 70 or above line in settings. When close crossover the lower Bollinger Band we take an entry SL is % TP is % of if Aroon up is below the 70 or lower line in settings. Aroon down is above 20 or above line in settings. When close crossover the upper Bollinger Band
* Short : Aroon down is below the 20 or lower line in settings. Aroon up is above 70 or above line in settings. When close crossunder the upper Bollinger Band we take an entry SL is % TP is % of if Aroon up is below the 20 or lower line in settings. Aroon down is above 70 or above line in settings. When close crossover the lower Bollinger Band
Settings I used to get the results below : ==================== ** Ultimate Bollinger Bands by @daviddtech ** ==================== Enable Repainting? = False Enable LONG entries? = True Enable SHORT entries? = True lengthBB = 20 Source = close StdDev = 2 Offset = 0 Aroon Length = 14 Aroon Enter upper band = 85 Aroon Enter lower band = 5 Aroon Exit upper band = 70 Aroon Exit lower band = 20 Restrict Entries to Date Range? = False From : = 1611100800000 To : = 1613779200000 Show Liquadation line (BETA) = False Leverage Amount = 25 Maintenance Margin Rate = 0.5 Type of Exit / Entry = Enter New Trade Only if NO running Trades Type of Take Profit = Custom Stoploss Type of Stoploss = Custom Stoploss Stop Loss % = 4 Take Profit % = 6 Highest High lookback = 50 Lowest Low Lookback = 60 Profitfactor Long (Risk to Reward) = 2 Profitfactor Short (Risk to Reward) = 0.5 Stoploss Factor: LONG = 4 SHORT = 4 Profit Factor: LONG = 2 SHORT = 2 ATR Length = 11 [Fibonacci] Length = 200 [Fibonacci] Source = hlc3 [Fibonacci] Multiplier = 3 [Fibonacci] Level = 764 Take Multi Profit X3 = False % to take at First TP = 33 % to take at Second TP = 33 % to take at Third TP = 100 Use Strategy Alerts? - Please read the tooltip = False Show S/R Levels = False Use MFI + RSI = False RSI Source = close RSI Length = 14 RSI Oversold = 30 RSI Overbought = 60 MFI Period = 60 MFI Area multiplier = 150 MFI Area Y Pos = 2.5 Use vWap = False vWap Source = close vWap2 Source = close Vwap Length = 3 EMA Breakout = False EMA Length = 100 Use MTF EMA cross = False MTF = 5 EMA Period = 5 MTF = 5 EMA Period = 30
WARNING: - For purpose educate only - My mission is to debunk fake strategies with code to find THE ONE. - Plots EMAs and other values on chart. - This script to change bars colors.
If you have any questions or feedback, please let me know in the comments.
Hello dear friend! First of all I want to tell you that you are a king! Your videos are amazing! I'm interested in your strategy !: ultimate scalper v2
How can I get it? Because it's locked right now ... do I have to pay for it? And if so then what is the price? Also I'm paying you my dear friend?
unkn0wnuke
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Hi david thanks for the strategy. I have a problem I would like to know how to fix. I used the following settings: - Type of Take Profit: HH/LL But at the moment the price close above the Upper Bollinger Band in Long trade, an alert generated to close the trade without any new symbol on the chart. On chart and in Strategy Tester it looks like it waiting to reach the TP set as HH/LL but under the surface it generated alert to close trade in the moment price closed above upper BB. I tried to look for an option related to Exit Type at the moment price close above upper BB but cant find anything related in the settings area.. I connected a bot to automate the trades and found out this problem at 1st trade, opened the long perfect but closed the trade before "HH/LL" TP reached.. Thanks!
viewonly
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Hi, I really like your strategy, could you share the code?
I'm interested in your strategy !:
ultimate scalper v2
How can I get it? Because it's locked right now ... do I have to pay for it? And if so then what is the price? Also I'm paying you my dear friend?