EMA SCALPING SUITE v1.0 [1M-5M]EMA SCALPING SUITE v1.0
A scalping indicator designed for quick entries on lower timeframes, combining EMA
stacks with volume confirmation and automatic risk management levels.
CORE FEATURES:
1. EMA Stack System:
- 50 EMA (Blue): Fastest trend
- 100 EMA (Yellow): Entry trigger line
- 150 EMA (Orange): Stop loss reference
- 200 EMA (Red): Base trend
2. Entry System:
- LONG: When price dips to 100 EMA during bullish fan
- SHORT: When price rises to 100 EMA during bearish fan
- Signals shown as triangles at entry points
3. Risk Management:
- Auto Stop Loss: 150 EMA (red line)
- Auto Take Profit: Based on RR ratio (green line)
- Entry Price Marker: Current close (blue line)
4. Volume Confirmation:
- High volume dots (>1.5x average)
- Filters out weak signals
- Adjustable sensitivity
HOW IT WORKS:
1. Wait for EMAs to fan out (trend alignment)
2. Look for price to touch 100 EMA
3. Check for volume confirmation
4. Enter when signal appears
5. Use auto-generated SL and TP levels
BEST TIMEFRAMES:
- Primary: 1 minute
- Secondary: 3-5 minutes
- Not recommended: >15 minutes
RECOMMENDED SETTINGS:
- Volume Filter: ON
- Volume Multiplier: 1.5
- Risk:Reward: 1.5
5min
Hourly Separator + Opening LineThis indicator shows the vertical and horizontal opening lines for the hourly timeframe.
Also has options to choose a different opening time:
- 1 Hour
- 30 Min
- 15 Min
- 10 Min
- 5 Min
BTC 5 min SHBHilalimSB A Wedding Gift 🌙
What is HilalimSB🌙?
First of all, as mentioned in the title, HilalimSB is a wedding gift.
HilalimSB - Revealing the Secrets of the Trend
HilalimSB is a powerful indicator designed to help investors analyze market trends and optimize trading strategies. Designed to uncover the secrets at the heart of the trend, HilalimSB stands out with its unique features and impressive algorithm.
Hilalim Algorithm and Fixed ATR Value:
HilalimSB is equipped with a special algorithm called "Hilalim" to detect market trends. This algorithm can delve into the depths of price movements to determine the direction of the trend and provide users with the ability to predict future price movements. Additionally, HilalimSB uses its own fixed Average True Range (ATR) value. ATR is an indicator that measures price movement volatility and is often used to determine the strength of a trend. The fixed ATR value of HilalimSB has been tested over long periods and its reliability has been proven. This allows users to interpret the signals provided by the indicator more reliably.
ATR Calculation Steps
1.True Range Calculation:
+ The True Range (TR) is the greatest of the following three values:
1. Current high minus current low
2. Current high minus previous close (absolute value)
3. Current low minus previous close (absolute value)
2.Average True Range (ATR) Calculation:
-The initial ATR value is calculated as the average of the TR values over a specified period
(typically 14 periods).
-For subsequent periods, the ATR is calculated using the following formula:
ATRt=(ATRt−1×(n−1)+TRt)/n
Where:
+ ATRt is the ATR for the current period,
+ ATRt−1 is the ATR for the previous period,
+ TRt is the True Range for the current period,
+ n is the number of periods.
Pine Script to Calculate ATR with User-Defined Length and Multiplier
Here is the Pine Script code for calculating the ATR with user-defined X length and Y multiplier:
//@version=5
indicator("Custom ATR", overlay=false)
// User-defined inputs
X = input.int(14, minval=1, title="ATR Period (X)")
Y = input.float(1.0, title="ATR Multiplier (Y)")
// True Range calculation
TR1 = high - low
TR2 = math.abs(high - close )
TR3 = math.abs(low - close )
TR = math.max(TR1, math.max(TR2, TR3))
// ATR calculation
ATR = ta.rma(TR, X)
// Apply multiplier
customATR = ATR * Y
// Plot the ATR value
plot(customATR, title="Custom ATR", color=color.blue, linewidth=2)
This code can be added as a new Pine Script indicator in TradingView, allowing users to calculate and display the ATR on the chart according to their specified parameters.
HilalimSB's Distinction from Other ATR Indicators
HilalimSB emerges with its unique Average True Range (ATR) value, presenting itself to users. Equipped with a proprietary ATR algorithm, this indicator is released in a non-editable form for users. After meticulous testing across various instruments with predetermined period and multiplier values, it is made available for use.
ATR is acknowledged as a critical calculation tool in the financial sector. The ATR calculation process of HilalimSB is conducted as a result of various research efforts and concrete data-based computations. Therefore, the HilalimSB indicator is published with its proprietary ATR values, unavailable for modification.
The ATR period and multiplier values provided by HilalimSB constitute the fundamental logic of a trading strategy. This unique feature aids investors in making informed decisions.
Visual Aesthetics and Clear Charts:
HilalimSB provides a user-friendly interface with clear and impressive graphics. Trend changes are highlighted with vibrant colors and are visually easy to understand. You can choose colors based on eye comfort, allowing you to personalize your trading screen for a more enjoyable experience. While offering a flexible approach tailored to users' needs, HilalimSB also promises an aesthetic and professional experience.
Strong Signals and Buy/Sell Indicators:
After completing test operations, HilalimSB produces data at various time intervals. However, we would like to emphasize to users that based on our studies, it provides the best signals in 1-hour chart data. HilalimSB produces strong signals to identify trend reversals. Buy or sell points are clearly indicated, allowing users to develop and implement trading strategies based on these signals.
For example, let's imagine you wanted to open a position on BTC on 2023.11.02. You are aware that you need to calculate which of the buying or selling transactions would be more profitable. You need support from various indicators to open a position. Based on the analysis and calculations it has made from the data it contains, HilalimSB would have detected that the graph is more suitable for a selling position, and by producing a sell signal at the most ideal selling point at 08:00 on 2023.11.02 (UTC+3 Istanbul), it would have informed you of the direction the graph would follow, allowing you to benefit positively from a 2.56% decline.
Technology and Innovation:
HilalimSB aims to enhance the trading experience using the latest technology. With its innovative approach, it enables users to discover market opportunities and support their decisions. Thus, investors can make more informed and successful trades. Real-Time Data Analysis: HilalimSB analyzes market data in real-time and identifies updated trends instantly. This allows users to make more informed trading decisions by staying informed of the latest market developments. Continuous Update and Improvement: HilalimSB is constantly updated and improved. New features are added and existing ones are enhanced based on user feedback and market changes. Thus, HilalimSB always aims to provide the latest technology and the best user experience.
Social Order and Intrinsic Motivation:
Negative trends such as widespread illegal gambling and uncontrolled risk-taking can have adverse financial effects on society. The primary goal of HilalimSB is to counteract these negative trends by guiding and encouraging users with data-driven analysis and calculable investment systems. This allows investors to trade more consciously and safely.
What is BTC 5 min ☆SHB Strategy🌙?
BTC 5 min ☆SHB Strategy is a strategy supported by the HilalimSB algorithm created by the creator of HilalimSB. It automatically opens trades based on the data it receives, maintaining trades with its uniquely defined take profit and stop loss levels, and automatically closes trades when necessary. It stands out in the TradingView world with its unique take profit and stop loss markings. BTC 5 min ☆SHB Strategy is close to users' initiatives and is a strategy suitable for 5-minute trades and scalp operations developed on BTC.
What does the BTC 5 min ☆SHB Strategy target?
The primary goal of BTC 5 min ☆SHB Strategy is to close trades made by traders in short timeframes as profitably as possible and to determine the most effective trading points in low time periods, considering the commission rates of various brokerage firms. BTC 5 min ☆SHB Strategy is one of the rare profitable strategies released in short timeframes, with its useful interface, in addition to existing strategies in the markets. After extensive backtesting over a long period and achieving above-average success, BTC 5 min ☆SHB Strategy was decided to be released. Following the completion of test procedures under market conditions, it was presented to users with the unique visual effects of ☆SB.
BTC 5 min ☆SHB Strategy and Heikin Ashi
BTC 5 min ☆SHB Strategy produces data in Heikin-Ashi chart types, but since Heikin-Ashi chart types have their own calculation method, BTC 5 min ☆SHB Strategy has been published in a way that cannot produce data in this chart type due to BTC 5 min ☆SHB Strategy's ideology of appealing to all types of users, and any confusion that may arise is prevented in this way. Heikin-Ashi chart types, especially in short time intervals, carry significant risks considering the unique calculation methods involved. Thus, the possibility of being misled by the coder and causing financial losses has been completely eliminated. After the necessary conditions determined by the creator of BTC 5 min ☆SHB are met, BTC 5 min ☆SHB Heikin-Ashi will be shared exclusively with invited users only, upon request, to users who request an invitation.
Key Features:
+HilalimSHB Algorithm: This algorithm uses a dynamic ATR-based trend-following mechanism to identify the current market trend. The strategy detects trend reversals and takes positions accordingly.
+Heikin Ashi Compatibility: The strategy is optimized to work only with standard candlestick charts and automatically deactivates when Heikin Ashi charts are in use, preventing false signals.
+Advanced Chart Enhancements: The strategy offers clear graphical markers for buy/sell signals. Candlesticks are automatically colored based on trend direction, making market trends easier to follow.
Strategy Parameters:
+Take Profit (%): Defines the target price level for closing a position and automates profit-taking. The fixed value is set at 2%.
+Stop Loss (%): Specifies the stop-loss level to limit losses. The fixed value is set at 3%.
The shared image is a 5-minute chart of BTCUSDC.P with a fixed take profit value of 2% and a fixed stop loss value of 3%. The trades are opened with a commission rate of 0.063% set for the USDT trading pair on Binance.🌙
Thrax - QuickStrike 5-Mins Scalping** Indicator Description **
1. Price Change Threshold (%) – The minimum price change required for a candle to be recognized as significant. Candles exceeding this threshold are considered potential candidates for zone creation. Default value for 5 min is 0.5%. As you move on higher timeframe the threshold should increase
2. Percentage Change for Zones (%) – The amount of price movement needed to form a dynamic support or resistance zone. Tweak this to control how sensitive the indicator is to price fluctuations. 5 min default value is 1%. For 15 min suggested is 2-3%.
3. Break Threshold for Zones (%) – Defines how much price must break above or below a zone for it to be removed from the chart/mitigated. Keeps the chart clean by removing invalidated zones. Default value is 0.1% in 5 min, for 15 min it is 0.5%.
4. Buy Zone Retracement Level (%) – The percentage retracement level for defining the inner buy zone within a broader bullish zone. Ideal for timing precision entries. Ideal value is 75%
5. Sell Zone Retracement Level (%) – The percentage retracement level used to determine the inner sell zone within a larger bearish zone. Helps in identifying potential reversal areas or exits. Ideal value is 25%
By tailoring these inputs, traders can fully customize the indicator to suit their scalping strategies, enhancing their ability to navigate fast-moving markets with confidence.
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There are two primary approaches for scalping using this indicator:
1. Candle-Based Scalping:
a. Bullish Signal: When you observe a bullish candle highlighted in blue (by default), you can consider entering a long position at the close of this candle. It’s advisable to wait for the candle to close before taking action. For a more aggressive scalp, you might take profits based on your scalp target after a few subsequent candles. If the price remains stagnant or moves unfavorably in the next few candles, you can exit with a small loss. Alternatively, if you have a higher risk tolerance, you may hold the position even if the price initially declines within a set percentage.
b. Bearish Signal: For a bearish candle highlighted in yellow, you can enter a short trade at the close of the candle. Similar to the bullish setup, you have the option to exit after a few candles if the price doesn’t move as expected or hold the position with a higher risk tolerance if the price goes up initially.
2. Zone-Based Scalping:
Entering Zones: Monitor the price as it enters a defined support or resistance zone. If you are open to higher risk, you can enter a trade immediately upon the price entering the zone. For a more cautious approach with a smaller stop loss, wait for the price to reach a retracement level within the zone before initiating your trade. This approach allows for a more precise entry but may result in missing out on trades if the price reverses before hitting the retracement level. Conversely, entering at the zone’s boundary offers the potential for early trade capture but comes with a higher stop loss risk.
Adjust these strategies based on your risk tolerance and trading preferences to optimize your scalping opportunities.
Range Based Signals and AlertsThis script produces a compiled version of rule based signals that is meant to be used mainly on 5 Min timeframe based on daily(as default) Highs and Lows on average and the main purpose is to give user settings to change and adapt based on their needs and make it as adjustable as possible. This entry strategy idea does not belong to me but for TV's in-house rule reasons i can't disclose whose idea it is but i think people that will use this indicator will know who the original idea belongs to.
Rules used for signal production:
- Daily(As default) High-Low points
- Moving Average for detecting reversing of price
- MTF MACD (Daily as default) for detecting overall trend
Signals produced based on extensions of price out of daily zones and when they drop or rise back into moving average. A conditional checker is used for reducing repeated unnecessary signals and alerts.
Happy trading.
BB_MDL_V1Simple indicator that is based on the average line of the bollinger bands and the exponential average of 200 periods.
The customizable variable is bollinger bands length, currently the default is 35, you can tweak it to your liking and see how trend identification changes.
My recommendation is to work in 5-minute time frames in values such as SOL, FTM or MASK (cryptos)
This simple strategy can be combined with many others to gain more insight and get better market entries and exits.
MMA V2 Indicator - BlastBest indicator for scalping on 5 min Timeframe
Rules of trading
For Long Entry
When a candle break the line upside and you see (three white soldiers) enter for a long trade. Stoploss should be at lower of at line breaking candle and take profit should be 1.5 (three white soldier's first candle should break the line)
For Short entry
When a candle break the line downside and you see (three black crows) enter for a short trade. Stoploss should be at above of at line breaking candle and take profit should be 1.5 (three Black Crow's first candle should break the line)
Special thanks goes to Venkatesh
[Pt] TICK Supertrend Strategy, 5 minBackground:
It is well known that the indices such as SPY and QQQ follow/represent market sentiment. The TICK index literally represents the market sentiment as it compares the number of stocks that are rising and falling on the NYSE. By default, the TICK index is a short term indicator. Therefore it isn't reliable for swing trading or long term strategies. However, it is perfect for scalping.
Although TICK is well known, many does not know how to use it effectively. As part of the background mechanism of this script, I’ve divided TICK into 5 major zones based on the close of each candle: Overbought (neutral with bearish bias), Bullish, Neutral, Bearish, and Oversold (neutral with bullish bias). Along with the use of Heikin Ashi technique, RSI, moving averages and candle analysis, this strategy aims to provide accurate representation of market sentiment and profitable entry and exit points. *** At the time of publication, this strategy has proved to be consistently profitable. HOWEVER, this DOES NOT guarantee future profitability. So use at your own risk! ***
What is it showing?
This strategy is an intraday scalping strategy that uses TICK data to predict market directions for optimal entry and exit points. It is displayed similarly to the famous Supertrend indicator, which is one of the most common ATR based trailing stop indicators, so visually it is easy to read. This strategy is suitable for trading indices such as SPX , SPY , SPX500USD , QQQ , DJI and any other tickers that have high positive correlation with TICK.
Script is proprietary, but as mentioned it incorporates the following elements with additional candlestick analysis, pattern recognition, stop-loss and profit taking strategy:
- NYSE TICK data
- Heikin Ashi candle technique
- ATR
- RSI
- Moving Averages
Bullish trend is determined by a confluence of said indicators and analyses, and is displayed as a green line under the price action. The distance is defined by an adjustable value that is based on a percentage of the previous daily ATR value. When a long order is in play, that line also acts as the stop-loss level. Bearish trend is the opposite and is displayed in red, by default.
What's unique?
Detecting a ranging market structure and avoiding overtrading in a choppy market has always proven to be difficult, even for the most professional traders. This strategy has built-in “choppiness” and volatility filtering scripts that attempts to help reduce the number of false entries. These elements are what makes this strategy unique and different from other indictors mashup strategies.
In addition, this strategy takes previous trades into account and “learn” from past trades when determining the optimal stop-loss level to maximize profitability. This allows this strategy to better adapts to changing and evolving market conditions.
Strategy statistics
All parameters are designed for 5min time frame.
At the time of publication, this strategy has proved to be consistently profitable through limited back testing data.
Initial capital = $10000
Pyramiding = 1
Slippage = 3 ticks to account for spread
Default leverage shown = 9x
Quantity per trade = 100% of account
Back testing period at time of publication = Apr 11, 2022 - July 22, 2022
Trading Session = 1000 - 1530 Mon-Fri
Timeframe = 5 min
Gain = 1338.48%
Total trades = 253
% Profitable = 45.85%
Profit Factor = 2.506
Max Drawdown = 19.36%
Extras
This release includes default AutoView alerts for trading SPX500USD on Oanda. It includes both long and short order entry alerts, and trailing stop-loss alerts.
Please DM for free trial.
Fractal Potential EntryFractal Potential Entry combine 3 ema and fractal and follow the strategy from Trade Pro on YouTube:
www.youtube.com
with good performance on the 1 minute chart
Feature:
Alert Sell and buy Potential Entry
Happy Trading
Agressive ScalperThis indicator I thought after a while of research and decided to code for people that wants to scalp on low time frames. It's recommended to use it in 1 to 5 min timeframes. It uses ATR, Past high and lows and stochastic overbought and oversold zones along with some consolidation code to avoid fast swings. I also added Take Profit and Stop Loss signals based on slow ATR values. I may add more features later on if people find it useful.
5min MACD scalp by JoelThis strategy is inspired by a youtuber called Joel on Crypto. He trades this using Ema, MACD indicators and his own experience. For more information, check out his Best Crypto Scalping Strategy for the 5 Min Time Frame video. I have tried to automate this a little.
Long or Short trades are determined with a crossing of the fast Ema over the slow Ema for Long and the opposite for Short. Trades should only happen close to the crossovers. Then for Long we use the MACD indicator with a 1min TF (I had better results using the 5min) where we look for high peaks in negative values for Long and vice versa for Shorts. These should be significantly higher than other peaks (or if you will lower peaks for a Long).
Hence, the key is to detect high peaks on the histogram, which I try to achieve by checking if the last 2 values were higher than X bars back. If you want to make it even more specific, then you can turn on the additional checkbox which compares the current value to the average value of X bars back, and if it is greater than, say, 50% the value of the average (= 1.5x the average), then it's ok for the trade.
I also noticed that the strategy often bought at the top or bottom, so I added a check that compares whether the last evaluated bar is the first rising bar (for Long) or falling bar (for Short). This can be turned on or off.
Target profit 0,5% and stop loss 0,4% are based on his recommendation. The strategy is set to take only 1 trade at a time , and you can have a back tester table on.
I'm still a pine script beginner, so the strategy is certainly not perfect and could be improved. If you have any tips on how to improve it further, please let me know. I will try to update it when I have time.
I would also like to thank Joel on Crypto for sharing the strategy and @ZenAndTheArtOfTrading for his great library and code (thanks to him we have a back tester table in here), but especially his educational videos on youtube, which taught me a lot about pine script.
Scalping Trading System bot Crypto and StocksThis is a trend trading strategy scalping bot that can work with any type of market. However I concluded my tests so far with Crypto, Stocks and Forex, and with optimizations always could be found some profitable settings.
Indicators
SImple Moving Average
Exponential Moving Average
Keltner Channels
MACD Histogram
Stochastics
Rules for entry
long= Close of the candle bigger than both moving averages and close of the candle is between the top and bot levels from Keltner. At the same time the macd histogram is negative and stochastic is below 50.
short= Close of the candle smaller than both moving averages and close of the candle is between the top and bot levels from Keltner. At the same time the macd histogram is positive and stochastic is above 50.
Rules for exit
We exit when we meet an opposite reverse order.
This strategy has no risk management inside, so use it with caution !
15m Candle ToolShows historical 15min candles for the 1m, 3m , and 5m time frames.
Counts down the time until the current 5m, 15m, and 1H candles close.
Recommended use on the 1m, 3m , and 5m TimeFrames!!!
Legend:
Vertical Lines (Left to Right)
-15m Candle wick (solid line) *
-Close of current 5m candle (red dotted)
-Close of current 15m candle (blue dashed)
- Close of current 1H candle (green solid)
Horizontal Lines (Top to Bottom)
- Previous 15m high (top of wick) *
- Subdivisions of the low to high of the previous 15m candle (.25, .50, .75) (WHITE LINES, .50 is extended)
- inter candle average of the highs within the previous 15m candle (solid green)
- average of the inter candle highs and lows (grey dashed)
- inter candle average of the lows within the previous 15m candle (solid red)
- Previous 15m low (bottom of wick) *
Previous Candle Body *
* = Changes color based on the bar color.
Forex Scalping 1min Bollinger Bands, RSI and ADX Trading SystemThis is a Forex Scalping Trading Sytem based on the Bollinger Bands.
Its suited for major pairs, with lowest possible comission (below 1 pip) and with timeframes ranging between 1-15 min.
Indicators:
Bollinger bands
ADX
RSI
Rules for entry:
Long Entry: price to move below the upper Bollinger Bands RSI raise above the 30 line and ADX<32 at the same time.
Short Entry: price to move above the upper Bollinger Bands, RSI raise below the 70 line and ADX<32 at the same time.
Rules for exit
Profit Exit: 3 options: 1, exit position when the price touches the middle band, 2) when the price touches the opposite band, X pips target profit.
Loss Exit: X pips loss
ATH Oscillator StudyThis idea stems from the belief that people want to reverse the trend when an all time high or low is hit. This strategy incorporates that by using ath and atl values based on the lookback period and the signal gets smoothed by the input smoothing type and length. I found that the best time to use this was on the 3m chart. But I am certain that higher time frames can be used if the settings are tweaked.
Settings:
Strategy -
simple(long,short,switch) - This strategy just uses the directional change of the signal using just longs, just short, or switching between the two.
range - This strategy uses the hlines on the chart to determine when to buy and sell. These can be adjusted using the Range Top / Bot values
div - This strategy uses a simple divergence of the signal line to time entries
Lookback - How many bars back to check the ath and atl
Smoothing - How smooth you want the signal
Smoothing Type - Different ways to smooth the signal
Range Top/Bot - Changes the height of the hlines for the range strategies
On Buy/Sell Signal # - Change when you enter. Increasing this number will move the signals to the left if there are consecutive signals. Useful to find bottoms and tops.
Chart: ETHUSD Perp Bybit
Notes: Use on 3-5m time frame for best results. Change settings if you want to try other coins like BTC or higher time frames
5 min scalper for indian marketHi friends....publishing 5 min scalper for indian market... which shows the movement of price over time and how strong those movements are/will be, regardless of the direction the price moves, up, or down. Indicator specifically useful, as it helps traders and analysts spot points where the market can and will reverse by providing signals long (buy) and short (sell). Show the relative strength of price movements but leave out the directionality of the price movements, best utilized in combination with other technical indicators – such as trend lines and moving averages – which show price trends and directions. Having an alert feature to make aware market players from signals provided by strategy.
It analyz underlying volume and shows buy and sell signal...
U also can modify algo length ..
some tips for new traders to become successful trader
1: always follow risk management...
2: every stock/ forex / crypto has it own cycle.. So pls dont jump from one stock / forex pair to another when u hear some stock / crypto has
made new high or low... Bcs after that consolidation period starts.. During consolidation we can not make more profit as in trending market.. So be patient when u had made some position or tarde in one stock/ pair...
3 : we dont require to trade in every stocks / forex/crypto.. Just one stock and pair trading daily make u profitable beyond ur expection.. Bcs
trading in one stock / forex pair.. make u very comfortable and u may always know its movement... And u also trade in every cycle of this
stock/ pair.. So u also trdae its trend days which made highest profit. We dont know when is trend of any stock... Compare with it
business... Trading is business not one day rich game... Its business... It takes time and u have to do same thing agian and again to become
sucessfull trader for this u can use tradingview alerts. .for that u dont need to seat infrot of ur terminal screen.. u can also do algo trading
by using tradingview alerts
4 : By following risk management and incerase lot size as profit increased... This is the key 🔑 of sucess in stocks / forex / crypto market.
I thinks this tips may help new trader. U can modified according to ur trading style..
You can personal message me if u want to use this strategy
******************if u want to use this indicator u can personal message me********************************************************
Crypto BOT lower timeframesThis is a crypto bot designed for lower time frames.
Its made of 2 EMA, one fast and one slower . They are combined together with Stochastic, MACD and price action patterns.
For entries we have multiple conditions :
First we check if one of our last 4 closed candles crossed above or below the faster EMA. After that for long, we check that last close is above the fast EMA, that the fast ema is above the slower EMA, at the same time that the histogram from MACD is positive and that we have crossover with the oversold line on stochastic. For the short , the opposite of long.
For exit we have TP/SL mechanic based on price % movement, in this example if the price moved 10% from the initial position it will exit.
EURUSD 5min london session strategyHey, today I bring you another strategy that I pull up together.
Its a KISS system ( keep it stupid simple )
We have 2 ma of 5 lenght each, one applied to the high and the other to low. With this we create a channel.
If the candle close above or below the channel we got a signal. Then we can optionally verify with the RSI to increase our chances.
At the same time, this system, only trades during the london session ( can be changed), and it has 2 rules, preferably no more than 5 trades / day, and no more than 2% risk of equity lost .
We also have a TP/SL system made of pips.
Enjoy it.
Strategy - Bobo Intraday Swing Bot with filtersThis is an adapted version of my swing bot with additional filters that mean it works quite well on lower timeframes like 1min, 5 mins as long as you adjust the setting accordingly (reduce pivot timescale, band width)
Entry conditions are filtered by an invisible trend calculation running in the background so the bot doesn't repeatedly try and fail to fade a strong trend. It has just about everything you should need for basic use, stop losses and targets, automatically close trade at pivot.
I get good results on rangey instruments like major indices such as SPX / ES that kind of thing. Make sure you understand the minmum tick value of an index so the stop setting on the bot work properly
Hope it's useful!
5 Minute TraderBy request, this is an amalgamation of my most popular indicator features but tailored for lower timeframes.
Signals are generated by simple EMA crosses (with adjustable values) in the direction of the current trend and then validated against a scoring system that's comprised of 20 other indicators. When the majority of them agree then the trade can be taken. The tolerance score that permits a trade can be adjusted within the indicator preference panel and the values can be printed above/below the candle to help you tune your entry points.
To further reassure you, the smoothed candle direction from the 4 hour chart is printed in the background to validate the trend direction and a floating trade helper panel translates the scores in to practical terms (buy, sell etc)
Alerts are built in.
Note: This is a premium script. Please DM me for access.
First time coding - a 5min forex Scalping strategy This is my first attempt at producing a strategy in Pine Script.
I am NOT a professional coder. I'm not even a good coder at that. I've only started Pine Script coding since September 2019. I am teaching myself.
This script is far from finished. I need to tweak a number of things about this script. Namely:
Add a validity window to the 'trigger bar' condition. Ie, I want to shut down the condition when the price closes above EMA21
Change the order entry so they are stop orders, using the stop entry price derived from the signals
Make changes to lot sizing
Add a trailing stop condition
Comments welcome, but do not expect me to reply to any questions or requests. In fact, don't expect any replies from me. I consider myself notoriously bad at replies.
I do welcome any feedback from any seasoned coders out there, as I am still a novice coder, and have so much to learn!
As to anyone who wants to criticise me - constructive and helpful criticism are most welcome, criticism to make yourself feel superior to me - you kind can eat a dk.
For the strategy rules, google the user ForexSignals TV account and look for the video "SIMPLE and PROFITABLE Forex Scalping Strategy".
Share, learn, prosper
Peace to y'all
Serialhenry
6/11/19
Long Short Double strategyLong Short Double strategy
Long short strategy with stoploss and take profit.
I use this script for 5min btcusd on Bitmex. (The strategy also works on other exchanges, with some small adjustments in RSI)
Leverage 10x 375% profit in 2 weeks. NO REPAINT.
U can Adjust the RSI for long and shorts entry`s.
Study is Autoview ready. send me a PM for Paid access.
If you like this strategy buy me a Pizza, Dinner, or lambo:)
BITCOIN: 3BMEXTEMinsUUqUwr9GEjNA6ZBsVXB1g6u
LITECOIN: LdG82pyEMMji9Bynw3hvWgUshbMKfiFdJw
RSI - Oversold BTC StrategyWhen BTC goes through a large swing downward, it often goes into oversold territory and quickly swings back upwards. This strategy is designed to capitalize on the swings without gettings stopped-out with the surrounding volatility. I find that this strategy works best on the 5 minute chart.
You can set the maximum loss (in dollars), trade size (in BTC ), plus your trailing stop and offset (pips).
The blue line on the graph indicates your stop loss point, which trails your buy-in point by your specified maximum loss. Remember, in this strategy, this stop-loss is only used to protect you from unexpected large swings, your trailing stop loss is used to capture profits.
