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.
5min
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 !
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
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!
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
RSI+STOCHRSI v2RSI + STOCHASTIC RSI combination v2 ( for v1 )
For 5 min
Changes
Stcoh RSI creates signal with crossover
RSI created signal with an equation ( above or below the line) ,crossover was added.
