1 minute crypto strategy (MTF ZigZag)Please read the following explanation and notes before using this strategy.
This strategy is based on pyramiding. It uses two trend indicators(zigzag) in two different timeframes. One can be used to identify trend in higher timeframe and the other can be used to identify trend in smaller time frame. You can change them according to your preference. The default timeframes are set the same so the strategy only opens the trades according to one timeframe (20min). You can change the timeframe of the trend indicators to any timeframe in the settings but first you should add that timeframe to your chart timeframe so you can see that timeframe in the settings.
The first timeframe is for lower timeframe trend identification and the second timeframe is for higher timeframe identification in the settings.
IMPORTANT NOTES:
1. This strategy works best with low cap high volatile Cryptos. It is riskier on big cap cryptos in long term since it takes longer for them to recover from a big drop.
2. This strategy works in any timeframe. The lower the TF the higher profit.
3. This strategy is LONG only (spot).
4. It is very important to run a deep backtest (for example 1 year) and change the settings accordingly on the cryptos you want to trade to see how it performs in longterm.
5. The default pyramiding value is 30 and 3.33% of the portfolio (100/30=3.33%) is used for each trade. It means the strategy opens maximum 30 trades before the TP is hit. If you change the pyramiding you should also change order size as well in order for the strategy to show the exact calculation (your portfolio amount percentage/pyramiding value=ordersize percentage). If you increase pyramiding value the strategy performs safer in long term.
6. The default TP is 1% and the default SL is 80%. You can change the settings according to the backtest on the coins you want to trade. But it is better not to increase the TP.
7. The indicators don't repaint.
8. Please make sure to backtest and fully understand the way this strategy works before using it.
Cari dalam skrip untuk "profit"
2x take profit, move stop loss to entryTwo take profit targets moving stop loss to entry after first take profit hit
This strategy shows a method to achieve the following trade management:
1) Open a position with two take profit targets
2) When first take profit is hit, move the stop loss to entry price
3) Position is closed when either second take profit is hit or position is stopped out at entry
Trading Conditions
The trading conditions used in this script are for illustrative purposes only and are not meant to be profitable.
Bollinger Bands
Used to show areas where price is moving outside of the normal range
Stochastic
Used to show overbought and oversold conditions.
Green dots are plotted when the K line crosses over its SMA. Red dots are plotted when the K line crosses under its SMA.
The option to use overbought/oversold thresholds is again illustrative.
DMT TEMPELTON PECK STRATEGYIntroduction Templeton Peck Strategy Version .
Bring your A-game to the market in A-Team style with DMT Templeton Peck – you’ll love it when this plan comes together!
Using customized standard deviations between historic price action ranges and volume metrics, DMT Templeton Peck enables traders to never miss a change in trend.
In its default state, the DMT Templeton Peck Strategy displays key information, such as:
• Small trend line
• Large trend line
• Position entry prices
• Take profit levels
• Stop levels
• Buy and sell trend signals
In addition to providing core functionality for the indicator’s strategy signals, traders can use this data to enter or exit trades.
When price crosses both trend lines and consolidates there is a high probability that price will continue to move in the same direction. The most profitable results are achieved when trading in the direction of the current large time frame trend.
When small and large trend lines cross a trading signal is generated which can be used to automate trades. Please see the ‘TradingView Alerts’ section of this document for further details.
The Small & Large trend line’s display can be toggled, and their colors modified in the indicator’s style options as shown below.
Basic Strategy
In its simplest form, the strategy is to buy when the price crosses and consolidates above both trend lines and sell when the price crosses and consolidates below both trend lines.
Set amount of first entry to the inputs data.
You can add a commission fee.
Adjust initial capital for your needs.
How to Trade
Confident traders may choose to enter a long position at the point
#1 when the price passes above both trend lines and begins to consolidate.
However, the safer trade is to wait for the trend lines to cross at a point
#2 and then look for an entry in the direction of the local trend.
One price action begins to reverse to the downside the strategy reverses. Confident traders may choose to enter point
#3 when the price passes both trend lines and begins to consolidate once again under the previous price action structure that is now acting as resistance.
A sell signal is generated at the point
#4 which produced a small profit; however, a new short position could have been opened when the price retraced to resistance at a point
#5 and experienced a repeated number of strong rejections.
Do not worry if you miss a trade as there is often more than a single opportunity to enter – like at position #5 when price action retests the previous local price structure as resistance.
The indicator can be used on smaller time frames to scalp or find an entry after a larger time frame has signaled, however smaller time frames will also be “choppy” and should only be traded with a paper-tested strategy.
Traders should take profit on positions at resistance & support levels and look to have fully exited the trade by the time the price crosses back over both trend lines and/or loses a previously established price level.
Indicator Tuning
In its default state, the indicator is tuned for swing trades using 30 minute & 1 hour time frames, however, you are encouraged to experiment with the indicator options.
The input also allows you to set separately longs and shorts for a better view of the trend and to avoid hunts.
Large & Small Length options define how many historic candles are used for the calculation of the relevant trend line.
As a rule of thumb, larger time frames would use smaller values and smaller time frames would use larger values, ie. On a daily chart, a large and small length could be defined as 400 and 100 respectively.
Please be aware that there are limits to the amount of historical data for any intraday level based on your TradingView subscription level:
• Basic – 5000 bars/candles
• Pro & Pro+ - 10000 bars/candles
• Premium – 20000 bars/cables
TradingView Backtest
By utilizing TradingView backtest you can set a specific date for your analysis.
CRYPTO TRADING BOT - 1min SCALPING LONG/SHORTHOW IT WORKS
The core concept behind the script is the determination of the current market mood in sense of creating a trendline indicator using EMA / SMA .
By using this trend indication alongside RSI / MACD value range, we are able to enter/exit the market in both directions: LONG and SHORT .
In case of confirmed false signals, we try to catch up the next good opportunity to minimise loss and to close the current trade.
If the chance for a good countertrade is given at this point, the market is going to be entered reversely.
Should the market move incredibly fast against our trade direction, we use proven Stop-loss targets, to bring our children into safety.
As many others, we could tell you now, that we used state-of-the-art machine learning algorithms
as well as highly sophisticated methods to gain our results.
As a fact, we started with an idea, using simple and common trading tools/indicators,
as a solid ground. We did not want to reinvent the wheel and it paid off.
GET A WORKING SCRIPT
The algorithm we are using has initially been created with a self-developed backtesting software.
To be able to deliver gas to our engine, we have bought a huge amount of OHLCV data for the 1min chart.
After many exhausting and frustrating weeks of our workflow-rotation (develop, fail, fix, test, repeat)
we finally got confirmation for all of our conditions/expectations, so we translated our algorithm into pine-code.
THE RESULTS
Since we have been using our Pine-Strategy alongside our backtesting software , we checked all the results provided by TradingView
and our tool to be 100% sure every outcome, every entry and every exit is exactly the same.
We did this for several months and since 2021 June we have been using it with real Alerts, coped to our binance account.
Below, you will find how the performance for the previous months looked like (every trade was made with 100% of the capital, of course using proper stop loss and take profit):
September 2020: 15.18%
October 2020: 36.17%
November 2020: 15.12%
December 2020: 48.58%
January 2021: 150.10%
February 2021: 45.96%
March 2021: 46.48%
April 2021: 4.96%
May 2021: 43.48%
June 2021: -28.99%
Juli 2021: 15.63%
August 2021 (so far): 11.57%
Accumulated Profit: 1,979.01%
To prove our results, we will link an excel sheet for every trade that was made within this timerange.
Link: docs.google.com
ABOUT US
We are two good friends, both incredibly interested in mathematics, software engineering, AI and algorithmics. After getting introduced into the crypto space
by a common friend, we started figuring out that there is a pattern behind every big or small move which happens in an asset.
This is where the passion for creating a CRYPTO TRADING BOT began. It was our goal, to create this script for the 1min Timeframe, so the software can react quickly when a
big or small move is happening - this is why it is called a SCALPING SCRIPT .
We are incredibly proud of this script and would like to share it with this amazing community - just hit us up on TradingView!
Sola Fide [Strategy]Sola Fide High Accuracy with ATR R:R
Indicators used:
- Stochastic RSI
- Chopiness Index
- RSI
- Ichimoku Cloud
- ATR
Script has been set up in strategy format to give backtesting data.
The strategy has been made for BTC and ETH pairs against USDT on the hourly timerframe
Currently outperforming the Buy and Hold Return on both assets.
This script has been made to make it easier to automate strategies on 3commas
In the settings you will see options for BTC strategy or ETH strategy
Choose the asset you are on, copy your 3commas Bot ID and Email token and paste them into the settings box for eachever asset you are on.
To receive the alerts set up within the strategy, in your alert message box use " {{strategy.order.alert_message}}"
This will then be able to send any orders taken on the tradingview script directly to your long or short bot on 3commas
This strategy is set up with a strict set of rules on the ATR for the Take profits and Losses.
There is a repaint warning because the code uses heikin ashi candles through the security function, the given entry and exit signals do not repaint,
I have been automating this for myself with no errors.
You don't need to use more than 3x leverage...
Past results do not guarentee future results.
StocasticRSI EMAs ATR StrategyA scalping based strategy thats works well with EUR/USD 30 minute time frame.
This strategy uses stochasticRSI for trade entry. Uses two exponential moving averages for trend detection. The strategy uses Average True Range for stop loss and for two profit targets.
We only trade with the trend if the 50 period exponential moving averages is above the 200 period exponential moving averages. StocasticRSI must cross below 30 level by default for a long entry if the rend is up. Likewise with a short entry the stochasticRSI must crossover above 70 level and if the trend is down.
This script does not trail your stop loss as I have noticed it does not give me good results. Stop loss is a fix stoploss based on Average True Range and so are the profit targets.
This script has risk management, it risk a certain percent of the inputed capital amount in the setting. See settings for more details.
Green line is 50 period exponential moving averages and red line is the the 200 period exponential moving average. Blue line is stoploss for short trade and black line stop loss for buy trade.
Since this is a scalping strategy be caution with the commission and slippage. I have inputed 1 for commission and 1 for sllipage.
Many Thanks,
Honest Trader
Trailing Take ProfitThis script demonstrates how to do trailing take profit. With this approach instead of setting a limit order, when you hit the target you just follow the price upwards (for long positions) and you sell when the price drops by a small percentage. This approach will increase the profits (slightly) in every strategy! Be aware that the simulated data may produce unrealistic results.
Scalping Strategy with SL and TP activation settingsThis strategy can be used on pretty much every timeframe that gives you a satisfying performance and will give you entries with a high probability of a winning trade.
Recommended are lower timeframes, because after all this is a scalping strategy and with that your chart wont be cluttered.
How to use this script?
Currently you can setup your positions SL and TP, because the markets vary in volatility it could improve the performance of the strategy.
You will simply get your signals and can decide to act upon them.
Stop loss: Simply your stop loss order which will trigger when price moves a given % away from your entry.
TP-Activation: When price reaches your % target it will trigger a stop limit order. So if price turns against your position after reaching your target it will close your position in profit and if it runs in your favoured direction it will trigger at a later stage.
Trailing-Offset-%: After reaching your % target it will trigger the TP order with an offset. So if you set your trailing offset to 0.1%, your TP order will be set behind 0.1 %. This can be used to test if the strategy would perform as well
if you leave more room for trades to play out.
Will this script make me profitable?
No strategy is a silver bullet and it depends mostly on you.
Trading is not easy and most people fail, because their risk management skills arent solid or they cant control their emotions.
This script will give you statistically often good entries, so even if you hit a losing streak your SL will protect you from losing more than necessary until you get a winning streak.
Patience and consistency is key to be profitable in the long run.
Does the script repaint?
Although you will get a notification when setting an alarm that the indicator may repaint, no security function is used and the signals will stay on the chart, because the signal is calculated based on the last candle close and will trigger with the next candle.
I am still looking into why that notification pops up.
You are free to try the indicator for a limited time to be sure.
My experience with the strategy
The overall statistical advantage is great. The strategy can be used simply as it is, but becomes better if you already have some experience with trading. Sometimes it will give you a good entry, reaches your target and the price still goes in your preferred direction. So your trading returns and experience could be improved with confluence, but it is totally fine as it is and if used right will help you get going.
Disclaimer: This is no financial advice. This is a tool and I am not responsible for your actions.
If you are interested in the indicator feel free to dm me on TradingView.
DMT 369 DRAGRONFLY STRATSuccessful traders trade with a fixed plan and without emotion, but this a lot harder than many new traders think. Many never master this skill and suffer continual drawdowns on their accounts as they overtrade high leverage positions in volatile markets.
ĐΜŦ Autobot resolves this issue by taking the human element out of the equation, allowing full automation of trades using TradingView alerts to trigger your favourite trading bot, such as Alertatron or 3Commas.
Being a Trend Reversal Indicator based on Volatility & Average True Range, ĐΜŦ Autobot is designed to identify spots in the market that offer suitable scalp and swing trade opportunities.
Due to popular demand we have expanded our ĐΜŦ Autobot product line to include the new ĐΜŦ Autobot Dragonfly 3-6-9 Edition which combines DMT with 3-6-9 Vortex mathematics, our Titan indicator and a multi-ladder scalping strategy to ensure you maintain a preferable average entry when price action moves against your position.
Indicator View
It its default state the DMT Autobot Dragonfly indicator displays key signal information, such as:
• Support & resistance range lines
• Titan Body Small & Large Time Frame lines
• Long & Short entry positions
• Long & Short position ladders
• Profit targets
Dragonfly displays a range between resistance (upper line) and support (lower line) on the chart.
Once the price is granted support in the range the lower line will turn green. As price action develops it will make repeated attempts to test support. If support holds price will attempt to test the resistance line (red).
When resistance is broken and the price is above the upper line, the line will turn blue confirming the bullish momentum and provide a potential buy opportunity.
Price action will make attempts to test the upper line as support and will keep rising while support is granted.
Once support is lost the upper line will become red once more. As price action develops it will make repeated attempts to test resistance. If resistance holds, the price will attempt to test the support line (green).
When support is broken and the price goes below the lower line, the line will turn red confirming the bearish momentum and provide a potential selling opportunity.
Price action will make attempts to test the lower line as resistance and will keep dropping while resistance is granted.
Titan Body
The Titan Body Small & Large time frame options in the indicator add additional trendlines to the chart to provide further clarity and confirmation to the Support & Resistance range indication.
Once price is granted support by the Small Time Frame trend line the line will turn green. As price action develops it will make repeated attempts to test the Small Time Frame support. Once the price is below the Small Time Frame trend line, the line will turn red and can act as resistance in a trend reversal.
When price is granted support by the Large Time Frame trend line the line will turn cyan. As price action develops it will make repeated attempts to test the Large Time Frame support. Once the price is below the Large Time Frame trend line, the line will turn orange and can act as resistance in a trend reversal.
The Titan Body enabled and customized in the indicator’s style settings,
Alert indicators
DMT Autobot Dragonfly Edition generates signals that can be used to scalp trade a volatile asset.
Signals are enabled and customized in the indicator’s input settings Additional options can be found in the options, but it is recommended that these are left at the default, as shown below. The indicator generates many
Entry and Profit levels can be disabled or customized in the indicator’s style settings,
Tradingview Alerts
Using Tradingview alerts, DMT Autobot Dragonfly signals can be used to trigger a trading bot.
To trigger a long or short position, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the long or short option.
It is recommended that long or short positions are configured to trigger Once Per Bar Close
Ladders can also be triggered using alerts. To trigger a ladder order, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the appropriate Long or Short ADD option that is to be triggered by the relevant values defined in the indicator’s configuration.
It is recommended that ladder orders are configured to trigger Once Per Bar,
To trigger a take profit order, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the Long or Short TP option that is to be triggered by the relevant values defined in the indicator’s configuration.
Take profit orders can be configured as Once Per Bar Close or Once Per Minute.
If you wish to trigger a take profit signal immediately when the indicator’s defined take profit value is achieved, then use the Once Per Bar option.
Selecting Once Per Bar Close to generate a take profit signal is a gamble as the candle may close far away from the defined profit target – positive or negative.
While stops can be used, they are not applicable to the recommended ladder strategy.
Ladder Strategy
The DMT Autobot Dragonfly indicator always turns an underwater position into a win by utilizing a ladder strategy.
By using the recommended defaults, the indicator will trigger ladder orders at 3%, 6% & 9% using increasing order sizes,
Order sizes increase exponentially to ensure a good average price is maintained. If you are not using DMT Autobot Dragonfly signals to trigger ladder or take profit orders, please ensure your trading bot is configured to recalculate the new ladder entry and profit target based on the new average position entry price as each ladder is filled.
If you are using DMT Autobot Dragonfly on a leveraged asset, please ensure the leverage position is configured suitably so that your position is not liquidated if the price rapidly moves against you.
If u are looking for more information or access to the script please private msg me in trading view chat thx for support
[Strategy] - EMA 10,20 59 with Profit DisplayedThis EA is still under construction !!
So for this EA is only based on the trend of the 3 EMA's
Buytrend = (ema1 and ema2 > ema3) and (ema1 and ema2 > ema3 )
We also change the Background depending on the trend.
bgcolor(Buytrend ? color.green : color.red,transp=70)
At this point I was wondering how much "profit" we would have made if this strategy was only based on the trend so I added the Labels to start/end close of that trend and then see how much profit in pip's we would have made.
Later I was wondering if I could get the total information on the trades and thats what the Label over the current candle is telling us. If that label is red we didn't made any profit and if its green we made som profit.
I also added a BuyProfit and a count buy/sells and a total Profit to see how that information clearly without opening the strategy tester.
NOTE this shows the profit in pip's
Next step is to implement a Buy/Sell Signal togheter with a Buy/SellSignalOUT signal.
Thats currently under development and you'll see some code being there already but as of now the orders are made from the trend signal not the Buy/Sell Signal.
Rogue Profit StrategyThis is a complex script developed to measure specific volatility parameters and enter trades based on predetermined rules which are proprietary and will not be released, so don't ask for specific strategy settings.
The strategy keeps you in the market at all times either long or short. Parameters can be changed to better suit the asset your are trading, time frame and your particular trading style but the overall volatility rules for entering and exiting remain the same. It can be used to trade any asset but be aware the parameters you use for one asset, lets say Bitcoin, will not work with another asset like Forex. If the asset is on TradingView, you can use this indicator to trade it.
It is meant to trade pure price action candlesticks so do not use anything but a typical candlestick chart. You are going to have to put in some work and play around with the input parameters to make this strategy the most profitable for your trading style. Trading is hard but hopefully this strategy will help flatten the learning curve. This strategy is accompanied by an indicator study named "Rogue Profit Alert Indicator" that will work with setting alerts for manual or automated trading.
This strategy does NOT repaint.
This is a very powerful and profitable script that will simplify your trading and has been in development and tested for three years. Message for details on how to obtain access. Please allow up to 24 hours for a response.
Dominator Ladder StrategyThe Dominator is a technical indicator. Based on algorithm calculations, this indicator extrapolates the previous price for the next bar.
Here is how Dominator is calculated:
1. The study estimates the price projected for the next bar. The estimated price is based on the algorithm method.
2. The study extrapolates this value to find a projected price change for the next bar.
The resulting extrapolated value is shown as a histogram on a lower subgraph. By default, sections of the histogram where the extrapolated value is increasing are shown in green; sections corresponding to the decreasing value are shown in red.
Note: Value projection is purely mathematical as all calculations are based on algorithm averaging of previous values.
Note: lower subgraph it's just for you to understand and view the waves during the Strategy process Study it's not included in this strategy.
Overlay True
The strategy includes 3 different adjustable levels for the ladder , plus automatic adjustable stop loss and takes profit calculated from your average entry price after each ladder adds.
Adjustable BAcktest Window.
1 long signals
3 ladder long add signals
1 short signals
3 ladder short add signals
1 dynamic stop calculated from your average entry price
1 dynamic take profit calculated from your average entry price
MA cross strategyThis strategy uses simple moving average cross for entry signals, but it can be customized with 3 cases:
1- exit at take profit and stop loss;
2- exit when distance between close and moving average is above a user defined minimum;
3- use Renko candles to calculate the moving average without changing the graph candles.
The third case is the one with better results, but for non-pro users can be used only with daily time frame.
Look at profit factor and percent of winning trades.
You can test also on your favorite pair, but most important is setting correct brick size.
At request, I could share also a screener with alarms for finding which symbol statisfy entry rules.
Please use comment section for any feedback.
********************************** IMPORTANT*******************************
I have developed an expert advisor for metatrader4 (MT4): results of expert advisor form 2015-01-01 to today are very good with low drawdown and good profit.
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ADX+DI+SUPERTREND StrategyThis strategy is a port of famous script from MasaNakamura ADX and DI.
Here is the exact startegy from original study from MasaNakamura MasaNakamura at
In this version, I added also SUPERTREND as filter!
Scope of this port is to identify corrects inputs to get best results from signals that indicator gives.
I added the possibility to choose stop loss and take profits and to smooth the results also with heikin ashi candles.
Please use comment section for any feedback.
Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study.
********************************** IMPORTANT*******************************
I have developed an expert advisor for metatrader4 (MT4) and for jforex platform: results of expert advisor form 2015-01-01 to 2018-11-25 are very good with low drawdown and good profit.
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ADX and DI StrategyThis strategy is a port of famous script from MasaNakamura ADX and DI
Original study from MasaNakamura MasaNakamura at
Scope of this port is to identify corrects inputs to get best results from signals that indicator gives.
I added the possibility to choose stop loss and take profits and to smooth the results also with heikin ashi candles.
Please use comment section for any feedback.
Next improvement (only to whom is interested to this script and follows me): study with alerts on multiple tickers all at one. Leave a comment if you want to have access to study.
********************************** IMPORTANT*******************************
I have developed an expert advisor for metatrader4 (MT4) and for jforex platform: results of expert advisor form 2015-01-01 to 2018-11-25 are very good with low drawdown and good profit.
********************************************************************************
Vix spread Betting/CFD strategy. Highest profit factor ever?Recently I have noticed that many CFD and spread betting providers (I wont mention which ones but they are easy to find with a quick google search) are letting users "trade" the CBOE Volatility Index ( VIX ). I thought this was unusual as the VIX is not a purchasable asset; it is a measure of implied volatility (both long and short) on the S&P500 calculated through a formula using the price of S&P options. As far as I know the VIX has never been directly tradeable until now, VIX related products like ETFs which attempt to follow the VIX has been available for nearly two decades however they suffer greatly from slippage which makes them difficult to trade.
I am astonished that we are now, for the first time, able to bet on the result of a formula. I think that CFD and spread betting providers have made a mistake, they were probably just looking to add more tradable products and didn't think through fully that the VIX is not like any of their other products, and is much easier to profit from when using a quantitative strategy.
This strategy works live on 4H and daily charts and achieves absolutely ridiculous results. I set it to start with $100 initial capital, and over the course of 465 trades it made $73154339495899.86 profit due to compounding profits. This is a profit factor of 695603.753. I don't expect to earn this much profit myself as I am sure that CFD and spread betting providers will eventually realize that it was a mistake to let traders have positions betting on the outcome of a formula, and eventually stop allowing VIX trades to be placed. I am currently trading using this algorithm, and will maybe let others use this script eventually after I've had my fun. So follow me :)
Simpelyfe Ichimoku TKx StrategyThe Simpelyfe Ichimoku TKx Strategy is a moving average crossover strategy with variable timed exit points. This strategy is quite versatile -- it can be used to scalp intraday trades or enter high probability/profitability trades on longer timeframes. It hits all the trending trades with minimal drawdown.
For access to this strategy, a negotiable one-time fee must be tendered. For more information, contact me personally through Trading View chat.
Happy trades!
-Sim
TrendShikari NTS - StrategyTrendShikari NTS is a Nifty Index, Swing trading system with great profitability. This is the STRATEGY file for you to see backtest performance along with the feature to see the next day trading levels in advance. For getting Email / SMA alerts (based on your TV subscription plan) and to see better graphic level marking use the STUDY file from the indicator library. Access to this system will be limited. See my profile status field to see how you can gain access.
Salient Features
1. Daily Bar System. System analyzes a Daily chart of NIFTY to give signals with average holding period of 5 days.
2. Automatic Long and Short signal generation. No need to draw waves / lines and other fancy stuff on your charts to analyze NIFTY any more.
3. Backtester Results Available - Thanks to TradingView, backtest results for previous years (from 1990) are available right in the charting platform for NIFTY.
Having a good trading system is one thing and trading it to make money is a whole different ball game. One thing you must always do if you want to mimic the backtest results in live trading is to follow the rules mentioned below as if your life depends on it.
Trading Rules
1. Each day the system gives you a Long and Short trading level. You go Long on NIFTY when the Daily Long level is breached and you go Short on NIFTY when the Daily Short Level is breached.
2. Trade using Nifty Options, In the Money calls, one strike below the nearest strike price for going Long using Call Option or one strike above the nearest strike price for going Short using Put Option.
3. Preset exit and entry orders of appropriate option contracts every day at market open. To set the levels see the difference in Nifty spot price and the trading levels given by system and then multiply it with 0.8 to give an approximate order trigger price in both directions for the corresponding option contracts.
4. Book profit when Nifty moves significantly along signal direction. Every time NIFTY moves 100 points in your direction you exit the current option contract and enter a trade in the next strike price in the same direction.
5. Rollover before expiry. Its important that you rollover (ideally one day before the expiry day) your Option contact positions by exiting the current month contract and take a new position in the next month contract of the same type and strike price of the current month contract.
6. Trade only Nifty using this system. Also Daily chart has to be used for trading. System parameters have been tested and optimized for Nifty Index Daily patterns only and hence is likely to give stated results with Nifty Daily chart only.
7. Trade all signals. Don't pick and choose or add your own or someone else's analysis to filter the signals. Take confidence from the objective backtest results and not any subjective interpretations.
8. Trade with only that amount of money you can afford to loose. Initial capital that you need to have to trade one lot of NIFTY Option using this system should be at least INR 150000. You need only INR 7500 - 15000 to open a position and the rest is the margin of safety you need to have in your trading account to account for drawdowns in trading. You can add the capital in a staggered need to basis to your trading account. But make sure you have the initial capital mentioned above at your disposal, if need be.
As always your thoughts and inputs are welcome. Happy Trading !!!
Vix FIX / StochRSI StrategyThis strategy is based off of Chris Moody's Vix Fix Indicator . I simply used his indicator and added some rules around it, specifically on entry and exits.
Rules :
Enter upon a filtered or aggressive entry
If there are multiple entry signals, allow pyramiding
Exit when there is Stochastic RSI crossover above 80
This works great on a number of stocks. I am keeping a list of stocks with decent Profit Factors and clean equity curves here .
Possible ways to use this:
Modify this script and setup alerts around the various entries
Use as is with different stocks or currency pairs
Modify entry / exit points to make it more profitable for even more symbols and currencies
How to automate this strategy for free using a chrome extension.Hey everyone,
Recently we developed a chrome extension for automating TradingView strategies using the alerts they provide. Initially we were charging a monthly fee for the extension, but we have now decided to make it FREE for everyone. So to display the power of automating strategies via TradingView, we figured we would also provide a profitable strategy along with the custom alert script and commands for the alerts so you can easily cut and paste to begin trading for profit while you sleep.
Step 1:
You are going to need to download the Chrome Extension called AutoView. You can get the extension for free by following this link: bit.ly ( I had to shorten the link as it contains Google and TV automatically converts it to a symbol)
Step 2: Go to your chrome extension page, and under the new extension you'll see a "settings" button. In the setting you will have to connect and give permission to the exchange 1broker allowing the extension to place your orders automatically when triggered by an alert.
Step 3: Setup the strategy and custom script for the alerts in TradingView. The attached script is the strategy, you can play with the settings yourself to try and get better numbers/performance if you please.
This following script is for the custom alerts:
//@version=2
study("4All-Alert", shorttitle="Alerts")
src = close
len = input(4, minval=1, title="Length")
up = rma(max(change(src), 0), len)
down = rma(-min(change(src), 0), len)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
rsin = input(5)
sn = 100 - rsin
ln = 0 + rsin
short = crossover(rsi, sn) ? 1 : 0
long = crossunder(rsi, ln) ? 1 : 0
plot(long, "Long", color=green)
plot(short, "Short", color=red)
Now that you have the extension installed, the custom strategy and alert scripts in place, you simply need to create the alerts.
To get the alerts to communicate with the extension properly, there is a specific syntax that you will need to put in the message of the alert. You can find more details about the syntax here : gist.github.com
For this specific strategy, I use the Alerts script, long/short greater than 0.9 on close.
In the message for a long place this as your message:
Long
c=order b=short
c=position b=short l=200 t=market
b=long q=0.01 l=200 t=market tp=13 sl=25
and for the short...
Short
c=order b=long
c=position b=long l=200 t=market
b=short q=0.01 l=200 t=market tp=13 sl=25
If you'll notice in my above messages, compared to the strategy my tp and sl (take profit and stop loss) vary by a few pips. This is to cover the market opens and spread on 1broker. You can change the tp and sl in the strategy to the above and see that the overall profit will not vary much at all.
I hope this all makes sense and it is enough to not only make some people money, but to show the power of coming up with your own strategy and automating it using TradingView alerts and the free Chrome Extension AutoView.
ps. I highly recommend upgrading your TradingView account so you have access to back testing and multiple alerts.
There is really no reason you won't cover the cost and then some on a monthly basis using the tools provided.
Best of luck and happy trading.
Note: The extension currently allows for automation on 2 exchanges; 1broker and Okcoin. If you do not have accounts there, we'd appreciate you signing up using our referral links.
www.okcoin.com
1broker.com
Opening Sweep Strategy – ENG FINAL Public version📘 Opening Sweep Strategy
Overview
The Opening Sweep Strategy is a momentum-based trading approach designed to exploit liquidity sweeps during the key opening ranges of the New York and Asian sessions. It identifies price manipulation patterns—commonly referred to as “sweeps”—that are typically followed by strong directional moves.
This strategy is suitable for forex, indices, and crypto markets and works on lower to mid timeframes (e.g., 5m, 15m, 30m).
🎯 Core Concept
This strategy is based on the idea that institutional players often sweep liquidity (i.e., induce stop hunts or fakeouts) near key session opens, such as:
New York Opening (08:30–09:30 EST)
Asia Session (00:00–08:00 UTC)
After sweeping the highs or lows from the opening range, the market often reverses sharply in the opposite direction, which this strategy aims to capture.
⚙️ Key Components
Opening Range Calculation: Dynamic high/low calculation for the defined session.
Liquidity Sweep Detection: Identifies breakouts of the opening range followed by price rejection.
Risk Management: Custom risk per day with stop loss, take profit, and risk/reward ratio per weekday.
Williams %R Filter: Optional oversold/overbought filter by weekday.
EMA Trend Filter: Optional trend confirmation using 200 EMA.
Sweep Frequency Limits: Prevents overtrading by setting maximum signals per day and required time gap between sweeps.
✅ When a Trade is Triggered
A trade will be placed if the following criteria are met:
Price breaks the high/low of the opening range and
A reversal candle forms (bullish for long, bearish for short) and
Trend/volume/Williams %R filters (if enabled) confirm the direction and
The signal respects your risk and time-of-day configurations
📈 How to Use
Apply the strategy on a lower timeframe.
Select the desired session mode:
"NY Open" – trades post-US open
"Asia Sweep" – trades London open after Asia session
Configure your timezone for correct session timing.
Adjust your risk parameters for each weekday.
Enable/disable optional filters (Williams %R, EMA trend, volume) as desired.
Monitor strategy performance and adjust CRV (risk-reward ratio), max signals, and SL buffers.
🔒 Notes
Strategy supports directional control (Long only / Short only / Both).
Optimized for manual review or automation.
Ideal for liquidity-based or smart money traders.
Contact me for the ideal settings.
Timeshifter Triple Timeframe Strategy w/ SessionsOverview
The "Enhanced Timeshifter Triple Timeframe Strategy with Session Filtering" is a sophisticated trading strategy designed for the TradingView platform. It integrates multiple technical indicators across three different timeframes and allows traders to customize their trading Sessions. This strategy is ideal for traders who wish to leverage multi-timeframe analysis and session-based trading to enhance their trading decisions.
Features
Multi-Timeframe Analysis and direction:
Higher Timeframe: Set to a daily timeframe by default, providing a broader view of market trends.
Trading Timeframe: Automatically set to the current chart timeframe, ensuring alignment with the trader's primary analysis period.
Lower Timeframe: Set to a 15-minute timeframe by default, offering a granular view for precise entry and exit points.
Indicator Selection:
RMI (Relative Momentum Index): Combines RSI and MFI to gauge market momentum.
TWAP (Time Weighted Average Price): Provides an average price over a specified period, useful for identifying trends.
TEMA (Triple Exponential Moving Average): Reduces lag and smooths price data for trend identification.
DEMA (Double Exponential Moving Average): Similar to TEMA, it reduces lag and provides a smoother trend line.
MA (Moving Average): A simple moving average for basic trend analysis.
MFI (Money Flow Index): Measures the flow of money into and out of a security, useful for identifying overbought or oversold conditions.
VWMA (Volume Weighted Moving Average): Incorporates volume data into the moving average calculation.
PSAR (Parabolic SAR): Identifies potential reversals in price movement.
Session Filtering:
London Session: Trade during the London market hours (0800-1700 GMT+1).
New York Session: Trade during the New York market hours (0800-1700 GMT-5).
Tokyo Session: Trade during the Tokyo market hours (0900-1800 GMT+9).
Users can select one or multiple sessions to align trading with specific market hours.
Trade Direction:
Long: Only long trades are permitted.
Short: Only short trades are permitted.
Both: Both long and short trades are permitted, providing flexibility based on market conditions.
ADX Confirmation:
ADX (Average Directional Index): An optional filter to confirm the strength of a trend before entering a trade.
How to Use the Script
Setup:
Add the script to your TradingView chart.
Customize the input parameters according to your trading preferences and strategy requirements.
Indicator Selection:
Choose the primary indicator you wish to use for generating trading signals from the dropdown menu.
Enable or disable the ADX confirmation based on your preference for trend strength analysis.
Session Filtering:
Select the trading sessions you wish to trade in. You can choose one or multiple Sessions based on your trading strategy and market focus.
Trade Direction:
Set your preferred trade direction (Long, Short, or Both) to align with your market outlook and risk tolerance. You can use this feature to gauge the market and understand the possible directions.
Tips for Profitable and Safe Trading:
Recommended Timeframes Combination:
LT: 1m , CT: 5m, HT: 1H
LT: 1-5m , CT: 15m, HT: 4H
LT: 5-15m , CT: 4H, HT: 1W
Backtesting:
Always backtest the strategy on historical data to understand its performance under various market conditions.
Adjust the parameters based on backtesting results to optimize the strategy for your specific trading style.
Risk Management:
Use appropriate risk management techniques, such as setting stop-loss and take-profit levels, to protect your capital.
Avoid over-leveraging and ensure that you are trading within your risk tolerance.
Market Analysis:
Combine the script with other forms of market analysis, such as fundamental analysis or market sentiment, to make well-rounded trading decisions.
Stay informed about major economic events and news that could impact market volatility and trading sessions.
Continuous Monitoring:
Regularly monitor the strategy's performance and make adjustments as necessary.
Keep an eye on the results and settings for real-time statistics and ensure that the strategy aligns with current market conditions.
Education and Practice:
Continuously educate yourself on trading strategies and market dynamics.
Practice using the strategy in a demo account before applying it to live trading to gain confidence and understanding.
SwingTrade VWAP Strategy[TiamatCrypto]V1.1This Pine Script® code creates a trading strategy called "SwingTrade VWAP Strategy V1.1." This strategy incorporates various trading tools, such as VWAP (Volume Weighted Average Price), ADX (Average Directional Index), and volume signals. Below is an explanation of the components and logic within the script:
### Overview of Features
- **VWAP:** A volume-weighted moving average that assesses price trends relative to the VWAP level.
- **ADX:** A trend strength indicator that helps confirm the strength of bullish or bearish trends.
- **Volume Analysis:** Leverages volume data to gauge momentum and identify volume-weighted buy/sell conditions.
- **Dynamic Entry/Exit Signals:** Combines the above indicators to produce actionable buy/sell or exit signals.
- **Customizable Inputs:** Inputs for tuning parameters like VWAP period, ADX thresholds, and volume sensitivity.
---
### **Code Breakdown**
#### **Input Parameters**
The script begins by defining several user-configurable variables under groups. These include indicators' on/off switches (`showVWAP`, `enableADX`, `enableVolume`) and input parameters for VWAP, ADX thresholds, and volume sensitivity:
- **VWAP Period and Threshold:** Controls sensitivity for VWAP signal generation.
- **ADX Settings:** Allows users to configure the ADX period and strength threshold.
- **Volume Ratio:** Detects bullish/bearish conditions based on relative volume patterns.
---
#### **VWAP Calculation**
The script calculates VWAP using the formula:
\
Where `P` is the typical price (`(high + low + close)/3`) and `V` is the volume.
- It resets cumulative values (`sumPV` and `sumV`) at the start of each day.
- Delta percentage (`deltaPercent`) is calculated as the percentage difference between the close price and the VWAP.
---
#### **Indicators and Signals**
1. **VWAP Trend Signals:**
- Identifies bullish/bearish conditions based on price movement (`aboveVWAP`, `belowVWAP`) and whether the price is crossing the VWAP level (`crossingUp`, `crossingDown`).
- Also detects rising/falling delta changes based on the VWAP threshold.
2. **ADX Calculation:**
- Calculates the directional movement (`PlusDM`, `MinusDM`) and smoothed values for `PlusDI`, `MinusDI`, and `ADX`.
- Confirms strong bullish/bearish trends when ADX crosses the defined threshold.
3. **Volume-Based Signals:**
- Evaluates the ratio of bullish volume (when `close > VWAP`) to bearish volume (when `close < VWAP`) over a specified lookback period.
---
#### **Trade Signals**
The buy and sell signals are determined by combining conditions from the VWAP, ADX, and volume signals:
- **Buy Signal:** Triggered when price upward crossover VWAP, delta rises above the threshold, ADX indicates a strong bullish trend, and volume confirms bullish momentum.
- **Sell Signal:** Triggered under inverse conditions.
- Additionally, exit conditions (`exitLong` and `exitShort`) are based on VWAP crossovers combined with the reversal of delta values.
---
#### **Plotting and Display**
The strategy plots VWAP on the chart and adds signal markers for:
- **Buy/Long Entry:** Green triangle below bars.
- **Sell/Short Entry:** Red triangle above bars.
- **Exit Signals:** Lime or orange "X" shapes for exits from long/short positions.
- Additionally, optional text labels are displayed to indicate the type of signal.
---
#### **Trading Logic**
The script's trading logic executes as follows:
- **Entries:**
- Executes long trades when the `buySignal` condition is true.
- Executes short trades when the `sellSignal` condition is true.
- **Exits:**
- Closes long positions upon `exitLong` conditions.
- Closes short positions upon `exitShort` conditions.
- The strategy calculates profits and visualizes the trade entry, exit, and running profit within the chart.
---
#### **Alerts**
Alerts are set up to notify traders via custom signals for buy and sell trades.
---
### **Use Case**
This script is suitable for day traders, swing traders, or algorithmic traders who rely on confluence signals from VWAP, ADX, and volume momentum. Its modular structure (e.g., the ability to enable/disable specific indicators) makes it highly customizable for various trading styles and financial instruments.
#### **Customizability**
- Adjust VWAP, ADX, and volume sensitivity levels to fit unique market conditions or asset classes.
- Turn off specific criteria to focus only on VWAP or ADX signals if desired.
#### **Caution**
As with all trading strategies, this script should be used for backtesting and analysis before live implementation. It's essential to validate its performance on historical data while considering factors like slippage and transaction costs.
