CryptoNite - Machine Learning Strategy (15Min Timeframe)Greeting Traders! I am back with another ML strategy. :D I kept my word with combining my machine learning algorithms from Python and integrating them into Tradingview. Thanks to Tradingview's new release of Pinescript v5 it is now possible. This strategy respects the Sortino Ratio and was created using 2 years of data for 50 different cryptocurrencies. That is a total of 100 years of data and 44,849 trades to create this strategy. Now let me tell you, my computer and I are exhausted. We both been at it non-stop for about two months everyday. I refine the strategy, and the computer runs 24/7 for a few days to spit out the best results into the terminal. It's been a good run so my computer will finally get some sleep tonight.
So let's talk a little about the features of the strategy. In the settings window, you'll see the Stoploss, Take Profit Parameters, and Date Range. You can change the Date Range, but I recommend to leave the SL/TP parameters how they are because the machine learning algo chose those input. If you wish to change them you are always welcome to do so but backtest results will change. For the Take Profit parameters you'll see on the left side you something labeled time duration(displayed in minutes) and on the right side you'll see take profit values. Let's talk a little bit how they work.
TP_values = {
"0": 0.102,
"133": 0.051,
"431": 0.039,
"963": 0
}
In python, the table looks like this but it is quite easy to understand in Tradingview.
From 0-133 minutes, the strategy is looking to the reach target point 1 at 10.2% profit.
From 133-431 minutes, the strategy is looking to the reach target point 2 at 5.1% profit.
From 431-963 minutes, the strategy is looking to the reach target point 3 at 3.9% profit.
From 963+ minutes, the strategy is looking to break even at 0% profit on target point 4.
Through each target point a sell trigger is active. It will look for the best time to sell even if TP has not been reached.
This helps the trade not stay open too long.
The last thing I need to mention is the textbox displayed on the right side of your chart. This textbox displays the current Take Profit value in dollar amount. So when you're in a trade you'll know what TP target has to be reached when the open trade is active. Throughout time, the target price changes depending how long the trade has been open. If you have any questions feel free to comment down below, and enjoy this strategy!
Cari dalam skrip untuk "range"
Rising ADX strategyI have always been a huge fan of ADX. Its good for finding out good trending moves.
But it has been said that only ADX after 20 or 25 is good for trending market, but few trend gets completed at that level.
So I have come up with a logic to find out the rising ADX. This could be used to determine the trending moves from the start.
Buy signal:
When close is greater than moving average 1 and 2. This moving average can be SMA, EMA, WMA or HMA.
When ADX is greater than the threshold range. I have taken 10 as my minimum range.
Of course important of all ADX should be rising which implies trend is about to start.
Buy exit:
When close is less than moving average 1 and 2. This moving average can be SMA, EMA, WMA or HMA.
When ADX is lesser than the threshold range. I have taken 10 as my minimum range.
ADX falling which implies trend is about to end.
Sell signal:
I don't repeat the above logic again.
Everything similar to buy signal except above moving average. For selling it should be below moving average.
Strategy can be tested for long and short sides.
Note: No Repainting as the logic is very simple.
Using this script we can identify the best timeframe the script trend yields profit.
Test and provide your comments.
DyorTool PremiumWhat is the DyorTool Suite?
It is a toolkit that helps the trader to trade the market emotionless, under any condition.
This package is made of 3 scripts :
DyorTool Premium
DyorTool Oscillator
DyorTool Dashboard
What indicators are in these scripts?
DyorTool Premium
DyorTool Algo which gives buy and sell signals : 4 setups. The stats shown in the picture is set with a leverage of 0.4 on each trade with the commission of Binance ( without reduction ).
Range : 4 setups
Ribbon : 4 setups
Aggressiv Scalping : Trend Following - low UT : 2 setups
EVWMA : 4 setups
Ping Pong scalping : 4 setups
Support Line : 4 setups
DyorTool Oscillator
DyorTool RSI : 8 setups
DyorTool Oscillator : 8 setups
Smart candle color : Filter noise of the market
DyorTool Dashboard
Allows the user to feel the market sentiment with a custom candle
Measure the volatility of the market
Show DyorTool Algo trend
Show the momentum trend and measure his evolution.
Smart Stop Loss and Leverage calculation in order to not get in a trade if you are late, or to protect your capital.
All these indicators allow users to :
Trade the market easier, within a clearly defined framework - range.
Detect macro trend and the nearby momentum
Get early in a trade by entering in a trade with one of the 42 setups explained.
Have realistic target profit
Protect your capital with a smart stop loss and calculate the leverage for a defined stop loss
Detect if the market is with or against you so you are not holding more than you should.
This package is unique in its kind and it is complete. You can either do scalping or day-trading with it.
There are many different indicators in it. And a formation is given to explain in detail each indicator. This formation is easy to understand.
As you saw, each indicator has its own setups. These setups are explained one by one, under what condition you can enter in a trade, how to do it, where to exit, what to understand about the market next.
There is no interpretation possible. You are either in a setup or in a waiting zone.
These indicators are self-sufficient. You don't have to use all of them, and not at the same time. You use the ones which fit you better.
Point of possible Reversal (PPR): forex Strategypoint of possible Reversal, PPR :
in this strategy I have tried to find out the possible Reversal points in the forex pairs. It’s the most resisted levels from where the trend takes up a particular direction. These PPR can lead the price in any direction depending upon the time zone its happening in.
In this strategy once the code finds a PPR it then checks for suitable time zone then it checks for the RSI confirmation, it checks for the Parkinson Volatility, it checks for internal Bar Strength (refer below for more information)
The following setting details will help you in the understanding the strategy and indicator used:
This indicator contains the following setting:
1.Fixed trading sessions for Long and Short
i. Fixed trading session for long trades (long position can be taken in that period of time only)
ii. Fixed trading session for short trades (Short position can be taken in that period of time only)
The concept behind restricting the time to go long or short is because in forex the particular pair move in a particular direction depending upon the currency and time zones.
This strategy works on different forex pairs, you need to find the best settings. I will be providing the best settings which works for this strategy and different pairs.
2.Setting for back test selection date range you can check the beck test of a particular time range.
3.You can check Long and Short positions performance separately, by unchecking the “ Go_long ” option it will remove all long positions from back test. Vice versa for “ Go_short "option
4.Internal Bar Strength
IBS is simply an indicator where you buy on weakness and sell on strength, the cornerstone of any mean-reverting strategy.
It oscillates from zero to one and measures the relative position of the closing price relative to the High and Low.
IBS = (Close – Low) / (High – Low)
In the input setting the you can disable enable the IBS option from the strategy.
5. Parkinson volatility
Parkinson volatility is a volatility measure that uses the stock’s high and low price of the day (can be changed in the setting, instead of day it can be set to any bar length)
The main difference between regular volatility and Parkinson volatility is that the latter uses high and low prices for a day, rather than only the closing price.
In the setting you have three option
1. Enter Volatility Threshold
If the Parkinson volatility value is greater than the the threshold value then it lets the trade happen.
2.Set the high/low bar time frame for calculating Parkinson volatility. ( Set 60m by default)
Formula used as below:
high_=security(syminfo.ticker, input("60"), high)
low_=security(syminfo.ticker, input("60"), low)
hourlyRangeSquared = pow((log(high_) - log(low_)), 2)
dailyParkinsonVol = sqrt(sum(hourlyRangeSquared, 24) / (4 * log(2)))
6. "Enter no of contract size"
This setting helps you to set the contract size , by default it is set to 100000.
7.This setting is for the PPR, in this you can change the search of PPR in another time frame, you can add higher timeframe PPR in the chart, by default the PPR is set to search for current time frame PPR.
8.Futrther confirmation of trade is done through the RSI criteria . In this I have provided four kind of RSI confirmation you can test all by selecting any one of the four.
1. filter trade on the basis of BB of RSI (as shown in the image)
2. filter trade on the basis of RSI Levels (RSI>50 for long, vice versa for short)
3. filter trade by rsi>basis of BB of RSI(for long) & rsi<50(for short)
4. filter trade by rsi>50(long) & rsi< basis of BB of RSI(short)
SELECT ONLY ONE OF THE ABOVE IN SETTING.
9.For Exiting the trade I have used the trailing SL you can change it in setting.
You can exit the trade using two targets (two take profit) using different size for editing the trade.
If you want to take only on target then you have to make QANTITY of shares for 1st Exit as 100. Then you will exit all your position in the first target achieved.
A big thanks to kodify.net there articles are very helpful kodify.net
Thanks to stack overflow community for clearing the doubts.
Thanks to Mickey for providing assistance.
Trading view official documentation on V4 of pine script also helped me.
Break of structure (BOS) forex StrategyPlease read all Details before using this indicator
This strategy is based on taking position after the break of a Previous High/Low swing happens (fixed time frame), the break of structure happens because of the swing happens then we go long or short respectively in this strategy.
I will be discussing the setting details through which you can make it work on different forex pairs.
Does it work on other pairs?
Yes, I have found similar back test results on other USD pairs.
Does it works on smaller time frame?
Yes it does work on smaller time frame , you have to understand the below concepts used and try different settings.
For the user the most important thing is to understand the settings of the indicator so that they can optimize the setting and get the best results:
This indicator contains the following IMPORTANT setting:
i. Fixed trading session for long trades (long position can be taken in that period of time only)
ii. Fixed trading session for short trades (Short position can be taken in that period of time only)
The concept behind restricting the time to go long or short is because in forex the particular pair move in a particular direction depending upon the currency and time zones.
This strategy works on different forex pairs, you need to find the best settings. I will be providing the best settings which works for this strategy and different pairs.
2. Choose Previous High/Low Timeframe
This is the most important option where you have to choose the timeframe for which you want H/L by default it is set to “D”. This timeframe H/L reference will be taken for taking trading decisions.
3.Setting for back test selection date range you can check the beck test of a particular time range.
4.You can check Long and Short positions performance separately, by unchecking the “Go_long” option it will remove all long positions from back test. Vice versa for “Go_short option”
5.Internal Bar Strength
IBS is simply an indicator where you buy on weakness and sell on strength, the cornerstone of any mean-reverting strategy.
It oscillates from zero to one and measures the relative position of the closing price relative to the High and Low.
IBS = (Close – Low) / (High – Low)
In the input setting the you can disable enable the IBS option from the strategy.
6. Parkinson volatility
Parkinson volatility is a volatility measure that uses the stock’s high and low price of the day (can be changed in the setting, instead of day it can be set to any bar length)
The main difference between regular volatility and Parkinson volatility is that the latter uses high and low prices for a day, rather than only the closing price.
In the setting you have three option
i. Enter Volatility Threshold
If the Parkinson volatility value is greater than the the threshold value then it lets the trade happen.
ii.Set the high/low bar time frame for calculating Parkinson volatility. ( Set 60m by default)
Formula used as below:
high_=security(syminfo.ticker, input("60"), high)
low_=security(syminfo.ticker, input("60"), low)
hourlyRangeSquared = pow((log(high_) - log(low_)), 2)
dailyParkinsonVol = sqrt(sum(hourlyRangeSquared, 24) / (4 * log(2)))
7. "Enter no of contract size"
This setting helps you to set the contract size , by default it is set to 100000.
8. “Zigzag Filter Length” this setting is for SWING H/L Lookback. With the help of this I have ploted Swing Support and Resistance.
9.Futrther confirmation of trade is done through the RSI criteria. In this I have provided four kind of RSI confirmation you can test all by selecting any one of the four.
i. filter trade on the basis of BB of RSI (as shown in the image)
ii. filter trade on the basis of RSI Levels (RSI>50 for long, vice versa for short)
iii. filter trade by rsi>basis of BB of RSI(for long) & rsi<50(for short)
iv. filter trade by rsi>50(long) & rsi< basis of BB of RSI(short)
SELECT ONLY ONE OF THE ABOVE IN SETTING.
10.For Exiting the trade I have used the trailing SL you can change it in setting.
You can exit the trade using two targets (two take profit) using different size for exiting the trade.
If you want to take only on target then you have to make QANTITY of shares for 1st Exit as 100. Then you will exit all your position in the first target.
A big thanks to kodify.net there articles are very helpful kodify.net
Thanks to Mickey for providing assistance.
Thanks to stack overflow community for clearing the doubts.
Trading view official documentation on V4 of pine script also helped me.
2Tier Ichimoku Pyramiding [Takazudo]Ichimoku based pyramiding strategy example that was tested on 4h TF.
makes the first entry when 2Tier Kumo breakout was occurred.
makes the extra entries when higher-low (on long) or lower-high (on short) was occurred.
uses short term MACD reversal + stop entry as a confirmation of the trend.
slack trailing stop loss.
changes entry quantity by the percentage of SL.
prevents the ranged entry.
This is just an example of how to trade using Ichimoku signals.
ASHISH_Momentum Finder"Momentum finder" finds pre momentum signal as per multi time frame analysis..
when indicator makes top it shows trending move is about to come.. it can also verified by breaking of recent range.
1. when indicator goes top to bottom it is trending period.
2. when indicator goes bottom to top it is range bound period..
NOTE:
THIS INDICATOR TO BE USED ON OR BELOW 45 MINUTES TIME FRAME ONLY..
DISCLAIMER:
THIS IS FOR EDUCATIONAL PURPOSE ONLY..
TAKE TRADE AS PER YOUR AUTHORIZED ADVISOR..
Gladiator USDJPY1 ) This strategy is based on VWAP.
2 ) This strategy is based on BB+.
3 ) This strategy is based on a range.
4 ) This strategy has only longs. Shorts are separate.
It buys according to a flat position 10000 JPY per order.
Maximum positions are 1000 000 JPY which is 10x leverage with an initial balance of 100 000 JPY.
Take profit scales with a recent price range during an uptrend.
During a downtrend, there is a static take profit.
Commisions are 0.02JPY per contract.
Slippage is 5 pips.
ArbaArba is a trading strategy automation to use in ranges of 4H and D and it may be configured by setting up the ranges of slow simple moving average and fast simple moving average.
The strategy filters in a number of possibilities for possible entries and exits for this specific pair.
You can use it connected to your Poloniex API keys to make automated trading in the above-mentioned timeframes.
Chop Chop Sticky Strategy BETAOriginal author: HPotter
Sharing for test.
More filters will be added to this to remove rangebound chop
S&P 500 Benchmark Strategy
This strategy is a Benchmark Trend trading strategy. I used it primarily to measure my private algorithms against. It works on a variety of instruments at intervals between 1m and 1d (you'll have to play with some of the ranged variables in these cases). It was primarily designed to trade the 15 minute interval on SPX derived products. S&P E-Mini contract featured above.
It hits what I consider to be key targets when developing an algo:
1. Avg Trade is above $50
2. Profit Factor is above 1.2 (preferably above 1.5)
3. Has a relatively small draw-down
4. Is able to be traded both long and short
Notes/Options:
Can trade within market hours (default), outside market hours (with open inside), or anytime
Can adjust lengths for trend calculations
Algo tries its best to avoid fake-outs by using a volume component, this means that it misses 'slow rises' sometimes
By default it tries to only enter trades between 0930 and 1600. If the trade has left the station, it will wait for the next setup.
Stop loss level has a big impact on performance per instrument - default is 20 ticks but this has to be changed per instrument (I plan on updating this with code to auto-magically generate appropriate stop levels
As a Trend Following algorithm, it is vulnerable to chop zones but has been particularly resilient over the past few months when traded at 15m or 1h intervals. It is designed to trade against the 'current' market that has more frequent whipsaws. When used over generic bull market periods, it fails due to the high number of failed short trades and trimmed long trades. It works in a medium/high volatility environment.
LiquiBreak — Semi-Automatic Breakout, Gap & Trend-Filter StrategLiquiBreak is a semi-automatic breakout + gap detection strategy that combines pivots, a volatility filter and an optional Supertrend direction check to generate entry signals. It can optionally place take-profit and stop-loss orders in points. Use it to highlight high-probability breakout/gap setups and to automate exits when you want — otherwise treat its signals as trade alerts that require your confirmation.
📌 LiquiBreak — Semi-Automatic Breakout, Gap & Trend Strategy
1. Overview
1. LiquiBreak is a semi-automatic breakout + gap strategy designed to catch high-quality moves with volatility confirmation.
2. Uses pivot-based support/resistance , gap detection , Supertrend filtering , and optional automatic TP/SL in points .
3. Works on all assets and timeframes, especially effective on XAUUSD, Indices, Crypto and FX pairs .
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2. What This Script Detects
1. Breakouts above resistance and below support during strong volatility.
2. Bullish & bearish gap patterns confirmed with momentum sequences.
3. Dynamic volatility zones based on normalized ATR ranges.
4. Optional Supertrend trend direction for filtering bad signals.
5. Automatic TP/SL orders when enabled.
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3. Recommended Indicators to Combine With
To increase accuracy and reduce false breakouts:
1. Supertrend (included) – best for trend direction.
2. EMA 9/21 or EMA 20/50 – confirms trend strength & pullbacks.
3. RSI or Stoch RSI – avoid overbought/oversold breakouts.
4. VWAP – institutional bias & fair value zones.
5. CPR / Pivot Points – confluence with breakout levels.
6. MACD – trend confirmation on higher timeframe.
7. Volume Profile (optional) – find breakout liquidity zones.
These indicators help filter low-quality signals without affecting the script’s core logic.
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4. Key Features
1. Volatility-based pivot support & resistance .
2. Reliable breakout confirmation using real-time volatility strength.
3. Strong gap pattern detection with ATR threshold.
4. Optional Supertrend confirmation for safer entries.
5. Point-based Take Profit / Stop Loss .
6. Toggle on/off: Longs, Shorts, TP, SL .
7. Semi-automatic execution — not fully automated.
8. Clean, optimized structure for stability and speed.
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5. Inputs / Settings
1. Pivot / Levels Period – defines structural S/R levels.
2. Volatility Filter (%) – prevents low-quality signals.
3. TP Points – automatic take-profit target.
4. SL Points – automatic stop-loss.
5. Enable TP / Enable SL – full exit control.
6. Allow Long / Allow Short – direction control.
7. Supertrend Filter – filter weak counter-trend trades.
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6. How to Use the Strategy
1. Select timeframe & tune pivot/volatility settings.
2. Enable/disable automatic TP/SL based on your style.
3. Turn ON Supertrend for safer trend-based trades.
4. Confirm signals using EMA, RSI, VWAP, Volume or CPR.
5. Watch for high-volatility breakouts near key levels.
6. Use multiple timeframe analysis for stronger confirmation.
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7. Important Warning (User Must Monitor Trades)
⚠ This script is NOT a fully automatic bot.
1. You MUST monitor the chart while using this strategy.
2. You MUST manually close trades if market conditions change.
3. Auto TP/SL helps, but during news events or fast markets, slippage may occur.
4. Treat this script as a signal + entry assistant , not a fire-and-forget system.
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8. Best Practices
1. Works best on XAUUSD, NAS100, BTC, ETH, EURUSD .
2. Avoid major news unless experienced.
3. Increase volatility filter during choppy markets.
4. Use M15–H1 for clean breakouts; M5 for scalping.
5. For beginners: keep TP/SL enabled for safety.
6. Backtest first → then paper trade → then live trade.
---
9. Disclaimer
1. For educational and research purposes only .
2. Not financial advice.
3. User is fully responsible for their trades and risk.
4. Past performance does not guarantee future results.
Shockwave⚡️ Shockwave – Precision Momentum Strategy
🔹 Purpose
Shockwave is a precision-engineered trend and momentum strategy designed for aggressive, high-conviction trades. Built for volatile markets like crypto, this system enters only when trend, volume, and momentum are fully aligned — then exits intelligently using layered profit targets and trend weakening logic.
It filters out false breakouts, traps, and low-quality setups using advanced multi-factor confirmation. Ideal for trend-following traders who want cleaner signals, no repainting, and adaptive position handling.
🔹 Indicator Breakdown
1️⃣ ZLEMA + Gradient Filter (Trend Core)
Defines the trend using a Zero Lag EMA (ZLEMA) for responsiveness.
Gradient slope confirms acceleration or weakening in trend direction.
Uptrend: ZLEMA is rising and slope > 0.
Downtrend: ZLEMA is falling and slope < 0.
2️⃣ Smoothed CCI (Momentum Confirmation)
Uses ZLEMA as the source for CCI to avoid noise.
Bullish momentum: CCI rising above 0.
Bearish momentum: CCI falling below 0.
Filters out chop and premature entries.
3️⃣ Volume Spike Filter
Median-based filter confirms breakout volume integrity.
Requires volume > 1.5x median of previous candles.
Avoids low-volume whipsaws.
4️⃣ Vortex Indicator (Trend Strength Confirmation)
Confirms directional conviction by comparing VI+ vs VI–.
Long: VI+ > VI– and threshold difference is met.
Short: VI– > VI+ and trend strength is validated.
5️⃣ Wick Trap Filter (Reversal Trap Detection)
Blocks entries on manipulative upper/lower wick patterns.
Longs rejected if upper wick > 1.5× body and close is weak.
Shorts rejected if lower wick > 1.5× body and close is strong.
🔹 Strategy Logic & Trade Execution
✅ Entry Conditions
A trade is entered only when all the following align:
ZLEMA trend direction is confirmed.
CCI momentum matches the trend.
Volume spike confirms participation.
Vortex difference meets strength threshold.
No wick trap is present.
✅ Exit Conditions
TP1: 50% of the position is closed at the first profit level.
TP2: Remaining 50% is closed at the second target.
Weak Trend Exit: If ZLEMA slope flips against the trade, the position is closed early.
A 1-bar cooldown delay is enforced after closing to prevent same-bar reentry.
🔹 Take-Profit System
TP1: 50% close at +2% for longs / –2% for shorts
TP2: Full close at +4% for longs / –4% for shorts
Limit orders are used for precise profit-taking
TP1/TP2 status is tracked and displayed in the live dashboard
🔹 Risk Management (Important)
🚫 This strategy does not include a stop-loss by default.
Trades are exited using trend reversal detection or TP targets.
💡 Suggested risk controls:
Add a manual stop-loss based on recent swing high/low
Use appropriate position sizing based on volatility
Apply the strategy in strong trending environments
🔹 Default Backtest Settings
Initial Capital: $1,000
Position Size: 10% of equity per trade
Commission: 0.05%
Slippage: 1
Strategy Date Filter: Adjustable (default: 2023–2029)
🔹 How to Use Shockwave
Apply to any chart (best results on 1H or higher).
Review backtest performance.
Adjust take-profit percentages or thresholds as needed.
Use in strongly trending markets — avoid sideways ranges.
Add your own stop-loss if desired.
⚠️ Disclaimer
This strategy is for educational and informational purposes only. It is not financial advice. Trading involves risk, and past performance does not guarantee future results. Always test thoroughly and manage your own risk.
🚀 Why Use Shockwave?
✔ Multi-layer confirmation for high-quality entries
✔ Non-repainting logic for backtest/live consistency
✔ Adaptive trend/momentum filtering
✔ Dual profit targets for smart trade management
✔ Visual dashboard with live tracking
Trade Entry Detector, Wick to Body Ratio Trade Entry Detector: Wick-to-Body Ratio Strategy with Bollinger Bands
Overview
The Trade Entry Detector is a custom strategy for TradingView that leverages the Bollinger Bands and a unique wick-to-body ratio approach to capture precise entry opportunities. This indicator is designed for traders who want to pinpoint high-probability reversal points when price interacts with Bollinger Bands, all while offering flexible entry fill options.
The strategy performs primary analysis on the daily time frame, regardless of your current chart setting, allowing you to view daily Bollinger Band levels and entry signals even on lower time frames. This approach is suitable for swing traders and short-term traders looking to align intraday moves with higher time frame signals.
How the Strategy Works
1. Bollinger Band Analysis on the Daily Time Frame
Bollinger Bands are calculated using a 20-period simple moving average (SMA) and a standard deviation multiplier (default is 2). These bands dynamically expand and contract based on market volatility, making them ideal for identifying overbought and oversold conditions:
* Upper Band: Indicates potential overbought levels.
* Lower Band: Indicates potential oversold levels.
2. Wick-to-Body Ratio Condition
This strategy places significant emphasis on candle wicks relative to the candle body. Here’s why:
* A large upper wick relative to the body signals potential selling pressure after testing the upper Bollinger Band.
* A large lower wick relative to the body indicates buying support after testing the lower Bollinger Band.
* Ratio Threshold: You can set a minimum wick-to-body ratio (default is 1.0), meaning that the wick must be at least equal in size to the body. This ensures only candles with significant reversals are considered for entry.
3. Flexible Entry Timing
To adapt to various trading styles, the indicator allows you to choose the entry fill timing:
* Daily Close: Enter at the close of the daily candle.
* Daily Open: Enter at the open of the following daily candle.
* HOD (High of Day): Set entry at the daily high, for those who want confirmation of upward momentum.
* LOD (Low of Day): Set entry at the daily low, ideal for confirming downward movement.
4. Position Sizing and Risk Management
The strategy calculates position size based on a fixed risk percentage of your account balance (default is 1%). This approach dynamically adjusts position sizes based on stop-loss distance:
* Stop Loss: Placed at the nearest swing high (for shorts) or swing low (for longs).
* Take Profit: Exits are triggered when the price reaches the opposite Bollinger Band.
5. Order Expiration
Each pending order (long or short) expires after two days if unfilled, allowing for new setups on subsequent candles if conditions are met again.
Using the Trade Entry Detector
Step-by-Step Guide
1. Set the Primary Time Frame
The core calculations run on the daily time frame, but the strategy can be applied to intraday charts (e.g., 65-minute or 15-minute) for deeper insights.
2. Adjust Bollinger Band Settings
* Length: Default is 20, which determines the period for calculating the moving average.
* Standard Deviation Multiplier: Default is 2.0, which sets the width of the bands. Adjusting this can help you capture broader or tighter volatility ranges.
3. Define the Wick-to-Body Ratio
Set the minimum ratio between wick and body (default 1.0). Higher values filter out candles with less wick-to-body contrast, focusing on stronger rejection moves.
4. Choose Entry Fill Timing
Select your preferred fill condition:
* Daily Close: Confirms the trade at the end of the daily session.
* Daily Open: Executes the entry at the open of the next day.
* HOD/LOD: Uses the daily high or low as an additional confirmation for upward or downward moves.
5. Position Sizing and Risk Management
* Set your account balance and risk percentage. The strategy automatically calculates position sizes based on the stop distance to manage risk efficiently.
* Stop Loss and Take Profit points are automatically set based on swing highs/lows and opposing Bollinger Bands, respectively.
Practical Example
Let’s say SPY (S&P 500 ETF) tests the lower Bollinger Band on the daily time frame, with a lower wick that is twice the size of the body (meeting the 1.0 ratio threshold). Here’s how the strategy might proceed:
1. Signal: The lower wick on SPY suggests buying interest at the lower Bollinger Band.
2. Entry Fill Timing: If you’ve selected "Daily Open," the entry order will be placed at the next day's open price.
3. Stop Loss: Positioned at the nearest daily swing low to minimize risk.
4. Take Profit: If SPY price moves up and reaches the upper Bollinger Band, the position is automatically closed.
Indicator Features and Benefits
* Multi-Time Frame Compatibility: Perform daily analysis while tracking signals on any intraday chart.
* Automatic Position Sizing: Tailor risk per trade based on account balance and desired risk percentage.
* Flexible Entry Options: Choose from close, open, HOD, or LOD for optimal timing.
* Effective Trend Reversal Identification: Uses wick-to-body ratio and Bollinger Band interaction to pinpoint potential reversals.
* Dynamic Visualization: Bollinger Bands are displayed on your chosen time frame, allowing seamless intraday tracking.
Summary
The Trade Entry Detector provides a unique, data-driven way to spot reversal points with customizable entry options. By combining Bollinger Bands with wick-to-body ratio conditions, it identifies potential trade setups where price has tested extremes and shown reversal signals. With its flexible entry timing, risk management features, and multi-time frame compatibility, this indicator is ideal for traders looking to blend daily market context with shorter-term execution.
Tips for Usage:
* For swing trading, consider the Daily Open or Close entry options.
* For momentum entries, HOD or LOD may offer better alignment with the direction of the wick.
* Backtest on different assets to find optimal Bollinger Band and wick-to-body settings for your market.
Use this indicator to enhance your understanding of price behavior at key levels and improve the precision of your entry points. Happy trading!
Combo 2/20 EMA & CCI
This is another part of my research work, where I test a combination of two strategies, receiving a combined signal. In order to understand which indicator combinations work better, which work worse, as filters for trades. This is combo strategies for get a cumulative signal.
First strategy
This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.
Second strategy
The Commodity Channel Index (CCI) is best used with markets that display cyclical or seasonal characteristics, and is formulated to detect the beginning and ending of the cycles by incorporating a moving average together with a divisor that reflects both possible and actual trading ranges. The final index measures the deviation from normal, which indicates major changes in market trend.
Strategy tester settings:
Initial capital: 1000
Order size: 0.5
Commission: 0.1%
Other as default.
Indicator settings:
EMA Length: 50
CCI Length: 10
Fast MA Length: 15
Slow MA Length: 20
Other as default.
WARNING:
- For purpose educate only
- This script to change bars colors.
Chande Momentum Oscillator (CMO) Buy Sell Strategy [TradeDots]The "Chande Momentum Oscillator (CMO) Buy Sell Strategy" leverages the CMO indicator to identify short-term buy and sell opportunities.
HOW DOES IT WORK
The standard CMO indicator measures the difference between recent gains and losses, divided by the total price movement over the same period. However, this version of the CMO has some limitations.
The primary disadvantage of the original CMO is its responsiveness to short-term volatility, making the signals less smooth and more erratic, especially in fluctuating markets. This instability can lead to misleading buy or sell signals.
To address this, we integrated the concept from the Moving Average Convergence Divergence (MACD) indicator. By applying a 9-period exponential moving average (EMA) to the CMO line, we obtained a smoothed signal line. This line acts as a filter, identifying confirmed overbought or oversold states, thereby reducing the number of false signals.
Similar to the MACD histogram, we generate columns representing the difference between the CMO and its signal line, reflecting market momentum. We use this momentum indicator as a criterion for entry and exit points. Trades are executed when there's a convergence of CMO and signal lines during an oversold state, and they are closed when the CMO line diverges from the signal line, indicating increased selling pressure.
APPLICATION
Since the 9-period EMA smooths the CMO line, it's less susceptible to extreme price fluctuations. However, this smoothing also makes it more challenging to breach the original +50 and -50 benchmarks.
To increase trading opportunities, we've tightened the boundary ranges. Users can customize the target benchmark lines in the settings to adjust for the volatility of the underlying asset.
The 'cool down period' is essentially the number of bars that await before the next signal generation. This feature is employed to dodge the occurrence of multiple signals in a short period.
DEFAULT SETUP
Commission: 0.01%
Initial Capital: $10,000
Equity per Trade: 80%
Signal Cool Down Period: 5
RISK DISCLAIMER
Trading entails substantial risk, and most day traders incur losses. All content, tools, scripts, articles, and education provided by TradeDots serve purely informational and educational purposes. Past performances are not definitive predictors of future results.
Strategy of Strategic Trend By TrendciHocaHello everyone, this strategies, which is actually the Strategic Trend indicators strategy, which is one of the most used indicators in the market, also has the following features.
In 15 min interval choosen speacial ATR and ATR multiplier by default it get more profit. The ATR is then a moving average, generally using 14 bars, of the true ranges. But as seen on strategy its changed the 11 for most profit for 15 min interval. You can change settings for different intervals. This indicator must combined with the Strategic Trend by TrendciHoca indicator. . You must change only ATR length and ATR multiplier part of on the strategy.
Barcolors change with crossover 1 bar EMA with cross with ATR value.
Renko Strategy V2Version 2.0 of my previous renko strategy using Renko calculations, this time without using Tilson T3 and without using security for renko calculations to remove repaint!
Seems to work nicely on cryptocurrencies on higher time frames.
== Description ==
Strategy gets Renko values and uses renko close and open to trigger signals.
Base on these results the strategy triggers a long and short orders, where green is uptrending and red is downtrending.
This Renko version is based on ATR, you can Set ATR (in settings) to adjust it.
== Notes ==
Supports alerts.
Supports backtesting time ranges.
Shorts are disabled by default (can be enabled in settings).
Link to previous Renko strategy V1:
Stay tuned for version V3 in the future as i have an in progress prototype, Follow to get updated:
www.tradingview.com
Trend-following Strategy E v2.7 4HHi All,
Welcome to my third published Trend-following strategy for bitcoin , designed specifically for BITMEX:XBTUSD on 4H.
This is an improvement of my second script (v2.6) to try and reduce 'chop' in consolidating ranges.
In order to set up Alerts for this strategy, I've created a second script called Trend-following Alert E v2.7 4H which you can find here:
Here you will find the "active_long" and "active_long" variables (red and blue lines) that show which positions are being taken by the strategy script.
You can set 'Once per bar close' alerts for this to get your alerts on TV.
For instance, I use 'crossing up @ 0.1' on "active_long" to set an 'Open Long" alert and a 'crossing down @ 0.9' to set a 'Close Long' alert.
The same holds for the 'Open Short' and the 'Close Short' alerts but then for the 'active_short' variable.
As you can see from the backtest I've done my best to create a decent ROI with limited DD.
Compared to the previous version (v2.6), the following has been improved:
- Accuracy has been increased from 49 to 63%
- Max. DD. has been reduced by 40%
- ROI/DD has been increased by 77%
You can also run this backtest/strategy with '100% of equity' but I would advise against trading this as your risk will fundamentally increase.
With a constant order size this strategy should be quite safe to use.
Going from the results it's clear that this strategy excels during clear bull/bear trends but might suffer a little bit during market chop (hopefully less with this update)
There are two inputs that can be modified on this strategy, however I think the current settings are optimal for this market on the 4H candle.
I've also added start and end dates to test specific time periods.
Please let me know if you have any questions.
Super Pivot Reversal Strategy with MA CloseVery Succesful Pivot Reversal Strategy
- This strategy works best with 1H and 4H Heikin Ashi charts.
- First year is small, second year is a nice chunk, third year your a multi-millionaire by far.
- Short & Long entry amounts are percentage of total capital to keep wallet and risk management in check.
- Entries close either when another short or long entry is placed or when SMA/EMA is crossed over to keep drawdowns low.
- Can selectively back test individual date ranges.
- All back testing is based upon an initial $1000 USD capital investment.
- Back test gives great results on EURUSD, USDJPY, USDCAD and many other forex currency pairs. Don't recommend using it on GBPUSD.
Code is currently closed while I tweak it further, but I wanted to get it out here to share and see if anyone is interested.
Bedrock Bot - BTCUSD 30m Scalper BotBedrock Bot trades on BTCUSD charts and is a high frequency scalper bot - for those that like a little more action.
The strategy was developed for use on more recent market conditions - smaller trends within larger sideways ranges. It will work in trends as well. It is made for quick take profits and tight stop losses to maximize overall profit and minimize losses (check out the win ratio and downdraw results). It does not trade on the weekends as much of the volume is now weekday based.
Backtest results look great and we have been running this bot on live markets as well in forward testing with profit results.
These live tests were done exclusively on BitMex and by using automation on Crypto Bots Hub . Monthly returns have been around 8% - you may think this doesn't sound amazing but understand compound interest and do check out the win percentage and downdraw. In these sideways markets, this can keep building your profits slow and steady with minimal risk.
The bot controls entries, stop losses, and take profits as part of the code.
Message me on information to get free access.
