Cryptonerds

ELLIPSE: Bidirectional Swing Trading Strategy (Alert Version)

This is the alert version of our original script ELLIPSE: Ultimate Bidirectional Swing Trading Strategy.
This release has the same internal algorithm as the ELLIPSE Strategy script. But instead of showing back test results, this script provides the functionality to add alerts that can notify the user via email / pop-up / sms / app once a signal is given! You must manually add these alerts via TradingView. If you need help setting up these alerts, feel free to ask in the comment box or send us a dm .

***The script is invite-only, message us to get script access***

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User Guidelines:

  • The trading strategy was designed and optimized for trading cryptocurrencies only; furthermore it works best on established cryptocurrencies that have a clear historical trend such as:
    BTCUSD
    ETHUSD
    LTCUSD
    XRPUSD
    ADAUSD

  • The trading strategy is based on swing trading methodology. The script must therefore be used on 4h candles only.

  • Use USD trading pairs only (e.g. use ETHUSD instead of the ETHBTC) since the individual trend is captured more effectively and therefore gives better results.

  • The trading strategy is bidirectional, both long and short entries are generated.
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Indicators used in this strategy:

  • Ichimoku Cloud; acts as the leading indicator.

  • Volume; without strong volume , a market move is not valid.

  • MACD and Vortex; both being used as confirmation indicators.

  • Choppiness index; avoids trading in choppy markets.

  • Simple and Exponential Moving Averages; prevents trading against the trend.
The trading strategy is easy to use, bidirectional, trend based and without repainting, meaning once a signal has been made it is permanent and that no future data is used in the decision making. It detects the trend and filters out market noise based on more than 10 technical indicators. ONLY when all indicators align with each other the algorithm prints a LONG or SHORT signal. The trading strategy provides high probability trading signals and minimizes risk! This script aims to capture the profit from short to medium trending moves and by doing so filters out non-substantial trends and avoids the associated risks with these trades.

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Features:

  • NO Repaint once candle is closed.

  • Stop loss feature; set your own stop loss to manage your risks.

  • Customizable Display for the Ichimoku cloud indicator display.

  • Bidirectional; both long and short trading positions can be enabled.

  • Full backtest feature; Easily generate your own backtest results for each asset (Strategy Version Script).

  • Alerts; Get notified via email / pop-up / sms / app once a signal is given! (Alert Version Script).
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Backtest results

Below are the back test results. Only well established cryptocurrencies are displayed with a clear historical trend.
Back test results: (long and short trades, signal to signal, order size: 100% of equity, commision fee 0.1%, period: start of chart)

Exchange-----Asset---------Timeframe---Percent Profitable----Profit Factor-----Total Trades----Max Drawdown---Average bars in trade-----Net Profit
Bínance------BTCUSDT---------4H-----------------54.4---------------3.37-------------------57----------------14.9---------------------38------------------1978
Bínance------ETHUSD----------4H-----------------50.9---------------3.48------------------- 57---------------26.8----------------------37------------------3953
Bínance------LTCUSD-----------4H-----------------61.0---------------3.15-------------------59----------------20.9---------------------33------------------3098
Bínance------XRPUSD----------4H-----------------43.1---------------2.44--------------------51---------------22.4----------------------26------------------1226
Bínance------ADAUSD----------4H-----------------57.5---------------3.47--------------------47---------------34.7----------------------35------------------1233

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Reminder: Use this trading strategy at your own risk and trade responsibly. We are not responsible for any financial loss using this strategy.

***The script is invite-only, message us to get script access***
Note di rilascio: **Update:

We received some good feedback regarding the presentation of our backtest results. In our last backtest results we used a '100% of equity per trade' position size.
However, since this scenario is not very realistic in a swing trading strategy we adjusted it accordingly and decreased our order size to 10% of equity per trade.

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Backtest results

Below are the back test results. Only well established cryptocurrencies are displayed with a clear historical trend:

Long and short trading positions,
Signal to signal trading (no multiple orders),
Initial Capital: 10 000 USD,
Order size: 10% of equity per trade,
commission fee 0.1%, period: start of chart,

Exchange-----Asset------Timeframe---Percent Profitable----Profit Factor---Total Trades----Max Drawdown----------Net Profit------
Bínance------BTCUSDT------4H-----------------54.4---------------5.32-----------------57----------------1.58%------------40.34%-(4034 USD)
Bínance------ETHUSD-------4H-----------------50.9---------------5.01---------------- 57----------------2.96%------------54.93%-(5493 USD)
Bínance------LTCUSD--------4H-----------------61.0---------------5.08-----------------59----------------2.09%------------57.06%-(5706 USD)
Bínance------XRPUSD-------4H-----------------43.13--------------3.52-----------------51----------------2.42%------------43.13%-(4313 USD)
Bínance------ADAUSD-------4H-----------------57.5---------------3.36-----------------47----------------3.46%------------40.82%-(4082 USD)

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Commenti

Can I have the access please?
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that looks ineressting, can I have accsess please?
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Can I have access please this looks really interesting!
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We have added everyone. Good luck!
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Could i have access please?
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Can I have access to both scripts please! Been waiting for this!
Cheers
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Please can I have access to both scripts too. Many thanks, great work!
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Can I have access too please?
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