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Trend-following Alert E v2.6 4H ETHBTC

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Hi All,

Welcome to my first published Trend-following strategy for Ethereum, designed specifically for POLONIEX:ETHBTC on 4H due its long price history.
This script is based on my previously published scripts for bitcoin.

This script is the Alert script to use for settings up Alerts on Tradingview.
The accompanying strategy script and explanations/caveats you can find here:
Trend-following Strategy E v2.6 4H ETHBTC


In this script 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.

I've also added start and end dates to test specific time periods.

Please let me know if you have any questions.
Note di rilascio
Updated logic to detect and prevent chop, resulting in improved ROI/Sharpe/Profit Factor

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.