OPEN-SOURCE SCRIPT

Supertrend + MACD Crossover

849
Key Elements of the Template:
Supertrend Settings:

supertrendFactor: Adjustable to control the sensitivity of the Supertrend.

supertrendATRLength: ATR length used for Supertrend calculation.

MACD Settings:

macdFastLength, macdSlowLength, macdSignalSmoothing: These settings allow you to fine-tune the MACD for better results.

Risk Management:

Stop-Loss: The stop-loss is based on the ATR (Average True Range), a volatility-based indicator.

Take-Profit: The take-profit is based on the risk-reward ratio (set to 3x by default).

Both stop-loss and take-profit are dynamic, based on ATR, which adjusts according to market volatility.

Buy and Sell Signals:

Buy Signal: Supertrend is bullish, and MACD line crosses above the Signal line.

Sell Signal: Supertrend is bearish, and MACD line crosses below the Signal line.

Visual Elements:

The Supertrend line is plotted in green (bullish) and red (bearish).

Buy and Sell signals are shown with green and red triangles on the chart.



Next Steps for Optimization:
Backtesting:
Run backtests on BTC in the 5-minute timeframe and adjust parameters (Supertrend factor, MACD settings, risk-reward ratio) to find the optimal configuration for the 60% win ratio.

Fine-Tuning Parameters:

Adjust supertrendFactor and macdFastLength to find more optimal values based on BTC's market behavior.

Tweak the risk-reward ratio to maximize profitability while maintaining a good win ratio.

Evaluate Market Conditions:
The performance of the strategy can vary based on market volatility. It may be helpful to evaluate performance in different market conditions or pair it with a filter like RSI or volume.

Let me know if you'd like further tweaks or explanations!

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.