OPEN-SOURCE SCRIPT

Take Profit On Trend (by BHD_Trade_Bot)

The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit.

The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change.


ENTRY

The buy order is placed on assets that have long-term uptrend and short-term downtrend:
- Long-term uptrend condition: ema200 is going up (rsi200 greater than 51)
- Short-term downtrend condition: 2 last candles are down price (use candlestick for less delay)


CLOSE

The sell order is placed when take profit or stop loss:
- Take profit: price increase 1 BHD unit
- Stop loss: price decrease 2 BHD units


The strategy use $15 and trading fee is 0.1% for each order. So that, in the real-life, if you are using trade bot, it will need $1500 for trading 100 coins at the same time.

Pro tip: The 1-hour time frame for altcoin/USDT has the best results on average.
Bollinger Bands (BB)downtrendExponential Moving Average (EMA)Relative Strength Index (RSI)takeprofituptrend

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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