Profit Sniper 3.0

26 apr 2020

Profit Sniper 3.0 is a completely new Indicator built from the ground up as a successor to previous 1.0 and 2.0 versions of Profit Sniper.

Offering up huge improvements, including multiple position triggers, derived from Bollinger Bands and Chande Momentum as well as our own bespoke stochastic ribbons that provide trend pivots .

Profit Sniper 3.0 has been specifically re-written to simplify usage, and for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader). Another big decision was to remove the MACD from the indicator package, as invariably users preferred using the built-in MACD .

So how does it work?

3.0 operates off two timeframes in parallel, your Trend Timeframe (Higher Timeframe concerned with identifying market up & down trends), and your Trade Timeframe (Lower Timeframe to actually trade Longs & Shorts in).

Within each timeframe, you can tailor your preference for waiting for either Stochastic Ribbon cross only, or Ribbon Cross followed by Chande Confirmation for that additional market structure confidence. Flags & Alerts will then provide you with numerous trading Long & Short trading opportunities per day.

You also have the option to trade with trend so the indicator will automatically flag & alert only Shorts in a Short trend, and Longs in a Long Trend.

If you would like access, please send me a PM.

11 mag 2020

Note di rilascio

V3.0
A revamp of our Profit Sniper indicator, offering up numerous stability and usability improvements, including:

> Define your trade entry based on Ribbon, Ribbon and Rising/Falling MACD & Ribbon and Chande, with tuning settings for each including ribbon length, Chande length & height
> MACD Change exit mode with alerts & visual plots to highlight the optimum place to exit a trade, with tuning settings to tailor it to your own preferred risk profile
> Alerts and visual plots based on customised Take Profit, Stop Loss & Stepped Profit Locker targets for your trades

All alerts can be fully integrated via webhooks with own in-house trading robot known as C.A.T (Crypto Algo Trader).

If you would like access, please send me a PM.

13 mag 2020

Note di rilascio

Minor codefix to enhance profit lockin plot & alert positioning.

13 mag 2020

Note di rilascio

Improved Profit Locker accuracy to better align Profit Sniper Indicator and Strategy. Updated default settings for better user experience.

14 mag 2020

Note di rilascio

Added in All / Long / SHorts & minor bug fixes

16 mag 2020

Note di rilascio

Codefix to improve MACD exit alerts

17 mag 2020

Note di rilascio

Security update & codefix to produce more accurate Long & Short Exit Alerts.

22 mag 2020

Note di rilascio

Improvements to accuracy of calculation of Profit Locker exits

25 mag 2020

Note di rilascio

updated default settings for 1 hour timeframe trading

10 giu 2020

Note di rilascio

- FIxed the FINAL calculation 'bug' in PL so that it doesn't fire early (it fired as a TP if the candle it fired on also happened to have a low larger than the PL value)

- Separated out the 'break even' PL exit and the 'profit' lock in exits

- Added a 'break even' value so the break even PL will get you out at eg $14 = no loss inc fees

10 giu 2020

Note di rilascio

Updated alert conditions to allow separate exit alerts

22 giu 2020

Note di rilascio

Some Code fixes

1 lug 2020

Note di rilascio

Addition of optional Bollinger Band Squeeze criteria to reduce trade risk.
Addition of optional Weekend Trading filter for those who prefer to only trade weekdays.

31 ago 2021

Note di rilascio

Updated Inputs