OPEN-SOURCE SCRIPT
Momentum-Based Bitcoin Strategy
Momentum-Based Bitcoin Strategy with Multi-Timeframe Confirmation
This Pine Script strategy is designed for Bitcoin traders looking to capture momentum-driven breakout moves and potential reversals. The script leverages key technical indicators such as moving average crossovers (EMA-20 and EMA-50), MACD crossovers, and RSI oversold conditions to generate buy signals. It integrates multi-timeframe analysis by confirming trends on higher timeframes (e.g., daily) while executing entries on lower timeframes (e.g., hourly).
Key Features:
Multi-Timeframe Analysis: Confirms higher timeframe trends before entering trades.
Momentum Signals: Moving average and MACD crossovers for breakout detection.
Dynamic Risk Management: ATR-based stop losses for position sizing and volatility control.
Alerts: Push notifications for both entries and exits to stay updated in real time.
Use Case: Ideal for momentum traders who want to combine technical confluence and dynamic risk management to capture breakout movements and limit downside risk effectively.
This Pine Script strategy is designed for Bitcoin traders looking to capture momentum-driven breakout moves and potential reversals. The script leverages key technical indicators such as moving average crossovers (EMA-20 and EMA-50), MACD crossovers, and RSI oversold conditions to generate buy signals. It integrates multi-timeframe analysis by confirming trends on higher timeframes (e.g., daily) while executing entries on lower timeframes (e.g., hourly).
Key Features:
Multi-Timeframe Analysis: Confirms higher timeframe trends before entering trades.
Momentum Signals: Moving average and MACD crossovers for breakout detection.
Dynamic Risk Management: ATR-based stop losses for position sizing and volatility control.
Alerts: Push notifications for both entries and exits to stay updated in real time.
Use Case: Ideal for momentum traders who want to combine technical confluence and dynamic risk management to capture breakout movements and limit downside risk effectively.
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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