Power Trader Study The Power Trader is an indicator based around the Balance of Power Oscillator. Balance of Power is a price-based measurement that evaluates and compares the strength of buyers and sellers by assessing their respective abilities to push prices to extreme points(both extreme highs and extreme lows).
BoP values fluctuate between a maximum value of 100 and a minimum value of -100. When the BoP value is greater than 0, it indicates that buying pressure is greater than selling pressure. Conversely, negative BoP readings mean that selling pressure is greater than buying pressure.
The exponential moving average of Balance of Power values is displayed as a gray line on the chart. The upper red line represents the upper bound at which a security is considered overbought. The lower green line represents the threshold where we start to consider a security to be in an oversold state.
When the gray BoP EMA line crosses below the lower green line, it changes color to green then changes back to gray once it crosses back above that lower threshold. Similarly, the line turns red when it crosses above the upper red line.
When the EMA line is between the upper and lower bounds, it signifies that there is no significant difference between the power of buyers versus the power of sellers. The top red area indicates that the amount of buying pressure is relatively high. The lower green area means that selling pressure is abnormally high.
When the BoP line falls between the red and green areas, do not take action. When the BoP line turns green and is inside the green area, enter a long position. When the BoP line rises above the red line and into the upper red area, exit the long position.
Entry signals are displayed as vertical green lines that extend the length of the chart. Exit signals are represented by the same lines, except in red.
Users can decide the order of signals in the input option menu through the ‘allow repeat signals’ parameter. If this is set to false, the study will generate signals in the logical chronologic order of . If it is set to true, then signals will be generated as they come, regardless of whether the last signal was its inverse. This means that it could generate sequences like this for example .
Additionally, the stop and limit can also be set in the input menu through the ‘stop’ and ‘limit’ options. This input option accepts parameters of type float (ie: numbers that contain decimals).
The 'Upper Bound for BoP Values' and 'Lower Bound for BoP Values' input options gives traders the option to adjust the upper and lower thresholds for buy and sell signals. It is important to note that setting the upper bound higher or the lower bound lower will result in less frequent signals (and vice versa).
When it is time to enter a long position, an alert with the following message is sent “Power Trader - High Sell Pressure, Enter Long”.
When it is time to exit a long position, an alert with the following message is sent “Power Trader - High Buy Pressure, Exit Long”.
The Power Trader, along with all of our other invite-only scripts, can be found on our website:
profitprogrammers.com
BTCUSD
Double RSI StudyHere is the study version of our recent Double RSI strategy based on a Hull RSI and ALMA RSI.
The study version includes alerts for signals generated by both RSI's. It also includes an option to allow repeat signals, as well as tons of plotting options, etc.
If interested in a 3 day trial, feel free to send a message and check out our website ProfitProgrammers.com !
Double RSI Strategy(ALMA RSI + Hull RSI)We're back at it with a brand new strategy centered around an Arnaud Legoux RSI and Hull RSI. This one took a lot longer to make than usual, which is the reason there hasn't been any new posts the last week.
The first component of the strategy is the Hull RSI. The Hull RSI is shown in light blue and its upper and lower bounds are plotted as the dark pink and teal horizontal lines. Applying a Hull Moving Average to the RSI results in higher smoothness and less false signals. The lengths of the RSI and the HMA of the RSI can both be adjusted by the user.
We then used a similar process to calculate an Arnaud Legoux Moving Average(ALMA) of the RSI. The ALMA RSI is shown as the solid white line, while its upper and lower thresholds are the green and red horizontal lines. The ALMA RSI is a great tool since it is adaptable for multiple different uses - users can adjust the offset, sigma, and length values to modify the RSI's responsiveness and smoothness.
Input Options for ALMA RSI:
-Offset : Value in range {0,1} that adjusts the curve of the Gaussian Distribution. A higher value will result in higher responsiveness but lower smoothness. A lower value will mean higher smoothness but less responsiveness.
-Length : The lookback for each ALMA calculation.
-Sigma : Defines the sharpe of the curve coefficients.
The entry and exit signals generated by the Hull RSI are represented by the small green(buy) and red(sell) circles, while the green and red vertical highlights are the ALMA RSI's buy and sell signals. By default, we set the pyramiding to 3, with 50% equity used in each trade to allow the ALMA to make the longer-term swing trades and higher frequency trades made with the Hull RSI.
The strategy will be posted on our website, ProfitProgrammers.com, soon. As always, we will be offering 3 day trials for this strategy so feel free to send a quick message to start the trial period!
Filtered Waves [NXT2017] #Linda Raschke #basics on Arthur MerrilHI BIG PLAYERS,
this script I wrote for an enquiry of a tradingview-user. It should represent the Filtered Waves idea from Arthur Merril and used by Linda Raschke.
It's similar like a visualization of Elliott Waves.
On YouTube title "MTA UK Chapter Presentation with Linda Raschke" between 34-36 minutes Linda Raschke shows the rules for her Filterd Waves.
Any questions? Ask me!
King regards
NXT2017
========
TO MY PERSON
I'm the second winner of the official German Forex Trading Competition in 2018.
Look here to the ranks:
deutsche-trading-meisterschaften.de
I speak german, english and russian.
My strength in trading are Wolfe Wave pattern.
Cruzamento de MM para BTC 5MSão 3 médias móveis simples.
- 9 períodos
- 21 períodos
-105 períodos
A intenção desse estudo é me dar sinais para compra quando ocorre um cruzamento da média de 9 períodos com a de 21, somente dando o sinal se o cruzamento ocorrer acima da média de 105 períodos. Para sinais de venda segue-se o mesmo raciocínio, quando a média de 9 períodos cruzar com a de 21 e estiver nesse caso abaixo da média de 105 períodos.
O que eu tenho usado e tem dado bons resultados com o BTC 5M desde o início de julho, principalmente naquelas bart formations, é utilizar apenas o primeiro sinal de venda ou de compra após o cruzamento da média de 105
O sinal que se dá para compra seria o círculo verde
O sinal que se dá para vendas seria o círculo vermelho
Este indicador tem o propósito de eu testar a efetividade de um sistema desses.
MACD Trader with long & short alertsBased on moving averages this script helps you to trade using MACD. You can also set alarms for LONG and SHORT alerts to be in touch. Like this script and PM me to get the access.
The K2 v2.0 StrategyThe updated version of THE K2 is finally here! A lot of changes were made when creating the second version of the K2, but the result was a much higher level of performance.
The new K2 consists of a 1 minute 'fast' CCI and 15 minute slow CCI. We identified key thresholds for each one to construct a more complex trading approach. The green shapes on the chart represent buy signals and the red shapes are sell signals. The text above them is the percentage of equity used in each trade. These percentages are based on the CCI's position relative to the fixed thresholds. By doing this, the strategy achieves a higher frequency of trades and lower max drawdown.
Here's a guide to help understand the various shapes:
Circles: Slow CCI trades using 50% equity.
Squares: 25%
Triangles: 15%
Crosses(X's): 10%
We will update the user guide on our website(ProfitProgrammers.com) to include an in-depth guide to using the new K2.
The results displayed on the chart are the results for the month of April. As always, the K2 strategy comes with its study equivalent(at no extra cost).
If you're interested in the K2, message us for a free 3 day trial!
All of our invite only studies and strategies can be found on our website ProfitProgrammers.com
Megalodon Pro Automated Shorter Term Trader BacktesterSTRATEGY
When to buy: Green bar - Orange bar Closes
When to sell: Purple bar closes
Stop to trailing: No
Stop loss: No
Commission Rate: 1%
Willing to risk per trade: 10%
Maximum possible trades in one direction: 10
RESULTS
Net Profit without 1% commission: 112.64%
Net Profit with 1% commission: 103.92%
Starting Balance: $100,000
Profits Made: $103,918.38
New Balance with 1% commission: $203,918.38
Dates traded: 3/17/2019 and 8/3/2019
Total Close Trades: 80
Percent Profitable: 98.75%
Profit Factor: 152.158
Max Drawdown: 0.35% - $745.14
Buy & Hold Return: 174.66%
Commission Paid: $9621.46
Total Open Trades: 10
Number of Winning Trades: 79
Number of Losing Trades: 1
Avg Win Trade: 1.33%
Avg. Lose Trade: 0.92%
Largest Win Trade: 2.77%
Let me know what you guys think about the results?
Due to the tradingview's limitations on providing the shorter time frame price data, we had to provide a 60 minute time frame backtesting results.
The shorter time frames including 1 minute and 15 minutes backtesting results are way more accurate and precise than 60 minutes time frame results.
Megalodon Trading
Enlightening the Modern Investors
ArbaArba is a trading strategy automation to use in ranges of 4H and D and it may be configured by setting up the ranges of slow simple moving average and fast simple moving average.
The strategy filters in a number of possibilities for possible entries and exits for this specific pair.
You can use it connected to your Poloniex API keys to make automated trading in the above-mentioned timeframes.
Relative Vigor IndexHere we are looking at a trend strength indicator based on the Relative Vigor Index(RVI). The RVI measures trend strength by comparing the open-close and high-low ranges for the current and three most recent periods. As a zero-centered oscillator, the RVI oscillates above and below zero to signal the strength of the trend.
As there are different ways to interpret the RVI, we have included 3 different modes for traders to choose from in the input option menu:
1. Zero-Crossing:
The RVI Histogram will turn green when it crosses above zero and red when it crosses below. Therefore, a green RVI means the trend is bullish and red means bearish. This mode is better for longer-term swing trading in comparison to the other 2 modes.
2. Increasing / Decreasing:
The RVI histogram will turn green when it is increasing(rvi >= rvi ) and red when it is decreasing. A green RVI is viewed as a bullish signal and red means bearish. This mode is a good middle-ground between the Zero-Crossing and Signal Comparison modes.
3. Signal Comparison:
Here, the RVI is compared to its signal line. If the RVI is greater than its signal line, the histogram is green, indicating a bullish trend, while red means bearish. This mode is preferred for scalping.
Hope everyone finds this one useful!
You can check out our other invite only studies/strategies at our website: profitprogrammers.com
Pulse Profits Strategy v2.0This is the strategy version that is included with the Pulse Profits+ study. This strategy is based on the Chande Momentum Oscillator and Elder's Force Index(EFI).
The strategy includes options to add a stop loss and adjust all input options based on specific usage.
Pulse Profits+ Study v2.0Here is the updated version of our Pulse Profits+ study based on the combination of the Chande Momentum Oscillator and Elder's Force Index . This version was updated to include stop-loss and improved signals
Red background highlights mark sell signals and green highlights represent buy signals. All signals are accompanied by corresponding alerts that can be tailored for the various automated trading platforms.
All indicators can be found on our website in the bio and come with their strategy equivalents
Profit Runner Strategy v2.0This is the strategy version of the recently posted Profit Runner v2.0 study. We include both together so that users can use the strategy for backtesting and figuring out the optimal settings for their specific usage and then implement those settings in the study version(which includes alerts for automated trading).
Green background highlights are buy signals and red background highlights are sell signals. Red and green filled area show the user's stop loss .
VWMA Trend FilterHere's a simple tool for determining long term trend direction using two Volume Weighted Moving Averages (VWMA). The VWMA's emphasis on volume often makes it a better measurement for trend direction than the more popular Exponential Moving Average (EMA).
Trend direction is determined by comparing a fast and slow VWMA. The default length for the fast VWMA is 50 periods, while the slow uses a default length of 200. Both of these lengths can be modified in the input options menu. The default source for the VWMA's is HLC3((high + low + close) / 3).
If the fast VWMA is greater than the slow VWMA, then the trend is bullish and the background color is green. If the fast VWMA is less than the slow VWMA, then it is bearish and the background color is red.
We included an option to change the candle color based on whether the VWMA's indicate a bullish or bearish trend as well.
Overall, this is one of those utility tools that we like to use as an overlay over the main price chart and in conjunction with other signal generating indicators. Its purpose isn't to generate buy and sell signals, but it works well as a visual confirmation tool to help traders gauge trend direction.
RSI - Oversold BTC StrategyWhen BTC goes through a large swing downward, it often goes into oversold territory and quickly swings back upwards. This strategy is designed to capitalize on the swings without gettings stopped-out with the surrounding volatility. I find that this strategy works best on the 5 minute chart.
You can set the maximum loss (in dollars), trade size (in BTC ), plus your trailing stop and offset (pips).
The blue line on the graph indicates your stop loss point, which trails your buy-in point by your specified maximum loss. Remember, in this strategy, this stop-loss is only used to protect you from unexpected large swings, your trailing stop loss is used to capture profits.
Sentiment Zone OscillatorHere's a (forgotten but still useful) Sentiment Zone Oscillator. The Sentiment Zone Oscillator takes a sum of positive price candles over a user-specified window length. Normally, a triple exponential moving average of the sum is used, but we opted to just go with a double EMA for the sake of more responsiveness. When the histogram is green it is bullish and red/pink means bears.
Double EMA + ATR Trend FollowerThis indicator consists of a fast and slow EMA (default lengths are 50 and 9 periods) and an upper and lower ATR band. When combined, this combination gives traders an accurate picture of both trend strength and direction.
Users can modify the lengths of the fast and slow EMA , as well as the multipliers and length for the upper and lower ATR bands.
Hull RSI
This is an RSI that is smoothed with a faster Hull Moving Average. The upper pink and bottom teal lines represent the 95th and 5th percentiles of Hull RSI values over a window of user-defined length.
The two percentile bands function identically to the traditional upper and lower bounds used in the standard RSI setup. Buy signals are plotted as the vertical green background highlights and sell signals are the red highlights. Buy signal is generated when RSI is below the lower teal line and then crosses above it. Sell signals occur when Hull RSI was previously above the upper pink line and then crosses back under.
Cryptosniper 1 2019Primera version de Cryptosnipper versión 2019
Recomendación utilizarlo con el cruce de la linea macd sobre signal en el nivel 0.00
Kairi Relative Index Leading IndicatorHere is a leading indicator based on the relatively obscure Kairi Relative Index. The Kairi comes from Japan and is similar to the popular RSI, although it is believed that it predates the RSI significantly.
The Kairi measures the difference between the current price and its SMA as a percentage of the moving average.
We made a few modifications to the Kairi to improve its timing and balance its sensitivity. First, we calculated a 'fast' and 'slow' Kairi Relative Index. To do this, it calculates the difference between the current price and a SMA with a length of 7 periods for the fast Kairi. Then, the difference between the current price and an SMA of length 24 is calculated for the slow Kairi.
The big modification is using a 25 period SMA of slow Kairi Relative Index values as the threshold for buy and sell signals. When the fast Kairi line crosses above the white line(the threshold) it is considered a bullish signal, while a bearish signal comes when it crosses back below the same white line. This solved the issue with the Kairi having slower reaction time than the RSI. As the chart shows, this setup allowed it to catch not only major trends but also predict unexpected price spikes.
Users can adjust all 3 lengths, as well as adjust the option to have the slow Kairi displayed on the chart(shown in second pane).
