This strategy uses mostly three things:- 1. average RSI (sma rsi over a period) 2. sudden buy and sudden sell (usually to infer the change in trend or direction) 3. various EMAs ( used as a filter) I mostly build it to work on a 3min crypto chart but it should work on any timeframe or any symbol. Settings - Length -RSI length (hardly needed to be changed but...
This strategy is based on the BTC Cap Dominance RSI indicator, which is a combination of the RSI of Bitcoin Market Cap and the RSI of Bitcoin Dominance. The concept of this strategy is to get a good grasp of the bitcoin market flow by combining bitcoin dominance as well as bitcoin market cap. BTC Cap Dominance (BCD) RSI is defined as: BCD RSI = (BTC Cap RSI +...
This RSI strategy will allow you to go long when RSI is overbought and go short when RSI is oversold. You can also change the checked boxes to reverse this. Uncheck "Overbought Go Long & Oversold Go Short" and check "Overbought Go Short & Oversold Go Long" to use this reversed option. You can also choose to use an ema filter as an additional qualifier for entry....
This script uses the standard deviation of a given moving average along with an RSI direction. When: rsi crossover neutral line + price crossover lower deviation boundary => long When: rsi crossunder neutral line + price crossunder upper deviation boundary => short
Another strategy I'm learning Pine Script on. It is inspired by a MoneyZG youtube strategy called "Easy 5 Minute Scalping Strategy (Simple to Follow Scalping Trading Strategy)". Again this is a one order per trade strategy compatible with the 3commas bot (works also with the free 3commas subscription). This strategy is based on the signals from Williams Fractals,...
This is a MATIC/USD or USDT specific implementation of my BNB/USD 1 hour bot. It should work out of the gate correctly for MATIC, at least based on what has been happening with it for the past seven weeks. You can fiddle with the following settings using the gear icon: Fast and slow MACD length The decision to use RSI thresholds as requirements for buys and/or...
Overview A few days ago I wrote a new RSI-based strategy. The idea was that you could set up buy and sell RSI thresholds and when RSI crossed that threshold it would make a buy or a sell depending on which one it hit. It worked very well on multiple coins that I tested. I then started to think that maybe there was a better way to execute this concept using...
Authored by Kuntanut - To The Milky Way HLR Strategy : HLR Strategy is developed from the HLR Indicator. HLR Strategy is the trend-following strategy, bases on the logic to follow the long position when the market is considered to entry the overbought area which means the assets is in the investor interested, and the fear-of-missing-out might be occurred, and...
I looked all over TradingView and could not find a script that specifically does this so I wrote one. It's not complicated but it works pretty well. Essentially the concept is that you specify two RSI values: a buying threshold and selling threshold. The indicator will make buys based on RSI crossing your buy threshold and sells based on it crossing your sell...
This strategy is just an attempt to find the indicator values for the trading bot service that I use (link in profile). Due to the use of the “request.security” function in the code, the indicators can be redrawn, but this is not important in history. The strategy used only 5 orders for the "DCA" - bot, located at the same distance in the price overlap range. I...
MAJOR UPDATE: - Update to Pinescript v5 - MAJOR refactor for the logic of how orders are placed. BO order is placed when the condition is first encountered and we are not in a deal. The extra SO orders (if based on price movement) are all placed on the next candle after BO order, instead of each being placed one after another. Take profit (if percentage) and Stop...
This is a modified RSI version using as a source a big length(50 candles) and an average of all types of sources for candle calculations such as ohlc4, close, high, open, hlc3 and hl2. In this case we are going to use a 0-1 scale for an easier calculation, where 0.5 is going to be our middle point. Above 0.5 we consider a bullish possibility. Below 0.5 we...
The strategy works with a combination of a number of different factors, including: - Volume - Moving averages - Volatility - RSI This strategy generates long and short signals based on volume movements, moving averages and RSI. By combining other algorithms, low volatility periods can be filtered out. The best results can be achieved by pairing the indicator...
Strategy Introduction This strategy starts from selection of 1st Moving Average from one of following: SMA EMA DEMA TEMA LRC WMA MF VAMA TMA HMA JMA Kijun v2 EDSMA McGinley Then it calculates the RSI of selected 1st Moving Average In the end it calculates Moving Average of previously calculated RSI and for this purpose 2nd Moving Average...
This strategy consists of following criteria: Buy: 1. Candle should have RSI is above 60 and Close above Bollinger band upper limit 2. Exit When candle is closed below 20MA Sell: 1. Candle should have RSI is above 40 and Close below Bollinger band lower limit 2. Exit When candle is closed above 20MA Checkout results.
Hello, everyone! We have just released an innovative strategy for TradingView. It allows you to facilitate the trading process when you have to use both indicators. This strategy is: User-friendly Configurable Equipped with the combination of Relative Strength Index (RSI) and Moving Average (MA) indicators Designed with all required functions to manage...
Commission = 4 USD per order >>> check in the Performance Summary Slippage = 2 ticks - I see from Kodify (tradingview.com/pine-wizards) Risk: 1% per trade >>> check at the "List of trades" * Auto trade BINANCE FUTURE by Webhook + Pro, Pro+, Premium Tradingview user. Binance future quantity setting: - Fixed Quantity = 0 => Auto quantity (Balance, risk, pips...
Commission = 4 USD per order >>> check in the Performance Summary Slippage = 2 ticks - I see from Kodify (tradingview.com/pine-wizards) Risk: 1% per trade >>> check at the "List of trades" * Auto trade BINANCE FUTURE by Webhook + Pro, Pro+, Premium Tradingview user. Binance future quantity setting: - Fixed Quantity = 0 => Auto quantity (Balance, risk, pips...