Link Short Strategy - Short

3 hari yang lalu

Hello everyone.

My strategy is only for LINK/USDT based on a grid bot strategy that can be found on a traditional exchange such as: Bitget, Bybit, Bingx...

I've customized it.

### Pine Script strategy summary:

1. **General description:**
- The strategy uses crosses between an **EMA (exponential moving average)** and a **SMA (simple moving average)** to identify short trading opportunities.
- It is active between specific price ranges defined for each segment (LongRange and ShortRange).

2. **Indicators:**
- **EMA9**: Exponential moving average over 13 periods (configurable).
- SMA6**: Simple moving average over 5 periods (configurable).

3. Position logic:** **Short Entry
- Short Entry** :
- Condition: EMA crossing under SMA (**emaCrossSmaDown**) when price is between `ShortRangeLow` and `ShortRangeHigh`.
- A **short** position is opened with `strategy.entry(“Short”, strategy.short)`.
- Long Exit**:
- Inverse condition (EMA crossing above SMA) when price is between `LongRangeLow` and `LongRangeHigh`.
- Long positions are closed if in profit.

4. **Stop Loss (SL) management:**
- Each segment (1 to 5) has a **Stop Loss (SL)** level defined by adding a fixed margin of 0.5 to the `LongRangeLow` level:
- Example: `slLevel = LongRangeLow + 0.5`.
- The **SL** applies only if the position has been opened between the defined ranges (`ShortRangeLow` and `ShortRangeHigh`).

5. **Display:**
- The EMA9 and SMA6 indicators are plotted on the chart for clear visualization.
- Price ranges (ShortRange and LongRange) are also plotted, with distinct colors for each segment.

6. **Multiple segments:**
- The strategy is repeated for 5 distinct price ranges (segmented into ShortRange and LongRange):
- Segment 1: LongRangeHigh = 11.13, ShortRangeHigh = 12.00.
- Segment 2: LongRangeHigh = 13.70, ShortRangeHigh = 14.85.
- Segment 3 : LongRangeHigh = 17.38, ShortRangeHigh = 19.10.
- Segment 4 : LongRangeHigh = 23.70, ShortRangeHigh = 25.75.
- Segment 5 : LongRangeHigh = 28.50, ShortRangeHigh = 30.40.

7. **Activation dates:**
- The strategy is active only between August 5, 2024 and September 1, 2026.

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### Highlights :
- Well-integrated **Stop Loss** management to minimize losses.
- Visualization of price ranges facilitates analysis.
- The logic is replicable for several segments, making the strategy adaptable to different market ranges.

### Suggested improvements:
- **Take Profit (TP)**: Add TP levels to automate profit-taking.
- Additional filtering**: Use other indicators to confirm signals (e.g. RSI or MACD).
- Optimization**: Test different lengths for EMAs and SMAs to maximize performance.