DMI With Crosses (MyNewTrade)Directional Movement Indicator:
+DI and -DI
I changed the color of the bar bars according to the crossed of +DI and -DI . It helps us to have an idea of whether the trend is continuing or not.
+DI crossover to -DI barcolor is Aqua, if not bar color is Red.
It also helps us to find the lowest and highest points of the graph according to the positions of Adx +DI and -DI .
It gives warnings at the lowest and highest points, which helps us to detect the direction of the trend.
Osilator Stochastic
Stochastic RSI - DurbtradeDurbtrade Stoch RSI -
1) Stoch RSI
A) The K line can be customized to change color based on vertical direction.
B) The space between K line and D line can be filled with a color depending on whether K line is above or below the D line.
C) There are color-coded, cross-over and cross-under background fills, to signal when the K line crosses the D line.
D) K line is drawn in front of D line (D line is drawn behind K line).
E) Default values : K = 3, D = 4, RSI Length = 14, Stoch Length = 14
2) Horizontal Lines
A) Horizontal lines can be drawn automatically, so you don't have to draw them, and they don't extend past the current bar.
B) There are 11 customizable horizontal lines,
and each line is set to non-customizable increments (zero, 10, 20, 30, 40, fifty, 60, 70, 80, 90, hundred).
C) The 11 lines are divided into 2 groups:
a) 4 PAIRS of lines WITH fill options (10/90, 20/80, 30/70, 40/60... 8 lines total), and
b) 3 INDIVIDUAL lines WITHOUT fill options (zero, fifty, hundred).
D) The 4 fills give you the option to fill the space between each pair with a customizable color and opacity,
regardless of whether the lines themselves are drawn or not.
(all default values are what I feel work best for this indicator...
and initially, only the zero, fifty, and hundred lines are drawn automatically .
You may add the other lines if you choose to, by adjusting the opacity to your liking).
3) Conclusion
A) As with my previous indicators, this one maximizes information, color, discernment, clarity, and customization.
B) It is optimized for your ability to be able to easily customize the indicator according to your preferences...
for use on your own personal television, laptop, or cellular phone screen setup... and on all chart zoom levels and layouts.
C) Please feel free to comment your thoughts, critiques, or suggestions. They are all helpful!
D) Check out my previous pine script indicators if you like this one. They work really well together.
E) I hope that you find this script useful.
F) Enjoy!
//Durbtrade
Premier Stochastic Oscillator (PSO) [andre_007]This is a improved version of Premier Stochastic Oscillator (PSO), coded by "LazyBear".
"The indicator was first introduced by technical analyst Lee Leibfarth in the August 2008 issue of the journal Technical Analysis of Stocks & Commodities".
Inprovements:
The script was update to version 4 of PineScript.
Added support for diferents times frames.
For example, now it's possible to stay in intraday and at same time see a weekly version of this indicator.
Possibility to customize the thresholds.
Introduction to indicator:
"Stochastic oscillators have long been used to help traders and investors identify areas where trend changes are likely.
Leibfarth developed the PSO to take advantage of a standard stochastic oscillator's strengths while enhancing it to become more reactive to market activity.
The result is a faster indicator that provides earlier signals for potential trend changes".
More info:
www.investopedia.com
Stochastic RSI w/ Crossover Alerts (by WJ)NOTE:
// STOCH RSI CODE TAKEN FROM DEFAULT INDICATOR
// I HAVE ONLY MADE SOME ADJUSTMENTS FOR VISUAL AID
// I MADE THIS FOR MY OWN USE BUT HAVE DECIDED TO PUBLISH AND SHARE IN CASE ANYBODY WANTS TO USE IT
This is the normal default built-in Stochastic RSI indicator which I have added some stuff for visual aid:
Added middle line (50)
Stoch RSI background turns green when K line crosses D line UPWARDS, K line is below the 50 level, and price is above 200 EMA
Stoch RSI background turns red when K line crosses D line DOWNWARDS, K line is above the 50 level, and price is below 200 EMA
Alert notification on the crossover candle with background colour change conditions met
Crypto RSI Oscillator [marksc]This is my main indicator of pricing trend reversals.
It consists of two main indicators:
1. The green/red oscillator shows a general rising (green) or falling (red) price trend over a smoothed average of a number of periods (length).
2. The yellow "OverUnder Line" shows the Relative Strength Index adjusted price trend in real time.
How to use it:
- You will need to adjust the Overbought and Underbought (green and red) horizontal lines such that the yellow line rarely peaks past them. This will depend on historical data and the time-scale you're using. So if you configure it on a 15minute timescale and then switch to hourly the lines will need-readjusted. This is because the yellow line's movement is "Relative" to a number of periods of time in the timescale.
Predicting Pricing Reversals:
Adjust the Overbought and Underbought lines such that, in the past, the yellow line has rarely peaked over or under them.
When the yellow line peaks over or under one of the Over/Underbought lines again the price will likely make a strong reversal.
(Conversely, if the yellow line is not peaking but staying mostly flat or only slightly angled then the pricing trend is likely to continue.)
Predicting "Pump and Dumps":
If the price makes a sharp reversal while the yellow line was far from the over/underbought lines (ie. the yellow line was near the center), this indicates that a larger purchase or sale than has happened in a long time just happened. In most cases the price will quickly correct back to where it was because this sharp price reversal was was abnormal over the length*period used in the RSI calculation.
[GJ]IFRSITHE INVERSE FISHER TRANSFORM STOCH RSI
HOW IT WORKS
This indicator uses the inverse fisher transform on the stoch RSI for clear buying and selling signals. The stoch rsi is used to limit it in the range of 0 and 100. We subtract 50 from this to get it into the range of -50 to +50 and multiply by .1 to get it in the range of -5 to +5. We then use the 9 period weighted MA to remove some "random" trade signals before we finally use the inverse fisher transform to get the output between -1 and +1
HOW TO USE
Buy when the indicator crosses over –0.5 or crosses over +0.5 if it has not previously crossed over –0.5.
Sell when the indicator crosses under +0.5 or crosses under –0.5 if it has not previously crossed under +0.5.
We can see multiple examples of good buy and sell signals from this indicator on the attached chart for QCOM. Let me know if you have any suggestions or thoughts!
Stochastic RVIBased on the Stochastic RSI but uses RVI (Relative Volatility Index) as source. Another great tool for finding market lows and entry points. This oscillator is also good for finding accurate diversions.
StochasticLSMAIntroducing the worlds first StochasticLSMA. A powerful Stochastic that shows trends and highlights market tops/bottoms. This may be the ultimate tool in locating tops and bottoms on any timeframe.
How to tune the settings:
Depending on what chart you use and what timeframe you are on it may be necessary to dial in the settings to correctly locate the tops and bottoms you wish to trade. Here are some settings to try:
32 < Finds longer term Tops and bottoms.
21 < Great for longer term tops and bottoms on hourly and daily charts.
19 < If 21 is not accurate enough.
17 < If 19 is not accurate enough.
13 <Great setting for short to mid range tops and bottoms and lower timeframes. (default)
11
9
6 < Excellent for finding shorter term tops and bottoms on all timeframes.
*Changing the “Stochastic Price” setting to “hl3” or “low” can help hone in on lows and highs.*
It can be very useful to to use 2 StochasticLSMA indicators with different settings. Here we have two examples how to use multiple indicators on the ETHUSD Daily chart. One set on 13 and the other on 6. A trader can enter on the 6 length indicator and exit on the 13. It also shows how it has the potential to filter out “bad entries” by matching the bottoms.
Example of different length settings.
Alerts:
Overbought: K line crosses over overbought line (Red Dot)
Oversold: K line crosses under oversold line (Green Dot)
Buy Signal: K line is under oversold line and trends up (Green Up Arrow)
Sell Signal: K line is over oversold line and trends down (Red Down Arrow)
Last Chance Sell Signal: As K line leaves overbought line (Yellow Dot)
Last Chance Buy Signal: As K line leaves oversold line (Yellow Dot)
Example of alert signals and trigger enabled in settings
Buy sell waitHello, we need to open a trade in the opposite direction of the trend for this indicator. If there is a green line at the bottom, there is an uptrend. In this trend, the first exclamation mark is shorted. If there is a red line at the bottom, the trend is reversed. In this trend, a reverse transaction is opened to the first tick. In short, it is used to gain profit with small margins against the trend. It generates signals according to the stochastic oscillator. We are waiting in the question mark symbol. We are neither buying nor selling.
Stochastic RSI MTF - 6 TimeframesDisplays Stochastic RSI from 6 different timeframes.
Default timeframe settings: 5min, 15min, 30min, 1hr, 4hr, 1day.
(JS) Triple StochasticSo I ended up adding a ton of stuff to my prior Double Stochastic script which you can see here .
The concept of the Double was to smooth out the existing Stochastic by applying a Stochastic to the existing Stochastic (hence the Double). My concept for the Triple Stochastic is much different. It combines a regular stochastic, stochastic RSI, and the double stochastic to get a smoothed output based on all 3.
Also - since I love being able to see a Squeeze (see my Squeeze Pro indicators - Squeeze Pro 2 & Squeeze Pro Overlays ) I added the Squeeze to the Stochastic (the dots). If you're unfamiliar with how a Squeeze works, or what it is, check out my links for explanation. A quick explanation however is that the Squeeze is an indicator that was invented by John Carter that detects price compression before a big move out of a range. This is done by using Bollinger Bands and Keltner Channels, the BB shrink inside the KC. The color of the dots represent the depth of the BB in the KC, white (or black) being the lightest squeeze, red being the standard squeeze, and yellow being the strongest squeeze. Now on to the indicator:
The first thing you'll notice is the options available for the type of Stochastic you'd like to use:
Standard : This is a regular Stochastic
Stochastic RSI : This is the standard Stochastic RSI
Double : This is the Stochastic on top of a Stochastic from the prior version
Triple : This is simply an average of all 3 of the above combined together
(Top indicator shows the Triple Stochastic)
The options "K", "D", and "Smooth" are the settings from a regular Stochastic used to set up the type of Stochastic you choose to use.
Now let's say you're not sure how one type performs compared to another, or you like the quickest momentum change but also like to see the smoothest trend, or you want to use the same types of Stochastic and watch for them to cross like moving averages - for these reasons I added the ability to add a second Stochastic for comparison.
(2nd indicator shows a fast and slow Triple Stochastic together)
Quite obviously, the "K 2", "D 2", and "Smooth 2" are what is used in order to set the parameters for the second Stochastic.
Now another thing I added was the option to replace the regular Stochastic and instead look at the distance between the K and D. By turning off "Use K% and D%" you get to see this in action. To put it simply, a cross above zero would indicate a positive Stochastic crossover, and a cross below zero would represent the opposite. There's also an option titled "SMA Length using Difference" which, to smooth this out a bit, allows you to apply a moving average to the distance. By setting it at 1 you'd see the actual distance between K and D.
(3rd indicator shows the K and D distance used as a plot)
Another thing I wanted to do was add a different type of background that wasn't based on the indicator itself. I decided to use ADX & DMI which is a great way to determine the trend. When you select "ADX/DMI BG" the BG colors will change from being based on the indicator to being based on ADX and DMI.
(The 3rd indicator also shows the ADX/DMI BG being used).
And now finally the last feature I decided to add takes us back to the Squeeze. Essentially it is just the Stochastic shown through the lens of Squeeze momentum, as I ended up plugging the Stochastic output into the Squeeze momentum formula to create an oscillator. By selecting "Use Oscillator" you will see this in action as well.
(Bottom indicator shows the oscillator addition)
Stochastic(4,3,2) Spread By Rajv1: This indicator plots a spread of %K - %D of the stochastic(4,3,2).
ModestPips Triple StochasticThis script was created to provide confluence when entering trades. Trades are entered as scalp trades with trailing stops, that sometimes turn into swing trades.
This script is composed of three elements:
EMA Cross Indicator
Money Flow Indicator Oversold/Overbought
Triple Stochastic - The Core Component of this script
EMA Cross:
The EMA Cross provides a rough idea of trend direction. The 50 horizontal line will flash green/red depending on the current EMA crossover status.
The EMA values can be changed depending on your preference.
This indicator is not used for entries. It only provides confluence for entries.
Money Flow Indicator:
The money flow indicator will flash green/red in the background when it is oversold/overbought. It could be referred as an early signal before a potential big move.
Not used for entries, just as a warning to get ready for a potential big move.
Triple Stochastic:
This is the core and magic of the script. This indicator uses the 3 stochastic to provide signals for trade entries.
The 3 stochastics use different calculations to provide the differing length of the oscillators.
The slow stochastic will flash red when in overbought/oversold areas.
Using these 3 stochastics can provide 3 types of entries.
Trade Entries:
Extreme Opposite Entry - Entry when slow stoch is red and the super-fast stoch is on the opposite extreme.
Rebound Entry - Entry upon reversal signal where super-fast and fast stochs trigger a move in the opposite direction and then retrace to retest the slow stoch.
Continuation Entry - Entry during a trending market when super-fast and fast stochs retrace to retest the slow stoch.
This indicator can be used with any timeframes, although 30m is where I find the cleanest signals.
Some examples are provided on the chart, I will provide detailed explanations for ideal signals below.
STOCHASTIC+Stochastic Oscillators are used to determine Overbought and Oversold Market conditions. This Stoch is set to a quicker Length then normal with an RSI that changes color depending on Momentum. When RSI is Overbought you well get a red shadow to indicate the market is setting up for a sell. When the RSI is Oversold you will get a green shadow to indicate the market is setting up for a buy
cheesywedges MTF MACD+Stoch+Ichi+PSARThis is a heatmap created to show 4 key indicators MACD, Stochastic, Ichimoku and PSAR. Adjust TF accordingly. Default is incremental by 45 minutes.
One advantage is you can see as the indicator current candles change from green to red or the other way round as the current trend changes. Eg. MACD attempting to cross Signal and the candle will flicker red to green and you can see it happen on multiple TF.
Standard Settings
PSAR - Start, Increment and Max Value
Stochastic - K,D,Smooth, Upper and Lower
MACD - Fast, Slow and Smooth
Ichimoku - Conversion Line, Base Line Periods, Lagging Span and Displacement
Advanced Settings (MACD)
MACD/Signal Crossover , eg. Long = MACD > Signal
MACD/Signal + Histogram Crossover , eg. Long = MACD > Signal and Hist > 0 and Signal > 0
MACD/Signal Crossing, eg. Long = MACD > Signal and previous MACD < previous Signal
MACD/Signal + Histogram Crossing, eg. Long = MACD > Signal and previous MACD < previous Signal and Hist > 0 and Signal > 0 and previous Hist > previous Signal
For normal usage, just use MACD/Signal Crossover
Recommended Settings
Ichimoku 20, 60, 120, 30
If customized enhancement required drop a message and I'll see what I can do.
FUERSTUses Normalized Price Oscillator and Stochastics and combines them as an ADX weighted measure.
During low trend intensity Stochastics gets higher weighted than Price Oscillator, and vice-versa in times of high trend-intensity.
Multi-Function Stochastic(MTF, divergence, signal and alert)Japanese below / 日本語説明は下記
Overview
Multi-function Stochastic indicator with functions below.
1.MTF with display timeframe control
2.Auto divergence drawing incl. hidden divergence
3.Signal when % K crosses over %D incl. MTF %K and %D
4.Alert when % K crosses over %D
Please see the details below.
Functions:
1.MTF with display timeframe control
You can select one upper timeframe from monthly, weekly, daily, 4hour, 1hour, 30mins, 15mins, 5mins to display upper timeframe’s Stochastic as MTF Stochastic.
How is it different from other MTF indicators?
Problems with other MTF Stochastic indicators are;
-If you set higher timeframe Stochastic, it will also be shown on further higher time frames.
i.e. If you set 4hour chart’s Stochastic on 1 hour or lower time frame charts, it will also appear on daily and weekly chart, which is not necessary.
To tackle these problems, this indicator has incorporated functions below.
-To show MTF Stochastic on timeframe lower than the upper timeframe you set as MTF timeframe.
For example, if you select daily timeframe for MTF Stochastic , the Stochastic will be shown only on 4 hour or lower timeframes(1H, 30M, 15M, 5M, 1M).
Left: 4hour chart, Middle: Daily chart, Right: Weekly chart
If you look at 4hour chart, daily chart’s Stochastic is shown(pale blue and orange) but weekly chart does not show daily chart’s Stochastic.
2.Auto divergence drawing incl. hidden divergence
Divergence line and hidden divergence line will be automatically drawn for the current timeframe Stochastic as per the logic below.
Bearish : When two consecutive pivot highs go up but %K values corresponding to each high go down.
Bullish: When two consecutive pivot lows go down but %K values corresponding to each low go up.
Pivot highs(lows) are identified when those are preceded by n lower highs(lows) and proceeded by n lower highs(lows).
* n is parameterized.
See the diagram below.
Bearish : When two consecutive pivot highs go down but %K values corresponding to each highs go up.
Bullish : When two consecutive pivot lows go up but %K values corresponding to each low go down.
3.Signal when % K crossing %D
Signal will be shown when;
-%K crosses over %D below lower band
-%K crosses under %D above upper band
-%K(MTF) crosses over %D(MTF) below lower band
-%K(MTF) crosses under %D(MTF) above upper band
4.Alert when % K crossing %D
Alert can be set when;
-%K crosses over %D below lower band
-%K crosses under %D above upper band
How to use this indicator?
This indicator is paid indicator and invited-only indicator.
Please contact me via private chat or follow links in my signature so that I can grant the access right to the indicator.
Comment section is only for comments on the indicator or updates. Please refrain from contacting me using comments to follow TradingView house rules.
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多機能ストキャスティクスインジケーターです。以下の機能が搭載されています。
1.マルチタイムフレーム機能(表示時間足制御機能付き)
2.ダイバージェンス自動描画機能(ヒドゥンダイバージェンス対応)
3.%Kが%Dをクロスした時にシグナル表示(MTFの%Kと%Dでも同様)
4.%Kが%Dをクロスした時にアラート設定可能
機能詳細は以下の通りです。
機能詳細
1.マルチタイムフレーム機能(表示時間軸制御機能付き)
月足、週足、日足、4時間足、1時間足、30分足、15分足、5分足の中から一つを選択し、上位足のストキャスティクスとして表示することができます。(不要な場合は非表示可能)
他のマルチタイムフレームストキャスティクスとの違い
他のマルチタイムフレームストキャスティクスのインジケーターでは、以下の問題に直面します。
・上位足のストキャスティクスを表示すると、さらに上位足でもそのストキャスティクスが表示され見にくくなる。
例: 4時間足のストキャスティクスを下位足で表示可能な様に設定すると、日足や週足でも表示され、チャートが見にくくなる。
この問題に対して、このインジケーターでは、
・上位足のストキャスティクスを表示する時間軸を制御することで上位足で不必要な情報を表示させない。
という機能を加えることでこの問題を解決しています。
具体的には、マルチタイムフレーム用に選択した上位足のタイムフレームより小さいタイムフレームでのみ上位足のストキャスティクスが表示されるようになっています。
例えば、上位足として日足を選択した場合、日足のストキャスティクスは4時間足、1時間足、30分足、15分足、5分足、1分足にのみ表示されます。
<サンプルチャート>
左から4時間足、日足、週足です。
4時間足では日足のストキャスティクスが表示されていますが、週足には表示されません。
2.ダイバージェンス自動描画機能(ヒドゥンダイバージェンス対応)
以下のロジックに基づきダイバージェンスを自動描画します。(不要な場合は非表示可能)
<通常のダイバージェンス>
下降示唆: 2つの連続する高値(*)が切り上げられているが、 それぞれの高値に対応するストキャスティクスの値は切り下げている場合
上昇示唆: 2つの連続する安値(*)が切り下がっているが、 それぞれの安値に対応するストキャスティクスの値は切り上がっている場合
*高値(安値)は、左右n本(**)ずつのローソク足の高値(安値)より高い(低い)高値(安値)をピボットハイ・ローとして算出しています。
** nはユーザ設定値です。
<例: ダイバージェンス>
高値SH1はSH1のローソクの高値より左側にn個のより低い高値、右側にn個のより低い高値があった場合に高値として認識されます。
上記の例では高値がSH1>SH2と切り上がっていますが、対応する%Kの値はvalue2>value1と切り下がっているためダイバージェンスと認識されダイバージェンスラインが自動描画されます。
<ヒドゥンダイバージェンス>
下降継続示唆: 2つの連続する高値(*)が切り下がっているが、 それぞれの高値に対応するストキャスティクスの値は切り上がっている場合
上昇継続示唆: 2つの連続する安値(*)が切り上がっているが、 それぞれの安値に対応するストキャスティクスの値は切り下がっている場合
言うまでもないことですが、ダイバージェンスが出たから逆張り、などの安易な発想は避けるべきです。
環境認識の一つの要素として見るべき指標でしょう。
3.%Kが%Dとクロスした時にシグナル表示(MTFの%Kと%Dでも同様)
以下の条件を満たした時にシグナルを表示します。
-ロワーバンドより下で、%Kが%Dを上抜けた時
-アッパーバンドより上で、%Kが%Dを下抜けた時
-ロワーバンドより下で、%K(MTF)が%D(MTF)を上抜けた時
-アッパーバンドより上で、%K(MTF)が%D(MTF)を下抜けた時
4.%Kが%Dとクロスした時にアラート設定
以下の条件でアラート設定が可能です。
-ロワーバンドより下で、%Kが%Dを上抜けた時
-アッパーバンドより上で、%Kが%Dを下抜けた時
インジケーターの使用について
当インジケーターは招待制インジケーター(有料)となっています。
使用を希望される方はプライベートチャットや下記リンクのDMでご連絡ください。
このページのコメント欄はインジケーターそのものに対するコメントやアップデートの記載のためのものとなっております。Tradingviewのハウスルールを守るためにもコメント欄からの連絡はご遠慮ください。
All-In-One Trading Bot Buy SignalsWelcome to our first Tradingview buy signal indicator.
We develop signals which have been specially developed for crypto trading bots. We publish new indicators at regular intervals.
At the moment our all-in-one indicator includes the following indicators:
- "Crypto Bot Signal 01 - Optimized RSI Momentum"
- "Trading Bot Buy Signal 02 - MTF Stochastic"
The basic idea of this all-in-one indicator is to decrease the needed number of alarms and to provide an all-in-one script for our users. You can freely choose which indicators you want to include into your signal generation. We only include indicators which are relatively robust against false breakouts, even if these can of course never be avoided. These signals alone occur relatively rare, but you can set an alarm up on different pairs simultaneously. The strategy works best in 5 min chart and in crypto pairs. It wasnt tested in Forex etc. but feel free to test it, with the published strategies.
We recommend to base your sell strategy on trailing stop-loss and not indicator based. A traling stop-loss arming at 1% and trailing stop-loss percentage at 0.3% works well. Our goal was it to reduce the average coin holding time to a minimum. But of cause you can adjust it to your needs and test it before with the help of our strategies. We recommend this procedure cause we believe in the power of long term uptrending crypto, compounding and dont want to sell at a loss in a false breakout. But you can handel it like you prefere and set your own sell alarms.
We sell this indicator so it is invite only. But of cause you can test the single indicators before buying. Also you can freely test the strategies before. Simply check out our profil for it.
If there are questions, write them into the comments or contact us directly over the direct message. Happy Trading!
Trading Bot Buy Signal 02 - MTF StochasticWelcome to our second Tradingview buy signal indicator.
We develop signals which have been specially developed for crypto trading bots. We publish new indicators at regular intervals.
This indicator is based on our "Trading Bot Buy Signal 02 Strategy - MTF Stochastic" strategy, so that you can apply and test this strategy to your charts/pairs.
The basic idea of this script is to use the stochastic indicator in multiple Timeframes. When all selected timeframes show an oversold it triggers a solid buy signal. This strategy is relatively robust against false breakouts, even if these can of course never be avoided. These signals occur relatively rare, but you can set an alarm up on different pairs simultaneously. The strategy works best in 5 min chart and in crypto pairs. It wasnt tested in Forex etc. but feel free to test it.
We recommend to base your sell strategy on trailing stop-loss and not indicator based. A traling stop-loss arming at 1% and trailing stop-loss percentage at 0.3% works well. Our goal was it to reduce the average coin holding time to a minimum. We recommend this procedure cause we believe in the power of long term uptrending crypto, compounding and dont want to sell at a loss in a false breakout. But you can handel it like you prefere.
This indicator using different timeframes so it is sending a repainting warning. Cause it calculates values in a different timeframe. But thats normal and it wont recalculate results.
Feel free to adjust the parameters to your preferences:
- Adjust the values of Stoch - K and Stoch - D to change the sensitivity of the indicator
- Turn on different timeframes or leave default timeframes
- Adjust the threshold value of the stoch indicator to change results
We sell this indicator so it is invite only. But of cause you can test it before buying. Also you can freely test the strategy before. Simply check out our profil and look for "Trading Bot Buy Signal 02 Strategy - MTF Stochastic".
If there are questions, write them into the comments or contact us directly over the direct message. Happy Trading!
Trading Bot Buy Signal 02 Strategy - MTF StochasticWelcome to our second Tradingview strategy.
We develop signals which have been specially developed for crypto trading bots. We publish new indicators at regular intervals.
This strategy is based on our "Trading Bot Buy Signal 02 - MTF Stochastic" indicator, so that you can apply and test this strategy to your charts/pairs.
The basic idea of this script is to use the stochastic indicator in multiple Timeframes. When all selected timeframes show an oversold it triggers a solid buy signal. This strategy is relatively robust against false breakouts, even if these can of course never be avoided. These signals occur relatively rare, but you can set an alarm up on different pairs simultaneously. The strategy works best in 5 min chart and in crypto pairs. It wasnt tested in Forex etc. but feel free to test it.
The sell strategy is based on trailing sell and not indicator based cause we believe in the power of long term uptrending crypto, compounding and dont want to sell at a loss in a false breakout. You can set the trailing sell limit to your own preferences or leave it at default value. Our goal is to reduce the average coin holding time to a minimum.
This strategy using different timeframes so it is sending a repainting warning. Cause it calculates values in a different timeframe. But thats normal and it wont recalculate results.
Feel free to adjust the parameters to your preferences:
- Adjust the values of Stoch - K and Stoch - D to change the sensitivity of the indicator
- Turn on different timeframes or leave default timeframes
- Adjust the threshold value of the stoch indicator to change results
- Adjusting the trailing sell parameters influences the coin holding time and the results
If there are questions, write them into the comments or contact us directly over the direct message. Happy Trading!
