I was looking for a strategy on TradingView that can send me signals when i have to buy or sell. The most strategys/indicators that i found where only paid once, so i decided to create my own. Now, a few weeks later i can share it with you and this one is completely FREE.
Features:
Buy / sell signals
Take profit - default 5%, 10% & 15%
Fibonacci included
Set alerts (buy/sell, tp1, tp2 & tp3)
more to come
For now i recommend to use it on higher timeframes.
Take Profit short will be now displayed under the bar
Now you can simply switch off TP long or short
Added Ichimoku Cloud
removed some noise
Still recommend to use it on higher timeframes - need to reduce more noise.
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fix
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had to reset the strategy conditions back to the v1.2 - found some issue and it didn't work out well on downtrends.
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Version 1.4
Use this strategy on Haikin Ashi candles for the best results. Still some bad signals but you should always do a TA, this helps and works well together!
Strategy improved and fixed some errors
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Version 1.5
less noise in the script so better buy/sell signals
added pivot
now there are 5 take profit points
removed fibonacci
Still trying to get the best results for this script. But every asset needs different settings, so play around with it and find the best ones for you.
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fix
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.
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don't know why the preview is not showing correctly.. trying to fix that.
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update
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Version 1.5.1
added a future which allows you to decide which strategy you want to use. version 1.4 and below was pretty good for higher timeframes but weak on lower and the new version 1.5 was good on the lower ones. you can just turn it on by choose which you prefer. but use only one! need to fix that, when you choose one, that the other one will be deactivated.
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Version 1.5.1
added BB and automated Trendlines. Now it's easier to determine the trend. If signal appears on the higher high skip if, need to fix that.
You use all the settings or just disable them - it's up to you. from time to time the signals will get better and i'll improve this script. hope it helps you out.
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Version 1.5.2
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Version 1.5.3
reduced some noise to get better entry/exit points
removed the lower timeframe strategy - didn't worked out so well as i aspected
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This indicator doesn't repaint.
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Version 1.5.4
added plots for the crossover/crossunder for the EMA's
displays also the golden/death cross
included alerts for that
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fix
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Version 1.5.5
added Fibonacci again
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1.6
added divergence spotting / regular & hidden
code clean up
working on a website for all my script. next step will be to optimize the algo for the buy & sell signals
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1.6.1
relocated the divergence. now they will show up above or under the bars with a space in between if tp or buy/sell signal should appear there too
added possible bottom/top finder
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Version 2
After endless hours i can publish this new version. Recoded the algorithm and improved the quality of the signals. Cleaned up some code and removed some features to keep that tool simple. There is still more room to clean up the signals - will improve it by the time but i recommend to use it on high timeframes like 4H or 1D chart.
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Update 2.1
Improved the signal conditions
Cleaned up the setting
Added parabolic sar
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2.2
small improvement of the code and set the default setting for this tool on the BTCUSDT 1D Chart. If you like to trade other pairs you need to tweak the length of the down and uptrend in the settings.
example:
for BTCUSDT pair i set the values to: downtrend 9 - uptrend 2 if i switch now to ETHBTC i would change them to: downtrend 10 - uptrend 19 so you'll see better signals for buy and sell
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Release Notes: 2.3
After a long time I had some time to update this script to a new version. I used this time to remove some "indicators", compress the source code, cleaned up the settings page and added a new function
added HH/HL & LL/LH
Further updates will be used to improve the signals.
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.