OPEN-SOURCE SCRIPT
Actualizado SuperTrend Cloud Strategy
Experimental strategy to improve accuracy of SuperTrend Cloud. I am attempting to use STD deviation to manipulate the multiplier of the SuperTrend cloud. Greater STD Deviation = Oscillation in price action which can be applied to multiplier of SuperTrend to filter out bad trades and improve accuracy.
Notas de prensa
Many times we make mistakes trading because we become impatient and want to be in a trade due to emotions. This mentality makes it easy to loose money.Ideally we should only long above the cloud however, I have added longs on oversold RSI conditions + Below SuperTrend Cloud which has done a great job increasing profits and allowing us to maintain accuracy and increase profit potentials.
Notas de prensa
-Improved RSI Entry-Removed STD Deviation idea.
Notas de prensa
-Added short trades.-Removed oversold buy
Notas de prensa
-Cleaned up code-Added inputs for both SuperTrend clouds to make it more adjustable.
-Added SL line (center of cloud).
-Added option to only exit after fully crossing cloud.
A good starting point is 5m charts use 10,6,6,10 (Multiplier 1, Period 1, Multiplier 2, Period 2) or 4h Chart 3,10,6,10 (Multiplier 1, Period 1, Multiplier 2, Period 2)
BTC performs well on 4h chart with 2.4,4,4.8,4 (Multiplier 1, Period 1, Multiplier 2, Period 2)
Notas de prensa
-Fixed duplicate trade issueScript de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.