Money Printer V3 is a trend-following strategy designed to capture high-probability trades using EMA crossovers, MACD confirmation, RSI filtering, and ATR-based stop-losses. It helps traders identify strong momentum shifts and manage risk dynamically using a trailing stop-loss system.
This strategy is fully customizable and works on multiple timeframes, making it suitable for scalping, swing trading, or long-term trend following.
📊 How It Works
✅ Long Trades:
The fast EMA (default 20) crosses above the slow EMA (default 50). RSI (default 14) is above 50, confirming trend strength. MACD histogram is positive, showing bullish momentum. (Optional) Volume filter confirms that a large amount of capital is moving into the trade.
✅ Short Trades:
The fast EMA crosses below the slow EMA. RSI is below 50, signaling weakness. MACD histogram is negative, confirming bearish momentum. (Optional) Volume filter confirms that a sell-off has strong market participation.
✅ Risk Management:
ATR-based Stop-Loss: Automatically adjusts based on volatility. Trailing Stop-Loss: Helps maximize profits by locking in gains as price moves in your favor. Dynamic Position Sizing: Uses risk-based trade sizing to prevent overexposure.
📈 Backtesting & Strategy Settings
Tested on BTC/USD (4-hour timeframe) using realistic risk settings. ATR-based stop-loss and trailing stop improve drawdown control. Backtesting results may vary based on timeframe and market conditions.
⚠️ Risk Disclaimer
This strategy does not guarantee future profits. Past performance in backtesting does not predict future success. Always use proper risk management and test strategies in a demo environment before trading live. Adjust settings based on your risk tolerance and market conditions.
📌 How to Use
1️⃣ Add the script to your TradingView chart. 2️⃣ Adjust EMA, RSI, MACD, ATR, and Volume settings as needed. 3️⃣ Enable alerts to receive real-time buy/sell notifications. 4️⃣ Backtest on different timeframes to optimize performance. 5️⃣ Trade responsibly and monitor market conditions.
🔹 Strategy Type: Trend-Following 🔹 Best Used On: Crypto, Forex, and Stock Markets 🔹 Works On: Any timeframe (4H & 1D recommended for swing trading)
💡 Turn on Money Printer V3 and let the strategy do the work! 🚀