This indicator made with using Williams Fractals, 20 50 100 Moving Averages and Relative Strength Index. You can easily find entry points by using Long (L), Short (S) signals.
Note : Settings are optimized for BTC:USDT Perpetual 15min TF. For use different pairs or TFs you may need to change settings.
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This indicator made with using Williams Fractals, 20 50 100 Moving Averages and Relative Strength Index . You can easily find entry points by using Long (L), Short (S) signals.
This is a 15min scalping strategy for BTC:USDT Perpetual pair. For use different pairs or TFs you may need to change settings.
How to use ****************
When flashing Long (L) or Short (S) signal you should wait until the candle closing for the confirmation.
After that candle closed with the signal, you can enter a trade in next candle opening.
Your SL should be 3.1% from etnry and TP should be 0.5% from entry for best results. (You can use Long Position / Short Position tool in Prediction and Measurement Tools in drawing pannel to calculate this. This settings only for BTC:USDT Perp 15 min TF. For other TFs or Pairs settings may vary. You can easily change these settings and backtest your own.)
After entering a trade you can be ignored next signals until close the trade.
This is how this strategy works. Sorry for my bad English. If you have any question you are free to leave a comment. Thank you!
Hello, do you trade with this script now? I tried to find better settings, longs are ok but profits on shorts are zero. total profit factor is 1.5 on 15m TF. If you trade this strategy would you sent me your settings, please?
sohaildharani
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Is there anyway to set alerts on it
niksidnayr26
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Can you tweak code to latest version of Pine Code? Thanks looks good!
GerrieMeister
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on which exchange are you using this strategy? Gemini?
Chopululi
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Where in the script can I change the pair and the TF? thanks man looks promising
charlie2598
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can we used with any script or only Bitcoin
OweMillo
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wow this is amazing, thank you very much for sharing it, greetings from Colombia
@pitcher500, Not long after I started. I check the success rate by writing pine codes to each of the strategies I learn. Out of them this was in a good place so I wanted to share it with you ;)