This strategy joins the Pivot Reversal strategy with the RSI indicator.
We check RSI level at the pivot point level and only if RSI condition is satisfied we update levels for stop orders.
The strategy works pretty good for crypto, 30m, 1h, 2h timeframes.
These are alerts for previously published strategy:
This strategy joins the Pivot Reversal strategy with the RSI indicator.
We check RSI level at the pivot point level and only if RSI condition is satisfied we update levels for stop orders.
My strategy uses a combination of three indicators MACD Stochastic RSI.
The Idea is to buy when (MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time
This strategy works well on stocks and cryptos especially during market breaking up after consolidation
The best results are on Daily charts, so its NOT a scalping strategy. But it can work...
This tool highlights where gaps happens and outlines in the chart where the gap zones are. If there is a gap up there is a green line, a gap down it is red. The gap zone is highlighted in blue. You can choose the size of your gap with the input menu to the desired size. Feel free to ask comment below. Made for the Gold Minds group
Guys add this indicator to your trading setup and Long when OBV crosses up 100 EMA and vice versa, use this on higher time frames(H4 and above) for more reliability.
Don't blindly go with this alone. Use additional setups like trend lines and moving averages.
Interesting performance for simple MA strategy on 1m ETHUSD. I used only close price and 15 SMA in it.
Performance is 55% over 10 days with a drawdown of only 3.5%.
Percent profitable is only 30% with almost 2k trades.
For sure this won't work as a standalone strategy, with 2k trades commission and slippage will destroy all your PNL but it can be a pretty good...
This study calculates the On-Balance Volume (OBV) and displays it in terms of its Z-Score.
OBV is a great momentum indicator . As the name suggests, OBV predicts changes in price based on the security's volume flow.
Formula:
if (Current Price > Previous Price)
then Current OBV = Previous OBV + Current Volume
if (Current Price < Previous Price)
then...
Trying to find simple strategies with optimal parameters which work well for certain symbols/timeframe.
Found that basic RSI strategy without any position management works pretty good for 1m chart for BTCUSDT.
It might not work very good on it's not but can give you a pretty good base for more complicated indicators.
Also, some position management as simple as...
I made this indicator to display the volume in BTC in the top left. I find it useful to quickly get the idea of how much BTC is being traded in each pair. It also showing the 7 candle moving average volume in BTC. This is configurable tho.
Please note, this is my first script, and after activating it you will get two annoying lines on your chart. You will have to...
An index of LTC, ETH, and BCH sans SV equally weighted by market cap.
The index is weighed to 10,000 on the 1st of September, 2018.
The formula used should be the same as the one found in BGCI, with the result being the product of all individual market caps to the power of their own cap that is divided by the sum of all caps.
If you enjoy my scripts and would...
Crypto Multi Exchange Volume (CMEV) aggregates and plots trading volumes for supported cryptoasset pairs over multiple different cryptoasset exchanges. For developers looking for more information and for those who want to compile their own version of CMEV, please check out my GitHub (jakobpredin/crypto-multi-exchange-volume).
Configuration
CMEV comes with two...
![BTCUSD: XBT Volatility Weighted Bottom Finder. [For Daily Charts]](https://s3.tradingview.com/h/HdSFR0RT_mid.png "XBT Volatility Weighted Bottom Finder. [For Daily Charts]")
