It is a combination of various parameters, including
-RSI: The relative strength index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. -MACD: Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. -ADX: ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. -DMI: DMI is a moving average of range expansion over a given period (the default is 14 days). The positive directional movement indicator (+DMI) measures how strongly price moves upward; the negative directional movement indicator (-DMI) measures how strongly price moves downward. The two lines reflect the respective strength of the bulls versus the bears.
Included:
Different forms of Take profit, included:
Take profit on squeeze candles
Take profit based on Risk-Benefit (RR)
Take profit a pre-determined %.
Different forms of Stop Loss, including
ATR-based stop loss
Trail stop loss (with option to use a trigger)
Stop loss a pre-determined %.
**All trades include 0.1% of fees + slippage ** The statistics displayed are for the year 01-01-2020 and the period from 2021 to the date of publication (14-01-2020)
For access you can send a message or consult in my social networks. Links in my tradingview signature (below).
Информация о релизе
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*minor change
Информация о релизе
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Cosmetic changes:
1- Added the default option of showing the entry price and the profit or loss at closing. 2- Added the default option to show the profit at the closing of the last candle 3-Such options can be disabled from the menu
"Activate Labels Entry and Close" "Activate Current Profit Label"
Some examples in different Cryptos:
The default configuration works very well for most pairs.
You just have to look for which time frame goes better with each one.