This is a both a swing and a scalper strategy(depends on the timeframe that you use), that works with all timeframes, however I noticed that with swing 3h works the best on most crypto pairs, such as ETH, BTC and so on.
Its main components are: Hull moving average T3 moving average Risk management
With them I make an average and use it as the main moving average.
Rules for entry For long: Average moving average is bigger than previous average moving average value. For short:Average moving average is lower than previous average moving average value.
Rules for exit We exit when either the TP/SL has been hit, or when we get a different condition than previous one(both for long and short).
hello, may I know how to view TP/SL on chart because I try on may chart it just show short / long . thank you
exlux99
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@cndreload, hi there, in this case you cant because this is a strategy. Its purpose is for calculation and backtest, if you want graphich info I recommend convert it into a study or use plot function inside
Erik576
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I scalp crypto on the 1 minute chart using this indicator along with the 150 ema. What a great combination. Thank you
hugomckenna
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If I automate this will it repaint? Is this backtest accurate? What's the catch?
exlux99
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@hugomckenna, if you look into the code, you can see that I make no use of security function. the catch is that it uses limit orders and not market order, thus in certain situations your order may or may not be filled in real life, you can disable this however and use market orders with candle open price instead if you got the knowledge
hugomckenna
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@exlux99, thanks, ill paper test it and see! great on FTM 4 HR