Objective : The Correlation Channel Trading Strategy is designed to identify potential entry points based on the relationship between price movements and a correlation channel. The strategy aims to capture trends within the channel while managing risk effectively. Parameters : Length: Determines the period for calculating moving averages and the true range,...
Overview: The ORB (Opening Range Breakout) strategy combined with Heikin Ashi candles and Relative Volume (RVOL) indicator aims to capitalize on significant price movements that occur shortly after the market opens. This strategy identifies breakouts above or below the opening range, using Heikin Ashi candles for smoother price visualization and RVOL to gauge the...
This Strategy focuses on strategically Martingaling when the price has dropped X% from your current Dollar Cost Average (DCA). When it does Martingale, it will create a Purchase Grid around this location to likewise attempt to get you a better DCA. Likewise following the Martingale strategy, it will sell when your Profit has hit your target of X%. Martingale may...
Bonsai is a tailored tech analysis tool for all traders. It uses dynamic thresholds, sensitivity modes, and averaging to identify market trends. Its scoring system, visual cues, and alerts offer an intuitive trading journey. ═════════════════════════════════════════════════════════════════════════ 🌳 Bonsai 🌳 Trend Analysis Indicator 📘 Overview Bonsai is...
█ OVERVIEW This is a collaboration of efforts of The Academy of Forex and UPRIGHT Trading . The Academy of Forex - Scalp Strategy Indicator is a clean & reimagined lower indicator. To enable optimization & potential automation, we re-coded & optimized it at UPRIGHT Trading. It is based on the one presented on its YT channel. The idea is for it to be an easy...
TENKAN SCALP is a fully automatic trading system. It is a continuation of our previous ichimoku release. This time however we throw out the rule book and use ICHIMOKU in a very different way. It applies non traditional money management tactics. While most trading strategies rely on a stop loss and a take profit target to manage risk. This strategy uses either...
Library "libKageBot" Library of function to generate command strings for bots FrostyBot and Zignally. This version ONLY WORKS WITH FROSTYBOT. strSize(_sizePercent, _sizeCurrency) Converts a float to a formated string suitable to position size in percentage or currency. At leaste one parameter must be given Parameters: _sizePercent : (float) ...
About this Strategy This supertrend strategy uses the Heikin Ashi candles to generate the supertrend but enters and exits trades using normal candle close prices. If you use the standard built in Supertrend indicator on Heikin Ashi candles, it will produce very unrealistic backtesting results because it uses the Heikin Ashi prices instead of the real prices....
Hello All This is non-repainting Supertrend Multi Time Frame script, I got so many request on Supertrend with Multi Time Frame. This is for all of them ..I am making it open for all so you can change its coding according to your need. How the Basic Indicator works SuperTrend is one of the most common ATR based trailing stop indicators. In this version...
This is an example snippet that should allow for adding a trailing stop and trailing stop activation to almost any script. You can use it by setting a trailing stop alone. This will provide you standard trailing stop functionality allowing you to lock in profits and increase your stop-loss as the price moves in your direction. You can also set the trailing stop...
I've added Buy & Sell Flags - They will be used to add Longs and Shorts Flags as well as the ability to add alerts on them. What triggers the Buy signal? Buy signal = This indicator make use of the rsi (Relative Strength Index) to look at specific overbought and oversold levels as confirmation if it is an uptrend and not overbought yet. This will indicate that a...
Library "threengine_global_automation_library" A collection of functions used for trade automation getBaseCurrency() Gets the base currency for the chart's ticker. Supported trade pairs are USD, USDT, USDC, BTC, and PERP. Returns: Base currency as a string getChartSymbol() Get the current chart's symbol without the base currency appended to it....
This toolkit is a collection of innovative indicators, carefully designed to be as user friendly as possible. Get access to a collection of all the best we can offer in one indicator. Providing Multiple Trading Styles Our toolkit works in any market but has been specifically designed for Bitcoin and Forex. Detect the direction of the trend using an...
This strategy is based on the AlphaTrend indicator by KivancOzbilgic A full description of this algorithm functionality may be found by clicking the linked image above. Changes and/or additions: It is now a backtestable strategy Updated alert trigger logic Easy integration with ProfitView to use this algorithm for automated trading When you create an...
This strategy will enter positions when the set stochastic conditions are met, and uses the moving average to filter the direction of the trades (long/short). The background is used to illustrate the strength of the stochastic values. The following is a step by step guide in order to automate the trading of the strategy with ProfitView: In the indicator...
The base for this strategy is the "Backtesting 3commas DCA Bot v2" script by rouxam. I have made some additions, edits, and fixes, as well as tailored it for usage with ProfitView. The strategy works in such a way that you select one or multiple rules together, in order to determine when a trade should be initiated. The selectable rules are: RSI-7: Initiate...
The trendline script is made for manual input of trendlines using point clicks on the chart. The script will then see if price respects these lines by the parameters you input in settings panel. On a respectable bounce it will print buy/sell arrows. The script also has functionality to send alerts, this is helpful if you want to automate trendlines. I created this...
Hello Traders! Starting from an idea of youtube channel "Ultra Trader", we have developed this simple indicator and prepared to be used with EasyTrade software. You can setup Alerts for Crypto or Forex/Indices/Stocks/etc... The simple but working idea behind this indicator, is a combination of "Chandelier Exit strategy" and EMA 200. It's great on long...