The new version is completely revamped where you no longer need to follow a said system the system is now scripted into SHEAVY XV the strategy using all the previous variables in order to go long or short . i removed the RSI Candles as well as a few other things to clear up the screen and settings section so its not overwhelming
MAKE SURE TO PRACTICE APPROPRIATE RISK AND MONEY MANAGEMENT
DISCLAIMER ***THIS SCRIPT WAS INTENDED FOR EXPERIMENTAL PURPOSES ONLY*** AND THE CREATOR OF THIS STRATEGY HELD WITHIN THE SCRIPT WILL NOT BE RESPONSIBLE FOR ANY LOSSES OR WINS ACCRUED.
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New colors for Trail stop as well as fixed the rendering issue of the chart when trail stop is displayed!
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New overlay fix! :)
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**WARNING THE DEFAULT ODER SIZE IS 100% OF EQUITY**
normal use is around 2-5%
Simple stragety that tells you what to do
Red is short Blue is long
purple orders are conditional closes once in a trade by either stop loss or exit parameters.
This script uses a trailing stop that can be adjusted
added a filter to enable display on smaller time frames
HOW TO USE SHEAVY S
You want to BE LONG when SHEAVY says to LONG
You want to BE SHORT when SHEAVY says to SHORT
YOU MAY take profits when it says too BUT no need as you can just follow the trend (pruple)
BUT profit taking at the points listed is not frowned upon IN FACT you should consider taking 20-50% off the table when it says to and enter back in with what you exited with once it shows a continuation of current trend
Another Key to understanding when to take profit is by use of SRSI (link below) and use #valley-range-theory to help understand what it takes to shift a trend. Once X range is broken then follow the steps to understand a breakdown. VRT and Breakdown rules are found inside the CCV Trading group, gain access to SHEAVY S and the CCV Trading family by following this link, cheers. https://www.cryptocurrentlyvip.com/
New color codes :) less settings for less clutter and confusion
Color code is below!
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NEW REHAUL ON THE ALGORITHM
Based on SUPER TREND with some additional variables provided by SRSI and ranges.
Very simple strategy that looks to take advantage of the volatility in crypto by taking profit often on spikes and rebuying back in if the trend isnt broken via Super trend and SRSI
No stop placement on this so that must be manual!
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revamped and a cleaner look with a better candle color code!
DM for access
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Many changes to clean up and have better accuracy!
I also made it so YOU adjust the TP since all coins move different and will have different results with different levels.
The standard settings are solid across many coins but wont be the best for all.
DM how to get access!
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Added some alerts to the BG and also better accuracy and less repaint issues.
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Major overhaul and added some things provided by an old Elevate member Startrk :)
NOW you can adjust and SEE the take profit levels
You can now see bull/bear exhaustion as well as the momentum still.
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Better variables and TP levels :)
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Changed one variable :)
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Added an optional stop :)
NOW all calculations are by TICK no longer by CLOSE so results should be more accurate
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reverted back to last update due to some issues i need to address on order execution.