Easy Profits with TSI protect V-1
This is a simple script, giving open and close position signals.
I've added a trend strength protection which can be tuned to suit your preferences with regards to buys you would rather want to avoid.
There are two companion scripts so you can visually see straight forward entries without the "TSI".
The second companion is simply to visualize where the "TSI" confirms the trend strength according to your settings.
Tsi companion filled green will confirm a buy signal and the bot will receive a buy signal.
Tsi companion filled red will void the buy signal and the bot will not receive the buy signal.
The purpose for the "TSI" protection is to make it possible to filter out more negative trades in a bearish trend . (However note that being more aggressive with the "TSI" can result in blocking good trades).
I found with most scripts that it's inevitable that there will be negative trades when the chart is noisy and doesn't really have a direction.
Ultimately the goal is to minimize these trades and their percentages.
The reason I created the script was, because I found some scripts extremely complicated and not suited for beginners and someone who can't spend a lot of time on setups.
It's important to have protection settings off in your bot settings as this script is designed to get you out of negative positions as quickly as possible, eliminate big bags and rather find new entries when the trend changes bullish .
How effective this strategy will be is completely in your settings and time frames.
Very important to keep the following in mind:
1) The longer the time frame, the more accurate the back testing will be as spread and volume plays a big role in the back testing. Longer time frames finds less impact from these two factors.
2) Don't get nervous if you see lower prices during the trades this will happen as the defaults are more swing trade settings and could take a couple of days to close the trade.
3) When creating alerts make sure to use. "BUY" and "SELL" with "Shapes".
4) Use close off candle as repainting is greatly inevitable.
5) In current market conditions (April 2019) i find it most effective with 30min and Higher time frames. (I will update this statement when we pick up more confidence and movement in the market).
6) EXTREMELY IMPORTANT: ALWAYS CHECK THAT WHEN BACK TESTING THAT THE PERFORMANCE SUMMARY IS SET TO ("Easy Profits with TSI V-1").
Included scripts.
1) Easy profits with TSI protect V-1.
2) Easy profits with TSI ALERTS.
3) Easy profits cross companion.
4) Easy profits TSI companion.
Setup.
You can change your currency properties. Settings: Order size = Trading limit setting in your bot
Commission = Trading fees from your exchange
Currency = (BTC-pairs = Default)
Date range is straight forward with the option to highlight the back test period background.
Date range is adjustable in all four scripts.
Updates in progress.
Adding switches to the main script.
Any requests are welcome.
Fees for access will be 0.005 BTC .
All users with access will have access to all future updates regardless of price increases.
I would love to hand this script out for free but it does take a lot of time creating and testing these scripts.
However I will grant 2 Days access for requests. Once you would like to purchase, I will grant access to the alerts script.
I will be implementing a referral program...
Telegram group= Easy profits script.
I've added a trend strength protection which can be tuned to suit your preferences with regards to buys you would rather want to avoid.
There are two companion scripts so you can visually see straight forward entries without the "TSI".
The second companion is simply to visualize where the "TSI" confirms the trend strength according to your settings.
Tsi companion filled green will confirm a buy signal and the bot will receive a buy signal.
Tsi companion filled red will void the buy signal and the bot will not receive the buy signal.
The purpose for the "TSI" protection is to make it possible to filter out more negative trades in a bearish trend . (However note that being more aggressive with the "TSI" can result in blocking good trades).
I found with most scripts that it's inevitable that there will be negative trades when the chart is noisy and doesn't really have a direction.
Ultimately the goal is to minimize these trades and their percentages.
The reason I created the script was, because I found some scripts extremely complicated and not suited for beginners and someone who can't spend a lot of time on setups.
It's important to have protection settings off in your bot settings as this script is designed to get you out of negative positions as quickly as possible, eliminate big bags and rather find new entries when the trend changes bullish .
How effective this strategy will be is completely in your settings and time frames.
Very important to keep the following in mind:
1) The longer the time frame, the more accurate the back testing will be as spread and volume plays a big role in the back testing. Longer time frames finds less impact from these two factors.
2) Don't get nervous if you see lower prices during the trades this will happen as the defaults are more swing trade settings and could take a couple of days to close the trade.
3) When creating alerts make sure to use. "BUY" and "SELL" with "Shapes".
4) Use close off candle as repainting is greatly inevitable.
5) In current market conditions (April 2019) i find it most effective with 30min and Higher time frames. (I will update this statement when we pick up more confidence and movement in the market).
6) EXTREMELY IMPORTANT: ALWAYS CHECK THAT WHEN BACK TESTING THAT THE PERFORMANCE SUMMARY IS SET TO ("Easy Profits with TSI V-1").
Included scripts.
1) Easy profits with TSI protect V-1.
2) Easy profits with TSI ALERTS.
3) Easy profits cross companion.
4) Easy profits TSI companion.
Setup.
You can change your currency properties. Settings: Order size = Trading limit setting in your bot
Commission = Trading fees from your exchange
Currency = (BTC-pairs = Default)
Date range is straight forward with the option to highlight the back test period background.
Date range is adjustable in all four scripts.
Updates in progress.
Adding switches to the main script.
Any requests are welcome.
Fees for access will be 0.005 BTC .
All users with access will have access to all future updates regardless of price increases.
I would love to hand this script out for free but it does take a lot of time creating and testing these scripts.
However I will grant 2 Days access for requests. Once you would like to purchase, I will grant access to the alerts script.
I will be implementing a referral program...
Telegram group= Easy profits script.