INVITE-ONLY SCRIPT
Jedi Knight XBTUSD Trend Following Script
This script is meant mainly for use on BitMex's XBTUSD instrument, and provides buy and sell signals for use in the event the user would like to automate it. Read below for more information on how it might be used:
The underlying logic in this script reads specific indicator conditions to identify when a change in medium-to-long term trend direction is taking place. This script is great at ignoring the short-term choppy conditions that BTC/USD often goes through, which can cause other indicators to give conflicting signals and flip-flop often.
The BTC/USD market is one that trends often, and because this script is specifically meant to identify medium-long term trends, it is meant for use specifically on BitMex's XBTUSD instrument. It is built with a Stop-Loss input included to minimize any losses, and currently works most profitably with a 3% Stop-Loss set.
It can be used in all conditions on the BitMex XBTUSD market.
The underlying logic in this script reads specific indicator conditions to identify when a change in medium-to-long term trend direction is taking place. This script is great at ignoring the short-term choppy conditions that BTC/USD often goes through, which can cause other indicators to give conflicting signals and flip-flop often.
The BTC/USD market is one that trends often, and because this script is specifically meant to identify medium-long term trends, it is meant for use specifically on BitMex's XBTUSD instrument. It is built with a Stop-Loss input included to minimize any losses, and currently works most profitably with a 3% Stop-Loss set.
It can be used in all conditions on the BitMex XBTUSD market.
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