ivc1883

ETHUSDT Long-Short using EMA,OBV,ADX,LinearReg,DXY(No repaint)

This script strategy is used to follow the trending EMA with a delta difference (Price-EMA) to know when to enter and with 5 variables mentioned below, stop loss is below EMA line all the time in long and above EMA line in short, is like a trailing stop after candle is closed. Hard stop is also placed to prevent big candles movements, also correlation between VIX and ETH when the correlation is <-0.2 the position can be opened.

Indicators used:
EMA , OBV , ADX , Linear regression and Dollar Index trending, Leverage is available for Long and Short positions.

LONG
  • When Price is above EMA and price-ema difference is smaller than "Long delta Price/MA"
  • OBV(4hrs) is above OBV-EMA(110)
  • Linear regression is strong
  • ADX is strong >50
  • DXY is trending down

SHORT
  • When Price is below EMA and ema-price difference is smaller than "Long delta Price/MA"
  • OBV(4hrs) is below OBV-EMA(110)
  • Linear regression is weak
  • ADX is weak <50
  • DXY is trending up



ETHUSDT 30 minutes Timeframe


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