INVITE-ONLY SCRIPT
Karkadann
Karkadann is an indicator derived from a Naberius trading algorithm. It represents a medium ground between our two other algorithms Mammon and Malphas.
It detects the current trend ranges in the market and prints a suggested entry accordingly at assumed trend channel tops & bottoms upon encountering stalled out price action usually indicative of a retracement. As such, Karakadann can be traded on nearly any timeframe.
This algorithm was developed to trade primarily leveraged XBT; however, after exploring larger alt coins and the more traditional markets outside of cryptocurrency we found that Karkadann does better than the average trader regardless of the pair or ticker being traded at the time. Any core changes to the live trading algorithm will be added to this indicator as they are deployed.
Suggested Methods of Operation:
1. Buy and Sell signals represent a possible trading opportunity. Based on our testing, manual traders should use the 15m - 60m for scalping and 240m - 1D for larger swings.
2. Upon signal print, place your limit orders spread throughout the current candles total body range. DO NOT MARKET IN. DO NOT CHASE. If the limit orders don't fill within the following candle regardless of timeframe being traded remove them and re-evaluate.
3. Use standard candles. Heikin Ashi candles are ok but can be deceiving in times of localized price volatility
4. Trade the trend or wait for extreme price action, counter to the trend, to take up positions.
It detects the current trend ranges in the market and prints a suggested entry accordingly at assumed trend channel tops & bottoms upon encountering stalled out price action usually indicative of a retracement. As such, Karakadann can be traded on nearly any timeframe.
This algorithm was developed to trade primarily leveraged XBT; however, after exploring larger alt coins and the more traditional markets outside of cryptocurrency we found that Karkadann does better than the average trader regardless of the pair or ticker being traded at the time. Any core changes to the live trading algorithm will be added to this indicator as they are deployed.
Suggested Methods of Operation:
1. Buy and Sell signals represent a possible trading opportunity. Based on our testing, manual traders should use the 15m - 60m for scalping and 240m - 1D for larger swings.
2. Upon signal print, place your limit orders spread throughout the current candles total body range. DO NOT MARKET IN. DO NOT CHASE. If the limit orders don't fill within the following candle regardless of timeframe being traded remove them and re-evaluate.
3. Use standard candles. Heikin Ashi candles are ok but can be deceiving in times of localized price volatility
4. Trade the trend or wait for extreme price action, counter to the trend, to take up positions.
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作者的说明
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系RickWriggler。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。