minimum risk V.1Was playing around and I've had this idea: most of day traders looking for catching price swings and sometimes they forgot about risk, so I was keeping focus not on price swings but on risk-momentum: the idea was to catch daily moments when the risk was minimum and this is the result.
There are some rules to use it correctly
1. Use it on lower timeframe (1M to 30M) best --> 1M to 5M
2. Do not open position on every signal !! keep focusing on the price
3. works better on Forex
upin and doin input: you can change it and you will see more signals but keep this inputs low as it is a filter I'm using for signals
I will update the indicator if I found new ideas
Enjoy!!
Scalper
[astropark - Premium] 1m Renko Scalper V2 [alarms]Dear Followers,
today a new Scalper Tool , which works great on 1 minute timeframe , which is the best and more secure timeframe to use on a Renko chart, besides it works great up to 15m (I don't suggest to use a renko chart over 15m timeframe)!
It is an upgraded version of Bitmex Renko Scalper that you can find in my tradingview script page.
This tool has some cool features:
it works on 1 minute timeframe : so you can enjoy high-frequency trading by using a 24/7 running bot;
wait bricks optional mode : you may like to make script wait for triggering a new signal by waiting 1 or 2 more confirmation bricks
trailing stop : you can set a trailing stop in trade, so script will alert you if it will be reached in chart
This strategy can trigger till 5 buy or 5 sell signals in a row before reverting, so use a proper money management .
Strategy results are calculated on the timeframe from july to now, so on about 4 months, using 10000$ as initial capital and working at 3x leverage (very safe leverage!).
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss at 5% from entry point or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The backtesting script version of this indicator, which will let you backtest this script and find best settings for your preferred market, can be found here below:
On Bitmex XBTUSD chart best settings is Traditional Renko chart with 10$ box size.
This is a premium indicator , so send me a private message in order to get access to this script .
[astropark - Premium] 1m Renko Scalper V2 [strategy]Dear Followers,
today a new Scalper Tool , which works great on 1 minute timeframe , which is the best and more secure timeframe to use on a Renko chart, besides it works great up to 15m (I don't suggest to use a renko chart over 15m timeframe)!
It is an upgraded version of Bitmex Renko Scalper that you can find in my tradingview script page.
This tool has some cool features:
it works on 1 minute timeframe : so you can enjoy high-frequency trading by using a 24/7 running bot;
wait bricks optional mode : you may like to make script wait for triggering a new signal by waiting 1 or 2 more confirmation bricks
trailing stop : you can set a trailing stop in trade, so script will alert you if it will be reached in chart
This strategy can trigger till 5 buy or 5 sell signals in a row before reverting, so use a proper money management .
Strategy results are calculated on the timeframe from july to now, so on about 4 months, using 10000$ as initial capital and working at 3x leverage (very safe leverage!).
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss at 5% from entry point or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution.
This script will let you backtest this script and find best settings for your preferred market. On Bitmex XBTUSD chart best settings is Traditional Renko chart with 10$ box size.
The alarms version of this indicator, which will let you set all notifications you may need in order to be alerted on each triggered signals, can be found by searching for "1m Renko Scalper V2".
This is a premium indicator , so send me a private message in order to get access to this script .
[astropark] Super RSI [alarms]Dear Followers,
today a new Scalper Tool , which works great on 3 minutes and 5 minutes timeframes , but also down to 1m and up to 30m!
I called it " Super RSI ", as it is based on RSI and inherits some basic functionality from it.
If you check its settings, you will see that you can have 3 different buy-sell sources (first two are active by default):
STRONG BUY/SELL : buy when white area deeply falls into oversold-red zone and sell when white area gets into overbought-green zone (you can set and edit at which level oversold and overbought zones start);
CROSSES : buy when the black RSI line in the middle between red and green area cross under the buy cross limit value and sell when it crosso over the sell cross limit value (you can set and edit specific cross ranges for both buy and sell);
WEAK BUY/SELL : buy when green area at least go below 50 level and sell when red area at least goes above 50 level (you can edit both levels); these conditions are highlighted as background color and are very useful for taking (at least partial) profits in trades.
By default the script will be placed as overlay on the chart, but
> you can activate the oscillator plot by disabling the "hide all plot" option
> and place it in a below pane by clicking on the black arrow at then end on the indicator name in chart and selecting "move to -> a new pane below"
This strategy can trigger till 10 buy or 10 sell signals in a row before reverting, so use a proper money management .
Strategy results are calculated on 20 trading days using 1000$ as initial capital and working at 10x leverage.
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss at 3-5% from entry point or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The backtesting script version of this indicator, which will let you backtest this script and find best settings for your preferred market, can be found here below:
This is a premium indicator , so send me a private message in order to get access to this script .
[astropark] Super RSI [strategy]Dear Followers,
today a new Scalper Tool , which works great on 3 minutes and 5 minutes timeframes , but also down to 1m and up to 30m!
I called it " Super RSI ", as it is based on RSI and inherits some basic functionality from it.
If you check its settings, you will see that you can have 3 different buy-sell sources (first two are active by default):
STRONG BUY/SELL : buy when white area deeply falls into oversold-red zone and sell when white area gets into overbought-green zone (you can set and edit at which level oversold and overbought zones start);
CROSSES : buy when the black RSI line in the middle between red and green area cross under the buy cross limit value and sell when it crosso over the sell cross limit value (you can set and edit specific cross ranges for both buy and sell);
WEAK BUY/SELL : buy when green area at least go below 50 level and sell when red area at least goes above 50 level (you can edit both levels); these conditions are highlighted as background color and are very useful for taking (at least partial) profits in trades.
By default the script will be placed as oscillator on a specific pane below the chart, but
> you can disable the oscillator plot by enabling the "hide all plot" option
> and place it as overlay on chart by clicking on the black arrow at then end on the indicator name in chart and selecting "move to -> existing pane above"
This strategy can trigger till 10 buy or 10 sell signals in a row before reverting, so use a proper money management .
Strategy results are calculated on 20 trading days using 1000$ as initial capital and working at 10x leverage.
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss at 3-5% from entry point or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution.
This script will let you backtest the strategy and find best settings for your preferred market.
The alarms script version of this indicator, which will let you set all notifications you may need in order to be alerted on each triggered signals, can be found by searching for " Super RSI".
This is a premium indicator , so send me a private message in order to get access to this script .
CCI Stochastic and a quick lesson on Scalping & Trading SystemsHello traders
Still on holidays but I don't and will never forget you <3
I realize more and more that you guys don't only want some indicators and learn about pinescript. You also want some guidance and get some mentors providing you with comprehensive and simple trading methods and tricks.
I'm against those posting many scripts a day that in the end will make you lose your money because they don't give you the methodology to use them
It might look nice on the charts but we're not here to do some painting.... but to improve our lifestyle right :)
The today indicator is based on an indicator that I used for scalping : Fxcodebase CCI Stochastic
A CCI stochastic is very reactive and allows us to take many scalps trades per day with a few pips/USD gain for each trade. I don't recommend novice traders to use it and I strongly recommend everyone reading my disclaimer below basically saying "I'm not a financial advisor, don't be dumb, stay safe"
(I also recommend the few scripts copy-pasters to read my disclaimer as well)
What's a novice trader, sir? Well... thanks for asking. A novice trader is any trader with less than 5 years of live trading experience
From a pinescript perspective, this script will be however interesting for everyone :)
How to use it?
The indicator gives 3 possible entries for Longs and Shorts:
- Arrows at Enter - Will give signals whenever the Stoch CCI will enter in the BUY/SELL zone
- Arrows at Exit - Will give signals whenever the Stoch CCI will exit the BUY/SELL zone
- Arrows at Center - Signals whenever the Stoch CCI will cross the mid-line (50)
All arrows have different colors because ... painting is cool and nice.... kidding.... it gives clearer and more readable signals on the chart (but painting sir...)
A possible trading method could be to use the 3 modes at the same time to get the maximum of opportunities.
The safer bet is to use the "Arrows at Exit" only mode but for those who want to accumulate more scalping positions, adding the "Arrows at Enter" mode is an option as well. In other words, you accumulate a few scalping positions whenever the Stoch CCI get in the BUY/SELL zone and will stop accumulating whenever it will exit the BUY/SELL zone
You can add a few extra positions whenever the Stoch CCI will cross the mid-line as it often translates in a trend continuation
Life hack
Very important note : (probably the most important gem I shared until now) The inputs set by default will have to be changed for your asset/timeframe and can't be generic for everything. You have to play with the inputs until the signals will make sense to you
The indicator/strategy with a unique configuration that you'll never check or update according to the market condition DOES NOT exit.
If you find such a tool and prove me that you're making constant gains with it over a year, please patent it and then show it to me as I'd like to study it to replicate :) But most likely this is a myth/unicorn
Who I am to say this? Well, I worked in a Bank with real traders and I have a good sense of what works and what will certainly not work
My guru said scalping crypto in 1 second timeframe was the way to get rich quick. Do you agree sir?
But in trading, this is not because you take the maximum of trades possible that your gains will increase. This is the contrary.
There is a strong and proven inverse correlation between the number of trades taken and how fast you'll burn your capital. A swing trader taking 2/3 trades a month is more likely to beat 99% of the scalpers out there trying to predict all market movements. (and I'm not even talking about how dangerous it is to scalp with leverage)
You're starting to know me a bit more right now. I prefer to tell you what you need to hear vs what you want to hear because the second option doesn't allow to stay in the game very long.
I might lose some futures clients along the way by saying that but for my own conscience and ethics, I prefer to warn about the true risks of trading and to select who you listen very carefully (the advice also works for me, if you feel what I said doesn't make sense, this is totally your right but I hope this is because I'm french and not because of the content ^^).
See you tomorrow for another indicator or idea
Love you all
Dave
____________________________________________________________
Be sure to hit the thumbs up. Building those indicators take a lot of time and likes are always rewarding for me :) (tips are accepted too)
- If you want to suggest some indicators that I can develop and share with the community, please use my personal TRELLO board
- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Disclaimer:
Trading involves a high level of financial risk, and may not be appropriate because you may experience losses greater than your deposit. Leverage can be against you.
Do not trade with capital that you can not afford to lose. You must be aware and have a complete understanding of all the risks associated with the market and trading. We can not be held responsible for any loss you incur.
Trading also involves risks of gambling addiction.
Please notice I do not provide financial advice - my indicators, strategies, educational ideas are intended to provide only some source code for anyone interested in improving their trading
The proprietary indicators and strategies developed by Best Trading Indicator, the object of intellectual property rights are and remain the exclusive property of Best Trading Indicator, at the exclusion of images and videos and texts free of rights or provided by the Company or external legal or physical person.
No assignment of intellectual property rights is carried out through these Terms and Conditions.
Any total or partial reproduction, modification or use of these properties for any reason whatsoever is strictly prohibited without the express written authorization of the Company.
EMA 21,13,8 - scalping3 EMAs will help identify and predict uptrends and downtrends
-If EMAs are all above the candles it a sign to sell & if the EMAs are below its a sign to buy
- If the Green-8 EMA crosses or touches red candle then flips under the other EMAs & candles then it's time to sell
-If the Green-8 EMA crosses or touches green candle then flips above the other EMAs & candles then it's time to buy
- how far is the EMAs from the candle it'll show how strong the trend. combine this strategy with the stochastic oscillator & RSI to get the maximum benefit
SKARB Long/Short Scalping EURUSDThe indicator is specially created for scalping the euro-dollar
Best timeframes 5 m and 15 m
EMA - Trend Strength - 1m ScalperThis is a very special script based on volume, supertrend and ATR which works successfully on a 1m chart for bitmex.
ETH/USD
LTCM19
XRPM19
EOSM19
ADAM19
BCHM19
*private use only
5X 15-min Momentum Scalper by SW9KThis is the alpha release-candidate study script with indicator alerts included. It is currently open for select individuals to test.
The core of this momentum scalper is primarily based on a modified Schaff Trend (which in itself is based on Stochastic elements and MACD) and a modified T3-CCI oscillator, specifically calibrated for 15-minute type movements -- do not apply to any other timeframes. Although it will take small scalps, it is designed to recognize when to ride out underwater positions so use maximum leverage or 5X or you may risk liquidation. Also, there is a stop loss setting feature, but it may reduce profits and win rate.
You can verify the highly accurate 75% win rate performance statistics with 100,000 XBTUSD contracts simulated at .
Features:
40% 3-month net profit, 74.48% win rate, 2.988 profit factor, 3.13% max drawdown, adjusted Sharpe ratio of ~3
Optimized for 15 minute timeframe scalping
Attempts to recognize when to keep position open and ride them out into profitable or breakeven
Profitable even with full Bitmex taker fees (0.075%)
Pyramiding Setting (default 3)
Aggressive Mode to increase entries and potential profits at higher risk
Easy-to-set binary Alerts
Follow SW9K at www.twitter.com
15MEX Momentum Scalper (5X)Working prototype to accurately scalp on the 15 min chart for $XBTUSD pair on BitMex. Designed to let winners run a bit, without any pre-set stop loss. Model is optimized to allow 5X leveraged underwater positions to recover into profitability. Do NOT overleverage with this strategy or you will be liquidated.
Simulated with trades since March 1, 2019, with 100k contract size entries.
[HTI] Hiubris Trend Indicator 1.4Hiubris Trend Indicator is super easy to use.
The Indicator includes Long and Short signals on chart, based on the current Trend direction - These signals can be also set up as Alerts.
It also includes multiple partial Exit Points (Take Profits) that can be used to lock in the profit you have made - These signals can be also set up as Alerts.
The Take Profits have a custom input that can be adjusted by the user regarding the frequency of the take profits - (The risk involved in each trade)
The indicator has a special Stop Loss feature that activates after a certain custom number of Take Profit points passed, locking down your profits you have made so far - These signals can be also set up as Alerts.
Hiubris Trend Indicator is very profitable on higher timeframes (45min, 2h, 4h) - It can also be used on lower timeframes, together with another HigherTimeframe Trend indicator, acting as a filter for the alerts (Ex: Hiubris Long Term Trend)
TripleTake BandsOur Most Requested Release (So you can all stop spamming me with PM's asking when it is going to be ready :D )
The original TripleTake indicator has been getting high praise from members of CryptoProTools.com but there was just one problem.. It only provided the buy signals.
This updated version comes with both the buy/long and sell/short signals. Margin traders rejoice!
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May the profits be with you! <(-.-)>
ABV Scalper - Free Bitcoin Scalper IndicatorExcited to bring you this totally free to use indicator to be used as a scalper for Bitcoin!
You are required to use the following:
Use with Bitfinex charts
Use Heiken Ashi candles
Use the 30m timeframe
UTC time setting
This indicator does not take new entries on weekends given lower volatility in the market. However, if it enters a trade it will manage the position over the weekend for Stop Loss and Take Profit logic.
This indicator is setup to be fully automated!
If you love this indicator and the work we put behind it - please give it a like and share it with your network!
Market SCALPER v0.1This is my personnal script and rules for scalping Cryptocurrencies (on bitmex) and SP500 (or DAX or DJI) on 1 minute timeframe
Advantages:
-Simple to use with clear rules
-High success rate (if you follow the rules)
-cheap Stoploss
- Mean risk-reward ratio>2.2
-Possibility to catch and stay in big move
Rules:
1) Use heinkin ashi candles (remove noise)
2)Long entry:
- Price above SMA50 (SMA 50 rising is better)
-White line = entry long if RSI is not red
-Stop loss few ticks below the recent low
-Take profit when red line or dots appear above bars
3) Short entry
- Price belowSMA50 (SMA 50 fallingis better)
-redline = entry short if RSI is not green
-Stop loss few ticks above the recent low
-Take profit when white line or dots appear below bars
Contact by MP for access rules
Johnny 5calper 2.0This is an oscillator that helps you get into and out of the market. Very simple to understand. I have attached a chart that shows its past performance with AMB 0.26% for the last 6 weeks.
5e_ CaptainBB w/mo-Alertswith the setups of bollinger and cap bands alongside multiple oscialltor alerts we can see how the mixture of the 3 work on the 2h ethereum chart.
basic rule is if the trend breaches the bollinger and cap band and the oscialltors agree then it is a buy/sell opportunity depending on where the break is made (upper would be sell, lower would be buy).
a cross over of the mid bband (21 ema ) below the mid cap band suggests the trend is negative = short, likewise a cross above the mid cap band suggests the trend is positive = long
watch for rejection around the mid bands area and be prepared to cut long/short early if rejection is seen.
best way to enter the trade is on confirmation and waiting for the price to find support inside the bands, fibonnaci will aid this too.
last tip is to use the daily pivot ; P, R and S to gauge knife catches, targets etc.
be wary on lower time-frames as signals will paint correctly but could be short lived on the chart (and fail without SL or TP).
used with heikin ashi will produce more signals.
using bars will produce the signals shown and color code the trend the best - authors favourite.
candles have same view as bars only colours seem weird.
^^up to you.
FYI bollinger basis is 21ma (not standard 20).
adjust colors to suit and reduce noise. for example dim the vertical bars as they are more for intra-channel scalping
//credit to ChartArt, CapnOscar and Hinco01 for their coding//
Bedrock Bot - BTCUSD 30m Scalper BotBedrock Bot trades on BTCUSD charts and is a high frequency scalper bot - for those that like a little more action.
The strategy was developed for use on more recent market conditions - smaller trends within larger sideways ranges. It will work in trends as well. It is made for quick take profits and tight stop losses to maximize overall profit and minimize losses (check out the win ratio and downdraw results). It does not trade on the weekends as much of the volume is now weekday based.
Backtest results look great and we have been running this bot on live markets as well in forward testing with profit results.
These live tests were done exclusively on BitMex and by using automation on Crypto Bots Hub . Monthly returns have been around 8% - you may think this doesn't sound amazing but understand compound interest and do check out the win percentage and downdraw. In these sideways markets, this can keep building your profits slow and steady with minimal risk.
The bot controls entries, stop losses, and take profits as part of the code.
Message me on information to get free access.