OPEN-SOURCE SCRIPT
Updated Easy 5 Minute Futures Trading Signals Strategy
BTCUSDTHi guys!
- This strategy helps you when you take a buy or sell position, if the repetitive signal trend changes, it does not issue multiple buy or sell backs and the next signal changes and if your first buy or sell position is wrong, it helps you Compensate for the next position.
- Using the redesign of the MACD & AO indicator by deleting the signal line and the MACD line, and using the histogram when it intersects the zero line, and using the Average True Range (ATR) indicator to prevent duplicate buy or sell signals.
- In addition, dynamic support and resistance and a higher time frame such as 15 minutes have been used to better detect the ascending or descending trend.
- The difference between this strategy and similar ones is that I used two separate formulas to calculate the buy and sell signals, not a fixed formula. Go to the settings and see, and if you are not careful enough with the default settings, Change your trading style to reach the best number in your desired time frame.
- Automatic change of settings in different timeframes.
- In short, you are surfing the chart until you find the right position.
Release Notes
Offer the best numbers according to the time frame of your choiceRelease Notes
Change the default numbersRelease Notes
Added RSI to the tableRelease Notes
Added number suggestions in the tableRelease Notes
Manually add optimal numbers for 1 minute, 3 minute, 5 minute and 15 minute timeframes in the tableRelease Notes
Improved table colorRelease Notes
Great update in all cases such as settings table and colorsRelease Notes
Correct the price of decimal currencies and change the default numbers of 1-minute timeframesRelease Notes
Change 15-minute timeframe numbers and automatically change the correct and incorrect color settingsRelease Notes
Improved settingsRelease Notes
Added version to table.Release Notes
Shift the order of buy and sell signals in the settings.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.