Finns Trading Algorithm Alerts
I have developed a Microprofit Script for Tradingview and would like to introduce you to it.
First of all some keypoints to it:
-It uses Gunbot
-Many Microtrades on a bullish market
-Even make Profit on Sideway & wavy downtrends
-Double up to infinity
-Controlled downtrend averaging
-Visualizer available allowing visible emulation of the Script & Gunbot trading together.
-More Features & Optimization still to come!
Implemented option to not plot anything as one user had crashes otherwise.
Implemented choice to choose what max % difference from the current value to the last opening is allowed for triggering pump buys.
HOWEVER: I have backtested some bags of the near past and not limiting the pump buys has shown to maybe make the bags sometimes a little bit bigger but actually lower the AVG bought value of that bag, which means they sell faster and buy more aggressively.
Implemented Trendbuys: An aggressive buy mode on a clear uptrend
Implemented A buylock: Buys on top are mostly gone now, thus bags are
Better sells -> If you want a safe bag handling turn off pyramid
Complete refinement of Several Buys and all Sells!
More trades, less bags, more microprofits
Introduction of Trendwatcher:
Stop bad buys
Buy into a Trend timeframe
Trend sells with higher accuracy at the end of a local trend
Avoid getting bagged up most of the time now in the first place
Don't buy when whales play narrow pingpong or in consolidation phases
->Bag handling a lot better according to backtesting
->See where it really buys
->Set it on 1 Minute on close to avoid false triggers
- REVERTED TO 3 MINUTES
- Added a new sell mechanism based on TSSL to wait out trends until the end
- Added a new buy mechanism
- Added 2 buy prohibiting mechanisms based on MA to prevent buys when the direction becomes unclear and prevent buying when a price goes flat. 2 Examples where whole areas of messy buys are wiped out: Ex1 and Ex2
- Fixed a few values
- Prevent Sell signal spamming by only sending signals when Sell signal is higher than last buy price
- Implemented a mechanic to stop buys on downhill rides
- Implemented a mechanic to stop some top buys
- Implemented a new sell method based on a custom RSI trailing stop.
- Smart switching between sellmodes
- Got rid of one bad buy mechanism
- Extended Sell mechanism palette to get crucial sells
- Added new mechanism to stop top buys
- tweaked a few variables during backtesting
The effect of these changes has dramatically reduced bag production. The script now rarely produces bags and is safer to use on higher volume, as buys are way more certain profits
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Damasta directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Damasta directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.