Noldo

ANN BTC MTF CM Sling Shot System

Hi all, this script was created as a result of ANN training in all time frames of bitcoin data.
Trained data is built on Chris Moody's Sling Shot system.

CM Sling Shot System :


This system automatically generates the ANN output for all time periods.
Therefore, it has multi-time-frame feature.

Artificial Neural Networks training details:

Average Errors

  • 1 minute = 0.005570
  • 3 minutes = 0.006674
  • 5 minutes = 0.007067
  • 15 minutes = 0.010000
  • 30 minutes = 0.009398
  • 45 minutes = 0.010000
  • 1 Hour = 0.006848
  • 2 Hours = 0.006901
  • 3 Hours = 0.009608
  • 4 Hours = 0.009774
  • 1 Day = 0.010000
  • 1 Week = 0.010000

The results look good (All Average Error <= 0. 01 ), the Sling Shot Method is also good, but you can also refer to historically slower period averages to filter these arrows a bit more. I leave the decision to you.
Best regards.


Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
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Website : https://www.autonomouscripts.com
E-mail : info@autonomouscripts.com

CAUTION : SCRIPTS AND WEBSITE ARE UNDER LONG TERM LAST UPDATE

Comments

Fantastic. Thanks
+1 Reply
good job
+1 Reply
Noldo q328314167
@q328314167, your welcome my friend.
Reply
Hi, can I use in forex market or binry option?
Reply
Hi, how can I put this indicator to work?
Reply
what is the meaning of aggressive entry and conservative entry?
Reply
Noldo kirankumar12000
@kirankumar12000, Hello . Conservative Entry = ema fast > ema slow and close > emafast vice versa for short. (Means all conditions ok)
Agressive Entry : emafast > emaslow and close < emafast vice versa for short. (Means ok for only pullbackup or pullbackdown reactions )
Regards.
Reply
@Noldo, Thanks for the response...i can see many moving averages in the input screens what is the significance of those...do we need change those according to our requirement or need to use the default settings...kindly guide us how to identify the high probability trades with this indicator.Thanks in advance for your support.
Reply
Noldo kirankumar12000
@kirankumar12000, Your welcome !
I think it would be more solid and simple to use only moving averages which are conservative.It means small position long on silver curve and small position short under silver curve. If you dont short and only sell under silver curve , it increases success probability,regards.
Reply
@Noldo, Awesome...Thanks a lot..!
+1 Reply
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