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Macdivergence

NGRN MACD-X & RSI v3.1 STRATEGYMACD-X, RSI & Volume Indicator Strategy - Version 3.1 Overview This strategy and it's associated study were modeled after the famous Philakone described algorithms on his now defunct instructional video series. This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading methods to their desired goals. This associated strategy also allows users to backtest the study alerts script and find the best settings towards that end. MACD + RSI + VOLUME - are of the most powerful and widely usded indicators, MACD/Histogram crosses, coupled with RSI & Volume increases/decreases will detects areas of deeply oversold / overbought and buys/sells on the reversal Features Full customisation - All parameters are open for customising to allow the trader to build their own strategy and adapt from market to market. Clean/Simple UI - Facilitating ease of use. Enable Buying or Selling, - or have them both active at the same time. Toggle off and on ALTERNATING Buy and Sell feature (pyramiding) - to allow for consecutive dollar cost averaging style buys or SCALING out of an entry (partial sell). Customizable Stop-Loss plot - to enable users to create a STOP-LOSS alert option or other alert(s) based on the plot location. See settings screenshot. Study and associated Strategy - to use the TradingView ‘Strategy Tester’ back-testing features to find the best alert settings for specific coins in bear, bull and sideways markets. Changes Version 3.1 UI consolidates reduntant script inputs making the script easier to use. Fixes STOP-LOSS algorithm. Adds a STOP-LOSS Plot (red line) to enable users to create a STOP-LOSS alert option or other alert(s) based on the plot location. See settings screenshot. Access Full Access is 0.1 ETH , one time fee for LIFETIME access to the STUDY indicator, STRATEGY and future updates as well as support and SETTINGS for various markets on the Binance Exchange. Settings BUY SETTINGS: prntscr.com SELL SETTINGS: prntscr.com STOP-LOSS SETTINGS : prntscr.com
Pine Script® strategy
by mnigirn118
2
NGRN MACD-X & RSI v2 StudyMACD-X, RSI & Volume Indicator Study - Version 2.0 Overview This study and it's associated strategy were modeled after the famous Philakone described algorithms on his now defunct instructional video series. This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading methods to their desired goals. This associated strategy also allows users to backtest the study alerts script and find the best settings towards that end. MACD + RSI + VOLUME - are of the most powerful and widely usded indicators, MACD/Histogram crosses, coupled with RSI & Volume increases/decreases will detects areas of deeply oversold / overbought and buys/sells on the reversal Features Full customisation - All parameters are open for customising to allow the trader to build their own strategy and adapt from market to market. Toggle Buying and Selling, or have them both active at the same time. Toggle off and on ALTERNATING Buy and Sell feature to allow for consecutive DCA style buys or SCALING out of an entry (partial sell). Access Full Access is 0.07 ETH, one time fee for full unlimited access to the indicator, strategy and future updates as well as support and SETTINGS for various markets on the Binance Exchange (currently only USDT)
Pine Script® indicator
by mnigirn118
15
MACDouble & StochRSI w/ safeties and variable time interval v0.3UPDATE: IMPORTANT!!! MAKE SURE "RECALCULATE AFTER ORDER FILLED" IS CHECKED. I will have it on by default in the future. This is a continuation of my previous scripts of two MACD indicators with a Stochastic RSI indicator. New features: - Alternate MACD time interval You can now set the time interval for the second MACD indicator to a different resolution than the displayed chart. Uncheck the box and select the desired interval. For example, if your chart is set to 15min then first MACD will be set at 15 min and you can select 5 min for the second MACD. - Alternate StoRSI time interval You can (and should) set the StochRSI to a different time interval as well. StochRSI hasn't worked great with previous versions. Now you can set it to a different time resolution as well. I strongly recommend you set it at a higher (slower) resolution; for example if your chart is set at 15min then you should test setting the StochRSI at 30 or 45min. - ' True" StochRSI logic Trading logic for StochRSI is now a true StochRSI, instead of just reading "k" and ignoring "d", K now has to be greater than D to buy and less than to sell. - Safeties A primitive but low risk safety in the form of an uptrend/downtrend price safety. If current close+high isn't greater than the previous close and high then the buy order will not be executed. The same applies for sell orders. - Cap on losses from short positions A stop loss safety set to 9000 for exiting sell positions. This will need refinement in the future but this puts a cap on losses from any sell position. At an initial currency of 10,000 this translates to 90.00. If it is giving you problems simply delete line 78 from the source code. Please feel free to ask any questions or send me suggestions. This is still very much a work in progress and I'll try to polish up the rough spots but it is fully functional. With a slower StochRSI and the safeties I have gotten it to consistently outperform the old 2x MACD strategy script---typically by 3-fold.
Pine Script® strategy
by RyanMartin
6
MACDouble + RSI (rec. 15min-2hr intrv) Uses two sets of MACD plus an RSI to either long or short. All three indicators trigger buy/sell as one (ie it's not 'IF MACD1 OR MACD2 OR RSI > 1 = buy", its more like "IF 1 AND 2 AND RSI=buy", all 3 match required for trigger) The MACD inputs should be tweaked depending on timeframe and what you are trading. If you are doing 1, 3, 5 min or real frequent trading then 21/44/20 and 32/66/29 or other high value MACDs should be considered. If you are doing longer intervals like 2, 3, 4hr then consider 9/19/9 and 21/44/20 for MACDs (experiment! I picked these example #s randomly). Ideal usage for the MACD sets is to have MACD2 inputs at around 1.5x, 2x, or 3x MACD1's inputs. Other settings to consider: try having fastlength1=macdlength1 and then (fastlength2 = macdlength2 - 2). Like 10/26/10 and 23/48/20. This seems to increase net profit since it is more likely to trigger before major price moves, but may decrease profitable trade %. Conversely, consider FL1=MCDL1 and FL2 = MCDL2 + (FL2 * 0.5). Example: 10/26/10 and 22/48/30 this can increase profitable trade %, though may cost some net profit. Feel free to message me with suggestions or questions.
Pine Script® strategy
by RyanMartin
6