Skip to main content
Latest Crypto Fear & Greed Index


New Pine Script Strategy: SMA20-SMA200 Crossover


This strategy is a spin-off version of Golden Cross EMA50-EMA200 strategy. It has not been extensively tested compared to the previous strategy. It is slightly higher ROI but only works in very short time frame which is 1-min chart. 

Strategy Description: MA20 crossover MA200 and RSI (length 7) above 50

Expected potential ROI Monthly (in sideway/bullish market): 2%

Recommended Settings:

Pair: BTCUSDT, OPUSDT

Time frame: 1mins

Initial Capital: 100

Base Currency: Default

Order Size: 11 USDT

Pyramiding: 2 orders

Commission: 0.1 %

Take Profit: 1%

Stop Loss: 10%


//@version=4
strategy("MA20-MA200-crossover[capayam.com]", overlay=true)

// Define the inputs
sma20Length = input(20, title="SMA 20 Length")
sma200Length = input(200, title="SMA 200 Length")
rsiLength = input(7, title="RSI Length")
takeProfitPercentage = input(1, title="Take Profit Percentage")
stopLossPercentage = input(10, title="Stop Loss Percentage")

// Calculate the indicators
sma20 = sma(close, sma20Length)
sma200 = sma(close, sma200Length)
rsi = rsi(close, rsiLength)

// Define the entry conditions
enterLong = crossover(sma20, sma200) and rsi > 50

// Define the exit conditions
takeProfitLevel = strategy.position_avg_price * (1 + takeProfitPercentage / 100)
stopLossLevel = strategy.position_avg_price * (1 - stopLossPercentage / 100)
exitLong = crossunder(close, stopLossLevel) or crossunder(close, takeProfitLevel)

// Execute the strategy
if (enterLong)
    strategy.entry("Buy", strategy.long)
if (exitLong)
    strategy.close("Buy")

Comments

Popular posts from this blog

How to use trading bots?

 This video here explains how to install trading bot using TradingView and Trader Adaptor TraderAdapter link:  https://tradeadapter.com/ More detailed explanation and walk through updated on this page here.. How to start your own trading bots

Reserve Audit vs Exchange Reserves Data

If  you look into this top crypto exchanger list, there are some with Reserve Audit and some with the latter. Some with none at all. The list here by CoinMarketCap   https://coinmarketcap.com/rankings/exchanges/   What is Reserve Audit? A reserve audit is a process that involves verifying and validating the financial reserves held by a cryptocurrency exchange. It is conducted to ensure that the exchange has sufficient funds to cover its customers' deposits and withdrawals. The audit typically involves independent third-party firms or auditors who examine the exchange's bank accounts and cryptocurrency wallets to confirm the existence and accuracy of the declared reserves. The purpose of a reserve audit is to enhance transparency and instill confidence in the exchange's operations. What is Exchange Reserves Data? Exchange reserve data refers to the information or data related to the reserves held by a cryptocurrency exchange. This data can include details about the types and

Bitcoin halving explained for beginners

Outline 1. Introduction 2. What Is Bitcoin? 3. The Importance of Bitcoin Halving 4. How Does Bitcoin Halving Work? Block Rewards Halving Schedule Mining Difficulty 5. Previous Halvings and Their Impact 2012 Halving 2016 Halving 2020 Halving 6. Effects on Bitcoin Price 7. Preparing for Bitcoin Halving 8. Common Misconceptions 9. Security Concerns 10. The Future of Bitcoin Halving 11. Expert Opinions 12. Conclusion 13. Frequently Asked Questions What is the significance of Bitcoin halving? How often does Bitcoin halving occur? Can Bitcoin halving cause a drop in the price? How can I invest in Bitcoin before and after halving? What is the role of miners in Bitcoin halving? 1. Bitcoin Halving Explained for Beginners Cryptocurrency has taken the world by storm, and Bitcoin, being the pioneer, is often at the center of discussions. One of the critical events that significantly impacts the world of Bitcoin is the process known as "Bitcoin halving." If you're new to the world of