capayam.com

This script actually does not really involve any Technical Analysis (TA). It just a bot that runs on traditional martingale strategy. Martingale startegy is a risk management strategy that originated in 18th-century France. It is based on the principle of doubling down on losses to recover them in the next winning trade. Strategy description: It places BUY order and double down (according to the multiplier) when the price got lower. TP as per your setting. This strategy works best during bearish period with recovery pattern. Recommended setting: Pair: SUIUSDT (Binance) Time frame:  5min Min capital in wallet:  168 USDT   The code as follows:  **Please read the important instruction in the code. // @version= 5 strategy ( "SUI(Binance TF5)www.capayam.com" , overlay = false , initial_capital = 168 , default_qty_type = strategy.percent_of_equity , default_qty_value = 100 , pyramiding = 10 , commission_type = strategy.commission.percent , commission_value = 0....

This script has more indicators than previous code. It uses: 1. Exponential Moving Average (EMA) 2. Relative Strength Index (RSI) 3. Average True Range (ATR) 4. Volume EMA and RSI used to determine the trend, while ATR is used to determine TakeProfit or StopLoss levels. Volume (Vol) is to make sure that there will be significant movement and liquidity is available.  Strategy description : It places BUY order when price crosses up Fast EMA + Fast EMA must be above Slow EMA + RSI in between 55-70 + Vol above certain/preset amount.  The TP and SL depend on ATR value. Recommended setting: Pair:  SUIUSDT (Binance) Time frame:  5min Min capital in wallet:  100 USDT   Pinescript as follows: // @version= 5 strategy ( "Code209[EMA,RSI,Vol,ATR]:SUI(Binance)tf5[capayam.com]" , overlay = false , initial_capital = 99 , default_qty_type = strategy.percent_of_equity , default_qty_value = 100 , pyramiding = 1 , commission_type = strategy.commission.percent , commiss...