-
kriptos
- No Comments
- Pine Script Strategy
This strategy is practically the same as before here, just it is revised with longer time frame for better backtesting. And it has modifiable input tab.
Strategy Description: It buys when the price dip at 2-week-low. The take profit is set at 3% and stop loss at 1%.
Potential ROI Monthly (in sideway): 0-10%
Recommended Settings:
Pair: MATICUSDT, OPUSDT, ATOMUSDT, ARBUSDT
Time frame: 15mins (*Optional: You can use TF5min, but adjust the Number of Candles = 4100)
Initial Capital: 100
Base Currency: Default
Order Size: 100% of equity
Pyramiding: 1 order
Commission: 0.1 %
Take Profit: 3%
Stop Loss: 1%
//@version=4
strategy(“Buy2weeksLow-TF15min[www.capayam.com]”, overlay=true)
// Input for the number of candles
num_candles = input(1344, title=“Number of Candles”, minval=1)
// Define the candles low price
low_candles = lowest(low, num_candles)
// Define the buy condition
buy_condition = low <= low_candles
// Create the buy order
if buy_condition
strategy.entry(“Buy”, strategy.long)
// Input for take profit percentage
tp_percentage = input(3, title=“Take Profit Percentage”, minval=0, maxval=10)
// Calculate take profit level
tp_price = close * (1 + tp_percentage / 100)
// Create the take profit order
strategy.exit(“Take Profit”, “Buy”, limit=tp_price)
// Input for stop loss percentage
sl_percentage = input(1, title=“Stop Loss Percentage”, minval=0, maxval=5)
// Calculate stop loss level
sl_price = close * (1 – sl_percentage / 100)
// Create the stop loss order
strategy.exit(“Stop Loss”, “Buy”, stop=sl_price)
// Plot the candles low for reference
plot(low_candles, color=color.new(color.red, 0), linewidth=2, title=“Low Candles”)
No Comments