Cyatophilum Trend Indicator [BACKTEST][STRATEGY]
Based on my Cyatophilum Trend Indicator, this Strategy performs simple Buy and Sell orders when an alert from the Indicator triggers. The goal is to find the best Time Frame and Trend Parameter in order to make the most profit. The indicator turns the candles green for a Long trade/Buy and red for a Short trade/Sell.
ABOUT THE STRATEGY
The Net Profit (Gross profit - Gross loss) is calculated with a commission of 0.05% on each order.
Each trade is made with 1 BTC : The backtest buys 1 BTC and sells 1 BTC.
It clearly outperforms the Buy & Hold line, meaning it is more profitable to use this strategy than to just hold Bitcoin.
If you decided to Short or Long, profits can be higher, but trade at your own risk.
To use this strategy on a BTC market (for trading altcoins), change the default Order Size from 1 Contract to 100% of Equity.
MY PERSONNAL ADVICE
This is a Trend Indicator, meaning the least profitable trades are made during flat markets. Keep an eye on News and Volume to indentify a possible breakout and avoid trades during those flat periods. Do not trade during a Triangle since the commissions will rekt you.
Get This Indicator Today!
Purchase at[url= blockchainfiesta.com/?page=buy-indicator ] blockchainfiesta.com/?page=buy-indicator
NOTE
If you purchase the Indicator you will get both the Alert Setup and the Backtest Strategy.
Find, discuss and request more backtesting on my discord!
https://discord.gg/AwZVFDh
When you backtest you can now choose if you want to see the results with shorting or not.
A short is opened at the orange triangle and closed at the blue triangle.
These shorts have no leverage. If the price goes down 50$ you earn 50$.
The indicator is now on overlay, however if the candles do not change color, set the indicator Visual Order to "front". It is a property that cannot be hard coded yet.
- Script renamed to "Cyatophilum PSAR Bot Trader"
- New optionnal feature: EMA Condition
- New optionnal feature: Integrated Stop Loss System
- New optionnal feature: Re-Entry Points
Note: All those are optional and deactivated by default. Go into the indicator input parameters to activate them.
Note to users of last version: If you created alerts, then don't worry, they will stay intact. If you want to use the new features then you have to re-create the alerts.
Purchase this indicator and get access today !
Added the Net Profit Line Feature
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact cyatophilum directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact cyatophilum directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/