Built upon my generic indicator Cyatophilum Channels, this Strategy creates buy and sell signals to can be used for manual or automated trading. It is pre-configured for working best with COINBASE exchange in a 2 hour timeframe.
This strategy is inpired of Donchian Channels, which is a strong tool to catch breakouts. It also has an integrated take profit, when price moves up 35% it will trigger a sell signal.
Sell at the right time, and make more profits than people simply holding over time. Note: An integrated 10% stop loss will trigger a sell signal for security.
I used TradingView's Strategy Tester with historical data starting from 2018-01, when the bear market started. Results are calculted using 100% equity from a 10 000$ capital and a 0.05% commission fee on each trade.
In the top menu, go into the indicators list. Then click on Invite-Only Scripts and select the script "Buy & Sell - BTCUSD:COINBASE 2H by Cyatophilum". It should then appear on your chart.
In the right menu, there is an Alerts tab. Click on the + button to create an alert. In the condition, select the indicator, "ALL ALERTS" and "1. BUY". Then in the option, select "Once Per Bar Close". Make sure the Expiration time is far enough in the future. Choose how you want to receive the alert : email, phone, or other notifications.
Repeat all steps to create the sell alert. The only thing changing is the condition "2. SELL" in the Alert box.
Private Discord Server: https://discord.gg/AwZVFDh
1. Purchase the indicators or 7-Day Trial
2. Create your account here and I will grant your account access within 24 hours!
Once I grant you access, you will receive a notification.
Then, to access the Cyatophilum indicators, simply click on 'Indicators' at the top of a live chart,
Finally, click on “Invite-Only Scripts”. There you will see the Cyatophilum indicators.
Click on an indicator to activate it. Start trading!
When I create an alert, how do I choose between "Once per bar" and "Once per bar close" ?
A "Once per bar" alert will trigger on the first tick of the bar which alert condition is true. A "Once ber bar close" alert will only trigger at bar close if the alert condition is still true at bar close.
Use "Once per bar" for manual trading. The alert will trigger sooner but is not as strong as if we waited bar close. Profits and risks are increased.
Use "Once per bar close" for automated trading. Unlike "Once per bar", a "Once per bar close" alert of the same type (buy or sell) cannot trigger more than once in a row. Thus it is suited for a trading bot which send buy and sell orders to a broker. Also those alerts correspond to the backtest results given buy the backtest version given with each indicator.
Should I expect repainting issues with any of the Cyatophilum Indicators ?
I code my indicators in such a way that each candle is calculated from previous candles data only. I do not use the security function which I know is currently bugged and causes repainting issues. Alerts are hosted on TradingView servers.
Can I use the Cyatophilum Indicators on other markets than cryptocurrency ?
Yes, all of my indicators work on most of TradingView's markets. You can trade Forex, Indexes, stocks, futures and CFD. Do not hesitate to join me on my Discord Server and I will help you configure the indicators for your favorite asset.
If you are not satisfied the Cyatophilum Indicators , email me at email@example.com within 14-days and you will be fully refunded.
Email me at firstname.lastname@example.org any time to cancel your subscription.
All investing involves risk, do not invest more than you are willing to lose. Past results may not be indicative of future results. By purchasing this indicator, you are not garanteed to make profit.