The strategy is based on the Parabolic Stop And Reverse technical indicator. It is represented by the green and red dot curves. The SAR is easily configured for any timeframe by a unique input parameter called "SAR Value".
Sharpen the signals condition by activating this option. It will show an Exponential Moving Average on the chart and check if price has crossed it before triggering a signal. In this example it will avoid a trade that isn't much worth trading as the trend didn't really reverse.
Reduce risk by activating this Integrated Stop Loss System. Choose the percentage value for your protection stop.
A signal will be triggered to reverse the order if the stop loss is reached, as in this example, the short trade is stopped and a long trade is created.
You can choose to activate re-entry signals that will occur between main buy/sell signals from PSAR. Following the trend, these are based on the Stochastic oscillator
For Manual Trading, if you missed a main trade you can create a special alert for it.
For Automated Trading, if you want your strategy to re-enter a trade after a stop loss has been reached, activate this option and it will trigger a buy/sell signal (as in the example, the stop loss option must be activated).
Try different combinations of the optional features, or use them all at the same time!
Use the Backtest version to help you find the best configurations
The Net Profit (Gross profit - Gross loss) is calculated with a commission of 0.05% on each order.
You can choose to enable or disable long/shorts results.
Create a Long and a Short alert for your Automated Strategy
This is how I adjust the indicator to any timeframe and market. You can do it too, though if you need help you are invited on my Discord server.
|SAR Value||From 1 to 20. Configure the Parabolic SAR for any timeframe|
|Show SAR||Show/Hive Parabolic SAR dots on chart|
|Enable EMA Condition||Activate the EMA Condition, it can be useful to increase profit. Will also print the EMA on chart|
|EMA Length||Play with the above EMA length in number of bars|
|Enable Stop Loss||Activate a Stop loss system to reduce risk. Will trigger a BUY/SELL alert if the stop is reached|
|Stop Loss %||With Stop Loss enabled, change the price percentage of the stop value|
|Enable Re-Entries||Activate Re-Entries. Useful for manual trading or as a combination for your automated strategy if the stop loss system is used|
|Show Backtest Long Results||On the backtest version, choose to filter long orders in the results or not|
|Show backtest Short Results||On the backtest version, choose to filter short orders in the results or not|
Private Discord Server: https://discord.gg/AwZVFDh
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J.N. - Australia.
"The main reason why I purchased the indicators was the help cut down on the time that I do not have to spend on the charts searching for my next trade."
Jason, 41 years old, USA.
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 firstname.lastname@example.org within 14-days and you will be fully refunded.
Email me at email@example.com 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.