The integrated stop loss will trigger an alert to exit the trade.
It is possible that a trend reverses during a trade. In this case, the "LONG EXIT" alert will trigger at the same time as the "SHORT ENTRY".
The Trend Detector feature, using EMA or Tilson T3 will filter trades that are against the main trend and thus increase profitability.
Trailing Take Profit with configurable % deviation.
The Backtest version uses TradingView's Strategy Tester to show results based on past trades.
This indicator comes with 2 versions. [BACKTEST] and [ALERTSETUP]. We will see how to use the Alert Setup below. Both have the same parameters, but one is used to backtest the strategy, while the other is used to create automated alerts.
Private Discord Server: https://discord.gg/AwZVFDh
"I have tested numerous indicators and scripts by many authors but landed on trend indicator and macd hist without looking back. Win or lose, I am happy with these indicators. I appreciate your time and efforts building and continuing to fine-tune them. Thanks and keep up the good work."
J.N. - Australia.
1. Purchase the indicators or 7-Day Trial
2. Send your TradingView username to firstname.lastname@example.org 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.