This strategy combines the ATR-banded Q-Trend indicator with the Klinger Volume Oscillator (KVO) to execute confluence trades. It enters long when a Q-Trend buy trigger aligns with a positive KVO value and a bullish candle confirmation, taking short trades und
Strategy · Pine Script v5 · Own pane
Brrrrr Strategy
The Brrrrr Strategy is a macro-based breakout strategy designed for crypto markets.
GitHub stars106on the repository
Pine versionv5runs as is
Lines of code23
Settings2inputs
LicenceGPL-3.0
Last update2 years ago18 Sep 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
23 lines of Pine Script v5 from Brrrrr strategy.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=5
strategy(title = "Brrrrr strategy", shorttitle = "Brrrrr", overlay = false, default_qty_type = strategy.percent_of_equity, initial_capital = 100, default_qty_value = 100, commission_type = strategy.commission.percent, commission_value = 0.1)
//Settings
short = input(true, title = "Use short")
len = input.int(50, minval = 1, maxval = 1000)
//BRRRRR (USDT Printing)
brrrrr = request.security("GLASSNODE:USDT_SUPPLY", "D", close)
//Donchian channel
h = ta.highest(brrrrr, len)
l = ta.lowest(brrrrr, len)
//Lines
plot(h, color = color.lime)
plot(brrrrr)
plot(l, color = color.red)
//Trading
if brrrrr > h[1]
strategy.entry("Long", strategy.long)
if brrrrr < l[1]
if short
strategy.entry("Short", strategy.short)
if short == false
strategy.close_all()
Expand (28 lines)
Overview
Brrrrr Strategy tracks the Glassnode total USDT supply daily metric and calculates a Donchian Channel over a user-defined lookback period. The strategy enters a long position when the USDT supply breaks above its multi-day high, signaling expanding stablecoin liquidity. It enters a short position or exits all trades when the USDT supply drops below its multi-day low. The script plots the supply metric and channel lines in a separate pane and operates without an explicit stop loss.
- Glassnode USDT supply metric integration
- Donchian Channel breakout logic on macro data
- Toggleable short entries or exit-only mode
- Configurable lookback length for channel channels
Details
Published by
hasnocool on GitHub
Type
Strategy, Pine Script v5
Draws
Separate pane below the chart
Category
Trend, Breakout, Volume
Markets
Crypto
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Topics
analysisbtcusdtcryptocurrencydatapandaspythonsimulationtradingtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Use short | bool | true | short |
| len | int | 50 | len |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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