This strategy trades EUR/USD on the price chart using a fast and slow exponential moving average crossover filtered by RSI. It enters long when the fast EMA crosses above the slow EMA while RSI is above 50 and below the overbought level, and enters short on th
Strategy · Pine Script v4 · On the chart
Crypto Price Scalper
Crypto Price Scalper is a long-only trading strategy designed for cryptocurrency charts.
GitHub stars106on the repository
Pine versionv4older, still runs
Lines of code25
Settings4inputs
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
25 lines of Pine Script v4 from Aggresive Scalper-Swing Crypto Strategy.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © exlux99
//@version=4
strategy(title="Crypto Price Scalper", shorttitle="Scalper Crypto", overlay=true)
inputcc = input(60, title="Number of candles")
low9=lowest(low,inputcc)
high9=highest(high,inputcc)
plotlow = ((close - low9) / low9) * 100
plothigh = ((close - high9) / high9) * 100
plotg = (plotlow +plothigh)/2
center=0.0
period_ = input(14, title="Length VORTEX", minval=2)
VMP = sum( abs( high - low[1]), period_ )
VMM = sum( abs( low - high[1]), period_ )
STR = sum( atr(1), period_ )
VIP = VMP / STR
VIM = VMM / STR
long= crossover(plotg,center) and close > high[2] and crossover(VIP,VIM)
short= crossunder(plotg,center) and crossunder(VIP,VIM)
tplong=input(0.1, title="TP Long", step=0.01)
sllong=input(0.1, title="SL Long", step=0.01)
strategy.entry("long",1,when=long)
strategy.exit("closelong", "long" , profit = close * tplong / syminfo.mintick, loss = close * sllong / syminfo.mintick, alert_message = "closelong")
strategy.close("long",when=short)
Expand (44 lines)
Overview
Crypto Price Scalper combines a custom price-range oscillator, calculated from the highest high and lowest low over a user-defined candle period, with the Vortex Indicator. A long trade opens when the normalized oscillator crosses above zero, the closing price exceeds the high from two bars ago, and the positive Vortex crosses above the negative Vortex. Positions exit via configured take-profit or stop-loss limits in ticks, or close early when indicators cross under their thresholds.
- Normalized price range oscillator
- Vortex Indicator crossover confirmation
- Tick-based take-profit and stop-loss exits
- Bearish momentum crossunder early exit
Details
Published by
hasnocool on GitHub
Code credit
exlux99, as written in the script's header
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Oscillators & momentum, Trend, Scalping
Markets
Crypto
Timeframes
M1-M5, H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
analysisbtcusdtcryptocurrencydatapandaspythonsimulationtradingtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Number of candles | int | 60 | inputcc |
| Length VORTEX | int | 14 | period_ |
| TP Long | float | 0.1 | tplong |
| SL Long | float | 0.1 | sllong |
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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