This strategy detects volume-based trading signals on Bitcoin perpetual futures. It calculates volume spikes on green and red candles along with ATR for volatility filtering. Long entries trigger on red candles with high volume and specific spike conditions wh
Strategy · Pine Script v4 · On the chart
YFI XBT Binance 1m
This strategy plots a close VWAP and percentage-offset high and low VWAP bands on the price chart.
Repaints
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code125
Settings10inputs
LicenceNone stated
Last update4 years ago2 Dec 2021
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 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
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
YFI XBT Binance 1m enters long when the bar opens above the high band, optionally only on a green candle, and short when the bar opens below the low band, optionally only on a red candle. It exits a long when the open drops below the close VWAP and a short when the open rises above it. Long and short stop distances default to 3 percent. Inputs also set a testing window in days and whether extra same-direction entries are allowed.
- Close and offset high-low VWAP plots
- Green and red candle entry filters
- Percentage long and short stop losses
- Days-back testing window
- Optional extra same-direction entries
Details
Published by
tseitz on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Volume, Breakout, Candlestick patterns, Scalping
Markets
Crypto
Timeframes
M1-M5
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Max Days Back to Test | int | 30 | daysBackMax |
| Min Days Back to Test | int | 0 | daysBackMin |
| Long Stop Loss % | float | 3 | longStopPerc |
| Short Stop Loss % | float | 3 | shortStopPerc |
| Allow double longs? | bool | true | allowDoubleLongs |
| Allow double shorts? | bool | true | allowDoubleShorts |
| Only long green candles? | bool | true | longGreenCandlesOnly |
| Only long green candles? | bool | true | shortRedCandlesOnly |
| VWAP High % | float | .017 | vwapHighPerc |
| VWAP Low % | float | .019 | vwapLowPerc |
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.
Similar Pine Scripts
This overlay strategy marks short-term turning points on the price chart and enters SPY option-style trades from them. It plots simple moving averages of highs and lows, draws up and down reversal arrows, and colors bars when a short-term extreme coincides wit
This Pine Script strategy identifies potential Buy Today, Sell Tomorrow (BTST) opportunities based on price action and volume patterns. It calculates a 20-period simple moving average of volume and checks for three consecutive bullish candles with higher highs
This strategy combines Smart Money Concepts (BOS and CHoCH) with moving average trend filtering and volume spikes to generate trade signals. It checks for 20 EMA and 50 EMA alignment, along with volume 20% above its 20-period SMA. Long entries require a bullis
Candlestick Pattern Strategy 1 is a scalping strategy designed for short-term timeframes. It evaluates two-bar candlestick price action patterns to generate entry signals directly on the price chart. When a bullish or bearish setup is detected, the strategy ex
This strategy trades SOL perpetual candles on the price chart. It tracks confirmed pivot highs and lows as support and resistance circles, then compares close with a smoothed filter and a three-period EMA to mark long and short conditions after the bar closes.
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers