TradingView
PoCk37
18. Jun. 2020 08:17

Add reactivity to your trending script when crypto is uncertain 

Ethereum / US DollarBittrex

Beschreibung

Hello fellow traders,

It is no surprise that the cryptocurrency market, leaded by COINBASE:BTCUSD, is showing accrued uncertainty recently, with a major 10K resistance holding strong, and the bulls eager to buy any dip that follow a failed test of the resistance.

Based on that and previous experience, I tried to re-enforce
with:
- Even more reactivity in the default multi-MA values
- Trailing take profit % (configurable)
- Fixed stop loss in % (configurable)

Idea for a next step:
- Use the new Trading View Auto-Fib tracing to figure out levels
- Take partial profits on such levels, or at least implement an intermediary trailing take profit
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