SmoothOps v1 - Strategy
The purpose of this script was to fine tune an indicator on BTCUSDT. I think the results speak for themselves.
This is a script that uses the MACD to predict future price movement. The original MACD signal lags too much for my taste so I went searching for something that could give signals sooner. I decided a smooth macd would help filter out noise and grabbing the highest values and lowest values over the past number of bars. I spent several days backtesting different settings and combinations of signals to arrive at what you see now. This strategy has been fine tuned for BTC/USDT on Binance, so I suggest you only use it for that. Any other coin/pair and exchange will need a new backtest since the data will be different. This is not a generalized indicator like everything else. It's specifically good at one thing: prediction BTCUSDT on Binance.
Use this in combination with the Study version so you can visually see what is happening when you change settings.
How to use:
Use only on BTCUSDT Binance
Set the preset to the timeframe you want. I HIGHLY suggest only using the 1h timeframe. It gives the best profit over time
Set the preset to custom if you want to try using your own settings.
You can change the source input if you want. ohlc4 usually works best for 1h
Change the date range if you want to do a specific timeframe.
Change the stop loss % if you want, but I didn't find much of a difference when using it on 1h
This is a script that uses the MACD to predict future price movement. The original MACD signal lags too much for my taste so I went searching for something that could give signals sooner. I decided a smooth macd would help filter out noise and grabbing the highest values and lowest values over the past number of bars. I spent several days backtesting different settings and combinations of signals to arrive at what you see now. This strategy has been fine tuned for BTC/USDT on Binance, so I suggest you only use it for that. Any other coin/pair and exchange will need a new backtest since the data will be different. This is not a generalized indicator like everything else. It's specifically good at one thing: prediction BTCUSDT on Binance.
Use this in combination with the Study version so you can visually see what is happening when you change settings.
How to use:
Use only on BTCUSDT Binance
Set the preset to the timeframe you want. I HIGHLY suggest only using the 1h timeframe. It gives the best profit over time
Set the preset to custom if you want to try using your own settings.
You can change the source input if you want. ohlc4 usually works best for 1h
Change the date range if you want to do a specific timeframe.
Change the stop loss % if you want, but I didn't find much of a difference when using it on 1h
Versionshinweise:
Added a 1m timeframe option (more testing is needed, but it shorts pretty well)
Added ability to change trade direction to Long, Short, or Both
Added a visual text readout of the slope and previous slope so you can judge the market direction with numbers
Added ability to change trade direction to Long, Short, or Both
Added a visual text readout of the slope and previous slope so you can judge the market direction with numbers
Versionshinweise:
Found some new values that give higher profits and a better profit factor.
1h use high as price source, D use open as price source.
Please only use 1h with Binance BTCUSDT for best results.
D was tested with Bitstamp since it has more data.
1h use high as price source, D use open as price source.
Please only use 1h with Binance BTCUSDT for best results.
D was tested with Bitstamp since it has more data.
Versionshinweise:
Overhauled the backend, found some more optimal settings, and added ETH. Enjoy the increased profits!
Versionshinweise:
Update to the 15min BTC values. You are gonna like the way it looks, I guarantee it.
Versionshinweise:
Updooted Eth 15m values