[M10] MA Squeeze Funding Trader [Backtest]
Hey all,
My latest script combines a few indicators together in order to create a powerful, more reliable automation of trading based on short-term Trend direction and BixMex Funding with various filters, including three Moving Averages, Keltner Channels and Bollinger Bands.
This script will buy/sell based on the current trend determined by three customisable moving averages, with the option to apply the following filters:
Moving Average Filter: Will only buy/sell once the price overextends above/below moving averages, with reversal likely.
BitMex Funding: Will only buy/sell based on BitMex's current funding. The price is often found to trend with funding.
Squeeze Indicator: A combination of Keltner Channels and Bollinger Bands find areas with stable price movement for optimal entry points.
The script will exit a position upon a reversal signal from the three moving averages.
This script appears to work very well in ranging markets, however will not always perform so well in trending markets. Applying the squeeze and funding filters will reduce the frequency at which positions are entered, however has proven powerful in preventing losing trades.
I have also created an alerts version of this script available at no cost on my page - enjoy!
Any questions? Let me know!
My latest script combines a few indicators together in order to create a powerful, more reliable automation of trading based on short-term Trend direction and BixMex Funding with various filters, including three Moving Averages, Keltner Channels and Bollinger Bands.
This script will buy/sell based on the current trend determined by three customisable moving averages, with the option to apply the following filters:
Moving Average Filter: Will only buy/sell once the price overextends above/below moving averages, with reversal likely.
BitMex Funding: Will only buy/sell based on BitMex's current funding. The price is often found to trend with funding.
Squeeze Indicator: A combination of Keltner Channels and Bollinger Bands find areas with stable price movement for optimal entry points.
The script will exit a position upon a reversal signal from the three moving averages.
This script appears to work very well in ranging markets, however will not always perform so well in trending markets. Applying the squeeze and funding filters will reduce the frequency at which positions are entered, however has proven powerful in preventing losing trades.
I have also created an alerts version of this script available at no cost on my page - enjoy!
Any questions? Let me know!