This is a highly adjustable indicator for the ProfitTrailer Crypto Currency Trading Bot.
You can use it to visualize the EMACROSS buy strategy. Here is how it works:
Set the candle size by setting your TV candle time accordingly Set the candles used for Slow and Fast EMA Lines in the settings of this Indicator Set the cross candles according to your needs. Also set the buy value you would like to use on your bot to visualize the buy zones. You can set it either positive or negative.
The indicator will then show the Fast EMA, Slow EMA as well as the areas where the actual price exceeds the buy value you have set and would generate a buy signal for Profit Trailer. Please keep in mind that Profit Trailer may still use trailing buy and trailing profit to optimize your buy/sell situation, this can obviously not be shown through this indicator.
Note: This is a first public release, future modifications may follow and are then shown on this site as updates. Always read this page to the end.
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Fixed buy position to one candle earlier. Wording on the PT Wiki was unclear on that. Should line up with PT behaviour now.
Also fixed the behaviour for buy_level = 0 (triggers above)
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Update release for ProfitTrailer 2.0
new indicator behaviour
adds trading limit
fixes some bugs
new styling and cross indicators
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small bug fixes
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huge bug fix for positive buy values. Hat tip to thijsboeree on Discord.
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small bugfix update
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small bugfix update
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the last one broke something else - now fixed.
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Fix to reflect TradingView changes. Buy condition was showing wrong.
Dear Helmi, can I use this script to test EMACROSS strategy? Thank you very much.
Kilth
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Yes
ramanjulum1974
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Good indicator
jackgao
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good very
ngodbout
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Thanks Helmi! but I am on this page and I click the "Add to Favorite Scripts", then I go to a TV chart and add it (it's not available when I search all scripts?), immediately getting the Loading Error(?) Anyways, I have the other PT scripts loaded and tested just fine? Maybe we need to know if this "Add to Favorite" link is correct? Do you have another link?
Helmi
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@ngodbout, well I said "wait for at least half an hour" and you answered after 8 minutes ;-) Also it would be helpful if you could reply to my messages instead of starting a new comment each time. There's a little reply link below each message. Please use that one.
I don't even have the option to change settings only the "Style" tab is available when loaded?
Helmi
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@ngodbout, you may have just loaded the wrong script. Make sure the title is identical. If you still get this error maybe try another browser or your incognito window. Your browser may have cached something old/broken.
Helmi
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@Helmi, nvmd i just found a small bug that could have caused this. Released an update. Wait for at least half an hour and then remove and readd the script from/to your chart.