1. Square
2. Scalping Strategy Based on Market Liquidity and Trend

Scalping Strategy Based on Market Liquidity and Trend

Author: ChaoZhang, Date: 2024-01-30 15:36:33
Tags:

---

---

/*backtest
start: 2023-12-01 00:00:00
end: 2023-12-31 23:59:59
period: 2h
basePeriod: 15m
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © trent777brown

//@version=5
strategy("scalping with market facilitation", overlay=true, margin_long=100, margin_short=100)


MFI0 = (high - low) / volume
MFI1 = (high[1] - low[1]) / volume[1]

MFIplus = MFI0 > MFI1
MFIminus = MFI0 < MFI1

//Current Trend-(Changed mean to trend)-revised
trendplus = hl2 > high[1]
trendzero = hl2 < high[1] and hl2 > low[1]  //addition of script
trendminus = hl2 < low[1]  //changed high to low

//Volume +/-
volplus = volume > volume[1]
volminus = volume < volume[1]

//Period Control by Buyers or Sellers is determined with reference to Price action of the period 
//divided into 3 sectors, sector 1 is the Top third, Sector 2 is the middle third, 
//and sector 3 is the Bottom third of the period. Control classifications are: Extremes(11, 33), Neutral(22), 
//Climbers(31,21,32) Open lower than Close, and Drifters(13,23,12)Close lower than Open

//value0 = low
//value1 = ((high - low)/3)
//value2 = ((high - low)/3)*2
//value3 = high

//o1 = (open >= (((high - low)/3) * 2) + low)
//c1 = (close >= (((high - low)/3) * 2) + low)
//o2 = (open <= o1) 
//c2 = (close <= c1)
//o3 = (open <= ((high - low)/3) + low)
//c3 = (close <= ((high - low)/3) + low)

//sector2 = if((high - low)/3) + low and sector2 <= (((high - low)/3)*2) + low

//sector3 = if((high - low)/3) + low and >= low


//Extremes-Full Control of Period by Buyers or Sellers 
//pg79 notes an 85% chance that the current trend will change in the next 1 to 5 bars
b11 = open >= (high - low) / 3 * 2 + low and close >= (high - low) / 3 * 2 + low  //Extreme Buyer Control:Chartruse
b33 = open <= (high - low) / 3 + low and close <= (high - low) / 3 + low  //Extreme Seller Control:Crimson
//Neutral pg80
b22 = open >= (high - low) / 3 + low and open <= (high - low) / 3 * 2 and close >= (high - low) / 3 + low and open <= (high - low) / 3 * 2  //Bracketed Price Control
//Climber-Open lower than Close pg81
b31 = open <= (high - low) / 3 + low and close >= (high - low) / 3 * 2 + low  //Strong Buyer Control:Dark Green
b21 = open >= (high - low) / 3 + low and open <= (high - low) / 3 * 2 and close >= (high - low) / 3 * 2 + low  //Moderate Buyer Control:Green
b32 = open <= (high - low) / 3 + low and close >= (high - low) / 3 + low and open <= (high - low) / 3 * 2  //Weak Buyer Control:Light Green
//Drifter-Close lower than Open pg81
b13 = open >= (high - low) / 3 * 2 + low and close <= (high - low) / 3 + low  //Strong Seller Control:Dark Red
b23 = open >= (high - low) / 3 + low and open <= (high - low) / 3 * 2 and close <= (high - low) / 3 + low  //Moderate Seller Control:Red
b12 = open >= (high - low) / 3 * 2 + low and close >= (high - low) / 3 + low and open <= (high - low) / 3 * 2  //Weak Seller Control:Light Red/Pink

 

//


psar= ta.sar(.09, .2, .2)

ema8= ta.ema(hlc3, 8)

ema13h= ta.ema(high, 13)
ema13l= ta.ema(low, 13)
ema13= ta.ema(close, 13)

ema55= ta.ema(close, 100)

[dip, dim, adx]= ta.dmi(5, 5)
adxema=ta.ema(adx, 3)
[macdl, sigl, histl]= ta.macd(close, 8, 13, 5)
obv= ta.obv
obvema= ta.ema(obv, 8)
obvema55= ta.ema(obv, 55)
mfigreen= MFIplus and volplus
adx_x_over= ta.crossover(adx, adxema) and adx >= 25
barssincemfi= ta.barssince(mfigreen)










longtrig2= adx > 30 and adx > adxema and barssincemfi <= 4 


shorttrig2= adx > 30 and adx > adxema and barssincemfi <= 4 


long= macdl > sigl and obv > obvema55 and ema8 > ema55   and psar < low and trendplus//and ema13l > ema55//and open > hull200 and close > hull200

short= macdl < sigl and obv < obvema55 and ema8 < ema55 and psar > high and trendminus//and ema13h < ema55//open < hull200 and close < hull200


//plot(hull200, color=color.red, linewidth=3)
plot(ema13h, color=color.gray, linewidth=3)
plot(ema13l, color=color.gray, linewidth=3)

plot(ema13, color=color.blue, linewidth=3)
//
plot(ema55, color=color.white, linewidth=3)
plot(psar, color=color.white, style=plot.style_circles)
plotshape(mfigreen, color=color.yellow, style=shape.flag, location=location.belowbar, size= size.tiny)
longCondition = long
if (longCondition)
    strategy.entry("My Long Entry Id", strategy.long, 1,  when= longtrig2)
    strategy.exit("exit long", "My Long Entry Id", profit= 100, loss= 75)
shortCondition = short
if (shortCondition)
    strategy.entry("My Short Entry Id", strategy.short, 1,  when= shorttrig2)
    strategy.exit("exit short", "My Short Entry Id", profit= 100, loss= 75)

---

• Dual MACD Quantitative Trading Strategy
• Bollinger Band Moving Average Crossover Strategy
• Scalping Dips in Bull Market Strategy
• Trend Following Strategy Based on Adaptive Moving Average
• True Relative Movement Moving Average Strategy
• MACD and RSI Based 5-Minute Momentum Trading Strategy
• Double Fractal Breakout Strategy
• Noro Shifted Moving Average Stop Loss Strategy
• Double Exponential Moving Average RSI Trading Strategy
• Simple Moving Average Crossover Strategy
• Cross-Border Short-Term Breakthrough Reversal 5EMA Strategy
• RSI Indicator Based Stock Trading Pyramiding Strategy
• All about EMA Channel Trading Strategy
• Double Decker RSI Trading Strategy
• Bollinger Bands and RSI Combination Strategy
• Double Inside Bar & Trend Strategy
• Amazing Price Breakout Strategy
• Robust Trend Continuation Strategy
• Trend Tracking Moving Average Crossover Strategy
• Breakout Reversal Model Based on Turtle Trading Strategy