This strategy is a multi-indicator trading system combining Bollinger Bands, Woodies CCI (Commodity Channel Index), Moving Averages (MA), and On-Balance Volume (OBV). It uses Bollinger Bands to provide market volatility ranges, CCI indicators for signal filtering, and combines MA systems with volume confirmation to execute trades when market trends are clear. Additionally, it employs ATR for dynamic stop-loss and take-profit placement to effectively control risk.
The core logic is based on the following key elements:
This is a complete trading system based on technical indicator combinations that improves trading accuracy through multiple signal confirmations. The strategy design is reasonable with proper risk control and has good practical application value. It is recommended to test with conservative positions in live trading and continuously optimize parameters based on market conditions.
/*backtest start: 2019-12-23 08:00:00 end: 2024-12-25 08:00:00 period: 1d basePeriod: 1d exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}] */ //@version=6 strategy(shorttitle="BB Debug + Woodies CCI Filter", title="Debug Buy/Sell Signals with Woodies CCI Filter", overlay=true) // Input Parameters length = input.int(20, minval=1, title="BB MA Length") src = input.source(close, title="BB Source") mult1 = input.float(1.0, minval=0.001, maxval=50, title="BB Multiplier 1 (Std Dev 1)") mult2 = input.float(2.0, minval=0.001, maxval=50, title="BB Multiplier 2 (Std Dev 2)") ma_length = input.int(50, minval=1, title="MA Length") ma_long_length = input.int(200, minval=1, title="Long MA Length") obv_smoothing = input.int(10, minval=1, title="OBV Smoothing Length") atr_length = input.int(14, minval=1, title="ATR Length") // ATR Length for TP/SL // Bollinger Bands basis = ta.sma(src, length) dev1 = mult1 * ta.stdev(src, length) dev2 = mult2 * ta.stdev(src, length) upper_1 = basis + dev1 lower_1 = basis - dev1 upper_2 = basis + dev2 lower_2 = basis - dev2 plot(basis, color=color.blue, title="BB MA") p1 = plot(upper_1, color=color.new(color.green, 80), title="BB Upper 1") p2 = plot(lower_1, color=color.new(color.green, 80), title="BB Lower 1") p3 = plot(upper_2, color=color.new(color.red, 80), title="BB Upper 2") p4 = plot(lower_2, color=color.new(color.red, 80), title="BB Lower 2") fill(p1, p2, color=color.new(color.green, 90)) fill(p3, p4, color=color.new(color.red, 90)) // Moving Averages ma_short = ta.sma(close, ma_length) ma_long = ta.sma(close, ma_long_length) plot(ma_short, color=color.orange, title="MA Short") plot(ma_long, color=color.yellow, title="MA Long") // OBV and Smoothing obv = ta.cum(ta.change(close) > 0 ? volume : ta.change(close) < 0 ? -volume : 0) obv_smooth = ta.sma(obv, obv_smoothing) // Debugging: Buy/Sell Signals debugBuy = ta.crossover(close, ma_short) debugSell = ta.crossunder(close, ma_short) // Woodies CCI cciTurboLength = 6 cci14Length = 14 cciTurbo = ta.cci(src, cciTurboLength) cci14 = ta.cci(src, cci14Length) // Filter: Only allow trades when CCI confirms the signal cciBuyFilter = cciTurbo > 0 and cci14 > 0 cciSellFilter = cciTurbo < 0 and cci14 < 0 finalBuySignal = debugBuy and cciBuyFilter finalSellSignal = debugSell and cciSellFilter // Plot Debug Buy/Sell Signals plotshape(finalBuySignal, title="Filtered Buy", location=location.belowbar, color=color.lime, style=shape.triangleup, size=size.normal) plotshape(finalSellSignal, title="Filtered Sell", location=location.abovebar, color=color.red, style=shape.triangledown, size=size.normal) // Change candle color based on filtered signals barcolor(finalBuySignal ? color.lime : finalSellSignal ? color.red : na) // ATR for Stop Loss and Take Profit atr = ta.atr(atr_length) tp_long = close + 2 * atr // Take Profit for Long = 2x ATR sl_long = close - 1 * atr // Stop Loss for Long = 1x ATR tp_short = close - 2 * atr // Take Profit for Short = 2x ATR sl_short = close + 1 * atr // Stop Loss for Short = 1x ATR // Strategy Execution if (finalBuySignal) strategy.entry("Buy", strategy.long) strategy.exit("Take Profit/Stop Loss", "Buy", limit=tp_long, stop=sl_long) if (finalSellSignal) strategy.entry("Sell", strategy.short) strategy.exit("Take Profit/Stop Loss", "Sell", limit=tp_short, stop=sl_short) // Check for BTC/USDT pair isBTCUSDT = syminfo.ticker == "BTCUSDT" // Add alerts only for BTC/USDT alertcondition(isBTCUSDT and finalBuySignal, title="BTCUSDT Buy Signal", message="Buy signal detected for BTCUSDT!") alertcondition(isBTCUSDT and finalSellSignal, title="BTCUSDT Sell Signal", message="Sell signal detected for BTCUSDT!")