This is a new script I have been working on and is in Beta testing stage.
It is best used for scalping 1/3/5/10/15 minutes.
Default settings are great for scalping, changing the “Period” will allow you to tweak for swing trades.
To use manually, you will get a Green triangle to alert you to be prepared to place an order.
This will happen 1 candle before the strategy paints an “open long” label on the chart.
Please remove the old version of the indicator from your chart and save the chart layout, then add this new version back on and save your chart layout.
You will know when you have the latest version as the indicator name on the chart will change from “ck - CryptoSniper Longs (S)” to “ck - CryptoSniper Longs (S) v1”
Hi thanks for your comment.
Repainting is still an issue on the 1min chart it is particularly noticeable.
I have been real-time/testing testing all day and it is significantly improved on the 3min timeframe.
I encourage everyone to test for themselves.
Also, you don’t have to solely rely on this one indicator but can use it within your existing strategy as a confirmation indicator!
Thanks for the feedback.
I am just giving heads up to others as well not to rely on this.. I have checked 3 minute and 5 minute as well and left my desktop and came back and recorded the signals.. did a page refresh and bad signals went away and left the one good signal..
Sorry,, not trying to be a bearer of bad news.. but one cannot use this for scalping or bot use..and you might as well take out the stategy testing but that is useless with repaints..
The strategy is not prone to too much repainting, I am having issues with repaints on an indicator version which I want to release to trigger bot trades.
Thanks for testing!
Thanks - I think that direction is key, with you on the trigger to close in a profit.
The trouble is that the strategy looks at the 2hr candles I the background and then issues a signal on the lower timeframes. Obviously the current 2hr candle is in flux, hence the repainting.
I think it is a solvable problem tho & will keep working on it!