Description
This week we found a free stochastic indicator strategy for a 30 min time frame working for long and short entries for BTC futures on Binance Exchange. The original idea was taken from 03.freeman. Follow this guide to set up a free Binance bot.
IMPORTANT
This is a trend strategy and works better in the trending market
We added the trend identifier using the EMA and SMA interaction
We Added Take profit and stop loss levels
We added inputs for the period selection, so you could see how the strategy is performing on a monthly basis.
Settings
Applicable to Binance Futures: BTC-Futures 30 min
Input | Value |
Long Length for Main Stochastic | 80 |
Long SmoothK For Main Stochastic | 45 |
Long SmoothD For Main Stochastic | 22 |
Long Upper Line Value | 78 |
Short Length For Main Stochastic | 30 |
Short SmoothK For Main Stochastic | 34 |
Short SmoothD For Main Stochastic | 22 |
Short Lower Line Value | 13 |
Long Stop Loss % | 4 |
Trailing Stop Long | 1.1 |
Short Stop Loss % | 2.3 |
Trailing Stop Short | 1.1 |
Revised strategy script code
You can copy this code and paste it into your TradingView.