#2 Crypto Template
This is a suggested template that can be used for any market and timeframe. We call it Crypto Template since some users use it on Crypto. You find all indicators settings below.
Split the chart into 2, one chart displays the 4 hour timeframe and the other one 20 min timeframe. Now you have a great swing trading setup. Follow the trend in the 4 hour chart, take the trades in 30 or 20 min timeframe.
Indicators used
- Linear Regression
- Arithmetic Candlesticks
- Extreme SR Levels
- Parametric Oscillator
Get inspired
BUY SIGNAL: Buy signal on Parametric Oscillator / green dots OR First green candle on Arithmetic Candlesticks Whichever comes first.
SELL SIGNAL: Sell signal on Parametric Oscillator / red dots OR First red candle on Arithmetic Candlesticks Whichever comes first.
Criteria are that you have to split the screen 4HR on the left and 30min on the right. 4HR to monitor trend long-term 30MIN for entries/exits and to play multiple swings within a trend.
1.0 Linear Regression
Linreg_1
Linreg_2
2.0 Arithmetic Candlesticks
In order to see the Arithmetic Candlesticks clearly on the chart you can:
1) Turn off the main candle (the eye icon on the top).
2) Or Double-click on the ticker name and just untick the Body, Borders, and Wick option. This way you will only see the Arithmetic Candlesticks, but you can choose the Scale Price Chart Only option (in addition to the Auto (Fits Data to Screen), so your chart will fit better on screen.
Arit_1
Arit_2
Arit_3
Arit_4
Price_3
3.0 Parametric Oscillator
Make sure that you use “Custom Source” and select the Linear Regression Midline as input.
Parametric_1
Parametric_2
Parametric_3
Extreme SR Levels
- Default Settings used
This is how the template looks like
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/strategies/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!