Novel Indicator based on Lineal Regression, ADX, and RSI variation.

Novel Indicator based on Lineal Regression, ADX, and RSI variation.

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About The Project

This project was designed to help the initial traders to operate long and short trades on crypto market. The current indicator could be find in this link.

Indicator

Image of the indicator and the graph of BTC/USDT.

We have three flags to trade: the linear regression (red/green mountains), the adx (red/green line), and the RSI variation (white mountain with green/red points).

When the linear regression is green, the ADX is green, and the RSI shows green point, we made a long trade.

According to the experience of each trader, they must decide long or short trade when just two of the three indicators are green.

A naive approach is just buy with out leverage when the three indicators are green and sell when one of the indicator flip to red.

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Built With

This project was builded with the next technologies.

• Pine Script
• TradingView

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Getting Started

Prerequisites

You need the next componenets to run this project.

• TradingView account
• Search the function by its name Regression Lineal con ADX Eyachay.

Installation

Follow the next steps:

1. Just add the function to your favorites metrics to add it to your trading graph. Direct Link to the function.

License

Distributed under the GNU v3 License. See LICENSE for more information.

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Contact

Esteban Vilca - @ds_estebanvz - [email protected]

Project Link: https://github.com/estebanvz/crypto_trading_lr_adx

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