Crypto Trend Following Strategy
Budget: ₹1,500 – ₹12,500 INR
Project Title: Pine Script V5 Strategy: 200 EMA Trend Following with Advanced Trailing Stop
Project Overview:I need a professional Pine Script (Version 5) developer to create a backtesting and automated trading strategy for TradingView. The strategy is focused on trend-following for Cryptocurrency markets using the 200 Exponential Moving Average (EMA) with strict risk management.
Core Strategy Logic:Long Entry: Enter a Buy position when a candle closes above the 200 EMA.Short Entry: Enter a Sell position when a candle closes below the 200 EMA.
Initial Risk Management:Stop Loss (SL): For a Long trade, the SL will be the Low of the entry candle. For a Short trade, the SL will be the High of the entry candle.Take Profit (TP): Fixed target at 1:5 Risk-to-Reward (RR) ratio.Advanced Trailing Stop-Loss Logic:The strategy must dynamically trail the stop loss based on the target milestones reached:When price hits 1:1 RR: Move Stop Loss to Break-even (Entry Price).When price hits 1:2 RR: Move Stop Loss to lock in 1:1 profit.When price hits 1:3 RR: Move Stop Loss to lock in 1:2 profit.When price hits 1:5 RR: Take Full Profit and exit the trade completely.Developer Requirements:Clean, well-commented Pine Script v5 code.The strategy must work properly on the TradingView Strategy Tester for backtesting.Alerts should be configurable for webhook automation.
Project Overview:I need a professional Pine Script (Version 5) developer to create a backtesting and automated trading strategy for TradingView. The strategy is focused on trend-following for Cryptocurrency markets using the 200 Exponential Moving Average (EMA) with strict risk management.
Core Strategy Logic:Long Entry: Enter a Buy position when a candle closes above the 200 EMA.Short Entry: Enter a Sell position when a candle closes below the 200 EMA.
Initial Risk Management:Stop Loss (SL): For a Long trade, the SL will be the Low of the entry candle. For a Short trade, the SL will be the High of the entry candle.Take Profit (TP): Fixed target at 1:5 Risk-to-Reward (RR) ratio.Advanced Trailing Stop-Loss Logic:The strategy must dynamically trail the stop loss based on the target milestones reached:When price hits 1:1 RR: Move Stop Loss to Break-even (Entry Price).When price hits 1:2 RR: Move Stop Loss to lock in 1:1 profit.When price hits 1:3 RR: Move Stop Loss to lock in 1:2 profit.When price hits 1:5 RR: Take Full Profit and exit the trade completely.Developer Requirements:Clean, well-commented Pine Script v5 code.The strategy must work properly on the TradingView Strategy Tester for backtesting.Alerts should be configurable for webhook automation.