OPEN-SOURCE SCRIPT
Tetrad Elektro Community v1.0
Tetrad Elektro Community is an open-source educational strategy built around Bollinger Band exhaustion, RSI confirmation, and optional bearish divergence logic.
The strategy is designed to identify stretched market conditions where price may be overextended relative to its recent range. Long setups look for price pressing into the lower Bollinger Band with oversold RSI confirmation. Short setups look for upper-band exhaustion, elevated RSI, or bearish divergence where price makes a new high but RSI or MACD fails to confirm.
Suggested use:
This strategy is best studied on the 30-minute or 45-minute chart. It was designed primarily for crypto markets and may work across several liquid crypto assets such as BTC, ETH, SOL, and DOGE. It may also be worth researching on high-liquidity stocks or ETFs, but users should always test each asset individually before relying on any result.
Suggested mode selection:
- Use Long Only in bullish environments.
- Use Short Only in bearish environments.
- Use Long & Short in ranging or two-sided environments.
The strategy includes:
- Bollinger Band mean-reversion logic
- Main RSI and fast RSI filters
- Optional bearish divergence using RSI/MACD confirmation failure
- Optional stop loss
- Optional time stop
- Optional flat-first execution behavior
- Clean chart visuals with optional labels and signal markers
This public community version is intentionally simplified. It does not include Tetrad’s private MLTT/RORO risk engine, execution controller, portfolio allocator, live-routing infrastructure, optimized production parameters, or machine-learning overlays.
This is not financial advice. Backtests are hypothetical and may differ from live execution. Always test on your own market, timeframe, exchange, fee assumptions, and risk model before using any strategy.
The strategy is designed to identify stretched market conditions where price may be overextended relative to its recent range. Long setups look for price pressing into the lower Bollinger Band with oversold RSI confirmation. Short setups look for upper-band exhaustion, elevated RSI, or bearish divergence where price makes a new high but RSI or MACD fails to confirm.
Suggested use:
This strategy is best studied on the 30-minute or 45-minute chart. It was designed primarily for crypto markets and may work across several liquid crypto assets such as BTC, ETH, SOL, and DOGE. It may also be worth researching on high-liquidity stocks or ETFs, but users should always test each asset individually before relying on any result.
Suggested mode selection:
- Use Long Only in bullish environments.
- Use Short Only in bearish environments.
- Use Long & Short in ranging or two-sided environments.
The strategy includes:
- Bollinger Band mean-reversion logic
- Main RSI and fast RSI filters
- Optional bearish divergence using RSI/MACD confirmation failure
- Optional stop loss
- Optional time stop
- Optional flat-first execution behavior
- Clean chart visuals with optional labels and signal markers
This public community version is intentionally simplified. It does not include Tetrad’s private MLTT/RORO risk engine, execution controller, portfolio allocator, live-routing infrastructure, optimized production parameters, or machine-learning overlays.
This is not financial advice. Backtests are hypothetical and may differ from live execution. Always test on your own market, timeframe, exchange, fee assumptions, and risk model before using any strategy.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.