OPEN-SOURCE SCRIPT
PLUS BTC 1 hour
Overview
A short-only BTC strategy for the 1H chart focused on cleaner entries and improved win rate. Combines Stochastic RSI double-top reversal, higher-timeframe EMA trend filter, low-volatility guard (VIX Fix), cooldown, and ATR-based risk management. On each entry, a chart label “end short ariljaa neev” is plotted above the bar.
How it works
Setup
Stochastic RSI (K/D) detects an overbought touch and a cross back below the OB level (default 80), with K < D for bearish confirmation.
VIX Fix “grey zone” filter helps avoid low-volatility fakes.
Higher-timeframe trend filter: only shorts when price is below HTF EMA (default EMA 200 on 4H).
Optional session window (08:00–22:00, all days).
Cooldown between signals to reduce overtrading.
A short-only BTC strategy for the 1H chart focused on cleaner entries and improved win rate. Combines Stochastic RSI double-top reversal, higher-timeframe EMA trend filter, low-volatility guard (VIX Fix), cooldown, and ATR-based risk management. On each entry, a chart label “end short ariljaa neev” is plotted above the bar.
How it works
Setup
Stochastic RSI (K/D) detects an overbought touch and a cross back below the OB level (default 80), with K < D for bearish confirmation.
VIX Fix “grey zone” filter helps avoid low-volatility fakes.
Higher-timeframe trend filter: only shorts when price is below HTF EMA (default EMA 200 on 4H).
Optional session window (08:00–22:00, all days).
Cooldown between signals to reduce overtrading.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.