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Helium 🎈 V 6.4.2 US30 Trading Strategy

Introduction

The Helium 🎈 V 6.4.2 US30 strategy is a comprehensive trading system designed for the US30 index, leveraging multiple technical indicators to identify trading opportunities. It dynamically adapts to market open hours and employs a blend of Supertrend, PSAR, EMA Energy, and Keltner Channels to generate buy and sell signals, aiming to capture trends and reversals.

Profits

US30

  • Recommended Settings
    • Sensitivity HIGH
    • Max trades per day 2 trade profits

SPY

  • Recommended Settings
    • Sensitivity custom on 9.73
    • Max trades per day 2 trade profits

Features

  • Trading Hours Detection: Dynamically adapts trading actions based on the US30 market hours.
  • Dynamic Support and Resistance: Leverages pivot highs and lows for identifying potential resistance and support levels.
  • Multiple Indicators and Filters: Incorporates a suite of technical indicators for nuanced trade signal generation.
  • Custom Sensitivity Settings: Offers users the ability to adjust the Supertrend indicator sensitivity to suit personal trading preferences.
  • Auto Trend Lines: An optional feature that draws trend lines automatically based on linear regression analysis.
  • Visual and Audio Alerts: Configurable alerts for proactive trading decision support.

Prerequisites

This script is designed for use on the TradingView platform. A basic understanding of trading indicators and familiarity with the TradingView interface will enhance your experience with this strategy.

Installation

  1. Open your TradingView chart.
  2. Navigate to the Pine Editor section.
  3. Copy the entire Helium 🎈 V 6.4.2 US30 strategy script.
  4. Paste the script into the Pine Editor.
  5. Click on the "Add to Chart" button.

Configuration

Customize the strategy settings in the Pine Editor according to your trading needs:

  • Sensitivity Level: Adjust the Supertrend sensitivity from "Low" to "Custom" for tailored signal generation.
  • Indicator Toggles: Enable or disable specific indicators like PSAR, EMA Energy, and Auto Trend Lines based on your strategy preferences.

Usage

  • Buy Signals: Generated when the price crosses above the Supertrend line under specified conditions, indicating a potential entry point.
  • Sell Signals: Occur when the price crosses below the Supertrend line, suggesting a possible exit or short position.
  • Indicator Plots: Keltner Channels and EMA plots provide visual cues for market volatility and trend strength.

Risk Management

It's crucial to employ risk management practices when trading. Use stop losses, and consider the size of your trades relative to your portfolio to manage exposure effectively.

Disclaimer

This strategy is provided as-is without any guarantees or warranty. Trading financial markets involves substantial risk of loss and is not suitable for every investor. The valuation of financial assets may fluctuate, and as a result, investors may lose more than their original investment. The impact of seasonal and geopolitical events is already factored into market prices. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. The author is not responsible for any losses incurred as a result of using this strategy.

Support and Contributions

For support, feedback, or contributions, please contact my linked in (link in profile). Let's collaborate to improve and refine this trading strategy together.