Dear Project Owner,
I am eager to submit my proposal for creating a highly effective scalping strategy tailored for the cryptocurrency market on TradingView. With profound expertise in trading strategy development, especially in crypto markets, and extensive experience with Pine Script, I am confident in my ability to deliver a strategy that meets your ambitious target of an 85% success rate on a 5-minute chart.
Project Understanding: You require a TradingView strategy specifically designed for scalping in the cryptocurrency market, capable of accurately predicting market movements with a high success rate. The strategy must be robust, leveraging appropriate technical indicators to perform consistently across market conditions.
Technical Approach:
Indicator Selection: Utilize a combination of leading and lagging indicators such as RSI, MACD, Volume Oscillators, and Bollinger Bands to capture short-term price movements effectively.
Strategy Development: Develop a comprehensive scalping strategy that integrates multiple indicators to confirm entry and exit points, minimizing risks and maximizing profitability.
Backtesting: Rigorously backtest the strategy under various market scenarios to ensure it achieves the desired success rate and adjust parameters accordingly for optimum performance.
Best regards,
Forex Coder