Crodl Pulse Strategy

Learn how to use the Crodl Pulse strategy, including setting up entries, exits, and alert messages.

The Crodl Pulse indicator is a custom TradingView strategy designed to help traders automate their entries and exits based on various market conditions. This strategy allows users to configure trades for both sides, long-only, or short-only positions, with multiple exit strategies such as TP/SL, Trailing, RSI, Trend & Trailing, TREND, and MACD. Users can also set custom alert messages for their entry and exit triggers.

  • To get started, add the Crodl Pulse indicator to your chart from the Invite-Only tab under Indicators.

Strategy Overview

Configuring Entries

The Crodl Pulse strategy gives you the flexibility to define which sides to trade (Both, Long, or Short) and how sensitive the strategy should be to market movements. You can also configure custom entry alerts for both long and short positions.

  • Sensitivity: Adjust the sensitivity of the EMAs to control how quickly the strategy reacts to price changes.
  • Backtesting Start Date: Choose a starting point of when you want to calculate your backtesting inputs
  • Choose Sides: Select which sides to trade — both, long-only, or short-only. This influences how the strategy behaves when entering and exiting positions.

Strategy Settings

Entry Alert Setup

You can set custom alert triggers for long and short entries. These alerts are tied to the conditions of the strategy, and users will be notified whenever the trigger conditions are met.

  • Long Trigger: Input a custom trigger ID for long entries.
  • Short Trigger: Input a custom trigger ID for short entries.

Tip:

If you are using the exits on the bot itself you only need to set up entry conditions.

Choosing Exit Types

The Crodl Pulse strategy supports several exit mechanisms, giving you the ability to manage risk effectively and lock in profits based on your trading style.

  • TP/SL: Set fixed Take Profit (TP) and Stop Loss (SL) percentages to manage risk.
  • Trailing: Use a trailing stop to adjust as the price moves in your favor.
  • RSI: Automatically close positions based on RSI overbought/oversold levels.
  • MACD: Exit trades based on MACD crossover signals.
  • Trend & Trailing: Combine trend-following exits with a trailing stop to maximize gains.
  • Trend: Exit your position when the trend changes , this is indicated when the Trend Candles are enabled to viusally see the change/exit.

Strategy Exit Settings

Example of TP/SL Exit

If you choose the TP/SL option, the strategy will exit trades when your predefined stop loss or take profit levels are reached.

  • Stop Loss %: Set the percentage below/above your entry price to define your stop loss.
  • Take Profit %: Set the percentage above/below your entry price to define your take profit.

On the bot, you need to create a closing trigger.

TP/SL Example

Closing Full Position:

To close a full position, make sure to set the Quantity Type to Percentage and the Quantity Value to 100. The Side to Close should be set to the side you want to close, e.g., to close a long position, the Side to Close should be Close Long.

Managing Alerts

Setting alerts is straightforward in the Crodl Pulse strategy. Alerts automatically adapt to the exit type you have configured, whether you're using TP/SL, RSI, or another method.

Important:

The script automatically detects your exit configuration, so your alerts will fire based on the selected exit type. You only need to manage 2 entry alerts and 2 exit alerts for the entire strategy.