[GM ELITE] Dynamic
This is the first of the GM ELITE indicator range. Designed for Algorithmic Traders looking to speed up their process of testing and optimizing their algorithm. This script contains an entire suite of indicators, that work together in unison to find optimal trade entries, based on NNFX rules. There are two versions of this script. One is a strategy and built in back-tester, and the other will update in real time designed for live trading and forward testing.
Entries/Exits
The System has 5 indicator slots, and the user can choose one indicator per slot
- Trend Confirmation Indicators to pick when the market has taken off
- Volume and volatility Indicators to determine the strength of the trend or whether tha market is ranging.
- Moving Averages for trend bias
- Exit Indicators to signal when to get out!
Money Management
Dynamic allows you to choose your Stop Loss and Take Profit distance based on a multiplier x ATR.
Options to exit the whole trade at TP or at a signal from the exit indicator of your choosing.
Start and End times (Window) to backtest.
Forex -
EVZEuro Volatility FX Vix (aka
EVZ) is built in. You can toggle a filter for low EVZ or whether or not EVZ is above average. No signals will be given if EVZ is below threshold. EVZ is one of the best indicators of overall forex market volume and volatility.Customization
Several visual and color customization options. Thousands of possible parameter combinations.
The "bias" or mode of the Confirmation Indicators appears at the top and bottom of the screen as horizontal rows of triangles.
For any two-line Indicator (eg MACD ) if the fast line is above the slow line, the triangles are green, other-wise, they are red.
For any "Level Cross" indicator, when the line is above the level, the triangles are green, otherwise, they are red.
The Arrows at the bottom of the screen determine whether or not there is sufficient volume
Out of the Box
The Indicators and parameters out of the box are chosen based on defaults. Please optimize for the market that you trade.My recommendation is to paper trade once you have found a combination of settings with good back-testing results, and have different settings for different markets, as not all markets behave in the same manner.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact GMAN-Trading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact GMAN-Trading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.