PROTECTED SOURCE SCRIPT
Updated FCPO - NSawit Swing Strategy
This Indicator implements a custom strategy function in an indicator script. It works on a 4-hour time frame and exclusively for the FCPO futures market only.
The NSawit Swing Strategy consists of three main features:
Feature 1: Trade Summary
This feature utilizes the table function to summarize all completed trades within the current active month. The indicator generates a table that displays relevant trade information like total ticks and profit/loss. For example: table.new(position.top_right, 1, 4, border_width=0)
Feature 2: Active Month Highlight
The purpose of this feature is to visually mark the beginning and end of the current active month on the chart. It achieves this by dynamically changing the background color within the current active month. For example: bgcolor(Highlight ? ColorBG : na)
Feature 3: Swing Reversal Points
This feature identifies swing reversal points on the chart by analyzing candlestick patterns and applying a custom matching algorithm.
If a candlestick pattern matches the specified criteria, the indicator generates a retest box area.
When the price touches this box, it triggers long or short orders. The relevant data, including entry and exit points, are stored in sets of arrays. These data are then utilized by the Trade Summary table to provide a comprehensive overview of the swing trading activity.
Take profit and cut loss value can be set in setting.
To view past contracts kindly add this watchlist.
tradingview.com/...atchlists/114756000/
The NSawit Swing Strategy consists of three main features:
Feature 1: Trade Summary
This feature utilizes the table function to summarize all completed trades within the current active month. The indicator generates a table that displays relevant trade information like total ticks and profit/loss. For example: table.new(position.top_right, 1, 4, border_width=0)
Feature 2: Active Month Highlight
The purpose of this feature is to visually mark the beginning and end of the current active month on the chart. It achieves this by dynamically changing the background color within the current active month. For example: bgcolor(Highlight ? ColorBG : na)
Feature 3: Swing Reversal Points
This feature identifies swing reversal points on the chart by analyzing candlestick patterns and applying a custom matching algorithm.
If a candlestick pattern matches the specified criteria, the indicator generates a retest box area.
When the price touches this box, it triggers long or short orders. The relevant data, including entry and exit points, are stored in sets of arrays. These data are then utilized by the Trade Summary table to provide a comprehensive overview of the swing trading activity.
Take profit and cut loss value can be set in setting.
To view past contracts kindly add this watchlist.
tradingview.com/...atchlists/114756000/
Release Notes
Fix the settings menu.Release Notes
Updated watchlisthttps://www.tradingview.com/watchlists/114756000/
Release Notes
Fix tickerID issueRelease Notes
Remove tickerID labelRelease Notes
* Improve the signal condition.* Restructure summary of trades.
Release Notes
Added new pattern profileRelease Notes
*Improve signalRelease Notes
Added New Long No 9 & Long No 5.Improve Short No 5 entry point.
Release Notes
8.3Release Notes
Shows low-risk signal based on gapless calculation.Release Notes
Fixed typo All -> AllRelease Notes
CL set 16Implement proper arrays
Implement Risk Type in menu
Release Notes
Fix TV tickerID issueRelease Notes
Last version. The next version will continue with the strategy script.Release Notes
Fix a lot of pattern issues.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.