DarrenHill

BlueFX Strategy STOCKS v4.5

DarrenHill Updated   
Our Stocks strategy file is now here!

Our strategy has been substantially tested to find specific optimised parameters for the below trading instruments;

Amazon
Apple
Tesla
Cineworld
Facebook
Netflix
BABA
US30
DAX - DE30EUR
US500
NAS100
SPX500USD
Google
ROKU
UK100
BA - Boeing
Zoom ZM
Barclays


This will work across other stocks too, however - the above has been specifically optimised - we can add and grow this list as time progresses too.

You can see the back testing profitability shown below on just US30, although you can not use back testing to predict the future, both the volume of trades, net profit, win rate and draw down demonstrate a solid foundation and data to move forward from.

The strategy itself is explained in the 'Blue FX Strategy' but see below too for more info.

Our strategy will help you identify the current trend in the markets and highlight when this is changing. The strategy itself is based upon 4 indicators lining up in total confluence to increase the probability of the trade being a success.

Absolutely no technical analysis is needed to trade this - this is a trading tool and has solid back testing results trading in isolation - although you may also use to support your own trading - the choice is yours.

When a trade is valid - a Buy or Sell label will appear with the Entry price, SL and multiple TP's shown on the chart.

IMPORTANT note, the stocks settings in this strategy are based on holding to TP3 - TP3 has varying values hard coded into the strategy - the TP3 target will be shown on the chart along with the SL and Entry price.

What is a Trading View Script?

A script is like an indicator but better, we can verify the success of our strategy by using Trading Views strategy tester function. As shown below and on the chart - you can see the 'Buy' and 'Close Buy' on the chart, supported by a live trading log showing you the entry, entry price date, volume and closing price.

This is a great function for numerous reasons; firstly, you know you are using a strategy that has provided a positive expectancy in back testing, secondly you can use this as a trading journal to support your trading too. This in itself can help you with your trading psychology - letting winning trades run is a prime example of this. Take confidence in the statistics and performance over time.

Ultimately, we believe we have saved YOU the need to firstly, find an edge and a strategy - and all of the time it takes to BACKTEST a strategy - to then find it may or may not work - and then you start again!

Disclaimer alert; Please remember past performance is exactly that - how our strategy performed over those dates tested, it is not obviously a guarantee of future performance.

Interested in access or more information?

No problem, simply drop us a DM via trading view for access information.

Thank you for reading.

Darren
Release Notes:
Optimised parameters now updated.

More Info here:

link.team-pow.com/1gN7L3
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact DarrenHill for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

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.

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