Autoview_com

Autoview - Ultimate strategy builder

Unlock the potential of strategy testing using randomization with our pioneering free script. Designed for traders at every experience level, this tool is your gateway to exploring a multitude of strategy possibilities in the financial markets. Experience the blend of innovation and practicality in your trading journey.


The Theory
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Our script introduces a groundbreaking concept in the realm of trading strategy development. It leverages the power of randomness to generate diverse trading strategies, offering a unique blend of analytical rigor and creative exploration. This tool is not just about generating strategies; it's about opening new horizons in market analysis and strategy testing, fostering a deeper understanding of market dynamics.


Features
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  1. Randomize between 9 different moving average types, their sources and lengths.
    • SMA, EMA, WMA, VWMA, HMA, KAMA, DEMA, TEMA, FRAMA
  2. Basic Risk management included via take profit and stop loss options which can also be randomized.

Usage Guidelines
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  1. Strategy Number Control:
    Use the Strategy number to generate consistent, repeatable strategy configurations. This allows for easy sharing and revisiting of strategies. Changing the strategy number results in a new unique strategy.
  2. Session Settings:
    Customize your trading session by defining start times and specific trading hours. This helps in aligning the strategy with market hours or specific time-based events.
  3. Take Profit and Stop Loss Randomization:
    Customize your exit strategy by choosing to randomize fixed percentages take profit and/or stop loss
This detailed guide covers the major aspects of the script's functionality, empowering you to tailor the script to your specific trading needs and preferences. Each input is designed to provide flexibility and control over the strategy generation process, enabling you to explore and backtest a wide range of algorithmic trading strategies.


Constraints and Considerations
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  1. Basic Risk Management Tools:
    While the script includes fundamental risk management capabilities, advanced risk management techniques are not incorporated. This limitation might affect traders looking for sophisticated risk strategies.
  2. Lack of Advanced Features:
    The free version, while comprehensive, doesn't include some of the more advanced features and indicators available in premium versions.
  3. Sample Size Limitation:
    The effectiveness of generated strategies might vary based on the sample size of trades during backtesting. A larger sample size is generally more reliable.


Notes
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  • Embracing Randomness in Strategy Development:
    This script challenges conventional trading methodologies by embracing randomness. This approach can lead to the discovery of unexpected and potentially profitable trading strategies.
  • The Art and Science of Trading:
    Our script represents the intersection of creative exploration and analytical rigor. It's a reminder that successful trading often involves balancing data-driven decisions with intuitive insights.
  • Continuous Evolution in Trading Tools:
    The development of this script signifies an ongoing evolution in trading tools, encouraging traders to continuously adapt and evolve their strategies.
  • Community and Collaboration:
    We emphasize the importance of community feedback and collaboration in the development of trading tools, highlighting how shared experiences can enhance the utility of the script.


Acknowledgements
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A special thanks to those who rigorously tested the early versions, providing invaluable data that guided our improvements. We're also grateful to the developers and thinkers in the trading and tech communities whose innovative ideas inspire us. This script is not just a tool, but a testament to the power of collaboration and shared passion for trading excellence. Thank you for being a part of this journey and helping us create a tool that we hope will empower traders around the world.

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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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