Strategy Direction : The strategy direction gives you the choice how the strategy backtest will play out. Options are Long, Short and All. All is both.
Take Profit Used? Take Profit is a function that will set a permanent selling % above the original buy price. Switch this on if you want to test a certain Take Profit percentage %. Underneath that you will be able to set the % you wish to use.
Stop Loss Used? Stop Loss is a function that will set a permanent selling % below the original buy price. Switch this on if you want to test a certain Stop Loss percentage %. Underneath that you will be able to set the % you wish to use.
Trailing Stop Used? This is a function that will follow the price up, and at a retrace from the highest price it will sell the asset/crypto. This is also a percentage. Underneath that you will be able to set the % you wish to use.
From Month, From day and From year are the starting dates you wish to use for the backtest
Thru Month, Thru Day and Thru Year are the ending dates you wish to use for the backtest.
Sell based on Indicators? This is a function that will command the script to print a sell of an asset/crypto when the chosen indicators issue a sell alert.
Use MA channel indicator? This is a derived from a selected 2 moving averages. It will buy and sell when a closed candle price leaves the channel.
Use Heikin Ashi candles? This will simply put, use heikin ashi candles to help identify the trend direction
Use Heikin Ashi Combi? This will use the band ( ) in combination with Heikin Ashi candles.
Use Hull Ribbon indicator? This will buy or sell when the direction of the channel is pointing either up or down, and if the candle close is below or above the channel.
Use MA indicator? This is a very responsive Swing High and Swing low Moving average. It will buy and sell once the price action either falls below or rises above the Moving average.
Use Ribbons? This will buy or sell when the candle close and the quickest MA crosses the lowest(or selected band) or Visa versa.
Plot Ribbon? This will show or hide the ribbon on your chart.
Sell when price close under which EMA? Here you can choose at what point fits best to sell the asset. You can choose from one of the eight EMAs.
Source will decide how the is derived. From the Open, Close, High or Low... or a combination of to plot the line.
Plot Channel? This will show or hide the Channel on your chart.
Fast Moving average will be the quick response MA you choose to use.
Slow Moving Average will be the slow response MA you choose to use.
Length of fast Moving Average is the number of candles used on the Fast Moving Average
Length of slow Moving Average is the number of candles used on the Slow Moving Average
Plot line? This will show or hide the line.
Swing? This will select how many candles to look back to detect a new High or new Low.
Plot channel? this will show or hide the Channel on your chart.
Length is the period the will be based on.
OB Level is the overbaught level of the
OS Level is the oversold level of the
Bull Zone level is the start area you wish to be used to initiate a buy.
Bear Zone Level is the start area you wish to be used to initiate a sell.
Plot Hull Ribbon? this will show or hide the Hull Ribbon on your chart.
Added Volume pump detection MA