palgin

Trendseeker-4h-anypair

palgin Updated   
Test alpha version, works out-of-the-box for any USD quote currency pairs on 4H TF, can be tweaked to suite any market on 4H TF.
Release Notes:
* Added "Take Profit Trigger" functionality (mainly overfitting, but can be a reasonable option for intraday scalping). Logic is the following: if previous candle closed above (for longs) or below (for shorts) TP Trigger lines, open position will be closed.
* Refactored internal logic to avoid TradingView glitches when using "TP Trigger" options

Still alpha stage of developement.
Release Notes:
* Added conditional entry and exit filtartion to initial strategy, mainly affecting position closure. Now strategy behaviour in ranging market will be more cautious, which rises overall profitability.

Still in alpha stage of developement.
Alerts will be added on beta stage of developement.

Strategy doesn't repaint, all orders are "market orders" and done on new candle opening, no "future lookups". Pure algorithmic trading.
Release Notes:
  • Added RSI filter length option, has major influence on filtration.
  • Removed SAR from code and graph, it's rudimental now as not involved in signal calculation anymore.
  • Alpha stage comes to its end, now thrown "in field" using "freqtrade" (unfortunately, "Long" positions only due to "freqtrade" software limitations)

If field test passes succesfully, Beta stage of developement will start (will include working software implementation and alerts for TV)

All presets on initial script are DEFAULT for all indicators used in script logic, made this for PoC.

Using filter tweaking (or MA tweaking), results can be drastically higher without actual OVERFITTING. Different markets have different dynamics, so I've added filtering to make script suit more markets (stocks/futures too)
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

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