Tradespot

Wave & Trend Accompanying Backtesting Strategy

Version 1.0

Purpose

This backtesting strategy indicator is a accompanying tool for use with my popular trading and alert indicator: Wave & Trend Autoview Advanced Indicator & Alerts

Reference Indicator Link:


Features
This strategy has been programmed to act exactly how the accompanying indicator would be used with an automated strategy such as Autoview or through manual trading

  • Has identical coloured signals with correct icons for reference with the indicators standard alert conditions (BUY/SELL)
  • The ability to toggle on or off all the logic and UI presets you could previously use to enhance the standard indicator
  • No short / longs for the most accurate representation of buys and sells, The strategy will keep buying on every optimal signal (+1 order quantity each time) and then sell all assets on a met sell condition (-all quantity), matching exactly how the reference indicator is used to buy/sell on eg. Binance and also give the most accurate statistics.
  • Fully customisable in the settings regarding trading strategy to match exactly how you have the reference indicator set up with alerts or how you are trading manually with it.
  • Ability to choose a timeframe, want to ignore the crypto boom at the latter stages of 2017? Sure you can, change the time frames in the settings to see a more recent representation of your trades.

Access
This indicator is free for existing owners of my Wave & Trend Indicator linked above as an accompanying tool to improve their strategy and net more profit. If you would like access to any of my indicators or would like to know more please find me on my community discord channel where you can find indicator details/documentation and general help:

Discord Link: https://discord.gg/kSUxXUZ

Thank you for the immense support everyone, happy trading!
- Falco
Release Notes: Version 1.1

New Features

  • A highly awaited feature, % Stop Loss and % Take Profit has been added to the strategy indicator! As this indicator is based on buying / selling (longs) used with Autoview or manual swing trading on crypto markets the SL and TP levels only apply to buys (longs) currently but I will look to expand this in the future to accommodate those using this script for shorts too.

Access

For all access, trial, purchase and community questions come over and join my community here: https://discord.gg/AcJQZ97

Thanks for the immense support as always!
Release Notes: Update

Minor update to put the backtester in-line with the latest indicator version
Release Notes: Minor Fix
Release Notes: MACD

  • MACD has been added to the indicator to allow even more flexibility within this indicator often making very high quality trades when dialed in correctly. As with all settings the MACD parameters are fully customisable so you are not limited by a set strategy.


Interesting in using this indicator?

Check out https://tradespot.community where you will find access details, other tools and a whole community of traders.
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 Tradespot for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until 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 Public Library.

Want to use this script on a chart?

Warning: please read before requesting access.

Crypto Kai Discord: https://discord.gg/HX5qTDBUTA
CryptoKai Wiki: https://cryptokaidojo.com
MarketCharts: https://marketcharts.io/