QuantNomad

MTF Trailing SL Strategy [QuantNomad]

This is a Multi-Timeframe version of my Trailing SL Strategy.
Few weeks ago I published Trailing SL Strategy. There I used only basic Trailing SL to enter positions.
It worked pretty well so I tried to work on it a bit. I thought what if you can use the same ATR TSL on different timeframes and combine them into one signal.
In this strategy you can use only ATR stops and choose 3 other higher timeframes in addition to your current timeframe.
You'll see Trailing SL plotted on the chart form all these timeframes.

Entry Long position if all 4 time-frames agree on long signal.
Exit Long positions when at least 2 time-frames disagree on long signal.

Entry to Short position if all 4 time-frames agree on Short signal.
Exit from Short positions when at least 2 time-frames disagree on Short signal.

Here is the link to my basic Trailing SL Strategy:

Release Notes: Fixed backtesting range
Release Notes: Updated the way I get the data from Higher Timeframe
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Comments

It did not use date range information for enter/exit
+1 Reply
QuantNomad HighTopMoon
@HighTopMoon, Yep, updated the script, now it should work
+2 Reply
Great work, helped me on Friday for a good trade in banknifty :)
Reply
Hi @QuantNomad, Thank you for another great indicator. Request you to please create alerts for this scripts. Followed you on twitter, TV & Youtube to remain updated. Thanks again!
Reply
QuantNomad IdeasPrecise
@IdeasPrecise, Hi, here is alerts version, it is already published:
Reply
IdeasPrecise QuantNomad
@QuantNomad, Thank you sir :)
Reply
IdeasPrecise IdeasPrecise
@QuantNomad I observed that the strategy signal indicator and alert signal are not exactly at the same price, was that deliberately done? Also, if we use Hieken ashi than performance improves drastically, can you explain to me why that happens and which one should we trade.
Thank you in advance.
Reply
QuantNomad IdeasPrecise
@IdeasPrecise, PM me your Parmas/symbol/timeframe, I will take a look
Reply
IdeasPrecise QuantNomad
@QuantNomad, thank you sir. Sent you a PM.
Reply
Hi @QuantNomad, I'm using the indicator and works well, thanks! It would be nice if you could use multiple targets, so a kind of profit points, is there a way to take profit on certain points? On the support and resistanse levels for example?
Reply
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