TFi Price Action Resampling Filter V1 - FULL — Indicator by TradeFab

pivotpoints ema simplemovingaverage filter price-action backtesting table status alerts resampling downsampling

The script is resampling the price based on its range/price-action and creates an alternative filter to smoothen price movements.

Overview of features:

Optional stop-loss
Optional flags to control the position entry
Optional flags to control the position exit
Built-in backtesting engine with start balance, position size and pyramiding; each year will be evaluated separately
Inputs for a percentage entry and exit slippage, entry/exit and daily funding fees
Configurable alerts, which follow the exact position of the entry/exit marker
Alert messages contain predefined trading instruction to execute orders via Alertatron or TradeFab's proprietary trading server, or can be defined by the user

The script renders a performance/status table, which shows the current position status and result of the built-in trading simulation results.
It shows the following statistic values:

Current position PnL - also background turns green if position is in profit and red if in loss
Average entry price and number of positions
Current percentage distance to the optional stop-loss level
Current Maximum Draw Down
Number of wins and losses and the win/loss ratio per year and overall
Profit and loss amount, paid fees per year and overall
Profit-ratio and Maximum Draw Down per year and overall
Balance and ROI per year and overall

Thanks Frank, TradeFab LLC

For purchasing/subscribing scripts: tradefab.org/

Find us @
github.com/TradeFab
twitter.com/TradeFab
tradingview.com/u/TradeFab/

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 TradeFab for more information, or follow the author's instructions below.

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Author's instructions

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