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Indicators and strategies

Smart Money Pivot Strategy [Jason Kasei]This strategy is designed to identify key pivot points (Pivot High and Pivot Low) in the market and leverage the "Smart Money" concept to capture price breakout opportunities. It supports both long and short trades, offering customizable stop-loss (SL) and take-profit (TP) settings, while visually plotting pivot points and breakout signals on the chart. Core Features Pivot Point Detection: Utilizes ta.pivothigh and ta.pivotlow functions to detect the highest (Pivot High) and lowest (Pivot Low) points within a specified period (default: 20 bars). Trading Signals: Long Signal: Triggered when the price breaks above a previous Pivot High, indicating a potential uptrend. Short Signal: Triggered when the price breaks below a previous Pivot Low, indicating a potential downtrend. How It Works Detects Pivot High (PH) and Pivot Low (PL) over the specified period and records their price and time. Triggers a long entry when the price breaks above a Pivot High and a short entry when it falls below a Pivot Low. Sets exit conditions automatically based on predefined SL and TP percentages after entry. Plots breakout points and levels on the chart for analysis. Considerations The strategy relies on accurate pivot point detection; adjust the period parameter based on market volatility. In highly volatile markets, consider widening the stop loss to avoid frequent triggering. Combine with other indicators or analysis methods to validate signals and avoid blind trading.
Pine Script® strategy
by Jasonkasei
BuySell Strategy OD📘 Strategy Summary – Orkoin Trend Strategy v1 This strategy identifies strong trend-based buy/sell opportunities using: ADX > 25 for trend confirmation RSI < 30 / > 70 to detect oversold or overbought zones Stochastic RSI < 20 / > 80 for momentum shifts Price < VWAP / > VWAP for value filtering 🔹 A BUY signal triggers when at least 3 of the buy conditions are met. 🔹 A SELL signal triggers when at least 3 of the sell conditions are met. Ideal for 15m charts. Backtest-ready.
Pine Script® strategy
by OrkunDemirozogul
Supertrend + MACD CrossoverKey Elements of the Template: Supertrend Settings: supertrendFactor: Adjustable to control the sensitivity of the Supertrend. supertrendATRLength: ATR length used for Supertrend calculation. MACD Settings: macdFastLength, macdSlowLength, macdSignalSmoothing: These settings allow you to fine-tune the MACD for better results. Risk Management: Stop-Loss: The stop-loss is based on the ATR (Average True Range), a volatility-based indicator. Take-Profit: The take-profit is based on the risk-reward ratio (set to 3x by default). Both stop-loss and take-profit are dynamic, based on ATR, which adjusts according to market volatility. Buy and Sell Signals: Buy Signal: Supertrend is bullish, and MACD line crosses above the Signal line. Sell Signal: Supertrend is bearish, and MACD line crosses below the Signal line. Visual Elements: The Supertrend line is plotted in green (bullish) and red (bearish). Buy and Sell signals are shown with green and red triangles on the chart. Next Steps for Optimization: Backtesting: Run backtests on BTC in the 5-minute timeframe and adjust parameters (Supertrend factor, MACD settings, risk-reward ratio) to find the optimal configuration for the 60% win ratio. Fine-Tuning Parameters: Adjust supertrendFactor and macdFastLength to find more optimal values based on BTC's market behavior. Tweak the risk-reward ratio to maximize profitability while maintaining a good win ratio. Evaluate Market Conditions: The performance of the strategy can vary based on market volatility. It may be helpful to evaluate performance in different market conditions or pair it with a filter like RSI or volume. Let me know if you'd like further tweaks or explanations!
Pine Script® strategy
by rk1359722
GQT GPT - Volume-based Support & Resistance Zones V2搞钱兔，搞钱是为了更好的生活。 Title: GQT GPT - Volume-based Support & Resistance Zones V2 Overview: This strategy is implemented in PineScript v5 and is designed to identify key support and resistance zones based on volume-driven fractal analysis on a 1-hour timeframe. It computes fractal high points (for resistance) and fractal low points (for support) using volume moving averages and specific price action criteria. These zones are visually represented on the chart with customizable lines and zone fills. Trading Logic: • Entry: The strategy initiates a long position when the price crosses into the support zone (i.e., when the price drops into a predetermined support area). • Exit: The long position is closed when the price enters the resistance zone (i.e., when the price rises into a predetermined resistance area). • Time Frame: Trading signals are generated solely from the 1-hour chart. The strategy is only active within a specified start and end date. • Note: Only long trades are executed; short selling is not part of the strategy. Visualization and Parameters: • Support/Resistance Zones: The zones are drawn based on calculated fractal values, with options to extend the lines to the right for easier tracking. • Customization: Users can configure the appearance, such as line style (solid, dotted, dashed), line width, colors, and label positions. • Volume Filtering: A volume moving average threshold is used to confirm the fractal signals, enhancing the reliability of the support and resistance levels. • Alerts: The strategy includes alert conditions for when the price enters the support or resistance zones, allowing for timely notifications. ⸻ 搞钱兔，搞钱是为了更好的生活。 标题： GQT GPT - 基于成交量的支撑与阻力区间 V2 概述： 本策略使用 PineScript v5 实现，旨在基于成交量驱动的分形分析，在1小时级别的图表上识别关键支撑与阻力区间。策略通过成交量移动平均线和特定的价格行为标准计算分形高点（阻力）和分形低点（支撑），并以自定义的线条和区间填充形式直观地显示在图表上。 交易逻辑： • 进场条件： 当价格进入支撑区间（即价格跌入预设支撑区域）时，策略在没有持仓的情况下发出做多信号。 • 离场条件： 当价格进入阻力区间（即价格上升至预设阻力区域）时，持有多头头寸则会被平仓。 • 时间范围： 策略的信号仅基于1小时级别的图表，并且仅在指定的开始日期与结束日期之间生效。 • 备注： 本策略仅执行多头交易，不进行空头操作。 可视化与参数设置： • 支撑/阻力区间： 根据计算得出的分形值绘制支撑与阻力线，可选择将线条延伸至右侧，便于后续观察。 • 自定义选项： 用户可以调整线条样式（实线、点线、虚线）、线宽、颜色及标签位置，以满足个性化需求。 • 成交量过滤： 策略使用成交量移动平均阈值来确认分形信号，提高支撑和阻力区间的有效性。 • 警报功能： 当价格进入支撑或阻力区间时，策略会触发警报条件，方便用户及时关注市场变化。 ⸻
Pine Script® strategy
by Tuzi_NaN
StrategyTemplate-Pro-v1# TrendScope Pro – Adaptive Trend-Following Strategy ### 🔍 Overview TrendScope Pro is a highly adaptable and professional Pine Script strategy template designed for disciplined, trend-based trading. Built using Pine Script v6, it supports modular configuration, risk control, and flexible exit management to meet both beginner and advanced trader needs. --- ### 📐 Core Logic The strategy focuses on confirming strong trend entries using a combination of: - **EMA Crossovers**: Short-term trend detection - **Higher Timeframe EMA**: Confirms overall market direction - **MACD**: Measures momentum of price movement - **RSI & ADX Filters** *(optional)*: Adds further confirmation - **ATR**: Used to dynamically set profit targets, stop losses, and trailing logic --- ### 📊 Entry Rules #### 🟢 Buy Entry: - Price is above EMA from higher timeframe (or custom long EMA) - Fast EMA > Slow EMA (bullish crossover) - MACD Line > Signal Line (positive momentum) - Candle is bullish and strong (body/candle ratio threshold) - RSI not in overbought zone *(if enabled)* - ADX above threshold *(if enabled)* - Cooldown period (X bars) passed since last trade #### 🔴 Sell Entry: - Price below EMA200 or long EMA - Fast EMA < Slow EMA - MACD Line < Signal Line - Bearish candle with sufficient strength - RSI not in oversold zone *(if enabled)* - ADX confirms trend strength *(if enabled)* --- ### 🔁 Exit Options 1. **Fixed TP/SL** using ATR multipliers 2. **Trailing Stop** with adjustable ATR-based logic 3. **Partial Exit** at intermediate profit target (e.g., ATR * 1.5), remaining position uses trailing 4. **Profit Lock**: Closes trade early if sufficient profit is reached and the candle shows reversal behavior 5. **Max Loss Limit** per trade to protect capital --- ### ⚙️ Customization | Module | Description | |--------|-------------| | RSI / ADX | Enable or disable as filters | | EMA Source | Use custom or higher timeframe | | Dynamic Size | Increase size when signal is strong | | Trailing Stop | Replace fixed SL with trailing logic | | Partial Exit | Take partial profits earlier | | Profit Lock | Exit trades early on reversal signs | | Alerts | Get real-time alerts on entry | --- ### 📦 Use Cases - A ready-to-use base for trend-following strategies - Can be expanded with custom indicators - Perfect for traders who value logic, safety, and modularity - Suitable for scalping or swing trading depending on timeframe --- ### 👨‍💻 Author Published by: **emad_alwan** Pine Script v6 | License: Open Use | Fully Commented & Modular
Pine Script® strategy
by emad_alwan
Estrategia 15 MINThe 50-EMA and 200-EMA are exponential moving averages (EMA) used in technical analysis to identify trends. The 50-EMA is used to analyze short- and medium-term trends, while the 200-EMA is used to analyze long-term trends. 50-EMA Averaged over 50 periods Allows for faster reaction to price changes Used to analyze short- and medium-term trends 200-EMA Averaged over 200 periods Indicates an overall trend Used to analyze long-term trends
Pine Script® strategy
by jolunama
MACD + SMA StrategyHow This Strategy Works: Indicators Used: MACD (Moving Average Convergence Divergence) with configurable fast, slow, and signal lengths Simple Moving Average (SMA) with configurable length Entry Signals: Long position when: MACD line is above the signal line (bullish crossover) Price is above the SMA Short position when: MACD line is below the signal line (bearish crossover) Price is below the SMA Exit Signals: Exit long position when either: MACD shows bearish crossover Price falls below SMA Exit short position when either: MACD shows bullish crossover Price rises above SMA Visualization: SMA is plotted in blue Price is colored green when above SMA and red when below You can adjust the input parameters to suit different trading styles and timeframes. The default values (MACD 12/26/9 and SMA 50) are common settings, but you may want to experiment with other values. Would you like me to modify any aspect of this strategy?
Pine Script® strategy
by mahesh_bhardwaj
Dual MACD Strategy [Jason Kasei]Dual MACD Design: MACD1 (Short-Term): Default fast length of 34, slow length of 144, and signal smoothing of 9, used to detect short-term trend changes. MACD2 (Long-Term): Default fast length of 100, slow length of 200, and signal smoothing of 50, used to assess long-term trend direction. Users can customize the fast, slow, and signal lengths and choose between SMA (Simple Moving Average) or EMA (Exponential Moving Average) for calculations. Trading Logic: Long Condition: MACD1 histogram crosses above the zero line (short-term bullish), MACD2 histogram is positive (long-term bullish), and MACD2 histogram has just crossed above zero with a deepening green (trend confirmation). Short Condition: MACD1 histogram crosses below the zero line (short-term bearish), MACD2 histogram is negative (long-term bearish), and MACD2 histogram has just crossed below zero with a deepening red (trend confirmation). Risk Management: Stop Loss: Default at 1% (adjustable, minimum 0.1%), dynamically calculated based on entry price. Take Profit: Default at 1.5% (adjustable, minimum 0.1%), dynamically calculated based on entry price. Trades are processed at candle close to ensure signal stability.
Pine Script® strategy
by Jasonkasei
VOLGHAN STGForex Robots: A Comprehensive Guide for Traders Introduction In the dynamic world of Forex trading, various tools exist to assist traders in making decisions and executing trades. One popular yet controversial tool is the Forex Robot, also known as an Expert Advisor (EA). These robots are software programs designed to automatically execute trades based on a predefined set of rules and algorithms. What is a Forex Robot and How Does It Work? A Forex robot is a computer program that connects directly to your trading platform (like MetaTrader 4 or 5). These robots are designed to analyze currency price movements. They use technical indicators, price patterns, or custom trading strategies to identify buy or sell signals. When a signal matching the robot's programmed rules is detected, the robot can automatically open or close a trade in your account without human intervention. The primary goal of using robots is to automate the trading process and eliminate the need for constant market monitoring. Advantages of Using Forex Robots: Automated & 24/7 Trading: Robots can analyze the market and trade continuously, even while you are asleep or busy with other activities. High Execution Speed: Robots can react to market changes and execute trades in fractions of a second, much faster than a human can. Emotionless Trading: One of the biggest challenges for traders is overcoming emotions like fear and greed. Robots operate purely based on logic and programmed rules, unaffected by emotions. Backtesting: Most robots offer the ability to test their strategy on historical market data. This allows you to evaluate the robot's potential performance before using real money. Strategy Adherence: Robots strictly and consistently follow the defined trading strategy without deviating from the rules. Disadvantages and Risks of Using Forex Robots: No Profit Guarantee: No Forex robot can guarantee profits. Past performance is not indicative of future results, as market conditions are constantly changing. Need for Optimization: Strategies that work today may not work tomorrow. Robots require periodic monitoring, adjustments, and optimization to adapt to new market conditions. Risk of Scams: The market is flooded with robots sold with unrealistic promises of huge profits. Many of these robots are either ineffective or outright scams. Technical Issues: Robots require a stable internet connection and an active trading platform to function correctly. Internet outages or server problems can lead to missed trades or incorrect execution. Using a Virtual Private Server (VPS) is often recommended. Curve Fitting: Some robots might be overly optimized to perform well on specific historical data (curve fitting), leading to poor performance in live, real-time market conditions. Things to Consider Before Using a Forex Robot: Thorough Research: Before buying or using any robot, research it extensively. Look for independent reviews, verified performance results (e.g., via sites like Myfxbook), and feedback from other users. Understand the Strategy: Try to understand the logic and trading strategy behind the robot. Not knowing how the robot works makes risk management difficult. Demo Account Testing: Always test the robot extensively on a demo account before using it with real money to familiarize yourself with its performance and settings. Risk Management: Even when using a robot, risk management principles are crucial. Carefully set parameters for trade size (lot size), stop-loss, and take-profit. Realistic Expectations: Remember that robots are tools to aid trading, not magical money-making machines. There is always a risk of losing capital. Conclusion Forex robots can be powerful tools for automating trades and capitalizing on market opportunities, especially for those who lack the time or inclination for constant market analysis. However, their use is not without risk. Success with Forex robots requires careful selection, proper understanding, thorough testing, appropriate risk management, and realistic expectations. Never risk money you cannot afford to lose, whether trading manually or using a robot.
Pine Script® strategy
by volghan
ATM Option Selling StrategyATM Option Selling Strategy – Explained This strategy is designed for intraday option selling based on the 9/15 EMA crossover, 50/80 MA trend filter, and RSI 50 level. It ensures that all trades are exited before market close (3:24 PM IST). . Indicators Used: 9 EMA & 15 EMA → For short-term trend identification. 50 MA & 80 MA → To determine the overall trend. RSI (14) → To confirm momentum (above or below 50 level). 2. Entry Conditions: 🔴 Sell ATM Call (CE) when: Price is below 50 & 80 MA (Bearish trend). 9 EMA crosses below 15 EMA (Short-term trend turns bearish). RSI is below 50 (Momentum confirms weakness). 🟢 Sell ATM Put (PE) when: Price is above 50 & 80 MA (Bullish trend). 9 EMA crosses above 15 EMA (Short-term trend turns bullish). RSI is above 50 (Momentum confirms strength). 3. Position Sizing & Risk Management: Sell 375 quantity per trade (Lot size). 50-Point Stop Loss → If option premium moves against us by 50 points, exit. 50-Point Take Profit → If option premium moves in our favor by 50 points, book profit. Exit all trades at 3:24 PM IST → No overnight positions. 4. Exit Conditions: ✅ Stop Loss or Take Profit Hits → Automatically exits based on a 50-point move. ✅ Time-Based Exit at 3:24 PM → Ensures no open positions at market close. Why This Works? ✔ Trend Confirmation → 50/80 MA ensures we only sell options in the direction of the market trend. ✔ Momentum Confirmation → RSI prevents entering weak trades. ✔ Controlled Risk → SL and TP protect against large losses. ✔ No Overnight Risk → All trades close before market close.
Pine Script® strategy
by dipen007
Enhanced Range Filter Strategy with ATR TP/SLBuilt by Omotola ## **Enhanced Range Filter Strategy: A Comprehensive Overview** ### **1. Introduction** The **Enhanced Range Filter Strategy** is a powerful technical trading system designed to identify high-probability trading opportunities while filtering out market noise. It utilizes **range-based trend filtering**, **momentum confirmation**, and **volatility-based risk management** to generate precise entry and exit signals. This strategy is particularly useful for traders who aim to capitalize on trend-following setups while avoiding choppy, ranging market conditions. --- ### **2. Key Components of the Strategy** #### **A. Range Filter (Trend Determination)** - The **Range Filter** smooths price fluctuations and helps identify clear trends. - It calculates an **adjusted price range** based on a **sampling period** and a **multiplier**, ensuring a dynamic trend-following approach. - **Uptrends:** When the current price is above the range filter and the trend is strengthening. - **Downtrends:** When the price falls below the range filter and momentum confirms the move. #### **B. RSI (Relative Strength Index) as Momentum Confirmation** - RSI is used to **filter out weak trades** and prevent entries during overbought/oversold conditions. - **Buy Signals:** RSI is above a certain threshold (e.g., 50) in an uptrend. - **Sell Signals:** RSI is below a certain threshold (e.g., 50) in a downtrend. #### **C. ADX (Average Directional Index) for Trend Strength Confirmation** - ADX ensures that trades are only taken when the trend has **sufficient strength**. - Avoids trading in low-volatility, ranging markets. - **Threshold (e.g., 25):** Only trade when ADX is above this value, indicating a strong trend. #### **D. ATR (Average True Range) for Risk Management** - **Stop Loss (SL):** Placed **one ATR below** (for long trades) or **one ATR above** (for short trades). - **Take Profit (TP):** Set at a **3:1 reward-to-risk ratio**, using ATR to determine realistic price targets. - Ensures volatility-adjusted risk management. --- ### **3. Entry and Exit Conditions** #### **📈 Buy (Long) Entry Conditions:** 1. **Price is above the Range Filter** → Indicates an uptrend. 2. **Upward trend strength is positive** (confirmed via trend counter). 3. **RSI is above the buy threshold** (e.g., 50, to confirm momentum). 4. **ADX confirms trend strength** (e.g., above 25). 5. **Volatility is supportive** (using ATR analysis). #### **📉 Sell (Short) Entry Conditions:** 1. **Price is below the Range Filter** → Indicates a downtrend. 2. **Downward trend strength is positive** (confirmed via trend counter). 3. **RSI is below the sell threshold** (e.g., 50, to confirm momentum). 4. **ADX confirms trend strength** (e.g., above 25). 5. **Volatility is supportive** (using ATR analysis). #### **🚪 Exit Conditions:** - **Stop Loss (SL):** - **Long Trades:** 1 ATR below entry price. - **Short Trades:** 1 ATR above entry price. - **Take Profit (TP):** - Set at **3x the risk distance** to achieve a favorable risk-reward ratio. - **Ranging Market Exit:** - If ADX falls below the threshold, indicating a weakening trend. --- ### **4. Visualization & Alerts** - **Colored range filter line** changes based on trend direction. - **Buy and Sell signals** appear as labels on the chart. - **Stop Loss and Take Profit levels** are plotted as dashed lines. - **Gray background highlights ranging markets** where trading is avoided. - **Alerts trigger on Buy, Sell, and Ranging Market conditions** for automation. --- ### **5. Advantages of the Enhanced Range Filter Strategy** ✅ **Trend-Following with Noise Reduction** → Helps avoid false signals by filtering out weak trends. ✅ **Momentum Confirmation with RSI & ADX** → Ensures that only strong, valid trades are executed. ✅ **Volatility-Based Risk Management** → ATR ensures adaptive stop loss and take profit placements. ✅ **Works on Multiple Timeframes** → Effective for day trading, swing trading, and scalping. ✅ **Visually Intuitive** → Clearly displays trade signals, SL/TP levels, and trend conditions. --- ### **6. Who Should Use This Strategy?** ✔ **Trend Traders** who want to enter trades with momentum confirmation. ✔ **Swing Traders** looking for medium-term opportunities with a solid risk-reward ratio. ✔ **Scalpers** who need precise entries and exits to minimize false signals. ✔ **Algorithmic Traders** using alerts for automated execution. --- ### **7. Conclusion** The **Enhanced Range Filter Strategy** is a powerful trading tool that combines **trend-following techniques, momentum indicators, and risk management** into a structured, rule-based system. By leveraging **Range Filters, RSI, ADX, and ATR**, traders can improve trade accuracy, manage risk effectively, and filter out unfavorable market conditions. This strategy is **ideal for traders looking for a systematic, disciplined approach** to capturing trends while **avoiding market noise and false breakouts**. 🚀
Pine Script® strategy
by Forexbros22
1
MACD Volume Strategy (BBO + MACD State, Reversal Type)Overview MACD Volume Strategy (BBO + MACD State, Reversal Type) is a momentum-based reversal system that combines MACD crossover logic with volume filtering to enhance signal accuracy and minimize noise. It aims to identify structural trend shifts and manage risk using predefined parameters. ※This strategy is for educational and research purposes only. All results are based on historical simulations and do not guarantee future performance. Strategy Objectives Identify early trend transitions with high probability Filter entries using volume dynamics to validate momentum Maintain continuous exposure using a reversal-style model Apply a consistent 1:1.5 risk-to-reward ratio per trade Key Features Integrated MACD and volume oscillator filtering Zero repainting (all signals confirmed on closed candles) Automatic position flipping for seamless direction shifts Stop-loss and take-profit based on recent structural highs/lows Trading Rules Long Entry Conditions MACD crosses above the zero line (BBO Buy arrow) Volume oscillator is positive (short EMA > long EMA) MACD is above the signal line Close any existing short and enter a new long Short Entry Conditions MACD crosses below the zero line (BBO Sell arrow) Volume oscillator is positive MACD is below the signal line Close any existing long and enter a new short Exit Rules Take Profit (TP) = Entry ± (risk distance × 1.5) Stop Loss (SL) = Recent swing low (for long) or high (for short) Early Exit = Triggered when a reversal signal appears (flip logic) Risk Management Parameters Pair: ETH/USD Timeframe: 10-minute Starting Capital: $3,000 Commission: 0.02% Slippage: 2 pip Risk per Trade: 5% of account equity (adjusted for sustainable practice) Total Trades: 312 (backtest on selected dataset) ※Risk parameters are fully configurable and should be adjusted to suit each trader's personal setup and broker conditions. Parameters & Configurations Volume Short Length: 6 Volume Long Length: 12 MACD Fast Length: 11 MACD Slow Length: 21 Signal Smoothing: 10 Oscillator MA Type: SMA Signal Line MA Type: SMA Visual Support Green arrow = Long entry Red arrow = Short entry MACD lines, signal line, and histogram SL/TP markers plotted directly on the chart Strategic Advantages & Uniqueness Volume filtering eliminates low-participation, weak signals Structurally aligned SL/TP based on recent market pivots No repainting — decisions are made only on closed candles Always in the market due to the reversal-style framework Inspirations & Attribution This strategy is inspired by the excellent work of: Bitcoinblockchainonline – “BBO_Roxana_Signals MACD + vol” Leveraging MACD zero-line cross and volume oscillator for intuitive signal generation. HasanRifat – “MACD Fake Filter ” Introduced a signal filter using MACD wave height averaging to reduce false positives. This strategy builds upon those ideas to create a more automated, risk-aware, and technically adaptive system. Summary MACD Volume Strategy is a clean, logic-first automated trading system built for precision-seeking traders. It avoids discretionary bias and provides consistent signal logic under backtested historical conditions. 100% mechanical — no discretionary input required Designed for high-confidence entries Can be extended with filters, alerts, or trailing stops ※Strategy performance depends on market context. Past performance is not indicative of future results. Use with proper risk management and careful configuration.
Pine Script® strategy
by PakunFX
VIDYA Auto-Trading(Reversal Logic)Overview This script is a dynamic trend-following strategy based on the Variable Index Dynamic Average (VIDYA). It adapts in real time to market volatility, aiming to enhance entry precision and optimize risk management. ⚠️ This strategy is intended for educational and research purposes. Past performance does not guarantee future results. All results are based on historical simulations using fixed parameters. Strategy Objectives The objective of this strategy is to respond swiftly to sudden price movements and trend reversals, providing consistent and reliable trade signals under historical testing conditions. It is designed to be intuitive and efficient for traders of all levels. Key Features Momentum Sensitivity via VIDYA: Reacts quickly to momentum shifts, allowing for accurate trend-following entries. Volatility-Based ATR Bands: Automatically adjusts stop levels and entry conditions based on current market volatility. Intuitive Trend Visualization: Uptrends are marked with green zones, and downtrends with red zones, giving traders clear visual guidance. Trading Rules Long Entry: Triggered when price crosses above the upper band. Any existing short position is closed. Short Entry: Triggered when price crosses below the lower band. Any existing long position is closed. Exit Conditions: Positions are reversed based on signal changes, using a position reversal strategy. Risk Management Parameters Market: ETHUSD(5M) Account Size: $3,000 (reasonable approximation for individual traders) Commission: 0.02% Slippage: 2 pip Risk per Trade: 5% of account equity (adjusted to comply with TradingView guidelines for realistic risk levels) Number of Trades: 251 (based on backtest over the selected dataset) ⚠️ The risk per trade and other values can be customized. Users are encouraged to adapt these to their individual needs and broker conditions. Trading Parameters & Considerations VIDYA Length: 10 VIDYA Momentum: 20 Distance factor for upper/lower bands: 2 Source: close Visual Support Trend zones, entry points, and directional shifts are clearly plotted on the chart. These visual cues enhance the analytical experience and support faster decision-making. Visual elements are designed to improve interpretability and are not intended as financial advice or trade signals. Strategy Improvements & Uniqueness Inspired by the public work of BigBeluga, this script evolves the original concept with meaningful enhancements. By combining VIDYA and ATR bands, it offers greater adaptability and practical value compared to conventional trend-following strategies. This adaptation is original work and not a direct copy. Improvements are designed to enhance usability, risk control, and market responsiveness. Summary This strategy offers a responsive and adaptive approach to trend trading, built on momentum detection and volatility-adjusted risk management. It balances clarity, precision, and practicality—making it a powerful tool for traders seeking reliable trend signals. ⚠️ All results are based on historical data and are subject to change under different market conditions. This script does not guarantee profit and should be used with caution and proper risk management.
Pine Script® strategy
by PakunFX
VWAP StrategyVWAP and volatility filters for structured intraday trades. How the Strategy Works 1. VWAP Anchored to Session VWAP is calculated from the start of each trading day. Standard deviations are used to create bands above/below the VWAP. 2. Entry Triggers: Al Brooks H1/H2 and L1/L2 H1/H2 (Long Entry): Opens below 2nd lower deviation, closes above it. L1/L2 (Short Entry): Opens above 2nd upper deviation, closes below it. 3. Volatility Filter (ATR) Skips trades when deviation bands are too tight (< 3 ATRs). 4. Stop Loss Based on the signal bar’s high/low ± stop buffer. Longs: signalBarLow - stopBuffer Shorts: signalBarHigh + stopBuffer 5. Take Profit / Exit Target Exit logic is customizable per side: VWAP, Deviation Band, or None 6. Safety Exit Exits early if X consecutive bars go against the trade. Longs: X red bars Shorts: X green bars Explanation of Strategy Inputs - Stop Buffer: Distance from signal bar for stop-loss. - Long/Short Exit Rule: VWAP, Deviation Band, or None - Long/Short Target Deviation: Standard deviation for target exit. - Enable Safety Exit: Toggle emergency exit. - Opposing Bars: Number of opposing candles before safety exit. - Allow Long/Short Trades: Enable or disable entry side. - Show VWAP/Entry Bands: Toggle visual aids. - Highlight Low Vol Zones: Orange shading for low volatility skips. Tuning Tips - Stop buffer: Use 1–5 points. - Target deviation: Start with VWAP. In strong trends use 2nd deviation and turn off the counter-trend entry. - Safety exit: 3 bars recommended. - Disable short/long side to focus on one type of reversal. Backtest Setup Suggestions - initial_capital = 2000 - default_qty_value = 1 (fixed contracts or percent-of-equity)
Pine Script® strategy
by Agedvagabond