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Scalping Strategy: FVG + Engulfing This is a scalping strategy based on the Fair Value Gap (FVG) and Engulfing pattern confirmation. It identifies the high and low of the first 5-minute candle after the 9:30 AM EST market open and waits for a breakout supported by a Fair Value Gap. A trade is only triggered after a retest of the FVG zone followed by an engulfing candle in the direction of the breakout. Trades are entered with a fixed 3:1 risk-to-reward ratio and limited to 2 entries per trading day to avoid overtrading. Ideal for NASDAQ scalping on a 1-minute chart.
Pine Script® strategy
by faninasir
Composite PR Signal (Trend↔Revert + ADX gate)Core Components 1. Dynamic Inputs Max/PR windows (maxLen, prWin) – define historical lookbacks for oscillators and percentile ranks. Smoothing (smooth) – applies an EMA filter to stabilize composite scores. Threshold (th) – governs entry sensitivity. Holding period (hBars) – maximum bars allowed in a trade. Execution options – allow shorting, fast approximations for PR and CCI. 2. Custom Utility Functions The script implements optimized versions of common TA operations: Rolling sums, delays, and moving averages (EMA, RMA, SMA). Lazy rolling extrema (efficient highest/lowest lookups). Stateful arrays for tracking oscillator values across bars. Fast approximations for percentile ranks and indicators. 3. Indicators Used The system calculates a broad set of oscillators, including: Trend/Momentum: ROC, TRIX, TSI, MACD histogram, OBV ROC, AO, CMF, BOP, UO, ADX. Reversion/Oscillators: RSI, Stochastic K/D, MFI, Williams %R, CCI, CMO. Each is converted into a percentile rank (PR) to normalize values between 0–100. 4. Composite Scoring Two composite signals are built: Trend Score – averages normalized outputs of momentum indicators. Reversion Score – averages normalized outputs of oscillators prone to mean reversion. ADX Gate – when ADX PR is high, the strategy favors trend score; when low, it favors reversion score. Final score is smoothed and compared against entry thresholds. 5. Trade Logic Entry: Long: When composite score crosses above +th. Short: When composite score crosses below -th (if enabled). Exit: Opposite crossover signal. Or trade duration exceeds hBars. 6. Risk/Execution Parameters Initial capital: 100,000 Commission: 0.01% per trade Fixed order size: 100 units No pyramiding Intended Use This script is designed for: Swing trading across multiple assets (equities, forex, crypto). Adapting to market regimes — capturing breakouts during strong trends, but fading moves when markets are choppy.
Pine Script® strategy
by Cmo22
Adaptive Cortex Strategy (Demo)Adaptive Cortex Strategy - The Smart, Adaptive Investment System Don't Get Lost in the Market Noise. Learn to Understand the Market. Every investor faces the same dilemma: Why does a strategy that worked perfectly yesterday struggle today when the market's character changes? Because the market isn't static. It's a dynamic structure that constantly changes, breathes, and enters different regimes. So, why shouldn't your strategy adapt to this dynamism? Adaptive Cortex Strategy (ACS) What is This Strategy? The Adaptive Cortex Strategy isn't just a simple indicator that gives you buy and sell signals. It's a holistic analysis framework that attempts to understand the changing nature of the market and adapt its decision-making mechanism accordingly. Its core philosophy is to identify data-driven, high-probability investment opportunities by combining (amalgamating) many different market dynamics. The strategy's power comes from its proprietary technology, which we call the "Smart Decision Engine." This engine performs two primary functions: Market Memory: The system continuously analyzes past significant market turning points and price levels. This allows the strategy to dynamically recognize and deeply understand the current market structure. Situational Awareness: The system continuously measures the current market "mood." It detects whether we are in a strong trend or indecisive sideways movement and automatically adjusts its analysis accordingly. This allows it to adopt the most appropriate approach in each market. What Does ACS Promise? Clarity: By transforming complex market data into clear, conclusive signals, it provides you with an objective perspective during decision-making. Discipline: With its rules-based structure, it helps you protect yourself from emotional traps like fear and greed, the market's greatest enemies. Adaptation: Instead of searching for a "one-size-fits-all" strategy, it offers a system logic that "adapts to every market." Risk Management: With advanced position management modules, it constantly reminds you that preserving capital is more important than making money. What Doesn't It Promise? Guaranteed Profit or the "Holy Grail": No system in the financial markets can offer 100% certainty. Losing trades are a natural and inevitable part of professional investing. ACS aims not to eliminate losses, but to manage them and statistically maximize profit potential. This is not a "run the robot and get rich" system. ACS is your most powerful analytical assistant, but the ultimate decision and responsibility always rest with the investor. The Dream of Getting Rich Overnight: Successful investing is a marathon, not a sprint. ACS is designed to help disciplined and patient investors achieve statistical advantage over the long term. Who Is This System Suitable For? For Beginner Investors: It offers a disciplined and structured roadmap that avoids emotional decisions and confusion. For Experienced Analysts: It serves as a powerful quantitative aid that validates or challenges their technical analysis. For Investors Seeking a System: It offers a professional-grade risk management framework that offers not only entry but also position management and multiple exit scenarios.
Pine Script® strategy
by blntdmn
TradeMastersAlgoOur strategy is a long only algorithm that has produced repeatable positive results in both back testing and live testing. The code is our proprietary IP. Users may have a 30 free trial to experiment with our strategy. Results are not guaranteed. This strategy was created for automated day trading a fully funded margin account. Please exercise caution and discipline when using any strategy. We've had the most positive results with heavy diversification (40 tickers trading 5% equity each). Ticker selection, timeframe, and chart type ( we use standard candles ) are up to the user. We encourage you to keep your own method to your self to prevent the dilution of your strategy.
Pine Script® strategy
by noforgiveness13
Median + Tendência + ATR (Yehuda Nahmias)📊 Median + Trend + ATR (By Yehuda Nahmias) 🚀 The indicator that combines Simplicity, Accuracy, and Risk Management This script brings together three key pillars of professional trading: ✅ Dynamic Median → captures price midpoints and highlights reversal and breakout zones. ✅ Trend Filter (EMA) → ensures signals are aligned with the main market direction. ✅ Smart ADX + ATR → confirm trend strength and automatically calculate Stop Loss and Take Profit based on volatility. 🔔 How it works: Buy/Sell Arrows: automatically appear when price crosses the median under valid trend and strength conditions (ADX). Automatic Stops and Targets: SL and TP levels are plotted using ATR, ready for effective risk management. 3 Signal Modes: 🛡️ Conservative → fewer trades, stronger filtering. ⚖️ Standard → balance between frequency and accuracy. ⚡ Aggressive → more trades, captures shorter moves. 💡 Key Benefits: Clear visuals: colored candles + BUY/SELL arrows. Built-in risk management: position size is calculated based on % of equity. Flexible: works on any asset (Forex, Crypto, Indices, Stocks). 🔑 Private access only. If you’d like to use this strategy on your charts, contact me via my TradingView profile. 👉 Turn your analysis into objective signals and gain more confidence in your entries and exits!
Pine Script® strategy
by britosilvadesign
NQ Scalping System (1-Min Optimized) — StrategyNQ Scalping System — What this does (in plain English) You’re buying pullbacks in an uptrend and selling pullbacks in a downtrend. Trend = EMA89. Entries lean on EMA8/EMA21 touches + a StochRSI reset & cross so you’re not chasing candles. Optional Volume and MACD filters keep you out of weak moves. A time window avoids dead markets and the first noisy minute. Long setup Price above EMA89 (trend up) Price pulls back to EMA8 (or EMA21 if fallback is on) by at least your Min Pullback (NQ points) StochRSI resets to oversold and %K crosses up %D (Optional) Volume thrust and MACD momentum confirm Within your session window Short = mirror image. Exits you control Stop/Target: ATR-based (adaptive) or fixed scalp points Trailing stop: only arms after price moves your way by X points, then trails by your offset Early exit options: StochRSI fade, EMA break, trend break, or opposite divergence Quick scalp: grab a few points or bail after X bars if nothing happens Reality check This is a rules → orders system. It will not match eyeballed indicator labels. Fills, gaps, and trail behavior are real. That’s the point. How I’d run it (defaults that won’t waste your time) Use ATR stops/targets by default EMA21 fallback = ON (you’ll miss fewer good pullbacks) MACD filter = ON when choppy; OFF when trends are clean Volume multiplier: start modest, bump it up if you get chopped Session: keep RTH (e.g., 09:30–15:45 ET) and skip the first minute Quick presets for higher timeframes Use these as starting points and then nudge to taste. 5-Minute (intraday swings) OB/OS: 80 / 20 Volume Multiplier: 1.3 MACD: 8 / 21 / 5 ATR Stop× / Target×: 1.8–2.2 / 2.5–3.0 Min Pullback: 1.0–1.5 pts Quick Scalp: 6–10 pts, Bars: 12–20 Trailing: Activation 6–8 pts, Offset 3–4 pts Divergence: Hidden ON, MTF OFF 15-Minute (session legs) OB/OS: 85 / 15 Volume Multiplier: 1.4 MACD: 8 / 21 / 5 ATR Stop× / Target×: 2.0–2.5 / 3.0–4.0 Min Pullback: 1.5–2.5 pts Quick Scalp: 12–18 pts, Bars: 16–30 Trailing: Activation 10–14 pts, Offset 5–6 pts Divergence: Hidden ON, MTF ON (LTF = 5m) 30-Minute (bigger intraday trends) OB/OS: 88 / 12 Volume Multiplier: 1.5 MACD: 12 / 26 / 9 (or 8 / 21 / 5 if you want faster) ATR Stop× / Target×: 2.2–2.8 / 3.5–5.0 Min Pullback: 2.5–4.0 pts Quick Scalp: 18–28 pts, Bars: 20–40 Trailing: Activation 16–24 pts, Offset 6–8 pts Divergence: Hidden ON, MTF ON (LTF = 5m or 15m) 1-Hour (multi-hour swings) OB/OS: 90 / 10 Volume Multiplier: 1.6–1.8 MACD: 12 / 26 / 9 ATR Stop× / Target×: 2.5–3.5 / 4.0–6.0 Min Pullback: 4–7 pts Quick Scalp: 30–50 pts, Bars: 24–60 Trailing: Activation 28–40 pts, Offset 10–15 pts Divergence: Hidden ON, MTF ON (LTF = 15m) Tuning tips (read this) Getting chopped? Raise Min Pullback, raise Volume Multiplier, leave MACD ON, and narrow your session. Missing moves? Turn EMA21 fallback ON, lower Volume Multiplier, relax OB/OS (e.g., 75/25 on 5m). Flat days? Use Quick Scalp and a tighter Trail Activation to lock gains.
Pine Script® strategy
by Steeldoor7089
Liquidity SweeperStrategy Overview This Pine Script implements a Liquidity Sweep Trading Strategy, a sophisticated approach that capitalizes on market manipulation tactics commonly used by institutional traders. The strategy identifies when price "sweeps" above recent swing highs or below swing lows to trigger stop losses and grab liquidity, then quickly reverses direction - creating high-probability trading opportunities. Core Concept: What is a Liquidity Sweep? A liquidity sweep occurs when: Price breaks above a swing high (or below a swing low) to trigger retail stop losses Institutional players absorb this liquidity at favorable prices Price quickly reverses back into the previous range This creates a "fake breakout" or "stop hunt" pattern The strategy exploits these manipulative moves by entering trades in the direction of the reversal. How the Strategy Works 1. Swing Point Detection Uses a lookback period (default: 20 bars) to identify significant swing highs and lows Employs proper pivot point detection using ta.highestbars() and ta.lowestbars() Only considers confirmed swing points (not just recent highs/lows) 2. Liquidity Sweep Identification High Sweep (Short Setup): Price moves above the last swing high (triggering buy stops) Same bar closes back below the swing high (showing rejection) Low Sweep (Long Setup): Price moves below the last swing low (triggering sell stops) Same bar closes back above the swing low (showing support) 3. Confirmation Process Requires price to stay within the swept range for a specified number of bars (default: 3) This confirms the sweep was genuine and not just normal volatility Prevents false signals and improves trade quality 4. Entry Logic Long Entries: Triggered after confirmed low sweeps Short Entries: Triggered after confirmed high sweeps 5. Risk Management Stop Loss: Placed at a multiple of ATR (default: 1.5x) from entry price Take Profit: Risk/Reward ratio based (default: 2:1) Position Sizing: 10% of equity per trade (configurable) Red X-crosses: High sweeps detected Green X-crosses: Low sweeps detected Red triangles (down): Short entry signals Green triangles (up): Long entry signals Horizontal lines: Current swing high/low levels Info label: Shows last detected swing levels Optimal Conditions: Timeframes: 1H, 4H, and Daily work best Market Conditions: Ranging and trending markets both suitable Volatility: Moderate to high volatility preferred Session Times: Most effective during active trading sessions Strengths: ✅ Exploits institutional manipulation tactics ✅ Clear entry/exit rules with defined risk ✅ Works across multiple asset classes ✅ Includes proper confirmation to reduce false signals ✅ Visual clarity for manual verification ✅ Reasonable risk/reward parameters Limitations: ⚠️ Requires patience - not a high-frequency strategy ⚠️ Market dependent - fewer signals in low volatility periods ⚠️ Needs sufficient lookback data for swing identification ⚠️ May have drawdown periods during strong trending moves ⚠️ Requires understanding of market structure concepts Best Practices for Users Optimization Tips: Adjust lookback period based on timeframe (shorter for lower TFs) Test different confirmation periods for your market Consider market session times when backtesting Use alongside volume analysis for additional confirmation Risk Management: Never risk more than 2-3% per trade of total capital Consider reducing position size during high-impact news Monitor correlation if trading multiple pairs simultaneously Use additional filters (trend, support/resistance) for confluence Backtesting Recommendations: Test on at least 6 months of historical data Include different market conditions (trending, ranging, volatile) Consider transaction costs and slippage in results Forward test on demo before live implementation Expected Results Based on typical liquidity sweep strategy performance: Disclaimer This strategy is based on market structure analysis and institutional trading behavior patterns. Past performance doesn't guarantee future results. Users should: Thoroughly backtest before live trading Start with small position sizes Understand the underlying concepts before implementation Consider combining with other analysis methods Always use proper risk management The strategy works best when traders understand the psychological and structural elements of liquidity sweeps rather than just following signals blindly.
Pine Script® strategy
by Mejunda
VWAP + Multi-Timeframe RSI StrategyThis strategy combines VWAP trend direction with confirmation from RSI on a higher timeframe. The idea is to only take trades when both intraday momentum and higher-timeframe trend are aligned, increasing accuracy. LONG Entry: Price above VWAP (bullish environment). RSI on the current timeframe is below overbought (room to rise). RSI on the higher timeframe (default H1) is above 50 (bullish confirmation). SHORT Entry: Price below VWAP (bearish environment). RSI on the current timeframe is above oversold (room to fall). RSI on the higher timeframe is below 50 (bearish confirmation). Exit Rule: Stop-loss near VWAP. Take-profit at ~2x risk or when major levels are reached. Best Timeframes: Use 15m or 30m chart with H1 RSI for intraday trading. Use 1H chart with Daily RSI for swing trading. ⚡ The higher-timeframe RSI filter reduces false signals and aligns trades with institutional flow.
Pine Script® strategy
by dreamflysec
VWAP Pullback + RSI ConfirmationThis strategy focuses on trend continuation entries. Instead of betting on reversions, it looks for opportunities when price pulls back to VWAP but the dominant trend remains intact. Trend Bias: Price above VWAP = bullish environment → look for BUY pullbacks. Price below VWAP = bearish environment → look for SELL pullbacks. Entry Logic: BUY: Price pulls back near VWAP, RSI stays above oversold (momentum intact). SELL: Price pulls back near VWAP, RSI stays below overbought (momentum intact). Exit Rule: Stop-loss just below/above VWAP. Take-profit at 1.5–2x risk (default script uses ~2%). Best Timeframes: 15m–1H → good for intraday trend-following setups. Daily → captures stronger, longer trends. ⚡ This strategy is powerful in trending markets because VWAP acts as a "magnet" for pullbacks, while RSI prevents overbought/oversold traps.
Pine Script® strategy
by dreamflysec
Hybrid RSI Strategy [Heifereum ]This is a hybrid script that combines visual RSI indicator signals with an optional backtestable trading strategy. BUY Entry: When RSI crosses above the oversold level (default 30) SELL Exit: When RSI crosses below the overbought level (default 70) Timeframe: Works best on trending assets (crypto, forex, indices) in 5min to 1H Backtest Toggle: Turn ON/OFF live testing using the Enable Backtest Mode? setting Visual Cues: Buy/Sell labels, background coloring, and alerts ready for webhook automation Use this strategy to visually explore RSI dynamics, run performance backtests, or hook up to external bots via alerts.
Pine Script® strategy
by heifereum
BBAWE 事件合約This is a paid version. Please contact me or follow me. ✅ Key Features Strict 1-bar confirmation for cleaner entries. Fast EMA filter to avoid false breakouts. Cooldown system to reduce overtrading. Visual markers for Key Bars and trade entries. Fully customizable parameters (BB period, EMA length, cooldown bars). 📈 Best Suited For Short-term scalping or intraday setups. Catching quick reversals or momentum continuation. Traders who need stricter signal validation to filter noise.
Pine Script® strategy
by a132639761366
event contract boll 事件合約Bollinger Bands (BB) Strict t1 Confirmation Only the very next candle (t1) is checked: Long Short Prevents rapid-fire entries in choppy markets.✅ Key Features Strict 1-bar confirmation for cleaner entries. Fast EMA filter to avoid false breakouts. Cooldown system to reduce overtrading. Visual markers for Key Bars and trade entries. Fully customizable parameters (BB period, EMA length, cooldown bars). 📈 Best Suited For Short-term scalping or intraday setups. Catching quick reversals or momentum continuation. Traders who need stricter signal validation to filter noise.
Pine Script® strategy
by a132639761366
MOHStrategy Description Uses Heikin Ashi candles to filter market noise and identify trend direction. Entry is allowed only when strong HA candles appear (bullish without lower wick, bearish without upper wick). Doji candles signal possible reversal. استخدام شموع Heikin Ashi لتقليل الضوضاء وتحديد اتجاه الترند. الدخول فقط عند ظهور شموع قوية (صاعدة بدون ذيل سفلي، هابطة بدون ذيل علوي). شمعة الدوجي = إشارة انعكاس محتملة.
Pine Script® strategy
by MOH554555
[Outperforms Bitcoin Since 2011] Professional MA StrategyThis Strategy OUTPEFORMS Bitcoin since 2011. Timeframe: Daily MA used (Fast and Slow): WMA (Weighted Moving Average) Fast MA Length: 30 days (Reflects the Monthly Trend - Short Term Perspective) Slow MA Length: 360 days (Reflects the Annual Trend - Long Term Perspective) Position Size: 100% of equity Margin for Long = 10% of equity Margin for Short = 10% of equity Open Long = Typical Price Crosses Above its Fast MA and Price is above its Slow MA Open Short = Typical Price Crosses Below its Fast MA and Price is below its Slow MA Close Long = Typical Price Crosses Below its Fast MA Close Short = Typical Price Crosses Below its Fast MA note: Typical Price = (high + low + close) / 3
Pine Script® strategy
by victhoreb
KCandle Strategy 1.0# KCandle Strategy 1.0 - Trading Strategy Description ## Overview The **KCandle Strategy** is an advanced Pine Script trading system based on bullish and bearish engulfing candlestick patterns, enhanced with sophisticated risk management and position optimization features. ## Core Logic ### Entry Signal Generation - **Pattern Recognition**: Detects bullish and bearish engulfing candlestick formations - **EMA Filter**: Uses a customizable EMA (default 25) to filter trades in the direction of the trend - **Entry Levels**: - **Long entries** at 25% of the candlestick range from the low - **Short entries** at 75% of the candlestick range from the low - **Signal Validation**: Orange candlesticks indicate valid setup conditions ### Risk Management System #### 1. **Stop Loss & Take Profit** - Configurable stop loss in pips - Risk-reward ratio setting (default 2:1) - Visual representation with colored lines and labels #### 2. **Break-Even Management** - Automatically moves stop loss to break-even when specified R:R is reached - Customizable break-even offset for added protection - Prevents losing trades after reaching profitability #### 3. **Trailing Stop System** - **Activation Trigger**: Activates when position reaches specified R:R level - **Distance Control**: Maintains trailing stop at defined distance from entry - **Step Management**: Moves stop loss forward in incremental R steps - **Dynamic Protection**: Locks in profits while allowing for continued upside ### Advanced Features #### Position Management - **Pyramiding Support**: Optional multiple position entries with size reduction - **Order Expiration**: Pending orders automatically cancel after specified bars - **Position Sizing**: Percentage-based allocation with pyramid level adjustments #### Visual Interface - **Real-time Monitoring**: Comprehensive information panel with all strategy metrics - **Historical Tracking**: Visual representation of past trades and levels - **Color-coded Indicators**: Different colors for break-even, trailing, and standard stops - **Debug Options**: Optional labels for troubleshooting and optimization ## Key Parameters ### Basic Settings - **EMA Length**: Trend filter period - **Stop Loss**: Risk per trade in pips - **Risk/Reward**: Target profit ratio - **Order Validity**: Duration of pending orders ### Risk Management - **Break-Even R:R**: Profit level to trigger break-even - **Trailing Activation**: R:R level to start trailing - **Trailing Distance**: Stop distance from entry when trailing - **Trailing Step**: Increment for stop loss advancement ## Strategy Benefits 1. **Objective Entry Signals**: Based on proven candlestick patterns 2. **Trend Alignment**: EMA filter ensures trades align with market direction 3. **Robust Risk Control**: Multiple layers of protection (SL, BE, Trailing) 4. **Profit Optimization**: Trailing stops maximize winning trade potential 5. **Flexibility**: Extensive customization options for different market conditions 6. **Visual Clarity**: Complete visual feedback for trade management ## Ideal Use Cases - **Swing Trading**: Medium-term positions with trend-following approach - **Breakout Trading**: Capturing momentum from engulfing patterns - **Risk-Conscious Trading**: Suitable for traders prioritizing capital preservation - **Multi-Timeframe**: Adaptable to various timeframes and instruments --- *The KCandle Strategy combines traditional technical analysis with modern risk management techniques, providing traders with a comprehensive tool for systematic market participation.*
Pine Script® strategy
by jake_theboss
Weekend Hunter Ultimate v6.2 Weekend Hunter Ultimate v6.2 - Automated Crypto Weekend Trading System OVERVIEW: Specialized trading strategy designed for cryptocurrency weekend markets (Saturday-Sunday) when institutional traders are typically offline and market dynamics differ significantly from weekdays. Optimized for 15-minute timeframe execution with multi-timeframe confluence analysis. KEY FEATURES: - Weekend-Only Trading: Automatically activates during configurable weekend hours - Dynamic Leverage: 5-20x leverage adjusted based on market safety and signal confidence - Multi-Timeframe Analysis: Combines 4H trend, 1H momentum, and 15M execution - 10 Pre-configured Crypto Pairs: BTC, ETH, LINK, XRP, DOGE, SOL, AVAX, PEPE, TON, POL - Position & Risk Management: Max 4 concurrent positions, -30% account protection - Smart Trailing Stops: Protects profits when approaching targets RISK MANAGEMENT: - Maximum daily loss: 5% (configurable) - Maximum weekend loss: 15% (configurable) - Per-position risk: Capped at 120-156 USDT - Emergency stops for flash crashes (8% moves) - Consecutive loss protection (4 losses = pause) TECHNICAL INDICATORS: - CVD (Cumulative Volume Delta) divergence detection - ATR-based dynamic stop loss and take profit - RSI, MACD, Bollinger Bands confluence - Volume surge confirmation (1.5x average) - Weekend liquidity adjustments INTEGRATION: - Designed for Bybit Futures (0.075% taker fee) - WunderTrading webhook compatibility via JSON alerts - Minimum position size: 120 USDT (Bybit requirement) - Initial capital: $500 recommended TARGET METRICS: - Win rate target: 65% - Average win: 5.5% - Average loss: 1.8% - Risk-reward ratio: ~3:1 IMPORTANT DISCLAIMERS: - Past performance does not guarantee future results - Leveraged trading carries substantial risk of loss - Weekend crypto markets have 13% of normal liquidity - Not suitable for traders who cannot afford to lose their entire investment - Requires continuous monitoring and adjustment USAGE: 1. Apply to 15-minute charts only 2. Configure weekend hours for your timezone 3. Set up webhook alerts for automation 4. Monitor performance table in top-right corner 5. Adjust parameters based on your risk tolerance This is an experimental strategy for educational purposes. Always test with small amounts first and never invest more than you can afford to lose completely.
Pine Script® strategy
by YOUNGPSI
The Best Strategy Template[LuciTech]Hello Traders, This is a powerful and flexible strategy template designed to help you create, backtest, and deploy your own custom trading strategies. This template is not a ready-to-use strategy but a framework that simplifies the development process by providing a wide range of pre-built features and functionalities. What It Does The LuciTech Strategy Template provides a robust foundation for building your own automated trading strategies. It includes a comprehensive set of features that are essential for any serious trading strategy, allowing you to focus on your unique trading logic without having to code everything from scratch. Key Features The LuciTech Strategy Template integrates several powerful features to enhance your strategy development: • Advanced Risk Management: This includes robust controls for defining your Risk Percentage per Trade, setting a precise Risk-to-Reward Ratio, and implementing an intelligent Breakeven Stop-Loss mechanism that automatically adjusts your stop to the entry price once a specified profit threshold is reached. These elements are crucial for capital preservation and consistent profitability. • Flexible Stop-Loss Options: The template offers adaptable stop-loss calculation methods, allowing you to choose between ATR-Based Stop-Loss, which dynamically adjusts to market volatility, and Candle-Based Stop-Loss, which uses structural price points from previous candles. This flexibility ensures the stop-loss strategy aligns with diverse trading styles. • Time-Based Filtering: Optimize your strategy's performance by restricting trading activity to specific hours of the day. This feature allows you to avoid unfavorable market conditions or focus on periods of higher liquidity and volatility relevant to your strategy. • Customizable Webhook Alerts: Stay informed with advanced notification capabilities. The template supports sending detailed webhook alerts in various JSON formats (Standard, Telegram, Concise Telegram) to external platforms, facilitating real-time monitoring and potential integration with automated trading systems. • Comprehensive Visual Customization: Enhance your analytical clarity with extensive visual options. You can customize the colors of entry, stop-loss, and take-profit lines, and effectively visualize market inefficiencies by displaying and customizing Fair Value Gap (FVG) boxes directly on your chart. How It Does It The LuciTech Strategy Template is meticulously crafted using Pine Script, TradingView's powerful and expressive programming language. The underlying architecture is designed for clarity and modularity, allowing for straightforward integration of your unique trading signals. At its core, the template operates by taking user-defined entry and exit conditions and then applying a sophisticated layer of risk management, position sizing, and trade execution logic. For instance, when a longCondition or shortCondition is met, the template dynamically calculates the appropriate position size. This calculation is based on your specified risk_percent of equity and the stop_distance (the distance between your entry price and the calculated stop-loss level). This ensures that each trade adheres to your predefined risk parameters, a critical component of disciplined trading. The flexibility in stop-loss calculation is achieved through a switch statement that evaluates the sl_type input. Whether you choose an ATR-based stop, which adapts to market volatility, or a candle-based stop, which uses structural price points, the template seamlessly integrates these methods. The ATR calculation itself is further refined by allowing various smoothing methods (RMA, SMA, EMA, WMA), providing granular control over how volatility is measured. Time-based filtering is implemented by comparing the current bar's time with user-defined start_hour, start_minute, end_hour, and end_minute inputs. This allows the strategy to activate or deactivate trading during specific market sessions or periods of the day, a valuable tool for optimizing performance and avoiding unfavorable conditions. Furthermore, the template incorporates advanced webhook alert functionality. When a trade is executed, a customizable JSON message is formatted based on your webhook_format selection (Standard, Telegram, or Concise Telegram) and sent via alert function. This enables seamless integration with external services for real-time notifications or even automated trade execution through third-party platforms. Visual feedback is paramount for understanding strategy behavior. The template utilizes plot and fill functions to clearly display entry prices, stop-loss levels, and take-profit targets directly on the chart. Customizable colors for these elements, along with dedicated options for Fair Value Gap (FVG) boxes, enhance the visual analysis during backtesting and live trading, making it easier to interpret the strategy's actions. How It's Original The LuciTech Strategy Template distinguishes itself in the crowded landscape of TradingView scripts through its unique combination of integrated, advanced risk management features, highly flexible stop-loss methodologies, and sophisticated alerting capabilities, all within a user-friendly and modular framework. While many templates offer basic entry/exit signal integration, LuciTech goes several steps further by providing a robust, ready-to-use infrastructure for managing the entire trade lifecycle once a signal is generated. Unlike templates that might require users to piece together various risk management components or code complex stop-loss logic from scratch, LuciTech offers these critical functionalities out-of-the-box. The inclusion of dynamic position sizing based on a user-defined risk percentage, a configurable risk-to-reward ratio, and an intelligent breakeven mechanism significantly elevates its utility. This comprehensive approach to capital preservation and profit targeting is a cornerstone of professional trading and is often overlooked or simplified in generic templates. Furthermore, the template's provision for multiple stop-loss calculation types—ATR-based for volatility adaptation, and candle-based for structural support/resistance—demonstrates a deep understanding of diverse trading strategies. The underlying code for these calculations is already implemented, saving developers considerable time and effort. The subtle yet powerful inclusion of FVG (Fair Value Gap) related inputs also hints at advanced price action concepts, offering a sophisticated layer of analysis and execution that is not commonly found in general-purpose templates. The advanced webhook alerting system, with its support for various JSON formats tailored for platforms like Telegram, showcases an originality in catering to the needs of modern, automated trading setups. This moves beyond simple TradingView pop-up alerts, enabling seamless integration with external systems for real-time trade monitoring and execution. This level of external connectivity and customizable data output is a significant differentiator. In essence, the LuciTech Strategy Template is original not just in its individual features, but in how these features are cohesively integrated to form a powerful, opinionated, yet highly adaptable system. It empowers traders to focus their creative energy on developing their core entry/exit signals, confident that the underlying framework will handle the complexities of risk management, trade execution, and external communication with precision and flexibility. It's a comprehensive solution designed to accelerate the development of robust and professional trading strategies. How to Modify the Logic to Apply Your Strategy The LuciTech Strategy Template is designed with modularity in mind, making it exceptionally straightforward to integrate your unique trading strategy logic. The template provides a clear separation between the core strategy management (risk, position sizing, exits) and the entry signal generation. This allows you to easily plug in your own buy and sell conditions without altering the robust underlying framework. Here’s a step-by-step guide on how to adapt the template to your specific trading strategy: 1. Locate the Strategy Logic Section: Open the Pine Script editor in TradingView and navigate to the section clearly marked with the comment //Strategy Logic Example:. This is where the template’s placeholder entry conditions (a simple moving average crossover) are defined. 2. Define Your Custom Entry Conditions: Within this section, you will find variables such as longCondition and shortCondition. These are boolean variables that determine when a long or short trade should be initiated. Replace the existing example logic with your own custom buy and sell conditions. Your conditions can be based on any combination of indicators, price action patterns, candlestick formations, or other market analysis techniques. For example, if your strategy involves a combination of RSI and MACD, you would define longCondition as (rsi > 50 and macd_line > signal_line) and shortCondition as (rsi < 50 and macd_line < signal_line). 3. Leverage the Template’s Built-in Features: Once your longCondition and shortCondition are defined, the rest of the template automatically takes over. The integrated risk management module will calculate the appropriate position size based on your Risk % input and the chosen Stop Loss Type. The Risk:Reward ratio will determine your take-profit levels, and the Breakeven at R feature will manage your stop-loss dynamically. The time filter (Use Time Filter) will ensure your trades only occur within your specified hours, and the webhook alerts will notify you of trade executions.
Pine Script® strategy
by TradesLuci