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Moving Average Crossover Swing StrategyMoving Average Crossover Swing Strategy **Overview:** The basic concept of this strategy is to generate a signal when a faster/shorter length moving average crosses over (for Longs) or crosses under (for Shorts) a medium/longer length moving average. All of which are customizable. This strategy can work on any timeframe, however the daily is the timeframe used for the default settings and screenshots, as it was designed to be a multi-day swing strategy. Once a signal has been confirmed with a candle close, based on user options, the strategy will enter the trade on the open of the next candle. The crossover strategy is nothing new to trading, but what can make this strategy unique and helpful, is the addition of further confirmation points, ATR based stop loss and take profit targets, optional early exit criteria, customizable to your needs and style, and just about everything visual can be toggled on/off. This strategy is based on a Trend (MA) indicator and a Momentum (MACD) indicator. While a Volume-based indicator is not shown here, one could consider using their favorite from that category to further compliment the signal idea. It should be noted that depending on the time frame, direction(s) chosen, the signal options, confirmation options, and exit options selected, that a ticker may not produce more than 100 trades on the back test. Depending on your style and frequency, one could consider adjusting options and/or testing multiple tickers. It should also be noted that this strategy simply tests the underlying stock prices, not options contracts. And of course, testing this strategy against historical data does not assume that the same results will occur in future price action. Shoutout given to Ripster's Clouds Indicator as pieces of that code were taken and modified to create both the Cloud visualization effects, and the Moving Average Pair Plots that are implemented in this strategy. BASIC DEFAULTS All can be changed as normal Initial capital = 10,000 Order Sizing = 25% of equity (use the "Inputs" tab to modify this) Pyramiding = 0 Commission = 0.65 USD per order Price Verification = 1 tick Slippage = 1 tick RISK MANAGMENT You will notice two different percentage options and ATR multipliers. This strategy will adjust position sizing by not exceeding either one of those % values based on the ATR (Average True Range) of the symbol and the multipliers selected, should the stock hit the stop loss price. For Example, lets assume these values are true: Account size = $10,000, Max Risk = 1% of account size Max Position Size = 25% of the account size Stock Price = 23.45 ATR = 3.5 ATR Stop Loss Multiplier = 1.4 Then the formulas would be: ACCT_SIZE * MaxRisk_% = 10000 * .01 = $100 (MaxCashRisk) ----- MaxCashRisk / (ATR * ATR_SL_MULTIPLIER) = 100 / (3.5 * 1.4) = 20.4 Shares based on Max Cash Risk ----- (ACCT_SIZE * MaxEquity_%) / STOCK_PRICE = (10000 * .25) / 23.45 = 106.61 Shares based on Max Equity Allocation The minimum value of each of those options is then used, which in this case would be to purchase 20 shares so as not to exceed the max dollar risk should the stock reach the stop loss target. Likewise, if the ATR were to be much lower, say 0.48 cents, and all else the same, then the strategy would purchase the 106 shares based on Max Equity Allocation because the Max Cash Risk would require 149.25 shares. MOVING AVERAGE OPTIONS Select between and change the length & type of up to 5 pairs (10 total) of moving averages The "Show Cloud-x" option will display a fill color between the "a" and "b" pairs All moving averages lines can be toggled on/off in the "Style" tab, as well as adjusting their colors. Visualization features do not affect calculations, meaning you could have all or nothing on the chart and the strategy will still produce results SIGNAL CHOICES Choose the fast/shorter length MA and the medium/longer length MA to determine the entry signal CONFIRMATION OPTIONS Both of these have customizable values and can be toggled on/off A candle close over a slower/much longer length moving average An additional cross-over (cross-under for Shorts) on the MACD indicator using default MACD values. While the MACD indicator is not necessary to have on the chart, it can help to add that for visualization. The calculations will perform whether the indicator is on the chart or not. EARLY EXIT CRITERIA Both can be toggled on/off with customizable values MA Cross Exit will exit the trade early if the select moving averages cross-under (for longs) or cross-over (for shorts), indicating a potential reversal. Max Bars in Trades will act as a last-resort exit by simply calculating the amount of full bars the trade has been open, and exiting on the opening of the next bar. For example: the default value is 8 bars, so after 8 full bars in the trade, if no other exit has been triggered (Stop Loss, Take Profit, or MA Cross(if enabled)), then the trade will exit at the opening of the 9th bar. Finally, there is a table displaying the amount of trades taken for each side, and the amount & percent of both early exits. This table can be turned off in the "Style" tab ADDITIONAL PLOTS MACD (Moving Average Convergence/Divergence): - The MACD is an optional confirmation indicator for this strategy. - Plotting the indicator is not necessary for the strategy to work, but it can be helpful to visually see the status and position of the MACD if this feature is enabled in the strategy - This helps to identify if there is also momentum behind the entry signal
Pine Script® strategy
by D_Rockefeller
2
Strategy - Plus / Connectable [Azullian]Discover the advanced capabilities of Strategy Plus, an essential component of the connectable indicator system designed for fast-paced strategy testing, visualization, and building within TradingView. This enhanced version of our foundational connectable strategy indicator seamlessly integrates with all connectable indicators . By utilizing the TradingView input source as a signal connector , it facilitates the linking of indicators to form a cohesive strategy. Each connectable indicator within the system sends signal weight to the next node, culminating in a comprehensive strategy that incorporates advanced customization options, sophisticated signal interpretation, and elaborate backtest labeling. Strategy Plus stands out by offering improved position management and extensive alert messaging capabilities, ensuring effective strategy refinement and backend integration. █  DISTINCTIVE FEATURES The Connectable Strategy Plus enhances risk mitigation within the connectable system through its advanced features and capabilities:  • Refined Signal Input Management: Tailor and precisely connect up to two signal filters with enhanced input flexibility, gain control, and strategic direction settings.  • Strategic Position Investment Control: Optimize positioning with versatile investment bases, custom investment percentages, and direction-specific investments for effective risk management.  • Advanced Exit Stop Loss Configuration: Implement custom stop loss tactics with diverse base modes and trailing options for tailored risk management.  • Strategic Exit Take Profit Settings: Apply precision-driven take profit strategies with various calculation modes and dynamic trailing functionality.  • Calibrated Entry Position Allocation: Optimize investment distribution for entry positions, including DCA and BRO trades, for strategic market response.  • Refined Order Setting Customization: Ensure exchange compliance with adjustable order settings, enhancing backtest accuracy and strategy reliability.  • Comprehensive Condition Settings: Define precise conditions for strategy execution, including date range filtering and order/loss limitations.  • Intuitive Visualization: Enhance strategy clarity with customizable visual elements and trade visualization features.  • Advanced Alert Configurations: Stay informed with comprehensive and customizable alerts for effective backend integration.  • Backend Integration With JSON Format: Leverage elaborate and structured data in JSON format for advanced analytics, enhancing decision-making and strategy optimization outside TradingView. Let's review the separate parts of this indicator. █  STRATEGY INPUTS We've provided 2 inputs for connecting a signal filter or indicators or chains (1→, 2→) which are all set to 'Close' by default. An input has several controls:  • Enable disable: Toggle the entire input on or off  • Input: Connect indicators or signal filter here, choose indicators with a compatible : Signal connector.  • G - Gain: Increase or reduce the strength of the incoming signal by a factor.  • SM - Signal Mode: Choose a trading direction compatible with the settings in your signal filter  • XM - Exit Mode: Determine when to allow to exit your open trade     ○ Always: Doesn't take the restrictions into account, this ignores all the settings chosen in ML or MP     ○ Restricted: Use both ML and MP conditions     ○ Loss: Use the ML condition only, for example: Position will be exited and the exit signal will be allowed only when the loss exceeds the ML parameter     ○ Profit: Use the MP condition only for example: Exits will only be allowed when the profit of the position exceeds the condition of the MP parameter █ POSITION INVESTMENT Determine the percentage of your trading budget you would like to use in each position based on the strategy's profit or loss.  • LINVB - Loss Investment Base: Choose which base to use to determine the investment percentage when the strategy is in a loss.     ○ Equity: Use the equity as the base for percentage calculation.     ○ Initial capital: Use the initial capital as the base for percentage calculation.  • LINV% - Loss Investment Percentage: Set a percentage of the chosen investment base as the investment for a new position.     ○ For example, when 10% in loss, and a initial capital of $100, and the investment base is set to equity with a percentage of 50%, your investment will be 50% of $90, $45.  • PINVB - Profit Investment Base: Choose which base to use to determine the investment percentage when the strategy is in profit.     ○ Equity: Use the equity as the base for percentage calculation.     ○ Initial capital: Use the initial capital as the base for percentage calculation.  • PINV% - Profit Investment Percentage: Set a percentage of the chosen investment base as the investment for a new position.     ○ For example, when 10% in profit, and an initial capital of $100, and the investment base is set to equity with a percentage of 100%, your investment will be 100% of $110, $110.  • XINVB - Custom Profit Investment Base: Choose which base to use to determine the investment percentage when the strategy is above a custom profit threshold (XT).     ○ Equity: Use the equity as the base for percentage calculation.     ○ Initial capital: Use the initial capital as the base for percentage calculation.  • XINV% - Custom Profit Investment Percentage: Set a percentage of the chosen investment base as the investment for a new position.     ○ For example, when 100% in profit, exceeding the XT threshold of 50%, and an initial capital of $100, and the investment base is set to equity with a percentage of 50%, your investment will be 50% of $200, $100.  • XT% - Custom Profit Threshold: Determine how much profit triggers these custom profit investment settings.  • ELIB% - Entry Long Investment Base: Following previous settings, you can further restrict the investment according to the long trading direction.     ○ For instance, if the previous calculation resulted in $45 to be used as an investment, and you've set the ELIB% to 50%, your long position will use 50% of $45, which is $22.5.  • ESIB% - Entry Short Investment Base: Following previous settings, you can further restrict the investment according to the short trading direction.     ○ For example, if the previous calculation resulted in $45 to be used as an investment, and you've set the ESIB% to 50%, your short position will use 50% of $45, which is $22.5.  • RISK% - Risk Percentage:     ○ Determine how much of the calculated position investment is at risk when the stop-loss is hit.         - For example, 1% of $45 represents a maximum loss of $0.45.     ○ Risk percentage works together with the stop loss and the max leverage.  • MXLVG - Maximum Leverage:     ○ Investigate the trading rules for your trading pair and use the maximum allowed amount of leverage.     ○ To determine the number of contracts to be bought or sold, considering the stop loss and the specified risk percentage, the maximum leverage available will constrain the amount of leverage utilized to ensure that the maximum risk threshold is not exceeded. For instance, suppose the stop loss is set at 1%, and the risk percentage is defined as 10%. Initially, the calculated leverage to be used would be 10. However, if there is a maximum leverage cap set at 5, it would constrain the calculated leverage of 10 to adhere to the maximum limit of 5. █ EXIT STOP LOSS Determine the Stop Loss price based on your selected configuration. As the stop loss is an integral part of the ordered contracts calculation used in conjunction with the Risk and Max leverage, you'll always need to provide a stop loss price.  • SLLB - Stop Loss Long Base: Choose a stop loss mode for calculating stop loss prices in long positions.     ○ Risk: Determines the price using the Risk parameter (RISK%) and maximum leverage (MXLVG). In this case, SLLB% will not have any impact.     ○ Price Entry + Offset: Calculates the stop loss price based on a offset percentage (SLLB%) from the entry price of the position.     ○ Source: Computes the stop loss price based on an external indicator defined in SLLSRC.         - If this results in an invalid price, the calculation will revert to using the price entry + offset.     ○ Source + Offset: Determines the stop loss price based on a positive or negative offset percentage (SLLB%) from an external indicator defined in SLLSRC.         - If this results in an invalid price, the calculation will fall back to using the price entry + offset.  • SLLB% - Stop Loss Long Base Percentage: Define an offset percentage that will be applied in the price entry + offset and source + offset stop loss modes.  • SLLSRC - Stop Loss Long Source: Connect an external indicator as the source for stop loss (only those providing price values eg: bollinger bands, moving averages...).  • SLLT - Stop Loss Long Trailing:     ○ Fixed: The initial stop loss will be kept and no trailing stop loss will be applied.     ○ Trail Stop: Takes into account all settings defined in SLLB and SLLB% and recalculates them with each candle.         - If a better stop loss is computed, it replaces the existing stop loss. In this mode SLLT% will be disregarded.     ○ Trail Stop till BE: Similar to trailing stop mode, but it stops trailing when the stop loss reaches the break-even point.     ○ Trail Stop from BE: Similar to trailing stop mode, but it starts trailing when the stop loss reaches the break-even point.     ○ Trail Price: Computes the trailing stop loss price based on an offset percentage (SLLT%) from the closing price of the current candle.         - If a better stop loss price is calculated, it will be set as the new stop loss price.     ○ Trail Price till BE: Similar to the Trail Price mode, but it stops trailing when the stop loss reaches the break-even point.     ○ Trail Price from BE: Similar to Trail Price mode, but it starts trailing when the stop loss reaches the break-even point.     ○ Trail Incr: Adapts the trailing stop loss price based on the offset percentage (SLLT%).         - Each price change in favor of your position will incrementally adapt the trailing stop loss with SLLT%.     ○ Trail Incr till BE: Similar to the Trail Incr mode, but it stops trailing when the stop loss reaches the break-even point.  • SLLT% - Stop Loss Long Trailing Percentage: This percentage serves as an offset or increment depending on your chosen trailing mode.  • SLSB - Stop Loss Short Base: Functions similarly to SLLB but for short positions.  • SLSB% - Stop Loss Short Base Percentage: Functions similarly to SLLB% but for short positions.  • SLSSRC - Stop Loss Short Source: Functions similarly to SLLSRC but for short positions.  • SLST - Stop Loss Short Trailing: Functions similarly to SLLT but for short positions.  • SLST% - Stop Loss Short Trailing Percentage: Functions similarly to SLLT% but for short positions. █ EXIT TAKE PROFIT Determine the Take Profit price based on your selected configuration.  • TPLB - Take Profit Long Base: Choose a take profit mode for calculating take profit prices in long positions.     ○ Reward: Determines the take profit price using the Risk parameter (RISK%) and the calculated Stop Loss price and the set reward percentage (TPLB%).         - For example: Risk 1%, Calculated Stop loss price: $90, Entry price: $100, Reward (TPLB%): 2%, will result in a take profit price on $120.     ○ Price Entry + Offset: Calculates the take profit price based on a offset percentage (TPLB%) from the entry price of the position.         - For example: Entry price: $100, Offset (TPLB%): 2%, will result in a take profit price on $102.     ○ Source: Computes the take profit price based on an external input from another indicator defined in TPLSRC.         - If this results in an invalid price, the calculation will revert to using the price entry + offset.     ○ Source + Offset: Determines the take profit price based on a positive or negative offset percentage (TPLB%) from an external indicator inpuy defined in TPLSRC.         - If this results in an invalid price, the calculation will fall back to using the price entry + offset.  • TPLB% - Take Profit Long Base Percentage: Define an offset percentage that will be applied in the price entry + offset and source + offset take profit modes.  • TPLSRC - Take Profit Long Source: Choose to connect an external indicator as the source for take profit (of course only those which provide price values eg: bollinger bands, moving averages... but not oscillators).  • TPLT - Take Profit Long Trailing:     ○ Fixed: The initial take profit will be kept and no trailing take profit will be applied.     ○ Trail Profit: Takes into account all settings defined in TPLB and TPLB% and recalculates them with each candle.         - If an applicable take profit is computed, it replaces the existing take profit. In this mode TPLT% will be disregarded.     ○ Trail Profit till BE: Similar to trailing profit mode, but it stops trailing when the take profit reaches the break-even point.     ○ Trail Profit from BE: Similar to trailing profit mode, but it starts trailing when the take profit reaches the break-even point.     ○ Trail Price: Computes the trailing take profit price based on an offset percentage (TPLT%) from the closing price of the current candle.         - If an applicable take profit price is calculated, it will be set as the new take profit price.     ○ Trail Price till BE: Similar to the Trail Price mode, but it stops trailing when the take profit reaches the break-even point.     ○ Trail Price from BE: Similar to Trail Price mode, but it starts trailing when the take profit reaches the break-even point.     ○ Trail Incr: Adapts the trailing take profit price based on the offset percentage (TPLT%). Each price change against your position will incrementally adapt the trailing take profit with TPLT%.     ○ Trail Incr till BE: Similar to the Trail Incr mode, but it stops trailing when the take profit reaches the break-even point.  • TPLT% - Take Profit Long Trailing Percentage: This percentage serves as an offset or increment depending on your chosen trailing mode.  • TPSB - Take Profit Short Base: Functions similarly to TPLB but for short positions.  • TPSB% - Take Profit Short Base Percentage: Functions similarly to TPLB% but for short positions.  • TPSSRC - Take Profit Short Source: Functions similarly to TPLSRC but for short positions.  • TPST - Take Profit Short Trailing: Functions similarly to TPLT but for short positions.  • TPST% - Take Profit Short Trailing Percentage: Functions similarly to TPLT% but for short positions. █ ENTRY INVESTMENT DISTRIBUTION Based on your position investment calculation you can distribute the position investment accross the initial opening trade of the position (SIG%) or the follow up Dollar Cost Averaging (DCA%) or Break Out (BRO%) trades. For example: SIG%: 10%, DCA%: 45%, BRO%: 45% and the calculated Position Investment is $100, then the initial trade will receive $10, DCA will receive $45, and BRO will receive $45 to work with. Disable BRO and or DCA by setting them to 0%. Keep in mind that the sum of SIG, BRO and DCA may not exceed 100%.  • SIG% - Initial order investment percentage based on the signal: The percentage of the position investment distributed over normal trades.  • DCA% - Dollar Cost Averaging investment percentage: The percentage of the position investment distributed to DCA trades.  • BRO% - Break Out investment percentage: The percentage of the position investment distributed to BRO trades. █ ENTRY DCA DCA (Dollar-Cost Averaging) is a risk mitigation strategy where the allocated DCA% budget from the Entry Investment Distribution is distributed among x levels (DCA#) based on calculated prices (DPLM) and order sizes (DOSM), when prices move against your position.  • DCA# - Maximum DCA levels: Set the maximum number of DCA levels.  • DPLM - DCA Price Level Mode: Choose a price level mode that determines at which prices the additional purchases are distributed:     ○ Linear: Entry prices are evenly spaced at regular intervals.     ○ QuadIn: Entry prices are front-loaded, with more at the beginning and fewer later.     ○ QuadOut: Entry prices are back-loaded, with fewer at the beginning and more later.     ○ QuadInOut: Entry prices start front-loaded, then become back-loaded.     ○ CubicIn: Similar to QuadIn but with a smoother front-loaded distribution.     ○ CubicOut: Similar to QuadOut but with a smoother back-loaded distribution.     ○ ExpoIn: Entry prices are exponentially increasing, starting small and growing.     ○ ExpoOut: Entry prices are exponentially decreasing, starting large and reducing.     ○ ExpoInOut: Entry prices start exponentially increasing, then decrease exponentially.  • DOSM - DCA Order Size Mode: Choose a DCA budget distribution mode for order sizes:     ○ Linear: Order sizes are evenly spaced at regular intervals.     ○ QuadIn: Order sizes are front-loaded, with larger orders at the beginning and smaller ones later.     ○ QuadOut: Order sizes are back-loaded, with smaller orders at the beginning and larger ones later.     ○ QuadInOut: Order sizes start front-loaded and transition to back-loaded.     ○ CubicIn: Similar to QuadIn but with a smoother front-loaded distribution of order sizes.     ○ CubicOut: Similar to QuadOut but with a smoother back-loaded distribution of order sizes.     ○ ExpoIn: Order sizes exponentially increase, starting small and growing.     ○ ExpoOut: Order sizes exponentially decrease, starting large and reducing.     ○ ExpoInOut: Order sizes start exponentially increasing, then decrease exponentially. For a visual representation of the price or order size distribution modes, refer to online easing curves. █ ENTRY BRO BRO (Break Out) is a risk mitigation strategy where the allocated BRO% budget from the Entry Investment Distribution is distributed among x levels (BRO#) based on calculated prices (BPLM) and order sizes (BOSM), when prices move in favor of your position.  • BRO# - Maximum BRO levels: Set the maximum number of BRO levels.  • BPLM - BRO Price Level Mode: Choose a price level mode that determines at which prices the additional purchases are distributed:     ○ Distribution easing modes work similar as the DCA easing modes.  • BOSM - BRO Order Size Mode: Choose a BRO budget distribution mode for order sizes:     ○ Distribution easing modes work similar as the DCA easing modes. █ ORDER SETTINGS Fine-tune accuracy to match your exchange's trading constraints, enhancing backtest precision with these settings, default settings are least restrictive for crypto trading pairs.  • MINP - Mininmum Position Notional Value: Exchange-defined minimum notional value for positions:     ○ Calculated based on your exchange's rules and is the minimum total value your position must hold to meet their requirements It is calculated by multiplying Quantity with price and leverage.     ○ It helps ensure your trades align with your exchange's standards.  • MAXP - Maximum Position Notional Value: Exchange-defined maximum notional value for positions:     ○ Similar to MINP, this value is calculated based on your exchange's rules and represents the maximum total value allowed for your position.  • MINQ - Mininmum Order Quantity: Least permissible order quantity based on exchange rules:     ○ This is the smallest quantity of an asset that your exchange allows you to trade in a single order.  • MAXQ - Maximum Order Quantity: Highest permissible order quantity according to exchange rules:     ○ Opposite of MINQ, this is the largest quantity of an asset you can trade in a single order as defined by your exchange.  • DECP - Decimals in Order Price: Allowed decimal places in order prices as per exchange specifications:     ○ This value specifies the number of decimal places you can use when specifying the price of an order.  • DECQ - Decimals in Order Quantity: Permitted decimal places in order quantities according to exchange specifications:     ○ Similar to DECP, this value indicates the number of decimal places you can use when specifying the quantity of an asset in an order. █  STRATEGY CONDITIONS Specify when the strategy is permitted to execute trades.  • DATE: Enable the Date Range filter to restrict entries to a specific date range.     ○ START: Set a start date and hour to commence trading.     ○ END: Set an end date and hour to conclude trading within the defined range.  • IDO - Maximum Intraday Orders: Limit the number of orders the strategy can place within a single trading day. Upon reaching this limit, the strategy temporarily halts further entries for the day.  • DL% - Maximum Intraday Loss%: Set a threshold for the maximum allowable intraday loss as a percentage of equity. When exceeded, the strategy temporarily suspends trading for the day.  • CLD - Maximum Consecutive Loss Days: Define the maximum number of consecutive days the strategy can incur losses. Upon reaching this limit, the strategy halts trading and avoids new entries.  • DD% - Maximum Drawdown: Specify the maximum permissible drawdown as a percentage of equity. If this limit is met, the strategy halts trading and refrains from placing additional entries.  • TP% - Total Profit %: Establish a target for the total profit percentage the strategy aims to achieve. Once this target is attained, the strategy halts trading and refrains from initiating new entries.  • TL% - Total Loss %: Define a limit for the total loss percentage relative to the initial capital. If this limit is exceeded, the strategy discontinues trading and refrains from placing further entries. ■ VISUALS  • LINE: Activate a colored dashed diagonal line to visually connect the entry and exit points of positions.  • SLTP: Enable visualization of stop loss, take profit, and break-even levels.  • PNL: Enable Break-Even and Close Lines along with a colored area in between to visualize profit and loss.  • ☼: Brightness % : Adjust the opacity of the plotted trading visuals.  • P - Profit Color : Choose the color for profit-related elements.  • L - Loss Color: Choose the color for loss-related elements.  • B - Breakeven Color : Select the color for break-even points.  • EL - Long Color: Specify the color for long positions.  • ES - Short Color: Specify the color for short positions.  • TRADE LABELING: For better analysis we've labeled all entries and exits conform with the type of order your strategy has executed, some examples:     ○ EL-SIG0-124: Enter Long - Signal 0 - Position 124     ○ EL-BRO1-130: Enter Long - BRO1 - Position 130     ○ EL-BRO2-130: Enter Long - BRO2 - Position 130     ○ ES-DCA1-140: Enter Short - DCA1 - Position 140     ○ XS-DCA2-140: Exit Short - DCA2 - Position 140     ○ XL-TP-150: Exit Long - Take Profit - Position 150     ○ XS-TP-154: Exit Short - Take Profit - Position 154     ○ XL-SL-160: Exit Long - Stop Loss - Position 160     ○ XS-SL-164: Exit Short - Stop Loss - Position 164     ○ XS-CND-165: Exit Short - Strategy Condition - Max intraday loss - Position 165 ■ ALERT SETTINGS For developers and those who wish to integrate TradingView alerts into their backend systems, we offer comprehensive labeling options.  • ALID: A unique identifier you've assigned to your alert.  • NAME: A structured name you've given to this strategy.  • LAYOUT: The layout key of the strategy, allowing direct chart linking from your backend.  • SYMBOL: The symbol on which the strategy operates.     ○ ONCE: You can choose to include this information only in the first message to reduce message size and repetition in follow-up messages. (max. 4096 characters)  • TICK: The ticker for the strategy.  • CHART: The chart parameter containing the timeframe.period and timeframe.multiplier.     ○ ONCE: You can choose to include this information only in the first message to reduce message size and repetition in follow-up messages. (max. 4096 characters)  • BAR: Includes bar information in the alert message.  • STRATEGY: Adds strategy inputs to the alert message.     ○ ONCE: You can choose to include this information only in the first message to reduce message size and repetition in follow-up messages. (max. 4096 characters)  • PERFORMANCE: Incorporates strategy performance data into the alert message.  • SIGNAL: Appends received signal weights (EL, XL, ES, XS) to the alert message.  • ORDERS: Includes order details in the alert message.  • TAGS: Adds up to 6 tags and their corresponding values to the alert message.     ○ ONCE: You can choose to include this information only in the first message to reduce message size and repetition in follow-up messages. (max. 4096 characters) Of course we can't neglect letting you in on how this juicy JSON would look (without the // comments): { "id": 20726, // Message Id "t": "2023-11-01T10:35:00Z", // Message Time "al": { // Alert "id": "639bfa9a-5f01-4031-8880-7ec01e972055", // Alert Id "n": "TEST04", // Name "l": "ABC123" // Layout }, "sym": { // Symbol "typ": "crypto", // Type "r": "DOGEUSD.PM", // Root "pre": "KRAKEN", // Prefix "tc": "DOGEUSD.PM", // Ticker "bc": "DOGE", // BaseCurrency "c": "USD", // Currency "d": "DOGEUSD Multi Collateral Perpetual Futures Contract", // Description "mtc": 0.000001, // MinTick "pv": 1, // PointValue "ct": "PF_DOGEUSD" // CustomTicker }, "ch": { // Chart "pd": "1", // Period "mul": 1 // Multiplier }, "bar": { // Bar "id": 20725, // Index "t": "2023-11-01T10:33:00Z", // Time "o": 0.066799, // Open "h": 0.066799, // High "l": 0.066799, // Low "c": 0.066799, // Close "v": 2924 // Vol }, "strat": { // Strategy "n": "Strategy - Plus / Connectable ", // Name "sig": { // Signal "c1e": true, // Connector1Enabled "c1s": 500500.500501, // Connector1Source "c1g": 1, // Connector1Gain "c2e": false, // Connector2Enabled "c2s": 0.067043, // Connector2Source "c2g": 1, // Connector2Gain "sm": "Swing (EL, ES)", // SignalMode "xm": "Always", // ExitMode "mlp": 0.01, // ExitModeMinPercLoss "mpp": 0.01 // ExitModeMinPercProfit }, "inv": { // Investment "lb": "Equity", // LossBase "lp": 50, // LossPerc "pb": "Equity", // ProfitBase "pp": 100, // ProfitPerc "pcb": "Equity", // ProfitCustomBase "pcp": 100, // ProfitCustomPerc "pct": 10000, // ProfitCustomThreshold "elp": 100, // LongPerc "esp": 100, // ShortPerc "rsk": 1, // MaxRisk "lvg": 10 // MaxLeverage }, "sl": { // StopLoss "lb": "Price Entry + Offset", // LongBase "lp": 0.2, // LongPerc "lsrc": 0.067043, // LongSource "lt": "Trail Stop", // LongTrailMode "ltp": 0.2, // LongTrailPerc "sb": "Price Entry + Offset", // ShortBase "sp": 0.2, // ShortPerc "ssrc": 0.067043, // ShortSource "st": "Trail Stop", // ShortTrailMode "stp": 0.2 // ShortTrailPerc }, "tp": { // TakeProfit "lb": "Price Entry + Offset", // LongBase "lp": 1, // LongPerc "lsrc": 0.067043, // LongSource "lt": "Fixed", // LongTrailMode "ltp": 1, // LongTrailPerc "sb": "Price Entry + Offset", // ShortBase "sp": 1, // ShortPerc "ssrc": 0.067043, // ShortSource "st": "Fixed", // ShortTrailMode "stp": 1 // ShortTrailPerc }, "dis": { // Distribution "sigp": 10, // SignalPerc "dcap": 0, // DCAPerc "brop": 90 // BROPerc }, "dca": { // DCA "lvl": 3, // Levels "pl": "linear", // ModePriceLevel "os": "linear" // ModeOrderSize }, "bro": { // BRO "lvl": 3, // Levels "pl": "expoIn", // ModePriceLevel "os": "cubicOut" // ModeOrderSize }, "ord": { // OrderSettings "pmin": 5, // PNVMin "pmax": 30000000, // PNVMax "qmin": 0, // QtyMin "qmax": 1000000000, // QtyMax "dp": 6, // DecPrice "dq": 6 // DecQty }, "cnd": { // Conditions "de": true, // DateRangeEnabled "start": "2023-11-01T10:30:00Z", // StartTime "end": "2024-12-31T23:30:00Z", // EndTime "idoe": false, // MaxIntradayOrdersEnabled "ido": 100, // MaxIntradayOrders "dle": false, // MaxIntradayLossEnabled "dl": 10, // MaxIntradayLossPerc "clde": false, // MaxConsLossDaysEnabled "cld": false, // MaxConsLossDays "dde": false, // MaxDrawdownEnabled "dd": 100, // MaxDrawdownPerc "mpe": false, // MaxProfitEnabled "mp": 200, // MaxProfitPerc "mle": false, // MaxLossEnabled "ml": -50 // MaxLossPerc } }, "perf": { // Performance "ic": 1000, // InitialCapital "eq": 1000, // Equity "np": 0, // NetProfit "op": 0, // OpenProfit "ct": 0, // ClosedTrades "ot": 0, // OpenTrades "p": "FLAT", // MarketPosition "ps": 0, // MarketPositionSize "pp": "FLAT", // PreviousMarketPosition "pps": 0 // PreviousMarketPositionSize }, "sig": { // Signal "el": 0, // EL "xl": 0, // XL "es": 6, // ES "xs": 0 // XS }, "ord": , "tag": } █ USAGE OF CONNECTABLE INDICATORS  ■ Connectable chaining mechanism Connectable indicators can be connected directly to the signal monitor, signal filter or strategy , or they can be daisy chained to each other while the last indicator in the chain connects to the signal monitor, signal filter or strategy. When using a signal filter you can chain the filter to the strategy input to make your chain complete.  • Direct chaining: Connect an indicator directly to the signal monitor, signal filter or strategy through the provided inputs (→).  • Daisy chaining: Connect indicators using the indicator input (→). The first in a daisy chain should have a flow (⌥) set to 'Indicator only'. Subsequent indicators use 'Both' to pass the previous weight. The final indicator connects to the signal monitor, signal filter, or strategy.  ■ Set up this indicator with signals and a signal filter The indicator provides visual cues based on signal conditions. However, its weight system is best utilized when paired with a connectable signal filter, monitor, or strategy . Let's connect the Strategy - Plus to a connectable signal filter and connectable indicators : 1. Load all relevant indicators  • Load MA - Plus / Connectable  • Load Signal filter - Plus / Connectable  • Load Strategy - Plus / Connectable 2. Signal Filter Plus: Connect the MA - Plus to the Signal Filter  • Open the signal filter settings  • Choose one of the five input dropdowns (1→, 2→, 3→, 4→, 5→) and choose : MA - Plus / Connectable: Signal Connector  • Toggle the enable box before the connected input to enable the incoming signal 3. Signal Filter: Update the filter settings if needed  • The default filter mode for the trading direction is SWING, and is compatible with the default settings in the strategy and indicators. 4. Signal Filter: Update the weight threshold settings if needed  • All connectable indicators load by default with a score of 6 for each direction (EL, XL, ES, XS)  • By default, weight threshold is 'ABOVE' Threshold 1 (TH1) and Threshold 2 (TH2), both set at 5. This allows each occurrence to score, as the default score is 1 point above the threshold. 5. Strategy Plus: Connect one of the strategy plus inputs to the signal filters signal connector in the strategy settings  • Select a strategy input → and select the Signal filter - Plus: Signal connector 6. Strateg Plus: Enable filter compatible directions  • As the default setting of the filter is SWING, we should also set the SM (Strategy mode) to SWING. 7. Strateg Plus: You're ready to start optimizing  • Dive into all parameters and start optimizing your backtesting results. █ BENEFITS  • Adaptable Modular Design: Arrange indicators in diverse structures via direct or daisy chaining, allowing tailored configurations to align with your analysis approach.  • Streamlined Backtesting: Simplify the iterative process of testing and adjusting combinations, facilitating a smoother exploration of potential setups.  • Intuitive Interface: Navigate TradingView with added ease. Integrate desired indicators, adjust settings, and establish alerts without delving into complex code.  • Signal Weight Precision: Leverage granular weight allocation among signals, offering a deeper layer of customization in strategy formulation.  • Advanced Signal Filtering: Define entry and exit conditions with more clarity, granting an added layer of strategy precision.  • Clear Visual Feedback: Distinct visual signals and cues enhance the readability of charts, promoting informed decision-making.  • Standardized Defaults: Indicators are equipped with universally recognized preset settings, ensuring consistency in initial setups across different types like momentum or volatility.  • Reliability: Our indicators are meticulously developed to prevent repainting. We strictly adhere to TradingView's coding conventions, ensuring our code is both performant and clean. █ COMPATIBLE INDICATORS Each indicator that incorporates our open-source 'azLibConnector' library and adheres to our conventions can be effortlessly integrated and used as detailed above. For clarity and recognition within the TradingView platform, we append the suffix ' / Connectable' to every compatible indicator. █ COMMON MISTAKES, CLARIFICATIONS AND TIPS  • Removing an indicator from a chain: Deleting a linked indicator and confirming the "remove study tree" alert will also remove all underlying indicators in the object tree. Before removing one, disconnect the adjacent indicators and move it to the object stack's bottom.  • Point systems: The azLibConnector provides 500 points for each direction (EL: Enter long, XL: Exit long, ES: Enter short, XS: Exit short) Remember this cap when devising a point structure.  • Flow misconfiguration: In daisy chains the first indicator should always have a flow (⌥) setting of 'indicator only' while other indicator should have a flow (⌥) setting of 'both'.  • Hide attributes: As connectable indicators send through quite some information you'll notice all the arguments are taking up some screenwidth and cause some visual clutter. You can disable arguments in Chart Settings / Status line.  • Layout and abbreviations: To maintain a consistent structure, we use abbreviations for each input. While this may initially seem complex, you'll quickly become familiar with them. Each abbreviation is also explained in the inline tooltips.  • Inputs: Connecting a connectable indicator directly to the strategy delivers the raw signal without a weight threshold, meaning every signal will trigger a trade.  • Layout and Abbreviations: Abbreviations streamline structure and input identification. Although they may seem complex initially, inline tooltips provide explanations, facilitating quick acclimatization.  • Total Trade Limit Error & Date-Time Filter: For deep backtesting, be mindful of the total trade limit. Utilize the date-time filter to narrow the test scope and avoid TradingView order limits.  • Calculation Timeout: Encounter a timeout? Adjust any parameter slightly to restart the calculation process.  • Message Character Limit: To stay within message character limits, consider turning off certain features or setting some to 'once'.  • Direct Indicator-to-Strategy Connection: When connecting an indicator directly to a strategy without thresholds, the strategy will default to long if weights are equally assigned.  • Pyramid Enabling with DCA and BRO: Activate pyramid orders, enabling you to optimize your strategy during Dollar Cost Averaging and Break Out trades.  • Recalculate & Fill Orders Properties: Adjusting these default settings in strategy properties tab may lead to unexpected behavior when backtesting. Approach with caution.  • Optimized for Crypto: Our indicators have been optimized and tested primarily on cryptocurrency markets. Results in other markets may vary.  • Inline Tooltips Documentation: Detailed documentation and guidance are available via inline tooltips for immediate assistance.  • Strategy Settings Margin: Set margin to 1 to be able to apply leverage.  • Styling Panel: Explore the styling panel to disable labels or any other visual cues to reduce clutter on busy charts, enhancing visual clarity and personalization.  • Applying Leverage on Spot Markets: Ensure that maximum leverage on spot markets is configured to 1.  • Unrealistic Order Sizes: Verify that the order book can accommodate your backtested order sizes. █ A NOTE OF GRATITUDE Through years of exploring TradingView and Pine Script, we've drawn immense inspiration from the community's knowledge and innovation. Thank you for being a constant source of motivation and insight. █ RISK DISCLAIMER Azullian's content, tools, scripts, articles, and educational offerings are presented purely for educational and informational uses. Please be aware that past performance should not be considered a predictor of future results.
Pine Script® strategy
by azullian
9
Captain Backtest Model [TFO]Created by @imjesstwoone and @mickey1984, this trade model attempts to capture the expansion from the 10:00-14:00 EST 4h candle using just 3 simple steps. All of the information presented in this description has been outlined by its creators, all I did was translate it to Pine Script. All core settings of the trade model may be edited so that users can test several variations, however this description will cover its default, intended behavior using NQ 5m as an example. Step 1 is to identify our Price Range. In this case, we are concerned with the highest high and the lowest low created from 6:00-10:00 EST. Step 2 is to wait for either the high or low of said range to be taken out. Whichever side gets taken first determines the long/short bias for the remainder of the Trade Window (i.e. if price takes the range high, bias is long, and vice versa). Bias must be determined by 11:15 EST, otherwise no trades will be taken. This filter is intended to weed out "choppy" trading days. Step 3 is to wait for a retracement and enter with a close through the previous candle's high (if long biased) or low (if short biased). There are a couple toggleable criteria that we use to define a retracement; one is checking for opposite close candles that indicate a pullback; another is checking if price took the previous candle's low (if long biased) or high (if short biased). This trade model was initially tested for index futures, particularly ES and NQ, using a 5m chart, however this indicator allows us to backtest any symbol on any timeframe. Creators @imjesstwoone and @mickey1984 specified a 5 point stop loss on ES and a 25 point stop loss on NQ with their testing. I've personally found some success in backtesting NQ 5m using a 25 point stop loss and 75 point profit target (3:1 R). Enabling the Use Fixed R:R parameter will ensure that these stops and targets are utilized, otherwise it will enter and hold the position until the close of the Trade Window.
Pine Script® strategy
by tradeforopp
45
twisted SMA strategy [4h] Hello I would like to introduce a very simple strategy that uses a combination of 3 simple moving averages ( SMA 4 , SMA 9 , SMA 18 ) this is a classic combination showing the most probable trend directions Crosses were marked on the basis of the color of the candles (bulish cross - blue / bearish cross - maroon) ma 100 was used to determine the main trend, which is one of the most popular 4-hour candles We define main trend while price crosses SMA100 ( for bullish trend I use green candle color ) The long position strategy was created in combination of 3 moving averages with Kaufman's adaptive moving average by alexgrover The strategy is very accurate and is easy to use indicators the strategy uses only Buy (Long) signals in a combination of crossovers of the SMA 4, SMA 9, SMA 18 and the Kaufman Adaptive Moving Average. As a signal to close a long position, only the opposite signal of the intersection of 3 different moving averages is used the current strategy is recommended for higher time zones (4h +) due to the strength of the closing candles, which translates into signal strength works fascinatingly well for long-term bullish market assets (for example 4h Apple, Tesla charts) Enjoy and trade safe ;)
Pine Script® strategy
by wielkieef
Seer's HutThis is a strategy based on Exponential Moving Averages or Volume Weighted Moving Averages against Adaptive fib resistance / support level and profit percentage which can be definetly defined by user and targeting small profits(profits will be raised by leverages). In this strategy, there are predefined values which are collected one by one with statistical background and backtests. This gives an advantage to see which ratios are working better for each symbol. Also this statistics are re-evaluated monthly and if there is a need they are going to be changed with the help of libraries. Also IT IS RECOMMENDED TO USE IN DAILY INTERVAL GRAPHICS!!!! When we deep dive to strategy, it is based on profit percentages. it is similar to the MOST system. MOST only changes the way with default value of %2. But this hardcoded strategy is not working well with each Symbol. So this is the point where DC and ADR Statistics are involved. For Ex. while BTC is suits well with %2, it does not do wonders for RSR or RUNE which is 4-5% for each. There is 3 options for setting the statistical usage of this indicator. 1. Auto calculated based on 1000 days of ADR and DC imgur.com 2. Using Library where statistical values are stored. imgur.com 3. User-defined values used. Yeah you read it right. Fully on-demand changes are supported. Which gives freedom to users for setup their own Adaptive FIB and Profit Percentages. imgur.com Based on this 3 options, TP and SL points are calculated on bar closures. Strategy Orders are also shown / raised with the closures. Ok, system calculates these values but how to read / use them. what is this strategy based on ? This strategy is mostly looking for minimizing the LOSS in case of any stop. So because of this, in each TP, system gives order signal to close half of the remaining open position. There are 7 type of orders OL : Open Long (Close Short and Open Long if in position) CL 50 : Close Long - %50 of Open Position CL 100 : Close Long - Close all position OS : Open Short (Close Long and Open Short if in position) CL 50 : Close Short - %50 of Open Position CL 100 : Close Short - Close all position TP5 : Highest TP reached. Close all position. Script checks cross of EMA / VWMA and adFib to decide open a position. In reversal / crosses, adFib line had been set to defined Fib. Percentage (FP) level. For creating the TP points, Profit Percentage (PP) parameter had been used which I briefly introduce at the beginning with the options. One important topic about this strategy, it is not stacking / pyramiding the positions. Which means, it always calculate one way position. For example we are in the long position after OL signal. We reached TP values and take profits. Later on due to FP crossing EMA, OS order signal given. This means you have to close all long position and open short position. But beware. These calculated points are based on given values or calculated regarding to average ADR / DC ratings. For supporting strategy, several methods also had been included in the options. imgur.com These are: 1. MA plotting (Optional 4 EMA, 1WMA) - checking for Golden and Death Cross 2. Bollinger Bands (Length 25 and Multiplier 2.5 set as default. Used in correlation with TEMA) 3. Kama 2 / Kama 5 - Crossing speaks of Trend way 4. TEMA (TEMA 50, VWMA 25 calculations and plotting. Used for TEMA 50 / VWMA 25 / SMA 25 cross checks for weakening or strengthening trend analysis) 5. ATR plotting 6. Chandelier Exit plotting (Widely used for calculating Stop levels in market) 7. PSAR (Widely used for indicating trend reversal) Also for the ease of use, if the users does not want to plot any values on the graph and just want to see the values there is couple of tables also included. 1. EMA info 2. KAMA info 3. Order info 4. TP/SL info imgur.com Some important notes: 1. To minimize the stop just after the order opening candle in volatile grounds, system prevents to raise new order signals if there is a signal already raised in last 4 candle. 2. if system reach and give close order in one of the TP points (For Ex TP1.), then index goes down and goes up again same TP (above TP1 in scenario) after 4 candle, system gives a close order signal again in the same TP. 3. There is a Profit Factor value had been shown at Order Info table. This information shows how profitable is the setup regarding to given FP and PP values. In general market conditions, A Profit Factor above 1.50 is considered good enough and above 2.0 it is considered ideal. A strategy with profit factor less than 1.20 suggests too bigger a risk taken for making money. In some cases automatic ADR and DC calculations are not good enough. so if you want to find a good Profit Factor value, you can change the system automatic calculation to manual value entering and you can see the results directly with in this field.
Pine Script® strategy
by emreyavuz84
6
X48 - Strategy | BreakOut & Consecutive (11in1) + Alert | V.1.2================== Read This First Before Use This Strategy ============== *********** Please be aware that this strategy is not a guarantee of success and may lead to losses. *********** Trading involves risk and you should always do your own research before making any decisions. ================= Thanks Source Script and Explain This Strategy =================== ► Description Write a detailed and meaningful description that allows users to understand how your script is original, what it does, how it does it and how to use it This Strategy Are Combine Strategy and Indicators Alert Function For Systematic Trading User. Strategy List, Thanks For Original Source Script , From Tradingview Build-in Script From fmzquant Github // Channel BreakOut Strategy : Calculate BreakOut Zone For Buy and Sell. // Consecutive Bars UP/Down Strategy : The consecutive bars up/down strategy is a trading strategy used to identify potential buy and sell signals in the stock market. This strategy involves looking for a series of bars (or candles) that are either all increasing or all decreasing in price. If the bars are all increasing, it can be a signal to buy, and if the bars are all decreasing, it can be a signal to sell. This strategy can be used on any timeframe, from a daily chart to an intraday chart. // 15m Range Length SD : Range Of High and Low Candle Price and Lookback For Calculate Buy and Sell. Indicators Are Simple Source Script (Almost I'm Chating With CHAT-GPT and Convert pinescript V4 to V5 again for complete almost script and combine after) // SwingHigh and SwingLow Plot For SL (StopLoss by Last Swing). // Engulfing and 3 Candle Engulfing Plot. // Stochastic RSI for Plot and Fill Background Paint and Plot TEXT For BULL and BEAR TREND. // MA TYPE MODE are plot 2 line of MA Type (EMA, SMA, HMA, WMA, VWMA) for Crossover and Crossunder. // Donchian Fans MODE are Plot Dot Line With Triangle Degree Bull Trend is Green Plot and Bear Trend is Red Plot. // Ichimoku Cloud Are Plot Cloud A-B For Bull and Bear Trend. // RSI OB and OS for TEXT PLOT 'OB' , 'OS' you will know after OB and OS, you can combo with other indicators that's make you know what's the similar trend look like? // MACD for Plot Diamond when MACD > 0 and MACD < 0, you can combo with other indicators that's make you know what's the similar trend look like? Alert Can Alert Sent When Buy and Sell or TP and SL, you can adjust text to alert sent by your self or use default setting. ========== Let'e Me Explain How To Use This Strategy ============= ========== Properties Setting ========== // Capital : Default : 1,000 USDT For Alot Of People Are Beginner Investor = It's Capital Your Cash For Investment // Ordersize : Default Are Setting 5% / Order We Call Compounded ========== INPUT Setting ========== // First Part Use Must Choose Checkbox For Use of Strategy and Choose TP/SL by Swing or % (can choose both) // In Detail Of Setting Are Not Too Much, Please Read The Header Of Setting Before Change The Value // For The Indicator In List You Want To Add Just Check ✅ From MODE Setting, It's Show On Your Chart // You Can Custom TP/SL % You Want ========== ##### No trading strategy is guaranteed to be 100% successful. ###### ========= For Example In My Systematic Trading Select 1/3 Strategy Setting TP/SL % Match With Timeframe TP Long Are Not Set It's Can 161.8 - 423.6% but Short Position Are Not Than 100% Just Fine From Your Aset Choose Indicators For Make Sure Trend and Strategy are the same way like Strategy are Long Position but MACD and Sto background is bear. that's mean this time not open position. Donchian Fans is Simple Support and Ressistant If You Don't Know How To Plot That's, This indicator plot a simple for you ><. Make Sure With Engulfing and 3 Candle Engulfing If You Don't Know, What's The Engulfing, This Indicator are plot for you too ><. For a Big Trend You can use Ichimoku Cloud For Check Trend, Candle Upper Than Cloud or Lower Than Cloud for Bull and Bear Trend.
Pine Script® strategy
by X4815162342
11
TrendShift Pro v1.1TrendShift uses a unique series of moving average calculations to signal shifts in trend direction that goes above and beyond what is possible with common moving average trading techniques like simple moving average crosses. What makes TrendShift different : Unique moving average calculations - The unique calculations allow signals of shifts in trend direction to occur quickly but also avoid the chop and frequent flipflops that are common with standard moving average trading technique. Trading filtering - A clear method of trade confirmation and additional trade filtering using popular indicators like the Ichimoku Cloud and Parabolic SAR which work synergistically with the unique moving average calculations and add additional layers of caution and refinement to filter out unreliable signals. Dynamic trailing stoploss – A dynamically adjusted fractal stop which provides a unique and effective method of managing risk while capturing the duration of a trending move. Strict trading criteria – Unambiguous and clearly signaled entries along with a comprehensive risk management framework and robust back-testing tools which are design to reduce discretion and subjective input as much as possible. Features : Clearly signaled shifts in trend direction. Built in optimization for different trading instruments. Custom inputs for self-optimization. Adjustable methods of confirming trend shift signals. Trading filtering using popular trend indicators. Key support and resistance level displays. Customizable display options. Risk management using customizable adjustable trailing stop loss and position size management tools. Customizable backtesting tools. Customizable alert messages. Settings : Entry Settings: Entry Type : for entering trades via signal candle or signal candle confirmation. Trade type : for long only, short only, or long and short trading. Trend Optimization : contains optimized settings for Bitcoin , Ether, and Altcoins as well as the ability to customize your own settings. Trading Filters : allows refining signal strength by using EMAs, Ichimoku Cloud , and Parabolic SAR to filter trades. Support and Resistance : displays traditional and DM based pivots on various time frames. Risk Management: Bars to Form Stoploss : allows for adjustment of bars necessary to dynamically adjust stoploss. Risk Type : allows for backtesting calculations using % risk to account or leverage. Display options : allows for displaying trade entry and stop loss levels either near candles or in a table. Backtesting: Session : allows filtering by trading session hours. Day of Week Filter : allows filtering trading by specific day of the week. Backtesting Time : allows adjustments to backtesting dates. Alerts : allows for customized alert messages. Usage : The indicator is optimized for the 4 hour timeframe. A green bullish or red bearish signal candle indicates there has been a meaningful shift towards the respective trend direction. When a long/short entry signal is given, that means the signal candle has been confirmed and a trade can be entered accordingly. Once a signal has been generated, a dynamically adjust stoploss will appear and self-adjust every 24-48 hours. Your stoploss should be trailed accordingly. NOTE: Displayed back-testing results are on Binance:ADAUSDT default settings, from 2018-2023, using 3% risk, and 0.075% commission.
Pine Script® strategy
by batleth
12/26-IT strategyBase of this Strategy is crossover of 12EMA on 26EMA. Also multiple other criteria has to meet for buy signal, Criterias mentioned below ////////////////////////////////// There two entry option to select. Either one or both can be selected: 1. Only 12/26 Cross over a. 12/26 crossover. b. RSI (14) value to be between a range (RSI is inbuilt, but lower and upper range can be defined in settings) c. MACD (12, 26) to be positive and above signal line (this is inbuilt) 2. Recent 12/26 Cross over and closing above pivot point(resistance) a. 12/26 crossover has to be recent, CrossOverLookbackCandles value will look for crossover in # previous candles.. b. RSI (14) value to be between a range (RSI is inbuilt, but lower and upper range can be defined in settings) c. MACD (12, 26) to be positive and above signal line (this is inbuilt) d. closing above resistance line ////////////////////////////////// For Exit we have three options. you can select any SL as per your need, multiple SLs can also be selected 1. Trailing Stop Loss. Source for TSL is adjustable(open, close, high or low), also you have to mention % below your source TSL has to be placed. Once closing is below TSL, exit will be triggered. 2. Closing below 7SMA After 7SMA SL is enabled, 7SMA will be plotted on chart and exit signal will be triggered when closing is below 7SMA. Choose this option for LESS risk and rewards 3. 12/26 Crossdown Once 12EMA crossdown below 26EMA, exit will be triggered. Choose this option for HIGH risk and rewards ////////////////////////////////// Resistance line is plotted based on left and right candles, if 10(can be changed) is used for both left and right, indicator will look for 10 candles in left and 10 candles in right and if both left and right candle are lower then a line is plotted. Source has to be selected (close or high) ////////////////////////////////// Qty mentioned in Buy trigger will be based on BUYVALUE entered ////////////////////////////////// Multiple Target option is available, if first target is matched how much percentage of qty to be sold can be defined. If you wish to have only one Target, then exit qty in first target must be 100
Pine Script® strategy
by Abdul-Rahim
10
US Market Balance of Power Heikin Ashi Swing StrategyThis is a swing strategy, using the power of correlation, mainly designed for an investment approach for the US Market. It uses the original OBV formula, which has been adapted to monthly heikin ashi candles values, which are taken from the correlated asset, in this case we are using QQQ chart for testing, but internally we are using the logic from SPY chart for calculations. Once we that value, we make a moving average of it with the length of half of a year to have an idea about the overall price trend during that period of time. After that, we are going to apply a percentile formula for the OBV value, and we are going to look for the percentile near 100th rank of the entire history of that data. Finally once we have the top percentile values, we are going to create different formulas for long and short entries: Short Entry/ Long exit = Current top percentile is higher than the previous top percentile value Long Entry/ Short Exit = Current obv value is negative and the top percentile is smaller than the previous one or we are near the top values for the OBV oscillators ( crossing upwards previous candle/downwards current candle) The strategy has been tested using 25% of the entire initial capital available in order to have an idea about the compound effect over the entire history of time which was selected. From the test which can determine, that on average when we have strong bullish trends, the initial buy n hold strategy outperforms us, however the strategy is definitely a winner when there are side market/ bearish periods of time since it will help cut losses during these periods. If you have any questions, please let me know !
Pine Script® strategy
by exlux
7
EMA + Williams Fractal Pullback [Trading Nerd]EMA Pullback Strategy with Williams Fractal Indicator Backtesting script that searches for trends (long and short) and a following pullback into the EMAs. It enters on the first Williams Fractal in the desired direction. I found the Strategy on YouTube as a "M1 Scalping Strategy for Bitcoin". Including fees the strategy is not profitalbe in lower timeframes (at least if not optimized). But it seems to work on higher timeframes as a swing traiding strategy. Strategy Conditions Longs: EMA 1 > EMA 2 and EMA 2 > EMA 3 Number of need to be above the EMA 1 Then a Pullback into the EMAs is required Enter on the first bullish Williams Fractal Signal is canceled if the price closes below the EMA 3 Shorts: EMA 1 < EMA 2 and EMA 2 < EMA 3 Number of need to be below the EMA 1 Then a Pullback into the EMAs is required Enter on the first bearish Williams Fractal Singal is canceled if the price closes above the EMA 3 Take Profit A Risk Reward Take Profit is possible. If you want to use only a trailing Stop Loss, you can set the Take Profit to 'None' Stop Loss The default Stop Loss is EMA. If the Pullback has not reached the EMA 2, the Stop Loss is set to the EMA 2. If the Pullback has reached the EMA 2, the Stop Loss is set to the EMA 3. Other Stop Loss types are available: ATR, HH/LL Trailing Stop Loss Available trailing Stop Loss types: ATR, HH/LL. Best practice is to also set the Stop Loss type to the same value. The Stop Loss is updated if the value from the latest closed candle is greater/less than the previous value for a long/short trade. Additional Time Filter: Only opens trade in the defined Session. Open trades are still being closed outside of the Session. Start Date/End Date: Limits the backtest for the defined Date Range Trading Days: Only open Trades on the checked Days Risk % per Trade: If enabled the Strategy uses X% of the capital (defined in Settings -> Properties -> Initial Capital) Use Compound Interest: If enabled Capital is recalculated for every trade (initial capital + net Profit) IMPORTANT: For low Timeframes and Markets with tight SL (like Forex) it requires a lower Margin Percent than default. Go to Settings->Properties and lower the required Long/Short Margin. Otherwise Trades might not be considered because of too less capital/marign. Margins can e.g. set to: 2% (Forex), 10% (Stocks), 20% (Crypto).
Pine Script® strategy
by Trading_Nerd
1
Strategy Myth-Busting #8 - TrendSurfers+TrendOsc - [MYN]This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously. Our 8th one is an automated version of the " 653% Gain Magical 1 Minute Scalping Strategy Tested 100 Times | Become Consistently Huge Profit " strategy from " Fxaccurate US " who claims to have achieved 653% profit scalping GOLD on the 5 minute timeframe. As you can see from the backtest results below, I was unable to substantiate anything close to that that claim on any timeframe or symbol. Myth 10000% busted. If you know of or have a strategy you want to see myth-busted or just have an idea for one, please feel free to message me. This strategy uses a combination of 2 open-source public indicators: Trend Surfers - Premium Breakout + Alerts by TrendSurfersSignals Mawreez' Trend Oscillator Indicator by Mawreez Trading Rules: 1 min - 15 min candles Stop loss middle between high and low Risk 1:2 Long Condition Trend Surfers Trailing stop line goes below (Crosses) lowest low Bullish Candle (red) Mawreeze Trend Oscilator Indicator is green Short Condition Trend Surfers Trailing stop line goes above (Crosses) highest high Bearish Candle (red) Mawreeze Trend Oscilator Indicator is red
Pine Script® strategy
by myncrypto
1
USD Liquidity Conditions Index Swing Stock Strategy Original credits goes to @ElDoggo22 www.tradingview.com I looked in the post created by him, of USD liquidity and I have noticed that if you are going to apply a percentile top and bottom to it, can become an interesting swing strategy for US Stocks. So in this case I decided to create a 99th percentile for top and 4th percentile for bot with a big length, preferably 100+ candles, for this example i took 150. Rules for entry : Long : either bot or top lines are ascending We exit long either the top line is descending, or we have sudden cross of the moving average with both top and bot within the same candle Short: we enter short when we have a sudden cross down of the moving average with both top and bot within the same candle We exit short when we have a cross over of the moving average with both top and bot within the same candle ( or we have a long entry condition) If there are qny questions, please let me know !
Pine Script® strategy
by exlux
Coral Trend Pullback Strategy (TradeIQ)Description: Strategy is taken from the TradeIQ YouTube video called "I Finally Found 80% Win Rate Trading Strategy For Crypto". Check out the full video for further details/clarification on strategy entry/exit conditions. The default settings are exactly as TradeIQ described in his video. However I found some better results by some tweaking settings, increasing R:R ratio and by turning off confirmation indicators. This would suggest that perhaps the current confirmation indicators are not the best options. I'm happy to try add some other optional confirmation indicators if they look to be more effective. Recommended timeframe: 1H Strategy incorporates the following features: Risk management: Configurable X% loss per stop loss Configurable R:R ratio Trade entry: Based on strategy conditions below Trade exit: Based on strategy conditions below Backtesting: Configurable backtesting range by date Trade drawings: Each entry condition indicator can be turned on and off TP/SL boxes drawn for all trades. Can be turned on and off Trade exit information labels. Can be turned on and off NOTE: Trade drawings will only be applicable when using overlay strategies Alerting: Alerts on LONG and SHORT trade entries Debugging: Includes section with useful debugging techniques Strategy conditions Trade entry: LONG C1: Coral Trend is bullish C2: At least 1 candle where low is above Coral Trend since last cross above Coral Trend C3: Pullback happens and price closes below Coral Trend C4: Coral Trend colour remains bullish for duration of pullback C5: After valid pullback, price then closes above Coral Trend C6: Optional confirmation indicators (choose either C6.1 or C6.2 or NONE): C6.1: ADX and DI (Single indicator) C6.1.1: Green line is above red line C6.1.2: Blue line > 20 C6.1.3: Blue trending up over last 1 candle C6.2: Absolute Strengeh Histogram + HawkEye Volume Indicator (Two indicators combined) C6.2.1: Absolute Strengeh Histogram colour is blue C6.2.2: HawkEye Volume Indicator colour is green SHORT C1: Coral Trend is bearish C2: At least 1 candle where high is below Coral Trend since last cross below Coral Trend C3: Pullback happens and price closes above Coral Trend C4: Coral Trend colour remains bearish for duration of pullback C5: After valid pullback, price then closes below Coral Trend C6: Optional confirmation indicators (choose either C6.1 or C6.2 or NONE): C6.1: ADX and DI (Single indicator) C6.1.1: Red line is above green line C6.1.2: Blue line > 20 C6.1.3: Blue trending up over last 1 candle C6.2: Absolute Strengeh Histogram + HawkEye Volume Indicator (Two indicators combined) C6.2.1: Absolute Strengeh Histogram colour is red C6.2.2: HawkEye Volume Indicator colour is red NOTE: All the optional confirmation indicators cannot be overlayed with Coral Trend so feel free to add each separately to the chart for visual purposes Trade exit: Stop Loss: Calculated by recent swing low over previous X candles (configurable with "Local High/Low Lookback") Take Profit: Calculated from R:R multiplier * Stop Loss size Credits Strategy origin: TradeIQ's YouTube video called "I Finally Found 80% Win Rate Trading Strategy For Crypto" It combines the following indicators for trade entry conditions: Coral Trend Indicator by @LazyBear (Main indicator) Absolute Strength Histogram | jh by @jiehonglim (Optional confirmation indicator) Indicator: HawkEye Volume Indicator by @LazyBear (Optional confirmation indicator) ADX and DI by @BeikabuOyaji (Optional confirmation indicator)
Pine Script® strategy
by kevinmck100
16
SUPPORT RESISTANCE STRATEGY [5MIN TF]A SUPPORT RESISTANCE BREAKOUT STRATEGY for 5 minute Time-Frame , that has the time condition for Indian Markets The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more. The commission is also included in the strategy . The basic idea is when , 1) Price crosses above Resistance Level ,indicated by Red Line, is a Long condition. 2) Price crosses below Support Level ,indicated by Green Line , is a Short condition. 3) Candle high crosses above ema1, is a part of the Long condition . 4) Candle low crosses below ema1, is a part of the Short condition . 5) Volume Threshold is an added confirmation for long/short positions. 6) Maximum Risk per trade for the intraday trade can be changed . 7) Default qty size is set to 50 contracts , which can be changed under settings → properties → order size. 8) ATR is used for trailing after entry, as mentioned in the inputs below. // ═════════════════════════// // ————————> INPUTS <————————— // // ═════════════════════════// → L_Bars ———————————> Length of Resistance / Support Levels. → R_Bars ———————————> Length of Resistance / Support Levels. → Volume Break ———————> Volume Breakout from range to confirm Long/Short position. → Price Cross Ema —————> Added condition as explained above (3) and (4). → ATR LONG —————————> ATR stoploss trail for Long positions. → ATR SHORT ————————> ATR stoploss trail for Short positions. → RISK ————————————> Maximum Risk per trade intraday. The strategy was back-tested on TCS ,the input values and the results are mentioned under "BACKTEST RESULTS" below. // ═════════════════════════ // // ————————> PROPERTIES<——————— // // ═════════════════════════ // Default_qty_size ————> 50 contracts , which can be changed under Settings ↓ Properties ↓ Order size // ═══════════════════════════════// // ————————> TIME CONDITION <————————— // // ═══════════════════════════════// The time can be changed in the script , Add it → click on ' { } ' → Pine editor→ making it a copy [right top corner} → Edit the line 27. The Indian Markets open at 9:15am and closes at 3:30pm. The 'time_cond' specifies the time at which Entries should happen . "Close All" function closes all the trades at 3pm , at the open of the next candle. To change the time to close all trades , Go to Pine Editor → Edit the line 92 . All open trades get closed at 3pm , because some brokers don't allow you to place fresh intraday orders after 3pm . // ═══════════════════════════════════════════════ // // ————————> BACKTEST RESULTS ( 100 CLOSED TRADES )<————————— // // ═══════════════════════════════════════════════ // INPUTS can be changed for better Back-Test results. The strategy applied to NSE:TCS ( 5 min Time-Frame and contract size 50) gives us 60% profitability , as shown below It was tested for a period a 6 months with a Profit Factor of 1.8 ,net Profit of 30,000 Rs profit . Sharpe Ratio : 0.49 Sortino Ratio : 1.4 The graph has a Linear Curve with Consistent Profits. The INPUTS are as follows, 1) L_Bars —————————> 4 2) R_Bars —————————> 4 3) Volume Break ————> 5 4) Price Cross Ema ——> 100 5) ATR LONG ——————> 2.4 6) ATR SHORT —————> 2.6 7) RISK —————————> 2000 8) Default qty size ——> 50 NSE:TCS Save it to favorites. Apply it to your charts Now !! Thank You ☺ NSE:TCS
Pine Script® strategy
by The_Algo_Engineer
1
PIVOT STRATEGY [INDIAN MARKET TIMING] A Back-tested Profitable Strategy for Free!! A PIVOT INTRADAY STRATEGY for 5 minute Time-Frame , that also explains the time condition for Indian Markets The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more. The commission is also included in the strategy . The basic idea is when , 1) Price crosses above ema1 ,indicated by pivot highest line in green color . 2) Price crosses below ema1 ,indicated by pivot lowest line in red color . 3) Candle high crosses above pivot highest , is the Long condition . 4) Candle low crosses below pivot lowest , is the Short condition . 5) Maximum Risk per trade for the intraday trade can be changed . 6) Default_qty_size is set to 60 contracts , which can be changed under settings → properties → order size . 7) ATR is used for trailing after entry, as mentioned in the inputs below. // ═════════════════════════// // ————————> INPUTS <————————— // // ═════════════════════════// Leftbars —————> Length of pivot highs and lows Rightbars —————> Length of pivot highs and lows Price Cross Ema —————> Added condition ATR LONG —————> ATR stoploss trail for Long positions ATR SHORT —————> ATR stoploss trail for Short positions RISK —————> Maximum Risk per trade for the day The strategy was back-tested on RELIANCE ,the input values and the results are mentioned under "BACKTEST RESULTS" below . // ═════════════════════════ // // ————————> PROPERTIES<——————— // // ═════════════════════════ // Default_qty_size ————> 60 contracts , which can be changed under settings ↓ properties ↓ order size // ═══════════════════════════════// // ————————> TIME CONDITION <————————— // // ═══════════════════════════════// The time can be changed in the script , Add it → click on ' { } ' → Pine editor→ making it a copy [right top corner} → Edit the line 25 . The Indian Markets open at 9:15am and closes at 3:30pm . The 'time_cond' specifies the time at which Entries should happen . "Close All" function closes all the trades at 3pm, at the open of the next candle. To change the time to close all trades , Go to Pine Editor → Edit the line 103 . All open trades get closed at 3pm , because some brokers don't allow you to place fresh intraday orders after 3pm . NSE:RELIANCE // ═══════════════════════════════════════════════ // // ————————> BACKTEST RESULTS ( 128 CLOSED TRADES )<————————— // // ═══════════════════════════════════════════════ // INPUTS can be changed for better back-test results. The strategy applied to NIFTY ( 5 min Time-Frame and contract size 60 ) gives us 60% profitability y , as shown below It was tested for a period a 6 months with a Profit Factor of 1.45 ,net Profit of 21,500Rs profit . Sharpe Ratio : 0.311 Sortino Ratio : 0.727 The graph has a Linear Curve with consistent profits . The INPUTS are as follows, 1) Leftbars ————————> 3 2) Rightbars ————————> 5 3) Price Cross Ema ——————> 150 4) ATR LONG ————————> 2.7 5) ATR SHORT ———————> 2.9 6) RISK —————————> 2500 7) Default qty size ——————> 60 NSE:RELIANCE Save it to favorites. Apply it to your charts Now !! ↓ FOLLOW US FOR MORE ! Thank me later ;)
Pine Script® strategy
by The_Algo_Engineer
VWAP Push StrategyThis strategy is unfortunately not finished yet. A pretty simple strategy. If price broke through VWAP and had three consecutive candles following the breakthroughs trend, the high of the third candle will be drawn. If this happened after a crossover of the vwap and price breaks through the high of the third candle, strategy will go long. Short will be the same after crossing under the vwap. A long or short will be closed after crossing the vwap in the opposite direction, so the vwap is kind of a trailing stop. Unfortunately, I could not manage to stop the script from entering multiple times into one drawn high or low. Of course, if a high was crossed the script should wait for a new formed high before entering a new long. If someone would find a solution to this, it would be great, because I think it is a nice strategy . Should work great scalping 5min charts (when scripting, I used the SPX for reference).
Pine Script® strategy
by christopher451
Bot fib/pivot Hello, friends! This strategy is based on the fibonacci level you choose in the setup and possible pivot points under the control of Williams’ Percent Range. Williams' Percent Range is a dynamic indicator that detects overbought/oversold conditions. When the possible reversal points coincide with the fibonacci level, and the high or low points according to Williams also coincide, then an entry occurs. One of the oldest and most reliable trading tools are widely used support and resistance levels. In this strategy, we are trying to find these reversal levels based on fibonacci. //LOGIC ENTRY SETTINGS Deviation-deviation from the pivot point, the lower this figure, the more entries. The yellow lines on the chart are pivot points. Fibonacci lvl-fibonacci level, from which the entry will occur, provided that other conditions match Highest lookback-The setting, which refers to Williams' Percent Range , looks at how many candles ago, was high or low. The smaller the number, the larger, but less accurate inputs. //AMOUNT(USDT) FIRST ORDER AND > % NEXT -Martingale first order (the amount of the entrance to the usdt) / next order (Increase of each subsequent order as a percentage) //EXIT SETTINGS (%, RSI) -Use RSI for close position? (the position will not be closed if it is in the red, even if the RSI conditions worked) -Use % for exit? Exit immediately upon reaching the specified percentage -Use trailing? When the checkbox is checked, the position will be exited by trailing. Activation trail,after?- When the specified percentage is reached, trailing is activated! Stop_trail,%- if the last candle falls from the high (after the trailing is activated), the position will be exited. For example: We entered the purchase at 100 per asset, activation costs 10, and stop is 2. the price reached 110, there was an activation, after that it went up to 120, and from the high of the last candle, a 2% drop occurs and the trade is exited. PS:The default value is 1%, what does this give us? if there is a sharp increase, then we take away all the movement Use only long? Allow long?- Only long trades will be displayed Allow short? Only short trades will be displayed Allo reverse? Upon receipt of a return signal, the opposite position will be closed. //MARTINGALE GRID If there is a check mark in the line "Use martingale and grid?" then the grid will be active If there is a check mark in the "Limit each next entry,%?" then, even if the entry from the bot logic is triggered, and the price does not fall by the specified percentage, then there will be no entry! If there is a check mark in the "Grid,%" column, then purchases with martingale support will be added with a decrease by the specified percentage! PS: "Grid" always starts anew, as the input from logic triggered! //FILTER SETTINGS 1) Use filter oscillator? (The filter uses 7 averaged oscillators) Period-the period for which you will be billing Upper line-Short entry border. (if 40, then there will be no entry until it reaches) Lower line-Long entry border. (20 until below 20 no entry) 2)Use filter range? Filter type-moving average selection Bars back-offset speed based on number of last bars Period-period to calculate 3)Use filter supertrend? Supertrend filter with multitimeframe // How do filters work 2 and 3? Filters can work either one by one or together. A trade is entered when conditions from the logic and filters in the red zone are triggered, when there are no entries in the green zone. //DATA RANGE: -Testing results for any period of time //PIRAMIDING -Also in the settings there is a pyramid of order, keep this in mind. Make a deal for a small part of the deposit, and not for all the money at once! PS: to use martingale, you need to write in the hook messages: "amount": "{{strategy.order.contracts}}" (purchases will be in the amount of coins equivalent to USDT) The default settings for TF are 1 minute, 10 inputs. You can choose your settings for any TF, but look at different coins to make sure you have good statistics
Pine Script® strategy
by graal_tut
15
Ichimoku Cloud [Trading Nerd]Backtesting Script that compares different way to trade the Ichimoku Cloud. With this script you can test 2*2 different Ichimoku Cloud Entry conditions, more on that down below. This script is useful to figure out what conditions work best for the applied market (so not only parameters of the Ichimoku Cloud are changeable). Strategy foundation This conditions need to be always satisfied for a valid entry: Longs: The close price must be above the (displaced) cloud: close > max(leadingspanA , leadingspanB ) The most recent cloud must be green: leadingspanA > leadingspanB Shorts: The close price must be below the (displaced) cloud: close < min(leadingspanA , leadingspanB ) The most recent cloud must be red: leadingspanA < leadingspanB Options for Conversion-/Base Line Cross: Conversion-Line cross-over Base-Line (Long), Conversion Line cross-under Base-Line (Short) Over/Und er: Conversion-Line > Base-Line (Long), Conversion-Line < Base-Line (Short) Options for Lagging Span Above/Below Price: Lagging-Span > Close Price (Long), Lagging-Span < Close Price (Short) Above/Below Cloud: Lagging-Span > Ichimoku Cloud (Long), Lagging-Span < Ichimoku Cloud (Short) Exit Conditions An optional Stoploss is available. 2 different Types: ATR: Takes a multiple (set by 'ATR multiplier for SL') of the ATR and subtract it (Long) or adds it (Short) to the close price of the previous candel (before entry candle) HH/LL: Takes the highest high/lowest low of the last X candles (set by 'Lookback Range for HH/LL SL') and sets a SL at this price none: There is no SL. The position is at latest exited at the next cross of the Conversion-Line and Base-Line! Longs: Conversion-Line cross-under Base-Line. Shorts: Conversion-Line cross-over Base-Line. The position is closed if the cross is confirmed (candle has closed). Risk Management You can set the risk percent per trade: Risk only X% of current capital (initial capital + net Profit). This requires a Stoploss-Strategy (not none). IMPORTANT: For low Timeframes and Markets with tight SL (like Forex) it requires a lower Margin Percent than default. Go to Settings->Properties and lower the required Long/Short Margin. Otherwise Trades might not be considered because of too less capital/marign. Margins can e.g. set to: 2% (Forex), 10% (Stocks), 20% (Crypto).
Pine Script® strategy
by Trading_Nerd
3
Titan EMA Averaging Strategy - (DYOR) By MrCryptoTitan EMA Averaging Strategy (VIP Only) Enable Longs or Shorts only Works With Crypto + Forex with correct back tested settings This is not set and forget. This requires you to back test and have relevant Risk Management in place. The Strategy: The script uses 3EMA with engulfing candle to enter a trade in either short or long direction. You will need to test the settings and adjust them so there isn't too many - re-entries and make sure you take profit big enough to not trigger on same candle. When setting alerts you can use once per bar however this may trigger multiple alerts if the candle is moving very fast so this is not recommended. So doing once per bar close will mean entry is confirmed as bar is closed. You will need to select this in drop down menu. - Max Trade Limit. - All in one Alert. - Basically add syntax for example- Long/Take Profit/Re-entry/Emergency Stop. Then add one alert and select "Alert() function calls Only" Change Alert name to custom. That's it. -Built-in Strategy tester. - Trade Filter - Multi-MA Filters. - MA", "EMA", "WMA", "HullMA", "VWMA", "RMA", "DEMA", "TEMA", VWAP - ADX Filter based on Level. Please note when running this strategy you can only trade longs only or shorts only for this setup to be potentially profitable. Also note that setting unrealistic profit targets will make a loss. So it is very important to back test everything. This Script does not use any Security functions. All indicators which are used part of the strategy are obtained from Trading View indicator Library and have source code has been changed to make this into Strategy. Please Do Your Own Research before using this. Anymore information please DM me directly
Pine Script® strategy
by MrCrypto_
25
Simple scalping strategy for SOLThis is a simple scalping strategy for trading SOL made on top of the Rebalance Oscillator and the Rebalance Bear/Bull market indicators. It is intended mostly as proof that these two indicators have their benefits even in simpler strategies. This strategy in particular works well for the Bear months (check Nov. in the data window) but considerably underperforms Buy&Hold for the Bull months. It tries to do a market operation per candle whenever the candle happens in a buy/sell trading window of the Rebalance Bear/Bull indicator (). It always buys/sells the same amount by default (you can set it in the cog menu in the option "Base Crypto Amount To Trade"), for SOL this is set to 1.0SOL. This is my first attempt at scalping, it differs slightly from the standards because it does not require fast response candles or immediate market operations (it can work well with limit trading) and on top of this it also does not require a stop loss since it uses an indicator that provides the trading windows (surprises can still happen though). The profit that this strategy tries to take for each buy/sell pair is not configurable and is set at 12% each way when it happens.
Pine Script® strategy
by hugodanielcom
4
Linear Regression Channel Breakout StrategyThis strategy is based on LonesomeTheBlue's Linear Regression Channel Indicator. First of all, I would like to thank LonesomeTheBlue. Breaking the Linear Regression Channel to close the candle triggers a Long or Short signal. If the slope of the Linear Regression Channel is positive, it is Short when it breaks out the lower line, and when the slope is negative, it is Long when it breaks out the upper line. The default is optimized for 8-hour candles, and for other hour candles, find the optimal value yourself. Below is a description of LonesomeTheBlue's Linear Regression Channel. 이 전략은 LonesomeTheBlue의 Linear Regression Channel Indicator를 기반으로 만들어졌습니다. 우선 LonesomeTheBlue님께 감사의 말씀을 드립니다. Linear Regression Channel을 돌파하여 봉 마감하면 Long 또는 Short 신호를 트리거합니다. Linear Regression Channel의 기울기가 양인 경우 하단 라인을 돌파하면 Short이고 그 기울기가 음인 경우 상단 라인을 돌파하면 Long입니다. 기본값은 8시간봉에 최적화 되어 있으며, 다른 시간봉은 직접 최적값을 찾아보십시오. 아래는 LonesomeTheBlue의 Linear Regression Channel에 대한 설명을 퍼왔습니다. ________________________________________________ There are several nice Linear Regression Channel scripts in the Public Library. and I tried to make one with some extra features too. This one can check if the Price breaks the channel and it shows where is was broken. Also it checks the momentum of the channel and shows it's increasing/decreasing/equal in a label, shape of the label also changes. The line colors change according to direction. using the options, you can; - Set the Source (Close, HL2 etc) - Set the Channel length - Set Deviation - Change Up/Down Line colors - Show/hide broken channels - Change line width meaning of arrows: ⇑ : Uptrend and moment incresing ⇗ : Uptrend and moment decreasing ⇓ : Downtrend and moment incresing ⇘ : Downtrend and moment decreasing ⇒ : No trend
Pine Script® strategy
by chanu_lev10k
14
RSI+CMO Hybrid StrategyThis strategy is based on the RSI+CMO Hybrid Index I created. I modified both the original RSI and CMO so that the RSI+CMO Index value ranges from -100 to +100 and defined as follows. When the RSI+CMO Hybrid Index values close above the Bull Level and below the Bear Level, the strategy will trigger long and short signals respectively. This newly defined hybrid RSI+CMO indicator showed better win rates and better profits than the original CMO strategy. The default setting for this strategy is optimized for an 8-hour candle. For candles at different times, try to find the optimal value yourself. * I was going to open the script, but recently there was a case of stealing my script and publishing it without permission, so I decided not to disclose it. ▶ Modified RSI = Original RSI - 50 Therefore, Original RSI (0 ~ 100) → Modified RSI (-50 ~ +50) ▶ Modified CMO = Original CMO * 0.5 Therefore, Original CMO (-100 ~ +100) → Modified CMO (-50 ~ +50) ▶ RSI+CMO Hybrid Index = Modified RSI + Modified CMO Therefore, RSI+CMO Hybrid Index (-100 ~ +100) ________________________________________________________ 이 전략은 기존의 RSI와 CMO 지표를 수정하여 새롭게 정의한 하이브리드 RSI+CMO 지표를 기반으로 만들어졌습니다. 지표 값의 범위가 -100에서 100의 범위를 가질 수 있도록 기존의 RSI와 CMO를 수정하여 만들었습니다. RSI+CMO Hybrid Index 값이 Bull Level 이상과 Bear Level 아래에서 봉마감을 하면 이 전략은 각각 롱과 숏 신호를 트리거합니다. 이렇게 새롭게 정의된 RSI+CMO 지표는 기존 CMO 전략 대비 승률과 수익이 더 우수합니다. 이 전략의 세팅 기본값은 8시간봉에 최적화 되어있습니다. 다른 시간대 봉에서는 최적값을 직접 찾아보십시오. 그리고 이전략은 RSI+CMO Hybrid Index와 함께 사용하면 Long과 Short 신호를 예측할 수 있어 편리합니다. * 최근에 제 스크립트를 도용/표절하여 무단으로 퍼블리쉬한 사례가 발생하여 더 이상 스크립트는 공개하지 않기로 하였습니다.
Pine Script® strategy
by chanu_lev10k
1