Autonomouscript

11 de mar. de 2020

Hello friends, in this script, hand drawing and loyalty to terminals are minimized.

***FEATURES


1 - Rational Auto Support and Resistance Levels

NOTE : For 1W TF , you can take 0.000 - 1.000 for 1 area , i didn't find to necessary to autoplot this condition because of between levels are so large and for long term.

• Multi time-frame
  

• In small time frames, unreasonable support eliminates resistance levels.
  

• Suitable for every pair.
  

• If the prices change by region, automatic drawing is made in the new region and given to the screen.
  

• Automatic Plotting Feature
  

• Rational Levels
  

2 - Auto Risk/Reward Ratio Calculator

• 
  Calculations are made according to support and resistance in less than 4 hours TF.
  The opposite is true for Short.
  2 methods in 4 hours and larger time frames and two zones specified:
  1. Price < 0.618 Level :
  Long Position Calculation : From Current Support to 0.618 Level
  Short Position Calculation: From Current Resistance to 0.000 Level
  
  2. Price > 0.618 Level
  Long Position Calculation :Support and 1.000 Level .
  Short Position Calculation : Resistance and 0.000 Level
  

Risk/Reward Ratio Calculation Examples (TF = Timeframe) :

1 - TF < 4H and Long - Short Risk/Reward Ratio Calculation :

For Long Position :


For Short Position :


2 - TF > 4H and Long-Short Risk/Reward Ratio Calculation :

For Long Position :

For Short Position :

NOTE :

Some algorithms have been added to make this formulation accurate and safe.
Therefore, Stop-Loss can be flexed slightly under the support or on the resistance in short position.
The target does not change.
Staying on the safe side calculates the risk / reward ratio for the worst possible odds.


*** Since stop-loss levels are chosen close to support and resistance and determine financial leverage, there is absolutely no need for stop-loss, the investor can determine himself according to the risk / reward ratio.
Generally, the support is slightly lower for long and the resistance slightly reasonable for short.


3 - Moving Averages and Cloud

a-) Slow Moving Average (Fuchsia)

Uses Autonomous LSTM moving average for external timeframes of 1W, Relativity moving average for timeframes 1W and above.

NOTE : They are built on price instead of Stochastic Money Flow Index.
And because they are price based
The High-Low Selection Algorithm has been removed.
For more information :
Autonomous LSTM =>

Relativity =>

b-) Signal Moving Average (Blue)

I just added this average after long tests.
It was created based on the relative states of the Relativity and Autonomous LSTM and candle states.
It is very fast and adaptive but, you should definitely use the risk / reward ratio if you are going to trade just by looking at it.

c_) Cloud :



It is the region between fast and slow moving average.
Cloud Color : Red for : crossunder(price , signal ma) and Green for : crossover(price,signal ma)


d-) Plotarrows :
Plotted after crossover and crossunder closings to inform the intersection of the two adaptive moving averages.

e*) Triangle Shapes :

They only reports when the moving average of the signal is long and short. And cloud color is same but without risk/reward radio rule.Rules :

Blue : Long Condition with Long Risk/Reward Ratio < 2.5
Orange : Short Condition with Short Risk/Reward Ratio < 2.5
Green : Long Condition with Long Risk/Reward Ratio >= 2.5
Red : Short Condition with Short Risk/Reward Ratio >= 2.5

4 - INFOPANEL - Trader Panel


- Calculation results of Risk / Reward Ratios for each bar for Long and Short Position
- Current Support and Resistance Levels
- Percentage change of the price moving average (period = signal period) only in the signal period
* Percentage change of the volume moving average (period = signal period) only in the signal period
* Supply and Demand Bias :
They are given separately for both long and short (Bull - Bear).
It is the reflection of the quantum formulas that form the core of relativity.
Nevertheless, the signal moving averages data price and volume are also above in InfoPanel.

Important Note : Two starred rules are given to investors and traders to choose between the following facts :

Increasing Volume __ Increasing Price = > Healthy Bear Session
Increasing Price __ Increasing Volume = > Healthy Bull Session
Decreasing Volume __ Increasing Price = > Bulls are weakening
Decreasing Volume __ Decreasing Price = > Bears are weakening


*** SUMMARY AND USAGE :





NOTES


It's definitely not just for signals,
all data in the system
evaluating according to the current economic agenda,
carry out your trade like that.

You can zoom in using the zoom in zoom out feature (+) of Tradingview, especially in small timeframes.

And according to the signal average of the price, cloud coloring was made in green and red.
Because in some cases, infopanel can intervene and block small triangles.

Alerts :

There is no need for any precise alert.
In case of need, users can set alarms at support and resistance levels.


NOTE :

In the design and basic cases of support and resistance levels,inspired by borserman's this script:

Special thanks to him.

Last Note and Reminder

This script may will be updated in terms of design and simplification if deemed necessary.

Best regards.

11 de mar. de 2020

Notas de Lançamento

Sorry for typo on Price Volume Relationship . Very briefly :

Price ++ Volume ++ Bullish
Price ++ Volume -- Bulls are weakening
Price -- Volume ++ Bearish
Price -- Volume -- Bears are weakening

That's it !

20 de mar. de 2020

Notas de Lançamento

*** NOTIFICATION ***

Last Update and Last Features :

FEATURES :

- Rational Auto - Support and Resistance Levels 0 - 1.000
- Supply and Demand Profile (Supply and Demand taken into account instead of Volume)
- Turtle Trading System (Modified Version with Relativity and Autonomous LSTM Periods)
- Auto Risk/Reward Calculation and Risk/Reward InfoPanel
- Buy , Sell and Short Signals.

RULES :

• Green Plotarrow = Buy
  

• Purple Plotarrow = Sell (Not Short)
  

• Red Plotarrow = Short
  

TIMEFRAME RULES

• First of all this script is Multi-Timeframe script. (MTF) BUT :
  

• The Turtle strategy takes advantage of 1-day sticks. (TF = 1D)
  

• So the most efficient time frames:>= 4H ( 4H , 1D , 1W) Most efficient = 1D

• Although it is used in all time periods, reduce your position size in small time periods according to your risk.

POSITION SIZE RULES ( TF >= 4H) :

• Long and Short Signals Position Size = % 1 (Standard Position Size)
  

• Long and Short Signals with the help of Economic Basis (Agenda) and Helpful Tools on this Script Position Size = % 2
  

• Without Long and Short Signals and with Economic Basis (Agenda) and Helpful Tools on this Script Position Size = % 0.5
  

STOP-LOSS Rules

• Support and Resistance Levels OR
  

• Turtle Moving Average Levels
  

NOTE :
If necessary, design and structural improvements will be made.
Best regards.

NOTE 2 :

This script (eugene71) helps me a lot . Special thanks for that.
More information about Turtle Trading :

investopedia.com/articles/trading/08/turtle-trading.asp

Best regards.

20 de mar. de 2020

Notas de Lançamento

Last signal rules :

Green = Buy
Lime = Buy Long Term (Slow Period)

Red = Short
Dark Red = Short Long Term (Slow Period)

Alerts added.

The same rules apply.