INVITE-ONLY SCRIPT
Atualizado Cyatophilum Bands Definitive Edition
█ OVERVIEW
A Swing Trade indicator providing backtest and alerts which can be used as a long, short or reversal strategy.
Its main goal is to catch breakouts and huge moves, and to try and beat the Buy & Hold Return.
█ CONCEPTS
The strategy consists of a unique custom indicator that works like this:
A Smoothed Donchian Channel combined with a consolidation check will trigger an entry.
The entry is then guided by a faster channel used as a trailing stop.
█ HOW TO USE
The most effective way to use this indicator is on high timeframes, from 2H to 1D.
The recommended pairs are trending pairs with consolidation areas. Yes, I'm especially looking at crypto.
The first appproach would be to catch long and short breakouts, and ride the trend using the trailing stop.
Adjust the Bands wisely to trigger entries at the right time.
The second approach is to go longs only, and try to beat the Buy & Hold return.
For this, click "Go long" and use an order size of 100% equity. Then adjust the Bands, trailing stop and chart timeframe.
The Buy & Hold comparator will come handy when backtesting.
█ INDICATOR SETTINGS
Strategy Direction
Choose wether to go long only, short only or both directions.
Bands Configuration
The bands lookback, smoothing and consolidation % are used to change the behavior of the bands. More info in the settings tooltips.
Trailing Stop
The "speed" of the trailing stop can be configured, allowing more or less room for the price to move before exiting.
Volume Condition
In addition to the consolidation condition, you can add a volume check to your entry. Is the volume rising or not? Useful in most scenarios.
Exit Alert Type
If you want to receive alerts during bars or prefer to ignore wicks.
Backtest Settings
This is where you choose the backtest period which is also used to calculate the B&H return.
Graphics
The configuration panel with all the indicator settings backtest info.
The buy & Hold Comparator is an additional panel that turns green when the strategy's return is greater than the Buy & Hold return.
Note: The Strategy Return is the strategy netprofit + the strategy openprofit.
█ ALERTS
Configure your alert messages for all events in the indicator settings.
Then click "Add Alert". In the popup window, select the option "alert() function calls only", give the alert a name and you are good to go!
█ BACKTEST RESULTS
The backtest settings used in this snapshot are the following:
The Indicator settings used for this are shown in the main chart above.
A Swing Trade indicator providing backtest and alerts which can be used as a long, short or reversal strategy.
Its main goal is to catch breakouts and huge moves, and to try and beat the Buy & Hold Return.
█ CONCEPTS
The strategy consists of a unique custom indicator that works like this:
A Smoothed Donchian Channel combined with a consolidation check will trigger an entry.
The entry is then guided by a faster channel used as a trailing stop.
█ HOW TO USE
The most effective way to use this indicator is on high timeframes, from 2H to 1D.
The recommended pairs are trending pairs with consolidation areas. Yes, I'm especially looking at crypto.
The first appproach would be to catch long and short breakouts, and ride the trend using the trailing stop.
Adjust the Bands wisely to trigger entries at the right time.
The second approach is to go longs only, and try to beat the Buy & Hold return.
For this, click "Go long" and use an order size of 100% equity. Then adjust the Bands, trailing stop and chart timeframe.
The Buy & Hold comparator will come handy when backtesting.
█ INDICATOR SETTINGS
Strategy Direction
Choose wether to go long only, short only or both directions.
Bands Configuration
The bands lookback, smoothing and consolidation % are used to change the behavior of the bands. More info in the settings tooltips.
Trailing Stop
The "speed" of the trailing stop can be configured, allowing more or less room for the price to move before exiting.
Volume Condition
In addition to the consolidation condition, you can add a volume check to your entry. Is the volume rising or not? Useful in most scenarios.
Exit Alert Type
If you want to receive alerts during bars or prefer to ignore wicks.
Backtest Settings
This is where you choose the backtest period which is also used to calculate the B&H return.
Graphics
The configuration panel with all the indicator settings backtest info.
The buy & Hold Comparator is an additional panel that turns green when the strategy's return is greater than the Buy & Hold return.
Note: The Strategy Return is the strategy netprofit + the strategy openprofit.
█ ALERTS
Configure your alert messages for all events in the indicator settings.
Then click "Add Alert". In the popup window, select the option "alert() function calls only", give the alert a name and you are good to go!
█ BACKTEST RESULTS
The backtest settings used in this snapshot are the following:
- Initial Capital: 10 000$
- Order size: 100% equity (It indeed compounds and this is intended since the main goal of the strategy is to compare to Buy & Hold return)
- Commission: 0.1%
- Slippage : 10 ticks
The Indicator settings used for this are shown in the main chart above.
Notas de Lançamento
Added new Backtest Results panelYou can disable it by going in the style tab -> tables, or by clicking the indicator setting "Backtest Results Table".
You can also change its size if you want to make it bigger or smaller.
It replaces the Buy & Hold Comparator
Notas de Lançamento
fix backtest closing orders with calc on every tick Notas de Lançamento
Added a take profit feature with trailing TP and 2nd take profit target.When TP is hit, the strategy will re-enter on the next consolidation + breakout signal.
Notas de Lançamento
Added alerts for TP 1 & TP 2Notas de Lançamento
When the exit alert type is set to "once per bar", the backtest now properly exits inside bar, at the exact price of the trailing stop and at the same time as the alert, using a stop order.Notas de Lançamento
Added a Trailing Stop Loss feature, indeed some losses could be prevented in case of reversal.Notas de Lançamento
Small visual bug fix (when using once per bar exit type sometimes the trailing line was off)Notas de Lançamento
Added an option to switch from Donchian Channels to Bollinger Bands + another option to filter stronger breakouts based on Keltner channels.Notas de Lançamento
Updated Alert text inputs. Now allows line returns!Notas de Lançamento
Never miss a single breakout with the new 'Keltner' Band option!Added Bands settings: Multiplicator and Offset
Notas de Lançamento
Updated config panelNotas de Lançamento
Added tooltipRemoved multiplicator for DC channel
Fix some visual bug with Take Profit line continuing when SL was hit
Added custom order size setting
Notas de Lançamento
Added alert placeholdersAll alerts:
{price} will return the close price
{ticker} symbol name without exchange prefix
{tickerid} symbol name with exchange prefix
Buy & Sell alert:
{TP}, {TP2}, {SL} will return the TP & SL prices
Notas de Lançamento
Added EMA Trendline as filterNotas de Lançamento
- Inputs (quality of life)
- New ATR trailing stop option
- Backtest Table new design and options (colors, position)
- Added Alerts placeholders
- Plots (gradients, yay!)
Notas de Lançamento
bugfixes (backtest table, limit take profit)- Added a take profit option to NOT take profit when the global trend is in our direction
- The strategy will no longer enter a trade immediately after take profit is hit
Notas de Lançamento
New inputs: - Bands Timeframe: Make the Bands higher timeframe and go trade on lower timeframes without changing bands settings!
- Bands Source: Choose between 'Donchian', 'SMA' or 'EMA' to create your bands. Note that SMA and EMA are meant to be used with the new ATR and STDEV inputs but can work on their own!
- Add Standard Deviation to the Bands: This input replaces the previous 'Bollinger Bands' input, and allows more customisation.
- Add Average True Range to the Bands: This input replaces the previous 'Keltner Channels' input, and allows more customisation. Can be combined with the previous inputs!
Bug fixes:
Only graphical fixes within the backtest panel: open profit % is now correct!
New plot: Take Profit EMA used for Trend condition (option released in a previous update)
Notas de Lançamento
Bugfixes: Backtest settings period input for trades.Notas de Lançamento
Added the option "Entry alert type"Notas de Lançamento
Updated Trailing Stop line, reduces drawdown and trails the price better!Notas de Lançamento
Added new features:Strategy Direction
- reverse order option
Bands Settings
- Range Filter
Prevents fakeouts from previously touched support/resistance (recommended)
- Trend Filter
Creates a MTF pivot to filter trades (recommended)
Stop Loss
- Mode 'Auto', '%', 'pips', 'ATR'.
- Trailing Stop Loss Mode 'Classic', 'ATR', MTF.
Take Profit
- Mode '%', 'pips', 'Auto'.
Alerts
- Take Profit, Exit and Stop loss alerts are all grouped into a single 'EXIT' alert for easier setup.
Notas de Lançamento
Fix of the reverse orders featureNotas de Lançamento
Backtest Panel: added ATH buy and hold, which is the maximum return a holder can get if he sold at ATH. Useful to compare with your strategy returns, because the buy and hold captured at the end of a bear market is easier to beat.Added ATR settings for the trailing stop.
Notas de Lançamento
Fix "once per bar" bands exit conditionNotas de Lançamento
The faster exit band is improved to better adapt to the type of bands used, (donchian, true range, standard deviation..)Added ATR settings for stop loss start price
Notas de Lançamento
Added alert messages for Long & Short TP / SL, in case the unique exit alert wasn't enough.Notas de Lançamento
Bug fixesNotas de Lançamento
Fixes: - "long/short sl alert type" input
- "exit alert (faster band)" replaces "exit all" alert
Notas de Lançamento
Added MTF Trend Filters:'EXTERNAL', 'Tilson T3', 'Adaptive Tilson T3', 'EMA', 'SMA', 'WMA', 'HULL MA', 'Adaptive HULL MA', 'KAMA', 'ALMA', 'RMA', 'SWMA', 'VWMA','SMMA','VIDYA','FRAMA','DEMA'.
Added NASDAQ/BTC.D Filters.
- Add a filter for long: do not enter when NASDAQ/BTC.D are falling.
- Add a filter for long: only enter when NASDAQ/BTC.D are rising.
Notas de Lançamento
Added entry options "rebounds/bounce entries on pivot supports"- Pick a higher timeframe (for ex 5 days)
- select which supports to enable (ex S2 to S5)
In contrary to the breakouts, the rebound entry can only happen when price is not consolidated.
The rebound entries are affected by the Nasdaq/BTC.D filter.
These rebounds do not happen often but give great buy opportunity.
Long only (for now)
Notas de Lançamento
- Fixed a repainting issue with the nasdaq/BTC.D filter
- Code optimisation
Notas de Lançamento
- Added a "Fast & Simple" Graphics mode to further reduce loading time and chart graphics
Notas de Lançamento
- Added Alert tutorial label
Notas de Lançamento
Updated Backtest Panel- Increased readability
- Added tooltips
Notas de Lançamento
- Pivot rebounds will now trigger a short exit event when shorts enabled
- Inputs clarification
Notas de Lançamento
- Updated to pine version 6
- Added Trailing Take Profit feature
- Added Correlation Filter (replaces Nasdaq Filter)
The TTP can be anchored to the Take Profit, and/or triggered by custom conditions (see screenshot).
The Correlation Filter is now more customisable (not limited to Nasdaq) and can use 2 symbols.
Notas de Lançamento
Fixes on correlation filterNotas de Lançamento
Fixes and updated default settingsNotas de Lançamento
Added 'WMA' to the "band source" input dropdown menu.Combine the Weighted Moving Average with 2+ Average True Range multiplier to get nice results.
Notas de Lançamento
Trailing Take Profit: Added an input for "alert type", either 'Once per bar close' or 'once per bar'.Notas de Lançamento
Fixed an issue with the stop loss alert when using Trailing Take Profit.Notas de Lançamento
Fixed repainting introduced when converting to pine v6Notas de Lançamento
Bug fixes: repainting when using higher timeframesScript sob convite
Somente usuários autorizados pelos autores tem acesso a esses scripts, e isso normalmente requer pagamento. Você pode adicionar o script aos seus favoritos, mas você será capaz somente para usar ele depois de solicitar permissão e permiti-lo do seu autor — saiba mais aqui. Para mais detalhes, siga as instruções dos autores abaixo ou contate cyatophilum diretamente.
O TradingView NÃO recomenda pagar ou usar um script ao não ser que você confie totalmente no seu autor e compreende como isso funciona. Você pode também encontrar alternativas gratuitas e de código aberto em nossa comunidade de scripts.
Instruções do autor
Get Your Free Trial at https://blockchainfiesta.com/strategy/Cyatophilum-Bands-Definitive-Edition/40/
Aviso: leia nosso guia para scritps somente sob convite antes de solicitar acesso.
🔥Get the Cyatophilum Indicators today and automate them on Binance! => blockchainfiesta.com/strategies/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script sob convite
Somente usuários autorizados pelos autores tem acesso a esses scripts, e isso normalmente requer pagamento. Você pode adicionar o script aos seus favoritos, mas você será capaz somente para usar ele depois de solicitar permissão e permiti-lo do seu autor — saiba mais aqui. Para mais detalhes, siga as instruções dos autores abaixo ou contate cyatophilum diretamente.
O TradingView NÃO recomenda pagar ou usar um script ao não ser que você confie totalmente no seu autor e compreende como isso funciona. Você pode também encontrar alternativas gratuitas e de código aberto em nossa comunidade de scripts.
Instruções do autor
Get Your Free Trial at https://blockchainfiesta.com/strategy/Cyatophilum-Bands-Definitive-Edition/40/
Aviso: leia nosso guia para scritps somente sob convite antes de solicitar acesso.
🔥Get the Cyatophilum Indicators today and automate them on Binance! => blockchainfiesta.com/strategies/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.