Customizable Non-Repainting HTF MACD MFI Scalper Bot StrategyThis script was originally shared by Wunderbit as a free open source script for the community to work with.
WHAT THIS SCRIPT DOES:
It is intended for use on an algorithmic bot trading platform but can be used for scalping and manual trading.
This strategy is based on the trend-following momentum indicator . It includes the Money Flow index as an additional point for entry.
HOW IT DOES IT:
It uses a combination of MACD and MFI indicators to create entry signals. Parameters for each indicator have been surfaced for user configurability.
Take profits are fixed, but stop loss uses ATR configuration to minimize losses and close profitably.
HOW IS MY VERSION ORIGINAL:
I started trying to deploy this script myself in my algorithmic trading but ran into some issues which I have tried to address in this version.
Delayed Signals : The script has been refactored to use a time frame drop down. The higher time frame can be run on a faster chart (recommended on one minute chart for fastest signal confirmation and relay to algotrading platform.)
Repainting Issues : All indicators have been recoded to use the security function that checks to see if the current calculation is in realtime, if it is, then it uses the previous bar for calculation. If you are still experiencing repainting issues based on intended (or non intended use), please provide a report with screenshot and explanation so I can try to address.
Filtering : I have added to additional filters an ABOVE EMA Filter and a BELOW RSI Filter (both can be turned on and off)
Customizable Long and Close Messages : This allows someone to use the script for algorithmic trading without having to alter code. It also means you can use one indicator for all of your different alterts required for your bots.
HOW TO USE IT:
It is intended to be used in the 5-30 minute time frames, but you might be able to get a good configuration for higher time frames. I welcome feedback from other users on what they have found.
Find a pair with high volatility (example KUCOIN:ETH3LUSDT ) - I have found it works particularly well with 3L and 3S tokens for crypto. although it the limitation is that confrigurations I have found to work typically have low R/R ratio, but very high win rate and profit factor.
Ideally set one minute chart for bots, but you can use other charts for manual trading. The signal will be delayed by one bar but I have found configurations that still test well.
Select a time frame in configuration for your indicator calculations.
Select the strategy config for time frame. I like to use 5 and 15 minutes for scalping scenarios, but I am interested in hearing back from other community memebers.
Optimize your indicator without filters (trendFilter and RSI Filter)
Use the TrendFilter and RSI Filter to further refine your signals for entry. You will get less entries but you can increase your win ratio.
I will add screenshots and possibly a video provided that it passes community standards.
Limitations: this works rather well for short term, and does some good forward testing but back testing large data sets is a problem when switching from very small time frame to large time frame. For instance, finding a configuration that works on a one minute chart but then changing to a 1 hour chart means you lose some of your intra bar calclulations. There are some new features in pine script which might be able to address, this, but I have not had a chance to work on that issue.
Pesquisar nos scripts por "momentum"
Best TradingView Strategy - For NASDAQ and DOW30 and other IndexThe script is totally based on momentum , volume and price. We have used :
1: Bollinger Band Squeezes to know when a breakout might happen.
2: Used Moving Averages(SMA and EMA) to know the direction.
3: The success Rate of this strategy is above 75% and if little price action is added it can easily surpass 90% success mark.
4: Do not worry about drawdowns , we have implemented trailing SL ,so you might see a little extra drawdown but in reality its pretty less.
5: I myself have tested this strategy for 41 days with a 250$ account and right now I have 2700$.
SQZ Multiframe StrategyThis is a first attempt to automate what my current strategy when trading is.
It uses 2 timeframes: the one you are currently using to see the chart and an "anchor trend" which is a higher order frame.
Supported timeframes are: 1m, 5m, 15m, 30m, 1H, 4H, 1D, 1W
The Strategy relies on two indicators:
Squeeze Momentum Indicator
CMF
How does it works?
It looks for a moment when the following conditions are met.
For Long:
Positive directionality in SQZM monitor in anchor timeframe
Positive directionality in SQZM monitor in current timeframe
Recent minimum in CMF
For Short:
Negative directionality in SQZM monitor in anchor timeframe
Negative directionality in SQZM monitor in current timeframe
Recent maximum in CMF
After a BUY or SELL order is executed the plot will start showing two lines: A TP line, and a SL line.
The TP and SL move dynamically based on a greedy algorithm based on 3 input parameters.
Min Profit to Start Moving SL (%): Sets an initial target for the trade.
Maximum Possible of SL (%): This is the maximum amount possible for SL. If volatility is not too high, a shorter SL will be chosen based on Kaufman's Stops method
Take profit factor: Is how much portion of the target I am taking as profit once the target is reached
Example for 5% Min profit:
When the first target is reached (+5%), the SL will be updated to 2.5% over the enter price.
When the second target is reached (+10%), the SL will be updated to 5% over the enter price.
Note: The strategy might abandon the position prematurely if a contrary signal is received while the trade is opened, and will change direction.
The Strategy has been backtested mostly for crypto. It might be good for stocks too, but the parameters mentioned might need some adjustments since price moves at a different rate.
Recommended timeframe is 4H for BTC , and 30min/1H for alts.
Comments and ideas are more than welcome!
Fukuiz Octa-EMA + Ichimoku (Strategy)This strategy is based EMA of 8 different period and Ichimoku Cloud which works better in 1hr 4hr and daily time frame.
#A brief introduction to Ichimoku #
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
#A brief introduction to EMA#
An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average ( SMA ), which applies an equal weight to all observations in the period.
#How to use#
The strategy will give entry points itself, you can monitor and take profit manually(recommended), or you can use the exit setup.
EMA (Color) = Bullish trend
EMA (Gray) = Bearish trend
#Condition#
Buy = All Ema (color) above the cloud.
SELL= All Ema turn to gray color.
Dynamic length MA Strategy [Dynamic Signal Lab]Dear TV'ers,
Hereby the strategy for the dynamic moving average crossover, with some flexible taking profit options.
All moving averages have the option to dynamically change lengths and different source options. They include:
* Hull MA
* volume-weighted Hull MA
* Simple MA
* Money Flow Index
* Chande Momentum Oscilator
* Arnaud Legoux MA
* Weighted MA
* Linear regression
What makes this strategy special is the fact that you can dynamically shorten the length of moving average length depending on how much you are in profit. The more you are in profit, the shorter the length of the MA will become.
The current default properties should be modified to make this strategy cost-effective, but typically 30minutes and higher timeframes seem to work well for larger (top10 cap) crypto projects. Dont use this script for small-caps as it will get you rekt.
Additionally, you'll also be able to continuously take profit, making sure you lock in all those sweet profits.
Use this script for doing backtesting and the indicator compagnon to fire your alerts.
Multi Entry Signal Strategy by TradeSmartThis strategy is intended to test different entry signals. You can use 13 different entry signals in the strategy.
Available signals with all their settings:
Heikin Ashi
RSI + EMA
Wavetrend
MACD
Stochastic RSI
Squeeze Momentum
Kairi Relative Index
SSL
Supertrend
Parabolic SAR
Chandelier Exit
Directional Movement Index
Quantitative Qualitative Estimation
For exact rules of entries please relate to the tooltips of each entry signal. All the signals can be used together or separately in the strategy.
Additional settings that can be used:
Trend Filter (limit long or short entries based on a moving average of your choice)
Exit Strategy settings (ATR is used to determine stop loss and take profit levels)
Trailing Loss Setups (you can use 3 different types of trailing losses)
Setups (you can set Long and Short entries as well as the order size based on either Capital % or Risk %)
Date Range (you can limit trades to specific date ranges)
Trading Time (you can limit on which days to trade)
Follow The Ranging HullThis is a scalping strategy, trying to make quick points based on momentum and trend trading.
Entry Points are when either the range filter or the the following line changes colour. And the Hull is in that same direction.
--The Strategy Only enters on range filter entry point for now.
This Strategy has been tested on the NASDAQ 1 min, And works best with low timeframes.
Set the IsStrategy on the settings to true, to activate the strategy.
Make sure the Dates are correct .
Credits:
Hull Suite by InSilico www.tradingview.com
Range Filter Buy and Sell 5 min www.tradingview.com
Follow Line Indicator by Dreadblitz www.tradingview.com
RSI, EMA, SMA Trendtrading - Oil Daytrading 1HThe Unitrend trading System produces trading recommendations on a pure Trend basis.
It is a Score based system.
--- How to use the System --
Simply adjust your capital you want to risk per trade and your TP Factor.
The TP Factor is the multiple of your risked Capital, also known as Risk/Reward ratio.
Furthermore you can toggle between a always Buy mode, to see if the System is better then market.
Compounding mode helps you to get a better understanding of your maximum drawdown with a total equity based approach.
--- How are Signals produced? ---
A score of 2 or 3 is a BUY signal.
You can count the score by looking at the lines above 1, or by reading the color.
Green is 3, yellow 2, orange 1 and red is 0.
The score is calculated by 3 conditions.
Each applying condition yields one point for the score.
The score resets each bar.
The rules are:
RSI > 45: Well known indicator, usually looks for reversal points but seems to produce above average results when above 45.
EMA(RSI) > SMA(RSI): My approach to momentum detection for the RSI movement, I consider a faster growing RSI as a good thing.
EMA(close) > SMA(close): My approach to trend detection for the market movement. Common Wisdom would be a fast SMA > slow SMA which I found to be too slow for the modern market.
Uptrend and Oversold Index Swing Trading System 8H--- Foreword ---
The Overbought and Oversold Index Swing Trading System or short: I11L Hypertrend primarily uses money management Strategies, EMA and SMA and my momentum Ideas for trying to produce satisfactory Alpha over a timespan of multiple years.
--- How does it Work? ---
It uses 20 different EMA's and SMA's to produce a score for each Bar.
It will credit one Point If the EMA is above the SMA.
A high score means that there is a strong Uptrend.
Spotting the strong Uptrend early is important.
The I11L Hypertrend System trys to spot the "UPTREND" by checking for a crossover of the Score(EMA) / Score(SMA).
A low score means that there is a strong Downtrend.
Its quite common to see a reversal to the mean after a Downtrend and spotting the bottom is important.
The System trys to spot the reversal, or "OVERSOLD" state by a crossunder of the Score(EMA) / Score(SMA).
--- What can i customize? ---
-> Trading Mode: You can choose between two different trading modes, Oversold and Overbought(trend) and Random Buys to check if your systems Profitfactor is actually better then market.
-> Work with the total equity: The system uses the initial capital per default for Backtesting purposes but seeing the maximum drawdown in a compounding mode might help!
-> Use a trailing SL: A TSL trys to not lose too much if the trade goes against your TP
-> Lookbackdistance for the Score: A higher Lookbackdistance results in a more lagging indicator. You have to find the balance between the confirmation of the Signal and the frontrunning.
-> Leverage: To see how your strategie and your maximum Drawdown with the total equity mode enabled would have performed.
-> Risk Capital per Trade unleveraged: How much the underlying asset can go against your position before the TSL hits, or the SL if no TSL is set.
-> TPFactor: Your risk/reward Ratio. If you risk 3% and you set the ratio to 1.2, you will have a TP at 3 * 1.2 = 3.6%
-> Select Date: Works best in the 8H Timeframe for CFD's. Good for getting a sense of what overfitting actually means and how easy one can fool themself, find the highest Profitfactor setting in the first Sector (Start - 2012) and then see if the second Sector (2012 - Now) produces Alpha over the Random Buy mode.
--- I have some questions about the System ---
Dear reader, please ask the question in the comment Section and i will do my best to assist you.
Unicorn Quant Strategy [Astride Unicorn]Deeply customizable trading algorithm with instant back-testing. Its position management and trading signals engines emulate every step of the trading process and display all the actions on the chart. For example, the algorithm shows when to enter or partially close a position, move stop-loss to breakeven, etc. The trader can use these signals in their decision-making and replicate these actions in their trading terminal. The script can also send real-time alerts to the user’s Email.
The trading signals feature calculates entry signals for momentum and trend trading. The calculation is based on trend filtering using our custom filter based on rolling historical volatility. The historical volatility is used to distinguish the market regime and determine the current trend direction. In its calculations, the algorithm uses linear regressions instead of averaging. As our practice shows, it helps to reduce signal lag while keeping the number of false signals low.
HOW TO USE
Set stop-loss and up to three take-profit levels, choose rules for moving the stop-loss level, adjust sensitivity of the entry signals and see the back-test result immediately. If the performance of the strategy satisfies you, proceed with the forward-testing or live-trading.
When using this script, please, keep in mind that past results do not necessarily reflect future results and that many factors influence trading results.
SETTINGS
Use Starting Date - when the flag is turned off, the algorithm uses all available pricing data to calculate back-tests; when turned on, back-tests start from a starting date the user can select in the setting below.
Starting Date - sets a starting date for back-testing.
Trading Signals
Trade Length - defines the length of the trades the algorithm tries to calculate entry signals for. Recommended values are from 1.0 to 6.0.
Sensitivity - controls the sensitivity of the trading signals algorithm. The sensitivity determines the density of trading signals and how close the trailing-stop levels follow the price. The higher the value of this parameter is, the less sensitive the algorithm is. High values of the Sensitivity parameters (100-500) can help to withstand large price swings to stay in longer price moves. Lower values (10-100) work well for short- and medium-term trades.
Signals Type - In the Signals Type dropdown list, there are two options: Market Timing and Market Bias. Market timing is a type of trading signaling when the algorithm tries to find a perfect moment to enter and exit a trade. Market Bias is the type of trading signaling when the algorithm tries to be in a position all the time. When a trade is closed, the algorithm determines a direction to which the market is currently “biased” and immediately opens a trade in this direction.
Position Management
SL - sets stop-loss level measured as a percentage of the trade entry price
TP1, TP2, TP3 - sets take-profit levels measured as a percentage of the trade entry price
Close % at TP1, Close % at TP2, Close % at TP3 - Sets portions of the open position(as a percentage of the initial order size) to close at each of the TP levels
At TP1 move SL to, At TP2 move SL to - Sets the rules for moving stop-loss level in an open trade to protect the floating profit
Dashboards
Active Position Information - turns on/off a dashboard that shows the current SL and TP levels for the active position.
Recommended SL,TP Settings - turns on/off a dashboard that shows recommended settings for the SL and TP levels.
BTC BOT [15min]This BOT is specialy designed for BTCUSDT 15 min Chart. It reacts to every Upward/Downward direction as fast as possible. It does not work well on higher time frame.
This BOT using 10 indicators to open a basic LONG/SHORT position.
1. CLOUD
2. TREND DETECTOR
3. TREND STRENGTH
4. PARABOLIC SAR
5. JMA
6. RANGE FILTER
7. ADX
8. TWAP TREND
9. FAST MA
10. MOMENTUM
This BOT also use 02 independent strategies for entering positions.
1. REVESALS (RSI Crossovers)
2. SCALPING (It can increase net profit but it can be risky)
ADX is the main component of this BOT.
This is purely BTC 15min strategy but this BOT could be easily convert into Altcoins Scalper.
pi RSI StrategypiRSI Strategy is based on my relative strength index indicator pi RSI because it uses the first 15 sequential numbers in Archimedes constant "pi" 3.14159265358979.. I felt that the never ending, non-repeated number, pi, was a good candidate for an input that tracks the constantly changing trends these days.
This is a price momentum strategy that helps you evaluate overbought or oversold conditions. By the default colors, when the white line is above the purple it's going bullish. And when the white line is under the purple it's going bearish.
Also, on the scale, 50 is neutral, below 25 is getting oversold and above 75 is getting overbought. This strategy is useful in conjunction with other price and volume indicators / strategies to help redundantly confirm future price action.
I've spent exhaustive effort on new research & development, engineering, back testing accuracy, real time capital testing, & future version revision of my trading indicator / strategy scripts.
Co-relation and St-deviation Strategy - BNB/USDT 15minThis indicator based on statistical analysis. it uses standard deviation and its co-relation to price action to generate signals. and following indicators has been used to calculate standard deviation and its co-relation values. finally it is capable to identify market changes in bottoms to pic most suitable points.
1. Parabolic SAR (parabolic stop and reverse)
2. Supertrend
3. Relative strength index (RSI)
4. Money flow index (MFI)
5. Balance of Power
6. Chande Momentum Oscillator
7. Center of Gravity (COG)
8. Directional Movement Index (DMI)
9. Stochastic
10. Symmetrically weighted moving average with fixed length
11. True strength index (TSI)
12. Williams %R
13. Accumulation/distribution index
14. Intraday Intensity Index
15. Negative Volume Index
16. Positive Volume Index
17. On Balance Volume
18. Price-Volume Trend
19. True range
20. Volume-weighted average price
21. Williams Accumulation/Distribution
22. Williams Variable Accumulation/Distribution
23. Simple Moving Average
24. Exponential Moving Average
25. CCI (commodity channel index)
26. Chop Zone
27. Ease of Movement
28. Detrended Price Oscillator
29. Advance Decline Line
30. Bull Bear Power
Compound Indicator Strategy - BTC/USDT 3hThis is an Strategy finds and utilise end points of short term market trends and this is a combination of many indicators such as
1. Volume change oscillator
2. Money flow index ( MFI )
3. Momentum Oscillator (MOM)
4. Stochastic Indicator
6. Relative Strength Indicator ( RSI )
7. Relative volatility index (RVI)
8. Balance of power (BOP)
9. Small moving average ( SMA )
10. Exponential moving average ( EMA )
11. Parabolic SAR
12. Super trend indicator
this script forms a compound indicator after analysing movements of those indicators through different time frames and measure its co-relation and variance with the price action. buy doing that, indicator in a position to identify short term market reversals and presented.
after generating a common indicator, it evaluates standard deviation and standard variance with currant market price action and generates a buy and sell signals. you can determine your own trading method based on available options.
Btcusdt - 4hr Trendreversal algoritmeIn this strategy we use a combination of differents indicators to catch the highs and lows and follow the right direction at all times.
The conditions of this 4hr algo are based on Ema's and WMA's that rise or fall:
Momentum;
Price Action
Volume
RSI
BB
I have backtested the algo for 2 years before i ran it live. I ran the algo live for 1 year now and ( October 2020) as for now the algo indicates a trend reversal 70-80% correctly.
The backtest result shown started from 01-10-2017and is simulated using 15% of the capital on BINANCE:BTCUSDT
I have varies Algo's on different Timeframes. If you're interested sent me a message.
Please be aware that past results are no guarantee for future performance!
v1 Automatic Trading Bot | BacktestHello Friends.
We have been working on this script for a long time. Briefly, our scenario works as follows.
This test data includes results as of January 1, 2022 using a balance of $1000 and 10%.
WORKİNG LOGİC :
Relative Strength Index
Directional Movement Index
Relative Momentum Index
Indicators are Blended.
1 conditions are met in the overbought and oversold zone.
If the Directional Movement Index Signal is in the same direction, If all signals are in the same decision, it will be position.
We can set the take profit and stop loss levels on the algorithm as % over the entry price.
HOW TO ADJUST :
Formula a and formula b values are adjusted by increments or decrements of 1 each. these adjustments should be changed according to the time frame and chart layout.
You do not need to intervene in overbought and oversold zones. The Best Values were thus deemed appropriate.
If you still want to intervene, you need to know; When you change the overbought and oversold values, the entry time and risk will increase.
Together with the backtest script we are able to adjust the algorithm to all timeframes.
For example, while these settings are ideal for 5 minutes, it is necessary to change the strenght and formul values for a 15-minute period. This provides a user-specific adjustable strategy.
There are 6 different triggers in total on the alarm version.
Enter a long position.
Long position take profit
Long position stop loss
Enter a Short position.
Short position take profit
Short position stop loss
Currently, one platform is also connected to the binance exchange via an API .
The maximum leverage is set to 5 and a maximum of 5 trades are ordered to enter.
I will post the alarm version soon.
Good Luck Everyone !
TEWY - Magic Strength Indicator (SI) ScreenerDetail about this indicator
This is screener to identify outperforming Stocks/Ticker based on the indicator "TEWY - Magic Strength Indicator (SI)" I deployed earlier. So please checkout that indicator description to understand more about this screener logic.
Below are the parameters that you may need to use to get outperforming indices/tickers.
1. Screener Set Name :
• Here you can see few of the predefined Index/Ticker sets i created, which you can use to screen Index/Ticker.
• If you select Set for 'Indices' you will get the list of Indices which are out performing NSE:NIFTY. Once you know which index is outperforming, then select the Set for that Index which I already given in the dropdown. That you will get the list of outperforming stock under that index.
• If you want to see all scripts of selected Sector Index that are outperforming NIFTY and may or may not be be outperforming Sector index, then please uncheck the box for "Outperforming Child Index Also". This will get you all the list of Stocks/Tickers which are outperforming Main Index NIFTY.
• If you want to see out-performers for specific period of time then change "How Many Outperforming Candles/Bars" as per your choice
• If you want to see under performers for Short trades then select "Find Short Trades" checkbox
• If you want to see the scripts which are just changed there signal then select "Latest Only" checkbox
Always respect RISKS and follow stop loss. In market stop loss is the only friend of yours.
I have given a sample illustrational image below, which should help you understand this indicator.
Best of luck
Best Strategy on TradingView? (Maybe)Best is quite a broad adjective and can be interpreted in many ways.
Does this strategy produce the best net profit on everything it trades compared to every other strategy? Probably not.
Does this strategy have the highest profit factor compared to every other strategy? Probably not.
However, in terms of all in one packages that are easy to implement and understand, while providing great results on most assets on most time frames... Is this the best strategy on TradingView? Maybe!
This strategy provides enough flexibility to be completely customised to each users trading needs, while being based on strategy logic that is so broad, so time tested and not overfitted - that it can be used by everyone on anything.
The strategy is fairly simple, MA ribbons, and the ATR. Seriously that's pretty much it. For momentum and trend based trading what more do you need! I've tried adding multitudes of other indicators, fundamental factors, technical tools etc. But after all that, this simple combo provides the best and most rounded results across the board.
I've tried to make the UI simple and intuitive so all users can load up and go and feel like they understand everything that is happening - but if anyone has any questions please do not hesitate to ask!
Also, if you find some great settings on something, share your results in the comments!
Have any ideas how this can be improved? Again, just let me know!
I hope you enjoy and I hope this helps with your trading & investing.
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
(Short) EMA200+Parabolic SAR+MACD+TP&SL By Nussara (strategy)This indicator is backtest of “ (Short) EMA 200 + Parabolic SAR + MACD + Take Profit and Stop Loss”
You can simulate trading by setting your own funds and trading fees. And you can adjust various parameter settings to get the results you want.
Exponential Moving Average
Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction, though they lag due to being based on past prices. Despite this, moving averages help smooth price action and filter out the noise.
EMA=Price(t)×k+EMA(y)×(1−k)
where:
t=today
y=yesterday
N=number of days in EMA
k=2÷(N+1)
Parabolic SAR
The Parabolic SAR is a technical indicator developed by J. Welles Wilder to determine the direction that an asset is moving. The indicator is also referred to as a stop and reverse system, which is abbreviated as SAR . It aims to identify potential reversals in the price movement of traded assets.
MACD
Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average ( EMA ) from the 12-period EMA . The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell—or short—the security when the MACD crosses below the signal line.
EMA 200 + Parabolic SAR + MACD (Short) formula
1. The price closes below the ema200 line.
2. MACD Line cross down Signal Line"
3. Parabolic SAR above the bar means that it is a downtrend.
If all three are true, the indicator will have a Short signal.
Risk to Reward Ratio = 1:1
Stop loss = Parabolic SAR point.
This indicator is just a tool for technical analysis . It shouldn't be used as the only indication of trade because it causes you to lose your money. You should use other indicators to analyze together.
(Long) EMA 200 + Parabolic SAR + MACD By Nussara (strategy)This indicator is backtest of “ (Long) EMA 200 + Parabolic SAR + MACD + Take Profit and Stop Loss”
You can simulate trading by setting your own funds and trading fees. And you can adjust various parameter settings to get the results you want.
Exponential Moving Average
Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction, though they lag due to being based on past prices. Despite this, moving averages help smooth price action and filter out the noise.
EMA=Price(t)×k+EMA(y)×(1−k)
where:
t=today
y=yesterday
N=number of days in EMA
k=2÷(N+1)
Parabolic SAR
The Parabolic SAR is a technical indicator developed by J. Welles Wilder to determine the direction that an asset is moving. The indicator is also referred to as a stop and reverse system, which is abbreviated as SAR. It aims to identify potential reversals in the price movement of traded assets.
MACD
Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell—or short—the security when the MACD crosses below the signal line.
EMA 200 + Parabolic SAR + MACD (Long) formula
1. The price closes above the ema200 line.
2. MACD Line above Signal Line
3. Parabolic SAR below the bar means that it is an uptrend.
If all three are true, the indicator will have a buy signal.
Risk to Reward Ratio = 1:1
Stop loss = Parabolic SAR point.
This indicator is just a tool for technical analysis. It shouldn't be used as the only indication of trade because it causes you to lose your money. You should use other indicators to analyze together.
Zero-Lag HMA Backtest v1.0 [loxx]This backtest compares profitability differences between a regular Hull Moving Average ( HMA ) and a Zero-Lag HMA .
Things to know:
- Profit is set to 1 ATR
- Stop-loss is set to 1.5 ATR.
- This is by design to test the minimum the profit scenario (1 ATR up) and the worst case loss scenario (1.5 ATR down) for momentum trading. Actual results vary when additional TPs are added
How to use:
- Adjust settings and dates to view different market structures and position scenarios
- See results in the "Strategy Tester" pane
Conclusions and what's next
- Modifying HMA does very little to improve backtest results
- Future iterations will include options to backtest various moving averages with additional modifiers to improve profits and avoide losses
Comment below or send a PM with questions, comments, observations, or concerns.
Price Change Scalping Strategy v1.0 - 3Commas EditionIntroduction
This strategy implements the Price Change Scalping (PCS) strategy specifically for the 3Commas platform. The Input settings have been redesigned to match the same inputs as the 3Commas My Bot Settings page. Only the "Deal Start Condition" section will echo the required PCS-related settings found in the original Price Change Scalping Strategy v1.0 to successfully implement the strategy.
The strategy uses a price rate of change (ROC) momentum calculation to determine the percent change in price between a defined range of bars. The calculated ROC value is then compared to the Upper Threshold and Lower Threshold values to determine if a trade setup is to be activated. If the threshold is crossed, a trade setup will occur based on the indicator settings. Entry, Take Profit, and Stop Loss prices are calculated and displayed on the chart. Once the Entry Price is crossed, a long or short position is created (depending on the direction) and once the Take Profit price is crossed, the position is closed. If the Entry Price is not crossed within a specific number of bars, the trade setup is canceled, and it will proceed to monitor price changes for the next set up.
How is it original and useful?
This strategy is unique in that the strategy version fully supports the TradingView backtester, which will enable you to perform experiments with various settings to evaluate performance using the historical chart data. The study version implements the "Start Deal" and "Close Deal" alerts for you to integrate with 3Comma's "Trading View Custom Signal" start condition. Both script versions will provide the same configuration abilities. The following list is a brief description of its usefulness:
Full support for all possible 3Commas bot settings.
Define a short or long trading strategy.
Price change data source and offset settings.
Your layering placement relative to the entry price.
Your trading parameters like take profit and stop loss offsets, trailing take profit support, exchange commission rates, trading start time, and order size multiplication for each layer.
Flexible trade eligibility rules that can use other chart indicators, like RSI or EMA, to exclude the selection of entry prices for trading.
The visibility of detailed statistics from the chart history pertaining to trading sessions started and closed, session durations, win rate, price action drops and bounces, as well as layer utilization.
The visibility of detailed Used Amount for Each Step table that details how each layer will be allocated for trading.
How does it compare to other scripts in the Public Library?
The strategy offers a very detailed, comprehensive settings to address all types of markets found on TradingView where you can implement the price change scalping strategy. The strategy version can be considered the first of its kind on TradingView to leverage the backtester to provide informative, detailed performance measurements surrounding this unique trading strategy. The study version will implement the latest alert framework called "Any Alert() Function" where you can create a single alert to handle multiple events, which include:
Deal Start
Deal Close
Strategy Results
The default settings are designed to define a "loose" price change settings to ensure that the indicator will render chart elements when first loaded as well as to allow the backtester to gather order executions and display performance summary. The strategy version is using $10,000 initial capital, a commission rate of 0.1% for both entries and exits, and a 1 tick slippage setting. It is also using 3.4881% of the equity for the Base Order Size, 4.7097% of equity for the first Safety Order Size. The Maximum Safety Trade Count is 7 with a Safety Order Volume Scale of 1.33, and a take profit of 2% with no stop loss. All other settings are defaults.
It is recommended that the indicator be "tuned" for your specific market to best implement the price change strategy and obtain better desirable results. You do so by scrolling through the chart's history and observing moments when prices tend to move rapidly. Measure the number or bars it typically takes for the price to change at a specific rate. Using this information, you can adjust the Price Change Settings accordingly to configure the indicator for the chart.
Always keep in mind that past performance may not be indicative of future results. Settings that seem favorable for one market may be found to be disastrous in another. Therefore, do take the time needed to understand how the settings will behave with the given chart symbol.
Enjoy! 😊👍
How to obtain access to the script?
You have two choices:
Use the "Website" link below to obtain access to this indicator, or
Send us a private message (PM) in TradingView itself.
Price Change Scalping Strategy v1.0Introduction
This strategy uses a price rate of change (ROC) momentum calculation to determine the percent change in price between a defined range of bars. The calculated ROC value is then compared to the Upper Threshold and Lower Threshold values to determine if a trade setup is to be activated. If the threshold is crossed, a trade setup will occur based on the indicator settings. Entry, Take Profit, and Stop Loss prices are calculated and displayed on the chart. Once the Entry Price is crossed, a long or short position is created (depending on the direction) and once the Take Profit price is crossed, the position is closed. If the Entry Price is not crossed within a specific number of bars, the trade setup is canceled, and it will proceed to monitor price changes for the next set up.
How is it original and useful?
This strategy is unique in that the strategy version fully supports the TradingView backtester, which will enable you to perform experiments with various settings to evaluate performance using the historical chart data. The study version implements numerous custom alerts for you to build TradingView notifications around specific price action events and stay informed with market activity in real-time. Both script versions will provide the same configuration abilities where you can define:
Define a short or long trading strategy.
Price change data source and offset settings.
Your layering placement relative to the entry price.
Your trading parameters like take profit and stop loss offsets, exchange commission rates, trading start time, and order size multiplication for each layer.
Flexible trade eligibility rules that can use other chart indicators, like RSI or EMA, to exclude the selection of entry prices for trading.
The visibility of detailed statistics from the chart history pertaining to trading sessions started and closed, session durations, win rate, price action drops and bounces, as well as layer utilization.
How does it compare to other scripts in the Public Library?
The strategy offers a very detailed, comprehensive settings to address all types of markets found on TradingView where you can implement the price change scalping strategy. The strategy version can be considered the first of its kind on TradingView to leverage the backtester to provide informative, detailed performance measurements surrounding this unique trading strategy. The study version will contain numerous custom alerts to aid in your notification preferences and stay informed on the indicator's activities:
Price Crossed Above Threshold
Price Crossed Below Threshold
Enter Long Position
Exit Long Position
Enter Short Position
Exit Short Position
Price Crossed DCA Layer 1 (Long)
Price Crossed DCA Layer 2 (Long)
Price Crossed DCA Layer 3 (Long)
Price Crossed DCA Layer 4 (Long)
Price Crossed DCA Layer 5 (Long)
Price Crossed DCA Layer 6 (Long)
Price Crossed DCA Layer 7 (Long)
Price Crossed DCA Layer 8 (Long)
Price Crossed DCA Layer 1 (Short)
Price Crossed DCA Layer 2 (Short)
Price Crossed DCA Layer 3 (Short)
Price Crossed DCA Layer 4 (Short)
Price Crossed DCA Layer 5 (Short)
Price Crossed DCA Layer 6 (Short)
Price Crossed DCA Layer 7 (Short)
Price Crossed DCA Layer 8 (Short)
Strategy Results
The default settings are designed to define a "loose" price change settings to ensure that the indicator will render chart elements when first loaded as well as to allow the backtester to gather order executions and display performance summary. The strategy version is using $10,000 initial capital, a commission rate of 0.1% for both entries and exits, and a 1 tick slippage setting. It is also using 2.74506% of the equity with a Order Size Multiplier of 1.33, using 8 total DCA layers, and a take profit of 2% with no stop loss. All other settings are defaults.
It is recommended that the indicator be "tuned" for your specific market in order to best implement the price change strategy and obtain better desirable results. You do so by scrolling through the chart's history and observing moments when prices tend to move rapidly. Measure the number or bars it typcially takes for the price to change at a specific rate. Using this information, you can adjust the Price Change Settings accordingly to configure the indicator for the chart.
Always keep in mind that past performance may not be indicative of future results. Settings that seem favorable for one market may be found to be disastrous in another. Therefore, do take the time needed to understand how the settings will behave with the given chart symbol.
Enjoy! 😊👍
How to obtain access to the script?
You have two choices:
Use the "Website" link below to obtain access to this indicator, or
Send us a private message (PM) in TradingView itself.
