Strategy for UT Bot Alerts indicator Using the UT Bot alerts indicator by @QuantNomad, this strategy was designed for showing an example of how this indicator could be used, also, it has the goal to help some people from a group that use to use this indicator for their trading. Under any circumstance I recommend to use it without testing it before in real time.
Backtesting context: 2020-02-05 to 2023-02-25 of BTCUSD 4H by Tvc. Commissions: 0.03% for each entry, 0.03% for each exit. Risk per trade: 2.5% of the total account
For this strategy, 3 indicators are used:
UT Bot Alerts indicator by Quantnomad
One Ema of 200 periods for indicate the trend
Atr stop loss from Gatherio
Trade conditions:
For longs:
Close price is higher than Atr from UT Bot
Ema from UT Bot cross over Atr from UT Bot.
This gives us our long signal. Stop loss will be determined by atr stop loss (white point), break even(blue point) by a risk/reward ratio of 0.75:1 and take profit of 3:1 where half position will be closed. This will be showed as buy (open long position)
The other half will be closed when close price is lower than Atr and Ema from UT Bot cross under Atr. This will be showed as cl buy (close long position)
For shorts:
Close price is lower than Atr from UT Bot
Ema from UT Bot cross over Atr from UT Bot.
This gives us our short signal. Stop loss will be determined by atr stop loss (white point), break even(blue point) by a risk/reward ratio of 0.75:1 and take profit of 3:1 where half position will be closed. This will be showed as sell (open short position)
The other half will be closed when close price is higher than Atr and Ema from UT Bot cross over Atr. This will be showed as cl sell (close short position)
Risk management
For calculate the amount of the position you will use just a small percent of your initial capital for the strategy and you will use the atr stop loss for this.
Example: You have 1000 usd and you just want to risk 2,5% of your account, there is a long signal at price of 20,000 usd. The stop loss price from atr stop loss is 19,000. You calculate the distance in percent between 20,000 and 19,000. In this case, that distance would be of 5,0%. Then, you calculate your position by this way: (initial or current capital * risk per trade of your account) / (stop loss distance).
Using these values on the formula: (1000*2,5%)/(5,0%) = 500usd. It means, you have to use 500 usd for risking 2.5% of your account.
We will use this risk management for apply compound interest.
In settings, with position amount calculator, you can enter the amount in usd of your account and the amount in percentage for risking per trade of the account. You will see this value in green color in the upper left corner that shows the amount in usd to use for risking the specific percentage of your account.
Script functions
Inside of settings, you will find some utilities for display atr stop loss, break evens, positions, signals, indicators, etc.
You will find the settings for risk management at the end of the script if you want to change something. But rebember, do not change values from indicators, the idea is to not over optimize the strategy.
If you want to change the initial capital for backtest the strategy, go to properties, and also enter the commisions of your exchange and slippage for more realistic results.
In risk managment you can find an option called "Use leverage ?", activate this if you want to backtest using leverage, which means that in case of not having enough money for risking the % determined by you of your account using your initial capital, you will use leverage for using the enough amount for risking that % of your acount in a buy position. Otherwise, the amount will be limited by your initial/current capital
---> Do not forget to deactivate Trades on chart option in style settings for a cleaner look of the chart <---
Some things to consider
USE UNDER YOUR OWN RISK. PAST RESULTS DO NOT REPRESENT THE FUTURE.
DEPENDING OF % ACCOUNT RISK PER TRADE, YOU COULD REQUIRE LEVERAGE FOR OPEN SOME POSITIONS, SO PLEASE, BE CAREFULL AND USE CORRECTLY THE RISK MANAGEMENT
Do not forget to change commissions and other parameters related with back testing results!
Strategies for trending markets use to have more looses than wins and it takes a long time to get profits, so do not forget to be patient and consistent !
---> The strategy can still be improved, you can change some parameters depending of the asset and timeframe like risk/reward for taking profits, for break even, also the main parameters of the UT Bot Alerts <----
Pesquisar nos scripts por "take profit"
Double Alligator x Donchian Cloud StrategyThis strategy is based on two sets of Williams Alligator indicators, taking crossovers and crossunders of the two pairs of lips as the main entry signal with confluence from the Donchian Cloud. The first Alligator used is set to the standard 13/8/5 lengths found in the standard indicator. The second Alligator is multiplied tenfold (10x) to 130/80/50 with the offset values also being multiplied. This second set is colored yellow, aqua, and purple for the jaw, teeth, and lips, respectively. A strategy similar to a moving average crossover can be created using these sets of Alligator indicators. While there are 6 lines in total, and can be used for discretionary matters outside of the strategy entry/exits, a cross of the lip pairs seems to yield the most optimal results. As a filter for these signals, we have introduced our Donchian Cloud Score code.
The Donchian Cloud Score is derived from a set of 5 Donchian channels (upper, lower, and basis plotted) defaulted to lengths of 25, 50, 100, 150, and 200. A set of conditions associated with the channels aims to determine ranging versus trending markets. Weights are given to these conditions accordingly, then tallied up to determine the "cloud score", ranging between -25 and 25. In general, a ranging market is determined by a cloud score between -10 and 10, while a positive trending market has a score higher than 10 and a negative trending market has a score lower than -10. That said, long and short thresholds similar to the macro score itself are included in the user settings and set to a default of 3 or -3. Trade frequency will increase the closer these numbers are to zero, however, the stronger (yet infrequent) signals come with values approaching +/- 10 or greater. The cloud score is plotted as a line in the underlay with coloration reflecting ranging or trending markets (green color above the long threshold, gray between the thresholds, and red below the short threshold). The cloud score is incorporated into the strategy syntax for long and short positions in that the score must be above or below the set threshold for a trade to be placed. A breakdown for the Donchian scoring is as follows:
- Broke the 25-length DC (DC(25)) upper band in the previous 3 bars - +1 if true, 0 if false
- Broke the DC(50) upper band in the previous 3 bars - +2 if true, 0 if false
- Broke the DC(100) upper band in the previous 3 bars - +3 if true, 0 if false
- Broke the DC(150) upper band in the previous 3 bars - +4 if true, 0 if false
- Broke the DC(200) upper band in the previous 3 bars - +5 if true, 0 if false
- Broke the DC(25) lower band in the previous 3 bars - -1 if true, 0 if false
- Broke the DC(50) lower band in the previous 3 bars - -2 if true, 0 if false
- Broke the DC(100) lower band in the previous 3 bars - -3 if true, 0 if false
- Broke the DC(150) lower band in the previous 3 bars - -4 if true, 0 if false
- Broke the DC(200) lower band in the previous 3 bars - -5 if true, 0 if false
- DC(25) basis line above the DC(50) basis line - +1 if true, -1 if false
- DC(25) basis line above the DC(100) basis line - +1 if true, -1 if false
- DC(25)basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(25) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(100) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(100) basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(100) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(150) basis line above the DC(200) basis line - +1 if true, -1 if false
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. The option for adding in a trailing stop has also been included, with options to choose between an ATR-based trail or a percentage-based trail. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview/Pineconnector Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else. If using Pineconnector, follow the same directions for setting up an alert, but use the ",buy,,risk=" syntax as noted in the tooltips.
Miyagi (10 in 1) + DCA StrategyMiyagi: The attempt at mastering something for the best results.
Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.
Miyagi (10 in 1) + DCA Strategy built for the Miyagi (10 in 1) + Alerts found here:
The DCA Strategy was designed to help visualize, backtest and improve users' DCA strategies and overall profitability.
Users can backtest different trading timeframes using the start and end date inputs.
Users can backtest different take profit and stoploss percents, both long and short.
Users can choose whether or not to use DCA on the backtester via a selectable input.
Input the DCA as you would normally using the Wick Hunter bot.
Happy trading!
Macro Score (DFMA) and Donchian Cloud Score StrategyA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger.
The DFMA - Democratic Fibonacci Moving Average - is a separate indicator that we have released that takes 10 different Fibonacci MAs (lengths of 3 to 233, at Fibonacci intervals) and averages them to form the DFMA line. This helps by creating a consensus on the trend based on moving averages alone. Crossovers of the DFMA with the various Fib MA lengths as well as a cross of the price source and these lines can provide adequate long and short signals.
This strategy has the signals and weights pre-determined in the code. Heaviest weights have been given to crosses of the DFMA line/Fib MA (233) as well as the crosses of the Fib MA (3)/DFMA. Additionally, there are thresholds for DPO ( Detrended Price Oscillator , above or below 0), CMO ( Chande Momentum Oscillator , above or below 0), Jurik Volatility Bands (above or below 0), and Stoch RSI (above or below 50). These four signals hold a lighter weight than the MA cross signals.
The macro score itself is printed in an underlay as a white line that goes between -10 and 10 for this strategy. In addition to the macro score line, a blue momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to a threshold for the macro score. Long and short thresholds can be determined by the user in the settings menu.
The Donchian Cloud Score is derived from a set of 5 Donchian channels (upper, lower, and basis plotted) defaulted to lengths of 25, 50, 100, 150, and 200. A set of conditions associated with the channels aims to determine ranging versus trending markets. Weights are given to these conditions accordingly, then tallied up to determine the "cloud score", ranging between -25 and 25. In general, a ranging market is determined by a cloud score between -10 and 10, while a positive trending market has a score higher than 10 and a negative trending market has a score lower than -10. That said, long and short thresholds similar to the macro score itself are included in the user settings and set to a default of 5 or -5. The cloud score is plotted as a line in the underlay with coloration reflecting ranging or trending markets (green color above the long threshold, gray between the thresholds, and red below the short threshold). The cloud score is incorporated into the strategy syntax for long and short positions in that the score must be above or below the set threshold for a trade to be placed. A breakdown for the Donchian scoring is as follows:
- Broke the 25-length DC (DC(25)) upper band in the previous 3 bars - +1 if true, 0 if false
- Broke the DC(50) upper band in the previous 3 bars - +2 if true, 0 if false
- Broke the DC(100) upper band in the previous 3 bars - +3 if true, 0 if false
- Broke the DC(150) upper band in the previous 3 bars - +4 if true, 0 if false
- Broke the DC(200) upper band in the previous 3 bars - +5 if true, 0 if false
- Broke the DC(25) lower band in the previous 3 bars - -1 if true, 0 if false
- Broke the DC(50) lower band in the previous 3 bars - -2 if true, 0 if false
- Broke the DC(100) lower band in the previous 3 bars - -3 if true, 0 if false
- Broke the DC(150) lower band in the previous 3 bars - -4 if true, 0 if false
- Broke the DC(200) lower band in the previous 3 bars - -5 if true, 0 if false
- DC(25) basis line above the DC(50) basis line - +1 if true, -1 if false
- DC(25) basis line above the DC(100) basis line - +1 if true, -1 if false
- DC(25)basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(25) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(100) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(100) basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(100) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(150) basis line above the DC(200) basis line - +1 if true, -1 if false
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. The option for adding in a trailing stop has also been included, with options to choose between an ATR-based trail or a percentage-based trail. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview/Pineconnector Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else. If using Pineconnector, follow the same directions for setting up an alert, but use the ",buy,,risk=" syntax as noted in the tooltips.
CryptoGraph StrategizerA complete system to backtest and automate comprehensive trading strategies
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🟣 How it works
This indicator allows you to use buy & sell signals from external CryptoGraph indicators, and fully backtest these signals in the TradingView strategy tester. After configuring buy & sell signals, the trader can look into exit criteria with this indicator. The indicator offers percentage based an ATR based take profit/stop losses, as well as safety orders (DCA) in order to get a better average entry price.
Once your strategy is fully set up to your desired results, it's possible to set up alerts and connect the indicator through an automation platform ( API connection), to your broker. Alertatron & Wick Hunter auto configuration is included, meaning everything configured in the indicator settings, will automatically be carried out with Alertatron & Wick Hunter syntaxes.
🟣 Features
• Multiple methods of scaling in entries (Multiple DCA/Pyramiding methods). There will be an option to scale up or down your volume per order and distance between orders.
• Multiple methods of determining order sizes. Methods are percentage risk per trade, dollar risk per trade, position size in contracts, position size in percentage and position size in dollar.
• Multiple methods and levels of taking profits and losses. Both percentage based and ATR based take profit and stop loss.
• Option to use external indicator buy/sell signals for entry.
• Visualised liquidation prices in TradingView (both cross and isolated)
• Information panel on chart with additional information regarding your strategy results
• Bot setup directly from indicator inputs tab with Wick Hunter & Alertatron
🟣 How to use
• Choose a symbol that corresponds to your bot pair and exchange
• Pick a chart time frame
• Always use the regular candle type
• Configure your deal start condition
• Configure your profit target
• Use the Take Profit/Stop Loss feature to set a target for profit and loss
• Configure your safety orders
• Check your backtest parameters
•Make sure that the initial capital and order size make sense. Since you can use pyramiding in your strategy with safety orders, the sum of all deals should not be bigger than the initial capital
Ema ScalpThis is another simple strategy based on ema
Entry Buy - 1) when close crossover ema then buy and only open one trade till it not close
2) if previous buy trade is profitable open another trade and check again trade is profitable or not
3)if trade is not profitable reset and wait for sell condition...
Entry Sell -1) when close crossunder ema then sell and only open one trade till it not close
2) if previous sell trade is profitable open another trade and check again trade is profitable or not
3) if trade is not profitable reset and wait for buy condition.....
stop loss and take profit is percentage based ...
Macro Score - Dem. Fib. McGinley DynamicsA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger.
The DFMG - Democratic Fibonacci McGinley Dynamic - is a separate indicator that we have released that takes 10 different Fibonacci McGinley Dynamics (lengths of 3 to 233, at Fibonacci intervals) and averages them to form the DFMG line. This helps by creating a consensus on the trend based on these dynamic lines alone. Crossovers of the DFMG with the various McGinley lengths as well as a cross of the price source and these lines can provide adequate long and short signals.
This strategy has the signals and weights pre-determined in the code. Heaviest weights have been given to crosses of the DFMG line/McGinley(233) as well as the crosses of the McGinley(3)/DFMG. Additionally, there are thresholds for DPO ( Detrended Price Oscillator , above or below 0), CMO ( Chande Momentum Oscillator , above or below 0), Jurik Volatility Bands (above or below 0), and Stoch RSI (above or below 50). These four signals hold a lighter weight than the McGinley cross signals.
The macro score itself is printed in an underlay as a white line that goes between -10 and 10 for this strategy. In addition to the macro score line, a green momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to long and short thresholds for the macro score, defaulted to 5 and -5 respectively.
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. The option for adding in a trailing stop has also been included, with options to choose between an ATR-based trail or a percentage-based trail.
This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview/Pineconnector Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else. If using Pineconnector, follow the same directions for setting up an alert, but use the " ,buy, ,risk=" syntax as noted in the tooltips.
Default Properties for AVAX 20M:
DPO - 35 , uncentered
CMO - 25, open
K/D - 3/3
RSI Stoch Length - 3
Stoch Length - 4
Stoch Source - open
JVB Length - 14
JVB Smoothing - 2
DFMG source - close
Macro Length - 14
TP % - 1.5%
TTP % - 0.005%
SL % - 1.8%, no trail
TradePro's 2 EMA + Stoch RSI + ATR StrategySaw TradePro's "NEW BEST HIGHEST PROFITING STRATEGY WITH CRAZY RESULTS - 2 EMA+ Stochastic RSI+ ATR", and was curious on the back testing results. This strategy is an attempt to recreate it.
This strategy uses 50 / 200 EMAs, Stochastic RSI and ATR.
Long Entry Criteria:
- 50 EMA > 200 EMA
- Price closes below 50 EMA
- Stochastic RSI has gone into oversold < 20
- Stochastic RSI crosses up while making higher low from previous cross up
Short Entry Criteria:
- 50 EMA < 200 EMA
- Price closes above 50 EMA
- Stochastic RSI has gone into overbought > 80
- Stochastic RSI crosses down while making lower high from previous cross down
Stop-loss is set to ATR stop-loss
Take Profit is 2x the risk
All parameters are configurable.
Enjoy~~
Macro Score - DFMA-BasedA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger.
The DFMA - Democratic Fibonacci Moving Average - is a separate indicator that we have released that takes 10 different Fibonacci MAs (lengths of 3 to 233, at Fibonacci intervals) and averages them to form the DFMA line. This helps by creating a consensus on the trend based on moving averages alone. Crossovers of the DFMA with the various Fib MA lengths as well as a cross of the price source and these lines can provide adequate long and short signals.
This strategy has the signals and weights pre-determined in the code. Heaviest weights have been given to crosses of the DFMA line/Fib MA (233) as well as the crosses of the Fib MA (3)/DFMA. Additionally, there are thresholds for DPO ( Detrended Price Oscillator , above or below 0), CMO ( Chande Momentum Oscillator , above or below 0), Jurik Volatility Bands (above or below 0), and Stoch RSI (above or below 50). These foursignals hold a lighter weight than the MA cross signals.
The macro score itself is printed in an underlay as a white line that goes between -10 and 10 for this strategy. In addition to the macro score line, a blue momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to a threshold for the macro score (-5/5).
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else.
Default Properties, for AVAX 20M:
DPO - 40, uncentered
CMO - 25, open
K/D - 3/3
RSI Stoch Length - 3
Stoch Length - 4
Stoch Source - open
JVB Length - 25
JVB Smoothing - 2
DFMA source - close
Macro Length - 13
TP % - 1.5%
TTP % - 0.005%
SL % - 2%
Macro Score -- User-Customized Scores and SignalsA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger. This particular strategy allows the user to choose between 18 different signals to be used in scoring as well as allowing the user to determine the individual weights of each score as well as the overall threshold to determine long or short signals. Weights for each score range between 1 and 5, with 5 being the greatest weight. The overall threshold for long or short is dependent on the total possible weights added together (i.e. if your weights total -10 or +10, a threshold within this range must be used).
The macro score itself is printed in an underlay as a white line that goes between the maximum positive and negative values for all weights added together for this strategy. In addition to the macro score line, a green momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to a threshold for the macro score. The length of the Macro Score's momentum line can be found in the settings.
The current signals to choose from include:
- ADX Threshold - if the Average Directional Index is above a set threshold, signal positive or negative
- CMF Threshold - if the Chaikin Money Flow oscillator is above 0, signal positive; otherwise, signal negative
- CMO > TSI Signal - signal positive if there is a cross of the Chande Momentum Oscillator and the True Strength Index signal line
- CMO Threshold - if the Chande Momentum Oscillator is above 0, signal positive; otherwise, signal negative
- DPO Threshold - if the Detrended Price Oscillator is above 0, signal positive; otherwise, signal negative
- EOM Threshold - if the Ease of Money Oscillator is above 0, signal positive; otherwise, signal negative
- Jurik Threshold - if the Jurik price line (from the Jurik Volatility Bands) is above 0, signal positive; otherwise, signal negative
- MACD Threshold - if the MACD signal line is above 0, signal positive; otherwise, signal negative
- McGinley Cross - a crossover of a fast McGinley Dynamic length line and a slow McGinley Dynamic line signals positive; otherwise, signal negative
- PSAR - if the direction of the PSAR is heading long, signal positive; otherwise, signal negative
- ROC Threshold - if the Rate of Change oscillator is above 0, signal positive; otherwise, signal negative
- RSI Threshold - if the Relative Strength Index is above 50, signal positive; otherwise, signal negative
- Stoch RSI Threshold - if the Stoch RSI is above 50, signal positive; otherwise, signal negative
- Supertrend - if the Supertrend determines long, signal positive; otherwise, signal negative
- TSI Cross - a crossover of the True Strength Index value line and the TSI signal line signals positive; otherwise, signal negative
- TSI Signal Threshold - if the TSI signal line is above 0, signal positive; otherwise, signal negative
- Williams Alligator Cross - if the Williams Alligator lips cross the teeth and jaw, signal positive; otherwise, signal negative
- Williams %R - if the Williams %R is above -50, signal positive; otherwise, signal negative
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else.
Sample setup for SOLUSDT 30M:
- Score 1 - Value 4, PSAR (0.05 start, 0.02 increment, 0.2 max value; sourced open)
- Score 2 - Value 4, Jurik Threshold (JVB Length 25, JVB Smoothing 6, JVB Price Threshold 0)
- Score 3 - Value 5, DPO Threshold (DPO Length 40, uncentered)
- Score 4 - Value 5, CMO Threshold (CMO Length 40, sourced open)
- Score 5 - Value 2, MACD Threshold (Fast Length 12, Slow Length 30, sourced open)
- Macro Length 21
- Long Threshold - -3
- Short Threshold - +3
- Take Profit % - 0.9/0.9
- Trail % - 0.005
- Stop Loss % - 1.4
Sample setup for AVAXUSDT 20M:
- Score 1 - Value 3, TSI Cross (Long Length 25, Short Length 16, Signal Length 17)
- Score 2 - Value 2, TSI Signal Threshold (same settings as the TSI Cross)
- Score 3 - Value 2, Jurik Threshold (JVB Length 20, JVB Smoothing 8, JVB Price Threshold 0)
- Score 4 - Value 2, DPO Threshold (DPO Length 40, uncentered)
- Score 5 - Value 1, Stoch Threshold (K/D 3, RSI (Stoch) Length 10, Stochastic Length 4, sourced open)
- Macro Length 13
- Long Threshold - +5
- Short Threshold - -5
- Take Profit % - 1.2/1.2
- Trail % - 0.005
- Stop Loss % - 1.5
Ultimate Strategy Template (Advanced Edition)Hello traders
This script is an upgraded version of that one below
New features
- Upgraded to Pinescript version 5
- Added the exit SL/TP now in real-time
- Added text fields for the alerts - easier to send the commands to your trading bots
Step 1: Create your connector
Adapt your indicator with only 2 lines of code and then connect it to this strategy template.
For doing so:
1) Find in your indicator where are the conditions printing the long/buy and short/sell signals.
2) Create an additional plot as below
I'm giving an example with a Two moving averages cross.
Please replicate the same methodology for your indicator wether it's a MACD , ZigZag , Pivots , higher-highs, lower-lows or whatever indicator with clear buy and sell conditions.
//@version=5
indicator(title='Moving Average Cross', shorttitle='Moving Average Cross', overlay=true, precision=6, max_labels_count=500, max_lines_count=500)
type_ma1 = input.string(title='MA1 type', defval='SMA', options= )
length_ma1 = input(10, title=' MA1 length')
type_ma2 = input.string(title='MA2 type', defval='SMA', options= )
length_ma2 = input(100, title=' MA2 length')
// MA
f_ma(smoothing, src, length) =>
rma_1 = ta.rma(src, length)
sma_1 = ta.sma(src, length)
ema_1 = ta.ema(src, length)
iff_1 = smoothing == 'EMA' ? ema_1 : src
iff_2 = smoothing == 'SMA' ? sma_1 : iff_1
smoothing == 'RMA' ? rma_1 : iff_2
MA1 = f_ma(type_ma1, close, length_ma1)
MA2 = f_ma(type_ma2, close, length_ma2)
// buy and sell conditions
buy = ta.crossover(MA1, MA2)
sell = ta.crossunder(MA1, MA2)
plot(MA1, color=color.new(color.green, 0), title='Plot MA1', linewidth=3)
plot(MA2, color=color.new(color.red, 0), title='Plot MA2', linewidth=3)
plotshape(buy, title='LONG SIGNAL', style=shape.circle, location=location.belowbar, color=color.new(color.green, 0), size=size.normal)
plotshape(sell, title='SHORT SIGNAL', style=shape.circle, location=location.abovebar, color=color.new(color.red, 0), size=size.normal)
/////////////////////////// SIGNAL FOR STRATEGY /////////////////////////
Signal = buy ? 1 : sell ? -1 : 0
plot(Signal, title='🔌Connector🔌', display = display.data_window)
Basically, I identified my buy, sell conditions in the code and added this at the bottom of my indicator code
Signal = buy ? 1 : sell ? -1 : 0
plot(Signal, title="🔌Connector🔌", transp=100)
Important Notes
🔥 The Strategy Template expects the value to be exactly 1 for the bullish signal, and -1 for the bearish signal
Now you can connect your indicator to the Strategy Template using the method below or that one
Step 2: Connect the connector
1) Add your updated indicator to a TradingView chart
2) Add the Strategy Template as well to the SAME chart
3) Open the Strategy Template settings and in the Data Source field select your 🔌Connector🔌 (which comes from your indicator)
From then, you should start seeing the signals and plenty of other stuff on your chart
🔥 Note that whenever you'll update your indicator values, the strategy statistics and visual on your chart will update in real-time
Settings
- Color Candles: Color the candles based on the trade state ( bullish , bearish , neutral)
- Close positions at market at the end of each session: useful for everything but cryptocurrencies
- Session time ranges: Take the signals from a starting time to an ending time
- Close Direction: Choose to close only the longs, shorts, or both
- Date Filter: Take the signals from a starting date to an ending date
- Set the maximum losing streak length with an input
- Set the maximum winning streak length with an input
- Set the maximum consecutive days with a loss
- Set the maximum drawdown (in % of strategy equity)
- Set the maximum intraday loss in percentage
- Limit the number of trades per day
- Limit the number of trades per week
- Stop-loss: None or Percentage or Trailing Stop Percentage or ATR - I'll add shortly multiple options for the trailing stop loss
- Take-Profit: None or Percentage or ATR - I'll add also a trailing take profit
- Risk-Reward based on ATR multiple for the Stop-Loss and Take-Profit
Special Thanks
Special thanks to @JosKodify as I borrowed a few risk management snippets from his website: kodify.net
Best
Dave
Normalized CCI Divergence StrategyStrategy Overview:
This script takes the Commodity Channel Index and normalizes the equation to be read easier by the user. Bullish, Bearish, Hidden Bullish, and Hidden Bearish divergences are identified and displayed in the underlay. Hidden Bullish and Hidden Bearish are turned off by default, but can be turned on in the user settings. The strategy itself signals long or short based on the appearance of these divergences in addition to previous CCI values being above or below a threshold. *Shorter timeframes such as 5M are recommended.* Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview Settings
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else.
FFT Strategy Bi-Directional Stop/Profit/Trailing + VMA + AroonThis strategy uses the Fast Fourier Transform inspired from the source code of @tbiktag for the Fast Fourier Transform & @lazybear for the VMA filter.
If you are not familiar with the Fast Fourier transform it is a variation of the Discrete Fourier Transform. Veritasium on youtube has a great video on it with a follow up recommendation from 3brown1blue. In short it will extract all the frequencies from a set of data. @tbiktag laid the groundwork for creating the indicator which will allow you to isolate only those signals which are the most relevant and remove the noise. I recommend having @tbiktag's FFT Transform indicator side by side with this to understand what my variation is doing by setting similar settings .
Using this idea, you can then optimize a strategy to the frequencies that are best. The main entry signal is when the FFT Signal crosses above or below the 0 line .
Included with this strategy is the ability to optionally bi-directionally set:
Stop Loss
Trailing Stop Loss
Take Profit
Trailing Take Profit
Entries are optionally further filtered by use of the VMA using the algorithm from LazyBear which allows you to adjust a variable moving average with 3 market trend detections. Green represents upwards momentum; Blue sideways trading and Red downwards momentum. The idea being to filter out buy or sell entries unless the market is moving in that direction, and this makes a big difference as you can see for yourself when you turn it off or on. Turning it off will change the color of the FFT signal to orange instead of the green, blue, red colors .
I have added 2 custom stop loss types as well for experimentation:
1. VMA Filter stop loss to exit the trade if the VMA detects a market trend direction change matching the rules you have set. I have set this to off by default, but it is there so you can see what affect it may have on other tickers. It can increase the profit factor but usually at a cost of net profit.
2. The Aroon Filter stop loss with different lengths for the short or long direction. For the Aroon strategy (which is a trend change detector) it is considered bullish if the upper line (green in my code) is above 70 and the lower line (red in my code) is below 30 and the opposite for the bearish case. With this in mind, I have set it to filter by default only the extreme ends (99 and 1) to increase profit factor and net profit but I encourage you to try different settings and see how it affects things. Turning this off yields much higher net profit but at the cost of the profit factor and drawdown . To disable this just uncheck the 'Use Aroon Filter Long' (or short) and it will also hide the aroon graphics and crosses on the plot.
I will be adding more features in an attempt to lower the drawdown on this strategy but I hope you enjoy what I have so far!
Trend #4 - ATR+EMA channelOverview:
This strategy use ATR to take-profit, Red-EMA to stop-loss, Blue-EMA channel to judgment breakout.
This strategy use commission setting is 0.05%, slippage setting is 2 ticks, you can set the appropriate value size in the properties page.
What it does:
This strategy detects when a trend is emerging and buy or sell.
How it does it:
When the price breaks through the blue EMA channel, the trend is judged to be strong in the short term, strategy generates a buy or sell order.
After buying or selling,, if the price moves in the expected direction, uses ATR to determine the appropriate spread to take profit, otherwise use red EMA for stop loss.
How to use it:
Start Date and Stop Date - This parameter adjusts the time range used by the strategy.
Stoploss - This parameter adjusts the stop loss amount after each order is placed.
Blue EMA length - This parameter adjusts the length of the channel.
Blue EMA multy - This parameter adjusts the width of the top and bottom of the channel.
ATR Period - This parameter adjusts the number of candles used by the ATR.
ATR mult - This parameter adjusts the upper and lower widths of the ATR. Lowering this parameter can improve the win rate, but not necessarily the profitability.
Red EMA length - This parameter adjusts the number of candles used by the red EMA .
Long - This switch is used to turn Long position on or off.
Short - This switch is used to turn short position on or off.
[D] Dudu 95 Strategy Template ver.1.1.Hello Guys! Nice to meet you all!
This is my Second script after changing My Profile Name!
I updated my strategy template before - I added some filter conditions (EMA, ADX, DMI).
If there's something to update, I will update this script!
Thank you!
-----
I made this based on the open source strategies by jason5480, kevinmck100, myncrypto.
Thank you All!
### Filter
1. Can Choose whether to use filter.
2. Filters Based on ATR, EMA, ADX, and DMI are ready to use.
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
[DuDu95] SSL 4C MACD Laugerre RSI StrategyHello Guys! Nice to meet you all!
Before I start, my nickname has changed to 'DuDu95'!!
This is the Strategy introduced by youtube channel.
I made this based on the open source indicator by kevinmck100, vkno422, KivancOzbilgic. Thank you All!
### Entry Logic
1. Long Entry Logic
- close > SSL Hybrid baseline upper k (keltner channel)
- macd signal > 0 and current MACD value > previous MACD value
- Laguerre RSI < overbought Line.
2. short Entry Logic
- close < SSL Hybrid baseline lower k (keltner channel)
- macd signal < 0 and current MACD value < previous MACD value
- Laguerre RSI > overbought Line.
### Exit Logic
1. Long Exit Logic
- close < SSL Hybrid baseline lower k (keltner channel)
- macd signal < 0
2. short Entry Logic
- close > SSL Hybrid baseline upper k (keltner channel)
- macd signal > 0
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
[fpemehd] Strategy TemplateHello Guys! Nice to meet you all!
This is my fourth script!
This is the Strategy Template for traders who wants to make their own strategy.
I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All!
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Simple and Profitable Scalping Strategy (ForexSignals TV)Strategy is based on the "SIMPLE and PROFITABLE Forex Scalping Strategy" taken from YouTube channel ForexSignals TV.
See video for a detailed explaination of the whole strategy.
I'm not entirely happy with the performance of this strategy yet however I do believe it has potential as the concept makes a lot of sense.
I'm open to any ideas people have on how it could be improved.
Strategy incorporates the following features:
Risk management:
Configurable X% loss per stop (default to 1%)
Configurable R:R ratio
Trade entry:
Based on stratgey conditions outlined below
Trade exit:
Based on stratgey conditions outlined 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
Debugging:
Includes section with useful debugging techniques
Strategy conditions
Trade entry:
LONG
C1: On higher timeframe trend EMAs, Fast EMA must be above Slow EMA
C2: On higher timeframe trend EMAs, price must be above Fast EMA
C3: On current timeframe entry EMAs, Fast EMA must be above Medium EMA and Medium EMA must be above Slow EMA
C4: On current timeframe entry EMAs, all 3 EMA lines must have fanned out in upward direction for previous X candles (configurable)
C5: On current timeframe entry EMAs, previous candle must have closed above and not touched any EMA lines
C6: On current timeframe entry EMAs, current candle must have pulled back to touch the EMA line(s)
C7: Price must break through the high of the last X candles (plus price buffer) to trigger entry (stop order entry)
SHORT
C1: On higher timeframe trend EMAs, Fast EMA must be below Slow EMA
C2: On higher timeframe trend EMAs, price must be below Fast EMA
C3: On current timeframe entry EMAs, Fast EMA must be below Medium EMA and Medium EMA must be below Slow EMA
C4: On current timeframe entry EMAs, all 3 EMA lines must have fanned out in downward direction for previous X candles (configurable)
C5: On current timeframe entry EMAs, previous candle must have closed above and not touched any EMA lines
C6: On current timeframe entry EMAs, current candle must have pulled back to touch the EMA line(s)
C7: Price must break through the low of the last X candles (plus price buffer) to trigger entry (stop order entry)
Trade entry:
Calculated position size based on risk tolerance
Entry price is a stop order set just above (buffer configurable) the recent swing high/low (long/short)
Trade exit:
Stop Loss is set just below (buffer configurable) trigger candle's low/high (long/short)
Take Profit calculated from Stop Loss using R:R ratio
Credits
"SIMPLE and PROFITABLE Forex Scalping Strategy" taken from YouTube channel ForexSignals TV
SSL + Wave Trend StrategyStrategy 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: SSL Hybrid baseline is BLUE
C2: SSL Channel crosses up (green above red)
C3: Wave Trend crosses up (represented by pink candle body)
C4: Entry candle height is not greater than configured threshold
C5: Entry candle is inside Keltner Channel (wicks or body depending on configuration)
C6: Take Profit target does not touch EMA (represents resistance)
SHORT
C1: SSL Hybrid baseline is RED
C2: SSL Channel crosses down (red above green)
C3: Wave Trend crosses down (represented by orange candle body)
C4: Entry candle height is not greater than configured threshold
C5: Entry candle is inside Keltner Channel (wicks or body depending on configuration)
C6: Take Profit target does not touch EMA (represents support)
Trade exit:
Stop Loss: Size configurable with NNFX ATR multiplier
Take Profit: Calculated from Stop Loss using R:R ratio
Credits
Strategy is based on the YouTube video "This Unique Strategy Made 47% Profit in 2.5 Months " by TradeSmart.
It combines the following indicators to determine trade entry/exit conditions:
Wave Trend: Indicator: WaveTrend Oscillator by @LazyBear
SSL Channel: SSL channel by @ErwinBeckers
SSL Hybrid: SSL Hybrid by @Mihkel00
Keltner Channels: Keltner Channels Bands by @ceyhun
Candle Height: Candle Height in Percentage - Columns by @FreeReveller
NNFX ATR: NNFX ATR by @sueun123
MTF Supertrend [Trading Nerd]Trend Trading Strategy using Supertrends
Backtesting Script that uses a multitimeframeanalysis of the Supertrend Indicator. The trend direction is determind by a higher Timeframe (TF) Supertrend. The entry Signals are given by the Supertrend of the current TF. The script is NOT repainting (the script takes the previous value of the higher TF Supertrend, if the higher TF candle is not confirmed yet).
Strategy Conditions
Longs:
The higher TF Supertrend has to be green
The current TF Supertrend change from red to green
Shorts:
The higher TF Supertrend has to be red
The current TF Supertrend change from green to red
Optional:
Option: If enabled also a trend chage of the higher TF Supertrend is a valid Entry Signal
If enabled Signals are discarded if the ADX is below the value
Take Profit
On default there is no Take Profit. You can activate a Risk Reward Based Take Profit target trough the option. Also a Partial Take Profit is possible.
Stop Loss
The default Stop Loss Strategy is a Trailing Stoploss. As trailing Price the current TF Supertrend is used.
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).
3Commas Dollar cost averaging trading system (DCA)As investors, we often face the dilemma of willing high stock prices when we sell, but not when we buy. There are times when this dilemma causes investors to wait for a dip in prices, thereby potentially missing out on a continual rise. This is how investors get lured away from the markets and become tangled in the slippery slope of market timing, which is not advisable to a long-term investment strategy.
Skyrex developed a complex trading system based on dollar-cost averaging in Quick Fingers Luc's interpretation. It is a combinations of strategies which allows to systematically accumulate assets by investing scaled amounts of money at defined market cycle global support levels. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per asset thus even during market slumps only a small bounce is required to reach take profit.
The strategy script monitors a chart price action and identifies bases as they form. When bases are reached the script provides entry actions. During price action development an asset value can go lower and in this way the script will perform safety entries at each subsequent accumulation levels. When weighted average entry price reaches target profit the script will perform a take profit action.
Bases are identified as pivot lows in a fractal pattern and validated by an adjustable decrease/rise percentage to ensure significancy of identified bases. To qualify a pivot low, the indicator will perform the following validation:
Validate the price rate of change on drops and bounces is above a given threshold amount.
Validate the volume at the low pivot point is above the volume moving average (using a given length).
Validate the volume amount is a given factor of magnitude above is above the volume moving average.
Validate the potential new base is not too close to the previous range by using a given price percent difference threshold amount.
A fractal pattern is a recurring pattern on a price chart that can predict reversals among larger, more chaotic price movements.
These basic fractals are composed of five or more bars. The rules for identifying fractals are as follows:
A bearish turning point occurs when there is a pattern with the highest high in the middle and two lower highs on each side.
A bullish turning point occurs when there is a pattern with the lowest low in the middle and two higher lows on each side.
Basic dollar-cost averaging approach is enhances by implementation of adjustable accumulation levels in order to provide opportunity of setting them at defined global support levels and Martingale volume coefficient to increase averaging effect. According to Quick Fingers Luc's principles trading principles we added volume validation of a base because it allows to confirm that the market is resistant to further price decrease.
The strategy supports traditional and cryptocurrency spot, futures , options and marginal trading exchanges. It works accurately with BTC, USD, USDT, ETH and BNB quote currencies. Best to use with 1H timeframe charts and limit orders. The strategy can be and should be configured for each particular asset according to its global support and resistance levels and price action cycles. You can modify levels and risk management settings to receive better performance
The difference between core script and this interpretation is that this strategy is specially designed for 3Commas bots
How to use?
1. Apply strategy to a trading pair your are interested in using 1H timeframe chart
2. Configure the strategy: change layer values, order size multiple and take profit/stop loss values according to current market cycle stage
3. Set up a TradingView alert to trigger when strategy conditions are met
4. Strategy will send alerts when to enter and when to exit positions which can be applied to your portfolio using external trading platforms
5. Update settings once market conditions are changed using backtests on a monthly period
Dollar cost averaging trading system (DCA)As investors, we often face the dilemma of willing high stock prices when we sell, but not when we buy. There are times when this dilemma causes investors to wait for a dip in prices, thereby potentially missing out on a continual rise. This is how investors get lured away from the markets and become tangled in the slippery slope of market timing, which is not advisable to a long-term investment strategy.
Skyrex developed a complex trading system based on dollar-cost averaging in Quick Fingers Luc's interpretation. It is a combinations of strategies which allows to systematically accumulate assets by investing scaled amounts of money at defined market cycle global support levels. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per asset thus even during market slumps only a small bounce is required to reach take profit.
The strategy script monitors a chart price action and identifies bases as they form. When bases are reached the script provides entry actions. During price action development an asset value can go lower and in this way the script will perform safety entries at each subsequent accumulation levels. When weighted average entry price reaches target profit the script will perform a take profit action.
Bases are identified as pivot lows in a fractal pattern and validated by an adjustable decrease/rise percentage to ensure significancy of identified bases. To qualify a pivot low, the indicator will perform the following validation:
Validate the price rate of change on drops and bounces is above a given threshold amount.
Validate the volume at the low pivot point is above the volume moving average (using a given length).
Validate the volume amount is a given factor of magnitude above is above the volume moving average.
Validate the potential new base is not too close to the previous range by using a given price percent difference threshold amount.
A fractal pattern is a recurring pattern on a price chart that can predict reversals among larger, more chaotic price movements.
These basic fractals are composed of five or more bars. The rules for identifying fractals are as follows:
A bearish turning point occurs when there is a pattern with the highest high in the middle and two lower highs on each side.
A bullish turning point occurs when there is a pattern with the lowest low in the middle and two higher lows on each side.
Basic dollar-cost averaging approach is enhances by implementation of adjustable accumulation levels in order to provide opportunity of setting them at defined global support levels and Martingale volume coefficient to increase averaging effect. According to Quick Fingers Luc's principles trading principles we added volume validation of a base because it allows to confirm that the market is resistant to further price decrease.
The strategy supports traditional and cryptocurrency spot, futures, options and marginal trading exchanges. It works accurately with BTC, USD, USDT, ETH and BNB quote currencies. Best to use with 1H timeframe charts and limit orders. The strategy can be and should be configured for each particular asset according to its global support and resistance levels and price action cycles. You can modify levels and risk management settings to receive better performance
Advantages of this script:
Strategy has high net profit of 255% at backtests
Backtests show high accuracy around 75%
Low Drawdowns of around 14% at backtests
Strategy is sustainable to market slumps and can be used for long-term trading
The strategy provides a large number of entries which is good for diversification
Can be applied to any market and quote currency
Easy to configure user interface settings
How to use?
1. Apply strategy to a trading pair your are interested in using 1H timeframe chart
2. Configure the strategy: change layer values, order size multiple and take profit/stop loss values according to current market cycle stage
3. Set up a TradingView alert to trigger when strategy conditions are met
4. Strategy will send alerts when to enter and when to exit positions which can be applied to your portfolio using external trading platforms
5. Update settings once market conditions are changed using backtests on a monthly period
LudovicaLudovica is a trend following strategy that works on intraday timeframes (15 minutes).
The stop loss is decided based on the last price movement, take profits are projected through a Fibonacci extension. Two different extensions are calculated, based on a filter that affects the last price movement it is chosen which one to use for take profits.
Money management is fixed fractional: regardless of the distance between entry point and stop loss, the risk on capital for each trade is decided by the user in the strategy inputs. Take profits from 1 to 4 plan to exit with 15% of the initial size, TPs from 5 to 8 plan to exit with 10% of initial size.
There is a trailing stop system to reduce the drawdown of the strategy (note that stop loss moves as the trade develops).
Take profits are limit orders, stops (loss or trailing) occur at candlestick close (set alerts on the strategy).
Optimized strategies selectable from input panel:
-ETHUSDTPERP 15 min
-CRVUSDTPERP 15 min v1
-CRVUSDTPERP 15 min v2
-SNXUSDTPERP 15 min
Other pairs in development and soon available.
This strategy is in beta stage.
[B_1] 15min Future Based on Pullback Condition
GENERAL INTRODUCTION:
This scripts is a trend catcher strategy, looking for entry points based on pullback condition.
HOW IT WORKS:
Entry Long: when price close above 15m Supertrend and an EMA line trend, MACD (12,26,9) below MACD signal (12,26,9), RSI(14) >50 & <80 and SAR is positive.
Exit Long: when price hit TPs or touch Stoploss.
Entry Short: when price close below 15m Supertrend and an EMA line trend, MACD (12,26,9) above MACD signal (12,26,9), RSI(14) <50 & >25 and SAR is negative.
Exit Short: when price hit TPs or touch Stoploss.
HOW TO USE IT:
1. Setup comment Long/Short: this setting used for auto trading. You can fill text to alert then in alert box of Tradingview, using {{strategy.order.comment}}.
2. Setup Entry
+ EMA Length: the EMA period to filter the trend (default is 30).
+ Buy/Sell ETH follow BTC: open long/short ETHUSDTPERP when BTCUSDT touch and reject SuperTrend 1H/2H/4H.
+ Long/Short again: Allow re-entry when price hit all TP or SL.
3. Setup Exit
+ Multi profit: Take profit levels are set according to the fibonacci levels.
+ Auto find TP: If having resistants in higher timeframe near TP1, TP1 will auto set at that resistant.
+ Stoploss: you have two options: Stoploss based on percentage or ATR.
+ When price hit TP1, you have two options: only move Stoploss to entry or active trailing.
4. Custom tools
+ SuperTrend MTF: they used for take multiprofit (you can show or hide them).
+ Table result.
BACKTEST:
Currently, the strategy is optimized for: BINANCE:ETHUSDTPERP . However it can also run on some other coins like: BINANCE:RUNEUSDTPERP , BINANCE:FILUSDTPERP , ...
Parameters for BINANCE:ETHUSDTPERP:
+ 01/01/2022 to present.
+ Order size starting: 01 contract.
+ commission fee: 0.02%
+ No leverage.
=> 475 trades, ratio profit: loss is 5800: 400.
If you want access to this scripts, please inbox to me, you are always welcome.
