Altseason Index | AlchimistOfCrypto
🌈 Altseason Index | AlchimistOfCrypto – Revealing Bitcoin-Altcoin Dominance Cycles 🌈
"The Altseason Index, engineered through advanced mathematical methodology, visualizes the probabilistic distribution of capital flows between Bitcoin and altcoins within a multi-cycle paradigm. This indicator employs statistical normalization principles where ratio coefficients create mathematical boundaries that define dominance transitions between cryptographic asset classes. Our implementation features algorithmically enhanced rainbow visualization derived from extensive market cycle analysis, creating a dynamic representation of value flow with adaptive color gradients that highlight critical phase transitions in the cyclical evolution of the crypto market."
📊 Professional Trading Application
The Altseason Index transcends traditional sentiment models with a sophisticated multi-band illumination system that reveals the underlying structure of crypto sector rotation. Scientifically calibrated across different ratios (TOTAL2/BTC, OTHERS/BTC) and featuring seamless daily visualization, it enables investors to perceive capital transitions between Bitcoin and altcoins with unprecedented clarity.
- Visual Theming 🎨
Scientifically designed rainbow gradient optimized for market cycle recognition:
- Green-Blue: Altcoin accumulation zones with highest capital flow potential
- Neutral White: Market equilibrium zone representing balanced capital distribution
- Yellow-Red: Bitcoin dominance regions indicating defensive capital positioning
- Gradient Transitions: Mathematical inflection points for strategic reallocation
- Market Phase Detection 🔍
- Precise zone boundaries demarcating critical sentiment shifts in the crypto ecosystem
- Daily timeframe calculation ensuring consistent signal reliability
- Multiple ratio analysis revealing the probabilistic nature of market capital flows
🚀 How to Use
1. Identify Market Phase ⏰: Locate the current index relative to colored zones
2. Understand Capital Flow 🎚️: Monitor transitions between Bitcoin and altcoin dominance
3. Assess Mathematical Value 🌈: Determine optimal allocation based on zone location
4. Adjust Investment Strategy 🔎: Modulate position sizing based on dominance assessment
5. Prepare for Rotation ✅: Anticipate capital shifts when approaching extreme zones
6. Invest with Precision 🛡️: Accumulate altcoins in lower zones, reduce in upper zones
7. Manage Risk Dynamically 🔐: Scale portfolio allocations based on index positioning
Statistics
TP/SL calcJust draw lines on top and bottom of entry price line.
-1% and +1%
-2% and +2%
-10% and +10%
ATR Trailing Stop Loss (Long & Short)This script provides a simple yet effective trailing stop loss system based on the Average True Range (ATR). It dynamically plots both long-side and short-side trailing stop levels on the price chart, making it suitable for discretionary traders, algorithmic developers, and intraday scalpers who want visual guidance on dynamic risk levels.
🔍 What It Does
Calculates ATR-based trailing stop levels:
Long Stop = Close - ATR × Multiplier
Short Stop = Close + ATR × Multiplier
Plots these levels as overlay lines directly on the chart
Colors the background red when price drops below the long stop (possible exit for longs) and blue when price exceeds the short stop (possible exit for shorts)
⚙️ Customizable Settings
Lookback Period for ATR: Change the sensitivity of the ATR calculation
ATR Multiplier: Adjust how tight or loose the trailing stop should be
Line Color: Personalize how the stop lines look on your chart
🧠 Why Use ATR for Stops?
The Average True Range (ATR) is a volatility-based indicator that helps dynamically adapt stop-loss levels to current market conditions. This avoids overly tight stops in volatile markets and too-loose stops during quiet sessions. This script respects those changes in market rhythm by adjusting trailing stops accordingly.
✅ Ideal For:
Futures, crypto, FX, and Equities
Traders using trend-following systems or discretionary price action setups
Anyone wanting a volatility-adjusted trailing exit instead of fixed dollar stops
📌 How to Use It
Add this script to your chart
Adjust the ATR length and multiplier based on your timeframe and asset
Watch for price interaction with the stop levels to consider manual exits or trailing logic
Combine with confirmation signals, trend indicators, or volume analysis for even better results
Advance Trading StrategyStrategy Description: Advance Trading Strategy uses:
Fast (12) & Slow (21) EMAs for trend determination via crossovers.
ADX (14) with manual smoothing to confirm trend strength; threshold settable (default 20).
ATR-based stop-loss and take-profit levels (multipliers configurable).
Visual signals: BUY/SELL labels on crossover when ADX
1D-4H 36 EMA Sync Table (Color Adjusted)This indicator show in table synch of 1D & 4h tf based on 36 EMA.
DataMap Free TrialOverview of the Script
The "DataMap" indicator is an overlay tool that visualizes key price levels to assist traders in identifying support, resistance, and liquidity zones. It operates on the following principles:
Statistical based Projection Levels:
For daily, (Pro Version weekly, and monthly) timeframes, the script calculates key levels (e.g., open, manipulation, pivot zone, distribution, extension, exhaustion, extremity) based on the opening price adjusted by the standard deviation of price movements.
These levels are plotted as horizontal lines with customizable styles, colors, and labels.
Alerts are triggered when the price crosses these levels (once per crossing, reset daily/(Pro
Version weekly/monthly)).
PRO VERSION :
Previous High/Low Levels (HTF Liquidity):
Plots previous daily highs/lows (PDH/PDL), weekly highs/lows (PWH/PWL), and monthly highs/lows (PMH/PML).
Levels change color when mitigated (price crosses above highs or below lows).
Alerts are triggered on crossings, with resets based on the timeframe (daily, weekly, monthly).
PRO VERSION:
Intraday Liquidity Levels:
Tracks highs and lows during predefined trading sessions (Asia, London, NY AM, NY Lunch, NY PM) in the America/New_York timezone.
Levels are plotted as lines and can be extended until mitigated or past mitigation, with options to hide mitigated levels.
PRO VERSION:
Alerts are triggered when session highs or lows are broken.
Customization:
Extensive input settings allow users to toggle visibility, adjust colors, line styles, label sizes, and historical data limits.
Supports different tick sizes and precision for accurate price display.
ICT UltimateThe ICT Ultimate is a sleek, fully automated trading powerhouse that fuses the best tactics from top ICT traders into one razor-sharp model. It’s built to nail market moves with pinpoint accuracy, slick risk control, and no emotional baggage. This is your go-to for crushing it in the markets, hands-free. The ultimate ICT edge—done and dusted.
Ivo PulseThe Ivolution Pulse Indicator provides an integrated suite of tools designed to assist traders in analyzing market volatility, trend dynamics, and momentum confluence for potentially clearer market insights. It is intended for various trading styles, including day trading and swing trading, across multiple asset classes available on TradingView.
Core Concepts & Methodology:
Ivolution Pulse combines several analytical concepts into a unified visual framework, emphasizing the principle of confluence where multiple conditions should align to highlight potential opportunities.
Dual Trend Clouds:
Function: Visualize short-term momentum (Green/Red areas) and the longer-term trend (Blue/Orange areas) for quicker trend assessment. These clouds also serve as dynamic support/resistance zones and aid in trend filtering.
Calculation Concept: Based on the relationship and crossovers of exponential moving averages (EMAs).
Key EMA (Yellow Line):
Function: Tracks a dynamic EMA level, providing a crucial reference point often acting as support or resistance.
Integrated Volatility Squeeze Detector:
Function: Identifies periods of range contraction (low volatility), helping traders anticipate potential volatility expansions. Visual cues indicate the presence and intensity of the compression.
Calculation Concept: Compares the relationship between Bollinger Bands and Keltner Channels. Includes a momentum component (based on linear regression) to gauge potential directionality during the squeeze.
Entry Signals (Standard & Confirmed):
Function: Provides potential entry signals derived from the script's internal confluence logic. Standard signals (Aqua/Purple triangles) may indicate earlier possibilities, while Confirmed signals (Green/Red triangles) flag setups requiring more stringent confirmation (often incorporating volatility expansion), aiming to highlight potentially higher-probability scenarios.
Calculation Concept: Signals require a confluence of multiple conditions derived from the script's components. Factors considered include: alignment of trend clouds, price position relative to the Key EMA, momentum direction, volatility status, Heikin Ashi patterns, and the slope of the Key EMA. The specific combination differs between Standard and Confirmed signals, reflecting a layered confirmation approach.
Automatic Potential Target Levels:
Function: Plots potential price target levels, offering objective, volatility-based reference points for trade management planning.
Calculation Concept: Calculated by projecting user-configurable multiples of the Average True Range (ATR) from the entry bar.
Market Internals (Optional):
Function: For traders analyzing indices like SPX/ES, optionally displays NYSE TICK, ADD, and Up/Down Volume Ratio to add context regarding overall market breadth.
Calculation Concept: Fetches data for USI:TICK, USI:ADD, USI:UVOL, USI:DVOL. Extreme readings relative to user-defined thresholds can provide additional market sentiment context.
Built-in Alert Conditions:
Function: Allows users to create standard TradingView alerts for key script events, facilitating timely awareness of signal occurrences or target levels being reached.
How to Use:
Interpret signals within the broader market context. Look for entries where signals align with the dominant trend (indicated by clouds/dashboard). Leverage the dashboard for efficient confirmation of multiple factors. Use the Key EMA to gauge potential support/resistance interactions. Utilize the squeeze detector to prepare for potential shifts in volatility. Target levels provide objective reference points for developing trade management strategies.
Unique Value:
While utilizing established analytical concepts (EMAs, ATR, Squeeze, etc.), Ivolution Pulse integrates them into a cohesive system designed to synthesize information and generate easy-to-follow signals. Its primary value lies in the specific confluence logic applied—aiming to filter potential entry signals—and the consolidation of multiple analytical viewpoints into the visual clouds and status dashboard. This integration seeks to streamline the analysis process and highlight conditions where multiple technical factors are in alignment.
Disclaimer:
Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Ivolution Pulse is a tool for analysis and does not constitute financial advice or guarantee profits. Always use proper risk management and trade responsibly.
Strategy ChecklistHave your rules right where you can see them and see in a split second if the trade meets your required rules.
Small (adjustable) table on the bottom right of your screen with all your rules (up to 10). Good to know:
Delete the text input text for a rule to delete the rule from the table
You can check rule(s) by going into the indicator settings and checking the checkbox for the desired rule(s)
Quantum Delta Zones with EnhancementsQuantum Delta Zones (QDZ)
Short Title: QDZ
Overview
The Quantum Delta Zones (QDZ) is a unique technical indicator designed to highlight high-probability order block zones in the market based on a combination of Delta Sensitivity, order block tightness, and volume-based filters.
This indicator helps traders to identify key support and resistance levels (bullish and bearish order blocks) that are backed by strong volume and optimal market structure. It employs advanced zone detection and automatic zone management (box creation and deletion) to enhance trade analysis.
The primary objective of QDZ is to provide clear, visually appealing support/resistance zones while factoring in market order flow dynamics, ensuring that you are trading at optimal levels with confirmed volume behind it.
Key Features
Delta Sensitivity: The indicator uses a body-to-range ratio to assess the "delta" between the body and wick of each candlestick, helping to identify strong order block formations based on market sentiment.
Order Block Tightness: A filter is used to detect small, tight order blocks where price action shows accumulation (small body candles) near high-probability levels.
Projection Distance: The ability to project the detected order block zones into the future, providing an idea of where price might react based on historical price action.
Fade Strength: Allows you to adjust the transparency of the projected zones, giving you visual flexibility depending on how prominent you want these order blocks to appear.
Volume Filter: A high-volume filter ensures that only zones with substantial volume (based on a moving average) are considered for box creation, preventing false signals and low-probability trades.
Auto Box Deletion: When the market invalidates a zone (price moves beyond the zone’s projected area), the boxes are automatically deleted to keep the chart clean.
Alerts: Built-in alerts for when a bullish or bearish order block is detected, providing real-time notifications of significant potential trading opportunities.
How it Works
Step-by-Step Explanation:
Delta Sensitivity:
A candlestick is considered "Bullish" if the closing price is above the opening price and the body-to-range ratio is above the user-defined delta Sensitivity.
A candlestick is considered "Bearish" if the closing price is below the opening price with the same body-to-range ratio criteria.
Order Block Tightness:
The indicator looks for tight order blocks, where the body-to-range ratio is below the orderBlock Tightness setting, indicating small candles that may represent accumulation or distribution zones.
Volume Filter:
The indicator applies a filter to check if the volume is above the 50-period simple moving average (SMA) and multiplied by the user-defined volume Multiplier. Only zones with sufficient volume are considered.
Box Creation:
Once a valid order block is detected, the corresponding bullish or bearish box is drawn on the chart. These boxes extend forward by the number of bars specified by projection Bars.
Box Deletion:
If the price moves against the order block (for example, if a bullish box is invalidated when the price closes below its bottom), the box is automatically deleted to keep your chart uncluttered.
Alert System:
Alerts can be set for both bullish and bearish order block detection, notifying traders of the formation of a potential market opportunity.
Inputs / Settings
Delta Sensitivity: The ratio between the candlestick body and its range. Higher values mean stronger bullish/bearish pressure is required to trigger the order block detection.
Order Block Tightness: Defines how tight or small an order block should be to qualify for detection. Smaller values are more sensitive to smaller candlesticks.
Projection Distance: The number of bars into the future that the identified order block should be projected. Useful for seeing potential future support/resistance zones.
Fade Strength: Defines the transparency level of the order block boxes. Higher values result in more transparent boxes, lower values make the boxes more opaque.
Auto Delete: Automatically deletes order blocks if they are invalidated by price action.
Volume Filter: When enabled, only order blocks formed with higher-than-average volume will be considered. This helps eliminate low-probability signals.
Volume Multiplier: Multiplies the average volume by this factor to determine whether the current volume qualifies as "high" for an order block detection.
Visuals
Bullish Order Block: A green box is drawn when a bullish order block is detected. The box is projected forward based on the projection Bars setting.
Bearish Order Block: A red box is drawn when a bearish order block is detected. Similar to the bullish box, it is projected forward.
Fading: Both bullish and bearish boxes fade based on the fade Strength, making the most recent zones more visible while fading out older, less relevant zones.
How to Use in Trading
Bullish Order Block:
A bullish order block is a potential buy area. Once price retraces to the bottom of a detected bullish box, traders may consider it a buy zone, especially if it aligns with other technical factors (e.g., support, trend).
Bearish Order Block:
A bearish order block is a potential sell area. Once price retraces to the top of a detected bearish box, traders may consider it a sell zone, particularly in downtrends or near resistance.
Risk Management:
The projection Bars setting helps to set a clear projection distance. Traders should use their own risk management strategies, such as stop-loss placements below/above the order block zones, and take-profit levels based on market conditions.
Volume Confirmation:
The Volume Filter can be very useful for confirming order blocks. Trading only when an order block is accompanied by high volume ensures the zone has institutional or market-maker backing.
Box Deletion:
The Auto Delete feature automatically removes invalidated zones, keeping the chart clean and preventing you from trading out-of-date or broken levels.
Trading Strategy Example
Bullish Setup:
Look for a bullish order block (green box) formed after price has been trending down and volume is high.
Wait for price to retrace back into the order block zone.
Enter long at the bottom of the order block when price shows signs of support (e.g., bullish candlestick pattern).
Set stop-loss below the bottom of the order block and a take-profit target at a significant resistance level.
Bearish Setup:
Look for a bearish order block (red box) formed after price has been trending up and volume is high.
Wait for price to retrace back into the order block zone.
Enter short at the top of the order block when price shows signs of resistance (e.g., bearish candlestick pattern).
Set stop-loss above the top of the order block and a take-profit target at a significant support level.
Limitations
The QDZ indicator is based on historical price action, and while it is designed to identify areas of strong market participation, it does not guarantee future price behavior.
Traders should always combine this indicator with other technical analysis tools, such as trend analysis, oscillators, or fundamental factors, to improve their decision-making process.
Conclusion
The Quantum Delta Zones (QDZ) indicator is a powerful tool for traders looking to pinpoint high-probability order blocks that are backed by volume and strong market dynamics.
It integrates well with existing trading strategies by providing clear, actionable zones of support and resistance, while also offering advanced features like fade strength, auto-deletion, and volume filters.
Whether you're trading intraday or longer-term, this tool can be an essential part of your trading toolbox.
This is an educational idea, trade at your own desecration.
Regards.
EPS & Sales/Revenue Growth MarkerThis script plots the Revenue Growth and EPS Growth % on Earnings Date.
Idea Credit: Special thanks to @dharmeshrbhatt for inspiring the concept behind this tool.
Developed and Published by learningvitals.
Plots Revenue Growth % and EPS Growth % on earnings date.
Choose label position: Above Bar, Below Bar, Top, or Bottom.
Customizable growth colors based on combined EPS and Revenue performance.
Customizable line style and colors.
Controls max number of labels to keep the chart clean.
전통 EMA vs 트레이딩뷰 SMMA 방식 RSI 비교This script compares RSI values calculated using two different smoothing methods: traditional EMA (Exponential Moving Average) and SMMA (Smoothed Moving Average, also known as RMA).
You can adjust the RSI length and observe how the EMA-based RSI responds faster to price changes, while the SMMA-based RSI provides smoother and more stable signals
Future Candle Reversal Projection (Mastersinnifty)Overview
This tool identifies potential future market reversal zones by dynamically projecting pivot-based swing patterns forward in time. Unlike traditional ZigZag indicators that only reflect past movements, this indicator anticipates probable future turning points based on historical swing periodicity.
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Key Features
- Forward Projections: Calculates and projects future swing zones based on detected pivot distances.
- Customizable Detection: Adjust the ZigZag depth for different trading styles (scalping, swing, position).
- Dynamic Updates: Real-time recalibration as new pivots form.
- Clean Visual Markers: Projects reversal estimates as intuitive labels and dotted lines.
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How it Works
The indicator identifies significant swing highs and lows using a user-defined ZigZag depth setting. It measures the time (bars) and price characteristics of the latest swing movement. Using this pattern, it projects forward estimated reversal points at consistent intervals. Midpoint price levels between the last high and low are used for each future projection.
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Who Can Benefit
- Intraday and swing traders seeking advanced planning zones.
- Technical analysts relying on pattern periodicity.
- Traders who wish to combine projected reversal markers with their own risk management strategies.
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Disclaimer
This tool is an analytical and educational utility. It does not predict markets with certainty. Always combine it with your own analysis and risk management. Past behavior does not guarantee future results.
Sniper_1H_Gold_V2_Tightened_Apr27 True Veteran Energy (Been There, Done That, Still Standing)
"Experience don't chase — it waits. Robot10A24 strikes when the time is right, not a second before."
Funding Rate Strategy Indicator🚀 Funding Rate Strategy Indicator - Advanced Futures Trading Tool
🎯 Harness the Power of Funding Rates for Strategic Trading
The Funding Rate Strategy Indicator is a sophisticated trading tool designed for futures traders who want to capitalize on funding rate anomalies in cryptocurrency and derivatives markets.
This indicator monitors funding rate extremes and identifies potential trading opportunities when market sentiment becomes excessively skewed.
✨ Key Features
🔍 Funding Rate Monitoring: Automatically tracks funding rate values and identifies extreme conditions
📊 Volume Confirmation: Ensures signals are supported by increased trading volume
🕓 4-Hour Session Focus: Optimized for the critical 4-hour candle closings (03:00, 07:00, 11:00, 15:00, 19:00, 23:00)
🛑 Daily Signal Limits: Prevents overtrading by capping the number of signals per day
🚦 Visual Alerts: Clear visual indicators for both entry and exit signals
🎛️ Customizable Thresholds: Adjust long/short thresholds to match your risk tolerance
🧪 Backtesting Capability: Test the strategy against historical data with flexible take profit and stop loss settings
⚡ How It Works
The strategy follows a straightforward principle:
✅ When funding rates become extremely negative (≤ -2.00%) with volume confirmation, it generates LONG signals
✅ When funding rates become extremely positive (≥ +2.00%) with volume confirmation, it generates SHORT signals
This approach capitalizes on market imbalances, as extreme funding rates often indicate market sentiment reaching unsustainable levels – creating potential reversal opportunities.
🧠 Trading Logic
🎯 Signal Generation: The indicator monitors funding rates and volume changes to identify potential entry points
🎯 Entry Conditions: Triggers entries when funding rates cross your specified thresholds with volume confirmation
🚪 Exit Strategy: Closes positions when funding rates normalize or when take profit/stop loss levels are reached
🛡️ Risk Management: Includes options for trailing stops, fixed take profit, and stop loss levels
🔥 Perfect For
💹 Cryptocurrency futures traders
🔍 Market sentiment analysts
⚙️ Traders focusing on derivatives markets
🚀 Anyone looking to capitalize on funding rate market mechanics
🚀 Getting Started
Simply add the indicator to your chart, adjust the thresholds to match your preferred risk level, and start monitoring for signals.
🖥️ The clean visual interface displays current funding rates, position status, and profit information at a glance.
HFT Breakpoint (V1)HFT Strategy for Futures and Stocks.
Market Making, Momentum Ignition, Order Anticipation
Lets me know if you want to collaborate on this strategy!
Money Supply - Growth (Saygın/Ichizo)True Inflation-Adjusted Value - Indicator Explanation
This indicator estimates a "true" inflation-adjusted asset price by comparing the growth in money supply against real economic growth.
Data Sources:
M2 Money Supply (United States) → FRED:M2SL
Gross Domestic Product (GDP) (United States) → FRED:GDP
Calculation Logic:
True inflation is approximated by Money Supply Growth - Real GDP Growth.
If the money supply expands faster than the economy, the excess is considered "real inflation."
The asset’s original price is then adjusted based on this cumulative inflation estimate.
Current Scope:
The indicator uses only U.S. macroeconomic data (M2 and GDP) because U.S. data is the most reliable and frequently updated on TradingView.
Other countries' data (such as Turkey or Europe) are not included due to limited or inconsistent availability.
Important Notes:
The indicator automatically works on any asset (coin, stock, forex, etc.).
Recommended timeframes are , 1D, 1W or more because macroeconomic data updates monthly.
At intraday timeframes below 4H, the calculations may become unreliable and a warning will appear.
Summary: This provides a rare and realistic perspective on an asset’s "true" valuation by filtering out inflation distortions caused by monetary expansion.
Real True Value Adjusted - Saygın/IchizoOption
CPI = Inflation-adjusted asset price (CPI only)
M2= Money supply adjusted asset price (M2 only)
CPI + M2= Inflation + Money Printing adjusted price (very pure)
Gold Asset price compared to Gold price (XAUUSD)
None Original raw asset price
Works on ANY asset (coin, stock, forex) automatically.
Recommended timeframe: 4H, 1D, 1W (because CPI and M2 are monthly updated).
Extremely rare and powerful perspective for true valuation.
Quarterly Fundamentals Table by GauravThis Pine Script v3 overlay paints a compact, six‐column table in the top‐right of your chart that begins with your stock’s market capitalization and sector/industry, then lays out quarterly fundamentals—Sales, Sales QoQ%, PAT, PAT QoQ% and OPM%—across the most recent four fiscal quarters (dynamically labeled by month and year). It pulls data via request.financial(), formats large numbers into lakhs/crores, calculates quarter‐over‐quarter growth, and sizes text for clarity, giving swing traders an at‐a‐glance view of key fundamental trends alongside price action.
Momentum Wave Oscillator📈 Momentum Wave Oscillator (MWO) 📈
The Momentum Wave Oscillator (MWO) is a precision-designed tool for traders who want early, reliable insight into market shifts — before they fully appear on price charts.
Instead of reacting late to moves, MWO is engineered to anticipate changes in momentum by tracking market pressure within a dynamic range.
Its built-in bands and visual cues make it simple to spot key moments where momentum exhaustion, reversals, or fresh breakouts are most likely to occur.
How to Use:
Buy Zones: When the oscillator moves up from lower regions (typically below 20), it may indicate momentum building to the upside.
Sell Zones: When the oscillator moves down from upper regions (typically above 80), it may suggest momentum starting to weaken.
Dynamic Bands:
Unlike conventional fixed levels like 20 and 80, MWO features dynamic adaptive bands that better reflect real-time changes in market behavior.
Markets are fluid — volatility and momentum strength vary from cycle to cycle. Static zones can miss important shifts or produce false signals.
The dynamic bands allow the indicator to adapt naturally to changing conditions, offering more precise context for overbought, oversold, or breakout environments.
Background Colors and Labels:
Automatic highlights appear when potential turning points are detected, allowing traders to act quickly without chart clutter.
Best Practices:
Use the MWO as a confirmation tool alongside your existing strategy (trendlines, support/resistance, volume spikes, etc.).
Look for agreement between the MWO and price action for higher probability entries.
Avoid relying on it in isolation during extremely low-volume periods, where momentum may appear artificially weak or strong.
Adjust sensitivity settings depending on your trading style (scalping vs swing trading).
Important Note:
The MWO is designed for educational and informational purposes. No indicator can predict the future with certainty. Always combine it with proper risk management and your personal trading plan.
[Kpt-Ahab] Simple AlgoPilot Riskmgt and Backtest Simple AlgoPilot Riskmgt and Backtest
This script provides a compact solution for automated risk management and backtesting within TradingView.
It offers the following core functionalities:
Risk Management:
The system integrates various risk limitation mechanisms:
Percentage-based or trailing stop-loss
Maximum losing streak limitation
Maximum drawdown limitation relative to account equity
Flexible position sizing control (based on equity, fixed size, or contracts)
Dynamic repurchasing of positions ("Repurchase") during losses with adjustable size scaling
Supports multi-stage take-profit targets (TP1/TP2) and automatic stop-loss adjustment to breakeven
External Signal Processing for Backtesting:
In addition to its own moving average crossovers, the script can process external trading signals:
External signals are received via a source input variable (e.g., from other indicators or signal generators)
Positive values (+1) trigger long positions, negative values (–1) trigger short positions
This allows for easy integration of other indicator-based strategies into backtests
Additional Backtesting Features:
Selection between different MA types (SMA, EMA, WMA, VWMA, HMA)
Flexible time filtering (trade only within defined start and end dates)
Simulation of commission costs, slippage, and leverage
Optional alert functions for moving average crossovers
Visualization of liquidation prices and portfolio development in an integrated table
Note: This script is primarily intended for strategic backtesting and risk setting optimization.
Real-time applications should be tested with caution. All order executions, alerts, and risk calculations are purely simulation-based.
Explanation of Calculations and Logics:
1. Risk Management and Position Sizing:
The position size is calculated based on the user’s choice using three possible methods:
Percentage of Equity:
The position size is a defined fraction of the available capital, dynamically adjusted based on market price (riskPerc / close).
Fixed Size (in currency): The user defines a fixed monetary amount to be used per trade.
Contracts: A fixed number of contracts is traded regardless of the current price.
Leverage: The selected leverage multiplies the position size for margin calculations.
2. Trade Logic and Signal Triggering:
Trades can be triggered through two mechanisms:
Internal Signals:
When a fast moving average crosses above or below a slower moving average (ta.crossover, ta.crossunder). The type of moving averages (SMA, EMA, WMA, VWMA, HMA) can be freely selected.
External Signals:
Signals from other indicators can be received via an input source field.
+1 triggers a long entry, –1 triggers a short entry.
Position Management:
Once entered, the position is actively managed.
Multiple take-profit targets are set.
Upon reaching a profit target, the stop-loss can optionally be moved to breakeven.
3. Stop-Loss and Take-Profit Logic:
Stop-Loss Types:
Fixed Percentage Stop:
A fixed distance below/above the entry price.
Trailing Stop:
Dynamically adjusts as the trade moves into profit.
Fast Trailing Stop:
A more aggressive variant of trailing that reacts quicker to price changes.
Take-Profit Management:
Two take-profit targets (TP1 and TP2) are supported, allowing partial exits at different stages.
Remaining positions can either reach the second target or be closed by the stop-loss.
4. Repurchase Strategy ("Scaling In" on Losses):
If a position reaches a specified loss threshold (e.g., –15%), an automatic additional purchase can occur.
The position size is increased by a configurable percentage.
Repurchases happen only if an initial position is already open.
5. Backtesting Control and Filters:
Time Filters:
A trading period can be defined (start and end date).
All trades outside the selected period are ignored.
Risk Filters: Trading is paused if:
A maximum losing streak is reached.
A maximum allowed drawdown is exceeded.
6. Liquidation Calculation (Simulation Only):
The script simulates liquidation prices based on the account balance and position size.
Liquidation lines are drawn on the chart to better visualize potential risk exposure.
This is purely a visual aid — no real broker-side liquidation is performed.
Max RR CalculatorAutomatically calculates the maximum RR reached during trade. Entry is at the candle close. There is an option available that takes another trade after getting stopped out on the next candle that is in same bias as first trade.
(If the first trade is a long and gets stopped out, then the second trade will wait until the next up candle to enter long again)
TradeTrackerLibrary "TradeTracker"
Simple Library for tracking trades
method track(this)
tracks trade when called on every bar
Namespace types: Trade
Parameters:
this (Trade) : Trade object
Returns: current Trade object
Trade
Has the constituents to track trades generated by any method.
Fields:
id (series int)
direction (series int) : Trade direction. Positive values for long and negative values for short trades
initialEntry (series float) : Initial entry price. This value will not change even if the entry is changed in the lifecycle of the trade
entry (series float) : Updated entry price. Allows variations to initial calculated entry. Useful in cases of trailing entry.
initialStop (series float) : Initial stop. Similar to initial entry, this is the first calculated stop for the lifecycle of trade.
stop (series float) : Trailing Stop. If there is no trailing, the value will be same as that of initial trade
targets (array) : array of target values.
startBar (series int) : bar index of starting bar. Set by default when object is created. No need to alter this after that.
endBar (series int) : bar index of last bar in trade. Set by tracker on each execution
startTime (series int) : time of the start bar. Set by default when object is created. No need to alter this after that.
endTime (series int) : time of the ending bar. Updated by tracking method.
status (series int) : Integer parameter to track the status of the trade
retest (series bool) : Boolean parameter to notify if there was retest of the entry price