Daveatt

Algorithm Builder (Signal version)

Daveatt Updated   
Gentlemen traders

As promised, here's the Algorithm Builder (Signal Version) that is an alternative version of that previous indicator : Strategy-Builder-Crypto-Single-Trend-Plots/
This one was quite successful and already 11 person bought for me which is unbelievable. Thank you so much guys for your appreciation of my work

The script of this present post is still invite-only because it required years in the making (it's the fruit of all my errors and trials while trading for the past 7 years and when developing trading bots for traders professionally)

What's the Algorithm Builder?
Simply put, the indicator will detect the confluence/convergence of multiple unrelated indicators and alert you when the ones YOU selected will be in the same direction. (if you didn't understand this it's because I'm french)
For example, let's say you select a MM cross and MACD, whenever the MM cross will be green/bullish AND MACD green/bullish also, you'll get a nice .... wait for it..... green/bullish /diamond. Starting to see what I meant before now :)
Not sure if I should go as far as introducing the other example but let's go for it. Still, in the same spirit, a confluence of red/bearish MM cross and red/bearish MACD will give .... (finish the sentence and you'll get my appreciation. hint: the color of the diamond will be red)

So what's cool about it now ... or I should say even cooler... even more awesome (Barney Stinson, please hive five me for this tool...) is that it can be plugged in a single click to a complete Backtest engine
I inspired myself greatly from the Pinescripters Backtesting-Trading-Engine-PineCoders/ but had to make changes to adapt it to my tool.
It took me a few days of work and I'll share it also tomorrow so please stay tuned and give me a follow so that you'll be updated

In the Backtester itself, I added some features like :
- Stop-loss based on supertrend
- Hard Exit based on indicators used by the Algorithm Builder
I just made it more relevant for my indicator

Performance sir?
The period selected for the screenshot below is the last 3 months
Here's a preview of what you should expect tomorrow as well https://imgur.com/a/8RjnS2N

There isn't a BEST configuration for the tool. I made one that matches my psychology and capital. You'll have to find yours by playing with it or asking me for a bit of help if you're lost
Will require a bit of work but could be very worth it in the end :)

What's next sir?
I'm perfectly aware that the indicator doesn't give a lot of signals and that's because it's an entry-level version of all the Algorithm Builders I'm selling now and will be available on my website by end of August (along with the website itself)

More advanced versions already made allow to :
- get more entries
that one is the best addition, in my opinion, it multiplies the gains (and losses :P) as it allows some orders pyramiding and to reinforce a position if the trend is very strong. You won't have to do anything, just to wait for the alerts by email/sms from TradingView
- multiple take profit levels
- connected to systems like Autoview/ProfitView to automatize even more your trading and send those signals to your broker directly (I will strongly advise starting with a demo account for 1 week or 2 here, I don't want you to burn your capital if any unexpected bad event will happen)
- screener

If you're interested please message me. I can develop your custom indicator/strategy/backtest/automatic system or if you're ready the take the leap of faith and try this indicator or the more advanced versions

And before I get asked, yes this is the tool I use for my own trading as initially, I made it for me. Now sharing a bit of my work (and too much of my life) with the community

PS
____________________________________________________________

Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future.

- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python

- if you like my work and wants to buy me some coffee :
- BTC TipJar: 3MKDve7stWTe1io99oFxeQXvP8XB4zCQ8m
- LTC TipJar: MC5oeBAhw9BLqyi65TR3J1Lid8io9uHADw
Release Notes:
- Fixed a small bug
Release Notes:
- Fixed another bug.... :)
Please re-download for the invited users

👨‍💻 Need help you with your FTMO/TopStep verif?

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📧 dave@best-trading-indicator

Telegram: Daveatt

⏩ Course: best-trading-indicator.com

Twitter: twitter.com/bti_trading
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Daveatt for more information, or follow the author's instructions below.

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