OVERVIEW: This Grid trading strategy can help you maximize your profit in a ranging sideways market with no clear direction. INDICATOR: We can get some money by taking advantage of the movement of the price between the range we have determined. Short positions are opened while the price is rising, long positions are opened while the price is...
This script is just for reference to see the trading range. Do not use this strategy logic, it is just Test strategy. The trading range is colored depending on whether it is profitable or not. You can change the color if you want. When you declare the strategy, put (process_orders_on_close=true,calc_on_every_tick=true, max_boxes_count=500) in your script. Then it...
In essence, this strategy is a heavily smoothed range filter. This strategy includes a backtester and ability to connect it with your 3 commas bot(See adviced settings below) The calculation steps below gives an example on how signals are made: 1. Calculating the price movement using ATR, % change, standard deviation etc.. 2. Obtaining the smoothed price using...
This script is a modified version of my EHMA Range Strategy. EHMA Range Strategy In addition to the EHMA, this script works with a range around the EHMA (which can be modified), in an attempt to be robust against fake signals. Many times a bar will close below a moving average, only to reverse again the next bar, which eats away at your profits. Especially on...
The MY_SCALP strategy is designed to work with any instrument (cryptocurrency, stocks, forex). The working timeframe for scalping is small from 1 to 15 minutes, and for trend trading from 30 minutes. Signals are generated based on the price range (channel) within which the price of the instrument moves. When the price of the channel breaks up, we expect an...
What is the Range Filter + MA Strategy? This premium indicator was inspired by my desire to find and place high probability forex trades in any market, direction, or time of day. Why Forex? The Forex markets operate 24 hours, 5.5 days a week Access to meaningful leverage Ability to easily trade long or short High liquidity How to use it! ----- First, start by...
█ 888 BOT #backtest (open source) This is an Expert Advisor 'EA' or Automated trading script for ‘longs’ and ‘shorts’, which uses only a Take Profit or, in the worst case, a Stop Loss to close the trade. It's a much improved version of the previous ‘Repanocha’. It doesn`t use 'Trailing Stop' or 'security()' functions (although using a security function doesn`t...
This strategy tries to mimic TradingLatino strategy. The current implementation is beta. Si hablas castellano o espanyol por favor consulta MENSAJE EN CASTELLANO más abajo. It's aimed at BTCUSDT pair and 4h timeframe. STRATEGY DEFAULT SETTINGS EXPLANATION max_bars_back=5000 : This is a random number of bars so that the strategy test lasts for one or two...
**This is my first strategy on the Pine editor, any tips or tricks from the community would be awesome! This strategy was developed from my indicator "cATRpillar". it uses the ATR range values to determine entry, and uses EMA values to determine an exit if the market goes against it.
Example how to set the time range window to be backtested for both entries and exits. Additional examples are also included showing how to set the date range and toggle plot visibility. By incorporating this code with your own strategy's logic, it will allow you to backtest various time windows. Much gratitude to @LucF and @a.tesla2018 for help with including...
This is the last of the 'RePaNoCHa' script for Automatic Trading ;-) ... This time with two take profits ... It Use 6 indicators + volume: -JURIK MOVING AVERAGE -RANGE FILTER -ADX -PARABOLIC SAR -RSI + VOLUME WEIGHTED -MACD -VOLUME To close the position you can choose between 2 Take Profit and the amount to use on each one. You can transform it yourself into...
Script for automatic trading (Backtest). This is the second part of the previous RePanoCHa script but with Take Profit. It Use 6 indicators + volume: -JURIK MOVING AVERAGE -RANGE FILTER (from Donovan Wall) -ADX (ORIGINAL VERSION) -PARABOLIC SAR -RSI + VOLUME WEIGHTED -MACD -VOLUME To close the position you can choose between Take Profit only, Trailing Stop only...
Once market opens, the strategy calculates the price to send a stop buy order The order is calculated as the sum of yesterday's range multiplied by a special number and today's open price System has no stops yet System closes the position on session close The performance is quite good Feel free to use it and trade it Good luck and good trading
Example how to automatically set the date range window to be backtested from X days or weeks ago to present. Additional options are also included to manually set the date range or to show entire range available. Normally when you change chart period it changes the number of days being backtested, which means as you increase the chart period (for example from 5min...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Backtest of the same previous script with alerts. Range Filter + ADX + SAR + Trailing Stop + Take Profit
This strategy is designed for trading stocks and crypto currencies on the long side. It uses three different timeframes to determine the most profitable entry prices (Day, 4 hour and chart interval). The strategy employs ten different setups to accommodate both range trading and trend following markets. The system contains sophisticated algorithms that scale...