FRAMA Strategy I found this strategy on internet, in a well-known forex forum. I have translated the two indicators mentioned in that strategy (originally in mq4) in pine script. Thanks to Fractured and Shizaru for the FRAMA snippets, to mejialucas for Supertrend snippet, to JayRogers for trade management snippet and to Trost for backtesting snippet. I also added...
Hello traders Someone requested the strategy version of the Supertrend CCI indicator It's a Supertrend not based on candle close but based on a CCI ( Commodity Channel Index ) How does it work? Bull event: CCI crossing over the 0 line Bear event: CCI crossing below the 0 line When the event is triggered, the script will plot the Supertrend as follow UP...
It is very similar to the previous version. I changed the function from study to a strategy, and added the Average true range to RMA again. I don't know the academic suitability, but using this strategy to trade the Altcoins market may have a good effect. refer to Binance for 0.1% of fees, starting from Q4...
Hello traders Sharing a sample Supertrend strategy to illustrate how to calculate a convergence and using it in a strategy I based the setup as follow: - Entries on Supertrend MTF breakout + moving average cross. Entering whenever there is a convergence - exit whenever a Simple Moving Averages cross in the opposite direction happen - possibility to filter only...
This is almost the same strategy that Alex Orekhov (everget) sells to unnoticed newbies... The only thing he added was a tool that analyses the better performance of the indicator, that is the difference from his script, and i dont have it here, what i have is what is freely distributed in many communities... But as i follow him for more than 1 year i saw that...
This is a backtesting script for the famous Super Trend. Features - Custom Date Range - Custom Targets and Risks Requested by Dlatrella
This is my Super Trend Daily strategy but with one important difference. You can now adjust settings for long or short signals individually and separately. For example, the condition for a long signal may require a different parameter setting than the condition for a short signal. Each parameter in the signal generation can be tuned. You can also decide what kind...
Super Trend is based on volatility and attempts to show the overall greater trend of a market. Thanks to everget for the idea of improving the Super Trend code. Thanks to kiasaki for ROC code. The idea here is to enter a trade upon trend reversal (unless we have a white background - this indicates choppy/sideways market). INSTRUCTIONS Follow the background color...
Based on some code from noro and kiasaki - thank you. A Super Trend is a trend over a long period of time. There are lots of existing scripts that generate signals based on the overall direction of an instrument. What if we combined this idea with a measure of Money Flow and added a filter to try to avoid choppy sideways action? I started with a super trend...
Experimental strategy to improve accuracy of SuperTrend Cloud. I am attempting to use STD deviation to manipulate the multiplier of the SuperTrend cloud. Greater STD Deviation = Oscillation in price action which can be applied to multiplier of SuperTrend to filter out bad trades and improve accuracy.
## THIS SCRIPT IS ON GITHUB ## MORE BACKTEST SuperTrend is a moving stop and reversal line based on the volatility (ATR). The strategy will ride up your stop loss when price moviment 1%. The strategy will close your operation when the market price crossed the stop loss. The strategy will close operation when the line based on the volatility will...
Interesting performance for Super Trend strategy for XBTUSD 1m chart. Params: ST Mult: 2, ST Period 14. Performance: 144% profit, 1988 trades, only 41% prof, 2.04% dd , 2.51 Sharpe. On its own, it might be not a very good strategy, but the big amount of trades allows you to add more filters and improve it. And remember: Past performance does not guarantee...
Interesting performance for Super Trend strategy for Tesla ( TSLA ) 1m chart. Params: ST Mult: 3, ST Period 120. Performance:61% profit, 637 trades, only 33% prof, 4.84% dd , 0.4 Sharpe. On its own, it might be not a very good strategy, but the big amount of trades allows you to add more filters and improve it. The strategy is not bad both with "when" params...
A test of the Supertrend Indicator. If I have made any mischaracterizations and mistakes, please let me know in the comments.
This strategy is showing what would be if you just follow supertrand indicator. As we know, supertrand doesn't appear immediately and we need to wait the next bar for decision about entering. So you can see what will happen if you take position after supertrend finally formed. This indicator is extremely dangerous without another tools and can give very serious...