Volumemetrix Variance Strategy

3 gün önce

The “Volumemetrix Variance Strategy” is an advanced Pine Script strategy designed to identify trade entries and exits using a combination of volume profile analysis, candle structure, and volatility filters. It constructs a dynamic volume profile over a specified lookback period to identify critical price levels such as the Point of Control (PoC), Value Area High (VAH), and Value Area Low (VAL). These levels represent zones of high trading activity that often act as support and resistance. The script smooths and adjusts these levels across different timeframes to align short-term market structure with higher-timeframe trends. It incorporates a variety of filters to exclude doji candles, detect continuation or rejection patterns, and confirm alignment with higher timeframe candle direction (e.g., 4-hour bullish or bearish bias).

Trade logic is built around detecting crossovers and breakouts relative to the PoC and value areas. The system can trigger entries based on several configurable behaviors: breakout, retake, bounce, reversal, or rejection near key volume zones. It supports flexible entry conditions for long, short, or both sides of the market, as well as a range of customizable settings for time-based trading restrictions, end-of-day position closures, and alert-based data capture. For execution, the script includes integrated risk management—users can specify take-profit and stop-loss levels, enable moving (trailing) stops, and even apply a “power curve” model to dynamically adjust trailing stops using exponential decay logic that adapts to price progress.

Overall, the Volumemetrix Variance Strategy is a hybrid between a quantitative volume-based strategy and a volatility-adaptive trade manager. It combines fixed range volume profiling with multi-timeframe confirmation, candle pattern validation, and adaptive exit logic. Its architecture allows for detailed trade automation, alert generation for external systems, and real-time control over parameters such as ATR scaling, entry delay, or bar confirmation. The result is a high-granularity framework for both backtesting and live execution that seeks to capture statistically favorable setups around liquidity concentration zones.

3 gün önce

Sürüm Notları

Minor Tweaks. To ensure trading strategy has orders.

evvelsi gün

Sürüm Notları

ATR TP/SL has been implemented. New option to pick between points and atr.