Trend Performance Tracker
This script is designed for trend trading. Currently set up for stocks long. It's main aim is checking the profitability of the trend trading system that it suggests.
How to use:
- When there is a sufficient trend and pullback for an entry yellow dots will appear under the bars. An buy-stop line (green) and a stop-loss line (red) also appear on the chart at this point.
- the script tracks having made a trade and continues to draw the stop-loss placement on the chart (red line)
- at the bottom of the chart you an see the script tracking the trades it would place.
- Yellow squares are a pending setup
- A green arrow and green squares are a open position
- A pink X means a losing trade and a green flag means a winning trade
- At the current bar will be data on how well the strategy would perform on that pair at that timeframe. "RR" is the total RR made over the number of trades (a bad trade is counted as -1). "win %" is the percentage of winning trades.
- If there RR is > 2 and win % is > 50%, the data box will show as green, indicating a good probability for trading success on that pair and time-frame at that moment.
How to use:
- When there is a sufficient trend and pullback for an entry yellow dots will appear under the bars. An buy-stop line (green) and a stop-loss line (red) also appear on the chart at this point.
- the script tracks having made a trade and continues to draw the stop-loss placement on the chart (red line)
- at the bottom of the chart you an see the script tracking the trades it would place.
- Yellow squares are a pending setup
- A green arrow and green squares are a open position
- A pink X means a losing trade and a green flag means a winning trade
- At the current bar will be data on how well the strategy would perform on that pair at that timeframe. "RR" is the total RR made over the number of trades (a bad trade is counted as -1). "win %" is the percentage of winning trades.
- If there RR is > 2 and win % is > 50%, the data box will show as green, indicating a good probability for trading success on that pair and time-frame at that moment.
Sürüm Notları:
Updated the study name to avoid confusion
Sürüm Notları:
Minor fix to entry
Sürüm Notları:
Updated the RR data box to be out of the way. The X axis bar placement can be set in the options too
Sürüm Notları:
Improved the stop-loss line rules
Sürüm Notları:
Improved trend data to include trend strength and added higher timeframe mas
Sürüm Notları:
Updated pullback rules
Sürüm Notları:
Updated stop loss to not kick out on the first candle
Sürüm Notları:
Updated to include short trend tracking
Sürüm Notları:
Fixed sell line update
Sürüm Notları:
Removed entry circles as were clutter
Sürüm Notları:
updated to show buy line at last 10 candles
Sürüm Notları:
Minor edit
Sürüm Notları:
cleaned up script
Sürüm Notları:
fixed some small details
Sürüm Notları:
Removes swing high line as not really useful