█ Introduction and How it is Different The "Vegas SuperTrend Enhanced - Strategy " trading strategy represents a novel integration of two powerful technical analysis tools: the Vegas Channel and the SuperTrend indicator. This fusion creates a dynamic, adaptable strategy designed for the volatile and fast-paced cryptocurrency markets, particularly focusing on...
What the code does: This Pine Script implements a trading strategy based on two indicators: Volume Weighted Average Price (VWAP) and On Balance Volume (OBV) Relative Strength Index (RSI). The strategy aims to identify potential buy and sell signals based on deviations from VWAP and OBV RSI crossing certain threshold levels. How it does it: **VWAP...
The full implementation of the Turtle Trading Rules (as distinct from the various truncated versions circulating within the community) is now ready. This trading strategy script distinguishes itself from all currently publicly available Turtle trading systems on Tradingview by comprehensively embodying the rules for entries, exits, position management, and profit...
1.策略主要目的是通过supertrend抓取趋势,为了过滤趋势频繁切换,采用ema对趋势进行过滤。(由于使用了ema,并不能及时反映市场的剧烈变化)。 2.止损点位默认为开仓价格的3个点。 3.止盈点位只在价格上升到3个点时,采用保本止盈的方法,当价格上升到某一个百分比时,会逐渐上升止损价位,其余会一直拿到趋势结束。 4.为了过滤震荡行情,采用adx指标,当指标高于25时,开单。 5.如果在上升趋势中,开单的仓位止损退出,会找合适的机会再次开单。
It defines a strategy based on the crossover of two exponential moving averages (EMA). It plots the two EMAs on the chart and generates buy signals when the fast EMA crosses above the slow EMA, and sell signals when the fast EMA crosses below the slow EMA. The strategy.entry() function is used to enter long (buy) or short (sell) positions, and strategy.exit() is...
It defines a strategy based on the crossover of two exponential moving averages (EMA). It plots the two EMAs on the chart and generates buy signals when the fast EMA crosses above the slow EMA, and sell signals when the fast EMA crosses below the slow EMA. The strategy.entry() function is used to enter long (buy) or short (sell) positions, and strategy.exit() is...
Strategy Overview: This strategy utilizes Bollinger Bands based on a 20-period Exponential Moving Average (EMA) with a standard deviation multiplier of 1.5. It is designed to generate early trading signals based on the relationship between the price action and the Bollinger Bands. Bollinger Bands Calculation: The upper Bollinger Band is calculated as the...
Daily Range Breakout Strategy For SPX 5-15m This strategy focuses on identifying breakouts above the daily trading session's high, utilizing a layered approach with multiple technical indicators and filters to confirm the strength and direction of the market's trend. It works best on SPX 5 to 15 minute timeframe. Core Logic The strategy's core logic revolves...
This trading strategy combines Bollinger Bands and the Stochastic indicator to identify entry opportunities in oversold and overbought conditions in the market. The aim is to capitalize on price rebounds from the extremes defined by the Bollinger Bands, with the confirmation of the Stochastic to maximize the probability of success of the operations. Indicators...
WARNING: Commissions and slippage has not been considered! Don’t take it easy adding commissions and slippage could turns a fake-profitable strategy to a real disaster. We consider account size as 10k and we enter 1000 for each trade. Less than 100 trades is too small sample community and it’s not reliable, Also the performance of the past do not guarantee...
Quite recently I came upon a concept of Trailing Take Profit and I couldn't find a PineScript which implements it for the fastest possible execution, so here it is :) Everybody knows Trailing StopLoss - an invisible mechanism follows the price and exits the trade once the price retreats too much from its recent most extended favourable value. Trailing TakeProfit...
Donchian Channel Setup: The strategy uses a tool called the Donchian Channel. Imagine this as two lines (bands) on a chart that show the highest and lowest prices over a certain number of past trading days (default is 20 days). There's also a centerline, which is the average of these two bands. Entry Conditions for Trades: Buying (Going Long): The strategy...
// ================================= Trend following strategy. // ================================= Strategy uses two channels. One channel - for opening trades. Second channel - for closing. Channel is similar to Donchian channel, but uses Close prices (not High/Low). That helps don't react to wicks of volatile candles (“stop hunting”). In most cases...
Handbook for the Supertrend Advance Strategy 1. Introduction Purpose of the Handbook: The main purpose of this handbook is to serve as a comprehensive guide for traders and investors who are looking to explore and harness the potential of the Supertrend Advance Strategy. In the rapidly changing financial market, having the right tools and strategies at one's...
Bollinger Bands Strategy : INTRODUCTION : This strategy is based on the famous Bollinger Bands. These are constructed using a standard moving average (SMA) and the standard deviation of past prices. The theory goes that 90% of the time, the price is contained between these two bands. If it were to break out, this would mean either a reversal or a...
The concept of the Fibonacci Bands indicator was described by Suri Dudella in his book "Trade Chart Patterns Like the Pros" (Section 8.3, page 149). These bands are derived from Fibonacci expansions based on a fixed moving average, and they display potential areas of support and resistance. Traders can utilize the Fibonacci Bands indicator to identify key price...
The 2Mars strategy is a trading approach that aims to improve trading efficiency by incorporating several simple order opening tactics. These tactics include moving average crossovers, Bollinger Bands, and SuperTrend. Entering a Position with the 2Mars Strategy: Moving Average Crossover: This method considers the crossing of moving averages as a signal to...
This is a strategy intended primarily for algorithmic traders. It's a pseudo-grid bot that uses a dynamic, volume-weighted grid that only updates when the RSI meets certain conditions. It's also a breakout strategy, whereas normal grid bots are not (typical grid bots sell when a higher grid is reached, whereas this strategy sells when a lower grid is breached...