Kitchen [ilovealgotrading]
OVERVIEW:
Kitchen is a strategy that aims to trade in the direction of the trend by using supertrend and stochRsi data by calculating at different time values.
IMPLEMENTATION DETAILS – SETTINGS:
First of all, let's understand the supertrend and stocrsi indicators.
How do you read and use Super Trend for trading ?
The price is often going upwards when it breaks the super trend line while keeping its position above the indication level.
When the market is in a bullish trend, the indicator becomes green. The indicator level will act as trendline support in such a scenario. The color of the indicator changes to red to indicate a negative trend once the price crosses the support line. The price uses the super trend level as a trendline resistance during a bearish move.
In our strategy, if our 1-hour and 4-hour supertrend lines show the up or down train in the same direction at the same time, we can assume that a train is forming here.
Why do I use the time of 1 hour and 4 hours ?
When I did a backtest from the past to the present, I discovered that the most accurate and consistent time zones are the 1 hour and 4 hour time zones.
By the way we can change our short term timeframe(1H) and long term timeframe(4H) from settings panel.
How do you read and use the Stoch-RSI Indicator?
This indicator analyzes price dynamics automatically to detect overbought and oversold locations.
The indicator includes:
- The primary line, which typically has values between 0 and 100;
- Two dynamic levels for overbought and oversold conditions.
IF our stoch-rsi indicator value has fallen below our lower boundary line, the oversold event has been observed in the price, if our stoch-rsi value breaks up our bottom line after becoming oversold, we think that the price will start the recovery phase.(The case is also true for the opposite.)
However, this does not always apply and we need additional approvals, Therefore, our 1H and 4H supertrrend indicator provides us with additional confirmation.
Buy Condition:
Our 1H(short term) and 4H(long term) supertrrend indicator, has given the buy signal(green line and yellow line), and if our stochrsi indicator has broken our oversold line up on the past 15 bars, the buy signal is formed here.
Sell Condition:
Our 1H(short term) and 4H(long term) supertrrend indicator, has given the sell signal(red line and orange line), and if our stochrsi indicator has broken our overbuy line down on the past 15 bars, the sell signal is formed here.
Stop Loss or Take Profit Conditions:
Exit Long Senerio:
All conditions are completed, the buy signal has arrived and we have entered a LONG trade, the 1-hour supertrend line follows the price rise(yellow line), if the price breaks below the 1-hour super trend line and a sell condition occurs for 1H timeframe for supertrend indcator, LONG trade will exit here.
Exit Short Senerio:
All conditions are completed, the Sell signal has arrived and we have entered a SHORT trade, the 1-hour supertrend line follows the price down(orange line), if the price breaks up the 1-hour super trend line and a buy condition occurs for 1H timeframe for supertrend indcator, SHORT trade will exit here.
What can you change in the settings panel?
1-We can set Start and End date for backtest and future alarms
2-We can set ATR length and Factor for supertrend indicator
3-We can set our short term and long term timeframe value
4-We can set StochRsi Up and Low limit to confirm buy and sell conditions
5-We can set stochrsi retroactive approval length
6-We can set stochrsi values or the length
7-We can set Dollar cost for per position
8- We can choose the direction of our positions, we can set only LONG, only SHORT or both directions.
9-IF you want to place automatic buy and sell orders with this strategy, you can paste your codes into the Long open-close or Short open-close message sections.
For example
IF you write your alert window this code {{strategy.order.alert_message}}.
When trigger Long signal you will get dynamically what you pasted here for Long Open Message
ALSO:
Please do not open trades without properly managing your risk and psychology!!!
If you have any ideas what to add to my work to add more sources or make calculations cooler, suggest in DM .
Strategy!
basilGrid GridBot Live [basilChart]This strategy is a full implementation of Live Grid Trading.
Prominent features of this live grid trading strategy are:
- Logarithmic Chart Support: This strategy can support Log Scale on graph. Meaning that grid lines won't have irregular gaps in between the lines if you would like to view the chart Log Scaled. Every line will be aligned correctly even if you use Log Scale or not.
- Precise Buy & Sell: Script will execute precise Buy and Sell orders.
- Dynamic Grid Level Count: From 2 grid levels to n amount of grid levels are supported. There is no limitation on grid level count, however there may be irregularities because of limitations when higher grid levels are used. You can pick any number starting from 2.
- Average Price: Traders can monitor average price of positions.
- Alerts: When order is filled trader can receive notification. Create new alert > Select basilGrid Live > Order fills only()
Characteristics of this script:
- Able to fill more than one order in one single candle.
- Levels will keep being updated with every trade.
- There will be always one grid level ignored and it will be the level which made the last order filling possible. This is normal behavior of grid trading system.
- You can both use Log Scale and Normal Scale with this script. No issue will be on grid levels.
Using the script:
- Add this script to the chart from indicators tab
- Set starting date for the live grid bot either by dragging and dropping the vertical line or by the date-time picker from indicator Inputs tab.
- Set highest and lowest limit for the script. These will be the boundary limits. Highest and lowest price for the script to work on. Lines will populate between these two values
- Set grid level count. Number of levels of the grid.
- Set amount to spend on per level. This quantity of order will be placed on each level when needed.
After setting the above settings, there is one last thing to do in order to get precise results. It is setting the Initial Capital.
- We can set this setting from 'Properties' tab. Named 'Initial Capital'. After setting the boundaries all we need to is to navigate to TradingView's own 'Data Window', and get the value there. Then paste it on the strategy's own related setting area.
In this example we used pair BTCUSDT 1D timeframe, our settings are:
Inputs Tab:
- Grid Count: 19
- High Limit: 65 500
- Low Limit: 15 000
- Quantity per level: 0.1
- Toggle Log Scale: Checked (because I always use Log Scale on charts, if Log Scale is turned on for the chart, this needs to be checked)
- Terminate Grid At The Upmost Level: Not checked
- Show Grid Levels: Checked
- Show Average Position Price: Checked
Properties Tab:
- Initial Capital: 22 628
- Slippage: 5
- Commission: 0.1% (this is the broker commission value)
This script's purpose is to make it easier to get the idea of grid trading, experiencing it in live session.
Divergence for Many [Dimkud - v5]Strategy is based on "Divergence for Many Indicators v4 ST" strategy by CannyTolany01
which is based on "Divergence for Many Indicator" indicator by LonesomeTheBlue
This strategy is searching for divergences on 18 indicators which you can select and optimise one by one.
Additionally you can connect any other External Indicator value. (just add this indicator the the chart and select option in settings)
To the original indicator/strategy I have added 9 additional indicators:
( Money Flow Index, Williams_Vix, Stochastic RSI , SMI Ergodic Oscillator, Volume Weighted MACD , Bull Bear Power, Balance of Power , Relative Volatility Index , Logistic Settings).
Converted strategy to v5 of Pine Script.
Added Static SL/TP in percents (%).
Added filters to filter enters:
1. Volume Weighted MACD - Multi-TimeFrame Filter
(It checks for histogram to falling or rising for a set periods of bars)
2. Money Flow Index - Multi-TimeFrame Filter
(It checks if MFI Oscillator is in the set diapason.
Also It checks if MFI is falling or rising for a set periods of bars )
3. ATR filter
(check changes in fast ATR to slow ATR )
Strategy shows good backtest results on many crypto tokens on 45m - 1h periods. (with parameters optimisation for every indicator)
To find best parameters - you can enable indicators one-by one, and optimise best parameters for each of them.
Then enable all indicators with successful results.
Optimise SL/TP.
Then try to enable and optimise filters (channels etc.)
The better is to optimise parameters separately for Short and Long trading. And run two separate bots (in settings enable only Long or only Short.)
Updates:
- Added visualisation for open trades (SL/TP)
- Added Volatility filter by ATR with many options for tests.
- Fixed some small bugs.
- Added second RSI filter (you can use two RSIs with different TF or settings)
- Updated ATR volatility and MFI filter. Removed non-effective options
- Added CCI filter
- Added option to Enable/Disable visualisation of TP/SL on chart
- Fixed one small quick bug. ("ATR filter short" was not working)
- Added Super Trend filter
- Added Momentum filter
- Added Volume Filter
- All "request.security" MultiTimeFrame calls changed to 100% non-repait function "f_security()"
Wunder Volume botWunder Volume Bot
1. Wunder Volume bot is a non-indicator strategy that is based on the Volume analysis.
2. For the entry we will use the volume multiplier to detect the abnormal volume activity. For example, the volume should be 2 times the average. You can set your own preferences for each asset. It is recommended to use a higher multiplier and multiple assets to run multiple different bots in order to diversify your approach.
3. A function for calculating risk on the portfolio (your deposit) has been added to the Wunder Volume bot script. When this option is enabled, you get a calculation of the entry amount in dollars relative to your Stop Loss. In the settings, you can select the risk percentage on your portfolio. The loss will be calculated from the amount that will be displayed on the chart.
For example, if your deposit is $1000 and you set the risk to 1%, with a Stop Loss of 5%, the entry volume will be $200. The loss at SL will be $10.10, which is your 1% risk or 1% of the deposit.
Important! The risk per trade must be less than the Stop Loss value. If the risk is greater than SL, then you should use leverage.
The amount of funds entering the trade is calculated in dollars. This option was created if you want to send the dollar amount from Tradingview to the exchange. However, putting your volume in dollars you get the incorrect net profit and drawdown indication in the backtest results, as TradingView calculates the backtest volume in contracts.
To display the correct net profit and drawdown values in Tradingview Backtest results, use the ”Volume in contract” option.
Double Alligator x Donchian Cloud StrategyThis strategy is based on two sets of Williams Alligator indicators, taking crossovers and crossunders of the two pairs of lips as the main entry signal with confluence from the Donchian Cloud. The first Alligator used is set to the standard 13/8/5 lengths found in the standard indicator. The second Alligator is multiplied tenfold (10x) to 130/80/50 with the offset values also being multiplied. This second set is colored yellow, aqua, and purple for the jaw, teeth, and lips, respectively. A strategy similar to a moving average crossover can be created using these sets of Alligator indicators. While there are 6 lines in total, and can be used for discretionary matters outside of the strategy entry/exits, a cross of the lip pairs seems to yield the most optimal results. As a filter for these signals, we have introduced our Donchian Cloud Score code.
The Donchian Cloud Score is derived from a set of 5 Donchian channels (upper, lower, and basis plotted) defaulted to lengths of 25, 50, 100, 150, and 200. A set of conditions associated with the channels aims to determine ranging versus trending markets. Weights are given to these conditions accordingly, then tallied up to determine the "cloud score", ranging between -25 and 25. In general, a ranging market is determined by a cloud score between -10 and 10, while a positive trending market has a score higher than 10 and a negative trending market has a score lower than -10. That said, long and short thresholds similar to the macro score itself are included in the user settings and set to a default of 3 or -3. Trade frequency will increase the closer these numbers are to zero, however, the stronger (yet infrequent) signals come with values approaching +/- 10 or greater. The cloud score is plotted as a line in the underlay with coloration reflecting ranging or trending markets (green color above the long threshold, gray between the thresholds, and red below the short threshold). The cloud score is incorporated into the strategy syntax for long and short positions in that the score must be above or below the set threshold for a trade to be placed. A breakdown for the Donchian scoring is as follows:
- Broke the 25-length DC (DC(25)) upper band in the previous 3 bars - +1 if true, 0 if false
- Broke the DC(50) upper band in the previous 3 bars - +2 if true, 0 if false
- Broke the DC(100) upper band in the previous 3 bars - +3 if true, 0 if false
- Broke the DC(150) upper band in the previous 3 bars - +4 if true, 0 if false
- Broke the DC(200) upper band in the previous 3 bars - +5 if true, 0 if false
- Broke the DC(25) lower band in the previous 3 bars - -1 if true, 0 if false
- Broke the DC(50) lower band in the previous 3 bars - -2 if true, 0 if false
- Broke the DC(100) lower band in the previous 3 bars - -3 if true, 0 if false
- Broke the DC(150) lower band in the previous 3 bars - -4 if true, 0 if false
- Broke the DC(200) lower band in the previous 3 bars - -5 if true, 0 if false
- DC(25) basis line above the DC(50) basis line - +1 if true, -1 if false
- DC(25) basis line above the DC(100) basis line - +1 if true, -1 if false
- DC(25)basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(25) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(100) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(100) basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(100) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(150) basis line above the DC(200) basis line - +1 if true, -1 if false
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. The option for adding in a trailing stop has also been included, with options to choose between an ATR-based trail or a percentage-based trail. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview/Pineconnector Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else. If using Pineconnector, follow the same directions for setting up an alert, but use the ",buy,,risk=" syntax as noted in the tooltips.
Baseline Cross Qualifier Volatility Strategy with HMA Trend BiasFor trading ES on 30min Chart
Trading Rules
Post Baseline Cross Qualifier (PBCQ): If price crosses the baseline but the trade is invalid due to additional qualifiers, then the strategy doesn't enter a trade on that candle. This setting allows you override this disqualification in the following manner: If price crosses XX bars ago and is now qualified by other qualifiers, then the strategy enters a trade.
Volatility: If price crosses the baseline, we check to see how far it has moved in terms of multiples of volatility denoted in price (ATR x multiple). If price has moved by at least "Qualifier multiplier" and less than "Range Multiplier", then the strategy enters a trade. This range is shown on the chart with yellow area that tracks price above/blow the baseline. Also, see the dots at the top of the chart. If the dots are green, then price passes the volatility test for a long. If the dots are red, then price passes the volatility test for a short.
Take Profit/Stoploss Quantity Removed
1 Take Profit: 100% of the trade is closed when the profit target or stoploss is reached.
2 Take Profits: Quantity is split 50/50 between Take Profit 1 and Take Profit 2
3 Take Profits: Quantify is split 50/25/25.
Stratgey Inputs
Baseline Length
37
Post Baseline Cross Qualifier Enabled
On
Post Baseline Cross Qualifier Bars Ago
9
ATR Length
9
Volatility Multiplier
0
Volatility Range Multiplier
10
Volatility Qualifier Multiplier
2
Take Profit Type
1 Take Profit
HMA Length
11
Macro Score (DFMA) and Donchian Cloud Score StrategyA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger.
The DFMA - Democratic Fibonacci Moving Average - is a separate indicator that we have released that takes 10 different Fibonacci MAs (lengths of 3 to 233, at Fibonacci intervals) and averages them to form the DFMA line. This helps by creating a consensus on the trend based on moving averages alone. Crossovers of the DFMA with the various Fib MA lengths as well as a cross of the price source and these lines can provide adequate long and short signals.
This strategy has the signals and weights pre-determined in the code. Heaviest weights have been given to crosses of the DFMA line/Fib MA (233) as well as the crosses of the Fib MA (3)/DFMA. Additionally, there are thresholds for DPO ( Detrended Price Oscillator , above or below 0), CMO ( Chande Momentum Oscillator , above or below 0), Jurik Volatility Bands (above or below 0), and Stoch RSI (above or below 50). These four signals hold a lighter weight than the MA cross signals.
The macro score itself is printed in an underlay as a white line that goes between -10 and 10 for this strategy. In addition to the macro score line, a blue momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to a threshold for the macro score. Long and short thresholds can be determined by the user in the settings menu.
The Donchian Cloud Score is derived from a set of 5 Donchian channels (upper, lower, and basis plotted) defaulted to lengths of 25, 50, 100, 150, and 200. A set of conditions associated with the channels aims to determine ranging versus trending markets. Weights are given to these conditions accordingly, then tallied up to determine the "cloud score", ranging between -25 and 25. In general, a ranging market is determined by a cloud score between -10 and 10, while a positive trending market has a score higher than 10 and a negative trending market has a score lower than -10. That said, long and short thresholds similar to the macro score itself are included in the user settings and set to a default of 5 or -5. The cloud score is plotted as a line in the underlay with coloration reflecting ranging or trending markets (green color above the long threshold, gray between the thresholds, and red below the short threshold). The cloud score is incorporated into the strategy syntax for long and short positions in that the score must be above or below the set threshold for a trade to be placed. A breakdown for the Donchian scoring is as follows:
- Broke the 25-length DC (DC(25)) upper band in the previous 3 bars - +1 if true, 0 if false
- Broke the DC(50) upper band in the previous 3 bars - +2 if true, 0 if false
- Broke the DC(100) upper band in the previous 3 bars - +3 if true, 0 if false
- Broke the DC(150) upper band in the previous 3 bars - +4 if true, 0 if false
- Broke the DC(200) upper band in the previous 3 bars - +5 if true, 0 if false
- Broke the DC(25) lower band in the previous 3 bars - -1 if true, 0 if false
- Broke the DC(50) lower band in the previous 3 bars - -2 if true, 0 if false
- Broke the DC(100) lower band in the previous 3 bars - -3 if true, 0 if false
- Broke the DC(150) lower band in the previous 3 bars - -4 if true, 0 if false
- Broke the DC(200) lower band in the previous 3 bars - -5 if true, 0 if false
- DC(25) basis line above the DC(50) basis line - +1 if true, -1 if false
- DC(25) basis line above the DC(100) basis line - +1 if true, -1 if false
- DC(25)basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(25) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(100) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(50) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(100) basis line above the DC(150) basis line - +1 if true, -1 if false
- DC(100) basis line above the DC(200) basis line - +1 if true, -1 if false
- DC(150) basis line above the DC(200) basis line - +1 if true, -1 if false
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. The option for adding in a trailing stop has also been included, with options to choose between an ATR-based trail or a percentage-based trail. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview/Pineconnector Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else. If using Pineconnector, follow the same directions for setting up an alert, but use the ",buy,,risk=" syntax as noted in the tooltips.
CryptoGraph StrategizerA complete system to backtest and automate comprehensive trading strategies
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🟣 How it works
This indicator allows you to use buy & sell signals from external CryptoGraph indicators, and fully backtest these signals in the TradingView strategy tester. After configuring buy & sell signals, the trader can look into exit criteria with this indicator. The indicator offers percentage based an ATR based take profit/stop losses, as well as safety orders (DCA) in order to get a better average entry price.
Once your strategy is fully set up to your desired results, it's possible to set up alerts and connect the indicator through an automation platform ( API connection), to your broker. Alertatron & Wick Hunter auto configuration is included, meaning everything configured in the indicator settings, will automatically be carried out with Alertatron & Wick Hunter syntaxes.
🟣 Features
• Multiple methods of scaling in entries (Multiple DCA/Pyramiding methods). There will be an option to scale up or down your volume per order and distance between orders.
• Multiple methods of determining order sizes. Methods are percentage risk per trade, dollar risk per trade, position size in contracts, position size in percentage and position size in dollar.
• Multiple methods and levels of taking profits and losses. Both percentage based and ATR based take profit and stop loss.
• Option to use external indicator buy/sell signals for entry.
• Visualised liquidation prices in TradingView (both cross and isolated)
• Information panel on chart with additional information regarding your strategy results
• Bot setup directly from indicator inputs tab with Wick Hunter & Alertatron
🟣 How to use
• Choose a symbol that corresponds to your bot pair and exchange
• Pick a chart time frame
• Always use the regular candle type
• Configure your deal start condition
• Configure your profit target
• Use the Take Profit/Stop Loss feature to set a target for profit and loss
• Configure your safety orders
• Check your backtest parameters
•Make sure that the initial capital and order size make sense. Since you can use pyramiding in your strategy with safety orders, the sum of all deals should not be bigger than the initial capital
Kimchi Premium StrategyThis strategy is based on the Korea Premium, also known as the “Kimchi Premium,” which indicates how expensive or cheap the price of Bitcoin in Korean Won on a Bitcoin exchange in South Korea is relative to the price of Bitcoin being traded in USD or Tether. Inverse Kimchi Premium RSI was newly defined to create a strategy with Kimchi Premium. Assuming that the larger the kimchi premium, the greater the individual's purchasing power. In this case, if the Inverse Kimchi Premium RSI falls and closes the candle below the bear level, a short is triggered. Long is the opposite.
This strategy defaults to a combination of the traditional RSI and the Inverse Kimchi Premium RSI. If the user wishes to unlock the Inverse Kimchi Premium RSI combination and only use it as a traditional RSI strategy, the following settings can be used.
Use Combination of Inverse Kimchi Premium RSI: Uncheck
Resolution: Chart (4hr Candle)
Source: Close
Length of RSI: 14
Bull Level: 74
Bear Level: 25
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김치프리미엄(김프) 전략은 달러 혹은 테더로 거래되고 있는 비트코인 가격 대비 한국에 있는 비트코인 거래소의 비트코인 원화 가격이 얼마나 비싸고 싼 지를 나타내는 코리아 프리미엄, 일명 "김치 프리미엄" 지표를 기반으로 만들어졌습니다. 김치 프리미엄을 가지고 전략을 만들기위해 Inverse Kimchi Premium RSI를 새롭게 정의하였습니다. 김치 프리미엄이 커질수록 개인의 매수세가 커진다고 가정하고, 이 경우 Inverse Kimchi Premium RSI이 하락하여 Bear Level 아래에서 캔들 마감을 하면 Short을 트리거 합니다. Long은 그 반대입니다.
이 전략은 전통적인 RSI와 Inverse Kimchi Premium RSI을 조합하여 기본값을 설정하였습니다. 유저가 원한다면 Inverse Kimchi Premium RSI의 조합을 해제하고 전통적인 RSI 전략으로만 사용하려면 아래 다음의 설정값을 사용할 수 있습니다.
Use Combination of Inverse Kimchi Premium RSI: 체크 해제
Resolution: Chart (4hr Candle)
Source: Close
Length of RSI: 14
Bull Level: 74
Bear Level: 25
bc Grid Backtest v1.4This strategy is a full implementation of Grid Trading backtest.
Prominent features of this backtesting strategy are:
- Logarithmic Chart Support: This strategy can support Log Scale on graph. Meaning that grid lines won't have irregular gaps in between the lines if you would like to view the chart Log Scaled. Every line will be aligned correctly even if you use Log Scale or not.
- Precise Buy & Sell: Script will execute precise Buy and Sell orders.
- Dynamic Grid Level Count: From 2 grid levels to n amount of grid levels are supported. There is no limitation on grid level count. You can pick any number starting from 2.
- Customized Backtesting Results Table: A table which includes data for those who want to know has been added at top right. It can be disabled.
Characteristics of this script:
- Able to fill more than one order in one single candle.
- Levels will keep being updated with every trade.
- There will be always one grid level ignored and it will be the level which made the last order filling possible. This is normal behavior of grid trading system.
- You can both use Log Scale and Normal Scale with this script. No issue will be on grid levels.
Using the script:
- Add this script to the chart from indicators tab
- Set starting and ending date for the grid backtesting bot either by dragging and dropping the vertical lines or by the date-time picker from indicator Inputs tab.
- Set highest and lowest limit for the script. These will be the boundary limits. Highest and lowest price for the script to work on. Lines will populate between these two values
- Set grid level count. Number of levels of the grid.
- Set amount to spend on per level. This quantity of order will be placed on each level when needed.
After setting the above settings, there is one last thing to do in order to get precise results. It is setting the Initial Capital.
- We can set this setting from 'Properties' tab. Named 'Initial Capital'. After setting the boundaries all we need to is to navigate to TradingView's own 'Data Window', and get the value there. Then paste it on the strategy's own related setting area.
In this example we used pair BTCUSDT 4h timeframe, our settings are:
Inputs Tab:
- Grid Count: 13
- High Limit: 72 000
- Low Limit: 17 000
- Logarithmic Grids: Checked (because I always use Log Scale on charts, if Log Scale is turned on, this needs to be checked)
- Quantity per level: 0.1
- Show Table: Checked
- Show Grid Levels: Checked
- Show Average Position Price: Checked
Properties Tab:
- Initial Capital: 24 902
- Slippage: 5
- Commission: 0.1% (this is the broker commission value)
This script's purpose is to make simulating possible outcomes between two dates. Therefore making it easier to get the idea of grid trading, finding the best settings for your risk management and for your portfolio.
Backtest AdapterThis is a proof-of-concept Backtest Adapter that can be used with my recent publication "Machine Learning: Lorentzian Classification" located here:
This adapter is helpful because it enables interactive backtesting with TradingView's built-in "Strategy Tester" framework without the need to translate the logic from an "indicator" script to a "strategy" script.
To use this, one must have the "Machine Learning: Lorentzian Classification" script and this Backtest Adapter open simultaneously on the same chart. From there, simply change the "Source" setting of the Backtest Adapter to "Lorentzian Classification: Backtest Stream" to transfer the entry/exit signals stream to the Backtest Adapter.
For an example of how to implement your own backtest stream in your indicators, please refer to the "Backtesting" section in the source code of the "Machine Learning: Lorentzian Classification" script, which is shown below for convenience:
Jerry J8 30-123 SPY Scalping PROPlease watch the J8 Scalping Tutorial Video below for a walkthrough on how these indicators work.
---- STRATEGY
This study project is designed for scalping options that expire daily with bull put and bear call credit spreads on a 3 minute chart. The name 30_123 is a reference to 4 main criteria being met to give a green light for a potential trade. The 4 main criteria:
*30 = 30 minute trend
*1 = 3 minute trend
*2 = Moving average criteria
*3 = RSI criteria
4 = Secondary trend. Bonus if in sync but not a requirement.
* The strategy also utilizes momentum as a criteria.
This indicator is designed to trade options that expire daily including the SPY, IWM, QQQ, and NDX.
When 30_123 conditions are all green and all criteria are met a bull signal is created.
When 30_123 conditions are all red and criteria are met a bear signal is created.
The bull and bear signals are based on the stock/index price; BUT the actual orders are for option spreads that are normally based on a delta of approximately .15 to .25.
For example, if the SPY is at 400 we could have an order to sell a BULL PUT CREDIT SPREAD and I would likely sell the 398p and buy the 397p; The 398p delta would be approximately -.2. The spread position profits with any close over 398 and/or can be closed early with a bullish price move. IMPORTANT: If the SPY closed the day at $399 on the chart it would look like a loss based on the buy and sell orders but the spread would be a full profit since the close was above 398.
This script is used in conjunction with Jerry J8 30-123 Spy Scalping Dashboard Pro indicator which is the dashboard to give a visual for the 4 main criteria and makes things easier to understand.
---- TRADING TIME FRAME
The default time frame is 10:00 - 15:57 and can be controlled by the user. I do not enter trades in the first 30 minutes since that can be a very volatile period and you can easily configure the indicator and trading time frame based on how you trade.
---- MAJOR USER INPUTS
Paint Bars: Turns on/off the candle coloring for the trend
Exits: Open orders can be closed with 3 different exit criteria and all should be left on. These exits are needed to provide multiple entry signals throughout the day. However, you want to close the spreads based on your own criteria and not on the indicator.
Criteria: Trend, moving averages, RSI settings, and trading time frames can all be adjusted.
---- SETUP & HINTS
Add "Jerry J8 30-123 Spy Scalping Dashboard Pro” indicator to show J8 criteria dashboard
Add "Jerry J8 MACD Optimal Entry Zone” indicator to show best range of entry
I also like to add "Jerry Momentum Dream" indicator to see the momentum
With this indicator we’re looking for the 30, 1, 2, and 3 criteria to be met which increases our likelihood of success. IMPORTANT. Never automatically enter a position without reviewing the other indicators and drawing our own conclusions. You want to choose the entries that are the most appealing to you that take into account volume, time of day, and risk/reward. Positions should be closed based on your risk/reward goals.
Indicators are not a magic pill and should be used to support trading decisions, not to make them for you. Past performance is not a guarantee of future returns. The results of individual stocks/indexes with any strategy do not constitute proof they will repeat in the future.
DISCLAIMER: The information contained in our scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. Trading and investing in the stock market and cryptocurrencies involves substantial risk of loss and is not suitable for every investor. I’m NOT a financial adviser. All trading strategies are used at your own risk.
Please Use the AUTHOR’s INSTRUCTIONS link below for more information.
NOTE: The PERFORMANCE SUMMARY below does not accurately reflect the trading strategy because the entry orders generated in the strategy are based on the stock price and our actual order is a credit spread that is profitable even if the price moves against us a little bit. What could show as a loss in the strategy could be a profit in the credit spread.
Rocket Grid Algorithm - The Quant ScienceThe Rocket Grid Algorithm is a trading strategy that enables traders to engage in both long and short selling strategies. The script allows traders to backtest their strategies with a date range of their choice, in addition to selecting the desired strategy - either SMA Based Crossunder or SMA Based Crossover.
The script is a combination of trend following and short-term mean reversing strategies. Trend following involves identifying the current market trend and riding it for as long as possible until it changes direction. This type of strategy can be used over a medium- to long-term time horizon, typically several months to a few years.
Short-term mean reversing, on the other hand, involves taking advantage of short-term price movements that deviate from the average price. This type of strategy is usually applied over a much shorter time horizon, such as a few days to a few weeks. By rapidly entering and exiting positions, the strategy seeks to capture small, quick gains in volatile market conditions.
Overall, the script blends the best of both worlds by combining the long-term stability of trend following with the quick gains of short-term mean reversing, allowing traders to potentially benefit from both short-term and long-term market trends.
Traders can configure the start and end dates, months, and years, and choose the length of the data they want to work with. Additionally, they can set the percentage grid and the upper and lower destroyers to manage their trades effectively. The script also calculates the Simple Moving Average of the chosen data length and plots it on the chart.
The trigger for entering a trade is defined as a crossunder or crossover of the close price with the Simple Moving Average. Once the trigger is activated, the script calculates the total percentage of the side and creates a grid range. The grid range is then divided into ten equal parts, with each part representing a unique grid level. The script keeps track of each grid level, and once the close price reaches the grid level, it opens a trade in the specified direction.
The equity management strategy in the script involves a dynamic allocation of equity to each trade. The first order placed uses 10% of the available equity, while each subsequent order uses 1% less of the available equity. This results in the allocation of 9% for the second order, 8% for the third order, and so on, until a maximum of 10 open trades. This approach allows for risk management and can help to limit potential losses.
Overall, the Rocket Grid Algorithm is a flexible and powerful trading strategy that can be customized to meet the specific needs of individual traders. Its user-friendly interface and robust backtesting capabilities make it an excellent tool for traders looking to enhance their trading experience.
Macro Score - Dem. Fib. McGinley DynamicsA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger.
The DFMG - Democratic Fibonacci McGinley Dynamic - is a separate indicator that we have released that takes 10 different Fibonacci McGinley Dynamics (lengths of 3 to 233, at Fibonacci intervals) and averages them to form the DFMG line. This helps by creating a consensus on the trend based on these dynamic lines alone. Crossovers of the DFMG with the various McGinley lengths as well as a cross of the price source and these lines can provide adequate long and short signals.
This strategy has the signals and weights pre-determined in the code. Heaviest weights have been given to crosses of the DFMG line/McGinley(233) as well as the crosses of the McGinley(3)/DFMG. Additionally, there are thresholds for DPO ( Detrended Price Oscillator , above or below 0), CMO ( Chande Momentum Oscillator , above or below 0), Jurik Volatility Bands (above or below 0), and Stoch RSI (above or below 50). These four signals hold a lighter weight than the McGinley cross signals.
The macro score itself is printed in an underlay as a white line that goes between -10 and 10 for this strategy. In addition to the macro score line, a green momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to long and short thresholds for the macro score, defaulted to 5 and -5 respectively.
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. The option for adding in a trailing stop has also been included, with options to choose between an ATR-based trail or a percentage-based trail.
This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview/Pineconnector Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else. If using Pineconnector, follow the same directions for setting up an alert, but use the " ,buy, ,risk=" syntax as noted in the tooltips.
Default Properties for AVAX 20M:
DPO - 35 , uncentered
CMO - 25, open
K/D - 3/3
RSI Stoch Length - 3
Stoch Length - 4
Stoch Source - open
JVB Length - 14
JVB Smoothing - 2
DFMG source - close
Macro Length - 14
TP % - 1.5%
TTP % - 0.005%
SL % - 1.8%, no trail
Alex trading stragedyOverview
This script, named "ALEX TRADING STRATEGY", is a technical trading strategy designed for new investing groups. It uses a combination of various technical indicators to identify potential buying and selling opportunities in the market. The script includes the Relative Strength Index (RSI), Simple Moving Averages (SMA), Exponential Moving Averages (EMA), and Higher High Lower Low (HHLL) strategies to create a complete trading solution.
The user can change the position from long to short in the Input Settings. The script uses bar colors to indicate the current trading position. The script also has exit strategies to help manage the open trades. The user can also set the period for the various indicators used in the strategy.
The script provides various technical indicators and entry/exit signals to make the trading decision easier for the user. It also includes pivot lines, resistance and support levels to help the user make a more informed decision.
This Pine script implements a multi-indicator trading strategy that combines several technical analysis techniques for making trading decisions. The script uses the Relative Strength Index (RSI) to determine overbought and oversold conditions in the market and plots the RSI values on the chart. The RSI values above 70 are considered overbought and plotted as red upward triangles, while the RSI values below 30 are considered oversold and plotted as green downward triangles.
The script also calculates Simple Moving Averages (SMAs) with the user-defined period and plots them along with the Exponential Moving Averages (EMAs) of 20, 50, and 100 periods. Based on the crossover of the close price and the moving averages, the script enters long or short trades. The script sets the trade exit conditions as the low or high crossing the lower or upper band, respectively.
In addition to the moving average crossover, the script uses the highest high and lowest low over a user-defined period to determine long and short entries. The script plots the long and short conditions on the chart as green upward and red downward triangles, respectively. The script allows the user to switch between long and short trades by changing the input settings.
Finally, the script changes the bar colors based on the trade direction, with green bars indicating a long trade, red bars indicating a short trade, and blue bars indicating no trade. Overall, this Pine script provides a comprehensive trading strategy that combines several technical analysis techniques to make informed trading decisions.
HOW TO USE
Input Settings: In the Input Settings section, you can change the long to short position. You can also change the period value (default is 10) used to calculate the Simple Moving Average (SMA) for the Keltner channel.
Indicators: The script uses RSI (Relative Strength Index) with 14 periods as well as multiple EMAs (Exponential Moving Averages) with periods 20, 50, and 100 to help in making trading decisions.
Entry Signals: The script uses two main entry signals: (1) Keltner Channel and (2) HHLL (High-Low). When the closing price crosses above the upper band of the Keltner channel, the script generates a long signal, and when the closing price crosses below the lower band of the Keltner channel, the script generates a short signal. The HHLL strategy generates a long signal when the current high crosses above the highest high of the last "nPeriod" bars, and generates a short signal when the current low crosses below the lowest low of the last "nPeriod" bars.
Exit Signals: The script uses two exit signals: (1) Stop Loss based on Keltner channel and (2) Profit Target based on Keltner channel. The script exits the long position when the closing price crosses below the lower band of the Keltner channel, and the script exits the short position when the closing price crosses above the upper band of the Keltner channel.
To use this script, you will need to have access to a trading platform that supports PineScript, such as TradingView, and attach the script to a chart. The script will then automatically generate entry and exit signals based on the rules described above. It's important to note that this script is just a tool and not a guarantee of profit. As with any trading strategy, it's important to thoroughly test and understand the script before using it for live trading.
Strategy: Range BreakoutWhat?
In the price action, levels have a significant role to play. Based on the price moving above/below the levels - the underlying instrument shows some price-action in the direction of breakout/breakdown.
There are plenty of ways level can be determined. Levels are the decision point to take a trade or not. But if we make the level derivation complex, then the execution may get hamper.
This strategy script, developed in PineScript v5, is our attempt at solving this problem at the core by providing this simple, yet elegant solution to this problem.
It's essentially an attempt to Trade Simple by drawing logical (horizontal) lines in the chart and take actions, after multiple associated parameters confirmation, on the breakout / breakdown of the levels.
How?
Let us explain how we are drawing the levels.
We are depending on some of the parameters as described below:
Open Range : During intraday movement, often if prices move beyond a particular level, it exibits more movement in the same swing in same direction. We found out, through our back testing for Indian Indices like NSE:NIFTY , NSE:BANKNIFTY or NSE:CNXFINANCE the first 15m (i.e 09:15 AM to 09:30 AM, IST) is one of such range. For Indian stocks, it is 9:15 to 9:45. And for MCX MCX:CRUDEOIL1! it's 5:00 pm to 6:00 pm. There are our first levels.
PDHCL : Previous Day High, Close, Low. This is our next level
VWAP : The rolling VWAP (volume weighted average price)
In the breakout/breakdown of the Open Range and Previous Day High/Low, we are taking the trade decisions as follows using CEST principle:
C onditions :
If current bar's (say you are in 5m timeframe) closing is broken out the Open Range High or Previous Day High, taken a Buy/Long decision (let's say buying a Call Option CE or selling a Put Option PE or buying the future or cash).
If current bar's (say you are in 5m timeframe) closing is broken down the Open Range Low or Previous Day Low, taken a Sell/Short decision (let's say buying a Put Option CE or selling a Call Option PE or selling the future or cash).
Additionally, and optionally (default ON, one can turn off): we are checking various other associated multiple confirmations as follows:
1. Momentum : Checking 14-period RSI value is more than 50 or less than 50 (all parameters like period, OB, OS ranges are configurable through settings)
2. Current bar's volume is more than the last 20 bars volume average. How much more - that multiplier is also configurable. (default is 1)
3. The breakout candle is bullish (green) or bearish (red).
E ntry :
All of these happens only on the closing of the candle . Means: Non Repainting! .
Clearly in the chart we are showing as green up arrow BO (breakout for buy) and red down arrow BD (breakdown for sell) to take your decision process smooth.
So, on the closing of the decision BO/BD candle we are entering the trade (with a thumping heart and nail biting ...)
S top Loss :
We are relying on the time tasted (last 40 years) mechanism of Average True Range (ATR) of default 14 period. This default period is also configurable.
So for Long trades: the 14 period ATR low band is the SL.
For Short trades: the 14 period ATR high band is the SL.
T arget :
We are depending on the thump rule of 1:2 Risk Reward. It's simple and effective. No fancy thing. We are closing the trade on double the favorable price movement compared to the SL placed. Of course, this RR ratio is confiurable from the settings, as usual.
What's Unqiue in it?
The utter simplicity of this trading mechanism. No fancy things like complex chart pattern, OI data, multiple candlestick patterns, Order flow analysis etc.
Simple level determination,
Marking clearly in the chart.
Making each parameter configurable in Settings and showing tooltip adjacent to the parameter to make you understand it better for your customization,
Wait for the candle close, thus eliminating the chances of repainting menace (as much as possible)
Additional momentum and volume check to trade entry confirmation.
Works with normal candlestick (nothing special ones like HA ...)
Showing everything as a Summary Table (which, again can be turned off optionally) overlaying at the bottom-right corner of the chart,
Optionally the Summary Table can be configured to alert you back (say you get it notified in your email or SMS).
That way, a single, simple, effective trade setup will ease your journey as smooth sail as possible.
Mentions
There are plenty of friends from whom time to time we borrowed some of the ideas while working closely together over last one year.
From tradingview community, we took the spirit of @zzzcrypto123 awesome work done long back (in 2020) as the indicator "ORB - Opening Range Breakout". (We tried to reach him for his explicit consent, unable to catch hold of him).
Some other publicly available materials we have consulted to get the additional checks (like RSI, volume).
Lat word
Use it please and thank you for your constant patronage in following us in this awesome platform. Let's keep growing together.
Disclaimer :
This piece of software does not come up with any warrantee or any rights of not changing it over the future course of time.
We are not responsible for any trading/investment decision you are taking out of the outcome of this indicator.
Flying Dragon Trend StrategyFlying Dragon Trend Strategy can be used to indicate the trend on all timeframes by finetuning the input settings.
The Flying Dragon Trend family includes both the strategy and the indicator, where the strategy supports of selecting the optimal set of inputs for the indicator in each scenario. Highly recommended to get familiar with the strategy first to get the best out of the indicator.
Flying Dragon Trend plots the trend bands into the ribbon, where the colours indicate the trend of each band. The plotting of the bands can be turned off in the input settings. Based on the user selectable Risk Level the strategy is executed when the price crosses the certain moving average line, or at the Lowest risk level all the bands have the same colour.
The main idea is to combine two different moving averages to cross each other at the possible trend pivot point, but trying to avoid any short term bounces to affect the trend indication. The ingenuity resides in the combination of selected moving average types, lengths and especially the offsets. The trend bands give visual hint for the user while observing the price interaction with the bands, one could say that when "the Dragon swallows the candles the jaws wide open", then there is high possibility for the pivot. The leading moving average should be fast while the lagging moving average should be, well, lagging behind the leading one. There is Offset selections for each moving average, three for leading one and one for the lagging one, those are where the magic happens. After user has selected preferred moving average types and lengths, by tuning each offset the optimal sweet spot for each timeframe and equity will be found. The default values are good enough starting points for longer (4h and up) timeframes, but shorter timeframes (minutes to hours) require different combination of settings, some hints are provided in tooltips. Basically the slower the "leading" moving average (like HMA75 or HMA115) and quicker the "lagging" moving average (like SMA12 or SMA5) become, the better performance at the Lowest risk level on minute scales. This "reversed" approach at the minute scales is shown also as reversed colour for the "lagging" moving average trend band, which seems to make it work surprisingly well.
The Flying Dragon Trend does not necessarily work well on zig zag and range bounce scenarios without additional finetuning of the input settings to fit the current condition.
Strategy direction selector by DashTrader.
Trend Movement S1-TMIdea:
This script combines: Moving Average (MA), Directional Movement (DMI), MACD
When condition of long or short position from all mentioned indicator are met script opens position. Once trend changes, it closes the position.
Then add some filter conditions to avoid noise.
Concept:
(Note that we take the close to get the closing price)
-Using only cross up down with MA will give a reversal point, but the downside is that it can be noisy.
-MACD will show the current trend detected by cross point.
-Then the +DI , -DI , ADX values are taken into account to confirm the price direction and movement strength.
-This strategy solves this problem by combining 2 more moving averages called 2 trend lines 1 long and 1 short. When the short line crosses up, it will show that the price trend is increasing (at this time the background between these 2 lines will be green) and vice versa (red). To determine if the current trend is bullish or bearish . This will avoid buying when price tend to go down.
-However, there will be many points where some more complex logic is needed. It will add conditions and calculate the probabilities before triggering the signals (You can see them through the item symbols B1, B2, ... ).
How it works:
1. The thin line is stand for short term moving average, and the thick line is stand for long term moving average.
If thin lines cross the thick lines, their color and background will turn green, the price is tend to go up (Uptrend).
If thin lines cross down thick lines, their color and background will turn red, the price is tend to go down (Downtrend).
2. Ability to check the checkbox in setting to show the Golden/De*ath cross.
The yellow symbol "+" is the Golden cross.
The black symbol "+" is the De*th cross.
3. Buy and Sell are show clearly on strategy as the buy and sell point. The default source from bar is CLOSE
4. Setting "Buy only" it using for spot market.
5. When "Not buy in down trend" is checked, it will not trigger buy when in down trend (thin lines cross down thick lines like description in 1.)
6. Setting High spread will call Close buy when it match the High spread bar with the High spread % value
7. It provides setting "Back test From date/To date" for backtest feature. You can set "BacktestFrom date" as the begin of test period. If check box "Using To Date" is check: "Backtest To Date" will be the end of test period.
Suitable time frames:
4h, 1D, 1W
* Please note that this logic does not attempt to predict future prices or 100% accurate signal; Strategy Tester are available to test the profitability of this strategy.
(INVITE ONLY indicator. Please direct message or visit website to try it out)
Hope you guys enjoy!
Examples:
BTCUSD 4H
TSLA 4H
Selected Dates Filter by @zeusbottradingWe are presenting you feature for strategies in Pine Script.
This function/pine script is about NOT opening trades on selected days. Real usage is for bank holidays or volatile days (PPI, CPI, Interest Rates etc.) in United States and United Kingdom from 2020 to 2030 (10 years of dates of bank holidays in mentioned countries above). Strategy is simple - SMA crossover of two lengts 14 and 28 with close source.
In pine script you can see we picked US and GB bank holidays. If you add this into your strategy, your bot will not open trades on those days. You must make it a rule or a condition. We use it as a rule in opening long/short trades.
You can also add some of your prefered dates, here is just example of our idea. If you want to add your preffered days you can find them on any site like forexfactory, myfxbook and so on. But don’t forget to add function “time_tradingday ! = YourChoosedDate” as it is writen lower in the pine script.
Sometimes the date is substituted for a different day, because the day of the holiday is on Saturday or Sunday.
Made with ❤️ for this community.
If you have any questions or suggestions, let us know.
The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold zeusbottrading TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script.
Macro Score - DFMA-BasedA "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be present at one time as opposed to every technical signal having to be active in order for a long/short signal to trigger.
The DFMA - Democratic Fibonacci Moving Average - is a separate indicator that we have released that takes 10 different Fibonacci MAs (lengths of 3 to 233, at Fibonacci intervals) and averages them to form the DFMA line. This helps by creating a consensus on the trend based on moving averages alone. Crossovers of the DFMA with the various Fib MA lengths as well as a cross of the price source and these lines can provide adequate long and short signals.
This strategy has the signals and weights pre-determined in the code. Heaviest weights have been given to crosses of the DFMA line/Fib MA (233) as well as the crosses of the Fib MA (3)/DFMA. Additionally, there are thresholds for DPO ( Detrended Price Oscillator , above or below 0), CMO ( Chande Momentum Oscillator , above or below 0), Jurik Volatility Bands (above or below 0), and Stoch RSI (above or below 50). These foursignals hold a lighter weight than the MA cross signals.
The macro score itself is printed in an underlay as a white line that goes between -10 and 10 for this strategy. In addition to the macro score line, a blue momentum line (sourced by the macro score itself) has been included. A crossover/crossunder of the macro score and the macro momentum line is included into the long/short signal syntax in addition to a threshold for the macro score (-5/5).
Take profit, stop loss, and trailing percentages are also included, found at the bottom of the Input tab under “TT and TTP” as well as “Stop Loss”. Make sure to understand the TP/SL ratio that you desire before use, as the desired hit rate/profitability percentage will be affected accordingly. This strategy does NOT guarantee future returns. Apply caution in trading regardless of discretionary or algorithmic. Understand the concepts of risk/reward and the intricacies of each strategy choice before utilizing them in your personal trading.
Profitview Settings:
If you wish to utilize Profitview’s automation system, find the included “Profitview Settings” under the Input tab of the strategy settings menu. If not, skip this section entirely as it can be left blank. Options will be “OPEN LONG TITLE”, “OPEN SHORT TITLE”, “CLOSE LONG TITLE”, and “CLOSE SHORT TITLE”. If you wished to trade SOL, for example, you would put “SOL LONG”, “SOL SHORT”, “SOL CLOSE LONG”, and “SOL CLOSE SHORT” in these areas. Within your Profitview extension, ensure that your Alerts all match these titles. To set an alert for use with Profitview, go to the “Alerts” tab in TradingView, then create an alert. Make sure that your desired asset and timeframe are currently displayed on your screen when creating the alert. Under the “Condition” option of the alert, select the strategy, then select the expiration time. If using TradingView Premium, this can be open-ended. Otherwise, select your desired expiration time and date. This can be updated whenever desired to ensure the strategy does not expire. Under “Alert actions”, nothing necessarily needs to be selected unless so desired. Leave the “Alert name” option empty. For the “Message”, delete the generated message and replace it with {{strategy.order.alert_message}} and nothing else.
Default Properties, for AVAX 20M:
DPO - 40, uncentered
CMO - 25, open
K/D - 3/3
RSI Stoch Length - 3
Stoch Length - 4
Stoch Source - open
JVB Length - 25
JVB Smoothing - 2
DFMA source - close
Macro Length - 13
TP % - 1.5%
TTP % - 0.005%
SL % - 2%
[Strategy]Turtle's 20day High Low Break StrategyJapanese below / 日本語説明は下記
Overview
I have made this strategy mimicking the legendary traders group, Turtle’s 20days high low break strategy with more options available for take profit(TP) and stop loss(SL) conditions.
The main component of the strategy is same as my indicator, Previous N days/weeks/months high/low(see the link below) and with this strategy, you can backtest previous N days high/low break strategy.
Unlike the indicator, you can specify another previous N days high/low as TP condition. This is because Turtle used 10days low as TP condition for 20days high break buy strategy, according to articles/books about them.
ATR and other factors which is said to be used in their original strategy are not included in this strategy.
Previous N Days/Weeks/Months High Low
What is Turtle?
Turtle is the group of traders founded by Richard Dennis and William Eckhardt to prove their theory that good traders can be trained or not.
It is said that Turtle had made more than 175 million dollars over 5 years and some of the traders has become fund managers or successful individual traders even after the experiment.
What is this strategy like?
The strategy generates long entries once prices break previous N days highs and short entries when previous N days lows broken.
N is user input so you can adjust it for your own strategy.
As mentioned above, you can also specify another set of different previous N days high/low for TP conditions.
e.g. 55 days high(low) break for entry and 20days low(high) break for take profit condition.
How to use it?
What this strategy shows is almost same as the indicator, Previous N days/weeks/months high/low.
It displays previous N days/weeks/months highs and lows and you can set up entry condition based on previous N days high/low.
Previous N weeks/months highs/lows can be used as take profit points when you develop your own strategy based on this.
See the parameters below for the rest of the details.
Parameters
TP condition:
You can select from “Pips”, “When opposite entries” or “Previous high low break”.
When “When opposite entries” selected, the strategy exits the open positions when opposite directional entries happened. e.g. Long positions will be closed when short entries made.
If you would like to exit positions with specific previous N days highs/lows, you can enter N in Previous N days High/Low for TP field with “Previous high low break” selected.
SL condition:
You can select from “Pips” or “Swing High/Low”.
If “Swing High/Low” selected, left bars and right bars need input to determine swing high/low.
Note: If you select “pips” in TP/SL conditions, it currently works only for forex pairs.
What timeframe is the best for this strategy?
As this strategy is for swing trading, longer timeframes are the best.
Base on my quick check upon strategy’s performance over USD pairs in forex, daily timeframe works best, however, it could fit in with lower timeframes such as 4H and 1H by adjusting TP/SL conditions.
Look at the sample result below. The result shows the strategy’s performance for USDJPY for over 40 years on Daily timeframe and it performs fairly good with more than 2 profit factor over long period of time with up-trending equity curve.
It is just a simulation but the data shows Turtle’s strategy still works.
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概要
伝説のトレーダー集団タートルの20日高値・安値ブレイク手法を模倣して作成したストラテジーです。
利益確定や損切り条件を設定可能なようにして、より柔軟性を持たせています。
ストラテジーの主要な構造は過去にリリースしたインジケーターPrevious N days/weeks/months high/lowと同じです(下記リンク参照)。
このストラテジーを使うと、過去N日高値・安値のブレイク手法のバックテストを行うことが可能です。
また、前述のインジケーターとは異なり、このストラテジーでは利益確定条件のために、もう一つ別の過去N日高値・安値を設定することができます。これはタートルが20日高値のブレイクで買いエントリーを行う場合、10日安値ブレイクを手仕舞いの基準として使っていたことからです。
タートルのオリジナル手法ではATRやその他の要素も用いられていたようですが、このストラテジーには含まれていません。
Previous N Days/Weeks/Months High Low
タートルとは何か？
タートルとは、「優れたトレーダーは育成可能か？」の問いを証明するために、投資家リチャード・デニス氏とウィリアム・エックハート氏によって組織されたトレーダー集団です。
タートルは5年間に渡って1億7千5百万ドル以上を稼ぎ出したと言われており、この実験終了後にはヘッジファンドを運営する者や個人投資家として成功したトレーダーを輩出したことで知られています。
このストラテジーの特徴
このストラテジーは、価格が過去N日高値をブレイクした時にロングエントリーを、過去N日安値をブレイクした時にショートエントリーを実行します。
Nはパラメーターで指定可能なので、皆さんの独自の手法開発のために調整することができます。
また、前述の通り、利益確定条件としてエントリー条件とは別の過去N日高値・安値を指定することが可能です。
例：エントリーには55日の高値・安値のブレイクを用い、決済には20日高値・安値のブレイクを用いるなど。
使い方
このストラテジーは前述のインジケーターとほぼ同じ内容のラインを表示します。
過去N日、N週間、Nヶ月の高値・安値を表示でき、エントリーの条件として過去N日高値・安値を指定することができます。
過去N週・Nヶ月高値・安値ラインは利益確定の目安に用いるなど、皆さんが独自の手法を構築するときの参考として使ってください。
その他のパラメーターについては以下の詳細を参照ください。
パラメーター：
TP condition（利益確定条件）:
“Pips(Pips指定)”, “When opposite entries(逆方向エントリー時)” or “Previous N days high low break(過去N日高値・安値)”から選択することができます。
“When opposite entries” を選択した場合、現在のポジションは、現在ポジションとは逆方向のエントリー条件が満たされた時に、決済されます。
例: ロングポジションはショートのエントリーが実行されると同時に決済される。
特定の過去N日高値・安値ブレイクを決済条件としたい場合は、“Previous N days high low break”を選択の上、該当するN日を”Previous N days High/Low for TP”の項目に入力してください。
SL condition(損切り基準):
“Pips(Pips指定)”、“Swing High/Low(スウィングハイ・ロー)”から選択することができます。
“Swing High/Low”選択時は、高値・安値決定に必要な左右のバーの本数を指定します。
注：TP、SL条件でPipsを選択した場合は、現時点では為替通貨ペアのみに機能します。
このストラテジーに最適の時間軸は？
当ストラテジーはスウィングトレードの手法となっているため、長期の時間軸が適しています。
為替のドルストレートペアでの結果を見てみると日足が最も適していますが、利益確定や損切り条件を調整することで、4時間足や1時間足向きにもアレンジできると思います。
上に示したストラテジーの例は、ドル円の日足における過去40年間以上でのバックテストの結果ですが、これだけの長期に渡って右上がりのエクイティカーブとともにプロフィットファクター2近くを維持するなど、かなり良い結果と言えるのではないでしょうか。
これは一つのシミュレーション結果に過ぎませんが、データを見る限りタートルの手法は現在でも機能すると言えるでしょう。
Wunder Trend Reversal botWunder Trend Reversal bot
1. Wunder Trend Reversal Bot - this has only one goal to find a reversal of the trend.
2. The strategy determines, based on the specified value for the filter, a market reversal based on the price actions of the previous bars.
3. A short EMA is used to filter false signals after the reversal signal was received. Crossing the EMA and changing its direction confirms the trend change.
4. There are 2 ways to calculate stop loss and take profit. You can choose one of them:
- Classic stop loss and take profit in a fixed percentage
- ATR stop loss and take pro
5. ATR uses risk reward (R:R) to calculate take profit. The script calculates the risk-reward based on a certain stop loss level and uses it to calculate the take profit
6. A function for calculating risk on the portfolio (your deposit) has been added to the script. When this option is enabled, you get a calculation of the entry amount in dollars relative to your Stop Loss. In the settings, you can select the risk percentage on your portfolio. The loss will be calculated from the amount that will be displayed on the chart.
For example. Deposit - $1000, you set the risk to 1%. SL 5%. Entry volume will be $200. The loss at SL will be $10.10$ this is your 1% risk or 1% of the deposit.
Important! The risk per trade must be less than the Stop Loss value. If the risk is greater than SL, then you should use leverage.
The amount of funds entering the trade is calculated in dollars. This option was created if you want to send the dollar amount from Tradingview to the exchange. However, putting your volume in dollars you get the incorrect net profit and drawdown indication in the backtest results, as TradingView calculates the backtest volume in contracts.
To display the correct net profit and drawdown values in Tradingview Backtest results, use the ”Volume in contracts” option.
[-_-] Level Breakout, Auto Backtesting StrategyDescription:
A Long only strategy based on breakout from a certain level formed by High price. It has auto-backtesting capabilities (you set ranges for the three main parameters: Lookback, TP and SL; the strategy then goes through different combinations of those parameters and displays a table with results that you can sort by Percentage of profitable trades AND/OR Net profit AND/OR Number of trades). So you can, for example, sort only by Net profit to find combination of parameters that gives highest net profit, or sort by Net profit and Percentage profitable to find a combination of parameters that gives the best balance between profitability and profit. The auto-backtesting also takes into account the commission which is set in % in the inputs (make sure to set the same value in properties of the strategy so that auto-backtesting and real backtesting results match).
NOTE: auto-backtesting only find the best combinations and displays them in a table, you will then need to manually set the Lookback, TP and SL inputs for real backtesting to match.
Parameters:
- Lookback -> # of bars for filtering signals; recommended range from 2 to 5
- TP (%) -> take profit; recommended range from 5 to 10
- SL (%) -> stop loss; recommended range from 1 to 5
- Commission (%) -> commission per trade
- Min/Max Lookback -> lookback range for auto-backtesting
- Min/Max TP -> take profit range for auto-backtesting
- Min/Max SL -> stop loss range for auto-backtesting
- Percentage profitable -> sort by percentage of profitable trades
- Net profit -> sort by net profit
- Number of trades -> sort by number of trades
