Şimdi başlat

Trailingstoploss

Pivot Based Trailing Maxima & Minima [LuxAlgo]This indicator returns trailing maximums/minimums and the resulting average, each resetting on the occurrence of a pivot point high/low, thus allowing to highlight past and current support and resistance levels. Note that the user has the option to make the indicator subject to backpainting or not. Backpainting would offset the indicator output to the past and as such would be less suited for real-time applications. 🔶 USAGE 🔹 Non Backpainting The indicator can highlight points of support and resistance given by the trailing maximum/minimum average. An uptrend is indicated when the trailing maximum is making a new higher high, while a downtrend is indicated when the trailing minimum makes a new lower low. 🔹 Backpainting When backpainting is enabled the historical trailing maximum/minimum and their resulting average are offset to the past. However, we extend these to the most recent bar, allowing for real-time applications of the indicator. Users can easily analyze past trends and determine their type by observing the trailing maximum/minimum behavior. For example, trailing maximums/minimums not making new higher high/lower low would indicate a ranging market. The frequency of new higher high/lower low can also help determine how bullish/bearish a trend was. 🔶 SETTINGS Length: Determines the pivot high/low lookback, with higher values allowing to detect longer-term tops and bottoms. Backpaint: Determine if the indicator is subject to backpainting. Enabling this setting would offset the returned results in the past.
Pine Script® göstergesi
LuxAlgo tarafından
116
Template Trailing Strategy (Backtester)💭 Overview 💢 What is the "Template Trailing Strategy” ❓ The "Template Trailing Strategy" (TTS) is a back-tester orchestration framework. It supercharges the implementation-test-evaluation lifecycle of new trading strategies, by making it possible to plug in your own trading idea. While TTS offers a vast number of configuration settings, it primarily allows the trader to: Test and evaluate your own trading logic that is described in terms of entry, exit, and cancellation conditions. Define the entry and exit order types as well as their target prices when the limit, stop, or stop-limit order types are used. Utilize a variety of options regarding the placement of the stop-loss and take-profit target(s) prices and support for well-known techniques like moving to breakeven and trailing. Provide well-known quantity calculation methods to properly handle risk management and easily evaluate trading strategies and compare them. Alert on each trading event or any related change through a robust and fully customizable messaging system. All the above, build a robust tool that, once learned, significant and repetitive work that strategy developers often implement individually on every strategy script is eliminated. Taking advantage of TradingView’s built-in backtesting engine the evaluation of the trading ideas feels natural. By utilizing the TTS one can easily swap “trading logic” by testing, evaluating, and comparing each trading idea and/or individual component of a strategy. Finally, TTS, through its per-event alert management (and debugging) system, provides a fully automated solution that supports automated trading with real brokers via webhooks. NOTE: The “Template Trailing Strategy” does not dictate the way you can combine different (types of) indicators or how you should combine them. Thus, it should not be confused as a “Trading System”, because it gives its user full flexibility on that end (for better or worse). 💢 What is a “Signal Indicator” ❓ “Signal Indicator” (SI) is an indicator that can output a “signal” that follows a specific convention so that the “Template Trailing Strategy” can “understand” and execute the orders accordingly. The SI realizes the core trading logic signaling to the TTS when to enter, exit, or cancel an order. A SI instructs the TTS “when” to enter or exit, and the TTS determines “how” to enter and exit the position once the Signal Indicator generates a signal. A very simple example of a Signal Indicator might be a 200-day Simple Moving Average Signal. When the price of the security closes above the 200-day SMA, a SI would provide TTS with a “long entry signal”. Once TTS receives the “long entry signal”, the TTS will open a long position and send an alert or automated trade message via webhook to a broker, based on the Entry settings defined in TTS. If the TTS Entry settings specify a “Market” order type, then the open long position will be executed by TTS immediately. But if the TTS Entry settings specify a “Stop” order type with a 1% Stop Distance, then when the price of the security rises by 1% after the “long entry signal” occurs, the TTS will open a long position and the Long Entry alert or webhook to the broker will be sent. 🤔 How to Guide 💢 How to connect a “signal” from a “Signal Indicator” ❓ The “Template Trailing Strategy” was designed to receive external signals from a “Signal Indicator”. In this way, a “new trading idea” can be developed, configured, and evaluated separately from the TTS. Similarly, the SI can be held constant, and the trading mechanics can change in the TTS settings and back-tested to answer questions such as, “Am I better with a different stop loss placement method, what if I used a limit order instead of a stop order to enter, what if I used 25% margin instead of trading spot market?” To make that possible by connecting an external signal indicator to TTS, you should: Add in the same chart, the “Signal Indicator” of your choice (e.g. “Two MA Signal Indicator” , “Click Signal Indicator” , “Signal Adapter” , “Signal Composer” ) and the “Template Trailing Strategy”. Go to the “Settings/Inputs” tab in the “🛠️ STRATEGY” group of the TTS and change the "𝐃𝐞𝐚𝐥 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬 𝐌𝐨𝐝𝐞" to “🔨External” Go to the “🔨 STRATEGY – EXTERNAL” group settings of the TTS and change the “🔌𝐒𝐢𝐠𝐧𝐚𝐥 🛈➡” to the output signal of the “Signal Indicator” you want to connect. The selected combo box option should look like “:🔌Signal to TTS” where should correspond to the short title of your “Signal Indicator” 💢 How to create a Custom Trading logic ❓ The “Template Trailing Strategy” provides two ways to plug in your custom trading logic. Both of them have their advantages and disadvantages. ✍️ Develop your own Customized “Signal Indicator” 💥 The first approach is meant to be used for relatively more complex trading logic. The advantages of this approach are the full control and customization you have over the trading logic and the relatively simple configuration setup by having two scripts only. The downsides are that you have to have some experience with pinescript or you are willing to learn and experiment. You should also know the exact formula for every indicator you will use since you have to write it by yourself. Copy-pasting from existing open-source indicators will get you started quite fast though. The idea here is either to create a new indicator script from scratch or to copy an existing non-signal indicator and make it a “Signal Indicator”. To create a new script, press the “Pine Editor” button below the chart to open the “Pine Editor” and then press the “Open” button to open the drop-down menu with the templates. Select the “New Indicator” option. Add it to your chart to copy an existing indicator and press the source code {} button. Its source code will be shown in the “Pine Editor” with a warning on top stating that this is a read-only script. Press the “create a working copy”. Now you can give a descriptive title and a short title to your script, and you can work on (or copy-paste) the (other) indicators of your interest. Having all the information needed to make your decision the only thing you should do is define a DealConditions object and plot it like this: import jason5480/tts_convention/4 as conv // Calculate the start, end, cancel start, cancel end conditions dealConditions = conv.DealConditions.new( startLongDeal = , startShortDeal = , endLongDeal = , endShortDeal = , cnlStartLongDeal = , cnlStartShortDeal = , cnlEndLongDeal = , cnlEndShortDeal = ) // Use this signal in scripts like "Template Trailing Strategy" and "Signal Composer" that can use its value // Emit the current signal value according to the "two channels mod div" convention plot(series = conv.getSignal(dealConditions), title = '🔌Signal to TTS', color = color.olive, display = display.data_window + display.status_line, precision = 0) You should write your deal conditions appropriately based on your trading logic and put them in the code section shown above by replacing the “…” part after “=”. You can omit the conditions that are not relevant to your logic. For example, if you use only market orders for entering and exiting your positions the cnlStartLongDeal, cnlStartShortDeal, cnlEndLongDeal, and cnlEndShortDeal are irrelevant to your case and can be safely omitted from the DealConditions object. After successfully compiling your new custom SI script add it to the same chart with the TTS by pressing the “Add to chart” button. If all goes well, you will be able to connect your “signal” to the TTS as described in the “How to connect a “signal” from a “Signal Indicator”?” guide. 🧩 Adapt and Combine existing non-signal indicators 💥 The second approach is meant to be used for relatively simple trading logic. The advantages of this approach are the lack of pine script and coding experience needed and the fact that it can be used with closed-source indicators as long as the decision-making part is displayed as a line in the chart. The drawback is that you have to have a subscription that supports the “indicator on indicator” feature so you can connect the output of one indicator as an input to another indicator. Please check if your plan supports that feature here To plug in your own logic that way you have to add your indicator(s) of preference in the chart and then add the “Signal Adapter” script in the same chart as well. This script is a “Signal Indicator” that can be used as a proxy to define your custom logic in the CONDITIONS group of the “Settings/Inputs” tab after defining your inputs from your preferred indicators in the VARIABLES group. Then a “signal” will be produced, if your logic is simple enough it can be directly connected to the TTS that is also added to the same chart for execution. Check the “How to connect a “signal” from a “Signal Indicator”?” in the “🤔 How to Guide“ for more information. If your logic is slightly more complicated, you can add a second “Signal Adapter” in your chart. Then you should add the “Signal Composer” in the same chart, go to the SIGNALS group of the “Settings/Inputs” tab, and connect the “signals” from the “Signal Adapters”. “Signal Composer” is also a SI so its composed “signal” can be connected to the TTS the same way it is described in the “How to connect a “signal” from a “Signal Indicator”?” guide. At this point, due to the composability of the framework, you can add an arbitrary number (bounded by your subscription of course) of “Signal Adapters” and “Signal Composers” before connecting the final “signal” to the TTS. 💢 How to set up ⏰Alerts ❓ The “Template Trailing Strategy” provides a fully customizable per-even alert mechanism. This means that you may have an entirely different message for entering and exiting into a position, hitting a stop-loss or a take-profit target, changing trailing targets, etc. There are no restrictions, and this gives you great flexibility. First of all, you have to enable the alerts of the events that interest you. Go to the “🔔 ALERT MESSAGES” module of the TTS settings and check the “Enable…” checkbox of the events you are interested in. For each specific event, you will find a text area where you can type the exact message you want to receive when the event occurs. What’s more, there are placeholders you can use that will be replaced by the TTS with the actual values before the message is sent. The placeholder categories are the following and the placeholder names are self-explanatory. Chart info: {{ticker}}, {{base_currency}}, {{quote_currency}} Quantities and percentages: {{base_quantity}}, {{quote_quantity}}, {{quote_quantity_perc}}, {{take_profit_base_quantity}}, {{remaining_quantity_perc}}, {{remaining_base_quantity}}, {{risk_perc}} Target prices: {{stop_loss_price}}, {{entry_price}}, {{entry+_price}}, {{entry-_price}}, {{exit_price}}, {{exit+_price}}, {{exit-_price}}, {{take_profit_price_1}}, {{take_profit_price_2}}, {{take_profit_price_3}}, {{take_profit_price_4}}, {{take_profit_price_5}} ❗ To get the message on the other side you have to set a strategy alert as described here and use the {{strategy.order.alert_message}} placeholder as text in the “Message Box” that contains the message that came from the TTS. 💢 How to execute my orders in a broker ❓ To execute your orders in a broker that supports webhook integration, you should enable the appropriate alerts in the “Template Trailing Strategy” first (see the “How to set up Alerts?” guide above). Then you should go to the “Create Alert/Notifications” tab check the “Webhook URL” and paste the URL provided by your broker. You have to read the documentation of your broker for more information on what messages are expected. Keep in mind that some brokers have deep integration with TradingView so a per-event alert approach might be overkill. 📑 Definitions This section tries to give some definitions in terms that appear in the “Settings/Inputs" tab of the “Template Trailing Strategy” 💢 What is Trailing ❓ Trailing is a technique where a price target follows another “barrier” price (usually high or low) by trying to keep a maximum distance from the “barrier” when it moves in only one direction (up or down). When the “barrier” moves in the other direction the price target will not change. There are as many types of trailing as price targets, which means that there are entry trailing, exit trailing, stop-loss trailing, and take-profit trailing techniques. 💢 What is a Moonbag ❓ A Moonbag in a trade is the quantity of the position that is reserved and will not be exited even if all take-profit targets defined in the strategy are hit, the quantity will be exited only if the stop-loss is hit or a close signal is received. This makes the stop-loss trailing technique in a trend-following strategy a good candidate to take advantage of a Moonbag. 💢 What is Distance ❓ Distance is the difference between two prices. 💢 What is Bias ❓ Bias is a psychological phenomenon where you make decisions based on market sentiment. For example, when you want to enter a long position you have a long bias, and when you want to exit from the long position you have a short bias. It is the other way around for the short position. 💢 What is the Margin Distance of a price target ❓ The Margin Distance of a price target is the distance that the target will deviate from its initial price. The direction of this deviation depends on the bias of the market. For example, suppose you are in a long position, and you set a take-profit target to the local high (HHLL). In that case, adding a margin of five ticks will place your take-profit target 5 ticks below this local high because you have a short bias when exiting a long position. When the bias is long the margin will be added resulting in a higher target price and when you have a short bias the margin will be subtracted. ⚙️ Settings In the “Settings/Inputs” tab of the “Template Trailing Strategy”, you can find all the customizable settings that are provided by the framework. The variety of those settings is vast; hence we will only scratch the surface here. However, for every setting, there is an information icon 🛈 where you can learn more if you mouse over it. The “Settings/Inputs” tab is divided into ten main groups. Each one of them is responsible for one module of the framework. Every setting is part of a group that is named after the module it represents. So, to spot the module of a setting find the title that appears above it comes with an emoji and uppercase letters. Some settings might have the same name but belong to different modules e.g. “Distance Method”. Some settings are indented, which means that are closely related to the non-indented setting above. Usually, intended settings provide further configuration for one or more options of the non-intended setting. The groups that correspond to each module of the framework are the following: 📆 FILTERS In this module time filters are implemented. You can define a DateTime window for your strategy to run. You can also specify a session by selecting the days of the week and the time range you want to operate. 🛠️ STRATEGY This module contains the "𝐃𝐞𝐚𝐥 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬 𝐌𝐨𝐝𝐞" that defines if the “Template Trailing Strategy” will operate using the Internal or the External (“Signal Indicator”) conditions. Some general settings can be applied regardless of the mode. 🔨 STRATEGY – EXTERNAL This sub-module makes the connection between the external signal of the “Signal Indicator” and the “Template Trailing Strategy”. It takes effect only if the "𝐃𝐞𝐚𝐥 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬 𝐌𝐨𝐝𝐞" is set to “🔨External”. 🔧 STRATEGY – INTERNAL This sub-module defines the internal strategy logic and it's used as an example to demonstrate this framework. It should produce the same results as if the “Two MA Signal Indicator” was used as a “signal” in external mode. It takes effect only if the "𝐃𝐞𝐚𝐥 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬 𝐌𝐨𝐝𝐞" is set to “🔧Internal”. 🎢 VOLATILITY This module defines the volatility parameters that are used in various other settings like average true range and standard deviation. It also makes it clear whether their values are updated during a trade (DYNAMIC) or not (STATIC). 🔷 ENTRY This module defines how the start deal conditions will be executed by defining the order type of your entry and all necessary parameters to execute them. 🎯 TAKE PROFIT This module defines the take-profit targets placement logic. The number of the take-profit targets to use, their distance from the entry price, and the distance from each other are only some of the features that can be configured. 🛑 STOP LOSS This module defines the stop-loss target placement logic. The distance from the entry price, move to break even, and start trailing after a take-profit target is hit are only some of the features that can be configured. 🟪 EXIT This module defines how the end deal conditions will be executed by defining the order type of your exit and all necessary parameters to execute them. 💰 QUANTITY/RISK MANAGEMENT This module defines the method that calculates the amount of money you will put into each trade. Also, the percentage of the Moonbag quantity can be configured. 📊 ANALYTICS This module can visualize some extra analytics of the strategy in the chart and calculate some metrics to measure the overall performance. 🔔 ALERT MESSAGES This module defines all the messages that can be emitted per event during the strategy execution. 😲 Caveats 💢 Does “Template Trailing Strategy” has a repainting behavior ❓ The answer is that the “Template Trailing Strategy” does not repaint as long as the “Signal Indicator” that is connected also does not repaint. If you developed your own SI make sure that you understand and know how to prevent this behavior. The publication by @PineCoders here will give you a good idea on how to avoid most of the repainting cases. ⚠️There is an exception though, when the “Enable Trail⚠️💹” checkbox is checked, the Take Profit trailing feature is enabled, and a tick-based approach is used, meaning that after a while, when the TradingView discards all the real-time data, assumptions will be made by the backtesting engine that will cause a form of repainting. To avoid making false assumptions please disable this feature in the early stages and evaluate its usefulness in your strategy later on, after first confirming the success of the logic without this feature. In this case, consider turning on the bar magnifier feature. This way you will get more accurate backtest results when the Take Profit trailing feature is enabled. 💢 Can “Template Trailing Strategy” satisfy all my trading strategies ❓ While this framework can satisfy quite a large number of trading strategies there are cases where it cannot do so. For example, if you have a custom logic for your stop-loss or take-profit placement, or if you want to dollar cost average, then it might be better to start a new strategy script from scratch. ⚠️ It is not recommended to copy the official TTS code and start developing unless you are a pine wizard! Even in that case, there is a stiff learning curve that might not be worth your time. Last, you must consider that I do not offer support for customized versions of the TTS script and if something goes wrong in the process you are all alone. 🤗 Thanks Special thanks to @upslidedown and @metadimensional, who regularly gave feedback all those years and helped me to shape the framework as it is today! Thanks to @EltAlt, @PlusUltraTrading, and everyone else who contributed by either filing a “defect report” or asking questions that helped me to understand what improvements were necessary. Enjoy! Jason
Pine Script® stratejisi
jason5480 tarafından
213
Trend Step - TrailingTrend Step - Trailing Stop is a moving average-based trailing stop that moves in pre-defined steps. In this way, the user can set the number of pips/points they want the trailing to move in relation to the movements in the average. You can also see it as trend steps. Every step represents the trend movement. Usage Use it as a trailing stop or as a trend direction tool. Disclaimer: No financial advice, only for educational/entertainment purposes.
Pine Script® göstergesi
ProValueTrader tarafından
2
ATR Bands with vortex indicator [LM]Hello traders, I would like to present you ATR Bands with vortex indicator. This indicator is different than my others I used not that known vortex indicator as a entry indicator, and atr bands I have used as a exit indicator. You can see 2 set of bands with different multiplicator, first is used as first target profit, stop loss and second as a second target There are to modes that takes, first is static mode that gives you lines with 1st, 2nd target profit and in red color stop loss In the static mode you can also turn off extending line he price reach the level: Second mode is tracking atr first band with candle offset of your choosing: The trailing functionality is not working 100% but I as thinking to share it anyway and see maybe some feedback and meantime I will fix the trailing behavior. Settings: Genreal settings - basic setting of source for atr bands, line settings, First atr bands setting Second atr bands setting Vortex setting Cheers and Happy Xmas, Lukas
Pine Script® göstergesi
lmatl tarafından
6
[Fedra Algotrading Strategy Trailing Stop]Algotrading strategy optimized for cryptocurrencies. Originally conceived to trade automatically through bots (that's how I use it), it also works to get signals and trade manually in any exchange. It works in spot. Buy the dip: Attempts to buy on the dip, finding entries when the price makes abrupt dips that break deviation of the linear regression of the last periods. Trend Detection: Determines whether the market is in an uptrend or downtrend by crossing 2 SMAs + super trend in different temporalities. This affects the performance of the strategy. It works as a filter to avoid making entries in a downtrend. It also includes other advanced filters to find the best selling price on losses. Break Even: If the market enters a downtrend with an open trade, the Break Even sell is triggered, (configurable, default 1.5%). The intention is to close the trade as soon as possible, but without losses. The value of 1.5% is intended to cover commission costs and a possible spread. Conditional SL Level: Determines a tolerance level in %, from which it is allowed to sell at a loss, while the price is above this level, the scrip will only sell at a profit. % Trailing Stop Loss. The Stop Loss is placed a % below the price and accompanies it in the rises to make the most of an uptrend. It allows you to easily configure the backtest period to optimize the parameters for consistent results. The strategy calculates by default a commission of 0.1% on each trade to make the backtest more "pessimistic". Includes advanced features for compatibility with different bots platforms in the market. Risk management by % of equity or by maximum series of losses. ////////////////SPANISH/////////////////// Estrategia de Algotrading optimizada para criptomonedas. Originalmente concebida para operar de manera automática mediante bots (así la utilizo yo), funciona también para obtener señales y operar manualmente en cualquier exchange. Funciona en spot. Buy the dip: Intenta comprar en el dip, encontrando entradas cuando el precio hace bajadas abruptas que rompen la desviación de la regresión lineal de los últimos periodos Detección de Trend: Determina si el mercado tiene una tendencia alcista o bajista mediante el cruce de 2 SMAs + super trend en distintas temporalidades. Esto afecta el funcionamiento de la estrategia. Funciona como filtro para evitar realizar entradas en una tendencia bajista. Incluye también otros filtros avanzados para encontrar el mejor precio de venta en pérdidas. Break Even: Si el mercado entra en tendencia bajista con una operación abierta, se activa la venta en Break Even, (configurable, por defecto 1.5%). La intención es cerrar la operación lo antes posible, pero sin pérdidas. El valor de 1.5% está pensado para cubrir los costos de comisiones y un posible spread. Nivel de SL Condicional: Determina un nivel de tolerancia en %, a partir del cual se permite la venta en pérdidas, mientras el precio esté sobre este nivel, el scripto sólo venderá en ganancias % Trailing Stop Loss. El Stop Loss se ubica un % debajo del precio y lo acompaña en las subidas para aprovechar al máximo un uptrend. Permite configurar de manera muy fácil el periodo de backtest para optimizar los parámetros para resultados consistentes. La estrategia calcula por defecto una comisión de 0.1% en cada operación para que el backtest sea más "pesimista". Incluye funciones avanzadas para compatibilidad con diferentes plataforma de bots del mercado. Administración de risego por % del capital o por máxima serie de pérdidas
Pine Script® stratejisi
Fedra_Algotrading tarafından
28
Macd Divergence + MTF EMA MACD Divergence + Multi Time Frame EMA This Strategy uses 3 indicators: the Macd and two emas in different time frames The configuration of the strategy is: Macd standar configuration (12, 26, 9) in 1H resolution 10 periods ema, in 1H resolution 5 periods ema, in 15 minutes resolution We use the two emas to filter for long and short positions. If 15 minutes ema is above 1H ema, we look for long positions If 15 minutes ema is below 1H ema, we look for short positions We can use an aditional filter using a 100 days ema, so when the 15' and 1H emas are above the daily ema we take long positions Using this filter improves the strategy We wait for Macd indicator to form a divergence between histogram and price If we have a bullish divergence, and 15 minutes ema is above 1H ema, we wait for macd line to cross above signal line and we open a long position If we have a bearish divergence, and 15 minutes ema is below 1H ema, we wait for macd line to cross below signal line and we open a short position We close both position after a cross in the oposite direction of macd line and signal line Also we can configure a Take profit parameter and a trailing stop loss
Pine Script® stratejisi
Trading_Solutions_ tarafından
10
SNAP BACK 2.0 Strategy This strategy is designed to allow you to catch the bounce or "SNAP Back" of an equity that has been in a trend. 1) Once the moving averages are in the order of 200SMA > 50 SMA > 34EMA > 20SMA > 8EMA (or reverse for and uptrend), the strategy is setup. 2) Next you wait for a trigger of the closing price crossing the 8EMA, while there is a desired gap size between the 8EMA and the 20SMA (2-10% of stock value preferred). 3) Exit position based on target profit reached (conservative sell half at 34EMA and engage a trailing stop loss for remainder or set static limit) or price crosses 8EMA or stop loss% *)This code also allows you to determine your desired backtesting date compliments of alanaster This code is the product of many hours of hard work on the part of the greater tradingview community. The credit goes to everyone in the community who has put code out there for the greater good. The idea for the coding came from a video I watched on YouTube presented by TradeStation called Snap Back - thank you guys for the inspiration. UPDATE: I have coded the other side of the strategy to allow you to take advantage of the same set-up in an uptrend for Short plays. You can turn the up or downsides on, off, or both. The main intent is to catch the bounces of a falling stock. However, I have found that you can do the inverse and catch the drops in a rising stock (the latter is not as reliable). This also tends to work better on less volatile stocks. I have included a large volume of user defined conditions and display entry and exit conditions on the chart to see how your choices are impacting the script.
Pine Script® stratejisi
MakeMoneyCoESTB2020 tarafından
Scalping using RSI 2 indicator with TP and TSLThis study implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs (EMA or SMA) having different lengths (by default, I use 50 and 200). A take profit (%) and a trailing stop loss (%) are used. Entry conditions: .) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long .) Fast MA < Slow MA and Price < Slow MA and RSI > Overbought Threshold ------> go Short Exit conditions: .) Long entry condition is true and (close >= TP or close <= TSL) ----> close short position .) Short entry condition is true and (close <= TP or close >= TSL) ----> close long position The strategy performed best on Bitcoin and the most liquid and capitalized Altcoins but works excellent on volatile assets, mainly if they often go trending. Works best on 3h - 4h time frame. There's also an optional Volatility filter, which opens the position only if the difference between the two slopes is more than a specific value, which can be set in the study inputs. The purpose is not opening positions if the price goes sideways and the noise is way > than the signal. Note: .) the RSI length is 2; .) the oversold Threshold is 90%; .) the overbought Threshold is 10%; .) by default, the take profit per cent is 0.5%; .) by default, the trailing stop loss per cent is 0.5%; .) by default, the fast MA length is 50; .) by default, the slow MA length is 200; .) by default, the MA used is EMA. Cheers.
Pine Script® göstergesi
Ninorigo tarafından
3
Fishing The Trend - SetupFishing The Trend - Setup HOW Does it work ? The name itself says we must have a trading setup for ease of trading for getting the most from the market. i.e. Combining the most useful indicator under one roof... Fishing The Trend - Setup have following ::- 1) IntraDay Range. 2) Four Friends. 3) Fishing The Trend. 4) Multi Time Frame - Custom VWAP. 5) RSI based SMA. 1) Intraday Range HOW Does it work ? For calculating the average most probable range for any plotted security, it plots 2 bands higher band and a lower band for a particular range using the default ADR. This indicator is on - as default. # Upper and Lower band act as support and resistance , user may see a reversal in trend from these bands # If the price breaks these bands, don't take a trade expecting a reversal # These bands are calculated by averaging the previous x number of days' highs and lows of the security. 2) Four Friends HOW Does it work ? Plotting different EMA for finding the direction of Trend / Market, There are actually 5 EMAs- F1 = 20 EMA, F2 = 50 EMA, F3 = 100EMA, F4= 150, and Trend = 200-EMA. Usually 200 EMA is used to find the trend of market whether bearish / bullish, if market is above 200 ema than we may say its bullish and below 200 ema its bearish. The 50 EMA and 100 EMA works as best pullbacks in the trending market, user can configure as per his trading style and method. This indicator can be changed to multi timeframe as required. User can plot lower time frame data onto higher time or vice-versa for finding better opportunities for early trend detection, also the user have the option to use feature of non-repainting or vice versa. The default Color MA option is un=ticked, means plotting 5 different color EMAs, If the user ticks this feature, the whole 5 EMA color will change into red or orange as per direction of closing candle, user can change color as per his / her color combination. Default plotting time is of 1 min. This second indicator is off by default - user have to tick-it to activate it 3) Fishing The Trend HOW Does it work ? The code uses dynamic current levels to identify trend, This indicator is using SuperTrend, ATR and relatively Smoothened ATR for early trend reversal detection to determine the trend and direction so that a fruitful decision can be made. To Indicate the strength of the trendline, The standard calculations of SuperTrend, along with multiple smoothen ATR results are clubbed determine the direction, a step ahead. However, the indicator is not appropriate for all the situations. It works when the market is trending. Hence it is best to use for short-term technical analysis . SuperTrend uses only the two parameters of ATR and multiplier which are not sufficient under certain conditions to predict the accurate direction of the market. Here in this indicator ATR value is not editable and after long backtests the best ATR value is kept that helps the indicator working very well. The default setting is best for use, but user can customize the Multiplier for his own fine tunings, So once the Levels are matched, a Long / Short suggestion is plotted. Best Time Frames to use : starting from 1, 3, 5, 15, 30 Mins and so on... to determine Trend. Long = L and Short = S. Where and how to use? The main use of this indicator is quick scalping and Intra-day trading. The Indicator shows the option to show Long/Short Signals which the use can be turned on or off. The indicator shows a very useful option for early detection of the ongoing trend whether there will be reversal of trend or not ? Stop Loss - That should be done by following ones risk appetite, Ideally the High of the Previous Candle should be the stop loss for the Long / Short but everyone has their own Risk Management Strategies based on the capital deployed. by default this comes on.. 4) Multi Time Frame - Custom VWAP. HOW Does it work ? VWAP = The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of a security. This indicator is programmed for using vwap for spot indices / securities not having volume calculations but have futures, specially banknifty and nifty of Indian markets. User has option to change the plotting timeframe as per his requirements for checking the trend under vwap or over vwap. The user have to type the equivalent script symbol in the space provided to calculate the vwap of that particular security and plot on the non-volume script. Seems confusing !!!! have a look at example.. eg. - if you have chart of banknifty spot and u want to place vwap on in then just write security name in the blank field banknifty future of continuous contract running month " BANKNIFTY1! " Futures Chart... that's it and u will have futures vwap plotting on spot chart... this can give user a definite idea about the vwap line. User have option to change color of bar and change color of the vwap line which is plotted. By default this comes off.. Note = This indicator changes bar color 5) RSI based SMA HOW Does it work ? # This indicator is for user using RSI, The twist is that not only it uses RSI but also simple moving average, So this makes the user more safe as it is a combination of RSI and SMA. # Multi-colored ----> Green/Red/Yellow user can change ..moving average of choice # user can change overbought / over sold values of RSI as required. The time frame here is fixed. * There is an On/Off Option for each Indicator. Disclaimer : There could be scenarios when the candle is shown as a long or short and then the candle turns into opposite direction red/green. In such scenarios , Please refer to the just preceding candle and the early detection signal and if this candle is moving into positive direction only then go for long, Similarly opposite for Short, the value of multiplier 1.0 is determined using series of back test across various assets with different time frames. User Options : Choice of turning on / off the Long / Short Labels and early detection/StopLoss Option can also be activated or deactivated. Visual Checks - The user could manually validate the back test results on various assets they would like to use this strategy on before putting it live. Usage/Markets : Index Trading / Equities and also well with Commodities and Currencies How to get access Please click on the link / email available in the signature or send me a private message to get access. Feedback Please click on the link/email in the signature or send me a private message for suggestions/feedbacks.
Pine Script® göstergesi
GrowMore_Indicators tarafından
26
Percent Drop from Highest HighBuy and hold investors may decide to use trailing stops to protect profits and capital from market crashes, especially during bull markets. The purpose of this indicator is to hep investors to identify a location to place them. The indicator plots the highest high from 'x' bars ago. It then plots a trailing stop loss 'y' percent below that line. The indicator enables its users to input different 'x' and 'y' values to observe what they think works best for them in different markets. Users might choose to pair the indicator with trend confirming indicators, such as moving average cross overs, to determine that the market is trending and not ranging. There is no magic in this indicator, only maths. Like every indicator, it has no ability to predict anything. Just because the market is doing one thing now, it might do something different later. The past does not equal the present nor the future. Make your own decisions and be responsible for them. All the best to you and your family.
Pine Script® göstergesi
BigJasTrades tarafından
5
Pinescript v4 - The Holy Grail (Trailing Stop)After studying several other scripts, I believe I have found the Holy Grail! (Or perhaps I've just found a bug with Tradingview's Pinescript v4 language) Anyhow, I'm publishing this script in the hope that someone smarter than myself could shed some light on the fact that adding a trailing stop to any strategy seems to make it miraculously...no that's an understatement...incredulously, stupendously, mind-bendingly profitable. I'm talking about INSANE profit factors, higher than 200x, with drawdowns of <10%. Sounds too good to be true? Maybe it is...or you could hook it up to your LIVE broker, and pray it doesn't explode. This is an upgraded version of my original Pin Bar Strategy. Recommended Chart Settings: Asset Class: Forex Time Frame: H1 Long Entry Conditions: a) Exponential Moving Average Fan up trend b) Presence of a Bullish Pin Bar c) Pin Bar pierces the Exponential Moving Average Fan Short Entry Conditions: a) Exponential Moving Average down trend b) Presence of a Bearish Pin Bar c) Pin Bar pierces the Exponential Moving Average Fan Exit Conditions: a) Trailing stop is hit b) Moving Averages cross-back (optional) c) It's the weekend Default Robot Settings: Equity Risk (%): 3 //how much account balance to risk per trade Stop Loss (x*ATR, Float): 0.5 //stoploss = x * ATR, you can change x Stop Loss Trail Points (Pips): 1 //the magic sauce, not sure how this works Stop Loss Trail Offset (Pips): 1 //the magic sauce, not sure how this works Slow SMA (Period): 50 //slow moving average period Medium EMA (Period): 18 //medium exponential moving average period Fast EMA (Period): 6 //fast exponential moving average period ATR (Period): 14 // average true range period Cancel Entry After X Bars (Period): 3 //cancel the order after x bars not triggered, you can change x Backtest Results (2019 to 2020, H1, Default Settings): AUDUSD - 1604% profit, 239.6 profit factor, 4.9% drawdown (INSANE) NZDUSD - 1688.7% profit, 100.3 profit factor, 2.5% drawdown GBPUSD - 1168.8% profit, 98.7 profit factor, 0% drawdown USDJPY - 900.7% profit, 93.7 profit factor, 4.9% drawdown USDCAD - 819% profit, 31.7 profit factor, 8.1% drawdown EURUSD - 685.6% profit, 26.8 profit factor, 5.9% drawdown USDCHF - 1008% profit, 18.7 profit factor, 8.6% drawdown GBPJPY - 1173.4% profit, 16.1 profit factor, 7.9% drawdown EURAUD - 613.3% profit, 14.4 profit factor, 9.8% drawdown AUDJPY - 1619% profit, 11.26 profit factor, 9.1% drawdown EURJPY - 897.2% profit, 6 profit factor, 13.8% drawdown EURGBP - 608.9% profit, 5.3 profit factor, 9.8% drawdown (NOT TOO SHABBY) As you can clearly see above, this forex robot is projected by the Tradingview backtester to be INSANELY profitable for all common forex pairs. So what was the difference between this strategy and my previous strategies? Check my code and look for "trail_points" and "trail_offset"; you can even look them up in the PineScript v4 documentation. They specify a trailing stop as the exit condition, which automatically closes the trade if price reverses against you. I however suspect that the backtester is not properly calculating intra-bar price movement, and is using a simplified model. With this simplfied approach, the trailing stop code becomes some sort of "holy grail" generator, making every trade entered profitable. Risk Warning: This is a forex trading strategy that involves high risk of equity loss, and backtest performance will not equal future results. You agree to use this script at your own risk. Hint: To get more realistic results, and *maybe* overcome the intrabar simulation error, change the settings to: "Stop Loss Trail Points (pips)": 100 I am not sure if this eradicates the bug, but the entries and exits look more proper, and the profit factors are more believable.
Pine Script® stratejisi
TsangYouJun tarafından
77
Trail with Bar Time [NBL]Hello Everyone its Trailing stop loss Indicator with Bar Time if you want to Trail Your position with Specific Bar or time You can also Trail. Basically, its indicator we are using automation Trading How to work its indicator? ➤ if you want to Trail Your Position according to Specific Bar or time Indicator Feature ➤ Long Side TSL hit With Alerts ➤ Short Side TSL hit With Alerts ➤ Both Side TSL hit With Alerts ➤ You can also Select Specific Bar ➤ You Can Also add Trailing with Percentage or Point ➤ You Can Also Select Trailing calculate Bar Source Like Open, Close, High, Low etc More. Important: This Indicator we are using for Automation Trading if You Want This Indicator Access Please Contact me PM on Tradingview
Pine Script® göstergesi
Manoj-verma tarafından
9
Jackrabbit.modulus.TrailingThis is a full, true, and pure implementation of trailing buy/sell for the Jackrabbit suite and modulus framework. This module is not a standalone and relies on previous modules to send a signal data in order to function properly. This module acts on buy and sell data from within the indicator on indicator framework that TradingView supports. This module adds the ability to trail a buying position to its lowest value or if it breaks a retracement percentage (user defined). It also allows trailing a sell position with an user defined retracement. It can managing buy and selling or just buying or selling. This module does NOT allow accumulation during the trailing process. If a buy signal is received while the module is already trailing a previous position, if the price is lower then the previous position, the current position is used, otherwise it is ignored. The same holds true for selling. Once the position is bought, accumulation will resume as normal for the next position. The chart displays (for both buying and selling): The current price, its retracement value, and the original price. Note that the buy or sell does NOT actually take place until the price action crosses retracement. The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
Pine Script® göstergesi
RobertD7723 tarafından
Profit Maximizer PMaxPMax is a brand new indicator developed by KivancOzbilgic in earlier 2020. It's a combination of two trailing stop loss indicators; One is Anıl Özekşi's MOST (Moving Stop Loss) Indicator and the other one is well known ATR based SuperTrend. Both MOST and SuperTrend Indicators are very good at trend following systems but conversely their performance is not bright in sideways market conditions like most of the other indicators. Profit Maximizer - PMax tries to solve this problem. PMax combines the powerful sides of MOST (Moving Average Trend Changer) and SuperTrend (ATR price detection) in one indicator. Backtest and optimization results of PMax are far better when compared to its ancestors MOST and SuperTrend. It reduces the number of false signals in sideways and give more reliable trade signals. PMax is easy to determine the trend and can be used in any type of markets and instruments. It does not repaint. The first parameter in the PMax indicator set by the three parameters is the period/length of ATR. The second Parameter is the Multiplier of ATR which would be useful to set the value of distance from the built in Moving Average. I personally think the most important parameter is the Moving Average Length and type. PMax will be much sensitive to trend movements if Moving Average Length is smaller. And vice versa, will be less sensitive when it is longer. As the period increases it will become less sensitive to little trends and price actions. In this way, your choice of period, will be closely related to which of the sort of trends you are interested in. We are under the effect of the uptrend in cases where the Moving Average is above PMax; conversely under the influence of a downward trend, when the Moving Average is below PMax. Built in Moving Average type defaultly set as EMA but users can choose from 8 different Moving Average types like: SMA : Simple Moving Average EMA : Exponential Movin Average WMA : Weighted Moving Average TMA : Triangular Moving Average VAR : Variable Index Dynamic Moving Average aka VIDYA WWMA : Welles Wilder's Moving Average ZLEMA : Zero Lag Exponential Moving Average TSF : True Strength Force Tip: In sideways VAR would be a good choice You can use PMax default alarms and Buy Sell signals like: 1- BUY when Moving Average crosses above PMax SELL when Moving Average crosses under PMax 2- BUY when prices jumps over PMax line. SELL when prices go under PMax line.
Pine Script® göstergesi
KivancOzbilgic tarafından
95
Buy/Sell/TP/SL/TSL Alerts ModuleThis tool is not a self-sufficient indicator, just an attachable module that allows you to enhance a specific indicator with risk management components without having a headache. What you need to do, and actually this is the most important step, is to rewrite your indicator to a buy-sell signal form which will output only -1, 0, 1 values and then connect it to the module. After that the module gives you a lot of possibilities to customize Take Profit, Stop Loss and Trailing Stop Loss levels through the settings window and to set all the alerts you need up. Simple Buy/Sell setup for the RSI: Now I am adding Stop Loss: and Take Profit: and finally Trailing Stop Loss: Okay, I have shown how it works with RSI signals. Here is example for the MACD: and example for the WaveTrend Oscillator: If you have any questions don't hesitate to ask and contact me either via private messages on TradingView or via Telegram
Pine Script® göstergesi
everget tarafından
390