PROTECTED SOURCE SCRIPT
Mis à jour

Super Trend 4hr XBT BF

11 707
This script is designed for XBT/USD on Bitmex 4hr chart.

The signals are generated from a calculation of the overall super trend using ATR.

The stop loss level is also determined by a separate ATR calculation. This allows for dynamic stop loss placement depending on how volatile the market. Lower ATR = tighter Stop.

I tried a Take-Profit function but it seems the best results I can find come from exiting a trade upon an opposing signal.

INSTRUCTIONS
1. Go Long when background turns green, or short when it turns red.
2. Set your stop loss as indicated on the chart by the dotted lines. Yellow is stop loss for a long signal, orange for short.
3. Exit on an opposing signal.

NB: the Stop losses are only plotted on the chart when we are not stopped out. If we get stopped out, we wait for the next signal.
Notes de version
Changed the stop loss settings to create better results, max drawdown is now only 11.43%
Notes de version
Changed bg color to white when we are not in an active trade (when we are stopped out for example)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.