03.freeman

MTF stochastic strategy

This strategy is based on MTF strategy found on Forex Factory forum and published by bobby2 (credits to him).
This is quite simple but need improvement to work properly:
1- it is made for 5 min chart
2- when 15min stochastic cross above 50 and 5min stochastic is rising, buy
3- when 15min stochastic cross below 50 and 5min stochastic is falling, sell
Notes de version: Major update:
- Updated to pinescript version 4
- Now strategy works with any timeframe;
- MTF is calculated based on current timeframe: if current TF is 30min, MTF is set automatically to 60min;
- MTF stoch is smoothed using linear regression.

Overall performances are very good in terms of profit factor, drawdown and net profit.
Script open-source

Dans le plus pur esprit de TradingView, l'auteur de ce texte l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur ! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par les règles internes. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

Commentaires

Thanks for sharing, but have you found a solution for all the repainting? I turned this into a study with signal, completely different results. Cheers
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italo_1 chrisgermano
@chrisgermano, Hello - Can you share the fixed code for the study and with signals ?
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tienes más información, algún video?
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There is a bug on this strategy. Strategy.exit is not set correctly. As a result, tradingview calculate exit strangely :
at the higher value of candle of same long entry candle
at the lowest value of candle for same short entry candle.

Of course then results look awesome.
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Hello. I am not understand how to interpret "when 15min stochastic cross above 50 and 5min stochastic is rising, buy" and vice versa. I know what the 50 line is, but Which is the 15m line and the 5 m line? Which color? Can you help? thank you
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Thank you, much appreciated!
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