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Pivot STRTGY_V1

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This Strategy operates on a Daily Time Frame and decisions are made based on monthly Pivot Points.
Choosing different time frames and pivot periods influences trading decisions and is not recommended


The script contains the following calculations:
-Pivot Points,
-Short and long term moving averages (sma, ema, getting),
-Bollinger bands,
-Trend following


  • The strategy aims to keep the asset profitable for as long as possible by predicting the turning points of the price.
    Therefore, it is not suitable for day-trade.
    Average holding period of assets is 15-20 days.
    The script makes decisions to buy or sell when the price is above or below the determined averages and pivot points.
    In this way, it follows the trend and aims for maximum profit.
    It continuously makes calculations for the distortion conditions of the trend and generates orders to exit the position when the necessary conditions are met to stop the loss.
Notes de version
Backtest Start Date switched from 2020 to 2017 to show long term trade results.
Notes de version
Better backtest results with some new Entry - Exit point formulas.
Notes de version
New trade conditions added.
Notes de version
New Long Term Moving Averages and buy and sell conditions added.
Yearly OHLC and Pivots added.
Notes de version
Improved trend following formulas.
Less transaction and better percent profitable.
Notes de version
"Bull-Trap Stop" added for better results.
Notes de version
New Long and Short signals added.
Notes de version
Signal Labels changed X for position close.
Notes de version
Strenghtened Short Position conditions.
Sustainability corrections.
Notes de version
*Roll back to version 9
Notes de version
Better trading results achieved.
Notes de version
* Trade signals are visible only when Monthly Pivot selected.
* Some trade conditions are changed.
Notes de version
Bug fix on Long4 condition.
Notes de version
Minor condition changes.
Notes de version
Script creates Long, short, close long, close short signals only on daily period and monthly pivots.
Notes de version
Little changes
Notes de version
Reduced some risks.
Notes de version
New Long Condition L9
Ema50 line added.
Notes de version
Fine Tuning...
Notes de version
* Anti- Repainting corrections made.
Notes de version
Little Fixes in L9
Notes de version
Visiblity problem of the Pivot Lines on the lower timeframes solved.
Max_bar_back corrections applied.
Notes de version
New ema20 powered L10 signal added.
Notes de version
Average lines are visible now.
Notes de version
Better trading performance.
Notes de version
*Fine Tuning

Clause de non-responsabilité

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