I've been trying to put a stop loss in the High or Low of the last second bar after I open a position but in this example the only way to close it, is with the opposite action. Does anyone know how to put a stop loss and order with just stop loss and close when there is a bullish or bearish engulfing bar?
WARNING: despite of strategy doesn't use future data (not repaints) it doesn't consider broker`s commissions, which can be harmful for real life high frequency trading.
Strategy works well on ES futures short bars like 1min.
USE ON DAILY TIMEFRAME TO DETECT MOMO STOCKS & ETFs AND TRADE THEM
This Strategy goes long when Sharpe Ratio is > 1 and Alpha against the S&P500 is generated. It exits when conditions break away. Strategy can be adapted to run intraday, it however needs different (lower) trigger levels.
examples to try this on: GER30, NAS100, JPN225, AAPL, IBB, TSLA, etc.
How to win all the time if 1+1 = 2
The most upvoted strategies on Tradingview are those which seemingly work 100%, but they actually don't at all because they are repainting and would not work in live trading reality. They are using the multi-time-frame strategy testing bug and thereby trade during the backtest on close prices before the bar has closed in...
// Hull_MA_cross & Daily_Candle_cross combination with TP$ & SL$ setting
// the theory is that SL$ can be reduced to low amount, to show actual trading results (reducing effect of repaint on results)
If you want a good strategy without repaint. This one might be for you. Excellent profitable for BTCUSD3M for OKCoin.
It uses multiple time frame MACD for trading decision. To avoid repaint, set the delay period = 1 for both long term and midterm.
The idea is that, if long term, mid term and current time frame all agree on traidng direction, the trade will...
This famous moving average strategy is very easy to follow to decide when to buy (go long) and when to take profit.
The strategy goes long when the faster SMA 50 (the simple moving average of the last 50 bars) crosses above the slower SMA 200. Orders are closed when the SMA 50 crosses below the SMA 200. This simple strategy does not have any other stop loss or...
My beautiful traders, how is everyone doing? This indicator I built detects trends, I haven't seen any repaints, I only had 3 minor ones. It is still on BETA version.
To all new traders, and busy traders I will be posting one that you can set alerts. Please look under my profile or type " K.M Trend Alerts (BETA 1.2) " .
I ask for everyone to try this script...
This strategy is as simple as possible: Every Tuesday a new long trade is opened, when Monday (yesterday) closed higher than it opened the week. The strategy closes all orders when the next close is larger than the open.
This strategy does not have any other stop loss or take profit money management logic and is therefore VERY risky, because it always waits to...
EXPERIMENTAL:
WARNING: Martingale is subject to HUGE drawdown spikes, use at your own risk!
updated function to also double(aply multiplier) on even trades, example with a MA's crossover.
// //////////////// Attempt to Reduce ReDraw version /////////////////////
//
// Microcana.com strategy by pilotgsms - version 4.20b <<<< Edited by Seaside420 >>>> special thanks to 55cosmicpineapple
// ...
EXPERIMENTAL:
WARNING:Martingale is susceptible to huge drawdown spikes, use at your own risk.
simple functions for martingale wins and losses, multiplier can be adjusted manually to increase/decrease performance/drawdown.
DESCRIPTION
Forex Master v4.0 is a mean-reversion algorithm currently optimized for trading the EUR/USD pair on the 5M chart interval. All indicator inputs use the period's closing price and all trades are executed at the open of the period following the period where the trade signal was generated.
There are 3 main components that make up Forex Master v4.0:
...
Quad-HullMA-cross & VWMA & MacD & TSI combination
Version 4.20
added script for strategy settings to be already correct when strategy loads onto chart:
calc_on_order_fills= true, calc_on_every_tick=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100, pyramiding=0
![EURUSD: [RS]Function Account Margin Call Functions V0](https://s3.tradingview.com/m/mqnFJz74_mid.png "[RS]Function Account Margin Call Functions V0")
![EURUSD: [RS]Function Martingale Multiplier - MA Crossover Bias V1](https://s3.tradingview.com/x/XTSV5Uml_mid.png "[RS]Function Martingale Multiplier - MA Crossover Bias V1")
![EURUSD: [RS]Function Martingale Multiplier V0](https://s3.tradingview.com/4/47HLv0fD_mid.png "[RS]Function Martingale Multiplier V0")
