[Sniper] SSL Hybrid + QQE MOD + Waddah Attar StrategyHi. I’m DuDu95.
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This is the script for the series called "Sniper".
*** What is "Sniper" Series? ***
"Sniper" series is the project that I’m going to start.
In "Sniper" Series, I’m going to "snipe and shoot" the youtuber’s strategy: to find out whether the youtuber’s video about strategy is "true or false".
Specifically, I’m going to do the things below.
1. Implement "Youtuber’s strategy" into pinescript code.
2. Then I will "backtest" and prove whether "the strategy really works" in the specific ticker (e.g. BTCUSDT) for the specific timeframe (e.g. 5m).
3. Based on the backtest result, I will rate and judge whether the youtube video is "true" or "false", and then rate the validity, reliability, robustness, of the strategy. (like a lie detector)
*** What is the purpose of this series? ***
1. To notify whether the strategy really works for the people who watched the youtube video.
2. To find and build my own scalping / day trading strategy that really works.
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*** Strategy Description ***
This strategy is from "SSL QQE MOD 5MIN SCALPING STRATEGY" by youtuber "Daily Investments".
"Daily Investments" claimed that this strategy will make you some money from 100 trades in any ticker in 5 minute timeframe.
### Entry Logic
1. Long Entry Logic
- close > SSL Hybrid Baseline.
- QQE MOD should turn into blue color.
- Waddah Attar Explosion indicator must be green.
2. Short Entry Logic
- close < SSL Hybrid Baseline
- QQE MOD should turn into red color.
- Waddah Attar Explosion indicator must be red.
### Exit Logic
1. Long Exit Logic
- When QQE MOD turn into red color.
2. Short Entry Logic
- When QQE MOD turn into blue color.
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
3. SSL Hybrid Baseline is by default drawn on the chart.
4. If you check EMA filter, EMA would be drawn on the chart.
5. Should add QQE MOD and Waddah Attar Explosion indicator manually if you want to see QQE MOD.
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*** Rating: True or False?
### Rating:
→ 1.5 / 5 (0 = Trash, 1 = Bad, 2 = Not Good, 3 = Good, 4 = Great, 5 = Excellent)
### True or False?
→ False
→ Doesn't Work on 5 minute timeframe. Also, it doesn't work on crypto.
### Better Option?
→ Use this for Day trading or Swing Trading, not for Scalping. (Bigger Timeframe)
→ Although the result was bad at 5 minute timeframe, it was profitable in 1h, 2h, 4h, 8h, 1d timeframe.
→ BTC, ETH was ok.
→ The result was better when I use EMA filter (only on longer timeframe).
### Robust?
→ So So. Although result was bad in short timeframe (e.g. 30m 15m 5m), backtest result was "consistently" profitable on longer timeframe.
→ Also, MDD was not that bad under risk management option on.
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*** Conclusion?
→ Don't use this on short timeframe.
→ Better use on longer timeframe with filter, stoploss and risk management.
Indicateurs et stratégies
Davin's 10/200MA Pullback on SPY Strategy v2.0Strategy:
Using 10 and 200 Simple moving averages, we capitalize on price pullbacks on a general uptrend to scalp 1 - 5% rebounds. 200 MA is used as a general indicator for bullish sentiment, 10 MA is used to identify pullbacks in the short term for buy entries.
An optional bonus: market crash of 20% from 52 days high is regarded as a buy the dip signal.
An optional bonus: can choose to exit on MA crossovers using 200 MA as reference MA (etc. Hard stop on 50 cross 200)
Recommended Ticker: SPY 1D (I have so far tested on SPY and other big indexes only, other stocks appear to be too volatile to use the same short period SMA parameters effectively) + AAPL 4H
How it works:
Buy condition is when:
- Price closes above 200 SMA
- Price closes below 10 SMA
- Price dumps at least 20% (additional bonus contrarian buy the dip option)
Entry is on the next opening market day the day after the buy condition candle was fulfilled.
Sell Condition is when:
- Prices closes below 10 SMA
- Hard stop at 15% drawdown from entry price (adjustable parameter)
- Hard stop at medium term and long term MA crossovers (adjustable parameters)
So far this strategy has been pretty effective for me, feel free to try it out and let me know in the comments how you found :)
Feel free to suggest new strategy ideas for discussion and indicator building
Quantitative mean reversion v4The code uses the concept of mean reversion. Mean reversion suggests that price over a period of time reverts back to its statistical mean. In simple terms, it means if a price has drifted apart from the statistical mean, after a certain amount of time, it will revert back to its statistical mean. This drift is measured via z-score. When the z-score value is high, the price is expected to revert. Besides, the higher the time frame you use, the lesser the drift is, so reduce the z-score in the tabs if you use higher time frames, else, vice-versa.
Based on the parameters, the code will provide a trade signal - both long and short, and entry and exit. You can use notifications for alerts. Please use the parameters in the options to find the best combinations for your stocks.
In the properties, you can use your own brokers commission, capital, to see if the strategy is profitable for your ticker in the long run or not. This code has been tested for profits for various assets in both crypto - Bitcoin futures , Ethereum futures -, and stocks - AMD , Apple , MSFT , etc.
This is not get rich quick scheme, and you have to be patient with it for the long run.
If you have any query, please feel free to ask in the comments sections.
If you want some new changes, please feel free to suggest
Currently, I am optimising the maximum time for holding a trade. Till that's completed, use this and please feel free to leave a feedback to make it better
Trend #4 - ATR+EMA channelOverview:
This strategy use ATR to take-profit, Red-EMA to stop-loss, Blue-EMA channel to judgment breakout.
This strategy use commission setting is 0.05%, slippage setting is 2 ticks, you can set the appropriate value size in the properties page.
What it does:
This strategy detects when a trend is emerging and buy or sell.
How it does it:
When the price breaks through the blue EMA channel, the trend is judged to be strong in the short term, strategy generates a buy or sell order.
After buying or selling,, if the price moves in the expected direction, uses ATR to determine the appropriate spread to take profit, otherwise use red EMA for stop loss.
How to use it:
Start Date and Stop Date - This parameter adjusts the time range used by the strategy.
Stoploss - This parameter adjusts the stop loss amount after each order is placed.
Blue EMA length - This parameter adjusts the length of the channel.
Blue EMA multy - This parameter adjusts the width of the top and bottom of the channel.
ATR Period - This parameter adjusts the number of candles used by the ATR.
ATR mult - This parameter adjusts the upper and lower widths of the ATR. Lowering this parameter can improve the win rate, but not necessarily the profitability.
Red EMA length - This parameter adjusts the number of candles used by the red EMA .
Long - This switch is used to turn Long position on or off.
Short - This switch is used to turn short position on or off.
Trend Follower Intraday [ Adjustable TF ]Trend Follower Intraday for 3 minute Time-Frame (Adjustable) , that has the time condition for Indian Markets as well.
Unlike the Free Scripts - Risk Management , Position Sizing , Partial Exit etc. are also included .
Send us a Message to know more about the strategy.
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The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more.
The commission is also included in the strategy .
The basic idea is when ,
1) EMA1 crosses above EMA2 , is a Long condition .
2) EMA1 crosses below EMA2 , is a Short condition .
3) Green Section indicates Long position.
4) Red Section indicates Short position.
5) Allowed hours specifies the trade entry timing.
6) ATR STOP is the stop-loss value on chart , can be adjusted in INPUTS.
7) Target 1 is the 1st target value on chart , can be adjusted in INPUTS.
8) RISK is Maximum Risk per trade for the intraday trade can be changed .
9) Total Capital used can be adjusted under INPUTS.
10) ATR TRAIL is used for trailing after entry, as mentioned in the inputs below.
11) Check trades under the list of trades .
12) Trade only in liquid stocks .
13) Risk only 1-5% of total capital.
14) Inputs can be changed for better back-test results, but also manually check the trades before setting alerts
15) SQUARE OFF TIME - As you change the time frame , also change the square-off time to the candle's closing time.
Eg: For 3min Time-frame , Hour = 2Hrs | Minute = 57min
16) Strategy stops for the day if you have a loss .
17) COMMISSION value is set to 20Rs and SLIPPAGE value is set to 2 . Go to properties to change it .
*The input values and the results are mentioned under "BACKTEST RESULTS" below*
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// ————————> RISK MANAGEMENT <——————— //
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Risk management is done based on max loss per trade and can be adjusted in the INPUTS.
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// ————————> POSITION SIZE <——————— //
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Quantity of each trade is different based on the loss
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// ————————> PROPERTIES <——————— //
// ═════════════════════════ //
COMMISSION , SLIPPAGE ,RECALCULATE is already mentioned in the code.
COMMISSION can be charges , based on the broker charges.
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// ————————> TIME CONDITION <————————— //
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The time can be changed in the INPUT.
The Indian Markets open at 9:15am and closes at 3:30pm.
The 'Allowed hours' under Inputs specifies the time at which Entries should happen .
"Close All" function closes all the trades before 3pm , at the open of the next candle.
To change the time to close all trades , check INPUT.
All open trades get closed by 3pm , because some brokers don't allow you to place fresh intraday orders after 3pm .
// ═══════════════════════════════════════════════ //
// ————————> BACKTEST RESULTS ( 123 CLOSED TRADES ) <————————— //
// ═══════════════════════════════════════════════ //
INPUTS can be changed for better Back-Test results.
The strategy applied to NSE:JSWENERGY (3 min Time-Frame and with a capital of 3,00,000 ) gives us 81% profitability , as shown below
It was tested for a period a 6 months with a Profit Factor of 1.957 ,net Profit of 43,000Rs .
Sharpe Ratio = 0.745
Sortino Ratio = 2.091
No strategy in the world promises 100% profits in all market conditions , so always define your risk before trading.
Also check Back-Test results manually ,before setting Alerts
The Graph has a Linear Curve with Consistent Profits.
The INPUTS are as follows,
1) EMA1 ————————————————> 38
2) EMA2 ————————————————> 118
3) ALLOWED HRS ———————————> 9:35 TO 14:30
4) ATR STOP ——————————————> 3.2
5) RISK ——————————————————> 3000
6) ATR TRAIL ———————————————> 2.6
7) TARGET 1 ————————————————> 2.4
8) MAX POSITION VALUE ——————————> 3,00,000
8) MAX DRAWDOWN —————————————> 9,000
8) SQUARE-OFF ————————————————> 14:57
NSE:JSWENERGY
Apply it to your charts Now !
NSE:JSWENERGY
Send us a message for FREE TRIALS | Instant Access
Thank You ☺
WilliamTrendFollower StrategyThis strategy is based on signals from the WilliamTrendFollower indicator.
You can optimize the parameters of this strategy as you wish. I hope you get the most accurate result.
About WilliamTrendFollower:
With this indicator, we try to catch the trends in price. With continued use of this indicator, we expect it to eventually escape horizontal positions and catch up with continuous trends.
Combined with the WilliamsR indicator and the exponential moving average indicator.
The WilliamsR Fisher Transforms are combined with the ATR indicator to create a line that lags behind the moving average value.
Since it is a tracking indicator, we created a line that is more connected to the price and itself.
In this way, a curve close to the price line is obtained in uptrends and downtrends.
In this indicator, if you choose the parameters correctly, you can easily bypass the horizontal positions. This gives you a safe visualization of support and resistance points as well.
From the settings of these indicators, you can set the multiplier and the exponential moving average period.
It works in all time intervals.
But it was calculated without volume , instead it was created using fisher transforms, moving averages, and the average true range .
TradeIQ - Crazy Scalping Trading Strategy [Kaspricci]This strategy script is a combination of two indicators developed by LuxAlgo:
Triangular Momentum Oscillator & Real Time Divergences ( TMO )
Adjustable MA & Alternating Extremities (AMA)
The script combines the BUY and SELL signals from the TMO indicator with the BUY and SELL extremities shown by the AMA script and waits for the smoothed candles to grow in size. It places a SHORT or LONG order and sets a stop loss at the latest swing high or low (highes high or lowest low for a defined number of recent bars). A new LONG trade is highlighted by a green background. A new SHORT trade is highlighted by red background.
The trades will be closed once a new TMO indicator BUY or SELL signal appears or the color of the AMA extremities is switching from green to red and vice versa.
All parameters of TOM and AMA indicators are added as well and work the same way as in the original scripts provided by LuxAlgo.
The idea to combine these two indicators has been provided to me by TradIQ in his youtube video.
Please leave a comment in case you find a bug. In case you find a combination of parameters with a high win rat and high PnL I would be interested as well.
[MT] Strategy Backtest Template| Initial Release | | EN |
An update of my old script, this script is designed so that it can be used as a template for all those traders who want to save time when programming their strategy and backtesting it, having functions already programmed that in normal development would take you more time to program, with this template you can simply add your favorite indicator and thus be able to take advantage of all the functions that this template has.
🔴Stop Loss and 🟢Take Profit:
No need to mention that it is a Stop Loss and a Take Profit, within these functions we find the options of: fixed percentage (%), fixed price ($), ATR, especially for Stop Loss we find the Pivot Points, in addition to this, the price range between the entry and the Stop Loss can be converted into a trailing stop loss, instead, especially for the Take Profit we have an option to choose a 1:X ratio that complements very well with the Pivot Points.
📈Heikin Ashi Based Entries:
Heikin Ashi entries are trades that are calculated based on Heikin Ashi candles but their price is executed to Japanese candles, thus avoiding false results that occur in Heikin candlestick charts, this making in certain cases better results in strategies that are executed with this option compared to Japanese candlesticks.
📊Dashboard:
A more visual and organized way to see the results and necessary data produced by our strategy, among them we can see the dates between which our operations are made regardless if you have activated some time filter, usual data such as Profit, Win Rate, Profit factor are also displayed in this panel, additionally data such as the total number of operations, how many were gains and how many losses, the average profit and loss for each operation and finally the maximum profits and losses followed, which are data that will be very useful to us when we elaborate our strategies.
Feel free to use this template to program your own strategies, if you find errors or want to request a new feature let me know in the comments or through my social networks found in my tradingview profile.
| Update 1.1 | | EN |
➕Additions: '
Time sessions filter and days of the week filter added to the time filter section.
Option to add leverage to the strategy.
5 Moving Averages, RSI, Stochastic RSI, ADX, and Parabolic Sar have been added as indicators for the strategy.
You can choose from the 6 available indicators the way to trade, entry alert or entry filter.
Added the option of ATR for Take Profit.
Ticker information and timeframe are now displayed on the dashboard.
Added display customization and color customization of indicator plots.
Added customization of display and color plots of trades displayed on chart.
📝Changes:
Now when activating the time filter it is optional to add a start or end date and time, being able to only add a start date or only an end date.
Operation plots have been changed from plot() to line creation with line.new().
Indicator plots can now be controlled from the "plots" section.
Acceptable and deniable range of profit, winrate and profit factor can now be chosen from the "plots" section to be displayed on the dashboard.
Aesthetic changes in the section separations within the settings section and within the code itself.
The function that made the indicators give inputs based on heikin ashi candles has been changed, see the code for more information.
⚙️Fixes:
Dashboard label now projects correctly on all timeframes including custom timeframes.
Removed unnecessary lines and variables to take up less code space.
All code in general has been optimized to avoid the use of variables, unnecessary lines and avoid unnecessary calculations, freeing up space to declare more variables and be able to use fewer lines of code.
| Lanzamiento Inicial | | ES |
Una actualización de mi antiguo script, este script está diseñado para que pueda ser usado como una plantilla para todos aquellos traders que quieran ahorrar tiempo al programar su estrategia y hacer un backtesting de ella, teniendo funciones ya programadas que en el desarrollo normal te tomaría más tiempo programar, con esta plantilla puedes simplemente agregar tu indicador favorito y así poder aprovechar todas las funciones que tiene esta plantilla.
🔴Stop Loss y 🟢Take Profit:
No hace falta mencionar que es un Stop Loss y un Take Profit, dentro de estas funciones encontramos las opciones de: porcentaje fijo (%), precio fijo ($), ATR, en especial para Stop Loss encontramos los Pivot Points, adicionalmente a esto, el rango de precio entre la entrada y el Stop Loss se puede convertir en un trailing stop loss, en cambio, especialmente para el Take Profit tenemos una opción para elegir un ratio 1:X que se complementa muy bien con los Pivot Points.
📈Entradas Basadas en Heikin Ashi:
Las entradas Heikin Ashi son operaciones que son calculados en base a las velas Heikin Ashi pero su precio esta ejecutado a velas japonesas, evitando así́ los falsos resultados que se producen en graficas de velas Heikin, esto haciendo que en ciertos casos se obtengan mejores resultados en las estrategias que son ejecutadas con esta opción en comparación con las velas japonesas.
📊Panel de Control:
Una manera más visual y organizada de ver los resultados y datos necesarios producidos por nuestra estrategia, entre ellos podemos ver las fechas entre las que se hacen nuestras operaciones independientemente si se tiene activado algún filtro de tiempo, datos usuales como el Profit, Win Rate, Profit factor también son mostrados en este panel, adicionalmente se agregaron datos como el número total de operaciones, cuantos fueron ganancias y cuantos perdidas, el promedio de ganancias y pérdidas por cada operación y por ultimo las máximas ganancias y pérdidas seguidas, que son datos que nos serán muy útiles al elaborar nuestras estrategias.
Siéntete libre de usar esta plantilla para programar tus propias estrategias, si encuentras errores o quieres solicitar una nueva función házmelo saber en los comentarios o a través de mis redes sociales que se encuentran en mi perfil de tradingview.
| Actualización 1.1 | | ES |
➕Añadidos:
Filtro de sesiones de tiempo y filtro de días de la semana agregados al apartado de filtro de tiempo.
Opción para agregar apalancamiento a la estrategia.
5 Moving Averages, RSI, Stochastic RSI, ADX, y Parabolic Sar se han agregado como indicadores para la estrategia.
Puedes escoger entre los 6 indicadores disponibles la forma de operar, alerta de entrada o filtro de entrada.
Añadido la opción de ATR para Take Profit.
La información del ticker y la temporalidad ahora se muestran en el dashboard.
Añadido personalización de visualización y color de los plots de indicadores.
Añadido personalización de visualización y color de los plots de operaciones mostradas en grafica.
📝Cambios:
Ahora al activar el filtro de tiempo es opcional añadir una fecha y hora de inicio o fin, pudiendo únicamente agregar una fecha de inicio o solamente una fecha de fin.
Los plots de operaciones han cambiados de plot() a creación de líneas con line.new().
Los plots de indicadores ahora se pueden controlar desde el apartado "plots".
Ahora se puede elegir el rango aceptable y negable de profit, winrate y profit factor desde el apartado "plots" para mostrarse en el dashboard.
Cambios estéticos en las separaciones de secciones dentro del apartado de configuraciones y dentro del propio código.
Se ha cambiado la función que hacía que los indicadores dieran entradas en base a velas heikin ashi, mire el código para más información.
⚙️Arreglos:
El dashboard label ahora se proyecta correctamente en todas las temporalidades incluyendo las temporalidades personalizadas.
Se han eliminado líneas y variables innecesarias para ocupar menos espacio en el código.
Se ha optimizado todo el código en general para evitar el uso de variables, líneas innecesarias y evitar los cálculos innecesarios, liberando espacio para declarar más variables y poder utilizar menos líneas de código.
CONSOLIDATION BAND BREAKOUT [5MIN TF]CONSOLIDTION BREAKOUT STRATEGY for 5 minute Time-Frame , that has the time condition adjustable for Indian Markets.
// ══════════════════════════════════════════════════════════════════════════ //
Unlike the Free Scripts - Risk Management , Position Sizing , Partial Exit etc. are also included .
Message to know more about the strategy.
// ══════════════════════════════════════════════════════════════════════════ //
The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more.
The commission is also included in the strategy .
The basic idea is when ,
1) Price crosses above upper Level ,indicated by Red Line, is a Long condition .
2) Price crosses below lower Level ,indicated by Green Line , is a Short condition .
3) Candle close crosses above ema1 , is a part of the Long condition .
4) Candle close crosses below ema1 , is a part of the Short condition .
5) Allowed hours specifies the trade entry timing.
6) ATR STOP is the stop-loss value on chart , can be adjusted in INPUTS.
7) Target 1 is the 1st target value on chart , can be adjusted in INPUTS.
8) RISK is Maximum Risk per trade for the intraday trade can be changed .
9) Total Capital used can be adjusted under INPUTS.
10) ATR TRAIL is used for trailing after entry, as mentioned in the inputs below.
11) Check trades under the list of trades .
12) Trade only in liquid stocks .
13) Risk only 1-5% of total capital.
14) Inputs can be changed for better back-test results, but also manually check the trades before setting alerts
15) SQUARE OFF TIME - As you change the time frame , also change the square-off time to that candle's closing time.
Eg: For 3min Time-frame , Hour = 2Hrs | Minute = 57min
16) Strategy stops for the day if you have a loss .
*The input values and the results are mentioned under "BACKTEST RESULTS" below*
// ══════════════════════════════ //
// ————————> RISK MANAGEMENT <——————— //
// ══════════════════════════════ //
Risk management is done based on max loss per trade and can be adjusted in the INPUTS.
// ═══════════════════════════ //
// ————————> POSITION SIZE <——————— //
// ═══════════════════════════ //
Quantity of each trade is different based on the loss
// ═════════════════════════ //
// ————————> PROPERTIES <——————— //
// ═════════════════════════ //
COMMISSION , SLIPPAGE ,RECALCULATE is already mentioned .
COMMISSION can be charges , based on the broker charges.
// ═══════════════════════════════//
// ————————> TIME CONDITION <————————— //
// ═══════════════════════════════//
The time can be changed in the INPUT.
The Indian Markets open at 9:15am and closes at 3:30pm.
The 'Allowed hours' under Inputs specifies the time at which Entries should happen .
"Close All" function closes all the trades before 3pm , at the open of the next candle.
To change the time to close all trades , check INPUT.
All open trades get closed at 3pm , because some brokers don't allow you to place fresh intraday orders after 3pm .
// ═══════════════════════════════════════════════ //
// ————————> BACKTEST RESULTS ( 123 CLOSED TRADES )<————————— //
// ═══════════════════════════════════════════════ //
INPUTS can be changed for better Back-Test results.
The strategy applied to NSE:TCS (5 min Time-Frame and with a capital of 1,00,000 ) gives us 77% profitability , as shown below
It was tested for a period a 1 year with a Profit Factor of 2.143 ,net Profit of 10,886 Rs .
The Initial Capital and Risk can be increased for better results.
The graph has a Linear Curve with Consistent Profits.
The INPUTS are as follows,
1) LENGTH ——————————————> 79
2) MUT_STDEV ————————————> 2.3
3) ALLOWED HRS ———————————> 9:25 TO 14:30
4) ATR STOP ——————————————> 2.2
5) RISK ——————————————————> 400
6) ATR TRAIL ———————————————> 2.6
7) TARGET 1 ————————————————> 2.1
8) MAX POSITION VALUE ——————————> 1,00,000
8) MAX DRAWDOWN —————————————> 2,000
8) SQUARE-OFF ————————————————> 14:55
NSE:TCS
Apply it to your charts Now !!
Send us a message to know more about this strategy
Thank You ☺ NSE:TCS
Catching the Bottom (by Coinrule)This script utilises the RSI and EMA indicators to enter and close the trade.
The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100. The RSI can do more than point to overbought and oversold securities. It can also indicate securities that may be primed for a trend reversal or corrective pullback in price. It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought situation. A reading of 30 or below indicates an oversold condition.
An exponential moving average (EMA) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average simple moving average (SMA), which applies an equal weight to all observations in the period.
The strategy enters and exits the trade based on the following conditions.
ENTRY
RSI has a decrease of 3.
RSI <40.
EMA100 has crossed above the EMA50.
EXIT
RSI is greater than 65.
EMA9 has crossed above EMA50.
This strategy is back tested from 1 April 2022 to simulate how the strategy would work in a bear market and provides good returns.
Pairs that produce very strong results include ETH on the 5m timeframe, BNB on 5m timeframe, XRP on the 45m timeframe, MATIC on the 30m timeframe and MATIC on the 2H timeframe.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
Trailing Stop SnippetThis is an example snippet that should allow for adding a trailing stop and trailing stop activation to almost any script.
You can use it by setting a trailing stop alone. This will provide you standard trailing stop functionality allowing you to lock in profits and increase your stop-loss as the price moves in your direction.
You can also set the trailing stop activation to trigger the original trailing stop at a certain level. "Once price rises 5%, set a trailing stop at break even". This would be set as 5 and 5 in the settings.
[D] Dudu 95 Strategy Template ver.1.1.Hello Guys! Nice to meet you all!
This is my Second script after changing My Profile Name!
I updated my strategy template before - I added some filter conditions (EMA, ADX, DMI).
If there's something to update, I will update this script!
Thank you!
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I made this based on the open source strategies by jason5480, kevinmck100, myncrypto.
Thank you All!
### Filter
1. Can Choose whether to use filter.
2. Filters Based on ATR, EMA, ADX, and DMI are ready to use.
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Altered OBV On MACDHere is another strategy along with an indicator that is already published for everyone to use wisely in the tradingview platform. The strategy is not very planned to highlight where to enter and when to exit as it is just a system. So, it is always good practice to follow the signal of simple moving averages and that is the reason you could find those color lines in this strategy as well.
As the indicator signals the entry point, it is wise to decide what the SMA (21, 50, 90, 200) signals us. When the price oscillated around the higher timeframe of moving averages, then it is wise to wait before entering.
OBV:
The OBV is perfect indicator to understand the strength of the particular stock. As the strength increase, the trend of the stock goes high along with price. But, the OBV is considered only with close of previous close which is to make sure the double confirmation on the price to accumulate the volume .
Altered OBV:
So, here is the altered OBV, which basically consider the close of previous close and also buying interested of the day when close is higher than open.
MACD:
I always admire the magic of MACD with pre-defined timeframe. Now, this MACD applied on top of altered OBV to signal us the moving of the ticker strength.
Long:
The long entry occurs when the MACD on Altered OBV signal bullish and the same time the MACD on close already bullish.
Short
The short denotes when the MACD on Altered OBV signal bearish and at the same time the MACD on close already bearish.
I hope this would help on your swing trading strategy.
Happy Investing.
Volume Weighted Average Price STHello everyone.
I am using vwap standard deviation to find trades.
Above standard deviation 1 is buy
Below standard deviation -1 is sell
Price crossunder of vwap after Buy signal is exit for long trade
Price crossover of vwap after Sell signal is exit for short trade
You can set target points(optional)
You can limit number of trades every day.
Background color changes to gray when today range matches to ATR(14) or you can enable label to see the value at last bar
Contact me for more details if you have any queries.
BlackSwan strategyWild fluctuation of price is detected automatically, you will be informed of the black swan immediately.
Period: 1-3minutes
APIBridge Nifty Options Algo StrategyUsing Pinescript, we will use charts of Cash/Future to trade in Options. Note this strategy works well with even the free version of TradingView.
The Relative Strength Index ( RSI ). Is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Increasing RSI shows increasing bullish momentum. Decreasing RSI shows increasing bearish momentum. We take RSI upper bound as 80 to indicate bullish momentum and RSI lower bound as 20 to indicate bearish momentum.
We use the above premise to create options buy-only strategy which trades in ATM strikes by default. This strategy requires very less margin (Minimum Rs . 15000).
Since this strategy uses underlying data (cash/future) to place trades in Options, please ignore the backtest of this strategy given by TradingView. TradingView does not provide options data but this strategy bypasses it.
Strategy Premise
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Increasing RSI shows increasing bullish momentum. Decreasing RSI shows increasing bearish momentum. We take RSI upper bound as 80 to indicate bullish momentum and RSI lower bound as 20 to indicate bearish momentum.
We use the above premise to create options buy-only strategy which trades in ATM strikes by default. This strategy requires very less margin (Rs. 15000 should be sufficient).
NSE Options Algo Strategy Logic
Long Entry: When RSI goes above 80, send LE in an auto-calculated option strike Call. When RSI goes below 20, send LE in auto-calculated option strike Put.
Long Exit: When we hit Stop loss or Target. In case SL/TGT does not hit and reverse RSI goes above 80 send Long Exit in auto-calculated option. Put as per last trade; RSI goes below 20, send LX in auto-calculated option call as per last trade.
For Long and Short entry the order is fired in the option buying side with auto strike price selection.
Option Strategy Parameters for TraingView Charts
RSI Length(Mandatory): Number of bars used to calculated RSI.
Upper Band(Mandatory): To specify upper band of RSI.
Lower Band(Mandatory): For specifying lower band of RSI.
Use reversal from Upper Band (Optional): This will enable short entry when RSI is falling below 80 from upper band. Recommended to keep unchecked initially.
Use reversal from Lower Band (Optional): This will enable long entry when RSI is raising above 20 from lower band. Recommended to keep unchecked initially.
Quantity: We use this specify the trade quantity (for Nifty min 75)
Custom Stop Loss in Points: Movement in chart price against the momentum which will trigger exit in options positions
Custom Target in Points: Movement in chart price against the momentum which will trigger exit in options positions
Base symbol: This is the base instrument symbol like NIFTY or BANK NIFTY.
Strike distance from ATM: Our default strike selection is considered as first ATM option (with nearest distance, only 100s are considered ). This strike distance allows to calculate ATM options which are at fixed distance.
Expiry: Expiry of option. Weekly and monthly both expiry are allowed.
Instrument: For index instrument will be OPTIDX, for stock instrument will be OPTSTK
Strategy Tag: The Strategy of Nifty options configured in Api bridge.
Setting Up Alert
Before setting up the alert make sure that you have selected desired script, time frame, strategy settings, and APIbridge configuration. Click in settings add alert and paste {{strategy.order.comment}} in message box.
Important: Do not change any settings during live trading. It may break the sequence of exit for the correct call/put.
