Looking for Statistical trades that work. This one seems to work on some Leveraged ETFs with a lot of noise like UGAZ/DGAZ. It can also be used on Futures Contracts, but be sure to change up the type of investment from % of equity to contracts. Also one point I'm trying to make with this strategy is the trades are best made in the morning around market open. ...
This indicator will calculate your position size, short or long, based on the ATR Trailing Stop indicator of mine, and are needed to be used together. General risk management suggests risking just 1 percent of your equity and using low leverage.
This is based on the Average True Range Trailing Stops Strategy by Sylvain Vervoort, coded on TV HPotter. I have added Bands to see potential short and long stop loss zones before the indicator signals to switch itself, also changed color on the main Trailing Stop based on whether it is short or long, added increased stop loss hunt protection by combining with my...
This script measures the maximum and average length of upper and lower wicks. While this can be used as a volatility gauge and to see if there is more support or resistance, it's primary use is to not get wicked out on stops, by adding one of these numbers to the the Moving Average or S/R level that one is using for a Stop, plus maybe a few points of buffer.
Similar indicators already published have modifications with respect to Elder's theory. This indicator fulfills literally what is described in the New Trading For A Living.
This is an updated version of my previous stop loss script. I've added a double EMA line and modified the stop as below; In an uptrend.... 1. a yellow dot will appear once it's time to move your stop. The yellow dot will display at the level of the stop loss. Place your stop 1 pip below the dot. 2. The yellow dot will only appear if a new higher low has formed...
Trailing stop with alerts which automatically updates when a new pivot forms to maximize the ability to ride trends and get out in a timely fashion. Contains long and short stop trigger alerts.
This indicator helps traders implement proper risk management in their trading. For example, let's say that you were trading a $1,000 account and didn't want to risk more than 1% of your account on any one trade. If you were placing $100 positions, you wouldn't want the price to move more than 10% against you (10% of $100 is $10, which is 1% of $1,000). So,...
ATR Reversal Strategy that has been extended to add an additional ATR based stoploss, trailing stop and take profit. This script was developed as part of a professional development service. It is published for customer verification and acceptance. For people interested in professional services, please visit the backtest-rookies (.com) website. Features ...
Grab pips with Hawkeye Grabba Grabba is a simple mechanical system that you can manage yourself, using your own risk and reward profile. The Hawkeye Grabba is a risk management tool which provides traders with a visual representation of the risk-to-reward profile on every trade. For example, you can apply your own profit targets (say 10 pips) and each line...
Grab pips with Hawkeye Grabba Grabba is a simple mechanical system that you can manage yourself, using your own risk and reward profile. The Hawkeye Grabba is a risk management tool which provides traders with a visual representation of the risk-to-reward profile on every trade. For example, you can apply your own profit targets (say 10 pips) and each line...
Grab pips with Hawkeye Grabba Grabba is a simple mechanical system that you can manage yourself, using your own risk and reward profile. The Hawkeye Grabba is a risk management tool which provides traders with a visual representation of the risk-to-reward profile on every trade. For example, you can apply your own profit targets (say 10 pips) and each line...
Exit at the right time with Levels ATR! Levels ATR is a powerful series of user pre-defined levels, which act as both potential exit positions and stop loss management. The Levels ATR indicator helps traders identify clear exit strategies. Inexperienced traders can: spend too long focusing on where to enter the position spend no time on where to exit or...
Exit at the right time with Levels ATR! Levels ATR is a powerful series of user pre-defined levels, which act as both potential exit positions and stop loss management. The Levels ATR indicator helps traders identify clear exit strategies. Inexperienced traders can: spend too long focusing on where to enter the position spend no time on where to exit or...
Exit at the right time with Levels ATR! Levels ATR is a powerful series of user pre-defined levels, which act as both potential exit positions and stop loss management. The Levels ATR indicator helps traders identify clear exit strategies. Inexperienced traders can: spend too long focusing on where to enter the position spend no time on where to exit or...
Hi everyone. This is my first strategy ever. So, I'm having a trouble with the exits and was wondering if anyone could help me out. The error says that the order's limit was reached. Doesn't matter if I back test it just for one day. Any ideas on what's going on?
Exits added using trailing stops. 2.6 Profit Factor and 76% Profitable on SPY , 5M - I think it's a pretty good number for an automated strategy that uses Pivots. I don't think it's possible to add volume and day open price in relation to pivot levels -- that's what I do manually .. Still trying to add EMA for exits.. it will increase profitability. You can...