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Ace Algo [Anson5129]

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🏆 Exclusive Indicator: Ace Algo [Anson5129]

📈 Works for stocks, forex, crypto, indices
📈 Easy to use, real-time alerts, no repaint
📈 No grid, no martingale, no hedging
📈 One position at a time

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Ace Algo [Anson5129]

A trend-following TradingView strategy using a confluence of technical indicators and time-based rules for structured long/short entries and exits:

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Parameters Explanation

Moving Average Length
  • Indicates the number of historical data points used for the average price calculation.
  • Shorter = volatile (short-term trends); longer = smoother (long-term trends, less noise).
  • Default: 20

Entry delay in bars
  • After a trade is closed, delay the next entry in bars. The lower the number, the more trades you will get.
  • Default: 4

Take Profit delay in bars
  • After a trade is opened, delay the take profit in bars. The lower the number, the more trades you will get.
  • Default: 3

Enable ADX Filter
  • No order will be placed when ADX < 20
  • Default: Uncheck

Block Period
  • Set a block period during which no trading will take place.

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Entry Condition:
  • Only Long when the price is above the moving average (Orange line).
  • Only Short when the price is below the moving average (Orange line).
  • * Also, with some hidden parameter that I set in the backend.

Exit Condition:
When getting profit:
  • Trailing Stop Activates after a position has been open for a set number of bars (to avoid premature exits).

When losing money:
  • In a long position, when the price falls below the moving average, and the conditions for a short position are met, the long position will be closed, and the short position will be opened.
  • In a short position, when the price rises above the moving average, and the conditions for a long position are met, the short position will be closed, and the long position will be opened.

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How to get access to the strategy
Read the author's instructions on the right to learn how to get access to the strategy.

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