Trend Performance Tracker
This script is designed for trend trading. Currently set up for stocks long. It's main aim is checking the profitability of the trend trading system that it suggests.
How to use:
- When there is a sufficient trend and pullback for an entry yellow dots will appear under the bars. An buy-stop line (green) and a stop-loss line (red) also appear on the chart at this point.
- the script tracks having made a trade and continues to draw the stop-loss placement on the chart (red line)
- at the bottom of the chart you an see the script tracking the trades it would place.
- Yellow squares are a pending setup
- A green arrow and green squares are a open position
- A pink X means a losing trade and a green flag means a winning trade
- At the current bar will be data on how well the strategy would perform on that pair at that timeframe. "RR" is the total RR made over the number of trades (a bad trade is counted as -1). "win %" is the percentage of winning trades.
- If there RR is > 2 and win % is > 50%, the data box will show as green, indicating a good probability for trading success on that pair and time-frame at that moment.
How to use:
- When there is a sufficient trend and pullback for an entry yellow dots will appear under the bars. An buy-stop line (green) and a stop-loss line (red) also appear on the chart at this point.
- the script tracks having made a trade and continues to draw the stop-loss placement on the chart (red line)
- at the bottom of the chart you an see the script tracking the trades it would place.
- Yellow squares are a pending setup
- A green arrow and green squares are a open position
- A pink X means a losing trade and a green flag means a winning trade
- At the current bar will be data on how well the strategy would perform on that pair at that timeframe. "RR" is the total RR made over the number of trades (a bad trade is counted as -1). "win %" is the percentage of winning trades.
- If there RR is > 2 and win % is > 50%, the data box will show as green, indicating a good probability for trading success on that pair and time-frame at that moment.
Note di rilascio:
Updated the study name to avoid confusion
Note di rilascio:
Minor fix to entry
Note di rilascio:
Updated the RR data box to be out of the way. The X axis bar placement can be set in the options too
Note di rilascio:
Improved the stop-loss line rules
Note di rilascio:
Improved trend data to include trend strength and added higher timeframe mas
Note di rilascio:
Updated pullback rules
Note di rilascio:
Updated stop loss to not kick out on the first candle
Note di rilascio:
Updated to include short trend tracking
Note di rilascio:
Fixed sell line update
Note di rilascio:
Removed entry circles as were clutter
Note di rilascio:
updated to show buy line at last 10 candles
Note di rilascio:
Minor edit
Note di rilascio:
cleaned up script
Note di rilascio:
fixed some small details
Note di rilascio:
Removes swing high line as not really useful