QaSH Momentum Entries

This script implements a variation of the Rob Hoffman's Inventory Retracement strategy, with entries being triggered by inventory retracement candles. Various confirmation parameters are available, such as

• EMA slope for momentum confirmation
  
• multi-timeframe EMA
  
• multi-timeframe Ehler's mother of all moving averages
  
• volume confirmation
  

Position management tools include

• up to 3 orders can be tracked simultaneously and independently as a method of pyramiding into and out of a position
  
• unique order ID's that pass along into the alert message (for helping the automation service manage positions)
  
• entry filters based on current position profit
  
• entry filters based on entry frequency
  
• trade timers that can end a position after a specified amount of time
  
• moving the stoploss when in profit
  
• various parameters can be passed along into the alerts
  

Note di rilascio:

Added an option for using a following adaptive moving average for confirmation

Note di rilascio:

expanded slope range to 0.01-90 degrees
minor visual edit

Note di rilascio:

Republishing just to update the image and showcase features

Note di rilascio:

added support for "% risk of equity" order sizing

Note di rilascio:

added some quantity and leverage placeholders to be used by an automation service

Note di rilascio:

fixed script entering a short while already long