OPEN-SOURCE SCRIPT

Optimized Auto-Detect Strategy (MA, ATR, Trend, RSI)

658
Overview
This script is designed for traders seeking a trend-following approach that adapts to different currency pairs (e.g., EURUSD, NZDUSD, XAUUSD). It combines moving average crossovers with ATR-based stops, optional trend filters, and RSI filters to help reduce false signals and capture larger moves.

Key Features
1. Auto-Detect Logic
- Automatically applies different moving average periods and ATR multipliers based on the symbol (e.g., XAUUSD, EURUSD, NZDUSD).
- Makes it easy to switch charts without manually adjusting parameters each time.

2. ATR-Based Stop
- Uses the Average True Range (ATR) to set dynamic stop-loss levels, adapting to each market’s volatility.

3. Optional Trend Filter
- Filters out trades if price is below the 200 SMA for longs (and above for shorts), aiming to avoid choppy, range-bound markets.

4. Optional RSI Filter
- Only enters long if RSI is above a certain threshold (e.g., 50), or short if below another threshold, reducing entries during low momentum.

5. Partial Exit & Trailing/Break-Even
- Locks in partial profit at a chosen R:R (e.g., 1:1), then either trails the remaining position or moves the stop to break-even.
- This helps capture additional gains if the trend extends beyond the initial target.

6. Customizable Parameters
- You can toggle on/off each filter (Trend, RSI) and adjust the ATR multiplier, MA periods, partial exit levels, etc.
- Allows easy optimization for different pairs or timeframes.

How to Use
1. Add to Chart: Click “Add to chart” in the Pine Editor.
2. Configure Inputs: In the script’s settings, toggle the filters you want (Trend Filter, RSI Filter, etc.) and set your desired ATR multiplier, RSI thresholds, partial exit ratio, etc.
3. Strategy Tester: Check the performance under the “Strategy Tester” tab. Adjust parameters if needed.
4. Realistic Settings: Consider adding spreads/commissions in the “Properties” tab for more accurate backtests, especially if you trade pairs with higher spreads (like XAUUSD).

Disclaimer
No Guarantee: This script does not guarantee profits. Markets are unpredictable, and results may vary with market conditions.
For Educational Purposes: Always do your own research and forward testing. Past performance does not indicate future results.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.