Cloud X MesoHello there fellow Traders!
Thanks for stopping by, so today I will be covering everything you need to to know about this TradingView strategy.
Below I will discuss everything you need to know about this strategy so you can get a full grasp of what the strategy is, the features, what it does, how it works, the benefits of how this strategy can help you, and the results.
What is Cloud X Meso?
-Cloud X Meso is a strategy that consists of 7 indicators to all line up for total confluence to take a buy or sell once all 6 indicators conditions are met. This strategy does not repaint and doesn't require any technical analysis to be used. The strategy can be used on any timeframe, and any instrument.
-I have optimized many different variations for different types of trading instruments of this strategy ready to be used. The difference of this strategy is that these variations do not need any reoptimization to keep up with recent market conditions since there are hardly any inputs used, which prevents common overfitting problems. The main goal was for this strategy to be automated, as well as plug and play or you can officially consider this as set and forever forget.
What does this strategy do?
-The main goal for this strategy is to catch long or short term trends by waiting for all 7 indicators to line up as well as using customized trading times to trade certain sessions where there is high amounts of volume in the market. This strategy doesn't always need to have a clear trending market, since it can also catch short term trends in choppy markets as well. Overall, the strategy tell you when it buys, sells, and exits after all conditions are met.
How does the strategy work?
-The way that this strategy works is when all of the indicators confluences are met. Next, a buy or sell label will print and the candles colors will color blue or red to show that the trade is in the buy or sell position followed along with a magenta colored line which is the trailing stop to follow the trade until the trade exits from the trailing stop being hit or if the strategies exit condition is met.
-The strategy does have a set Take Profit target since it relies on the trailing stop to end the trade. This is beneficial so you can catch any size of a trend move when the strategy is in high volume market sessions. You catch these trends by customizing the settings to toggle on or off certain indicators, functions, configuring a customized trading time, and toggling on or off certain trading days to make a specific approach for fine tuning a pair to trade in a certain time window with high amounts of volume to catch trending moves whether it be a long or short term trend.
Below I will explain each functionality of the strategy for you to better understand the different ways you can adjust the settings of this strategy.
Backtest Settings:
-You can use these settings to determine a start / end date of what results you would like to see in the strategy tester.
-You can determine the $ amount you would like to see on strategy testers results to be in terms of net profit and max drawdown.
-You can choose whether you want the strategy to take buys only, sells only, or buys and sells.
Automation:
-Compatible with Pine Connectors to fully automate this strategy for MT4/5
-It uses a % based risk when placing trades so you won't have to calculate a proper lot size or dollar amount.
-You can also put the symbol of what that strategy will be trading on so you know what pair its trading.
Custom Trading Times:
-When you customize a trading time for the strategy to trade in, the background will turn blue for that specific time window, and you can use the "Session Exit" function to have trades close once the time window ends when toggled on, or you can have the existing trades close on their own when "Session Exit" is toggled off.
Dynamic Trailing:
-The algorithm uses a volatility based indicator to determine proper stop loss placement depending on how volatile the market is. This will prevent you from guesstimating if your stop loss is too big or too small.
-When Dynamic trailing is off, then the strategy will use a Risk Reward based stop loss to trail everytime the trades hits a new Risk Reward target.
-You can also toggle on or off for the stop loss to go to break even once the trade hits a 1:1 Risk Reward.
Directional Bias Settings:
-This indicator is the main directional bias that uses a multi timeframe function to determine the directional bias, you can also use the Exponential Moving Average as a form of directional bias instead, or you can use both of them to work together to find the directional bias. You can also toggle each one on or off
Entry / Exit Settings:
-This indicator also uses a multi timeframe function but it determines the entry and exit for a trade when all confluences are met. You can also toggle the entry and exit functions on or off.
1 Candle Rule:
-This feature is inspired by No Nonsense Forex (NNFX) the main function of this is if your entry doesn't meet all the entry conditions, then the strategy will wait 1 more candle to meet all the entry conditions to take a trade.
No Trade Zone:
-This feature will uses a Volume based indicator to filter out low volume markets. The candles will turn grey to indicate the algorithm not to take trades, and you can also customize the sensitivity of how strong this indicator will filter out the low volume in the markets.
Indicator functions
Each indicator plays a certain role and also meets certain conditions when a buy or sell trade is placed. I will reveal 3 out of 7 of the indicators used to preserve the uniqueness of this strategy but overall, the logic of this strategies main goal is to ride long or short terms trends while getting dynamic Risk Reward trades.
-The first indicator that the strategy uses an Exponential Moving Average that is customizable, and is used as a form of a filter for either a long or short term directional bias to filter out false signals to help the algorithm trade with the trend.
-The second indicator that the strategy uses is an Oscillator which is the Wavetrend and this indicators functionality for the algorithm is used for the its buy and sell signals to line up with all the other indicators for confluence. This indicator can also be toggled on or off for you own preference
-The third indicator used is the Volume indicator, and this is used to give the other indicators the green light to enter a trade if there are high amounts of volume in the market.
What are the benefits of using this algorithm?
Stress Free Trading:
-Once automated, you will no longer need to stare at the charts all day, as well as trying to execute the trades on time or worried that you missed a setup. Or you can choose to take trades manually when a buy or sell signal comes up
Stress Free Risk Management:
-All you have to do is provide a risk % and the algorithm will do the rest of the work calculating the stop loss, exiting trades, etc. No more needing to find the right lot size, or dollar amount, all in all the strategy will manage the trades for you.
Psychology:
-when you choose to have a systematic trading approach, it eliminates a lot bad habits from human nature
What are the results like?
-I have multiple different variations of results of this strategy, but I will share one of the results.
Here is a screenshot below of what this strategy can do from just one of the variations.
The backtest below was done with another variation on simulating a 100k account risking 0.50% per trade.
Thank you for taking the time to read through this whole guide, and I hope this helped you better understand the strategy.
Cerca negli script per "algo"
Crypto Tipster v2---------------------
Crypto Tipster v2
Hello again! We're back with a drastically improved Crypto Tipster v2 Indicator using over a dozen all new algorithms based around Technical Analysis, Price Action, Momentum Swings and Reversal Detection.
We've taken our time with version 2 of Crypto Tipster, putting all our best practices to work and ensuring it performs superbly across numerous crypto markets and timeframes - we have focused our efforts towards the larger timeframes, 12H, 1D, 2D for example as we believe these to be the most consistent and predictable, and therefore the most profitable.
Trading on longer timeframes also reduces the overal cost of trading fee's as you'll be placing fewer trades over any given time period, whilst catching bigger swings and therefore earning a higher percentage per winning trade. Due to these bigger price swings you can de-leverage your trades too, making them inherintly safer and more controlled.
The final benefit to placing trades on longer timeframes is that you will not be tied down to your PC or laptop for hours on end waiting for a perfect entry or exit point, which increases the odds of placing bad/panic trades or even placing trades due to boredom! If you trade with Crypto Tipster v2 on a 1D timeframe, you will only ever have work to do once per day, at bar close; this is when trades are placed or exited, or stop losses/take profits are updated to new levels - easy!
Crypto Tipster v2 can help consistently catch tops and bottoms of trending markets whilst avoiding placing trades through choppy or ranging areas, this helps to not only maximise profits (what we're all after!) but also to minimise losses (equally important). We've tirelessly tested Crypto Tipster using literally thousands of variables across dozens of built-in algorithms over hundreds of trading pairs - lots of data to process!
The outcome is rather stunning and well worth checking out - we're rather proud of what we've achieved here, and we're pretty sure you're going to love it too!
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What's Included
- Chart Settings
The first section you'll come across, Chart Settings.
Here you'll find a few options regarding how your chosen market chart will look within TradingView and how Crypto Tipster will interact with this chart.
One of the most important Tick boxes is first on the list - "Show Backtest Results". This will change Crypto Tipster from displaying simple but easy-to-follow "Buy/Sell" labels into Strategy mode in which you can set up more complicated Stop Loss / Take profit settings as well as setting up Alerts for auto trading and other more complex functions (see How It Works for more info!
We've also included a "Trend Strength Bar Color" tick box which changes the color of the chart bars based on how strong Crypto Tipster is perceiving the current trend and in which direction.
- Trend Settings
"Trading Frequency" represents how often Crypto Tipster will be looking for a new trend / change in trend direction, and therefore how often it will be placing trades. By default this is set to "Normal" but can be changed to "Rapid" using the drop down menu.
"Entry Trend Strength" also determines how frequently trades are placed by selecting the strength of trend required before a trade is placed. The scale ranges from "1-5", with 1 being a low trend strength required, 5 being a very strong trend strength required.
Within the Trend Settings section you'll also find an "Avg Trend Strength over Bars" option. This allows you to average (mean) the current trend strength over a pre-determined amount (1-5) of previous chart bars - thus providing a potentially more consistent signal.
- Trade Settings
Trade Settings help Crypto Tipster determine what type of trades you're looking to place.
The overall "Trade Direction" will decide to either target only Long trades, only Short trades, or Both (default).
"Consecutive Trades in Same Direction" allows for pyramiding - whereby you can specify to allow for multiple trades of the same direction. Set to "1" as default allows for no extra pyramiding, max setting of "10".
- Trade Protection
Currently consisting of two functions, our Trade Protection section can help to achieve both the removal of false signals (whipsaws), and the extension of good trades without confusion during minor retracements.
"Chop Removal" can help to remove some whipsaw trades during ranging market conditions, therefore improving overal profitability by only targeting stronger trends. You have an option to choose from either "Weak" or "Strong" Chop Removal.
"Protection Filter" uses current trading criteria as defined by you, and uses it to check against a higher time frame than you're currently viewing. This can help to eliminate some bad trades at the expense of a potential lag on good trades.
- Stop Loss / Take Profit
Stop Losses should be a crucial aspect of everyone's trading system. They help prevent any trade from going too far in the wrong direction and limit losses.
Our "Stop Loss (%)" is quick and easy to set up, simply set the percentage offset from the entry price of trades and a fixed Stop Loss will be in place on all trades.
"Take Profit (%)" works in the same way as the Stop Loss mentioned above - simply set the percentage you'd like to exit a profitable trade at.
The "Trailing Stop (%)" is a little more complicated in that it will follow the trend of the trade a certain percentage away from the current market price - this is great for keeping yourself in a trade for as long as the trade is moving in the right direction.
- Extra Tools & Indicators
This is the section of Crypto Tipster that enables you to add some chart visuals to assist you with your preferred trading style.
"Potential Pivot Points" are not the same as actual pivot points - Potential pivot points will paint on the chart at bar close, giving you an immediate alert to potential tops/bottoms of market trends. You can choose to display only the strongest potential points, or include some of the weaker signals too.
"Actual Pivot Points" are inherintly more accurate than Potential pivot points, but do not paint on the chart until after a pre-determined amount of time has passed. These are great for placing stop losses/take profits or watching the market for breakouts or reversals.
"Support/Resistance Levels" plots up to 6 support and resistance horizontal lines based on recent price tops/bottoms. Use these to determine areas where price could rebound or break-through.
"Bollinger Band Breakout" - Bollinger bands are a tried and tested technical analysis tool, similar to pivot points and support/resistance lines, thee are another great tool to determine where price may retrace, consolidate or breakout.
- Ichimoku Cloud
Somewhat confusing and intimidating when you first come across this technical analysis indicator, the "Ichimoku Cloud" is one of our favorites. Assisting with the detection of Dynamic Support and Resistance levels, Momentum and Trend Direction all in one super indicator.
Although certain aspects of the Ichimoku Cloud are already present within Crypto Tipster v2 algorithms in order to offer you the best possible signals, we've also included a user-definable section of it's own so you can manually set up and use the cloud for your own trading needs, all cloud signals (and there are many) are available to set up as Alerts for your own needs or an Auto-Trading Bot.
- Custom Alerts for Any Signal
We've endeavoured to ensure that all signals, not just the Buy/Sell signals, are ready and available to create Alerts with; giving you the most opportunity to create a fully custom trading engine that suits your exact trading requirements.
This means you can set Alerts for any and all signals you can see on the chart when using Crypto Tipster v2, this includes Buy/Sell Signals, Trend Strength Signals, Choppy Market Signals, Stop Loss/Take Profit Signals, Pivot Points, S/R levels crossed above & below, Bollinger Band Breakout and several Ichimoku Cloud Signals.. the list goes on!
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We've tried to make Crypto Tipster as comprehensive and easy to understand as possible, we are however always in search of progression; we do really love to hear your feedback :)
For more information and a free 8-day trial please visit the link in our signature
Happy Trading Guys
iMoku (Ichimoku Complete Tool) - The Quant Science iMoku™ is a professional all-in-one solution for the famous Ichimoku Kinko Hyo indicator.
The algorithm includes:
1. Backtesting spot
2. Visual tool
3. Auto-trading functions
With iMoku you can test four different strategies.
Strategy 1: Cross Tenkan Sen - Kijun Sen
A long position is opened with 100% of the invested capital ($1000) when "Tenkan Sen" crossover "Kijun Sen".
Closing the long position on the opposite condition.
There are 3 different strength signals for this strategy: weak, normal, strong.
Weak : the signal is weak when the condition is true and the price is above the 'Kumo'
Normal : the signal is normal when the condition is true and the price is within the 'Kumo'
Strong : the signal is strong when the condition is true and the price is below the 'Kumo'
Strategy 2: Cross Price - Kijun Sen
A long position is opened with 100% of the invested capital ($1000) when the price crossover the 'Kijun Sen'.
Closing the long position on the opposite condition.
There are 3 different strength signals for this strategy: weak, normal, strong.
Weak : the signal is weak when the condition is true and the price is above the 'Kumo'
Normal : the signal is normal when the condition is true and the price is inside the 'Kumo'
Strong : the signal is strong when the condition is true and the price is below the 'Kumo'
Strategy 3: Kumo Breakout
A long position is opened with 100% of the invested capital ($1000) when the price breakup the 'Kumo'.
Closing the long position with a percentage stop loss and take profit on the invested capital.
Strategy 4: Kumo Twist
A long position is opened with 100% of the invested capital ($1000) when the 'Kumo' goes from negative to positive (called "Twist").
Closing the long position on the opposite condition.
There are 2 different strength signals for this strategy: weak, and strong.
Weak : the signal is weak when the condition is true and the price is above the 'Kumo'
Strong : the signal is strong when the condition is true and the price is below the 'Kumo'
This script is compliant with algorithmic trading.
You can use this script with trading terminals such as 3Commas or CryptoHopper. Connecting this script is very easy.
1. Enter the user interface
2. Select and activate a strategy
3. Copy your bot's links into the dedicated fields
4. Create and activate alert
Disclaimer: algorithmic trading involves risk, the user should consider aspects such as slippage, liquidity and costs when evaluating an asset. The Quant Science is not responsible for any kind of damage resulting from use of this script. By using this script you take all the responsibilities and risks.
Btcusdt - 4hr Trendreversal algoritmeIn this strategy we use a combination of differents indicators to catch the highs and lows and follow the right direction at all times.
The conditions of this 4hr algo are based on Ema's and WMA's that rise or fall:
Momentum;
Price Action
Volume
RSI
BB
I have backtested the algo for 2 years before i ran it live. I ran the algo live for 1 year now and ( October 2020) as for now the algo indicates a trend reversal 70-80% correctly.
The backtest result shown started from 01-10-2017and is simulated using 15% of the capital on BINANCE:BTCUSDT
I have varies Algo's on different Timeframes. If you're interested sent me a message.
Please be aware that past results are no guarantee for future performance!
OnePunch Algo Hard BUY/SELL and Date Range - Version 1~~~ How to Detect Sell Signals ~~~
The First Red Outlined Yellow Bar after a purple "close entry order long" signal : then that is a SELL
~~ What is Purple Signal~~~
Purple "Close Entry Order Long" is a warning for a trend reversal. Normally this is given when the upward trend is reversed.
~~~ How to Detect Buy Signals ~~~
Like in the screenshot, the 1st blue "long" signal after 1 or couple of white bars; then it is a BUY.
Note: This is only available for invited members only. This is a new strategy with Dates ranges.
Profitable Parabolic SARIntroduction
As you know, Parabolic Stop and Reverse (SAR, PSAR) was originally developed by J. Welles Wilder and was described in his book "New Concepts in Technical Trading Systems" (1978). It derives its name from the fact that when charted, the pattern formed by the points resembles a parabola.
Mr. Wilder described it as "one of my favorite systems because it squeezes more profit out of an intermediate move than any method I know" .
Interpretation
PSAR follows price and can be considered a trend following indicator. Once a downtrend reverses and starts up, PSAR follows prices like a trailing stop. Same is true for the opposite direction.
Due to its nature, PSAR continuosly protects on long and short positions.
Parameters
One of the key components of PSAR is the Acceleration Factor (AF). The AF is one of a progression of numbers beginning at 0.02 and ending at 0.2 . The AF is increased by the increment of 0.02 each time that a new high is made until a value of 0.2 is reached.
Mr. Wilder used the next parameters
Start: 0.02
Increment: 0.02
Maximum: 0.2
and they are default for the built-in PSAR indicator and its strategy.
But are these params really profitable? Mr. Wilder noticed that "I have tried many different acceleration factors on this system and have found that a consistent increase of 0.02 works best overall...the range for the incremental increase is between 0.018 and 0.021 " .
That was then, in 1978. Other times have come. Is our grandpa still right in his recommendations?
I made this tool to figure it out.
What is this tool?
This tool is a performance scanner that uses a decision tree-based algorithm under the hood to find the most profitable settings for PSAR. It analyzes a bunch of different Start (between 0.001 to 0.02 ) and Increment (between 0.001 to 0.03 ) parameters and backtests each combination across the entire history of an instrument. If the more profitable parameters were found, the indicator will switch its values to the found ones immediately.
Instead of manually selecting parameters, just relax - the algorithm will do it for you.
It doesn't touch the last parameter, Maximum , for two reasons.
First, as Mr. Wilder noticed in his book, "...the number of increases it takes to reach at least 0.2 , but do not exceed 0.22 " . That is, the parameter sits in a very narrow range.
Second, I tested different maximums and I came to the conclusion that this parameter has a minimal impact on net profit, compared with the more significant parameters of start and increment.
Alerts
It has an alert that notifies when the more profitable settings were detected.
NOTE : It does not change what has already been plotted.
Good luck!
Trend Precognition - Mtrl_ScientistHi everyone,
This is an updated version of my base algorithm "BTC Precognition". I've managed to remove some lag, while at the same time smoothing the curve (blue).
All you need to know about it is on the chart's legend. The arrows just correspond to the bottoms/tops of the blue signal curve (marked with green/red circles). However, predicting turning points is difficult and I'm still working on that. So for now, the signals are offset by 1 candle into the past. This means that all of your trades will be 1 candle late, unless you trade intrabar using your own intuition. As a help, I've also included the first derivative (black curve) that will tell you the slope of the blue curve. Remember, when the curve is about to turn, the slope becomes zero. However, you can anticipate this by looking at the slope's direction and guessing when it will cross the zero line.
This is still all work in progress, so invite-only.
KML ALGO V6 – Elite Trading Bot🚀 KML ALGO - Professional Trading Bot by Ahmad Shoaib Kamal
💎 PREMIUM FEATURES:
• Advanced ATR Trailing Stop Algorithm
• Multi-Filter Smart System (RSI, MACD, Stochastic, Volume, Trend)
• Intelligent Scoring System for High-Quality Signals
• Universal: Works on ALL Markets & Timeframes
• Live Information Dashboard
• Professional Alert System
⚡️ WHAT MAKES IT SPECIAL:
✅ Eliminates False Signals with 5-Filter Validation
✅ Adaptive to Market Conditions
✅ Clean Visual Interface with Color-Coded Signals
✅ Real-time Performance Metrics
✅ Fully Customizable Parameters
✅ Works on Crypto, Forex, Stocks, Indices...
🎯 PERFECT FOR:
• Day Traders seeking precise entries/exits
• Swing Traders looking for trend confirmation
• Automated Trading Systems
• Professional Portfolio Management
⚙️ CUSTOMIZABLE SETTINGS:
• Key Value (Signal Sensitivity)
• ATR Period Configuration
• Enable/Disable Any Filter
• Fine-tune All Parameters
• Heikin Ashi Support
🎨 PROFESSIONAL DISPLAY:
• Dynamic Trailing Stop Line
• Clear BUY/SELL Labels
• Weak Signal Indicators
• Live Stats Table
• Smart Alerts
⭐️ DEVELOPED BY: Ahmad Shoaib Kamal
🔥 BATTLE-TESTED ALGORITHM
💰 INVITE-ONLY ACCESS
👉 “Exclusive Access – Apply Now to Unlock Premium Features”
Perfect for Crypto, Forex, Stocks & Indices traders seeking high-accuracy signals with ATR, RSI, MACD, Stochastic, Volume & Trend analysis.
Whale Algo v11.2 [Strategy] IndicatorEdge By SGStop guessing and start trading with a systematic edge. The Whale Algo is a complete, multi-faceted trading strategy designed to emulate the disciplined approach of institutional "whale" traders. It's not just another signal indicator; it's a comprehensive backtesting and execution framework built on a robust foundation of trend analysis, momentum confirmation, and professional-grade risk management.
This final edition (v11.2) is the culmination of extensive development, featuring adaptive parameters, advanced risk controls like drawdown protection, and an intuitive dashboard to monitor every aspect of the strategy's performance in real-time.
Key Features
🧩 Asset Profiles: Get started in seconds. One-click profiles for Stocks, Forex, Crypto, and Commodities automatically load recommended settings for key parameters like ATR multipliers and trading sessions.
📈 Multi-Layered Trend Engine: The core logic combines a fast/slow EMA crossover on the current timeframe with a higher-timeframe EMA to ensure trades are only taken in the direction of the dominant, institutional trend.
💪 Advanced Price Action Filters: Go beyond simple crossovers. The algorithm validates every signal with a suite of optional filters:
Candle Strength Filter: Avoids weak signals by requiring decisive momentum in the entry candle.
Wick Rejection Filter: Ignores candles that show significant price rejection against the trade direction.
Volume Confirmation: Ensures that significant market participation is backing your entry.
🛡️ Institutional-Grade Risk Management: This is what separates this strategy from the rest.
Max Drawdown Protection: Automatically halts trading if equity drops below a preset threshold, protecting your capital.
Trade Cooldown: Prevents over-trading by enforcing a waiting period after a trade closes.
Volatility-Adjusted Sizing: Dynamically increases or decreases position size based on current market volatility (ATR).
Adaptive SL/TP: The strategy can automatically adjust Stop Loss and Take Profit levels based on its recent performance (Profit Factor).
📊 Real-Time Strategy Dashboard: Your command center. The on-screen dashboard provides an at-a-glance summary of the active profile, current position, profit factor, risk status, and a checklist of the live signal conditions.
🤖 Automation-Ready Alerts: The script generates clean, dynamic JSON-formatted alerts for both long and short entries. This allows for seamless integration with third-party trading automation platforms (e.g., PineConnector, 3Commas, etc.).
How the Strategy Works: The Core Logic
The Whale Algo follows a simple yet powerful logic:
Trend Confirmation: It first confirms a strong trend using a triple-EMA alignment (Close > Fast EMA > Slow EMA > HTF Slow EMA).
Momentum Check: It then uses the RSI to ensure momentum is in the direction of the trade (RSI > 52 for longs, < 48 for shorts).
Signal Validation: Finally, it applies all active Session and Price Action filters to qualify the signal, ensuring only high-quality setups are considered.
Execution & Management: If a signal is valid, it calculates the precise position size based on your equity and risk settings, enters the trade, and manages it with an ATR-based Stop Loss and a Risk-to-Reward based Take Profit.
How To Use This Strategy
Select Your Asset Profile: Choose the profile that best matches the asset you are trading to load the recommended base settings.
Backtest: Use TradingView's Strategy Tester to see how the Whale Algo has performed on your chosen asset and timeframe. Pay close attention to the Profit Factor, Max Drawdown, and the Equity Curve.
Optimize (If Needed): While the profiles are a great starting point, feel free to adjust parameters in the "Core Trading Logic" and "Filters" sections to fine-tune performance for your specific asset.
Set Up Alerts for Automation:
Add the strategy to your chart.
Create a new Alert.
Set the "Condition" to "Whale Algo v11.2...".
The "Message" box should contain this placeholder: {{strategy.order.alert_message}}. This will pass the dynamic JSON message from the script to the alert.
Configure your webhook URL and you are ready for automation!
Disclaimer: This is a sophisticated tool for educational and analytical purposes. All trading involves substantial risk. Past performance, including backtest results, is not indicative of future results. Please conduct your own thorough research and risk assessment before trading live capital.
Mutanabby_AI | Algo Pro Strategy# Mutanabby_AI | Algo Pro Strategy: Advanced Candlestick Pattern Trading System
## Strategy Overview
The Mutanabby_AI Algo Pro Strategy represents a systematic approach to automated trading based on advanced candlestick pattern recognition and multi-layered technical filtering. This strategy transforms traditional engulfing pattern analysis into a comprehensive trading system with sophisticated risk management and flexible position sizing capabilities.
The strategy operates on a long-only basis, entering positions when bullish engulfing patterns meet specific technical criteria and exiting when bearish engulfing patterns indicate potential trend reversals. The system incorporates multiple confirmation layers to enhance signal reliability while providing comprehensive customization options for different trading approaches and risk management preferences.
## Core Algorithm Architecture
The strategy foundation relies on bullish and bearish engulfing candlestick pattern recognition enhanced through technical analysis filtering mechanisms. Entry signals require simultaneous satisfaction of four distinct criteria: confirmed bullish engulfing pattern formation, candle stability analysis indicating decisive price action, RSI momentum confirmation below specified thresholds, and price decline verification over adjustable lookback periods.
The candle stability index measures the ratio between candlestick body size and total range including wicks, ensuring only well-formed patterns with clear directional conviction generate trading signals. This filtering mechanism eliminates indecisive market conditions where pattern reliability diminishes significantly.
RSI integration provides momentum confirmation by requiring oversold conditions before entry signal generation, ensuring alignment between pattern formation and underlying momentum characteristics. The RSI threshold remains fully adjustable to accommodate different market conditions and volatility environments.
Price decline verification examines whether current prices have decreased over a specified period, confirming that bullish engulfing patterns occur after meaningful downward movement rather than during sideways consolidation phases. This requirement enhances the probability of successful reversal pattern completion.
## Advanced Position Management System
The strategy incorporates dual position sizing methodologies to accommodate different account sizes and risk management approaches. Percentage-based position sizing calculates trade quantities as equity percentages, enabling consistent risk exposure across varying account balances and market conditions. This approach proves particularly valuable for systematic trading approaches and portfolio management applications.
Fixed quantity sizing provides precise control over trade sizes independent of account equity fluctuations, offering predictable position management for specific trading strategies or when implementing precise risk allocation models. The system enables seamless switching between sizing methods through simple configuration adjustments.
Position quantity calculations integrate seamlessly with TradingView's strategy testing framework, ensuring accurate backtesting results and realistic performance evaluation across different market conditions and time periods. The implementation maintains consistency between historical testing and live trading applications.
## Comprehensive Risk Management Framework
The strategy features dual stop loss methodologies addressing different risk management philosophies and market analysis approaches. Entry price-based stop losses calculate stop levels as fixed percentages below entry prices, providing predictable risk exposure and consistent risk-reward ratio maintenance across all trades.
The percentage-based stop loss system enables precise risk control by limiting maximum loss per trade to predetermined levels regardless of market volatility or entry timing. This approach proves essential for systematic trading strategies requiring consistent risk parameters and capital preservation during adverse market conditions.
Lowest low-based stop losses identify recent price support levels by analyzing minimum prices over adjustable lookback periods, placing stops below these technical levels with additional buffer percentages. This methodology aligns stop placement with market structure rather than arbitrary percentage calculations, potentially improving stop loss effectiveness during normal market fluctuations.
The lookback period adjustment enables optimization for different timeframes and market characteristics, with shorter periods providing tighter stops for active trading and longer periods offering broader stops suitable for position trading approaches. Buffer percentage additions ensure stops remain below obvious support levels where other market participants might place similar orders.
## Visual Customization and Interface Design
The strategy provides comprehensive visual customization through eight predefined color schemes designed for different chart backgrounds and personal preferences. Color scheme options include Classic bright green and red combinations, Ocean themes featuring blue and orange contrasts, Sunset combinations using gold and crimson, and Neon schemes providing high visibility through bright color selections.
Professional color schemes such as Forest, Royal, and Fire themes offer sophisticated alternatives suitable for business presentations and professional trading environments. The Custom color scheme enables precise color selection through individual color picker controls, maintaining maximum flexibility for specific visual requirements.
Label styling options accommodate different chart analysis preferences through text bubble, triangle, and arrow display formats. Size adjustments range from tiny through huge settings, ensuring appropriate visual scaling across different screen resolutions and chart configurations. Text color customization maintains readability across various chart themes and background selections.
## Signal Quality Enhancement Features
The strategy incorporates signal filtering mechanisms designed to eliminate repetitive signal generation during choppy market conditions. The disable repeating signals option prevents consecutive identical signals until opposing conditions occur, reducing overtrading during consolidation phases and improving overall signal quality.
Signal confirmation requirements ensure all technical criteria align before trade execution, reducing false signal occurrence while maintaining reasonable trading frequency for active strategies. The multi-layered approach balances signal quality against opportunity frequency through adjustable parameter optimization.
Entry and exit visualization provides clear trade identification through customizable labels positioned at relevant price levels. Stop loss visualization displays active risk levels through colored line plots, ensuring complete transparency regarding current risk management parameters during live trading operations.
## Implementation Guidelines and Optimization
The strategy performs effectively across multiple timeframes with optimal results typically occurring on intermediate timeframes ranging from fifteen minutes through four hours. Higher timeframes provide more reliable pattern formation and reduced false signal occurrence, while lower timeframes increase trading frequency at the expense of some signal reliability.
Parameter optimization should focus on RSI threshold adjustments based on market volatility characteristics and candlestick pattern timeframe analysis. Higher RSI thresholds generate fewer but potentially higher quality signals, while lower thresholds increase signal frequency with corresponding reliability considerations.
Stop loss method selection depends on trading style preferences and market analysis philosophy. Entry price-based stops suit systematic approaches requiring consistent risk parameters, while lowest low-based stops align with technical analysis methodologies emphasizing market structure recognition.
## Performance Considerations and Risk Disclosure
The strategy operates exclusively on long positions, making it unsuitable for bear market conditions or extended downtrend periods. Users should consider market environment analysis and broader trend assessment before implementing the strategy during adverse market conditions.
Candlestick pattern reliability varies significantly across different market conditions, with higher reliability typically occurring during trending markets compared to ranging or volatile conditions. Strategy performance may deteriorate during periods of reduced pattern effectiveness or increased market noise.
Risk management through stop loss implementation remains essential for capital preservation during adverse market movements. The strategy does not guarantee profitable outcomes and requires proper position sizing and risk management to prevent significant capital loss during unfavorable trading periods.
## Technical Specifications
The strategy utilizes standard TradingView Pine Script functions ensuring compatibility across all supported instruments and timeframes. Default configuration employs 14-period RSI calculations, adjustable candle stability thresholds, and customizable price decline verification periods optimized for general market conditions.
Initial capital settings default to $10,000 with percentage-based equity allocation, though users can adjust these parameters based on account size and risk tolerance requirements. The strategy maintains detailed trade logs and performance metrics through TradingView's integrated backtesting framework.
Alert integration enables real-time notification of entry and exit signals, stop loss executions, and other significant trading events. The comprehensive alert system supports automated trading applications and manual trade management approaches through detailed signal information provision.
## Conclusion
The Mutanabby_AI Algo Pro Strategy provides a systematic framework for candlestick pattern trading with comprehensive risk management and position sizing flexibility. The strategy's strength lies in its multi-layered confirmation approach and sophisticated customization options, enabling adaptation to various trading styles and market conditions.
Successful implementation requires understanding of candlestick pattern analysis principles and appropriate parameter optimization for specific market characteristics. The strategy serves traders seeking automated execution of proven technical analysis techniques while maintaining comprehensive control over risk management and position sizing methodologies.
Brain Premium [ALGO]💡 Brain Premium ALGO
Brainpremium ALGO is a strategy algorithm that analyzes a two-phase regional liquidity structure and only opens positions on price breakouts occurring within these liquidity zones.
This system is developed based on the market experience of manual traders and automatically executes trade decisions using AI-like rules and specific triggers.
💡 Two-Phase Liquidity-Based Entry Strategy
This strategy operates by detecting liquidity sweep zones and confirmed reversal signals:
🔹 Phase 1 – Liquidity Sweep:
Price is expected to sweep areas where equal highs/lows or liquidity clusters exist. These zones are considered potential reversal levels.
🔹 Phase 2 – Confirmed Entry:
After liquidity is swept, entries are triggered only by confirmed reversal signals such as structural breaks, inside bars, or breakouts in the opposite direction.
✅ Entries are triggered only when liquidity and reversal confirmation occur simultaneously.
🎯 This approach targets high-probability, low-risk trades.
⚙️ Key Features
🔍 Dynamic Liquidity Detection — Automatically identifies liquidity zones.
🧩 Modular Entry Options (1–2–3) — Allows opening positions via different strategy paths.
🛡️ Dynamic Stop Loss System — Stop Loss adjusts as price moves favorably.
📈 Advanced Risk Management — Adjustable Take Profit, Stop Loss, leverage, balance, and mode.
🔔 JSON Alert Support — Connects to platforms like BingX via webhook.
🧾 Information Panel — Displays real-time trade data and strategy status.
📊 Backtest & Default Settings
Strategy tests are conducted with realistic and sustainable parameters:
Parameter Value
Trading Balance: $100 (%10 of total wallet)
Leverage: 10x
Stop Loss: 1%
Take Profit Type : High TP (optional: Low and Risky also available)
Entry Option 1 (optional: 2 and 3 also available)
Mode: NORMAL
Commission 0.05%
Dynamic Stop Loss: Enabled
Timeframe: 5 minute
Pair ETH/USDT
Duration: 30 days
🧭 Usage Instructions
Add Brain Premium ALGO to your TradingView chart.
Set position size, leverage, and SL/TP levels from the settings panel.
Select entry option (1, 2, or 3).
Activate backtesting and alert systems to monitor the strategy.
⚠️ Disclaimer
This strategy is not financial advice. Past performance does not guarantee future results. Trade only with capital you can afford to risk and always test thoroughly in a demo environment first.
Trendline Breaks with Multi Fibonacci Supertrend StrategyTMFS Strategy: Advanced Trendline Breakouts with Multi-Fibonacci Supertrend
Elevate your algorithmic trading with institutional-grade signal confluence
Strategy Genesis & Evolution
This advanced trading system represents the culmination of a personal research journey, evolving from my custom " Multi Fibonacci Supertrend with Signals " indicator into a comprehensive trading strategy. Built upon the exceptional trendline detection methodology pioneered by LuxAlgo in their " Trendlines with Breaks " indicator, I've engineered a systematic framework that integrates multiple technical factors into a cohesive trading system.
Core Fibonacci Principles
At the heart of this strategy lies the Fibonacci sequence application to volatility measurement:
// Fibonacci-based factors for multiple Supertrend calculations
factor1 = input.float(0.618, 'Factor 1 (Weak/Fibonacci)', minval = 0.01, step = 0.01)
factor2 = input.float(1.618, 'Factor 2 (Medium/Golden Ratio)', minval = 0.01, step = 0.01)
factor3 = input.float(2.618, 'Factor 3 (Strong/Extended Fib)', minval = 0.01, step = 0.01)
These precise Fibonacci ratios create a dynamic volatility envelope that adapts to changing market conditions while maintaining mathematical harmony with natural price movements.
Dynamic Trendline Detection
The strategy incorporates LuxAlgo's pioneering approach to trendline detection:
// Pivotal swing detection (inspired by LuxAlgo)
pivot_high = ta.pivothigh(swing_length, swing_length)
pivot_low = ta.pivotlow(swing_length, swing_length)
// Dynamic slope calculation using ATR
slope = atr_value / swing_length * atr_multiplier
// Update trendlines based on pivot detection
if bool(pivot_high)
upper_slope := slope
upper_trendline := pivot_high
else
upper_trendline := nz(upper_trendline) - nz(upper_slope)
This adaptive trendline approach automatically identifies key structural market boundaries, adjusting in real-time to evolving chart patterns.
Breakout State Management
The strategy implements sophisticated state tracking for breakout detection:
// Track breakouts with state variables
var int upper_breakout_state = 0
var int lower_breakout_state = 0
// Update breakout state when price crosses trendlines
upper_breakout_state := bool(pivot_high) ? 0 : close > upper_trendline ? 1 : upper_breakout_state
lower_breakout_state := bool(pivot_low) ? 0 : close < lower_trendline ? 1 : lower_breakout_state
// Detect new breakouts (state transitions)
bool new_upper_breakout = upper_breakout_state > upper_breakout_state
bool new_lower_breakout = lower_breakout_state > lower_breakout_state
This state-based approach enables precise identification of the exact moment when price breaks through a significant trendline.
Multi-Factor Signal Confluence
Entry signals require confirmation from multiple technical factors:
// Define entry conditions with multi-factor confluence
long_entry_condition = enable_long_positions and
upper_breakout_state > upper_breakout_state and // New trendline breakout
di_plus > di_minus and // Bullish DMI confirmation
close > smoothed_trend // Price above Supertrend envelope
// Execute trades only with full confirmation
if long_entry_condition
strategy.entry('L', strategy.long, comment = "LONG")
This strict requirement for confluence significantly reduces false signals and improves the quality of trade entries.
Advanced Risk Management
The strategy includes sophisticated risk controls with multiple methodologies:
// Calculate stop loss based on selected method
get_long_stop_loss_price(base_price) =>
switch stop_loss_method
'PERC' => base_price * (1 - long_stop_loss_percent)
'ATR' => base_price - long_stop_loss_atr_multiplier * entry_atr
'RR' => base_price - (get_long_take_profit_price() - base_price) / long_risk_reward_ratio
=> na
// Implement trailing functionality
strategy.exit(
id = 'Long Take Profit / Stop Loss',
from_entry = 'L',
qty_percent = take_profit_quantity_percent,
limit = trailing_take_profit_enabled ? na : long_take_profit_price,
stop = long_stop_loss_price,
trail_price = trailing_take_profit_enabled ? long_take_profit_price : na,
trail_offset = trailing_take_profit_enabled ? long_trailing_tp_step_ticks : na,
comment = "TP/SL Triggered"
)
This flexible approach adapts to varying market conditions while providing comprehensive downside protection.
Performance Characteristics
Rigorous backtesting demonstrates exceptional capital appreciation potential with impressive risk-adjusted metrics:
Remarkable total return profile (1,517%+)
Strong Sortino ratio (3.691) indicating superior downside risk control
Profit factor of 1.924 across all trades (2.153 for long positions)
Win rate exceeding 35% with balanced distribution across varied market conditions
Institutional Considerations
The strategy architecture addresses execution complexities faced by institutional participants with temporal filtering and date-range capabilities:
// Time Filter settings with flexible timezone support
import jason5480/time_filters/5 as time_filter
src_timezone = input.string(defval = 'Exchange', title = 'Source Timezone')
dst_timezone = input.string(defval = 'Exchange', title = 'Destination Timezone')
// Date range filtering for precise execution windows
use_from_date = input.bool(defval = true, title = 'Enable Start Date')
from_date = input.time(defval = timestamp('01 Jan 2022 00:00'), title = 'Start Date')
// Validate trading permission based on temporal constraints
date_filter_approved = time_filter.is_in_date_range(
use_from_date, from_date, use_to_date, to_date, src_timezone, dst_timezone
)
These capabilities enable precise execution timing and market session optimization critical for larger market participants.
Acknowledgments
Special thanks to LuxAlgo for the pioneering work on trendline detection and breakout identification that inspired elements of this strategy. Their innovative approach to technical analysis provided a valuable foundation upon which I could build my Fibonacci-based methodology.
This strategy is shared under the same Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) license as LuxAlgo's original work.
Past performance is not indicative of future results. Conduct thorough analysis before implementing any algorithmic strategy.
Pivot Points [SMRT Algo]Pivot Points is a free, innovative indicator designed to automatically detect and highlight key turning points on your TradingView charts through advanced candlestick pattern analysis. This indicator is perfect for traders seeking clear visual signals for potential trend reversals.
How It Works:
Candlestick Pattern Analysis: The indicator continuously scans for specific candlestick formations. It identifies a potential high pivot when a bullish candle (where the close is higher than the open) is immediately followed by a bearish candle (where the close is lower than the open). Conversely, a potential low pivot is detected when a bearish candle is followed by a bullish candle.
Boxing the Price Range: Once a potential pivot is identified, the algorithm draws a box around the corresponding price range. This box captures the area where the price action is concentrated, serving as a zone of interest for the pivot.
Confirmation of Major Pivots: The initial detection marks what we call a "minor pivot" with a temporary yellow box. The indicator then waits for subsequent price action. If the price fails to break out of this box—meaning it remains confined within the defined boundaries—the pivot is confirmed as a major pivot. At this stage, the yellow box changes color to green (or red, depending on whether it’s a high or low pivot), clearly marking the confirmed turning point.
Pivot Sequence: The progression follows a clear sequence: Minor Pivot ➔ Yellow Box ➔ Major Pivot. This step-by-step visual guide helps traders quickly interpret the strength and significance of the pivot.
Inputs:
Show Labels: An input option allows you to toggle pivot labels on or off, so you can choose whether to display descriptive labels directly on your chart.
Adjustable Colors: The colors of the pivot points—including the green and red boxes—are fully customizable via the input settings. This ensures that you can tailor the visual appearance of the indicator to match your personal charting style or trading strategy.
Enhancing Entry and Exit Strategies
Entry Points: Look to enter a trade when the indicator confirms a pivot (after the box changes color). A confirmed pivot could indicate that a reversal is underway, giving you a potential entry signal.
Exit Points & Stop Losses: Use the boundaries of the pivot box to set stop losses. For example, if you’re in a long trade and the price approaches a confirmed resistance pivot, consider this a signal to tighten stops or exit, as the trend may reverse.
Confluence with Other Indicators: Combine the pivot point signals with other tools like RSI, MACD, or volume indicators. If multiple signals point to a reversal at the same pivot, it strengthens your confidence in the trade decision.
Trading Strategy Applications
Reversal Trading: Use confirmed pivot points as indicators for potential reversals. Enter trades when the price action validates the pivot point, anticipating that the market is turning.
Range Trading: When the price oscillates within a defined pivot box, you can use the top and bottom of the box as potential boundaries for a range-trading strategy.
Breakout Trading: Conversely, if the price breaks out of a pivot box, this may signal the start of a new trend. You can use this breakout as a trigger for entering a position in the direction of the breakout.
The indicator highlights potential reversal zones with clearly marked boxes and labels, making it easier to spot key turning points and manage trades effectively.
Pivot Points removes the guesswork by automatically scanning for and confirming pivot points based on rigorous candlestick analysis.
Whether you're a day trader or a swing trader, Pivot Points provides actionable insights into market dynamics, helping you to better time entries and exits.
Ichimoku Score Indicator [tanayroy]The Ichimoku Cloud is a comprehensive indicator that provides a clear view of market states through five key components. By analyzing the interaction between these components and the asset's price, traders can gain insights into trend direction, momentum, and potential reversals.
Introducing the Ichimoku Score System
I have developed a scoring system that quantifies these interactions, offering an objective method to evaluate market conditions. The score is calculated based on the relative positioning of Ichimoku components, with adjustable weightings via user input.
Scoring Criteria
Each component contributes to the overall score as follows:
Price vs. Cloud (Kumo) & Other Components
Price vs. Kumo → 2 Points
Price vs. Kumo Shadow → 0.5 Points
Tenkan vs. Kijun
Tenkan vs. Kijun → 2 Points
Tenkan vs. Kumo → 0.5 Points
Kijun vs. Kumo → 0.5 Points
Tenkan Slope → 0.5 Points
Kijun Slope → 0.5 Points
Chikou Span Interactions
Price vs. Chikou → 2 Points
Chikou vs. Kumo → 0.5 Points
Chikou Consolidation → 0.5 Points
Senkou Span Analysis
Senkou A vs. Senkou B → 2 Points
Senkou Slope → 0.5 Points
Price vs. Key Levels
Price vs. Tenkan → 2 Points
Price vs. Kijun → 2 Points
Interpreting the Score
The aggregate score functions as an oscillator, fluctuating between a range of ±16.0.
A higher score indicates strong bullish momentum.
A lower score suggests bearish market conditions.
To enhance readability and smooth fluctuations, a 9-period SMA is applied to the score.
Application in Algorithmic Trading
This scoring system helps integrate Ichimoku Cloud principles into algorithmic trading strategies by providing a structured and quantifiable method for assessing market conditions.
Would love to hear your feedback! 🚀 Let me know how this system works for you.
MEERU-72-FX-ALGO"Unlock Your Trading Potential with MEERU-72-FX-ALGO! 🚀💹
Are you ready to take your trading to the next level? Introducing *MEERU-72-FX-ALGO* — a powerful, automated trading algorithm designed for success. Whether you're a beginner or an experienced trader, MEERU-72-FX-ALGO is built to optimize your trades, increase accuracy, and maximize profits. Say goodbye to emotional trading and hello to consistent, data-driven results.
Get started today and let MEERU-72-FX-ALGO work for you! DM for more details or click the link below to join our exclusive community.
chat.whatsapp.com
#Trading #Forex #AlgorithmicTrading #MEERU72FXALGO #FinancialFreedom #Automation"
MEERU-72-FX-ALGO"Unlock Your Trading Potential with MEERU-72-FX-ALGO! 🚀💹
Are you ready to take your trading to the next level? Introducing *MEERU-72-FX-ALGO* — a powerful, automated trading algorithm designed for success. Whether you're a beginner or an experienced trader, MEERU-72-FX-ALGO is built to optimize your trades, increase accuracy, and maximize profits. Say goodbye to emotional trading and hello to consistent, data-driven results.
Get started today and let MEERU-72-FX-ALGO work for you! DM for more details or click the link below to join our exclusive community.
chat.whatsapp.com
#Trading #Forex #AlgorithmicTrading #MEERU72FXALGO #FinancialFreedom #Automation"
ICT Algorithmic Macro Tracker° (Open-Source) by toodegreesDescription:
The ICT Algorithmic Macro Tracker° Indicator is a powerful tool designed to enhance your trading experience by clearly and efficiently plotting the known ICT Macro Times on your chart.
Based on the teachings of the Inner Circle Trader , these Time windows correspond to periods when the Interbank Price Delivery Algorithm undergoes a series of checks ( Macros ) and is probable to move towards Liquidity.
The indicator allows traders to visualize and analyze these crucial moments in NY Time:
- 2:33-3:00
- 4:03-4:30
- 8:50-9:10
- 9:50-10:10
- 10:50-11:10
- 11:50-12:10
- 13:10-13:50
- 15:15-15:45
By providing a clean and clutter-free representation of ICT Macros, this indicator empowers traders to make more informed decisions, optimize and build their strategies based on Time.
Massive shoutout to @reastruth for his ICT Macros Indicator , and for allowing to create one of my own, go check him out!
Indicator Features:
– Track ongoing ICT Macros to aid your Live analysis.
- Gain valuable insights by hovering over the plotted ICT Macros to reveal tooltips with interval information.
– Plot the ICT Macros in one of two ways:
"On Chart": visualize ICT Macro timeframes directly on your chart, with automatic adjustments as Price moves.
Pro Tip: toggle Projections to see exactly where Macros begin and end without difficulty.
"New Pane": move the indicator two a New Pane to see both Live and Upcoming Macro events with ease in a dedicated section
Pro Tip: this section can be collapsed by double-clicking on the main chart, allowing for seamless trading preparation.
This indicator is available only on the TradingView platform.
⚠️ Open Source ⚠️
Coders and TV users are authorized to copy this code base, but a paid distribution is prohibited. A mention to the original author is expected, and appreciated.
⚠️ Terms and Conditions ⚠️
This financial tool is for educational purposes only and not financial advice. Users assume responsibility for decisions made based on the tool's information. Past performance doesn't guarantee future results. By using this tool, users agree to these terms.
MarkovAlgorithmLibrary "MarkovAlgorithm"
Markov algorithm is a string rewriting system that uses grammar-like rules to operate on strings of
symbols. Markov algorithms have been shown to be Turing-complete, which means that they are suitable as a
general model of computation and can represent any mathematical expression from its simple notation.
~ wikipedia
.
reference:
en.wikipedia.org
rosettacode.org
parse(rules, separator)
Parameters:
rules (string)
separator (string)
Returns: - `array _rules`: List of rules.
---
Usage:
- `parse("|0 -> 0||\n1 -> 0|\n0 -> ")`
apply(expression, rules)
Aplies rules to a expression.
Parameters:
expression (string) : `string`: Text expression to be formated by the rules.
rules (rule ) : `string`: Rules to apply to expression on a string format to be parsed.
Returns: - `string _result`: Formated expression.
---
Usage:
- `apply("101", parse("|0 -> 0||\n1 -> 0|\n0 -> "))`
apply(expression, rules)
Parameters:
expression (string)
rules (string)
Returns: - `string _result`: Formated expression.
---
Usage:
- `apply("101", parse("|0 -> 0||\n1 -> 0|\n0 -> "))`
rule
String pair that represents `pattern -> replace`, each rule may be ordinary or terminating.
Fields:
pattern (series string) : Pattern to replace.
replacement (series string) : Replacement patterns.
termination (series bool) : Termination rule.
Level 1 - Learn to code simply - PineScriptThe goal of this script is honestly to help everyone learn about trading with bots and algos.
At least, to get started.
Level 1:
10 lines of code.
learn to plot 2 moving averages on your chart.
learn to create a signal from a crossover.
learn the very basics of Pine Script algo.
RockIt Algo Profit Track X (Add-on to RockIT Algo)The RockIT Algo Profit / Loss Tracker is an add-on for the RockIT Algo Indicator. It provides the profit / loss realized for each buy or sell signal. This way you can visually view the performance and make profitable decisions.
The RockIT Algo Indicator is designed to generate buy (Long) / sell (Short) signals & is developed using statistical analysis & forecasting techniques. The algorithm takes into consideration different dynamic variables of short, medium and long term price actions and high probability patterns to project future direction. It is suited for all types of trading and can be used for any stocks, forex pairs and crypto.
Disclaimer
TheStreetATM is not registered as financial or investment advisors. You take the responsibility of making the final decision based on the tools, education and information we provide. Trading stocks can lead to very large losses, and we strongly recommend to consult any registered financial advisor before making any decision based on information provided by “RockIT” Algo®. Thank you. We strongly advice to paper trade before making real trading decisions.
RockIT Algo XThe RockIT Algo Indicator is designed to generate buy (Long) / sell (Short) signals & is developed using statistical analysis & forecasting techniques. The algorithm takes into consideration different dynamic variables of short, medium and long term price actions and high probability patterns to project future direction. It is suited for all types of trading and can be used for any stocks, forex pairs and crypto.
Disclaimer
TheStreetATM is not registered as financial or investment advisors. You take the responsibility of making the final decision based on the tools, education and information we provide. Trading stocks can lead to very large losses, and we strongly recommend to consult any registered financial advisor before making any decision based on information provided by “RockIT” Algo®. Thank you. We strongly advice to paper trade before making real trading decisions.
Trendorithm PrimeTrendorithm Prime is a toolkit made up of several different innovative indicators, designed by our team of developers. Get access now and create your own, unique trading strategies using our - all in one algorithm.
Our algorithm works in any market and focuses on finding the direction of the trends and remove noise from the price, for smooth understanding of the market.
Extra Confirmation
Using binomial distribution, the past values are processed to interpret the direction of trend.
After that, the signals are triggered based the volatility of the market,which is derived from the averages of candle size. All of these signals were optimised for each timeframe using timeframe multiplier.
Setting a lesser value on quotient adjusts the lookback length and volatility conditions, thus producing more number of signals that supports scalping trades. Higher the number in quotient, the frequency of trades reduce which helps the trader to hold trades for longer time.
Our Confirmation Signals helps to analyze the direction of trends for all markets and all timeframes, it boosts Trader’s confidence prior taking trades.
We made our Confirmation Signals flexible in order to suit any kind of trading style.
By adjusting the Quotient value in the settings, Traders can control the frequency of signals generated easily.
The Confirmation Signals includes a special type of signal called "Prime" which includes candle coloring to see the strength of the trend.
Our Candle-system is designed in 3 different colorings.
Green ( Bullish )
Red ( Bearish )
Purple (possible reversal or the possible formation of a new trend)
Trendo Cloud
The power of moving averages is always ultimate. This cloud made up of multiple moving averages acts as a dynamic support and resistance. The color and width of the cloud is used to find potential entry and exit points for trades.
Trend Catcher and Trend Chaser
The trend catcher is a trend-following indicator moves close to the price that aims to estimate the recent trend of price. It indicates green in uptrend and red in case of a downtrend.
The trend chaser is similar to the previous Trend Catcher, but it aims to chase long-term trends.
They are specially calculated from the highs and lows of price. Acts as a filter for confirmation signals and provides clarity for the direction of trend.
All of these functionalities tend to help users understand the market conditions as trending or ranging.
If you are using this script, you acknowledge that past performances are not indicative of future results and that there are a lot of factors required that go into being a profitable trader.
You can see the Author’s instructions below to get access to this prime indicator.
Pivot Reversal Strategy + alerts via TradingConnector to indicesSoftware part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector and instantly executed there. Alerts added in this script: 14 and 22.
How it works:
1. TradingView alert fires.
2. TradingConnector catches it and forwards to MetaTrader4/5 you got from your broker.
3. Trade gets executed inside MetaTrader within 1 second of fired alert.
When configuring alert, make sure to select "alert() function calls only" in CreateAlert popup. One alert per ticker is required.
Adding stop-loss, take-profit, trailing-stop, break-even or executing pending orders is also possible. These topics have been covered in other example posts.
This routing works for Forex, indices, stocks, crypto - anything your broker offers via their MetaTrader4 or 5.
Disclaimer: This concept is presented for educational purposes only. Profitable results of trading this strategy are not guaranteed even if the backtest suggests so. By no means this post can be considered a trading advice. You trade at your own risk.
If you are thinking to execute this particular strategy, make sure to find the instrument, settings and timeframe which you like most. You can do this by your own research only.
