Breakout Trend Follower V2This is a variation on my other Breakout Trend Follower script. In the other script, you can use a moving average to act as a filter for your trades (i.e. if the price is below the moving average, it won't go long). After making the tool that detects trends on higher timeframes, I wanted to see if that might be a better filter than a moving average.
So this script lets you look at higher time frame trends (i.e. are there higher highs and higher lows? If so, this is an uptrend). You only take trades when you are with the trend. You have the ability to select up to two trends to act as a filter. Each trend direction is shown on a table on the chart for easy reference. The current pivot highs and lows are plotted on the chart so you can see when you might be breaking both the current timeframe's trend and higher level trends.
What I found was that in general this does not perform as well as the other strategy, but it does seem to be a lot more picky with trades. Showing higher win rates and a better profit factor. It just takes a lot less trades and the net profit isn't as good.
Analisi trend
SILVER (XAGUSD) TRADING STRATEGY AND SIGNALSSILVER (XAGUSD) TRADING STRATEGY AND SIGNALS
This strategy is designed for Silver OANDA:XAGUSD traders and investors.
This strategy is trend following, taking into account the movement of major stock indices such as the Volatility Index.
This strategy also takes into account the direction of movement of the Gold asset,
in particular, the direction of movement of Gold and changes in the volatility of Gold, as well as the current price of Gold.
This, in combination with the main trading indicators (Moving Average, MACD, RSI),
strengthens our Silver Trading Strategy and increases its efficiency and the percentage of successful trades.
The Silver Trading Strategy is offered for use on the 1 Hour (H1) timeframe and is suitable for active traders with the Silver OANDA:XAGUSD asset.
The Silver Trading Strategy FOREXCOM:XAGUSD is suitable as a complement to your trading system and can help increase the efficiency of your Silver trading.
Bob Volman Price Action StrategyPrice action trading strategy combined with 21 period moving average.
Use the 21 period moving average and filter along with price action to identify the main trend then look for pullback signals that match the filter to enter.
The stops, entry points and trends are depicted on the chart.
Example using 100 contract size with crude oil, slippage is 3 and commission per order is 3$ with actual capital of 10000$, you can adjust other contract size for other pairs to consistent with reality.
Swing Points BreakoutsLong term strategy for managing a Crypto investment with Swing Trades of more than 1 day. The strategy buys with a
stop order at the Swing High price (green line) and sells with a stop order at the Swing Low price (red line).
The direction of the strategy can be adjusted in the Inputs panel.
BURST AlgorithmBURST is a trend catching system that uses a combination of time series data and current price to decide when to buy or sell. It colors bars green when it concludes that an uptrend is in effect and red on down trends. The bar coloring differs from the actual buy and sell signals the algorithm produces due to added features for optimization, however it can be used to aid manual trading. BURST was created to capture trend in digital assets and works best on the major coins, such as Bitcoin and Ethereum, on the 30min chart.
This is a long-only strategy.
Performance Summary is calculated using 80% of total equity, with fees and slippage accounted for.
If purchased, please do not use leverage. Past performance does not guarantee future results and high leverage can turn a profitable strategy into a losing one.
2nd Grade StrategyThis is a strategy to complement the 2GT indicator. It utilises the same rules as 2GT.
This is comprises of multiple popularly used indicators to help decide on whether to go long or short. This indicator will overlay the MA lines and background colours on your chart.
The heikin-ashi colour will be shown as the background colour. This will help you identify a trend more easily while using bars, candles, hollow candles, etc. When the background is green, it means that it is a green HA and vice versa.
The blue MA line is for showing the short-term trend. The red MA line is for showing the medium-term trend. You can select the moving average flavour of your choice in the settings.
The yellow MA line is the long-term trend that is mainly used as a filter to indicate bullish/bearish trend. The MA type for this filter can be different from the short/mid term MA.
This indicator will also show Stochastic crossovers (GC, DC, BC) on the chart. This will help to always keep your eye on the chart candles.
In the settings, you can also turn on/off bullish/bearish signals.
Rules for bullish signals on this indicator:-
1. MA: Blue > Red > Yellow (FastMA > SlowMA > FilterMA)
2. Stochastic: K > D and both are heading upwards
3. 2nd Green HA
When 2 out of the 3 rules are met, the candle background will be Aqua in colour. When all 3 rules are met, the candle background will be Green .
Rules for bearish signals on this indicator:-
1. MA: Yellow > Red > Blue (FilterMA > SlowMA > FastMA)
2. Stochastic: D > K and both are heading downwards
3. 2nd Red HA
When 2 out of the 3 rules are met, the candle background will be Orange in colour. When all 3 rules are met, the candle background will be Red .
Do note that you can hide any of these elements in via the settings.
If you find this useful, do smash the LIKE and FOLLOW button.
WSLM
Big Bar Strategy// This strategy detects and uses big bars to enter a position. When the Big Bar
// is bearish (red candle) the position will be long and viceversa
// for short positions. The stop loss (optional) is placed on the low of the
// candle used to trigger the position and user inputs allow you to modify the
// size of the SL. Take profit is placed on a reward ratio of 1. User can also modify
// the size of the bar body used to determine if we have a real Big Bar and
// filter out Doji bars. Big Bars are determined relative to the previous X period size,
// which can also be modified, as well as the required size of the Big Bar relative to this period average.
Combo Backtest 123 Reversal & SMI Ergodic Oscillator This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by
William Blau, except the SMI includes a signal line. The SMI uses double moving averages
of price minus previous price over 2 time frames. The signal line, which is an EMA of the
SMI, is plotted to help trigger trading signals. Adjustable guides are also given to fine
tune these signals. The user may change the input (close), method (EMA), period lengths
and guide values.
WARNING:
- For purpose educate only
- This script to change bars colors.
MY_VISIONThe MY_VISION strategy is designed to work with any tool (cryptocurrency, stocks, forex) on any TF.
The signal formation is based on the Donchan channel with the author's revision of the conditions for fixing the price above or below the trend line.
Setup is set up by adjusting the period and multiplier, which are standard for the Donetsk channel.
Also, the strategy has the ability to display additional signals that may occur in the area of the main signal (LONG/SHORT) after confirming the formed pivot (pivot point/rebound) and subject to the closing of the previous transaction.
You can choose several types of takes:
1. ATR-takes, which depend on the price volatility and the width of the Donetsk channel.
2. FIX-takes that you set manually in % of the price.
3. TRIGGER-takes that are formed according to the triggers found by the script on the chart. Triggers are certain price points that appear on the chart when testing the support or resistance level, in the future, the price in 90% of cases returns to these levels and breaks through them. The MY_VISION strategy finds these points on any TF, takes into account those already worked out/overlapped by the price and uses these values as takes.
You can use from 1 to 3 takes to choose from; the desired take is marked with a check mark in the settings.
You can also use several types of stop lines:
The ATR value of the stop line is formed on the basis of the volatility along the ATR line and has a tuning multiplier that allows you to bring the stop line closer or further away from the price.
1. FIX - a fixed value of the stop line as a % of the entry price of the position.
2. TREND - the value of the stop line is carried out along the base trend line of the Donetsk channel.
3. PIVOT - the value of the stop line is set at the nearest pivot (pivot/rebound point) and is shifted if a new one is formed.
You have the opportunity to activate the stop-line lift under the following conditions:
1. Lift at tp1 to breakeven.
2. Lift at tp2 to breakeven.
3. Lifting the stop line to the specified level in % of the entry point when the price reaches the specified profit. (This is especially convenient if you do not use fixed takings or they are of great importance).
Also, the strategy has the ability to display a table with a list of triggers (the price at which a breakout is expected) at the top and bottom of the current price up to 10 pcs. on each side.
It is possible to display the trend line, the current state of the strategy (position, take values, stop line value), the background illumination of the trading zone (LONG/SHORT). As well as displaying a compact display in the indicator settings table, for the convenience of saving your settings using the PrintScreen function.
You can sign the strategy in the Notes field - this is convenient if you place several versions of the MY_VISION strategy on the chart with different settings (for different pairs or for different TF).
>> In the strategy settings, each field has hints, to do this, hover the cursor over the sign ⓘ
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The MY_VISION strategy is closed! You can get test access to it for 48 hours.
In order to get access or ask questions, write to me in private messages or by the contacts specified in my signature.
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Стратегия MY_VISION предназначена для работы с любым инструментом (криптовалюта, акции, форекс) на любом ТФ.
В основе формирования сигналов лежит канал Дончана с авторской доработкой условий закрепления цены выше или ниже трендовой линии.
Настройка сетапа производится с помощью регулировки периода и множителя, стандартных для канала Дончан.
Также в стратегии есть возможность отображения дополнительных сигналов, которые могут возникать в зоне действия основного сигнала (LONG/SHORT) после подтверждения сформировавшегося пивота (точки разворота/отскока) и при условии закрытия предыдущей сделки.
Вы можете выбрать несколько типов тейков:
1. ATR - тейки, которые зависят от волатильности цены и ширины канала Дончан.
2. FIX - тейки, которые Вы задаёте вручную в % от цены.
3. TRIGGER - тейки, которые формируются по найденным скриптом триггерам на графике. Триггеры - это определенные ценовые точки, которые появляются на графике при тестировании уровня поддержки или сопротивления, в дальнейшем цена в 90% случаев возвращается к этим уровням и пробивает их. Стратегия MY_VISION находит эти точки на любом ТФ, учитывает уже отработанные/перекрытые ценой и использует эти значения в качестве тейков.
Вы можете использовать от 1 до 3 тейков на выбор; нужный тейк отмечается в настройках галочкой.
Также Вы можете использовать несколько видов стоп-линий:
1. ATR - значение стоп-линии формируется на базе волатильности по линии ATR и имеет подстроечный множитель, который позволяет приблизить или отдалить стоп-линию от цены.
2. FIX - фиксированное значение стоп-линии в % от цены входа в позицию.
3. TREND - значение стоп-линии ведётся по базовой трендовой линии канала Дончан.
4. PIVOT - значение стоп-линии выставляется по ближайшему пивоту (точке разворота/отскока) и смещается, если формируется новый.
У Вас есть возможность активировать подтяжку стоп-линии при следующих условиях:
1. Подтяжка при tp1 в безубыток.
2. Подтяжка при tp2 в безубыток.
3. Подтяжка стоп-линии на заданный уровень в % от точки входа при достижении ценой заданного профита. (Это особенно удобно, если Вы не используете фиксированные тейки или они имеют большое значение).
Также в стратегии есть возможность отобразить таблицу со списком триггеров (цена, по которой ожидается пробитие) сверху и снизу от текущей цены до 10 шт. с каждой стороны.
Есть возможность отображать трендовую линию, текущее состояние стратегии (позиция, значения тейков, значение стоп-линии), фоновая подсветка торговой зоны (LONG/SHORT). А также отображение компактное отображение в таблице настроек индикатора, для удобства сохранения своих настроек с помощью функции PrintScreen.
Вы можете подписать стратегию в поле Notes - это удобно, если Вы размещаете на графике несколько версий стратегии MY_VISION с разными настройками (для разных пар или для разных ТФ).
>> В настройках стратегии у каждого поля есть подсказки, для этого наведите курсор на знак ⓘ
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Стратегия MY_VISION является закрытой! Вы можете получить к ней тестовый доступ на 48 часов.
Для того, чтобы получить доступ или задать вопросы пишите мне в личные сообщения или по контактам, указанным в моей подписи.
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Momentum Trading By Mahfuz AzimA following indicator is Momentum Trading that uses fast QQE crosses with Moving Averages
Use for trend direction filtering. QQE or Qualitative Quantitative Estimation is based
Relative strength index (RSI), but uses a smoothing technique as an additional transformation. Three crosses can be selected (all selected by default)
Buy From All Time HighThis strategy buys at a set percentage below the all time high and sells at the previous all time high.
polynomic_stopA strategy with a trailing stop in the form of a polynomial function. The entry is made at the intersection of a simple sliding closing candle. At the moment of entering the position, it is fixed by the value of the Minimum for the period. After entering the position, a trailing stop of the form is activated: Min + D * N^a, where Min is the minimum for the period fixed at the time of entering the position, D is the decrement, N is the number of bars in the position and a is the degree of the polynomial. At the moment when the trailing stop crosses the candle closing from the bottom up , the transaction is closed. The degree of a polynomial can be taken as integers and fractional numbers
Auto Harmonic Patterns - Long only StrategyThis is long only strategy where entry and exits are generated based on Harmonic Patterns.
Logic used for generation of harmonic patterns is same as the below script (Double top and bottom are removed in this script):
Now to generate entry and exit signals, following rules are used:
If there is bullish pattern:
Entry : If X is between Point B and D, then use X as entry point. Else use B as entry point. Entries are managed via stop limit orders.
StopLoss : D - ( atrMult times atr)
If there is bearish pattern and useReverseTradeOnBearishPattern is selected:
Entry : D + ( atrMult times atr)
StopLoss : If X is between Point B and D, then use X as stoploss. Else use B as stoploss
If there is any existing trade while new patterns are formed, then existing stoploss and target levels are updated accordingly instead of placing new order.
Optional Profit Targets : When takeInitialProfitOnTargets is selected, minimal profit (20% of open positions) is taken based on harmonic pattern profit targets. These targets are set only based on bullish pattern recognition
First Target : Lower of A and C
Second Target : Higher of A and C
Third Target: 1.618 times AD
Example of XABCD points are shown in below picture:
Other logic involved:
Apart from stoploss generated by patterns, there is also trailing stoploss which is simply based on trailingStopAtrMult times ATR
Stoplosses, entry points and target levels are updated only if new stoploss generated either by ATR or by harmonic patterns are higher than present stoploss. If not, previous stoplosses are used.
Happy trading. Let me know your views.
DyorTool PremiumWhat is the DyorTool Suite?
It is a toolkit that helps the trader to trade the market emotionless, under any condition.
This package is made of 3 scripts :
DyorTool Premium
DyorTool Oscillator
DyorTool Dashboard
What indicators are in these scripts?
DyorTool Premium
DyorTool Algo which gives buy and sell signals : 4 setups. The stats shown in the picture is set with a leverage of 0.4 on each trade with the commission of Binance ( without reduction ).
Range : 4 setups
Ribbon : 4 setups
Aggressiv Scalping : Trend Following - low UT : 2 setups
EVWMA : 4 setups
Ping Pong scalping : 4 setups
Support Line : 4 setups
DyorTool Oscillator
DyorTool RSI : 8 setups
DyorTool Oscillator : 8 setups
Smart candle color : Filter noise of the market
DyorTool Dashboard
Allows the user to feel the market sentiment with a custom candle
Measure the volatility of the market
Show DyorTool Algo trend
Show the momentum trend and measure his evolution.
Smart Stop Loss and Leverage calculation in order to not get in a trade if you are late, or to protect your capital.
All these indicators allow users to :
Trade the market easier, within a clearly defined framework - range.
Detect macro trend and the nearby momentum
Get early in a trade by entering in a trade with one of the 42 setups explained.
Have realistic target profit
Protect your capital with a smart stop loss and calculate the leverage for a defined stop loss
Detect if the market is with or against you so you are not holding more than you should.
This package is unique in its kind and it is complete. You can either do scalping or day-trading with it.
There are many different indicators in it. And a formation is given to explain in detail each indicator. This formation is easy to understand.
As you saw, each indicator has its own setups. These setups are explained one by one, under what condition you can enter in a trade, how to do it, where to exit, what to understand about the market next.
There is no interpretation possible. You are either in a setup or in a waiting zone.
These indicators are self-sufficient. You don't have to use all of them, and not at the same time. You use the ones which fit you better.
Combo Backtest 123 Reversal & Smart Money Index (SMI) This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Smart money index (SMI) or smart money flow index is a technical analysis indicator demonstrating investors sentiment.
The index was invented and popularized by money manager Don Hays. The indicator is based on intra-day price patterns.
The main idea is that the majority of traders (emotional, news-driven) overreact at the beginning of the trading day
because of the overnight news and economic data. There is also a lot of buying on market orders and short covering at the opening.
Smart, experienced investors start trading closer to the end of the day having the opportunity to evaluate market performance.
Therefore, the basic strategy is to bet against the morning price trend and bet with the evening price trend. The SMI may be calculated
for many markets and market indices (S&P 500, DJIA, etc.)
The SMI sends no clear signal whether the market is bullish or bearish. There are also no fixed absolute or relative readings signaling
about the trend. Traders need to look at the SMI dynamics relative to that of the market. If, for example, SMI rises sharply when the
market falls, this fact would mean that smart money is buying, and the market is to revert to an uptrend soon. The opposite situation
is also true. A rapidly falling SMI during a bullish market means that smart money is selling and that market is to revert to a downtrend
soon. The SMI is, therefore, a trend-based indicator.
Some analysts use the smart money index to claim that precious metals such as gold will continually maintain value in the future.
WARNING:
- For purpose educate only
- This script to change bars colors.
hammerCandle & starCandleIn this scrip we have combine Pinbar Candlesticks calculated using Fibonacci, the bullish hammer candlestick and bearish star candlestick with EMAs and ATR.
I have used 12 Hour time frame which works well EUR/USD, this script works well on higher time frames such as Daily, 12 hours etc.
I have used 1.5 times the ATR as the stop loss and 1 times the ATR as the take profit as these risk to reward ratio gives us the best results for the 12 hour time frame for EUR/USD. Past result are not a prove of performance of the future.
I have added 1 for slippage and 1 for commission.
This script contains AutoView syntax and is fully automated if you connect TradingView to AutoView and a broker, prefebly Oanda.
This script uses two exponential moving averages for trend detection and Average True Range , ATR for stop loss and take profit targets. All of these setting are adjustable.
We only trade with the trend if the 50 period exponential moving averages is above the 200 period exponential moving averages, if a hammer candle is formed for entry.
Likewise with sell trade if a star candle is formed for entry and if the 50 period exponential moving averages is below the 200 period exponential moving averages.
This script does not trail your stop loss as I have noticed it does not give me good results. Stop loss is a fix stop loss based on Average True Range and so is the profit target.
This script has risk management, it risk a certain percent of the inputted capital amount in the setting. See settings for more details.
Note: Due to auto risk management this script only works on Forex.
Green line is 50 period exponential moving averages and red line is the the 200 period exponential moving average . Blue line is stop loss for long trade and black line stop loss for short trade.
Please trade at your own risk, all the setting in the script are adjustable for you to test before trading.
Many Thanks,
Honet Trader
