TTP Risk Savage

2022年11月10日

Risk savage is a strategy in Pine Script with one intention help you manage the risk when using any indicator.

By managing the risk I mean deciding where to place SL and TP. Risk reward ratio. Use of swing low and swing highs or ATR levels.

Features:
- Long/shorts or both
- Use ATR or swing to position SL
- 3 Trend filters: ichimoku cloud, supertrend or EMA
- Filter positions where the SL is too close to the entry price using the Min SL % parameter.
- Leverage: this parameter helps calculating profits based on amount of leverage. It affects the values in the chart table: profits, profit %, daily profit and max drawdown. It's important than the max drawdown never hits the initial capital or equity to prevent liquidation
- Selection of strategies. More to come. HT, MFI divergences, all at once
- Support for external buy and sell signal
- Volume filter. How much do you want the volume to be above the MA of the volume. This helps prevent fake out entries from poor volume.
- Date range filter
- Stop loss parameters. How many candles back you want to look up for swing low/high prices to place the SL?
- ATR paramters
- Risk reward ratio. Once SL is placed, where do you want to place the TP. The higher this number the more risky is the strategy.
- Individual parameters for each Trend filter: EAM, Ichimoku cloud and ST.
- 3C alerts. Just place your bot id, email token and QUOTE_BASE pattern. Notice that if you need to send alerts to BTCPERP_USDT, you can simply set the pattern to QUOTEPERP_BASE
- Json alerts. Send alerts to any bot platform that uses webhooks.
- Debug mode. Show the alert message before sending it to confirm it's properly formed and save time and issues.

2022年11月14日

リリースノート

- Added new Coral strategy
- Added option to disable trend filter

2022年11月16日

リリースノート

This new version of risk savage is packed with new features:
- Trailing take profit with 3 targets for activation: 100%, 60% and 30%
- Take profit conditions: MFI and RSI
- Exit on divergence
- Option to disable trend following entries
- Reorganised all settings panel to make it easier to follow a sequence of settings that makes sense and makes it easier to adjust
- Added Coral strategy
- Option to "cherry pick" deal start combinations
- Option to disable all TP targets to allow take profit conditions to take control of when to exit

This is another step towards not just the best deal start conditions I like but also all the risk management tools that can make even a TERRIBLE deal start condition with low winrate still a decent overall strategy.
With this changes trading BTC perp long+short can easily achieve over 10% a day in backtests.

2022年11月17日

リリースノート

Fixed data range period bug

2022年11月18日

リリースノート

Added option to stack multiple trend indicators together for extra confirmation.
Select any combination of trend indicators or none to disable trend following.
Fixed: IchiC plot wasn't showing.

2022年11月23日

リリースノート

- NEW: Avoid tight or big SL sizes. IS the sing high or low too far from the entry price? solved: max SL %
- Two new powerful trend indicators added: SSL and STC. These two new trend indicators join our collection. Try SSL combined with STC. It's really good in 15min tf.
- New DSC added: UT. Try it in combination with SSL+STC trend 🚀
- Added disclaimer for TradingView issues to trailing tooltip
- Simplified settings layout

Enjoy 🦜

(Hint: I'm not using trailing, I might consider adding my own implementation of TTP since trading view is not working reliably. TTPTSL indicator already has our own implementation, I'lll replace TV one with mine asap)

2022年12月21日

リリースノート

Fix for "Activation %" field not showing any option.
TV seems to have broken inputs with options of float numbers.
This version should workaround that problem while TV resolves it.

2023年1月27日

リリースノート

Now you can stack any of the available trend indicators to trade with the trend.
For example if you enable EMA and SuperTrend at the same time, it will enter long only when at the same time the price is above EMA and the SuperTrend is green.
Same applies for shorts 🦜🚀

2023年2月24日

リリースノート

Normally people set their stop losses using swing low or high a few candles away.

Some people don't consider the high/low price: instead they look up for the swing close price. It's a bit more aggressive but depending on the trend it can boost your results in many scenarios.

Check out this article for an example with ETHUSDT spot with 100% profits using 15min TF in only 70% days:
thetradingparrot.com/archives/9418

2023年3月8日

リリースノート

3 new deal start conditions:
- Teddy
- Teddy 2
- PSAR

3 top volume indicators integrated to filter out bad deals:
- Volume Heatmap
- Volume Fight
- VFA
Confluence parameter and toggles to decide which ones and how many you want to be in the green to allow deals to open.

Risk Savage LO version should follow up with these additions soon.

Some notes on the new DSC:
1) PSAR fires very often it comes with loads of false positives so focus on trend and volume confirmation.
2) Teddy is designed to catch tops and bottoms. You will notice that if you use trend filters you will end up filtering out all its signals. This because it will only fire buys in a heavy downtrend and sell signals in a heavy pump.
3) Teddy 2 uses the original but waits for a bearish divergence confirmation. In some cases it will catch a better entry in some cases it won't fire when Teddy triggers at the actual top/bottom.

2023年8月24日

リリースノート

SuperTrend factor now allows float numbers

2024年2月17日

リリースノート

Risk Savage v0.4 brings allows users to combine all risk management techniques in a single strategy

- Risk per trade % - if the SL is hit you always lose this fixed percentage of your total account equity.
- Risk reward ratio - control the ratio between how much you win and lose per trade
- Stop loss placement options - ATR, swing high/low/close, Swing+ ATR and external
- Stop loss % limits: control max and min % values for stop losses and skip signals outside the accepted range.

External exit and entry signals. Separated inputs for longs and shorts.

Fully compatible with WickHunter alerts including entry defined TP/SL and dynamic exits.

Use alerts placeholders to build the payload and debug mode to confirm the payload is correct.

This version of WickHunter ONLY works using fixed risk which means that all sizes are based on percentages not in contracts.

Lighter and fast backtesting! we removed all the built-in indicators for trend, entry/exit signals and volume filters since all these can now be entered as separated source inputs keeping the strategy script always the fastest to execute.

This version hasn't gone through any real-money testing. I strongly encourage users to test with small amounts.

2024年2月19日

リリースノート

- Improved stats table layout
- Fixed: it was ignoring the selected date limits
- External and internal stop loss is shown in the chart

2024年2月19日

リリースノート

- Added separated risk per trade per side
- Added separated RR per side

2024年3月21日

リリースノート

Fixes an issue affecting real time stop loss alerts not triggering the correct payload.

You must upgrade to 0.4.3 your charts and all alerts using older versions to fix this issue.

Test with small amounts and use debug mode.