OPEN-SOURCE SCRIPT
Elevated Leverage index System - ELiS

ELEVATED LEVERAGE index SYSTEM (ELiS) tries to solve the problem of adjusting meaningful leverage in futures and margin trading.
The biggest problem for traders is adjusting the leverage level manually.
Concerning about the volatilities it's very hard to set a meaningful leverage level.
ELiS includes 4 different volatility component which are:
1- nATR: Normalized Average True Range which is actually ATR/price to stabilize ATR's value differences when price changes are high on long term periods.
2- Standard Deviation
3- Kairi based nATR
4- Bollinger %B
which are scaled from 0 to 100 and takes different averages with different combinations & ratios and combines them as an index.
This index calculates an average volatility to set the true leverage level when trading futures especially in Crypto and FX markets.
There are 5 risk levels of "GEARS" like on automobiles to set the max leverage for risk management.
Gear 1 - CONSERVATIVE: max leverage level can be 20 for swing traders and beginners
Gear 2 - STANDARD: max leverage level can be 25 (default) for day traders
Gear 3 - AVERAGE: max leverage level can be 33 for day traders
Gear 4 - RISKY: max leverage level can be 50 for scalpers
Gear 5 - AGRESSIVE: max leverage level can be 100 for advanced scalpers
default length for ATR, Standard Deviation and %B are all 50
Simply:
When markets aren't volatile: ELiS indicateshigher leverage values to maximize profits.
When markets are volatile enough: ELiS indicates lower values to reduce risk level.
hope you all enjoy ELiS on profitable trades.
The biggest problem for traders is adjusting the leverage level manually.
Concerning about the volatilities it's very hard to set a meaningful leverage level.
ELiS includes 4 different volatility component which are:
1- nATR: Normalized Average True Range which is actually ATR/price to stabilize ATR's value differences when price changes are high on long term periods.
2- Standard Deviation
3- Kairi based nATR
4- Bollinger %B
which are scaled from 0 to 100 and takes different averages with different combinations & ratios and combines them as an index.
This index calculates an average volatility to set the true leverage level when trading futures especially in Crypto and FX markets.
There are 5 risk levels of "GEARS" like on automobiles to set the max leverage for risk management.
Gear 1 - CONSERVATIVE: max leverage level can be 20 for swing traders and beginners
Gear 2 - STANDARD: max leverage level can be 25 (default) for day traders
Gear 3 - AVERAGE: max leverage level can be 33 for day traders
Gear 4 - RISKY: max leverage level can be 50 for scalpers
Gear 5 - AGRESSIVE: max leverage level can be 100 for advanced scalpers
default length for ATR, Standard Deviation and %B are all 50
Simply:
When markets aren't volatile: ELiS indicateshigher leverage values to maximize profits.
When markets are volatile enough: ELiS indicates lower values to reduce risk level.
hope you all enjoy ELiS on profitable trades.
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう!無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
Telegram t.me/AlgoRhytm
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう!無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
Telegram t.me/AlgoRhytm
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
YouTube (Turkish): youtube.com/c/kivancozbilgic
YouTube (English): youtube.com/c/AlgoWorld
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。