BT-Bollinger Bands - Trend FollowingEsse script foi criado para estudo de Backtest.
O script usa as Bandas de Bollinger para indicar o início de uma tendência, a entrada é configurada quando o preço abre abaixo e fecha acima da banda superior ou para venda quando o preço abre acima e fecha abaixo da banda inferior.
Não há um stop fixo e nem alvo fixo a saída se dá quando o preço toca a média da banda.
Você pode usar uma média móvel como filtro combinado com a estratégia.
O Script também pode ser usado com algum serviço de bot como 3commas.io , basta colocar as mensagens de entrada e saída para o bot.
Autor : Credsonb - Nick: M4TR1X_BR
Neste gráfico estou usando as seguintes configurações:
Bandas Bollinger: 7
Desvio Padrão: 1.5
Time Frame: 12hs
Ticker: ETH
This script was created for Backtest study.
script uses Bollinger Bands to indicate the start of a trend, entry is set when price opens below and closes above the upper band or for short when price opens above and closes below the lower band.
There is no fixed stop and no fixed target, the exit occurs when the price touches the average of the band.
You can use a moving average as a filter combined with the strategy.
The Script can also be used with some bot service like 3commas. io , just put the input and output messages to the bot.
Author : Credsonb - Nick: M4TR1X_BR
バンドとチャネル
supertrend advanceHELLO FRIENDS ...............THIS IS SUPERTREND ADVANCE WITH HENKIASHI CANDLE ...I got so many request on supertrend with henkiashi. This is for all of them ..I am making it open for all so you can change its coding according to your need
SOME IMPONTENT UPDATE IN THIS SUPERTRNED
1) You Can Use It for option trading ...you can do algo option trading using this strategy
2) YOU CAN USE CUSTOME SYNTAX TO ALGO TRADE IN STOCK,FOREX,COMMODITY AND CRYPTO
3) YO CAN USE IT IN INTRADAY TIME PERIOD ALSO U CAN SET ITS ENTRY AND EXIT TIME
4) YOU CAN USE HENKIASHI SUPERTREND ON NORMAL CANDLE STICK CHART
5) YOU CAN USE ITS QUNTITY FEATURE .BY THIS WAY U CAN DOUBLE YOUR QUNTITY SIZE ON LOSSING TRADE AND WHEN PROIFT TRADE OCCUR ITS QUNTITY AGAIN AUTOMATICALLY SHIFTED TO NORMAL QUNTITY ....THIS FEATURE ONLY HELP TRADER WITH MORE MARGIN....USE THIS FEATURE PROPERLY.THIS FEATURE BEST WORK ON ONE SIDE MEANS ONLY BUY SIDE TRADE OR SELL SIDE TRADE
6)YOU CAN SET YOUR TARGET AND STOPLOSS IN POINTS AND IN PERCENTAGE
7) YOU CAN CHOSE ONE SIDE TO TRADE ONLY BUY SIDE OR SELL SIDE
HOPE THIS FEARTURES HELPS EVERY ONE
ALL THE BEST FOR SUCESSFULL TRADING
Bollinger Pair TradeNYSE:MA-1.6*NYSE:V
Revision: 1
Author: @ozdemirtrading
Revision 2 Considerations :
- Simplify and clean up plotting
Disclaimer: This strategy is currently working on the 5M chart. Change the length input to accommodate your needs.
For the backtesting of more than 3 months, you may need to upgrade your membership.
Description:
The general idea of the strategy is very straightforward: it takes positions according to the lower and upper Bollinger bands.
But I am mainly using this strategy for pair trading stocks. Do not forget that you will get better results if you trade with cointegrated pairs.
Bollinger band: Moving average & standard deviation are calculated based on 20 bars on the 1H chart (approx 240 bars on a 5m chart). X-day moving averages (20 days as default) are also used in the background in some of the exit strategy choices.
You can define position entry levels as the multipliers of standard deviation (for exp: mult2 as 2 * standard deviation).
There are 4 choices for the exit strategy:
SMA: Exit when touches simple moving average (SMA)
SKP: Skip SMA and do not stop if moving towards 20D SMA, and exit if it touches the other side of the band
SKPXDSMA: Skip SMA if moving towards 20D SMA, and exit if it touches 20D SMA
NoExit: Exit if it touches the upper & lower band only.
Options:
- Strategy hard stop: if trade loss reaches a point defined as a percent of the initial capital. Stop taking new positions. (not recommended for pair trade)
- Loss per trade: close position if the loss is at a defined level but keeps watching for new positions.
- Enable expected profit for trade (expected profit is calculated as the distance to SMA) (recommended for pair trade)
- Enable VIX threshold for the following options: (recommended for volatile periods)
- Stop trading if VIX for the previous day closes above the threshold
- Reverse active trade direction if VIX for the previous day is above the threshold
- Take reverse positions (assuming the Bollinger band is going to expand) for all trades
Backtesting:
Close positions after a defined interval: mark this if you want the close the final trade for backtesting purposes. Unmark it to get live signals.
Use custom interval: Backtest specific time periods.
Other Options:
- Use EMA: use an exponential moving average for the calculations instead of simple moving average
- Not against XDSMA: do not take a position against 20D SMA (if X is selected as 20) (recommended for pairs with a clear trend)
- Not in XDSMA 1 DEV: do not take a position in 20D SMA 1*standart deviation band (recommended if you need to decrease # of trades and increase profit for trade)
- Not in XDSMA 2 DEV: do not take a position in 20D SMA 2*standart deviation band
Session management:
- Not in session: Session start and end times can be defined here. If you do not want to trade in certain time intervals, mark that session.(helps to reduce slippage and get more realistic backtest results)
HHLL Strategy This is simple Highest high and Lowest low strategy.
Buy when break HH+offset
Sell when break LL+offset
Offset = (HH-LL)/2
wAvE-Catcher v20 qqeqwAvE-Catcher v20 qqe wAvE-Catcher v20 qqewAvE-Catcher v20 qqewAvE-Catcher v20 qqewAvE-Catcher v20 qqewAvE-Catcher v20 qqewAvE-Catcher v20 qqewAvE-Catcher v20 qqe
CCI+Hammer_5 mini am using a Hammer + CCI trading Strategy, which can determine the Long and Short postion
Price change scalping short and long strategyPrice change scalping Short and Long strategy uses a rate of change momentum oscillator to calculate the percent change in price between a period of time. Rate of change calculation takes the current price and compares it to a price of "n" periods while the period of time can be defined by a user. The calculated rate of change value is then compared to the upper threshold and the lower threshold values to determine if a position should be opened. If the threshold is crossed and filtering conditions are met a strategy position will be triggered. Entry, take profit, and stop loss prices are calculated and displayed on the chart as well as positions directions. Once the entry price is crossed, a long or short position is created and once the take profit price is crossed, the stop loss price will begin to trail behind the price action using the close of the previous bar. Once the trailing stop price is crossed, the position is closed. If the entry price is not crossed and the price action crosses the stop level, the trade setup is cancelled. The strategy is enhanced by DCA algorithm which allows to average entry price with safety orders. The script also allows to use Martingale coefficient to increase averaging power
Advantages of this script:
Strategy has high net profit of 293% at backtests
Backtests show high accuracy around 71%
High frequency and low duration of trades
Can be used with short-term timeframes ranging from 5 to 60 minutes
Strategy is sustainable to market slumps due to DCA implementation
Can be used for short and long positions (can be adjusted to long only, short only or both)
Can be applied to any market and quote currency
Easy to configure user interface settings
Built in detailed statistic menu
How to use?
1. Apply the strategy to a trading pair your are interested in using 5 to 60 minutes timeframe chart
2. Configure the strategy: change layer values, order size multiple and take profit/stop loss values according to current market cycle stage
3. Set up a TradingView alert to trigger when strategy conditions are met
4. Strategy will send alerts when to enter and when to exit positions which can be applied to your portfolio using external trading platforms
5. Update settings once market conditions are changed using backtests on a monthly period
Ichimoku Cloud and Bollinger Bands (by Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
The Bollinger Bands are among the most famous and widely used indicators. A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average ( SMA ) of a security's price, but which can be adjusted to user preferences. They can suggest when an asset is oversold or overbought in the short term, thus providing the best time for buying and selling it.
This strategy combines the Ichimoku Cloud with Bollinger Bands to better enter trades.
Long orders are placed when these basic signals are triggered.
Long Position:
Tenkan-Sen is above the Kijun-Sen
Chikou-Span is above the close of 26 bars ago
Close is above the Kumo Cloud
The closing price is greater than the upper standard deviation of the Bollinger Bands
Short Position:
Tenkan-Sen is below the Kijun-Sen
Chikou-Span is below the close of 26 bars ago
Close is below the Kumo Cloud
The upper standard deviation of the Bollinger Band is greater than the closing price
The script is backtested from 1 January 2022 and provides good returns.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
This script also works well on BTC 30m/1h, ETH 2h, MATIC 2h/30m, AVAX 1h/2h, SOL 45m timeframes
BB Strategy toobabollinger bands strategy with added upper basis and lower line on the chart.
when we use BB strategy in trading view unfortunately the upper, lower and basis line did not display.
so we solve the problem with just a little script codes and bring back the lines to the chart
Consolidation Breakout [Indian Market Timing]OK let's get started ,
A Day Trading (Intraday) Consolidation Breakout Indication Strategy that explains time condition for Indian Markets .
The commission is also included in the strategy .
The basic idea is ,
1) Price crosses above upper band , indicated by a color change (green) is the Long condition .
2) Price crosses below lower band , indicated by a color change (red) is the Short condition .
3) ATR is used for trailing after entry
// ═══════════════════════════════//
// ————————> TIME CONDITION <————————— //
// ═══════════════════════════════//
The Indian Markets open at 9:15am and closes at 3:30pm.
The time_condition specifies the time at which Entries should happen .
"Close All" function closes all the trades at 2:57pm.
All open trades get closed at 2:57pm , because some brokers dont allow you to place fresh intraday orders after 3pm.
NSE:NIFTY1!
// ═══════════════════════════════════════════════ //
// ————————> BACKTEST RESULTS ( 114 CLOSED TRADES )<————————— //
// ═══════════════════════════════════════════════ //
LENGTH , MULT (factor) and ATR can be changed for better backtest results.
The strategy applied to NIFTY (3 min Time-Frame and contract size 5) gives us 60% profitability , as shown below
It was tested for a period a 8 months with a Profit Factor of 2.2 , avg Trade of 6000Rs profit and Sharpe Ratio : 0.67
The graph has a Linear Curve with consistent profits.
NSE:NIFTY1!
Save it favorites.
Apply it to your charts Now !!
Thank me later ;)
Double Bollinger-Bands w/ Alerts for BacktestingFor Mr. Nick and anyone else who stumbles across this.
QG-Trend Pullback StrategyI wanted to test the pullback strategy shown by TradePro and 5 minute scalping channels on the YT.
So here it is, worked on USDCHF pair best and not so much on other forex pairs on 15 min or 5 min charts as shown in strategy.
Entry rules for Long:
Price above EMA200 or G channel as trend filter
Donchian trend ribbon in retracement or red in color
Wavetrend cross below a threshold level below zeroline.
Opposite rules for Shorts.
The SL and TP based on the ATR multiplier and a TP as RR ratio to SL.
Attaching the equity curve on USDCHF 15 min chart where it worked best.
Oscillating SSL Channel Strategy - 3m & 5m Time FramesThis script is pretty self-explanatory. I will suggest trying some different exits to get that win rate above 20% (I'd start with Take Profit and Stop Loss percentages).
Enjoy!
Mou Value AreasUse in CORRELATION with KEY AREAS - its only CONFIRMATION tool
May ONLY BUY when its GREEN and ONLY SELL when RED
Helps prevent buying the top and selling the bottom.
Good for showing pullbacks during strong trends.
MCL-YG Pair Trading StrategyThis strategy uses Bollinger Band breakouts to detect buy and sell signals on a correlated pair of assets.
3C Reversal Filter v1In essence, this strategy is a heavily smoothed range filter.
This strategy includes a backtester and ability to connect it with your 3 commas bot(See adviced settings below)
The calculation steps below gives an example on how signals are made:
1. Calculating the price movement using ATR, % change, standard deviation etc..
2. Obtaining the smoothed price using SMA.
3. Obtaining the absolute value of the bar-to-bar change.
4. Applying EMA, twice, to the values in step 3.
5. Obtaining the slow trailing line by multiplying the result of step 4 by 1.618.
Think of it as a heavily smoothed price range
If the 1.618 value looks familiar, that’s because it’s used in Fibonacci sequences. You can of course experiment with other values. I’ve seen good results with both 2.618 and 4.236
What does the strategy do?
1. Determine Trend Detection
2. Detect Short-Term Momentum
3commas settings:
-For now you can only use simple bots.
-Create LONG and SHORT bots for the coins you like to trade and set up alerts(You can send long and short signal from the same alert)
-Set TP to 50% the strategy will handle buys and exits based on your inputs.
-Set safety orders to 0. I might add DCA to the strategy if testing proves that to be a good solution.
-When you have made the bots input the bot ID and token adress in the settings of the strategy.
-When creating the alert use this webhook :https://3commas.io/trade_signal/trading_view
-In the message field you use {{strategy.order.alert_message}} as the placeholder.
Rob Booker - ADX Breakout updated to pinescript V5Rob Booker - ADX Breakout. The strategy remains unchanged but the code has been updated to pinescript V5. This enables compatibility with all new Tradingview features. Additonally, indicators have been made more easily visible, default cash settings as well as input descriptions have been added.
Rob Booker - ADX Breakout: (Directly taken from the official Tradingview V1 version of the script)
Definition
Rob Booker’s Average Directional Index (ADX) Breakout is a trend strength indicator that affirms the belief that trading in the direction of a trend and continuing to follow its pull is more profitable for traders, while simultaneously reducing risk.
History
ADX was traditionally used and developed to determine a price’s trend strength. It is commonly known as a tool from the arsenal of Rob Booker, experienced entrepreneur and currency trader.
Calculations
Calculations for the ADX Breakout indicator are based on a moving average of price range expansion over a specific period of time. By default, the setting rests at 14 bars, this however is not mandatory, as other periods are routinely used for analysis as well.
Takeaways
The ADX line is used to measure and determine the strength of a trend, and so the direction of this line and its interpretation are crucial in a trader’s analysis. As the ADX line rises, a trend increases in strength and price moves in the trend’s direction. Similarly, if the ADX line is falling, a trend decreases in strength and price then enters a period of consolidation, or retracement.
Traditionally, the ADX is plotted on the chart as a single line that consists of values that range from 0-100. The line is non-directional, meaning that it always measures trend strength regardless of the position of a price’s trend (up or down). Essentially, ADX quantifies trend strength by presenting in both uptrends and downtrends of the line.
What to look for
The values associated with the ADX line help traders determine the most profitable trades and where risk lies in the current trend. It is important to know how to quantify trend strength and distinguish between the varying values in order to understand the differences in trending vs. non-trending conditions. Let’s take a look at ADX values and what they mean for trend strength.
ADX Value:
0-25: Signifies an absent of weak trend
25-50: Signifies a strong trend
50-75: Signifies a very strong trend
75-100: Signifies an extremely strong trend
To delve into this a bit further, let’s assess the meaning of ADX if it is valued below 25. If the ADX line remains below 25 for more than 30 or so bars, price then enters range conditions, making price patterns more distinguishable and visible to traders. Price will move up and down between resistance and support in order to determine selling and buying interest and may then eventually break out into a trend or pattern.
The way in which ADX peaks, ebs, and flows is also a signifier of its overall pattern and trend momentum. The line can clearly indicate to the trader when trend strength is strong versus when it is weak. When ADX peaks are pictured as higher, it points towards an increase in trend momentum. If ADX peaks are pictured as lower - you guessed it - it points towards a decrease in trend momentum. A trend of lower ADX peaks could be a warning for traders to watch prices and manage and assess risk before a trade gets out of hand. Similarly, whenever there is a sudden move that seems out of place or a change in trend character that goes against what you’ve seen before, this should be a clear sign to watch prices and assess risk.
Summary
The ADX Breakout indicator is a trend strength indicator that analyzes price movements relative to trend strength to signal a user when is best for a trade and when is best to manage risk and assess patterns. As long as a trader recognizes strong trends and assesses the risk of each trade properly, they should have no problem using this indicator and utilizing it to work in their favor. In addition, the ADX helps identify trending conditions, but while doing so, also aids traders in finding strong trends to trade. The indicator can even alert traders to specific changes in trend momentum, allowing them to be primed for risk management.
Easy Bands Custom IndicatorBased on 21 Week SMA
--- // Buy when the market is oversold - Sell when the Market is overbought // --
If you don't know what that means don't use this indicator. Good luck out there!
Buy/Sell Signal Template/Boilerplate Strategy [MyTradingCoder]This script allows the user to connect an external indicator output/plot value to allow for a no-code solution to setup a simple buy/sell signal strategy. For those of you who do not know how to program, do not be intimidated as this is a very easy setup process.
Maybe you want to buy when the 'RSI' value drops below '30' and then sell when the 'RSI' value climbs above '70', but you don't want to code it. You can do that with this indicator along with thousands of others found on the free TradingView indicator library.
Step #1:
Put the strategy on the chart.
Step #2:
Apply a secondary indicator onto the chart, such as an RSI .
Step #3:
Open the strategy settings and change the source to the RSI
Step #4:
Change the 'Signal Settings' to match when you want a buy, or a sell. For example, if you want to get a buy signal when the RSI crosses above 50, and get a sell when it crosses below 50, set the 'buy value' to 50, and the 'buy type' to greater than, then set the 'sell value' to 50 and the 'sell type' to less than. BOOM! It works :)
