Derivative Based StrategyThis strategy is based on utilizing the 1st, 2nd, 3rd, and 4th time derivatives of the HMA for investing equal percentages of some capital. Entry points are identified by trends in the 2nd, 3rd, and 4th derivatives while exit points are created at either a new entry point or a trailing stop loss %.
"Trailing stop"に関するスクリプトを検索
Traded Range & True ATRBlack line = Trade Range from the last X periods.
Red Line = 61.8% of black line value.
Green bar = The current trade period range.
Default Value = 21 (21 days = I business month)
Generally speaking, a stock moves approximately the same value daily. Knowing the approximate value it likes to stay within calms the nerves when you see retracement of price occuring.
IE. Price average = 1.00 in a day. It move .75 within first hour then retraces in the opposite direction. There are still hours left in the trade day, so it is trading in its value range in order to not over extend itself.
This differs in calculation from the Wells Wilder version as it smooths out jumps and only examines the ranges between high and low.
A good rule of thumb is.
Stop Loss = Entry Price +/- (ATR * 1.5)
Take Profit = (1) Entry Price +/- ATR - 50% exit (Set Trailing Stop @ Entry Value), (2) Entry Price +/- ATR * 2 (50% of remaining).
Parabolic SAR Strategy w/ EMA AlertsLong green arrow.
Short red arrow.
White bars = no trade zone.
Updating trailing stop daily.
Noro's Trailing-Stop StrategyThe lime line - to close a short position and to open a long position.
The red line - to close a long position and to open a short position.
Parabolic SAR StrategyReally questioning how the trailing stop works in the backtesting framework of tradingview/pinescript, I am sure I would not get the same results with the same strategy in MT4.
Triangular Moving Average (TMA) bandsWhat in the world is up folks ??!??
Here's the indicator of the day. Sharing a simple one today because I'm busy coding for a few clients (fun life of a top script author on TradingView)
The TMA bands is an indicator that I discovered on FXCM a few years ago FXCM TMA bands
From the screenshot above, we see that when the price hits the lower band, it's a possible reverse BUY signal. When it hits the upper band, it's a possible SELL signal
Methodology
1) The Take Profit 1 is the middle line, Take Profit 2 is the opposite band.
2) Once the TP1 is hit, set your Stop Loss to breakeven
3) Once the TP2 is hit, if you still want to stay in the trade, set your Stop Loss to the TP1
That's what we call a trailing stop loss which I offered in the Trade Manager : Trade-Manager-Open-Source-Version/
It will be a powerful tool in your arsenal for some scalp/intraday trades
After years of coding for traders, I worked with many brokers/API/languages so I'm very used to convert a script from a broker to another one (shameless self-advertising)
PS
Tomorrow I'll share the Signal version of my Algorithm Builder:
You'll be able to connect it in a single click to a very cool Backtest System made by the Pinescripters community
In other words, I'm selling the scripts to allow you to build your own signals in a few clicks AND to connect it easily to a kick-ass backtesting tool. More to come tomorrow
Hope you'll like it, like me, love it, love me, tip me :)
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Feel free to hit the thumbs up as it shows me that I'm not doing this for nothing and will motivate to deliver more quality content in the future. (Meaning... a few likes only = no indicators = Dave enjoying the beach)
- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Trend-reversalThis indicator is for detection of trend reversal based on trailing stop (blue line)
the Bullish zone is in blue (red above blue line), bearish zone in orange ( blue line above red line)
gray line is the average of donchian channel
I put the line on 1440 min (so it like daily trailing line) , you can make it shorter if you want .
In this example of BNB coin we see in red arrow that the coin drop from red line so it loosing power -here it sell point during bullish period(blue)
on the other hand when we are in bearish (orange), we can see that the coin is breaking the red line -buy point and the trend is reverse
main script is taken from ceyhun so credit is to him on this
Double Stochastic DivergenceSame as my protected script but you can now see the code
This Study plots divergences and overlays a second %K as a fractal and changes the color of %D for the non fractal
Option to use Stochastic RSI for Fractal
Background Shading according to trend
Feel Free to change the indicator values to suit your style / system
The divergence script is thanks to @RicardoSantos, I've just adjusted it to suite my indicator
Remember that divergences work best when traded with the trend or very late in a trend when going against the trend
Common value for %K is 5, I have chosen 3 as it gives faster entries when using multiple time frames
If you are not using a momentum indicator as a trailing stop and using only cycle indicator
then I would recommended %K be 4 for exits
RBI Strategy /w TSSLThis is the Strategy with Backtest Date Range and Trailing Stop / Stop-Loss to vitelot's RBI indicator:
Smeared VCI BacktestThis is the strategy with backtest date range and trailing-stop / stop-loss for vitelot's Smeared VCI indicator:
Generalized SSL Backtest w/ TSSLStrategy with Backtest Date Range and Trailing-Stop / Stop-Loss for vitelot's indicator:
NVT Signal with RMA and Thresholds (Strategy / Backtest)This is the strategy w/ backtester and trailing-stop / stop-loss for kishin's NVT alerts
FSCG-TSSLA modification of dasanc's "Fisher Stochastic Center of Gravity"
Added:
- Thresholds for Buy/Sell Signals
- Trailing Stop / Stop Loss
- Backtest Range
Support the open-source community.
Screw you people selling open-source scripts to newbies.
Tip Jar: 3KNZq8mE24MuBmpDJVF31bBy8zc9beDiZo
Contact me for collaborations and let's take things to the next level!
Do NOT contact me for alert scripts or paid-custom work, I don't work for clients.
MACD Enhanced System MTF with optional TSL and Alerts [LTB]This script is developed to analyse MACD, MACD Signal, MACD Histogram movements by using current and higher time frame. Script calculates higher time frame automatically, no manuel entry. there is trailing stop loss line that is optional.
You can change the parameters as you wish.
btw. you should know that MACD is more successful when there is a trend.
I already shared this as a strategy script. Some ppl wanted to see the code.
You might want to see strategy test =>
by LonesomeTheBlue
Keltner Channels x 2"Keltner Channel x 2" is a simple modification of another script found on Tradingview that was posted by Ale91wolf called "Keltner Channels Linda Raschke".
This modified script allows the user to stack one Keltner Channel on top of another using different ATR multipliers which can be helpful by creating more visual
levels of price action as well as areas for potential trailing stop levels.
Supertrend FilterA derivation of the famous SuperTrend indicator.
My motivation for such indicator was to use more recursion in the original SuperTrend code, this work was made quite fast but feel free to modify it, as always my work is more for inspirational use than anything else so i hope it will inspire you to get more involved with the SuperTrend code or to start coding with Pine.
The indicator no longer act as a trailing-stop but more like a filter, this is due to the fact that the indicator conditions are swapped and that the output is reused many times in the calculation.
Parameters change as well and involve particular gestion. The Factor Parameter is no longer an integer but decimals such that 0 < Factor < 1 .
When the Period is high the indicator tend to become less linear/static and look more like a classic moving average.So it is important to have higher Factor values when the Period is high and reciprocally.Here a table to help you with parameters settings :
for Period = 1 to 50 Factor = 0.5
for Period = 50 to 100 Factor = 0.6
for Period = 100 to 150 Factor = 0.7
for Period = 150 to 200 Factor = 0.8
for Period = 200 to 300 Factor = 0.9
There could be a formula to scale the Factor depending on the Period but there would be no proof that the scaling method used is optimal.
Hope you enjoy
For any questions/demands feel free to pm me, i would be happy to help you
APEX - Tester - Buy/Sell Strategies - BasicThis is a simple study for backtesting your strategy for the APEX trading bot. It encorporates the following strategies and script created individually :
- Moving averages -
- Bollinger Bands -
- MACD -
- RSI -
- SRSI -
- Stochastic -
- CCI -
- Percentage Change -
- VWAP -
Be aware that the buy points will in no way be exactly the same as APEX. Some buys will be missed by apex (Spikes).
It also encorporates basic riskmangement:
TP - Take profit
SL - Stop Loss
TSL - Trailing Stop Loss
please select at minimum TP and SL combination or TSL (only TP alone wont be enough)
Additional information:
green buy triangle is the basic buy strategy
green sell is casue by TP TSL
orange sell is casue by sell strategy
orange sell is casue by sell strategy
SL red line
TP green line
TSL purple
- Riskmanagement thanks to JustUncleL
- Added S/R lines thanks to buydipsonly ( blue and yellow line )
Ergotic MACD Strategy [forked from HPotter]Ergotic MACD Strategy forked from HPotter
In addition to this fine script you will find some additional features:
- Backtester
- Alerts
- Filters: RSI, MFI, Price trend
- Trailing Stop Loss
- Other minor adjustments
CryptoTrader - Simple and effective Ema CrossoverWorks well on 4h charts, ETHUSD,BTCUSD,and XRPUSD but can be tested also on other crypto's.
On those pairs no need of sofisticate scripts to trade.
Can add a trailing stop, but as you see works perfect as it is.
KISS (Keep It Simple Stupid).
Binque's Multi-Moving Average Binque's Multi-Moving Average - One indicator with four simple moving average and four exponential moving averages, plus as a bonus a Day High moving average and a Day Low Moving Average.
Simple Moving Average or MA(14), MA(50), MA(100) and MA(200) all in one indicator
Exponential Moving Average or EMA(8), EMA(14), EMA(20) and EMA(33) all in one indicator
Day High Moving Average - Tracks the Daily High versus most moving averages track the daily close.
Day Low Moving Average - Tracks the Daily Low versus most moving average track the daily close.
To Disable moving averages, Set the color to the chart background and then set the length to 1 and uncheck.
I Use the Daily High Moving Average to track upward resistance in a stock movement for Swing Trading.
I Use the Daily Low Moving Average to track my trailing stop in a stock movement for Swing Trading.
Simple Buy/Sell IndicatorThe original script was posted on ProRealCode by user Doctrading.
This little and simple code allows you to draw an indicator, which show you when buy or sell conditions are met.
For "buy" conditions, I did just set :
close > MM200
close > Parabolic SAR
MACD > 0
RSI7 > 50
For "sell" conditions : the opposite.
Of course, you can set what you want, in order to test your strategies.
Of course, to be profitable, you must also set your trading rules (entry, stop loss, trailing stop, take profit, etc.)
It's only an indicator, which doesn't show entry or exit rules.