This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules:
1. Today is Monday.
2. The close must be lower than the close on Friday.
3. The IBS must be below 0.5.
4. If 1-3 are true, then enter at the close.
5. Sell 5 trading days later (at the close).
If you backtest it on...
| Initial Release | | EN |
An update of my old script, this script is designed so that it can be used as a template for all those traders who want to save time when programming their strategy and backtesting it, having functions already programmed that in normal development would take you more time to program, with this template you can simply add your favorite...
Tradingview default strategy tester has few limitations. To name some:
Tradingview default strategy tester does not have option for periodic investment.
Does not allow reduce and refill kind of operations.
Comparison to buy and hold equity does not take into consideration on number of days invested
Hence, I created this as base for my further...
This script is a framework to build strategies by combining indicators and conditions (long, short, exits). You are able to analyze your strategies in realtime by changing the input parameters related to indicators, conditions and their combinations.
With this Study/Strategy framework, you will be able to create strategy conditions,...
Part of this script is used to calculate inferential statistics and metrics not available through the built in variables in the strategy tester.
A label will be created on the last bar displaying important strategy results, so you can test and analyze strategies quicker.
The built in strategy itself is just an example. You can copy and paste the metrics into...