INVITE-ONLY SCRIPT
已更新 Wavelet Trade Strategy
The strategy was based on Wavelet and Trend to find a small wave trade:
Wavelet Concepts
A wavelet is a wave-like oscillation with an amplitude that begins at zero, increases or decreases, and then returns to zero one or more times. Wavelets are termed a "brief oscillation".
1. A price of wavelets has been established, based on the bar and direction of its pulses.
2. Wavelet uses transforms to decompose the price and time series data.
3. Then, the obtained approximation and detail components after decomposition are used to forecast future prices.
What it does:
In each small wave, find potential high and low. filter by trend to know higher high or lower low and trade by this strategy.
you could not buy the bottom and sell the top every time, but is close in local range by a small wave.
How it does it:
The wavelet can be used to analyze waves in space and reduce noise, while retaining the important components. Whenever the ADX falls below a certain threshold, a bottom blue line will appear. It means the price is into range, otherwise trend.
How to use it:
The recommended time frame is less than 12 hours.
Set parameters to fine tune your strategy.
Use SL/TP as part of your strategy, and change date to find the most weak time.
Default parameter is for BTC fine tune:
The performance overview is from 2021-01-01 to 2022-05-30.
Wavelet Concepts
A wavelet is a wave-like oscillation with an amplitude that begins at zero, increases or decreases, and then returns to zero one or more times. Wavelets are termed a "brief oscillation".
1. A price of wavelets has been established, based on the bar and direction of its pulses.
2. Wavelet uses transforms to decompose the price and time series data.
3. Then, the obtained approximation and detail components after decomposition are used to forecast future prices.
What it does:
In each small wave, find potential high and low. filter by trend to know higher high or lower low and trade by this strategy.
you could not buy the bottom and sell the top every time, but is close in local range by a small wave.
How it does it:
The wavelet can be used to analyze waves in space and reduce noise, while retaining the important components. Whenever the ADX falls below a certain threshold, a bottom blue line will appear. It means the price is into range, otherwise trend.
How to use it:
The recommended time frame is less than 12 hours.
Set parameters to fine tune your strategy.
Use SL/TP as part of your strategy, and change date to find the most weak time.
Default parameter is for BTC fine tune:
The performance overview is from 2021-01-01 to 2022-05-30.
發行說明
add small triangle up and down to show the wave may reverse.發行說明
Update the chart and the performance overview is from 2021-01-01 to 2022-06-22.發行說明
New feature: 1. Take half position profit in TP1. Sometimes the main TP is too far to reach, the strategy needs to avoid roller coaster and let TP not too close leading to few profit.
Sharpe Ratio will be better when taking partial profits, but results in less total profit in some cases.
2. Add counts on triangle when the wave may reverse, a larger number means the relative strength is more over.
The performance overview is from 2021-01-01 to 2022-09-10
發行說明
Adjust parameter. Now we have a back-testing system to find out the best strategy, will update every 2 month to adapt to market changes. Don't miss it, just join the telegram channel.僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡sevenjay。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Try 1 month free, fill out the form in English: https://forms.gle/cchyAvY4BX3VhoRw8 ; in Chinese 申請一個月的免費試用中文表格: https://forms.gle/YeyFkZSn8QPZjZBU6
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡sevenjay。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Try 1 month free, fill out the form in English: https://forms.gle/cchyAvY4BX3VhoRw8 ; in Chinese 申請一個月的免費試用中文表格: https://forms.gle/YeyFkZSn8QPZjZBU6
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。