OPEN-SOURCE SCRIPT
已更新 Aroon Oscillator Strategy

This is simple strategy based on Aroon Oscillator. I have found that using length 144 or 169 on hourly chart shows excellent results.
Tested on SPY , QQQ and AAPL. Especially when you look at AAPL results , it has 60% profitable in recent trades. ( Dont assume this will be same for other stocks or ETFs)
Aroon Oscillator setting : 169 ( 169 is square root of 13 ... you can also use fib level 144 , which is square root of 12 )
BUY
When Aroon Oscillator crosses above zero line
Add
if Long position is already opened, and current close is less than BUY price and RSI 13 crossing above 30 line
Exit
when Aroon Oscialltor crosses below zero line
Stop Loss
default stop loss has been set to 5%
Note: I have not plotted RSI to the chart. Please include RSI 13 to see how position gets added ... Also add ema 169 to see how the price is aligned with the Aroon Oscillator
Warning
For the educational purposes only
Tested on SPY , QQQ and AAPL. Especially when you look at AAPL results , it has 60% profitable in recent trades. ( Dont assume this will be same for other stocks or ETFs)
Aroon Oscillator setting : 169 ( 169 is square root of 13 ... you can also use fib level 144 , which is square root of 12 )
BUY
When Aroon Oscillator crosses above zero line
Add
if Long position is already opened, and current close is less than BUY price and RSI 13 crossing above 30 line
Exit
when Aroon Oscialltor crosses below zero line
Stop Loss
default stop loss has been set to 5%
Note: I have not plotted RSI to the chart. Please include RSI 13 to see how position gets added ... Also add ema 169 to see how the price is aligned with the Aroon Oscillator
Warning
For the educational purposes only
發行說明
I have added another parameter to whether exitOnAroonOscialltor cross down to zero. Since script already has logic to capture partial profits when Osc crossdown below 90, at some point all the long positions will be emptied out.This will also allow us to stay in the traded by sticking to our stoploss 5% , rather than just exiting on a whipsaw signal.
發行說明
1. Stop Loss calculation fixed
2. Entry quantity and Addition quantity calculation has been changed
3. bar color changed to purple when Aroon Oscillator is above 90
4. if Aroon Osc cross down zero setting is selected --- stop loss value is not considered , it simply exits on oscillator crossing below zero line
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。