This Strategy operates on a Daily Time Frame and decisions are made based on monthly Pivot Points. Choosing different time frames and pivot periods influences trading decisions and is not recommended
The script contains the following calculations: -Pivot Points, -Short and long term moving averages (sma, ema, getting), -Bollinger bands, -Trend following
The strategy aims to keep the asset profitable for as long as possible by predicting the turning points of the price. Therefore, it is not suitable for day-trade. Average holding period of assets is 15-20 days. The script makes decisions to buy or sell when the price is above or below the determined averages and pivot points. In this way, it follows the trend and aims for maximum profit. It continuously makes calculations for the distortion conditions of the trend and generates orders to exit the position when the necessary conditions are met to stop the loss.
發布通知
Backtest Start Date switched from 2020 to 2017 to show long term trade results.
發布通知
Better backtest results with some new Entry - Exit point formulas.
發布通知
New trade conditions added.
發布通知
New Long Term Moving Averages and buy and sell conditions added. Yearly OHLC and Pivots added.
發布通知
Improved trend following formulas. Less transaction and better percent profitable.
發布通知
"Bull-Trap Stop" added for better results.
發布通知
New Long and Short signals added.
發布通知
Signal Labels changed X for position close.
發布通知
Strenghtened Short Position conditions. Sustainability corrections.
發布通知
*Roll back to version 9
發布通知
Better trading results achieved.
發布通知
* Trade signals are visible only when Monthly Pivot selected. * Some trade conditions are changed.
發布通知
Bug fix on Long4 condition.
發布通知
Minor condition changes.
發布通知
Script creates Long, short, close long, close short signals only on daily period and monthly pivots.
發布通知
Little changes
發布通知
Reduced some risks.
發布通知
New Long Condition L9 Ema50 line added.
發布通知
Fine Tuning...
發布通知
* Anti- Repainting corrections made.
發布通知
Little Fixes in L9
發布通知
Visiblity problem of the Pivot Lines on the lower timeframes solved. Max_bar_back corrections applied.