Multi-RSI BB Fast Trader Autoview & Alerts Indicator
Overview
This is a fully featured StochRSI, RSI & Bollinger Band customisable indicator with custom conditions and alerts that can be taken
advantage of using automated solutions such as Autoview , or using it alongside/testing BUY/SELL conditions against your favourite markets
to maximise gains in ProfitTrailer 2.0 and finally you can use this a standalone manual general purpose signals indicator to scalp or accumulate your chosen market.
Features:
3 different core strategies with fully customisable buy / sell conditions to suit your needs: StochRSI + RSI + BB, StochRSI + BB, BB
Toggleable conditional logic to further tweak your buy / sell conditions: Conservative Conditions, Aggressive Conditions
New intuitive chart layout to make the tweaking process visually easy and appealing. With this layout its incredibly easy to see why conditions might not be met and helps guide you on what settings need to be tweaked.
2 custom alerts that be used to either signal a manual trade or for use with automated solutions such as Autoview.
Planned Updates:
Version 1.1: Toggleable
Version 1.2: Toggleabe
Version 1.3: Toggleable
More currently being planned!
Trial Access:
48 hour no obligation trial access just leave a message on the script and PM me.
Permanent Access:
Flat Fee: 0.10 ETH (0.05 for any previous purchaser of my work)
As with all my TradingView indicators, there are no monthly fees or subscriptions. I don't make these for the money but I do add a fee to avoid over-saturation so I can give
those that see value in it and want to use it the best experience:
Lifetime full access to the indicator and any subsequent updates/improvements for it.
Full support over TV or Discord to help you create a suitable strategy for your needs.
50% discount off any future/previous work I have created on TradingView.
Algotrading
BB% RSI Autoview & Alert Signal Advanced Indicator 2.0
Version 2.0 Upload
Detail
This is a premium indicator that is intended for automated trading (eg. Autoview) on the 4 hour time scale. This script uses normalised Bollinger Band and RSI values to find greatly oversold/overbought territory. When a entry or exit has been identified, further conditions are checked to attempt to prevent entry into traps based on volume and price history . There are three alerts set up that can be used to either trigger an automated entry/exit of a trade or be used as a simple signal to manually make the trade if you don't have time to look at charts throughout the day.
Available Settings
RSI Length
RSI Oversold/Overbought thresholds
BB Length
BB Multiplication
Future developments
I am constantly tinkering with the indicator to make it better and even more reliable. Here are some features in the works:
A strategy version will be created for use in back-testing
Even more customisation regarding modifying BB% upper and lower thresholds
More conditions will be checked to improve the dip detector to maximise profits on the uptrend when OS conditions are more infrequent
Availability
Please PM me for a 24H free trial full access to the indicator to analyse its setting and visually backtest it against your desired markets.
Afterwards this indicator is available for a flat fee of 0.10 ETH for lifetime access, all future updates and full support from me at any time to help fine tune it.
BACKTEST SCRIPT 0.999 ALPHATRADINGVIEW BACKTEST SCRIPT by Lionshare (c) 2015
THS IS A REAL ALTERNATIVE FOR LONG AWAITED TV NATIVE BACKTEST ENGINE.
READY FOR USE JUST RIGHT NOW.
For user provided trading strategy, executes the trades on pricedata history and continues to make it over live datafeed.
Calculates and (plots on premise) the next performance statistics:
profit - i.e. gross profit/loss.
profit_max - maximum value of gross profit/loss.
profit_per_trade - each trade's profit/loss.
profit_per_stop_trade - profit/loss per "stop order" trade.
profit_stop - gross profit/loss caused by stop orders.
profit_stop_p - percentage of "stop orders" profit/loss in gross profit/loss.
security_if_bought_back - size of security portfolio if bought back.
trades_count_conseq_profit - consecutive gain from profitable series.
trades_count_conseq_profit_max - maxmimum gain from consecutive profitable series achieved.
trades_count_conseq_loss - same as for profit, but for loss.
trades_count_conseq_loss_max - same as for profit, but for loss.
trades_count_conseq_won - number of trades, that were won consecutively.
trades_count_conseq_won_max - maximum number of trades, won consecutively.
trades_count_conseq_lost - same as for won trades, but for lost.
trades_count_conseq_lost_max - same as for won trades, but for lost.
drawdown - difference between local equity highs and lows.
profit_factor - profit-t-loss ratio.
profit_factor_r - profit(without biggest winning trade)-to-loss ratio.
recovery_factor - equity-to-drawdown ratio.
expected_value - median gain value of all wins and loss.
zscore - shows how much your seriality of consecutive wins/loss diverges from the one of normal distributed process. valued in sigmas. zscore of +3 or -3 sigmas means nonrandom realitonship of wins series-to-loss series.
confidence_limit - the limit of confidence in zscore result. values under 0.95 are considered inconclusive.
sharpe - sharpe ratio - shows the level of strategy stability. basically it is how the profit/loss is deviated around the expected value.
sortino - the same as sharpe, but is calculated over the negative gains.
k - Kelly criterion value, means the percentage of your portfolio, you can trade the scripted strategy for optimal risk management.
k_margin - Kelly criterion recalculated to be meant as optimal margin value.
DISCLAIMER :
The SCRIPT is in ALPHA stage. So there could be some hidden bugs.
Though the basic functionality seems to work fine.
Initial documentation is not detailed. There could be english grammar mistakes also.
NOW Working hard on optimizing the script. Seems, some heavier strategies (especially those using the multiple SECURITY functions) call TV processing power limitation errors.
Docs are here:
docs.google.com
