A few people have been asking me to share my backtesting template. Currently I use this as my starting point for validating existing strategies and developing new ones. Features: Trading Date Range Trade Direction 4 progressive take profits with target percents and percentage of position to take profit on (Thanks adolgo) Variable percentage Stop...
This strategy is based on the AlphaTrend indicator by KivancOzbilgic A full description of this algorithm functionality may be found by clicking the linked image above. Changes and/or additions: It is now a backtestable strategy Updated alert trigger logic Easy integration with ProfitView to use this algorithm for automated trading When you create an...
This strategy will enter positions when the set stochastic conditions are met, and uses the moving average to filter the direction of the trades (long/short). The background is used to illustrate the strength of the stochastic values. The following is a step by step guide in order to automate the trading of the strategy with ProfitView: In the indicator...
The base for this strategy is the "Backtesting 3commas DCA Bot v2" script by rouxam. I have made some additions, edits, and fixes, as well as tailored it for usage with ProfitView. The strategy works in such a way that you select one or multiple rules together, in order to determine when a trade should be initiated. The selectable rules are: RSI-7: Initiate...
This is a different version of my backtest module, which will be a fully featured alert and backtest tool. The new strategy alerts will be integrated so we don't require 2 different scripts anymore. All in one. There are no stop mechanism in this version. The entry and exit signal has to come from your indicator (you can set the signal values yourself). It also...
Hello traders My way to fight this situation is to stay productive. Hope some of my scripts will help you out as most of us are locked-down at home, hence have more time for trading - and preparing ourselves when the sun will shine on us again I - Concept This is an upgrade of this script which captured only the regular divergences This screener detects...
Hello Traders This is a proof of concept and a cool pinescript utility It displays a risk to reward division as a fractional value. For example Risk: 300 Reward: 600 This will be displayed as 1/2 as we can earn 2 units for a potential loss of 1 unit (600/300 = 2) for those wondering the NASA level mathematics behind :) Best regards Dave
Hello traders This is the strategy version of this script I - Concept I present to you, ladies and gentlemen, the first screener for harmonic patterns. Starting with an ACBD pattern screener this time!! I used the calculations from Ricardo Santo's script In short, he's using fractals (regular or Bill Williams ) for the pattern calculations. A...
Hello ladies and gentlemen 📒 INDICATOR OF THE DAY 📒 The TD sequential fans are going to love that one. TD Sequential has two parts – TD Setup and TD Countdown. The first phase of TD Sequential starts with a TD Setup and is completed with a 9 count. When the 9 count is completed, it is at that point, a price pause, price pullback, or reversal is likely. The...
Measures the Rate of Change (%, ROC) over the previous X bars and fires an Up or Down alerts which you can use to update your TP/SL stops, increase or decrease your position... or anything else really. Basic but proven useful :)
Hello traders This is a simple algorithm for a Tradingview strategy tracking a convergence of 2 unrelated indicators. Convergence is the solution to my trading problems. It's a puzzle with infinite possibilities and only a few working combinations. Here's one that I like - Engulfing pattern - Price vs Moving average for detecting a breakout Definition...
Hello traders This is a quick helper displaying the US bank holidays labels 1 day before the actual bank holiday date Useful to be reminded when it's better to not trade as the big "whales" aren't trading either - and are probably drinking cocktails on their yachts in the Caribbeans island This is my way of saying that, the days where the USA are off, the...
SAR signals (Parabolic and Lucid) combined with UT pivots, all filtered by the 200 MA. Golden and death crosses are also included to catch larger moves out-with long/short trends. These are filtered by my chop indicator to remove sideways signals. This is designed for the 5 minute chart but may be useful elsewhere with some tweaking. Alerts are included for...
Hello traders Someone requested the strategy version of the Supertrend CCI indicator It's a Supertrend not based on candle close but based on a CCI ( Commodity Channel Index ) How does it work? Bull event: CCI crossing over the 0 line Bear event: CCI crossing below the 0 line When the event is triggered, the script will plot the Supertrend as follow UP...
Trend Following Scalping Bot Great results on pretty much any pair and timeframe Features: Dynamic Trend Detection Long / Short Scalp Alerts Take Profit (Trailing Stop) & Stop Loss Alerts TP/SL Plots for Profitview included This is Donationware 🍺 Leave me a tip, you decide the amount, then send me a DM to get access. The link to my tip jar is below...
Hello traders A bit of context Definition: Volatility is defined as the close of current candle - close of the previous N candle This is an alternative version of my Best Volatility Calculator The other version is displayed on a panel below. This one overlays on the chart using the "overlay=true" setting This indicator shows the average volatility, of...
Hello traders Continuing deeper and stronger with the screeners' educational series one more time I - Concept This screener detects whether the price goes above, below or stays in between the Ichimoku cloud II - How did I set the screener The visual signals are as follow: - square: Above or Below Then the colors are: - green when above the cloud - red when...
A scalping script for the 30 min chart that is designed and tuned to be used with trading bots such as ProfitView or Autoview. I personally trade with this on Bitmex. This trading system is built upon 4 established trading indicators that compliment each other. All signals are filtered in a number of ways to avoid chop and only trigger when a strong trend or...