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.
版本注释
add small triangle up and down to show the wave may reverse.版本注释
Update the chart and the performance overview is from 2021-01-01 to 2022-06-22.版本注释
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
版本注释
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.仅限邀请脚本
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作者的说明
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系sevenjay。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。