INVITE-ONLY SCRIPT
Trend Following Scalper 2 Time Frames
Do you think it is a good idea to use the Stochastic / MACD / EMA and cross check TWO timeframes to detect a new trend?
If you think that it would be a good idea, this is the script that you are looking for.
The Trend Following Scalper (2 Time Frames) script has been developed to automate the trading activity by detecting a new trend and by scalping a fixed amount of pips each trade. That is why it is called Trend Following Scalper.
How does the script detect the new trend?
The beginning of the new trend is detected on the lower timeframe (4H is the suggested one) by joining the information of the Stochastic, MACD and Exponential Moving Average.
Once a potential trade has been detected on lower timeframe, the script confirms it by looking the upper timeframe (e.g. Daily) by gathering the same indicator / parameter information.
If both timeframes are moving in the same direction, the script open a new trade.
Why do we need to merge lower and higher timeframe before open the trade?
The lower timeframe shows a shorter Price Action context. The short price action context has a short life! By looking at the higher time frame context the script tries to exclude the short life counter-trend moves. At the end, a new trade is open only if the higher timeframe context supports the lower timeframe indication.
What about the Risk-Reward (following RR) ratio?
The RR is set by default as 1.6 (stop loss 25 pips and take profit 40 pips).
This configuration has been heavily tested on multiple crosses and it has shown a good Equity Line with a low Drawdown.
(Note: the stop loss and take profit can be changed by the user via the parameter pages. Suggest RR > 1.5)
What about the accuracy of the Script?
The average script accuracy is > 45% (tested with various crosses).
With this accuracy, and by risking 0.6% of the capital each trade, your capital will grow > 10% every 100 trades.
What about the drawdown?
It depends on the capital and the size of the position used on each trade.
For example, with an initial capital of 1000 Euros and by risking 0.5% of the capital each trade, the drawdown is close to 6%.
Do you want to try the script? Please write me!
Do you have some question? Please write me!
If you think that it would be a good idea, this is the script that you are looking for.
The Trend Following Scalper (2 Time Frames) script has been developed to automate the trading activity by detecting a new trend and by scalping a fixed amount of pips each trade. That is why it is called Trend Following Scalper.
How does the script detect the new trend?
The beginning of the new trend is detected on the lower timeframe (4H is the suggested one) by joining the information of the Stochastic, MACD and Exponential Moving Average.
Once a potential trade has been detected on lower timeframe, the script confirms it by looking the upper timeframe (e.g. Daily) by gathering the same indicator / parameter information.
If both timeframes are moving in the same direction, the script open a new trade.
Why do we need to merge lower and higher timeframe before open the trade?
The lower timeframe shows a shorter Price Action context. The short price action context has a short life! By looking at the higher time frame context the script tries to exclude the short life counter-trend moves. At the end, a new trade is open only if the higher timeframe context supports the lower timeframe indication.
What about the Risk-Reward (following RR) ratio?
The RR is set by default as 1.6 (stop loss 25 pips and take profit 40 pips).
This configuration has been heavily tested on multiple crosses and it has shown a good Equity Line with a low Drawdown.
(Note: the stop loss and take profit can be changed by the user via the parameter pages. Suggest RR > 1.5)
What about the accuracy of the Script?
The average script accuracy is > 45% (tested with various crosses).
With this accuracy, and by risking 0.6% of the capital each trade, your capital will grow > 10% every 100 trades.
What about the drawdown?
It depends on the capital and the size of the position used on each trade.
For example, with an initial capital of 1000 Euros and by risking 0.5% of the capital each trade, the drawdown is close to 6%.
Do you want to try the script? Please write me!
Do you have some question? Please write me!
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claudino80。
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
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claudino80。
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
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。