OPEN-SOURCE SCRIPT

Simple and Profitable Scalping Strategy (ForexSignals TV)

已更新
Strategy is based on the "SIMPLE and PROFITABLE Forex Scalping Strategy" taken from YouTube channel ForexSignals TV.
See video for a detailed explaination of the whole strategy.

I'm not entirely happy with the performance of this strategy yet however I do believe it has potential as the concept makes a lot of sense.
I'm open to any ideas people have on how it could be improved.

Strategy incorporates the following features:

Risk management:
  • Configurable X% loss per stop (default to 1%)
  • Configurable R:R ratio


Trade entry:
  • Based on stratgey conditions outlined below


Trade exit:
  • Based on stratgey conditions outlined below


Backtesting:
  • Configurable backtesting range by date


Trade drawings:
  • Each entry condition indicator can be turned on and off
  • TP/SL boxes drawn for all trades. Can be turned on and off
  • Trade exit information labels. Can be turned on and off
  • NOTE: Trade drawings will only be applicable when using overlay strategies


Debugging:
  • Includes section with useful debugging techniques


Strategy conditions

Trade entry:
LONG
  • C1: On higher timeframe trend EMAs, Fast EMA must be above Slow EMA
  • C2: On higher timeframe trend EMAs, price must be above Fast EMA
  • C3: On current timeframe entry EMAs, Fast EMA must be above Medium EMA and Medium EMA must be above Slow EMA
  • C4: On current timeframe entry EMAs, all 3 EMA lines must have fanned out in upward direction for previous X candles (configurable)
  • C5: On current timeframe entry EMAs, previous candle must have closed above and not touched any EMA lines
  • C6: On current timeframe entry EMAs, current candle must have pulled back to touch the EMA line(s)
  • C7: Price must break through the high of the last X candles (plus price buffer) to trigger entry (stop order entry)

SHORT
  • C1: On higher timeframe trend EMAs, Fast EMA must be below Slow EMA
  • C2: On higher timeframe trend EMAs, price must be below Fast EMA
  • C3: On current timeframe entry EMAs, Fast EMA must be below Medium EMA and Medium EMA must be below Slow EMA
  • C4: On current timeframe entry EMAs, all 3 EMA lines must have fanned out in downward direction for previous X candles (configurable)
  • C5: On current timeframe entry EMAs, previous candle must have closed above and not touched any EMA lines
  • C6: On current timeframe entry EMAs, current candle must have pulled back to touch the EMA line(s)
  • C7: Price must break through the low of the last X candles (plus price buffer) to trigger entry (stop order entry)


Trade entry:
  • Calculated position size based on risk tolerance
  • Entry price is a stop order set just above (buffer configurable) the recent swing high/low (long/short)


Trade exit:
  • Stop Loss is set just below (buffer configurable) trigger candle's low/high (long/short)
  • Take Profit calculated from Stop Loss using R:R ratio


Credits

"SIMPLE and PROFITABLE Forex Scalping Strategy" taken from YouTube channel ForexSignals TV
版本注释
Fix incorrect inline value in settings
backtestbacktestingExponential Moving Average (EMA)pullbackriskmangementriskrewardstragegytrendtrendtrading

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?


更多:

免责声明