SeongMo_MA_V3(Elliot_helper)Made to make it easier to count Elliott waves.
If you renew your new high price, you'll continue your new high price
When the new low is renewed, the new low is continued.
If you are within the range of the previous candle, use the ratio of the difference between the median value of the previous candle and the closing price of the current candle to determine whether to continue the high or low price.
If a can with a tail that updates a new high price and a new low price at the same time comes out, the phrase "Check_candle!" appears to mean that you should check it with a lower time zone candle.
图表形态
Click Draw TrendLine [UhoKang] v2
This is an indicator that directly draws a trend line by clicking on the candle.
Click to Create Trend lines !!
Create a trend line by connecting A, B, and C with three vertices.
1. Draw Bear Trend line
Click pivot high : First pivothigh of the downtrend line
Click pivot low : pivotlow of the downtrend line
Click pivot high : Second pivothigh of the downtrend line
2. Draw Bull Trend line
Click pivot low : First pivotlow of the uptrend line
Click pivot high : pivothigh of the uptrend line
Click pivot low : Second pivotlow of the uptrend line
Modefiy Trendlines
1. Edit Bear Trend line
Drag Red , ,
2. Edit Bull Trend line
Drag Green , ,
[Sniper] SSL Hybrid + QQE MOD + Waddah Attar StrategyHi. I’m DuDu95.
**********************************************************************************
This is the script for the series called "Sniper".
*** What is "Sniper" Series? ***
"Sniper" series is the project that I’m going to start.
In "Sniper" Series, I’m going to "snipe and shoot" the youtuber’s strategy: to find out whether the youtuber’s video about strategy is "true or false".
Specifically, I’m going to do the things below.
1. Implement "Youtuber’s strategy" into pinescript code.
2. Then I will "backtest" and prove whether "the strategy really works" in the specific ticker (e.g. BTCUSDT) for the specific timeframe (e.g. 5m).
3. Based on the backtest result, I will rate and judge whether the youtube video is "true" or "false", and then rate the validity, reliability, robustness, of the strategy. (like a lie detector)
*** What is the purpose of this series? ***
1. To notify whether the strategy really works for the people who watched the youtube video.
2. To find and build my own scalping / day trading strategy that really works.
**********************************************************************************
*** Strategy Description ***
This strategy is from "SSL QQE MOD 5MIN SCALPING STRATEGY" by youtuber "Daily Investments".
"Daily Investments" claimed that this strategy will make you some money from 100 trades in any ticker in 5 minute timeframe.
### Entry Logic
1. Long Entry Logic
- close > SSL Hybrid Baseline.
- QQE MOD should turn into blue color.
- Waddah Attar Explosion indicator must be green.
2. Short Entry Logic
- close < SSL Hybrid Baseline
- QQE MOD should turn into red color.
- Waddah Attar Explosion indicator must be red.
### Exit Logic
1. Long Exit Logic
- When QQE MOD turn into red color.
2. Short Entry Logic
- When QQE MOD turn into blue color.
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
3. SSL Hybrid Baseline is by default drawn on the chart.
4. If you check EMA filter, EMA would be drawn on the chart.
5. Should add QQE MOD and Waddah Attar Explosion indicator manually if you want to see QQE MOD.
**********************************************************************************
*** Rating: True or False?
### Rating:
→ 1.5 / 5 (0 = Trash, 1 = Bad, 2 = Not Good, 3 = Good, 4 = Great, 5 = Excellent)
### True or False?
→ False
→ Doesn't Work on 5 minute timeframe. Also, it doesn't work on crypto.
### Better Option?
→ Use this for Day trading or Swing Trading, not for Scalping. (Bigger Timeframe)
→ Although the result was bad at 5 minute timeframe, it was profitable in 1h, 2h, 4h, 8h, 1d timeframe.
→ BTC, ETH was ok.
→ The result was better when I use EMA filter (only on longer timeframe).
### Robust?
→ So So. Although result was bad in short timeframe (e.g. 30m 15m 5m), backtest result was "consistently" profitable on longer timeframe.
→ Also, MDD was not that bad under risk management option on.
**********************************************************************************
*** Conclusion?
→ Don't use this on short timeframe.
→ Better use on longer timeframe with filter, stoploss and risk management.
Davin's 10/200MA Pullback on SPY Strategy v2.0Strategy:
Using 10 and 200 Simple moving averages, we capitalize on price pullbacks on a general uptrend to scalp 1 - 5% rebounds. 200 MA is used as a general indicator for bullish sentiment, 10 MA is used to identify pullbacks in the short term for buy entries.
An optional bonus: market crash of 20% from 52 days high is regarded as a buy the dip signal.
An optional bonus: can choose to exit on MA crossovers using 200 MA as reference MA (etc. Hard stop on 50 cross 200)
Recommended Ticker: SPY 1D (I have so far tested on SPY and other big indexes only, other stocks appear to be too volatile to use the same short period SMA parameters effectively) + AAPL 4H
How it works:
Buy condition is when:
- Price closes above 200 SMA
- Price closes below 10 SMA
- Price dumps at least 20% (additional bonus contrarian buy the dip option)
Entry is on the next opening market day the day after the buy condition candle was fulfilled.
Sell Condition is when:
- Prices closes below 10 SMA
- Hard stop at 15% drawdown from entry price (adjustable parameter)
- Hard stop at medium term and long term MA crossovers (adjustable parameters)
So far this strategy has been pretty effective for me, feel free to try it out and let me know in the comments how you found :)
Feel free to suggest new strategy ideas for discussion and indicator building
Crypto BTC Correlation Scalper Gaps StrategyThis strategy is based on the gaps theory.
In this case we have the BTC futures from CME, which acts in a way similar to stocks, and we can have gaps present between close/open session, and also sometimes between same candle due to huge movements intra candle.
At the same time I have combined this with a daily moving average, to help out a bit with the trend, since we are looking at small timeframe like 1-15/30min .
On top of that we have a reverse option, where long = short and viceversa, which can be used with against BTC pairs .
Rule are simple:
For long, we have a long gap and the close of the correlated candle is above daily sma
For short, we have a short gap and the close of the correlated candle is below daily sma
For exit:
For exit, we take the highest highest values for short entry TP, meaning we get the different from the HH and rest the current open candle distance, and use that distance as a TP.
At the same time for long entry, we take the lowest low value and rest current close of the candle to that value, and we get the TP.
Can also be applied this logic for SL aswell but from the test I have found out that exiting based on a reverse condition(when tp is not being hit), gives better results/dd overall.
If you have any questions, please let me know !
Suchit RSI CCISuchit RSI CCI strategy uses the Relative Strength Index and Commodity Channel Index levels and their movement for buy and sell calls
Morning Scalp StrategyThe Morning Scalp Strategy combines the 50EMA with the Stochastic Momentum Index. The morning period is when penny stocks usually have the highest volatility, so the strategy works between 10:00 AM and 12:10 PM.
***It opens only long positions. The ideal timeframe for this scalping strategy is 5 minutes on low-price stocks. The stock should spike in the morning with momentum and Volume.
***Look for a daily or intraday support area, close to the open position, to increase the confidence in the play
The components are:
- EMA50: Exponential Moving Average (EMA50)
- Stochastic Momentum Index (SMI)
Rules:
- Period: 10:00 AM and 12:10 PM
- if SMI Crossover and SMI < 0, open a position
- If close < EMA50, close the position
- Profit target: To be decided by the user, default value = 10% above the entry price
If you have any questions, let me know!
EMA and MACD with Trailing Stop Loss (by Coinrule)An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average. An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average simple moving average ( SMA ), which applies an equal weight to all observations in the period.
Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average ( EMA ) from the 12-period EMA.
The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell—or short—the security when the MACD crosses below the signal line. Moving average convergence divergence ( MACD ) indicators can be interpreted in several ways, but the more common methods are crossovers, divergences, and rapid rises/falls.
The Strategy enters and closes the trade when the following conditions are met:
LONG
The MACD histogram turns bearish
EMA7 is greater than EMA14
EXIT
Price increases 3% trailing
Price decreases 1% trailing
This strategy is back-tested from 1 January 2022 to simulate how the strategy would work in a bear market and provides good returns.
Pairs that produce very strong results include XRPUSDT on the 1-minute timeframe. This short timeframe means that this strategy opens and closes trades regularly
In order to further improve the strategy, the EMA can be changed from 7 and 14 to, say, EMA20 and EMA50. Furthermore, the trailing stop loss can also be changed to ideally suit the user to match their needs.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
EMA + Bullish Engulfing Candle Pattern StrategyHello Guys! Nice to meet you all!
This is my first open source script!
### Long Condition
1. Bullish Engulfing Candle
2. No doge Candle
3. Present volume should be bigger than the previous volume (20%)
4. Trend filter (with 2 EMAs)
### Close Condition
1. When trend Changes
2. When Bearish Engulfing Candle appears
###
No stop loss and take profit.
How to use Leverage in PineScriptI believe there are many friends who have been confused by the leverage problem of TradingView strategy, when backtesting, it is always unable to bring its own leverage, so it is impossible to do leverage sustained compounding, this key point, and many friends are looking forward to solve. In particular, the default_qty_value = 100, where 100 is the upper limit.
Here I have used the official RSI strategy for demonstration, using the qty to place orders. Through strategy.equity, leverage and close price, and rounding, directly calculate the specific number of contracts need to be opened.
I hope you can enjoy solving the leverage problem, and I look forward to your pointing out my problems and shortcomings to me. Thank you.
ninja strategyThe ninja strategy is 3-minute scalping.
It takes profits from very short term ups and downs.
V Bottom & V Top Pattern [Misu]█ This indicator shows V bottom & V top patterns as well as potential V bottom & V top.
These V bottom & V top are chart powerful reversal patterns.
They appear in all markets and time-frames, but due to the nature of the aggressive moves that take place when a market reverses direction, it can be difficult to identify this pattern in real-time.
To address this problem, I added potential V pattern as well as the confirmed one.
█ Usages:
You can use V top & V bottoms for reversal zones.
You can use it for scalping strategies, as a main buy & sell signal.
Potential V patterns can be used to anticipate the market, in addition to volatility or momentum indicators, for example.
█ How it works?
This indicator uses pivot points to determine potential V patterns and confirm them.
Paramaters are available to filter breakouts of varying strengths.
Patterns also have a "max number bars" to be validated.
█ Why a Strategy type indicator?
Due to the many different parameters, this indicator is a strategy type.
This way you can overview the best settings depending on your pair & timeframe.
Parameters are available to filter.
█ Parameters:
Deviation: Parameter used to calculate parameters.
Depth: Parameter used to calculate parameters.
Confirmation Type: Type of signal used to confirme the pattern.
> Mid Pivot: pattern will confirm on mid pivot breakout.
> Opposit Pivot: pattern will confirm on opposit pivot breakout.
> No confirmation: no confirmation.
Lenght Avg Body: Lenght used to calculate the average body size.
First Breakout Factor: This factor multiplied by the "body avg" filters out the non-significant breakout of potential V pattern.
Confirmation Breakout Factor: This factor multiplied by the "body avg" filters out the non-significant breakout for the confirmation.
Max Bars Confirmation: The maximum number of bars needed to validate the pattern.
Bitcoin Scalping Strategy (Sampled with: PMARP+MADRID MA RIBBON)
DISCLAIMER:
THE CONTENT WITHIN THIS STRATEGY IS CREATED FROM TWO INDICATORS CREATED BY TWO PINESCRIPTER'S. THE STRATEGY WAS EXECUTED BY MYSELF AND REVERSE-ENGINEERED TO MEET THE CONDITIONS OF THE INTENDED STRATEGY REQUESTOR. I DO NOT TAKE CREDIT FOR THE CONTENT WITHIN THE ESTABLISHED LINES MADE CLEAR BY MYSELF.
The Sampled Scripts and creators:
PMAR/PMARP by @The_Caretaker Link to original script:
Madrid MA RIBBON BAR by @Madrid Link to original script:
Cheat Code's strategy notes:
This sampled strategy (Requested by @elemy_eth) is one combining previously created studies. I reverse-engineered the local scope for the Madrid moving average color plots and set entry and exit conditions for certain criteria met. This strategy is meant to deliver an extremely high hit rate on a daily time frame. This is made possible because of the very low take profit percentage, during the context of a macro downtrend it is made easier to hit 1-3% scalps which is made visible with the strategy using sampled scripts I created here.
How it works:
Entry Conditions:
-Enter Long's if the lime color conditions are met true using the script detailed by Marid's MA
- No re-entry into positions needs to be met true (this prevents pyramiding of orders due to conditions being met true) applicable to both long and short side entries.
- To increase hit rate and prevent traps both the parameters of rsi being sub 80 and no previously engulfing candles need to be met true to enter a long position.
- Enter Short's if the red color conditions of Madrid's moving average are met true.
- Closing Long positions are typically not met within this indicator, however, it still sometimes triggers if necessary. This consists of a pmarp sub 99 and a position size greater than 0.0
- Closing Short positions are typically not met within this indicator, however, it still sometimes triggers if necessary. This consists of a pmarp over 01 and a position size less than 0.0
- Stop Loss: 27.75% Take Profit: 1% (Which does not trigger on ticks over 1% so you will see average trade profits greater than 1%)
BYBIT:BTCUSDT BINANCE:BTCUSDT COINBASE:BTCUSD
Best Of Luck :)
-CheatCode1
Gap Stats v2This helpful analysis tool displays a table of days a stock has gapped, how much it gapped by and what percentage of the gap was covered.
It is meant to be used on the daily timeframe and can help you distinguish if gaps are going to be filled or not. I like to use it mainly on medium + cap stocks
that have gapped overnight or pre-market and see what the tendency is with how it behaves after a major gap.
R19 STRATEGYHello again.
Let me introduce you R19 Strategy I wrote for mostly BTC long/short signals
This is an upgrated version of STRATEGY R18 F BTC strategy.
I checked this strategy on different timeframes and different assest and found it very usefull for BTC 1 Hour and 5 minutes chart.
Strategy is basically takes BTC/USDT as a main indicator, so you can apply this strategy to all cryptocurrencies as they mostly acts accordingly with BTC itself (Of course you can change main indicator to different assets if you think that there is a positive corelation with. i.e. for BTC signals you can sellect DXY index for main indicator to act for BTC long/short signals)
Default variables of the inticator is calibrated to BTC/USDT 5 minute chart. I gained above %77 success.
Strategy simply uses, ADX, MACD, SMA, Fibo, RSI combination and opens positions accordingly. Timeframe variable is very important that, strategy decides according the timeframe you've sellected but acts within the timeframe in the chart. For example, if you're on the 5 minutes chart, but you've selected 1 hour for the time frame variable, strategy looks for 1 hour MACD crossover for opening a position, but this happens in 5 minutes candle, It acts quickly and opens the position.
Strategy also uses a trailing stop loss feature. You can determine max stoploss, at which point trailing starts and at which distance trailing follows. The green and red lines will show your stoploss levels according to the position strategy enters (green for long, red for short stop loss levels). When price exceeds to the certaing levels of success, stop loss goes with the profitable price (this means, when strategy opens a position, you can put your stop loss to the green/red line in actual trading)
You can fine tune strategy to all assets.
Please write down your comments if you get more successfull about different time zones and different assets. And please tell me your fine tuning levels of this strategy as well.
See you all.
Gotobi TeriyakiUSDJPY Anomaly.
This anomaly originated in Japan.
Buy from 2:00 pm Japan time.
Sell at 9:55 Japan time.
Japanese importers often settle payments to suppliers in dollars, and exchange yen for dollars on settlement days (days falling on a 5 or 10, so-called goto days).
Therefore, on goto days, there is sometimes a shortage of dollars held by financial institutions. This is called the "middle price shortage," and financial institutions purchase dollars through the foreign exchange market to resolve the middle price shortage.
As a result, the dollar currency is bought and USD/JPY depreciates against the yen. Since the yen has historically appreciated against the dollar, exporting companies make forward exchange contracts with financial institutions as a risk hedge.
Financial institutions are therefore forced to procure dollars in the market because they do not have enough dollars in their balance sheets to deliver to exporters.
Five days is called "GO" in Japanese.
Ten days is called "TO" in Japanese.
In Japanese, a day is called "BI".
Now I can eat teriyaki all day long :)
ドル円ゴトー日ストラテジーを作ってみました。
J2S Backtest: 123-Stormer StrategyThis backtest presents the 123-Stormer strategy created by trader Alexandre Wolwacz "Stormer". The strategy is advocates and shared by the trader through his YouTube channel without restrictions.
Note :
This is not an investment recommendation. The purpose of this study is only to share knowledge with the community on tradingview.
What is the purpose of the strategy?
The strategy is to buy the 123-Stormer pattern at the bottom of an uptrend and sell the 123-Stormer pattern at the top of a downtrend, aiming for a short stop for a long profit target.
To which timeframe of a chart is it applicable to?
Recommended for weekly and daily charts, as the signals are more reliable, being that strategy a good option for swing and position trading.
What about risk management and success rate?
The profit target is established by the author as being twice the risk assumed. Also according to the author, the strategy is mathematically positive, reaching around 65% of success rate in tradings.
How are the trends identified in this strategy?
Two averages are plotted to indicate the trend, a fast EMA average with an 8-week close and a slow EMA average with an 80-week close.
Uptrend happens whenever the fast EMA is above the slow EMA and prices are above the fast EMA. In this case, we should start looking for a LONG entry based on the signal of the 123-Stromer pattern to buying.
On the other hand, downtrend happens when the fast EMA is below the slow EMA and prices are below the fast EMA. In this case, we should start looking for a SHORT entry based on the signal of the 123-Stromer pattern to selling.
How to identify the 123-Stormer pattern for a LONG entry?
This pattern consists of three candles. The first candle has a higher low than the second candle's low, and the third candle has a higher low than the second candle's low. In this pattern, we will buy as soon as a trade occurs above the third candle's high, placing a stop as soon as a trade occurs below the second candle's low, with profit target twice the risk assumed. In another words, the amplitude of the prices of the three candles from the third candle’s high upwards. (you can use fibonacci extension to determine your stops and profit targets).
Importantly, the low of the three candles must be above the fast EMA average and in an uptrend.
How to identify the 123-Stormer pattern for a SHORT entry?
This pattern consists of three candles. The first candle has a lower high than the second candle's high, and the third candle has a lower high than the second candle's high. In this pattern, we will sell as soon as a trade occurs below the third candle's low, placing a stop as soon as a trade occurs above the second candle's high, with profit target twice the risk assumed. In other words, the amplitude of prices of the three candles from the third candle’s low down (you can use fibonacci extension to determine your stops and profit targets).
Importantly, the high of the three candles must be below the fast average and in a downtrend.
Tips and tricks
According to the author, the best signal for both LONG or SHORT entry is when the third candle is a inside bar of second candle.
Backtest features
Backtest parameters are fully customizable. The user chooses to validate only LONG or SHORT entries, or both. It is also possible to determine the specific time period for running the backtests, as well as setting a threshold in candels for entry by the 123-Stormer pattern.
Furthermore, for validation purposes, you can choose to activate the best signal of the pattern recommended by the author of the strategy, as well as change the values of the EMA averages or even deactivate them.
Final message
Feel free to provide me with any improvement suggestions for the backtest script. Bear in mind, feel free to use the ideas in my script in your studies.
Swing Failure Reversal StrategyThis strategy is using Swing Failure Patterns as a reversion indicator.
The strategy automatically adapts itself to the timeframe of the current chart.
Swing Failure Pattern occurs when the price trend fails to set new highs in uptrend or meet new lows in a downtrend. This pattern helps traders decide when to enter and exit the market. Usually, traders enter in the downtrend i.e. lower price highs and lower price lows, and exit in the uptrend situation i.e. higher price highs and higher price lows. Thus, traders go against the current trend. This helps the traders take advantage of early trend reversal indicators.
Types of Failure Swing :
Failure Swing Top: This occurs when the stock price goes higher whereas the RSI fails to make a higher high and falls below the recent fail point. The Fail Point is where the RSI line is below the recent swing low. This Failure Swing indicates a short position.
Failure Swing Bottom: This occurs when the stock price gets lower whereas RSI fails to make a lower low and rises over the recent fail point. Fail point is the point where the RSI line is above the recent swing high. This Failure Swing indicates a long position.
