80% winrate 10 Profit Factor MNQ NAS100 strategy NASDAQ 30 sec30 second scalping strategy high winrate big profit factor tight ATR filtered profit target is trailing and stoploss is static rsi + EMA CROSS
Winrate
80% winrate 30 second NASDAQ ES 5 micros HIGH PROFIT FACTORLong term back testing shows 1.3 profit factor over years of data! Best used on 30 second chart for scalping strategy. Although it works on 1min for free access it is less accurate. 30 second chart has high win rate, big profit factor, tight ATR filtered profit target that is trailing the price as it goes in profit and stoploss is static 2.5 ATR (14 period) on 30 second chart. longer period RSI + EMA CROSS has proven to work well with the algorithms. If you follow the strategy and trade NQ/ES, you will be pleasantly surprised. Be patient and if there is no signal don't take any trades that day! This has a lot of potential to be the best strategy I have ever made. Long term back testing shows 1.3 profit factor over years of data! It is resilient to choppy markets so don't be afraid of false signals. Expect some losses but they are all within reason if you size accordingly. On fresh prop accounts with 2000 drawdown use 5 micros until you scale your account to 5000 worth of capital. I have worked tirelessly to make sure there are minimal number of false signals by utilizing quad RSIs and 3 EMAs with short and long periods so that the strategy utilizes higher time frames for higher probability trades. If the day is choppy the strategy might not take any trades that day saving you capital. If you use this strategy with a trading bot, be aware that there still can be out of norm volatility spikes during news events that can blow your trading account if you don't size properly. This strategy is best if utilized with 2000 drawdown prop accounts and 5 micros max. USE AT YOUR OWN RISK. If you found this strategy useful please keep it for yourself as this can be a blessing if it doesn't experience huge exposure and algorithm get accosted to it as with any other strategy that experiences decay. HIGH VOLOTILITY DAYS IS WHERE THIS STRATEGY SHINES. CHOPPY RANGEY DAYS, ON THE OTHER HAND, THE STRAT CAN BE LESS ACURATE OR NOT TAKE ANY TRADES AT ALL.
Breakout Probability (Expo)█ Overview
Breakout Probability is a valuable indicator that calculates the probability of a new high or low and displays it as a level with its percentage. The probability of a new high and low is backtested, and the results are shown in a table— a simple way to understand the next candle's likelihood of a new high or low. In addition, the indicator displays an additional four levels above and under the candle with the probability of hitting these levels.
The indicator helps traders to understand the likelihood of the next candle's direction, which can be used to set your trading bias.
█ Calculations
The algorithm calculates all the green and red candles separately depending on whether the previous candle was red or green and assigns scores if one or more lines were reached. The algorithm then calculates how many candles reached those levels in history and displays it as a percentage value on each line.
█ Example
In this example, the previous candlestick was green; we can see that a new high has been hit 72.82% of the time and the low only 28.29%. In this case, a new high was made.
█ Settings
Percentage Step
The space between the levels can be adjusted with a percentage step. 1% means that each level is located 1% above/under the previous one.
Disable 0.00% values
If a level got a 0% likelihood of being hit, the level is not displayed as default. Enable the option if you want to see all levels regardless of their values.
Number of Lines
Set the number of levels you want to display.
Show Statistic Panel
Enable this option if you want to display the backtest statistics for that a new high or low is made. (Only if the first levels have been reached or not)
█ Any Alert function call
An alert is sent on candle open, and you can select what should be included in the alert. You can enable the following options:
Ticker ID
Bias
Probability percentage
The first level high and low price
█ How to use
This indicator is a perfect tool for anyone that wants to understand the probability of a breakout and the likelihood that set levels are hit.
The indicator can be used for setting a stop loss based on where the price is most likely not to reach.
The indicator can help traders to set their bias based on probability. For example, look at the daily or a higher timeframe to get your trading bias, then go to a lower timeframe and look for setups in that direction.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Binary Options Strategy TemplateWith the hype around Binary Options trading (more like gambling instead of trading) it is good to be able to backtest a strategy before using it in the live markets.
In a Binary Options trade the trade get's closed after a specific amount of time and the only thing that matters is if the market has increased in price or decreased after that amount of time.
Because of this a strategy backtest should close all positions after a specific amount of time. In this super small script the number of bars since the trade was opened is used as a way to close the position. So for example if you use this strategy on the 1 minute charts with number of bars set to 5 it will close the position 5 minutes after opening it. Purpose of this script is using it as a strategy on already existing scripts to check viability for options trading.
With the limited pine knowledge that I have I do not know if it is possible to create a more realistic binary options strategy which also calculated the profit. If someone knows a more advanced version of this please let me know.
