03.freeman

Super Z strategy - Thanks to Rafael Zioni

//Original script
//
This is a test for verifying if this interesting study works well.
The author, thanks to him!!!, advise a possible repaint because the script uses security function.
Refer to tradingview.com for more info on repainting:
https://www.tradingview.com/pine-script-...
QUOTE:
We can see repainting in the following cases:

1- Strategies using calc_on_every_tick=true. A strategy with parameter calc_on_every_tick = false may also be prone to repainting, but to a lesser degree.
(this is not the case, ndr).
2- Using security for requesting data from a resolution higher than the resolution of the chart’s main symbol (i.e. do not use ion weelky chart if you set 1440 (1Day) in inputs)

NOTE: Thanks again to Rafael Zioni. If he requires to delete this strategy, I'll do immediately.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Kommentarer

this strategy All results are fake.
definitely
+18 Svara
03.freeman Mby_lab
@Mby_lab, maybe you haven't read the description:
"This is a test for verifying if this interesting study works well.
The author, thanks to him!!!, advise a possible repaint because the script uses security function. "
+9 Svara
PRCHAKR Mby_lab
@Mby_lab, It is repainting which is the biggest issue.
Svara
wrong signal first there was no signal of exit of gold at 1738 .then new signal shown at 1722 ,at 1722 later disappeared and and shown on back at 1738 ,making it a profitable trade while it was loss
+11 Svara
Can you pls tell how we avoid repainting(false signal). Because i took a loss
And also can u pls explain the strategy. I think its crossover of sma
+8 Svara
I tested it and repaint occurred.
+6 Svara
Hi Freeman,

Can you please why it trades only in particular time. Suppose my chart time frame is 5 min then it executes trades at 9:20 AM IST for me (9:15 market start time + 5 min chart time frame)
If i am choosing 15 min TF and trades at 9:30 IST (9:15 start time + 15 min chart T.F) instead it should trade whenever signal got generated.

Thanks in Advance.
+2 Svara
this script was using future data as it turning lookahead on
+2 Svara
This script gives good results only because there is look-ahead bias. This script uses a security function, using which the author has a decisive answer to if the indicator will go up or down today. That is what makes its accuracy so good. but in real-time trading, this won't work.
I tried using the security function with the previous day OHLC but that removes all the goodness of the script which the author claims to have here.
+1 Svara
FAIK!
+1 Svara
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