[Fedra Algotrading LR + TTP Indicator Lite]
How it works?
- It calculates the linear regression of the last X candles and define a range based on a linear regression deviation (represented by the 3 parallel lines over the last candle).
-Open trades based on the breakout of the deviation of the linear regression (represented by the yellow triangle).
-Advanced trend filter to not open trades against the trend consist in 2 SMA cross and and a few other conditions, including sptionally super trend (Represented by the red and green background).
-Percentage take profit (represented by the horizontal green line. configurable)
-Percentage stop loss (represented by the horizontal red line. Configurable
-Break even when a trade has already opened and there is a change of trend. Calculated in 1.5% when the price is under the yellow SMA.
Alerts in each case to receive notifications (BUY & SELL, TP BE SL).
Added labels with entry price and PnL of each closed trade to facilitate optimization
- It calculates the linear regression of the last X candles and define a range based on a linear regression deviation (represented by the 3 parallel lines over the last candle).
-Open trades based on the breakout of the deviation of the linear regression (represented by the yellow triangle).
-Advanced trend filter to not open trades against the trend consist in 2 SMA cross and and a few other conditions, including sptionally super trend (Represented by the red and green background).
-Percentage take profit (represented by the horizontal green line. configurable)
-Percentage stop loss (represented by the horizontal red line. Configurable
-Break even when a trade has already opened and there is a change of trend. Calculated in 1.5% when the price is under the yellow SMA.
Alerts in each case to receive notifications (BUY & SELL, TP BE SL).
Added labels with entry price and PnL of each closed trade to facilitate optimization
Versionsinformation:
Version= 2.1
Cosmetic changes:
Buy label= blue
TP label = green
BE label = orange
SL label = red
Cosmetic changes:
Buy label= blue
TP label = green
BE label = orange
SL label = red
Versionsinformation:
Version 2.3
Added Unrealized PnL label (gray)
Added Unrealized PnL label (gray)
Versionsinformation:
Instructions have been added to disable the closing in Break even (you only have to set it to a value greater than TP).
Versionsinformation:
Added cumulative PnL and "Buy & hold" values to facilitate parameter optimization.
These values are in a table, at the top right of the chart.
These values are in a table, at the top right of the chart.
Versionsinformation:
Version 2.4
Added closed trades counter and Win Ratio to the backtest panel.
Added closed trades counter and Win Ratio to the backtest panel.
Versionsinformation:
Win ratio background changes red/green when is negative/positive
Versionsinformation:
Version 2.5
Fixed "Profit Factor" label instead o "Win Ratio"
Fixed "Profit Factor" label instead o "Win Ratio"
Versionsinformation:
cosmetic changes
Versionsinformation:
V 3.0
Added a session filter. Now you can choose what week days the script can open a trade, and backtest with this filter too.
Added a session filter. Now you can choose what week days the script can open a trade, and backtest with this filter too.
Versionsinformation:
v 3.5
Added a 200 (configurable) SMA for trend confirmation (optional)
Added a 200 (configurable) SMA for trend confirmation (optional)