This script is for research purposes only. I am not a financial advisor.
This strategy is based on two take profit targets, two stop loss, and scaling out strategy. The entry rule is very simple. Whenever the EMA crossover WMA, the long trade is taken and vice versa.
Take Profit and Stop Loss
The first take profit is set at 20 pips above the long...
I'm actually one of those who think it's more important to extract clues from indicators than strategy, but I wanted to test the data about the probability and dow factor I've shared for a long time.
Usually, Bitcoin is used as an eye stain for strategy success, since the graph has increased significantly from the beginning.
To prevent this, I used a commission...
CREDITS to @HPotter for the orginal code.
CREDITS to @Yo_adriiiiaan for recently publishing the UT Bot study based on the original code -
I just added some simple code to turn it into a strategy. Now, anyone can simply add the strategy to their chart to see the backtesting results!
While @Yo_adriiiiaan mentions it works best on a 4-hour timeframe or above, I...
A strategy wrapper that makes a detailed and visual comparison between a given strategy and the buy & hold returns of the traded security.
TradingView has a "Buy & Hold Return" metric in the strategy tester that is often enough to assess how our strategy compares to a simple buy hold. However, one may want more information on how and when...
This indicator is based on Commodity Channel Index.
It buys when CCI on period 200 is under -130 and it´s rising last 12 bars. It closes the position by hitting Take Profit, Stop Loss or opening short position.
It sells when CCI on period 200 is over 130 and it´s falling last 12 bars. It closes the position by hitting Take Profit, Stop Loss or opening short...