Interesting performance for Super Trend strategy for Tesla ( TSLA ) 1m chart.
Params: ST Mult: 3, ST Period 120.
Performance:61% profit, 637 trades, only 33% prof, 4.84% dd , 0.4 Sharpe.
On its own, it might be not a very good strategy, but the big amount of trades allows you to add more filters and improve it.
The strategy is not bad both with "when" params...
This is almost the same strategy that Alex Orekhov (everget) sells to unnoticed newbies... The only thing he added was a tool that analyses the better performance of the indicator, that is the difference from his script, and i dont have it here, what i have is what is freely distributed in many communities... But as i follow him for more than 1 year i saw that...
One of my mixed approach strategy indicators which include's:
- Ichimoku using much faster settings. (ECC-11)
Whilst both Supertrend and Ichimoku are quite reliable, they do sometimes provide false signals. By combining both indicators, trading when both agree, it reduces the number of false alerts.
Using this indicator is simple. If the lifetime...
I am publishing my updated Ichimoku ++ study with a more suitable title. Future updates will take place with this version.
The intention of this script is to build/provide a kind of work station / work bench for analysing markets and especially Bitcoin . Another goal is to get maximum market information while maintaining a good chart overview. A...
An implementation of the supertrend indicator as it'll be implemented in build-in pine function
Supertrend calculates two values:
using the direction resistance and support are plotted.
This strategy is showing what would be if you just follow supertrand indicator. As we know, supertrand doesn't appear immediately and we need to wait the next bar for decision about entering. So you can see what will happen if you take position after supertrend finally formed. This indicator is extremely dangerous without another tools and can give very serious...
I created this script for basically two reasons
1. there is not simple suptertrend indicator available on tv rather you will find many fancy suptrend indicators with confusing other indicators and absurd background colors i dont know why some of the trader coders are obsessed with is using over the top color and designing phenomena.
2. I want to let people...
Based on the Auto-Line code, the Efficient Auto Line aim to provide a more controlled adaptivity of the indicator. The first indicator of this sort worked this way : when the absolute difference between the price and the indicator is higher than the previous indicator +/- A pips of amplitude, the indicator will display the closing price, else...
A Super Trend based on the high and low of a Moving Average, to get an easy view what the current trend is and where to buy and sell.
- The 'Closing Source' option is the candle value that triggers the clouds. 'High/Low System' means that a downtrend is over when the candle LOW closes greater than the downtrend (dark cloud), an uptrend is over when the...
Based on my previous indicator , this indicator plot a trailing stop using classic conditions.
Using The Indicator
Like any trailing stop when price is higher than the trailing stop this imply a buy signals, when price is lower than the trailing stop this imply a sell...
Script is based on SuperRange - evo @EvoCrypto
It's based on highest and lowest candle close from a few bars back.
Removed + added some minor stuff, added alerts and signals
dded a signal line (ALMA)
added options to display EMA 20/50/100/200
use higher timeframe (1D)
Similar to X system but here I use the super trend with MTF function
the sell option depend on the % channel sell seen in red as bearish rule (so both need to agree)
the buy option depend only on the MTF which is set on 2 hour on 1 hour candles. you can try to modify if you want shorter times to see if it better
if you want it sell more just remove the and...