Most definitely this is the best strategy I have ever coded. (Read Note Below)
Version 3 of PineScript code, 2 contract/lot trades at once, pyramiding = 2.
Commission of 100 pips included on each trade, accurate representation of actual spreads, commission_value = 0.02.
This is essentially 270% of profit in a single month - check the date on the first...
Version 3 for you guys, just add to favorites and you can use.
Only 36 trades since 2017, since that is when the backtesting began.
I made the commission more realistic, now it is about 37 pips per trade.
Only works on gold, (XAUUSD).
Trend Following as you can see.
1 contract size, 1 trade at a time, good proof of how being correct less than a third of the...
Sorry, protected script as it uses a couple key indicators that are somewhat of a trade secret.
What I will tell you, is that the code is version 3, so no repaints, although this one never had them in the first place.
In my code, I use 'contracts', which I suppose are sizes, of 20.
Commission included to make it more realistic.
All this profit is from the...
This strategy improves on the latest one that I posted in several ways.
the %profit is reduced by 3%
Success rate reduced by 2%
Drawdown decreased by half (from 40% to 20%)
Average trade $ increased by $500
So i've been fiddling around with this once more
The result is increased net profit, same time frame as previous strategy, more drawdown, but that comes with the net profit.
1 pip = 1$
Pyramiding of 3 orders.
Commission included.
More trades
Profitability rate is about the same.
In my free time I felt like coding this strategy, and after backtesting it, it appears that the 30m time frame is the most profitable.
I only have been working on it for gold, but it should work similarly for silver as well.
This includes no pyramiding, and with pyramiding orders of 5, this strategy is upwards of 100% profitable.
Buy order - when price is above...
This script clearly shows trends. Add it to your charts, adjust colors and brightness and apply your trading method accordingly. It does not repaint and work well in all timeframes.
A newer, more customizable version of the holy grail script I published for silver before.
This script is a work in progress (as was the last version) and although I have been trying to refine this script I would still only classify it in the early stages of development; unlike my previous Euro Dollar strength holy grail script which was designed to work with...
A newer, more polished (aka less buggy), and updated version of the holy grail script I published for silver before.
This script is a work in progress (as was the last version) and although I have been trying to refine this script I would still only classify it in the early stages of development; unlike my previous Euro Dollar strength holy grail script which...
This tool is Inspired by John Murphy from Stock Charts. This indicator including the Long term, middle term and short term parameter. As John Murphy design, I kept the same proportion of the long, mid and short term as 60%, 30% and 10% but all could by modulated. This indicator is very simple and It range from 0.1 to 99.9, mean that full bullish is close of 99.9...
Combined the RSI inverse of gold to USD with the Dollar index (or whatever stock symbol that may be inverted/complementary) with another asset/currency, like bitcoin, you can basically be well informed when a potential move is on the horizon. Settings allow for inverse settings and de-combining the two pairs as well as a nice cloud look if all the lines get annoying.
I know a Trader that went 18 months without a losing trade. This Trader averaged trading 700-800 contracts per month in the Futures markets.
The was not his only system but here were his rules.
He looked at the 60 minute bar and calculated the ranges of the bars over the last 3 months. IF the range of the Bar was Greater Than the 99th Percentile, He would Fade...
See 1st Chart Post For Specific Details. Custom Indicator Highlights Bars for Specific Days of Week. Works on Daily Charts and Intraday Charts. Option to Highlight One Day or Multiple Days.
![BTCUSD: [LAVA] Early Warning Indicator](https://s3.tradingview.com/o/OR24WHiv_mid.png "[LAVA] Early Warning Indicator")
