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INVITE-ONLY SCRIPT
Updated

QaSH Linear Regression + SuperTrend

1 236
This script uses linear regression and standard deviation measurements to trigger entries and calculate placement of TP and SL prices. A larger linear regression line will provide the market trend, while a smaller linear regression line will look for pullback entries within the larger trend. Up to 10 orders can run in parallel as a form of pyramiding in and out of a position. The supertrend is used as an additional filter for trend confirmation.
Trend following and mean reversion entries can be used per your preference. Several other entry filters are available for confirmation.

The stoplosses can be moved to breakeven during a trade, and an alert will be sent that includes the exact order ID that needs to be moved, and to what price. This is an advanced feature that is very powerful when used with a capable automation service.
Release Notes
added max drawdown input
Release Notes
added placeholder for syminfo.mintick in alert messages. This will be used for limit loops in an automation service
Release Notes
Added support for % risk of equity position sizing
Release Notes
minor fix for plots on the chart not updating when they should
Release Notes
added placeholder in alert messages for closing all positions
Release Notes
minor typo fixes
Release Notes
added some placeholders in alert messages

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ParabolicValue directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

message me
Warning: please read our guide for invite-only scripts before requesting access.
ParabolicValue
Also on:
pyramidingsupertrendTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
pyramidingsupertrendTrend Analysis

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ParabolicValue directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

message me
Warning: please read our guide for invite-only scripts before requesting access.
ParabolicValue
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.