OPEN-SOURCE SCRIPT
Updated

2xSPYTIPS Strategy by Fra public version

308
This is a test strategy with S&P500, open source so everyone can suggest everything, I'm open to any advice.

Rules of the "2xSPYTIPS" Strategy :

This trading strategy is designed to operate on the S&P 500 index and the TIPS ETF. Here’s how it works:

1. Buy Conditions ("BUY"):
- The S&P 500 must be above its **200-day simple moving average (SMA 200)**.
- This condition is checked at the **end of each month**.

2. Position Management:
- If leverage is enabled (**2x leverage**), the purchase quantity is increased based on a configurable percentage.

3. Take Profit:
- A **Take Profit** is set at a fixed percentage above the entry price.

4. Visualization & Alerts:
- The **SMA 200** for both S&P 500 and TIPS is plotted on the chart.
- A **BUY signal** appears visually and an alert is triggered.

What This Strategy Does NOT Do
- It does not use a **Stop Loss** or **Trailing Stop**.
- It does not directly manage position exits except through Take Profit.

Release Notes
This is a test strategy with S&P500, open source so everyone can suggest everything, I'm open to any advice.

Rules of the "2xSPYTIPS" Strategy :

This trading strategy is designed to operate on the S&P 500 index and the TIPS ETF. Here’s how it works:

1. Buy Conditions ("BUY"):
- The S&P 500 must be above its **200-day simple moving average (SMA 200)**.
- TIPS must be above its **200-day simple moving average (SMA 200)**.
- This condition is checked at the **end of each month**.

2. Position Management:
- If leverage is enabled (**2x leverage**), the purchase quantity is increased based on a configurable percentage.

3. Visualization & Alerts:
- The **SMA 200** for both S&P 500 and TIPS is plotted on the chart.
- A **BUY signal** appears visually and an alert is triggered.

What This Strategy Does NOT Do
- It does not use a **Stop Loss** or **Trailing Stop**.
- It does not directly manage position exits.

This strategy is not mine but from another guy who improved a strategy he found.
(Still in developing)
Release Notes
Debug

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