OPEN-SOURCE SCRIPT

MACD 50x Leveraged Long Strategy Results with Real Equity

Updated

Hello there.
I was looking for a way to simulate leveraged transactions in Tradingview and this script came out.
You can examine the equity graph without looking at the strategy results.
Thus, the facts will come to light.
Strategy parameters:

Adding margin: Forbidden or not specified. (Add Margin : No)

Position size: (for each trade) 1%

Stop-Loss: (2%)

Long: macd crossover

Exit: macd crossunder

Or ofc touching the stop-Loss value as predicted.

Warning: This strategy simulation is for Long direction only.
Regards.

Release Notes

Correction in line 37:
98% of the average entry price is taken as the Stop-Loss value.
(2% below the average entry price)

Release Notes

Net capital bug fixed.

Release Notes

We forgot to add principal position size if we win.
The previous version was wrong.
Because he saw the starting position size as a loss.

I also designed the percentage profit calculation much simpler.
I will do this update when I have enough time.

Release Notes

Apology!
I was skeptical after high success rates.
The old version was correct.
Change (Strategy.position_size) statement already adds prinsipal position size.
Update cancelled.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Noldo

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.