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[SATS]Foreca$ter Backtester

SKL_Trading Updated   
Support and Resistance Moving Averages Exponential Moving Average (EMA)
2
0
supportandresistance movingaverage ema
**This is Backesting version of Foreca$ter Indicator. Access of backtester will be gained together with access of Foreca$ter**

Foreca$ter is an indicator design for trend trading.

Description:
  • Foreca$ter is originally design for trend trading, but with the timeframe focus on lower timeframe eg: 15mins, 5mins and lower, it can be used as indicator scalping.
  • There are symbol in Foreca$ter indicator that preview on the where next possible Buy/Sell signal might be generated and pay attention on it.
    In the setting, multiple signal can be toggle on to shows multiple signal that generated. It also provide the ability to set SL and multiple TP targets for alert setting.
  • The algorithm is based on multiple aspect to signal Buy and Sell signal. Below are the aspect behind.
  • -Determine support resistance on higher time frame using pivot level.
  • -Multiple EMAs cross are use for trend determination.
  • -On lower timeframe, breakout of support or resistance follow by trend confirmation to signal Buy and Sell
  • -The signals are ticker specified and there is fine tuned between different tickers and timeframe. Therefore it only works on the specified tickers and timeframe in the sysmbol.


User Manual:
Symbol: You must match the symbol with the pairs and timeframe for it to works. Eg: For "Binance: BTCUSDTPERP 15mins" you need to set the ticker as Binance: BTCUSDTPERP and set timeframe to 15mins
Show Info Panel: Toggle on and off of info panel.
Multiple Entry: Toggle on to generate signal whenever the condition are met. This give you next possible entry if you missed the current one.
Customizable stoploss and multiple take profit target
Alert for Buy/Sell, SL and multiple TP

Current support pairs:
-BTCUSDTPERP 15mins
-BNBUSDTPERP 15mins
-LINKUSDTPERP 15mins

-LINKUSDTPERP 5mins

-LINKUSDTPERP 3mins

Remarks:
- Foreca$ter is continuous develop on new pairs and on different timeframe.

DM us in TV or our Discord for access to the indicator.
Release Notes:
v1.20 - 20201113
  • Update follow Foreca$ter
Release Notes:
v1.21 - 20210105

  • Update follow indicators
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact SKL_Trading for more information, or follow the author's instructions below.

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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.

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