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PROTECTED SOURCE SCRIPT

Pivot STRTGY_V1

By alsatTR
Updated
This Strategy operates on a Daily Time Frame and decisions are made based on monthly Pivot Points.
Choosing different time frames and pivot periods influences trading decisions and is not recommended

The script contains the following calculations:
-Pivot Points,
-Short and long term moving averages (sma, ema, getting),
-Bollinger bands,
-Trend following


  • The strategy aims to keep the asset profitable for as long as possible by predicting the turning points of the price.
    Therefore, it is not suitable for day-trade.
    Average holding period of assets is 15-20 days.
    The script makes decisions to buy or sell when the price is above or below the determined averages and pivot points.
    In this way, it follows the trend and aims for maximum profit.
    It continuously makes calculations for the distortion conditions of the trend and generates orders to exit the position when the necessary conditions are met to stop the loss.
Release Notes
Backtest Start Date switched from 2020 to 2017 to show long term trade results.
Release Notes
Better backtest results with some new Entry - Exit point formulas.
Release Notes
New trade conditions added.
Release Notes
New Long Term Moving Averages and buy and sell conditions added.
Yearly OHLC and Pivots added.
Release Notes
Improved trend following formulas.
Less transaction and better percent profitable.
Release Notes
"Bull-Trap Stop" added for better results.
Release Notes
New Long and Short signals added.
Release Notes
Signal Labels changed X for position close.
Release Notes
Strenghtened Short Position conditions.
Sustainability corrections.
Release Notes
*Roll back to version 9
Release Notes
Better trading results achieved.
Release Notes
* Trade signals are visible only when Monthly Pivot selected.
* Some trade conditions are changed.
Release Notes
Bug fix on Long4 condition.
Release Notes
Minor condition changes.
Release Notes
Script creates Long, short, close long, close short signals only on daily period and monthly pivots.
Release Notes
Little changes
Release Notes
Reduced some risks.
Release Notes
New Long Condition L9
Ema50 line added.
Release Notes
Fine Tuning...
Release Notes
* Anti- Repainting corrections made.
Release Notes
Little Fixes in L9
Release Notes
Visiblity problem of the Pivot Lines on the lower timeframes solved.
Max_bar_back corrections applied.
Release Notes
New ema20 powered L10 signal added.
Release Notes
Average lines are visible now.
Release Notes
Better trading performance.
Release Notes
*Fine Tuning
Moving AveragesPivot PointsstrategyTrend Analysis

Protected script

This script is published closed-source and you may privately use it freely.

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alsatTR
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