PROTECTED SOURCE SCRIPT
Updated hamster-bot ZZ
Compilation of various modifications of the trend breakout reversal strategies based on the ZigZag .
Includes past versions of scripts:
This new ZZ strategy includes all the best practices for this strategy. the script has great flexibility of settings.
Instructions for script parameters:
Parameter ZZ Type - is responsible for the basic type of strategy used (usually it is responsible for building levels)
then you will need to configure the settings block corresponding to the selected ZZ type.
At the moment the script contains types: ZZ2 + ZZ6
The rest of the parameters are common for any type of ZZ.
Further development will be done in this script. The above scripts will not be updated.
At the moment the options are already available:
- Take Profit
- Stop Loss
- One entry Long/Short
- Single entry
- Levels offset
- Levels multiplier
- Levels angle
Includes past versions of scripts:
- version 1 ZZ2Breakout reversal strategy
- version 2 ZZ2 with experimental options hamster-bot ZZ Breakout reversal strategy
- version 3 ZZ6Noro's ZZ-6 by hamster-botThe original script is available here
The original script is available here
Description ZZ6:
New version of ZZ-strategy.
Repaint?
Normal lines are not redrawn. Dotted lines repaint, but do not affect trading (do not affect backtests). You can turn off repaint in the script settings. Repaint (dotted lines) are needed only for clarity. To make it clear from which bar the level is created.
Levels
Lime lines above - level from a local high bar. To open a long position. Using a market stop order.
Red line at the bottom - the level from a local low bar. To open a short position. Using a market stop order.
Trading
You can trade without short positions. Then the red line is the level for a stop-loss order.
Reverse trading can be used. Without stop-loss orders.
Risk size
Order size depends on the risk size parameter and possible loss. If risk size = 2%, it means that the loss will be no more than 2%.
For crypto
Symbols: XBT/USD, BTC /USD, BTC /USDT, ETH/USD, etc - need USD(T)
Timeframes: 1h, 4h, 1d
This new ZZ strategy includes all the best practices for this strategy. the script has great flexibility of settings.
Instructions for script parameters:
Parameter ZZ Type - is responsible for the basic type of strategy used (usually it is responsible for building levels)
then you will need to configure the settings block corresponding to the selected ZZ type.
At the moment the script contains types: ZZ2 + ZZ6
The rest of the parameters are common for any type of ZZ.
Further development will be done in this script. The above scripts will not be updated.
At the moment the options are already available:
- Take Profit
- Stop Loss
- One entry Long/Short
- Single entry
- Levels offset
- Levels multiplier
- Levels angle
Release Notes
Fixed bug witht levels offsetRelease Notes
Stop by new levelRelease Notes
New options: [DF] Distance Filter, [FF] Flat Filter, Narrowing of levelsRelease Notes
new options: Close by MA trailing stop, Close by MA crossing, MA crossing filterRelease Notes
[FIX] MA distance filterRelease Notes
fix close options Release Notes
new Single Entry modeRelease Notes
ReverseRelease Notes
Kalman filter (experiment) Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
hamster-bot.com/phoenix - инвестиционный алгофонд - консервативный доход
t.me/bothamster - канал бота
t.me/bothamster - канал бота
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
hamster-bot.com/phoenix - инвестиционный алгофонд - консервативный доход
t.me/bothamster - канал бота
t.me/bothamster - канал бота
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.