INVITE-ONLY SCRIPT

[MAD] L5 Riskmanagement MK6.2 Wizard Edition

Updated
First of all, this Backtest module comes WITHOUT a Strategy, only Riskmanagement

Modular L6 Backtest

For testing your own Indicators in this backtest use this script snipped below in your indicator Suite
After this you can include every L1 Indicator and test it.
todo this, select Digitalsignal @ your specific indicator as source, so the backtester can see its signals.

To have correct data at the exchange, use alarms after successful backtest on the indicator with "on candle close"

Steps of a entry, which you can see the in the screenshot:

L1 Strategy/Indicator sends "long"
buy of position setting of SL @%
after TP1 SL is set to entry
after TP2 position is closed 100%

If there a running position but in negative P/L each Signal adds up to the position + Growfactor
so a 1.0 would increase the next buy +100% 1, 2, 4, 8 .... (double up)

Shrinkfactor detecs a position is to large. If position is at average price it reduces to allowed percentage and continues


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Where to buy and how often.... has to come from your own indicator




This is the codesnipped for a external indicator to plot the signal as needed

<CODE>

signalout = 0
signalout := (signal_buy? 1: signal_sell? -1: 0)
BM_color_signal = signal_buy? #4C9900 : signal_sell? #CC0000: color.black
L_digital_signal = plot(signalout, title ="Digitalsignal", color=BM_color_signal, transp=0, style=plot.style_columns, display=display.none)
Release Notes
alerts
Release Notes
bugfix
Release Notes
update again
Release Notes
Update to 6.1
Release Notes
Statistics and Cleanup
Release Notes
lots of bugfixing
Release Notes
MSL Counter Long was counting on the short side
Versionnumber in Textbox
Oscillators

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 djmad for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Backtest

Want to use this script on a chart?

Warning: please read before requesting access.

djmad|Bitblockart

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