TheBigBangTraders BreakoutName: TheBigBangTraders Breakout
Category: Trend Follower
Operating mode: Spot
Trades duration: Intraday
Timeframe: 1H
Suggested usage: the purpose of this strategy is to help to investigate if the asset is sensitive to breakout approach.
Entry: Trigger point can be choose by the user between:
High of the N days ago
High of the N weeks ago
Exit: End of Day
Usage:
⁃ It can be useful to use this script to test the behaviour of a definite asset
⁃ This is a raw system that can be considered a base to realize a complete breakout strategy
Configuration:
- N/A
Backtesting
⁃ Exchange: BINANCE
⁃ Pair: ETHUSDT
⁃ Timeframe: !H
⁃ Fee 0.075%
⁃ Slippage 0
- Start : 2020-01-03
How you or we can improve? Source code is open so share your ideas!
Behavior
Visualizing Behaviors of barstate VariablesThe title pretty much sums up what this script does. It's intended for Pine Script developers, but especially for newcomers to Pine Editor contemplating the use of barstate variables. I would recommend using this on 15 second or 1 minute chart intervals for a quick and obvious analysis of barstate behaviors.
These barstate variables change from TRUE to FALSE or FALSE to TRUE during specific times/conditions of script operation. One unique state you might not ever see change is barstate.isfirst. This is only TRUE when bar_index==0, most easily viewed on the monthly "All" chart on the far left. I provided a label displaying the current bar_index for perspective. I hope this provides an improved grasp of barstate understanding for fellow members, as it did for myself.
When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section, should you have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members , I may implement more ideas when they present themselves as worthy additions. Have a profitable future everyone!
Medal Trader Idea [Xiaolai(Sean) Chen]During the podcast of "winning the great game", Adam Robinson share his thought about Medal Traders disagree with Bond traders and Medal Traders will always trump.
Medal Trader Idea = Copper Future / Gold Future
when up, means Medal Trader has a good expectation of the future economy
