Get started

Search in scripts for "tp"

RedFlagCounter-trend strategy Condition to open a long position: Buys if the price drops by a specified percentage from the previous candle’s close. Only one purchase can be made within a single candle. Condition to close a position: Places a separate individual closing limit order for each purchase, or uses one common take-profit order for the whole position. ⚠️ Attention : Stop-loss is not implemented in the current first version of the strategy. Options description: Drop_percent , % — Percentage drop in price from the From point From — The reference point on the closed candle from which the Drop_percent is calculated (Open, Close, High, Low) Tp , % — Take-profit level as a percentage Count — Number of allowed additional purchases (scaling in) Each_tp — Mode switch: True — a separate take-profit is placed for each purchase False — one common take-profit is placed based on the average entry price of the position
Pine Script® strategy
by hamster-bot
2
Table Logic ExtractorTable Logic Extractor v2.0 Advanced multi-timeframe analysis with intelligent trade recommendations! Overview: This sophisticated indicator provides comprehensive market analysis through multiple technical indicators and timeframes. It combines EMA analysis, RSI momentum, MACD signals, Bollinger Bands, volume analysis, divergence detection, and intelligent trade recommendations with support/resistance distance calculations and trading style detection. Key Features: ✅ Multi-Indicator Analysis - EMA, RSI, MACD, Bollinger Bands, Volume, ATR ✅ Multi-Timeframe Analysis - M1, M5, M15, M30 trend comparison ✅ Divergence Detection - Bullish and bearish divergence with strength calculation ✅ Support/Resistance Analysis - Distance calculations with Fibonacci levels ✅ Trading Style Detection - Trend, Range, Breakout, Scalping identification ✅ Intelligent Trade Signals - Style-based trade recommendations with confidence levels ✅ Risk Management - Stop Loss and Take Profit calculations ✅ Comprehensive Table - Real-time analysis with 14 different metrics How It Works: The indicator uses advanced analysis: • Multi-Timeframe - M1, M5, M15, M30 trend analysis • Style Detection - Automatic trading style identification • S/R Analysis - Fibonacci-based support/resistance levels • Weighted Scoring - EMA (2.0), RSI (1.5), MACD (1.5), BB (1.0), Volume (1.0) • Intelligent Signals - Style-based trade recommendations Trading Style Detection: • TREND TRADING - Strong trend + aligned timeframes (Green) • RANGE TRADING - Low volatility + sideways movement (Yellow) • BREAKOUT TRADING - High volume + near levels (Orange) • SCALPING - High volatility + quick moves (Red) Information Table (14 Metrics): Real-time display showing: • ATR volatility with signal (HIGH/MED/LOW/NORMAL VOL) • Divergence status with strength percentage • S/R Distance with Fibonacci levels • Stop Loss (2.0:1 ratio) and Take Profit 1 (1.5:1 ratio) • Multi-Timeframe analysis (M1, M5, M15, M30) • Scalping signals with confidence levels • Current trend with strength percentage • Intelligent trade recommendations Trade Recommendations: • TREND BUY/SELL - All timeframes aligned (High confidence) • SHORT-TERM BUY/SELL - M5 signal only (Medium confidence) • SCALPING BUY/SELL - M5 vs higher timeframes (Low confidence) • WAIT - No clear signal (No confidence) Support/Resistance Analysis: • Fibonacci Levels: 23.6%, 38.2%, 50% retracements • Distance Categories: Very Near (Red), Near (Orange), Medium (Yellow), Far (Green) • ATR-based distance measurement • Real-time proximity alerts Scalping Detection: Specialized signals based on: • High volatility (ATR ratio > 1.5) • Quick price moves (fast momentum) • Volume confirmation (high volume spikes) • RSI extremes (oversold/overbought) Settings: • EMA - Fast (9), Slow (21), Trend (50) • RSI - Length (14), Overbought (70), Oversold (30) • MACD - Fast (12), Slow (26), Signal (9) • Bollinger Bands - Length (20), Multiplier (2.0) • ATR - Length (14) for volatility measurement • Volume Threshold - 1.5x average volume • Divergence - Lookback (3), Threshold (0.5) Best Practices: 🎯 Adapt strategy to detected trading style 📊 Use multi-timeframe analysis for confirmation ⚡ Monitor S/R distances for entry timing 🛡️ Always use calculated Stop Loss levels 🔍 Watch for divergence signals 📈 Follow intelligent trade recommendations Pro Tips: • Table provides all essential information in one place • Trading style detection helps adapt your strategy • S/R distance shows proximity to key levels • Confidence levels indicate signal reliability • Multi-timeframe alignment increases success rate • Scalping signals work best in high volatility Alerts: • Trend Change Alert - "Trend changed across timeframes" • Divergence Alert - "Divergence detected" • Scalping Alert - "Scalping opportunity" • Trade Signal Alert - "Trade recommendation available" Version 2.0 Improvements: • Advanced multi-timeframe analysis (M1, M5, M15, M30) • Intelligent trading style detection • Comprehensive support/resistance analysis • Professional trade recommendations with confidence levels • Scalping detection with specialized signals • Risk management with calculated SL/TP levels • 14-metric comprehensive information table Created with ❤️ for the trading community This indicator is free to use for both commercial and non-commercial purposes.
Pine Script® indicator
by panzmoravy
RSI Momentum Trend MM with Risk Per Trade [MTF]This is a comprehensive and highly customizable trend-following strategy based on RSI momentum. The core logic identifies strong directional moves when the RSI crosses user-defined thresholds, combined with an EMA trend confirmation. It is designed for traders who want granular control over their strategy's parameters, from signal generation to risk management and exit logic. This script evolves a simple concept into a powerful backtesting tool, allowing you to test various money management and trade management theories across different timeframes. Key Features - RSI Momentum Signals: Uses RSI crosses above a "Positive" level or below a "Negative" level to generate trend signals. An EMA filter ensures entries align with the immediate trend. - Multi-Timeframe (MTF) Analysis: The core RSI and EMA signals can be calculated on a higher timeframe (e.g., using 4H signals to trade on a 1H chart) to align trades with the larger trend. This feature helps to reduce noise and improve signal quality. Advanced Money Management - Risk per Trade %: Calculate position size based on a fixed percentage of equity you want to risk per trade. - Full Equity: A more aggressive option to open each position with 100% of the available strategy equity. Flexible Exit Logic: Choose from three distinct exit strategies to match your trading style - Percentage (%) Based: Set a fixed Stop Loss and Take Profit as a percentage of the entry price. - ATR Multiplier: Base your Stop Loss and Take Profit on the Average True Range (ATR), making your exits adaptive to market volatility. - Trend Reversal: A true trend-following mode. A long position is held until an opposite "Negative" signal appears, and a short position is held until a "Positive" signal appears. This allows you to "let your winners run." Backtest Date Range Filter: Easily configure a start and end date to backtest the strategy's performance during specific market periods (e.g., bull markets, bear markets, or high-volatility periods). How to Use RSI Settings - Higher Timeframe: Set the timeframe for signal calculation. This must be higher than your chart's timeframe. - RSI Length, Positive above, Negative below: Configure the core parameters for the RSI signals. Money Management Position Sizing Mode - Choose "Risk per Trade" to use the Risk per Trade (%) input for precise risk control. - Choose "Full Equity" to use 100% of your capital for each trade. - Risk per Trade (%): Define the percentage of your equity to risk on a single trade (only works with the corresponding sizing mode). SL/TP Calculation Mode Select your preferred exit method from the dropdown. The strategy will automatically use the relevant inputs (e.g., % values, ATR Multiplier values, or the trend reversal logic). Backtest Period Settings Use the Start Date and End Date inputs to isolate a specific period for your backtest analysis. License & Disclaimer © waranyu.trkm — MIT License. This script is for educational purposes only and should not be considered financial advice. Trading involves significant risk, and past performance is not indicative of future results. Always conduct your own research and risk assessment before making any trading decisions.
Pine Script® strategy
by waranyutrkm
Gann Fan Strategy [KedarArc Quant]Description A single-concept, rule-based strategy that trades around a programmatic Gann Fan. It anchors to a swing (or a manual point), builds 1×1 and related fan lines numerically, and triggers entries when price interacts with the 1×1 (breakout or bounce). Management is done entirely with the fan structure (next/previous line) plus optional ATR trailing. What TV indicators are used * Pivots: `ta.pivothigh/ta.pivotlow` to confirm swing highs/lows for anchor selection. * ATR: `ta.atr` only to scale the 1×1 slope (optional) and for an optional trailing stop. * EMA: `ta.ema` as a trend filter (e.g., only long above the EMA, short below). No RSI/MACD/Stoch/Heikin/etc. The logic is one coherent framework: Gann price–time geometry, with ATR as a scale and EMA as a risk filter. How it works 1. Anchor * Auto: chooses the most recent *confirmed* pivot (you control Left/Right). * Manual: set a price and bar index and the fan will hold that point (no re-anchoring). * Optional Re-anchor when a newer pivot confirms. 2. 1×1 Slope (numeric, not cosmetic) * ATR mode: `1×1 = ATR(Length) × Multiplier` (adapts to volatility). * Fixed mode: `ticks per bar` (constant slope). Because slope is numeric, it doesn’t change with chart zoom, unlike the drawing tool. 3. Fan Lines Builds classic ratios around the 1×1: 1/8, 1/4, 1/3, 1/2, 1/1, 2/1, 3/1, 4/1, 8/1. 4. Signals * Breakout: cross of price over/under the 1×1 in the EMA-aligned direction. * Bounce (optional): touch + reversal across the 1×1 to reduce whipsaw. 5. Exits & Risk * Take-profit at the next fan line; Stop at the previous fan line. * If a level is missing (right after re-anchor), a fallback Risk-Reward (RR) is used. * Optional ATR trailing stop. Why this is unique * True numeric fan: The 1×1 slope is calculated from ATR or fixed ticks—not from screen geometry—so it is scale-invariant and reproducible across users/timeframes. * Deterministic anchor logic: Uses confirmed pivots (with your L/R settings). No look-ahead; anchors update only when the right bars complete. * Fan-native trade management: Both entries and exits come from the fan structure itself (with a minimal ATR/EMA assist), keeping the method pure. * Two entry archetypes: Breakout for momentum days; Bounce for range days—switchable without changing the core model. * Manual mode: Lock a session’s bias by anchoring to a chosen swing (e.g., day’s first major low/high) and keep the fan constant all day. Inputs (quick guide) * Auto Anchor (Left/Right): pivot sensitivity. Higher values = fewer, stronger anchors. * Re-anchor: refresh to newer pivots as they confirm. * Manual Anchor Price / Bar Index: fixes the fan (turn Auto off). * Scale 1×1 by ATR: on = adaptive; off = use ticks per bar. * ATR Length / ATR Multiplier: controls adaptive slope; start around 14 / 0.25–0.35. * Ticks per bar: exact fixed slope (match a hand-drawn fan by computing slope ÷ mintick). * EMA Trend Filter: e.g., 50–100; trades only in EMA direction. * Use Bounce: require touch + reverse across 1×1 (helps in chop). * TP/SL at fan lines; Fallback RR for missing levels; ATR Trailing Stop optional. * Transparency/Plot EMA: visual preferences. Tips * Range days: larger pivots (L/R 8–12), Bounce ON, ATR Multiplier \~0.30–0.40, EMA 100. * Trend days: L/R 5–6, Breakout, Multiplier \~0.20–0.30, EMA 50, ATR trail 1.0–1.5. * Match the TV Gann Fan drawing: turn ATR scale OFF, set ticks per bar = `(Δprice between anchor and 1×1 target) / (bars) / mintick`. Repainting & testing notes * Pivots require Right bars to confirm; anchors are set after confirmation (no look-ahead). * Signals use the current bar close with TradingView strategy mechanics; real-time vs. bar-close can differ slightly, as with any strategy. * Re-anchoring legitimately moves the structure when new pivots confirm—by design. ⚠️ Disclaimer This script is provided for educational purposes only. Past performance does not guarantee future results. Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Pine Script® strategy
by kedarcquant
Supertrend [TradingConToto]Supertrend — ADX/DI + EMA Gap + Breakout (with Mobile UI) What makes it original Supertrend combines trend strength (ADX/DI), multi-timeframe bias (EMA63 and EMA 200D equivalent), a structural filter based on the distance between EMA2400 and EMA4800 expressed in ATR units, and a momentum confirmation through a previous high breakout. This is not a random mashup — it’s a sequence of filters designed to reduce trades in ranging markets and prioritize mature trends: Direction: +DI > -DI (trend led by buyers). Strength: ADX > mean(ADX) (avoids weak, choppy phases). Short-term bias: Close > EMA63. Long-term bias: Close > EMA4800 ≈ EMA200 daily on H1. Momentum: Close > High (immediate breakout). Structure: (EMA2400 − EMA4800) > k·ATR (ensures separation in ATR units, filters out flat phases). Entries & exits Entry: when all six conditions are met and no open position exists. Exit: if +DI < -DI or Close < EMA63. Visuals: EMA63 is painted green while in position and red otherwise, with a supertrend-style band; “BUY” labels appear below the green band and “SELL” labels above the red band. UI: includes a compact table (mobile-friendly) showing the state of each condition. Default parameters used in this publication Initial capital: 10,000 Position size: 10% of equity (≤10% per trade is considered sustainable). Commission: 0.01% per side (adjust to your broker/market). Slippage: 1 tick Pyramiding: 0 (only one position at a time) Adjust commission/slippage to match your market. For US equities, commissions are often per share; for spot crypto, 0.10–0.20% total is common. I publish with 0.01% per side as a conservative example to avoid overestimating results. Recommended backtest dataset Timeframe: H1 Multi-cycle window (e.g. 2015–today) Symbols with high liquidity (e.g. NASDAQ-100 large caps, or BTC/ETH spot) to generate 100+ trades. Avoid cherry-picked short windows. Why each filter matters +DI > -DI + ADX > mean: reduce counter-trend trades and weak signals. Close > EMA63 + Close > EMA4800: enforce trend alignment in short and long horizons. Breakout High : requires immediate momentum, avoids early entries. EMA gap in ATR units: blocks flat or compressed structures where EMA200D aligns with price. Limitations The breakout filter may skip healthy pullbacks; the design prioritizes continuation over perfect entry price. No fixed trailing stop/TP; exits depend on trend degradation via DI/EMA63. Results vary with real costs (commissions, slippage, funding). Adjust defaults to your broker. How to use Apply it on a clean chart (no other indicators when publishing). Keep in mind the default parameters above; if you change them, mention it in your notes and use the same values in the Strategy Tester. Ensure your dataset produces 100+ trades for statistical validity.
Pine Script® strategy
by toto_scalper_23
1
My script//@version=5 strategy("Algo Bot Starter (EMA+ATR, RR, Webhook)", overlay=true, initial_capital=10000, commission_type=strategy.commission.percent, commission_value=0.02, calc_on_every_tick=false, calc_on_order_fills=true, pyramiding=0, process_orders_on_close=true) //================ Inputs ================ emaFastLen = input.int(20, "EMA Fast", minval=1) emaSlowLen = input.int(50, "EMA Slow", minval=1) atrLen = input.int(14, "ATR Length", minval=1) atrMultSL = input.float(2.0, "SL = ATR x", step=0.1) rr = input.float(1.5, "Risk:Reward (TP = RR x Risk)", step=0.1, minval=0.2) riskPct = input.float(1.0, "Risk % per Trade", step=0.1, minval=0.1, maxval=5) slipPips = input.float(0.0, "Extra buffer (price units)", step=0.0001) sessionFilt = input.session("0000-2400", "Trading Session") useSession = input.bool(false, "Use Session Filter?") closeOnFlip = input.bool(true, "Close & Reverse on signal flip?") useBarClose = input.bool(true, "Signal on Bar Close? (recommended)") //================ Helpers ================ inSess = useSession ? time(timeframe.period, sessionFilt) : true emaFast = ta.ema(close, emaFastLen) emaSlow = ta.ema(close, emaSlowLen) atr = ta.atr(atrLen) // Cross conditions (optionally on bar close) bull = useBarClose ? ta.crossover(emaFast, emaSlow) : ta.cross(emaFast, emaSlow) and (emaFast > emaSlow) bear = useBarClose ? ta.crossunder(emaFast, emaSlow) : ta.cross(emaFast, emaSlow) and (emaFast < emaSlow) //================ Risk & Position Sizing ================ // ملاحظة: TradingView ما يعرف رصيدك الحقيقي، فاعتمدنا على initial_capital أو عدّل أدناه يدويًا equity = strategy.equity riskAmount = equity * (riskPct/100.0) // سنحسب الكمية حسب المسافة إلى وقف الخسارة بالوحدات السعرية (تقريب عام) calcQty(entryPrice, slPrice) => riskPerUnit = math.abs(entryPrice - slPrice) riskPerUnit := risk
Pine Script® indicator
by nabilalsharji
BE-Fib Channel 2 Sided Trading█ Overview: "BE-Fib Channel 2 Sided Trading" indicator is built with the thought of 2 profound setups named "Cup & Handle (C&H)" and "Fibonacci Channel Trading (FCT)" with the context of "day trading" or with a minimum holding period. █ Similarities, Day Trading Context & Error Patterns: While the known fact is that both C&H and FCT provide setups with lesser risk with bigger returns, they both share the similar "Base Pattern". Note: Inverse of the above Image shall switch the setups between long vs short. Since the indicator is designed for smaller time-frame candles, there may be instances where the "base pattern" does not visually resemble a Cup &amp; Handle (C&H) pattern. However, patterns are validated using pivot points. The points labeled "A" and "C" can be equal or slightly slanted. Settings of the Indicator allows traders a flexibility to control the angle of these points to spot the strategies according to set conditions. Therefore, understanding the nuances of these patterns is crucial for effective decision-making. █ 2 Sided Edge: FCT suggests to take trade closer to the yellow line to get better RR ratio. this leaves a small chance of doubt as to; what if price is intended to break the Yellow line thereby activating the C&H. Wait for the confirmation is a Big FOMO with a compromised RR. Hence, This indicator is designed to handle both the patterns based on the strength, FIFO and pattern occurring delay. █ How to Use this Indicator: Step 1: Enable the Show Sample Sensitivity option to understand the angle of yellow line shown in the sample image. By enabling this option, On the last bar you shall see 4 lines being plotted depicting the max angle which is acceptable for both long and short trades. Note: Angle can be controlled via setting "Sensitivity". Higher Sensitivity --> Higher Setup identification --> can lead to failed setups due to 2 sided trading. Lower Sensitivity --> Lower Setup identification --> can increase the changes of being right. Step 2: Adjust the look back & look forward periods which shall be used for identifying patterns. Note: Smaller values can lead to more setups being identified but can hamper the performance of the indicator while increasing the chances of failures. larger values identifies more significant setup but leads to more waiting period thereby compromising on the RR. Step 3: Adjust the Base Range. Note: Smaller values can lead to more setups being identified but can hamper the performance of the indicator while increasing the chances of failures. larger values identifies more significant setup but leads to more Risk on play. Step 4: set the Entry level for FCT & Set the SL for Both FCT & C&H and Target Reward ratio for C&H. █ Features of Indicator & How it works: 1. Patterns are being identified using Pivot Points method. 2. Tracks & validates both the setups simultaneously on every candle and traded one at a time based on FIFO, New setups found in-between, Defined Entry Levels while on wait for the other pattern to get activated. 3. Alerts added for trade events. 4. FCT setups are generally traded with trailed SL level and increasing Target level on every completed bar. while C&H has the standard SL & TP level with no Trail SL option. DISCLAIMER: No sharing, copying, reselling, modifying, or any other forms of use are authorized for our documents, script / strategy, and the information published with them. This informational planning script / strategy is strictly for individual use and educational purposes only. This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement. I am not responsible for any losses you may incur. Please invest wisely. Happy to receive suggestions and feedback in order to improve the performance of the indicator better.
Pine Script® indicator
by TradeWiseWithEase
News Volatility Bracketing StrategyThis is a news-volatility bracketing strategy. Five seconds before a scheduled release, the strategy brackets price with a buy-stop above and a sell-stop below (OCO), then converts the untouched side into nothing while the filled side runs with a 1:1 TP/SL set the same distance from entry. Distances are configurable in USD or %, so it scales to the instrument and can run on 1-second data (or higher TF with bar-magnifier). The edge it’s trying to capture is the immediate, one-directional burst and liquidity vacuum that often follows market-moving news—entering on momentum rather than predicting direction. Primary risks are slippage/spread widening and whipsaws right after the print, which can trigger an entry then snap back to the stop.
Pine Script® strategy
by mashinator347
Maiko Range Scalper (Sideways BB + RSI) – v4 cleanPurpose It’s a range scalping strategy for crypto. It tries to take small, repeatable trades inside a sideways market: buy near the bottom of the range, sell near the middle/top (and the reverse for shorts). Core idea (two timeframes) Define the trading range on a higher timeframe (HTF) You choose the HTF (e.g., 15m or 1h). The script finds the highest high and lowest low over a lookback window (e.g., last 96 HTF candles) → these become HTF Resistance and HTF Support. It also calculates the midline (average of support/resistance). Trade signals on your lower timeframe (LTF) You run the strategy on a fast chart (e.g., 1m or 5m). Entries are only allowed inside the HTF range. Entry logic (mean reversion) Indicators on the LTF: Bollinger Bands (length & std dev configurable). RSI (length & thresholds configurable). Optional VWAP proximity filter (price must be within X% of VWAP). Long setup: Price touches/under-cuts the lower Bollinger band AND RSI ≤ threshold (default 30) AND price is inside the HTF range (and passes VWAP filter if enabled). Short setup: Price touches/exceeds the upper Bollinger band AND RSI ≥ threshold (default 70) AND price is inside the HTF range (and passes VWAP filter if enabled). Exits and risk Stop-loss: placed just outside the HTF range with a configurable buffer %: Long SL = HTF Support × (1 − buffer). Short SL = HTF Resistance × (1 + buffer). Take-profit (selectable): Mid band (the Bollinger basis) → conservative, faster exits. Opposite band / HTF boundary → more aggressive, higher RR but more give-backs. Position sizing A simple cap: maximum position size = percent of account equity (e.g., 20%). The script calculates quantity from that cap and current price. Plots you’ll see on the chart HTF Resistance (red) and HTF Support (green) via plot(). HTF Midline (gray dashed) drawn with a line.new() object (because plot() cannot do dashed). Bollinger basis/upper/lower on the LTF. Optional VWAP line (only shown if you enable the filter). Signal markers (green triangle up for Long setups, red triangle down for Short setups). Alerts Two alertconditions: “Long Setup” – when a long entry condition appears. “Short Setup” – when a short entry condition appears. Create alerts from these to get notified in real time. How to use it (quick start) Add to a 1m or 5m chart of a liquid coin (BTC, ETH, SOL). Set HTF timeframe (start with 1h) and lookback (e.g., 96 = ~4 days on 1h). Keep default Bollinger/RSI first; tune later. Choose TP mode: “Mid band” for quick scalps. “Opposite band/Range” if the range is very clean and you want bigger targets. Set SL buffer (0.15–0.30% is common; adjust for volatility). Set Max position % to control size (e.g., 20%). (Optional) Enable VWAP filter to skip stretched moves. When it works best Clearly sideways markets with visible support/resistance on the HTF. High-liquidity pairs where spreads/fees are small relative to your scalp target. Limitations & safety notes True breakouts will invalidate mean-reversion logic—your SL outside the range is there to cut losses fast. Fees can eat into small scalps—prefer limit orders, rebates, and liquid pairs. Backtest results vary by exchange data; always forward-test on small size. If you want, I can: Add an ATR-based stop/target option. Provide a study-only version (signals/alerts, no trading engine). Pre-set risk to your €5,000 plan (e.g., ~0.5% max loss/trade) with calculated qty.
Pine Script® strategy
by MaikoWillemsen
EMA inFusion Pro - Multiple SourcesEMA Fusion Pro: Dynamic Trend & Momentum Strategy with Three Exit Modes EMA Fusion Pro is a highly customizable, multi-exit trend-following strategy designed for traders who value both precision and flexibility. By leveraging exponential moving averages (EMA), average directional index (ADX), and volume analysis, this strategy aims to capture trending market moves while offering three distinct exit modes for optimal risk management across varying market conditions. Strategy Overview This strategy systematically identifies potential entry points using a moving average crossover with highly configurable data sources (including price, volume, rate of change, or their Heikin Ashi versions) and filters signal quality with ADX trend strength and volume spikes. Each trade is managed with one of three advanced exit methodologies—reverse signal, ATR-based stop/take profit, or fixed percentage—giving you the control to adapt your risk profile to different market regimes. Key Features Customizable EMA Source: Calculate the core trend-filtering EMA from price (default), volume, rate of change, or their Heikin Ashi counterparts for unique market perspectives. Trend Filter with ADX: Confirm entries only when the trend is strong, as measured by the user-adjustable ADX threshold. Volume Spike Confirmation: Optional filter to only take trades with above-average volume activity, reducing false signals. Three Exit Modes: Reverse Signal: Exit trades when a new, opposite entry signal occurs. ATR-Based Stop/Take Profit: Dynamic risk management using multiples of the average true range (ATR) for both take profit and stop loss. Percent-Based Stop/Take Profit: Fixed-percentage risk management with user-defined thresholds. Visual Annotations: Signal markers, EMA line color-coded by source, trend background coloring, and optional ATR/percent-based TP/SL levels. Info Panel: Real-time display of all core indicators, current trading mode, exit parameters, and position status for quick oversight. How It Works Entry Logic: A crossover signal (above/below the EMA) triggers a new entry, but only if both ADX trend strength and (optionally) volume spike conditions are met. Exit Logic: Three selectable modes allow you to exit trades on reverse signals, at a dynamic ATR-based profit or loss, or at a fixed percentage gain/loss. Flexible Data Analysis: The EMA source can be chosen from six options—standard price, volume, rate of change, or their Heikin Ashi variants—allowing experimentation with different market dimensions. Risk Management: All exits are precisely controlled, either by the next opposing signal, by volatility-adjusted levels, or by fixed risk/reward ratios. Backtest & Optimization: The strategy is fully backtestable within TradingView’s Strategy Tester, with adjustable parameters for optimization. Customization & Usage Indicator Source: Select your preferred data type for EMA calculation, opening the door to creative strategy variations (e.g., volume momentum, pure price trend, rate of change divergence). Filter Toggles: Enable/disable ADX and volume filters as desired—useful for different market environments. Exit Mode Selection: Switch between reverse, ATR, or percent-based exits with a single parameter—ideal for adapting to ranging vs. trending markets. Visual Clarity: The EMA line color reflects its underlying source, and the info panel summarizes all critical values for easy monitoring. Who Should Use This Strategy? Trend Followers seeking to ride strong moves with multiple exit options. Experienced Traders who want to experiment with different data types (volume, momentum, Heikin Ashi) for trend analysis. Algorithmic Traders looking for a robust, flexible base to build upon with their own ideas. Getting Started Apply the script to your chart and review default settings. Customize parameters—EMA length, ADX threshold, volume settings, exit type—as desired. Backtest on multiple instruments and timeframes to evaluate performance. Optimize filters, exit rules, and risk parameters for your preferred trading style. Monitor with the real-time info panel and trade alerts. Disclaimer This script is for educational and entertainment purposes only. It is not financial advice. Past performance is not indicative of future results. Always conduct thorough testing and consider your risk tolerance before trading real capital. — Happy Trading — Feel free to adapt, share, and contribute to this open-source strategy!
Pine Script® strategy
by fenyesk
1
ATR SL/TPStop Loss Finder ATR A Stop Loss Finder ATR indicator is a dynamic risk management tool leveraging the Average True Range (ATR) to identify and track optimal stop-loss levels based on current market volatility. A stop hunt indicator is a technical tool designed to identify potential instances where large market participants, often referred to as "smart money," deliberately move the price to trigger a large number of stop-loss orders, creating a temporary price distortion before reversing the trend. These indicators aim to help traders detect these events to either avoid being stopped out or to enter trades in the direction of the anticipated reversal. For example, a long wick below support with high volume may signal a bullish stop-hunt , indicating that the price has been driven down to trigger sell-stop orders before reversing upward. Conversely, a long wick above resistance with high volume may signal a bearish stop-hunt , suggesting the price was pushed up to trigger buy-stop orders before reversing downward. The presence of such wicks is often associated with candlestick patterns like hammers or shooting stars. Unlike fixed stop-losses, this indicator adapts its distance from the current price using a customizable ATR multiplier, ensuring that stop-loss levels are neither too tight (prone to being triggered by normal market noise) nor too wide (exposing capital to excessive risk) . The core function calculates the true range—considering the current high-low range, gaps up, and gaps down—over a user-defined period (typically 14 bars), then applies a multiplier to generate a volatility-adjusted stop-loss distance . This approach allows the indicator to dynamically widen stops during high-volatility periods and tighten them during calm markets, providing a more responsive and context-aware exit strategy.
Pine Script® indicator
by poor_dev
1
Simple MADSimple MAD is a lightweight and customizable indicator that calculates the Median Absolute Deviation (MAD) over a configurable period to measure market volatility. It dynamically displays Stop-Loss (SL) and Take-Profit (TP) levels based on MAD multipliers, both in absolute price and percentage terms. The indicator includes a clean, watermark-style table with full layout controls — allowing you to adjust position, text size, alignment, and colors. It supports both manual entry price and automatic use of the latest close, making it ideal for traders who want to manage risk with precision and clarity. Perfect for swing traders, volatility-based strategies, and anyone looking to integrate MAD into their decision-making.
Pine Script® indicator
by danny_dahan
Third Eye ORB Pro (0915-0930 IST, no-plot)Third Eye ORB Pro (Opening Range Breakout + Range Mode) This indicator is designed specifically for Indian stocks and indices (NIFTY, BANKNIFTY, FINNIFTY, MIDCAP, etc.) to track the Opening Range (09:15–09:30 IST) and generate actionable intraday trade signals. It combines two key modes — Range Mode (mean reversion inside the opening range) and Breakout Mode (momentum trading beyond the range). 1. Opening Range Framework (09:15–09:30 IST) The indicator automatically plots the Opening Range High (ORH) and Opening Range Low (ORL) after the first 15 minutes of market open. The area between ORH and ORL acts as the intraday battlefield where most price action occurs (historically ~70–80% of the day is spent inside this zone). A shaded box and horizontal lines mark this range, serving as a visual reference for support and resistance throughout the day. 2. Range Mode (Mean Reversion Inside OR) When price trades inside the Opening Range, the indicator looks for edge rejections to capture range-bound trades. Range BUY (RB): Triggered near ORL when a bullish rejection candle forms (strong body + long lower wick). Range SELL (RS): Triggered near ORH when a bearish rejection candle forms (strong body + long upper wick). Optional filters (toggleable in settings): RSI Filter: Only allow range buys if RSI is oversold (≤45) and range sells if RSI is overbought (≥55). VWAP Filter: Only allow range trades if price is not too far from VWAP (distance ≤ X% of OR size). Labels show suggested Stop Loss (just outside the OR band) and Target (midline/VWAP). Cooldown logic prevents consecutive whipsaw signals. 3. Breakout Mode (Directional Moves Beyond OR) When price closes strongly outside the ORH/ORL with momentum, the indicator confirms a breakout/breakdown trade. Buffers are applied to avoid false breakouts: ATR Buffer: Price must extend at least ATR × multiplier beyond the range edge. % Buffer: Price must extend at least a percentage of OR size (default 10%). Confirmation Filters: Candle must have a strong body (≥60% of total bar range). Optional “two closes” rule: price must close outside the range for 2 consecutive candles. BUY BO: Trigger when price closes above ORH + buffer with momentum. SELL BD: Trigger when price closes below ORL – buffer with momentum. Labels and alerts are plotted for quick action. 4. Practical Usage Works best on 5-minute charts for intraday trading. Designed to help traders capture both: Range-bound moves during the day (mean reversion plays). Strong directional breakouts when institutions push price beyond the opening range. Particularly effective on expiry days, trending sessions, and major news days when breakouts are more likely. On sideways days, Range Mode provides reliable scalp opportunities at the OR edges. 5. Features Auto-plots Opening Range High, Low, Midline. Box + line visuals (no repainting). Buy/Sell labels for both Range Mode and Breakout Mode. Customizable buffers (ATR, % of range) to suit volatility. Alerts for all signals (breakouts and range plays). Built with risk management in mind (suggested SL and TP shown on chart).
Pine Script® indicator
by Spoiltbrat
XAUUSD Lot Size Calculator + RSI (Yoothobbiz)This indicator is designed for Gold traders on the 5-minute timeframe (M5) who want a clear and editable lot size, stop loss, and take profit calculator directly on their chart. ✨ Features: 📌 Dynamic Lot Size Calculation – based on account capital, chosen risk %, and stop loss distance. ⚖️ Risk/Reward Management – automatically displays TP level using a customizable risk/reward ratio (e.g., 1:2, 1:3, etc.). 🛑 Stop Loss in Points & Price – calculates SL from recent M5 highs/lows, including spread. 🎯 Take Profit in Price & Points – automatically adjusted to your risk/reward ratio. 💵 Risk in USD – instantly shows how much capital is at risk per trade. 🕒 Custom Time Zone Support – displays the real trading time (default UTC-4 for New York), fully editable for any user. ⏱ Timeframe Label – clearly shows the working timeframe (M5 by default). 🎨 Fully Editable Display Panel: Position (6 corners available). Font family, size, style (bold/italic). Text and background colors. Adjustable spacing between lines. 🔑 How to Use: Set your capital and risk % in the settings. Adjust spread (in points) if needed. Choose your risk/reward ratio. The panel will display: Recommended lot size for XAUUSD Stop loss (price + points) Take profit (price + ratio) Risk in $ Timeframe & real-time clock 📍 Notes: Optimized for XAUUSD (Gold) and the 5M timeframe. Works on any asset/timeframe, but SL logic is based on M5 candle highs/lows. Ideal for traders who want a fast and disciplined risk management tool right on their chart.
Pine Script® indicator
by YootTrader
1
FlowFusion Money Flow — FP + VWAP Drift + PVT (−100..+100)Title (ASCII only) FlowFusion Money Flow — Flow Pressure + Rolling VWAP Drift + PVT (Normalized −100..+100) Short Description Original money-flow oscillator combining Flow Pressure, Rolling VWAP Drift, and PVT Momentum into one normalized score (−100..+100) with a signal line, thresholds, optional component plots, and ready-made alerts. Full Description (meets “originality & usefulness”) What’s original FlowFusion Money Flow is not a generic mashup. It builds a single score from three complementary, volume-aware components that target different facets of order flow: Flow Pressure (FP) — In-bar directional drive scaled by relative volume. Drive = close − open max ⁡ ( high − low ,  tick ) ∈ = max(high−low, tick) close−open ​ ∈ . Relative Volume = volume average volume over  𝑓 𝑝 𝐿 𝑒 𝑛 = average volume over fpLen volume ​ . 𝐹 𝑃 𝑟 𝑎 𝑤 = Drive × RelVol FP raw ​ =Drive×RelVol then squashed (softsign) to . Why it belongs: distinguishes real pushes (big body and big volume) from noise. Rolling VWAP Drift — Direction of VWAP itself over a rolling window, normalized by ATR. 𝑉 𝑊 𝐴 𝑃 𝑡 = ∑ ( 𝑇 𝑃 × 𝑉 𝑜 𝑙 ) ∑ 𝑉 𝑜 𝑙 VWAP t ​ = ∑Vol ∑(TP×Vol) ​ over vwapLen. Drift = 𝑉 𝑊 𝐴 𝑃 𝑡 − 𝑉 𝑊 𝐴 𝑃 𝑡 − 1 𝐴 𝑇 𝑅 = ATR VWAP t ​ −VWAP t−1 ​ ​ → squashed to . Why it belongs: persistent VWAP movement signals sustained accumulation/distribution. PVT Momentum — Price-Volume Trend standardized (z-score) and squashed. 𝑃 𝑉 𝑇 𝑡 = 𝑃 𝑉 𝑇 𝑡 − 1 + 𝑉 𝑜 𝑙 × Δ 𝐶 𝑙 𝑜 𝑠 𝑒 𝐶 𝑙 𝑜 𝑠 𝑒 𝑡 − 1 PVT t ​ =PVT t−1 ​ +Vol× Close t−1 ​ ΔClose ​ . 𝑧 = 𝑃 𝑉 𝑇 − SMA ( 𝑃 𝑉 𝑇 ) StDev ( 𝑃 𝑉 𝑇 ) z= StDev(PVT) PVT−SMA(PVT) ​ → squashed to . Why it belongs: captures volume-weighted trend pressure without relying on price alone. Composite score: Score = 𝑤 𝐹 𝑃 ⋅ 𝐹 𝑃 + 𝑤 𝑉 𝑊 𝐴 𝑃 ⋅ 𝑉 𝑊 𝐴 𝑃 _ 𝐷 𝑟 𝑖 𝑓 𝑡 + 𝑤 𝑃 𝑉 𝑇 ⋅ 𝑃 𝑉 𝑇 _ 𝑀 𝑜 𝑚 𝑤 𝐹 𝑃 + 𝑤 𝑉 𝑊 𝐴 𝑃 + 𝑤 𝑃 𝑉 𝑇 Score= w FP ​ +w VWAP ​ +w PVT ​ w FP ​ ⋅FP+w VWAP ​ ⋅VWAP_Drift+w PVT ​ ⋅PVT_Mom ​ with a Signal = SMA(Score, sigLen). Thresholds mark strong accumulation/distribution zones. How it works (step-by-step) Compute FP, VWAP Drift, PVT Momentum. Normalize each to the same scale. Weighted average → FlowFusion Score. Smooth with a Signal line to reduce whipsaw. Optional background shading when Score exceeds thresholds. How to use Direction filter: Score > 0 favors longs; Score < 0 favors shorts. Momentum turns: Score crosses above Signal → setup for long; below → setup for short. Strength zones: Above Upper Threshold (default +40) = strong buy pressure; below Lower (−40) = strong sell pressure. Confluence: Best near S/R, trendlines, or HTF bias. For scalping on 1–5m, consider sigLen 9–13 and thresholds ±40 to ±50. Alerts included: zero cross, zone entries, and Score/Signal crossovers. Inputs (key) fpLen (20): relative-volume lookback for Flow Pressure. vwapLen (34): rolling VWAP window. pvtLen (50): PVT z-score window. sigLen (9): Signal smoothing. Weights: wFP, wVWAP, wPVT to bias the blend. Thresholds: upperBand / lowerBand (defaults +40/−40). Display: toggle component plots and background shading. Best practices Trending markets: increase wVWAP (VWAP Drift) or widen thresholds. Ranging markets: increase wFP and wPVT; take quicker profits. News: wait for bar close confirmation or reduce size. Data quality: use consistent volume feeds (especially in crypto). Limitations Oscillators can stay extreme in strong trends; use structure/trend filters. Volume anomalies (illiquid pairs, API glitches) can distort signals—sanity-check with another venue when possible. Disclaimer This indicator is for educational purposes only and is not financial advice. Trading involves risk; past performance does not guarantee future results. Always paper-trade first and use appropriate risk controls.
Pine Script® indicator
by fts4sure
Follow-up Buy / Sell Volume Pressure at Supply / Demand Zones█ Overview: BE-Volume Footprint & Pressure Candles, is an indicator which is preliminarily designed to analyze the supply and demand patterns based on Rally Base Rally (RBR), Drop Base Drop (DBD), Drop Base Rally (DBR) & Rally Base Drop (RBD) concepts in conjunction to volume pressure. Understanding these concepts are crucial. Let's break down why the "Base" is you Best friend in this context. Commonness in RBR, DBD, DBR, RBD patterns ? There is an impulse price movement at first, be it rally (price moving up) or the Drop (price moving down), followed by a period of consolidation which is referred as "BASE" and later with another impulse move of price (Rally or Drop). Why is the Base Important 1. Market Balance: Base represents a balance between buyers and sellers. This is where decisions are made. 2. Confirmation: It confirms the strength of previous impulse move which has happened. Base & the Liquidity Play: Supply & Demand Zone predict the presence of all large orders within the limits of the Base Zone. Price is expected to return to the zone to fill the unfilled orders placed by large players. For the price to move in the intended direction Liquidity plays the major role. hence indicator aims to help traders in identifying those zones where liquidity exists and the volume pressure helps in confirming that liquidity is making its play. Bottom pane in the below snapshots is a visual representation of Buyers volume pressure (Green Line & the Green filled area) making the price move upwards vs Sellers volume pressure (Red Line & the Red filled area) making the price move downwards. Top pane in the below snapshots is a visual representation on the pattern identification (Blue marked zone & the Blue line referred as Liquidity level) Bullish Pressure On Buy Liquidity: Bearish Pressure On Sell Liquidity: █ How It Works: 1. Indicator computes technical & mathematical operations such as ATR, delta of Highs & Lows of the candle and Candle ranges to identify the patterns and marks the liquidity lines accordingly. 2. Indicator then waits for price to return to the liquidity levels and checks if Directional volume pressure to flow-in while the prices hover near the Liquidity zones. 3. Once the Volume pressure is evident, loop in to the ride. █ When It wont Work: When there no sufficient Liquidity or sustained Opposite volume pressure, trades are expected to fail. █ Limitations: Works only on the scripts which has volume info. Relays on LTF candles to determine intra-bar volumes. Hence, Use on TF greater than 1 min and lesser than 15 min. █ Indicator Features: 1. StrictEntries: employs' tighter rules (rather most significant setups) on the directional volume pressure applied for the price to move. If unchecked, liberal rules applied on the directional volume pressure leading to more setups being identified. 2. Setup Confirmation period: Indicates Waiting period to analyze the directional volume pressure. Early (lesser wait period) is Risky and Late (longer wait period) is too late for the ride. Find the quant based on the accuracy of the setup provided in the bottom right table. 3. Algo Enabled with Place Holders: Indicator is equipped with algo alerts, supported with necessary placeholders to trade any instrument like stock, options etc. Accepted PlaceHolders (Case Sensitive!!) 1. {{ticker}}-->InstrumentName 2. {{datetime}}-->Date & Time Of Order Placement 3. {{close}}-->LTP Price of Script 4. {{TD}}-->Current Level: Note: Negative Numbers for Short Setup 5. {{EN}} {{SL}} {{TGT}} {{T1}} {{T2}} --> Trade Levels 6. {{Qty}} {{Qty*x}} --> Qty -> Trade Qty mapped in Settings. Replace x with actual number of your choice for the multiplier 7. {{BS}}-->Based on the Direction of Trade Output shall be with B or S (B == Long Trade & S == Short Trade) 8. {{BUYSELL}}-->Based on the Direction of Trade Output shall be with BUY or SELL (BUY == Long Trade & SELL == Short Trade) 9. {{IBUYSELL}}-->Based on the Direction of Trade Output shall be with BUY or SELL (BUY == SHORT Trade & SELL == LONG Trade) Dynamic Alerts: 10. { {100R0} }-->Dynamic Place Holder 100 Refers to Strike Difference and Zero refers to ATM 11. { {100R-1} }-->Dynamic Place Holder 100 Refers to Strike Difference and -1 refers to ATM - 100 strike 12. { {50R2} }-->Dynamic Place Holder 50 Refers to Strike Difference and 2 refers to ATM + (2 * 50 = 100) strike 13. { {"ddMMyy", 0} }-->Dynamically Picks today date in the specified format. 14. { {"ddMMyy", n} }-->replace n with actual number of your choice to Pick date post today date in the specified format. 15. { {"ddMMyy", "MON"} }-->dynamically pick Monday date (coming Monday, if today is not Monday) Note. for the 2nd Param-->you can choose to specify either Number OR any letter from => 16. {{CEPE}} {{ICEPE}} {{CP}} {{ICP}} -> Dynamic Option Side CE or C refers to Calls and PE or P refers to Puts. If "I" is used in PlaceHolder text, On long entries PUTs shall be used Indicator is equipped with customizable Trade & Risk management settings like multiple Take profit levels, Trailing SL.
Pine Script® indicator
by TradeWiseWithEase
Apex Edge - London Open Session# Apex Edge - London Open Session Trading System ## Overview The London Open Session indicator captures institutional price action during the first hour of the London forex session (8:00-9:00 AM GMT) and identifies high-probability breakout and retest opportunities. This system tracks the session's high/low range and generates precise entry signals when price breaks or retests these key institutional levels. ## Core Strategy **Session Tracking**: Automatically identifies and marks the London Open session boundaries, creating a trading zone from the first hour's price range. **Dual Entry Logic**: - **Breakout Entries**: Triggers when price closes beyond the session high/low and continues in that direction - **Retest Entries**: Activates when price returns to test the broken level as new support/resistance **Performance Analytics**: Built-in win rate tracking displays real-time performance statistics over user-defined lookback periods, enabling data-driven optimization for each currency pair. ## Key Features ### Automated Zone Detection - Precise London session timing with timezone offset controls - Visual session boundaries with customizable colours - Automatic high/low range calculation and display ### Smart Entry System - Breakout confirmation requiring candle close beyond zone - Retest detection with configurable pip distance tolerance - Separate risk/reward ratios for breakout vs retest entries - Visual entry arrows with clear trade direction labels ### Performance HUD - Real-time win rate calculation over customizable periods (7-365 days) - Total trades tracking with win/loss breakdown - Average risk-reward ratio display - Color-coded performance metrics (green >70%, yellow >50%, red <50%) ### PineConnector Integration - Direct MT4/MT5 execution via PineConnector alerts - Proper forex pip calculations for all currency pairs - Customizable risk percentage per trade - Symbol override capability for broker compatibility - Automatic SL/TP level calculation in pips ## Critical Usage Requirements ### Pair-Specific Optimization Each currency pair requires individual optimization due to varying volatility characteristics, institutional participation levels, and typical price ranges during London hours. The performance HUD is essential for identifying optimal settings before live trading. **Recommended Testing Process**: 1. Apply indicator to desired currency pair and timeframe 2. Experiment with session timing - while 8:00-9:00 AM GMT is standard, some pairs may show improved performance with alternative hourly windows (e.g., 7:00-8:00 AM or 9:00-10:00 AM) 3. Adjust Stop Loss distances, Risk/Reward ratios, and Retest distances 4. Monitor win rate over 30+ day periods using the performance HUD 5. Only proceed with live alerts once consistent 60%+ win rates are achieved 6. Create separate optimized chart setups for each profitable pair/timeframe combination ### Timeframe Specifications This indicator is specifically designed and tested for: - **1-minute charts**: Optimal for capturing immediate institutional reactions - **5-minute charts**: Balanced approach between noise reduction and opportunity frequency Higher timeframes generally produce inferior results due to increased noise and reduced institutional edge during the London session window. ## Settings Configuration ### Session Timing - **London Open/Close Hours**: Adjust for your chart's timezone - **Rectangle End Time**: Set to 4:30 PM to stop signals before NY session close - **Timezone Offset**: Ensure accurate London session capture ### Entry Parameters - **Retest Distance**: 3-8 pips depending on pair volatility - **Stop Loss Pips**: Separate settings for breakouts (10-15 pips) and retests (8-12 pips) - **Risk/Reward Ratios**: Independent ratios for different entry types ### PineConnector Setup - **License ID**: Your PineConnector license key - **Symbol Override**: MT4/MT5 symbol names if different from TradingView - **Risk Percentage**: Position size as percentage of account balance - **Prefix/Comment**: Organize trades in terminal ## Manual Trading Limitations Without PineConnector automation, traders face significant practical challenges: **Settings Management**: Each currency pair requires different optimized parameters. Switching between charts means manually adjusting multiple settings each time, creating potential for errors and missed opportunities. **Timing Sensitivity**: London Open signals can occur rapidly during high-volatility periods. Manual execution may result in slippage or missed entries. **Multi-Pair Monitoring**: Tracking 4-11 currency pairs simultaneously while manually adjusting settings for each switch becomes impractical for most traders. **Parameter Consistency**: Risk of using suboptimal settings when quickly switching between pairs, potentially compromising the careful optimization work. ## Recommended Workflow 1. **Historical Testing**: Use win rate HUD to identify profitable pairs and optimal parameters 2. **Demo Automation**: Test PineConnector alerts on demo accounts with optimized settings 3. **Live Implementation**: Deploy alerts only on proven profitable pair/timeframe combinations 4. **Ongoing Monitoring**: Regular review of performance metrics to maintain edge ## Risk Disclaimer This indicator provides analysis tools and automation capabilities but does not guarantee profitable trading outcomes. Past performance does not predict future results. Users should thoroughly backtest and demo trade before risking live capital. The London session strategy works best during specific market conditions and may underperform during low volatility or unusual market environments. ## Support Requirements Successful implementation requires: - Basic understanding of London session market dynamics - PineConnector subscription for automation features - Patience for proper optimization process - Realistic expectations about win rates and drawdown periods This system is designed for serious traders willing to invest time in proper optimization and risk management rather than plug-and-play solutions.
Pine Script® indicator
by ApexEdge
2
MACD StrategyOverview The "MACD Strategy" is a straightforward trading strategy tested for BTCUSDT Futures on the 1-minute timeframe, leveraging the Moving Average Convergence Divergence (MACD) indicator to identify momentum-based buy and sell opportunities. Developed with input from expert trading analyst insights, this strategy combines technical precision with risk management, making it suitable for traders of all levels on platforms like TradingView. It focuses on capturing trend reversals and momentum shifts, with clear visual cues and automated alerts for seamless integration with trading bots (e.g., Bitget webhooks). #### How It Works This strategy uses the MACD indicator to generate trading signals based on momentum and trend direction: - **Buy Signal**: Triggered when the MACD line crosses above the signal line, and the MACD histogram turns positive (above zero). This suggests increasing bullish momentum. - **Sell Signal**: Triggered when the MACD line crosses below the signal line, and the MACD histogram turns negative (below zero), indicating growing bearish momentum. Once a signal is detected, the strategy opens a position (long for buy, short for sell) with a position size calculated based on your risk tolerance. It includes a stop-loss to limit losses and a take-profit to lock in gains, both dynamically adjusted using the Average True Range (ATR) for adaptability to market volatility. #### Key Features - **MACD-Based Signals**: Relies solely on MACD for entry points, plotted in a separate pane for clear momentum analysis. - **Risk Management**: Automatically calculates position size based on a percentage of your account balance and sets stop-loss and take-profit levels using ATR multipliers and a risk:reward ratio. - **Visual Feedback**: Plots entry, stop-loss, and take-profit lines on the chart with labeled markers for easy tracking. - **Alerts**: Includes Bitget webhook-compatible alerts for automated trading, notifying you of buy and sell signals in real-time. #### Input Parameters - **Account Balance**: Default 10000 – Set your initial trading capital to determine position sizing. - **MACD Fast Length**: Default 12 – The short-term EMA period for MACD sensitivity. - **MACD Slow Length**: Default 26 – The long-term EMA period for MACD calculation. - **MACD Signal Length**: Default 9 – The smoothing period for the signal line. - **Risk Per Trade (%)**: Default 3.0 – The percentage of your account balance risked per trade (e.g., 3% of 10000 = 300). - **Risk:Reward Ratio**: Default 3.0 – The ratio of potential profit to risk (e.g., 3:1 means risking 1 to gain 3). - **SL Multiplier**: Default 1.0 – Multiplies ATR to set the stop-loss distance (e.g., 1.0 x ATR). - **TP Multiplier**: Default 3.0 – Multiplies ATR to set the take-profit distance, adjusted by the risk:reward ratio. - **Line Length (bars)**: Default 25 – Duration in bars for displaying trade lines on the chart. - **Label Position**: Default 'left' – Position of text labels (left or right) relative to trade lines. - **ATR Period**: Default 14 – The number of periods for calculating ATR to measure volatility. #### How to Use 1. **Add to Chart**: Load the "MACD Strategy" as a strategy and the "MACD Indicator" as a separate indicator on your TradingView chart (recommended for BTCUSDT Futures on the 1-minute timeframe). 2. **Customize Settings**: Adjust the input parameters based on your risk tolerance and market conditions. For BTCUSDT Futures, consider reducing `Risk Per Trade (%)` during high volatility (e.g., 1%) or increasing `SL Multiplier` for wider stops. 3. **Visual Analysis**: Watch the main chart for trade entry lines (green for buy, red for sell), stop-loss (red), and take-profit (green) lines with labels. Use the MACD pane below to confirm momentum shifts. 4. **Set Alerts**: Create alerts in TradingView for "Buy Signal" and "Sell Signal" to automate trades via Bitget webhooks. 5. **Backtest and Optimize**: Test the strategy on historical BTCUSDT Futures 1-minute data to fine-tune parameters. The short timeframe requires quick execution, so monitor closely for slippage or latency. #### Tips for Success - **Market Conditions**: This strategy performs best in trending markets on the 1-minute timeframe. Avoid choppy conditions where MACD crossovers may produce false signals. - **Risk Management**: Start with the default 3% risk per trade and adjust downward (e.g., 1%) during volatile periods like BTCUSDT news events. The 3:1 risk:reward ratio targets consistent profitability. - **Timeframe**: Optimized for 1-minute charts; switch to 5-minute or 15-minute for less noise if needed. - **Confirmation**: Cross-check MACD signals with price action or support/resistance levels for higher accuracy on BTCUSDT Futures. #### Limitations - This strategy relies solely on MACD, so it may lag in fast-moving or sideways markets. Consider adding a secondary filter (e.g., RSI) if needed. - Stop-loss and take-profit are ATR-based and may need adjustment for BTCUSDT Futures’ high volatility, especially during leverage trading. #### Conclusion The "MACD Strategy" offers a simple yet effective way to trade momentum shifts using the MACD indicator, tested for BTCUSDT Futures on the 1-minute timeframe, with robust risk management and visual tools. Whether you’re scalping crypto futures or exploring short-term trends, this strategy provides a solid foundation for automated or manual trading. Share your feedback or customizations in the comments, and happy trading!
Pine Script® strategy
by thetraderlodge
HMK-2 | PCA-1 + Rejim + Chebyshev + VWAP (Input'lu, v6)📌 HMK-2 | PCA-1 + Regime + Chebyshev + VWAP Strategy 1️⃣ Core Structure Instead of relying on a single indicator, this system uses the Z-Score normalized average of three oscillators (RSI, MFI, ROC). Signal (PCA-1): RSI(14), MFI(14), ROC(5) → each is converted into a z-score. Their average becomes the “composite signal,” our PCA-1 value. Trend direction: If the Z-score EMA is rising → trend UP. If falling → trend DOWN. 2️⃣ Side Filters Regime Filter (ADX + EMA) ADX is calculated manually. If ADX > 20 → trend exists → a 50-period EMA of this value smooths it. This turns “trend regime” into a probability between 0–1. Chebyshev Filter A return series is checked against mean ± k*sigma bands. If the return is within this band → valid signal. Extreme moves are filtered out. VWAP Filter Long trades: price must be above VWAP. Short trades: price must be below VWAP. Trades are only taken on the correct side of institutional cost averages. 3️⃣ Entry Conditions Long: PCA-1 signal crosses above threshold. Trend Up + Regime OK + Chebyshev OK + Above VWAP. Short: PCA-1 signal crosses below threshold. Trend Down + Regime OK + Chebyshev OK + Below VWAP. 4️⃣ Exit Mechanism Main Exit: ATR-based stop/target. Stop = entry price – ATR × (SL factor). Take profit = entry price + ATR × (TP factor). Additional Exit: If price crosses to the opposite side of VWAP. If PCA-1 signal crosses zero. 👉 Prevents trades from being locked, makes exits adaptive. 5️⃣ Labels / Visualization AL / SHORT → entry points. SAT / COVER → exit points. VWAP line plotted in blue. 🧩 Strategy Features Optimizable parameters: Z-window (zWin) Threshold Chebyshev factor ATR stop/target multipliers This system works with: Disciplined core (PCA-1 signal) Triple protection (Regime + Chebyshev + VWAP) Adaptive exits (ATR + VWAP/signal cross) 👉 Not a “single-indicator robot,” but a multi-filtered trade direction engine. 💡 Final Note This is a base model of the system — open for further development. I’ve shared the logic to give you a roadmap. If you spot errors, fix them → that’s how you’ll improve it. Don’t waste time asking me questions — refine and build it better yourselves. Wishing you profitable trades. Stay well 🙏
Pine Script® strategy
by Servet2662
Parabolic CCI Pro — Long & Short + ATR Risk — [AlphaFinansData]English Description (Enhanced) 🔹 CCI + Parabolic SAR Strategy (Long & Short, Smart Risk Management) This indicator combines the power of CCI (Commodity Channel Index) and Parabolic SAR, creating a highly reliable trading system that adapts to market conditions. 🚀 How It Works: Trend Hunting: CCI detects weakening momentum and potential reversal zones. Confirmation: Parabolic SAR confirms the trend direction, reducing false signals. Smart Risk Management: Offers both fixed-percentage and ATR-based dynamic Stop Loss & Take Profit, adjusting to volatility automatically. Performance Dashboard: Tracks win rate, average profit/loss, max drawdown, and winning/losing streaks for deeper strategy insights. ⚡ Who Is It For? Day traders looking for quick entries and exits, Swing traders seeking to capture trend reversals, Risk-conscious investors who want disciplined SL/TP management. 💡 More than just a signal generator, this indicator provides traders with a structured trading framework that helps maintain consistency and discipline.
Pine Script® indicator
by trade-can
11