A simple strategy is to determine the trend. Do not use it for real-time transactions. Use it as a Reaffirmation trade entry.
Exits added using trailing stops. 2.6 Profit Factor and 76% Profitable on SPY , 5M - I think it's a pretty good number for an automated strategy that uses Pivots. I don't think it's possible to add volume and day open price in relation to pivot levels -- that's what I do manually .. Still trying to add EMA for exits.. it will increase profitability. You can...
Hey everyone, Recently we developed a chrome extension for automating TradingView strategies using the alerts they provide. Initially we were charging a monthly fee for the extension, but we have now decided to make it FREE for everyone. So to display the power of automating strategies via TradingView, we figured we would also provide a profitable strategy along...
This strategy combines the classic RSI strategy to sell when the RSI increases over 70 (or to buy when it falls below 30), with the classic Stochastic Slow strategy to sell when the Stochastic oscillator exceeds the value of 80 (and to buy when this value is below 20). This simple strategy only triggers when both the RSI and the Stochastic are together in a...
Breakout strategy of H4 and L4 levels. Manual entries and exits - higher profits BUT because I am a novice in pinescript, Can someone please: 1. Show me how to add exit strategy lines : close> ema(close,3) for exit short and opposite for long. I added myself but I can't make it to work in relation to camarilla entries; instead it shows all ema crossings.. 2.Why...
Included adaptive lot size based on ATR, and also ATR based stop and take profit levels. Risk/reward increased to 1:2 and should work in all ranging FX pairs as long as they are not trending. Once the market starts trending it'll eat this bot alive. Cheers, Ivan Labrie Time at Mode FX
Here's the last version...quick hack job. I'm sure it can be improved, but this is a rough sketch, code wise. The strategy works in range bound enviroments, so cointegrated pairs like AUDCAD will shine with it. Cheers, Ivan Labrie Time at Mode FX
Fixed a error were if trailing stop wasnt selected it wasnt activating stops. changed property's to fit 5min timeframe parameters.
EXPERIMENTAL: WARNING: this strategy does not work!! one of the fallacy's of backtesting, renko chars signals usually will give signals when price is allready out of range.
Great oscillator which determines trend and momentum. So accurate it could be used as a stand alone indicator.
EXPERIMENTAL:Testing the strategy tester :D
This simple script uses the idea of inertia of the market. if 2 previous candles have the same color, current meant to have that too. Following this signal is equal to buying a binary option on the start of the bar (week here). Signals are shown as arrows on the series. The color of the bar shows the outcome of the current option: yellow is success, black is...
Here is the code for Steve Primo Strategy #1 - Setup Long and Short - Please refer to his videos for triggers and management. Share your views.
Here is the code for Steve Primo Strategy #1 Long and Short Setups. - Post your views and share the knowledge. Watch his free videos on youtube for trigger and trade management
For those who are interested with this strategy, Here is a better version.
Based on "How Naked Trading Works" video by Walter Peters: youtu.be I don't know this person and I am in no way affiliated with him. I just found his video interesting enough to make this into a script. Rules as described by Walter in his video: 1. if current candle makes a higher high than the previous one 2. and is a bearish engulfing candle 3. and has room to...
A simple but effective Forex strategy requested by user @pipcollector. Suggested chart timeframe is 5mins. Indicator marks potential long/short entries based on the following conditions: LONG ------ Price above pip median ema on daily, 4 hour and 1 hour timeframe. These 3 timeframes and median EMA lengths are configurable. Background color is set to...