Just an update to my last idea since I can't figure out how to post updated charts on previous ideas without publishing a new one, and linking it. Average length of trade is 3.26 days using this script and settings. Currently it has 3 shorts open.
Trade active
Shorts activated. Will buy more, if it goes up more.Note
FYI, max contracts held using this is 29. So never go all in on just one signal. Have to leave yourself room to hedge and buy more (be it shorts or longs). Currently going short.Trade active
Just scooped up another short on that last pop.Note
Bought even more shorts. Looking forward to taking profit on them.Note
Just snapped up more.Trade closed manually
Shorts closed, profit taken.Note
Warning, there is another POC hanging out between 8500, and 8600. So that is on the table next i this continues going up. Like I said, you always got to leave yourself room to hedge with this system. And also, it's not 100% profitable or anything. But I am sticking with it. I always put my money where my mouth is, and I bought more shorts on those last "sell" signals.
Note
And I will buy more too if it keeps going up, and I get more short ("sell") signals. My longer term script is 93% profitable on shorts (time frame of 10-15 days), I don't usually like to sit on a trade that long, but meh... I don't like losing money either, and I am in the red on this one right now.Trade active
Shorts activated.Note
I am not a pretty boy. youtube.com/watch?v=iHrt3hRK_9ENote
Picked up more shorts on these pumps.Note
currently down 2.5% on this. I still expect to make money though.Note
It's just simple mathematics. youtube.com/watch?v=m5vw4ajnWGANote
Well that sucked. I lost about 30% of my portfolio on this.At emcs.store, we offer our services in custom Pinescript development for Tradingview.
We also provide access to a wide selection of proprietary trading tools we have developed as a subscription service, and we continue to innovate.
We also provide access to a wide selection of proprietary trading tools we have developed as a subscription service, and we continue to innovate.
Related publications
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.
At emcs.store, we offer our services in custom Pinescript development for Tradingview.
We also provide access to a wide selection of proprietary trading tools we have developed as a subscription service, and we continue to innovate.
We also provide access to a wide selection of proprietary trading tools we have developed as a subscription service, and we continue to innovate.
Related publications
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.