[MAD] L5 Riskmanagement MK6.2 Wizard Edition
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)
Versionnumber in Textbox
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact djmad directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact djmad directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.