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Trend Analysis

Trend Trader Strategy with MACDThis is plots the indicator developed by Andrew Abraham in the Trading the Trend article of TASC September 1998 The strategy I use has already been published explicitly by HPotter, you can review the core code from there. I have converted the existing strategy codes that have been published into the strategy and the result looks great but I noticed that the indicator performed too much in short periods like 1 minute and I thought it would be healthier to get MACD approval. MACD approval will come selected by default. When the indicator reaches the buy status, if the macd histogram is positive, it enters the long process. By removing this confirmation from the settings window, you can see the normal signal frequency of the indicator. This strategy is mainly based on trend signals. In fact, I am publishing this strategy to use in alternating trading for Bear-Bull crypto coins. What does the bear-bull comparison mean? You can open the same chart in the ETHBEAR / USDT symbol as opposed to the ETHBULL / USDT symbol that appears on the chart. When BUY signal comes in bull symbol, SELL will come in bear symbol. When BUY signal comes in bear symbol, SELL will come in bull symbol. In this way, very fast and very high profit can be obtained by alternating operation.
Pine Script™ strategy
by melihtuna
8
Combo Backtest 123 Reversal & Dynamic Momentum Index This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy This indicator plots Dynamic Momentum Index indicator. The Dynamic Momentum Index (DMI) was developed by Tushar Chande and Stanley Kroll. The indicator is covered in detail in their book The New Technical Trader. The DMI is identical to Welles Wilder`s Relative Strength Index except the number of periods is variable rather than fixed. The variability of the time periods used in the DMI is controlled by the recent volatility of prices. The more volatile the prices, the more sensitive the DMI is to price changes. In other words, the DMI will use more time periods during quiet markets, and less during active markets. The maximum time periods the DMI can reach is 30 and the minimum is 3. This calculation method is similar to the Variable Moving Average, also developed by Tushar Chande. The advantage of using a variable length time period when calculating the RSI is that it overcomes the negative effects of smoothing, which often obscure short-term moves. The volatility index used in controlling the time periods in the DMI is based on a calculation using a five period standard deviation and a ten period average of the standard deviation. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
3
Patient Trendfollower (7)(alpha) Backtesting AlgorithmThis is an alpha version of backtesting algorithm for my Patient Trendfollower (7) strategy. It can help you adapt the indicator to other charts than EURUSD. Please bear in mind that price action, volume profiles and supzistences are a catalyst for successful trading, not an indicator. You can get significantly better results if you use these things in your trading and use Trendfollower only as a secondary tool. Patient Trendfollower Indicator Thanks belongs to @everget and Satik FX, their contributions are highlighted on an indicator page.
Pine Script™ strategy
by OrcChieftain
2
FRAMA - Supertrend strategyFRAMA Strategy I found this strategy on internet, in a well-known forex forum. I have translated the two indicators mentioned in that strategy (originally in mq4) in pine script. Thanks to Fractured and Shizaru for the FRAMA snippets, to mejialucas for Supertrend snippet, to JayRogers for trade management snippet and to Trost for backtesting snippet. I also added some code to have FRAME with a deiiferent timeframe Indicators set-up: FRAMA period 24 (it was originally 25 but it's better to use an even number) FRAMA timefarme lower then chart timeframe (e.g. daily chart and weekly FRAMA) Supertrend indicator as it is. Of course, it is better to adapt above setting to traded instrument. Long/Buy rules: 1 - Enter at crossover between FRAMA and its signal 2 - Option to filter entries based on supertrend signal 3 - Exit when Supertrend change direction; 4 - Exit long when short signal occurs; Short/Sell rules: 1 - Enter at crossunder between FRAMA and its signal 2 - Option to filter entries based on supertrend signal 3 - Exit when Supertrend change direction; 4 - Exit short when long signal occurs; VERY IMPORTANT NOTE: this is a trend following strategy, so the target is to stay in the trade as much as possible (drawdown my be high). If your trading style is more focused on scalping and/or pullbaks, this strategy is not for you. Credits to who developed this startegy (google it). Thanks to all pinescripters mentined in the code for their snippets. I have also a study with alerts. Please use comment section for any feedback or contact me if you need support.
Pine Script™ strategy
by 03.freeman
11
Combo Backtest 123 Reversal & Donchian Channel Width This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The Donchian Channel was developed by Richard Donchian and it could be compared to the Bollinger Bands. When it comes to volatility analysis, the Donchian Channel Width was created in the same way as the Bollinger Bandwidth technical indicator was. As was mentioned above the Donchian Channel Width is used in technical analysis to measure volatility. Volatility is one of the most important parameters in technical analysis. A price trend is not just about a price change. It is also about volume traded during this price change and volatility of a this price change. When a technical analyst focuses his/her attention solely on price analysis by ignoring volume and volatility, he/she only sees a part of a complete picture only. This could lead to a situation when a trader may miss something and lose money. Lets take a look at a simple example how volatility may help a trader: Most of the price based technical indicators are lagging indicators. When price moves on low volatility, it takes time for a price trend to change its direction and it could be ok to have some lag in an indicator. When price moves on high volatility, a price trend changes its direction faster and stronger. An indicator's lag acceptable under low volatility could be financially suicidal now - Buy/Sell signals could be generated when it is already too late. Another use of volatility - very popular one - it is to adapt a stop loss strategy to it: Smaller stop-loss recommended in low volatility periods. If it is not done, a stop-loss could be generated when it is too late. Bigger stop-loss recommended in high volatility periods. If it is not done, a stop-loss could be triggered too often and you may miss good trades. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
GMS: Moving Average Crossover StrategyThis is a moving average crossover system built the way I would want it to be. - The moving averages included are SMA, EMA, WMA, VWMA. - You can select either for the first moving average or the second moving average. - You can also select to see the Long trades, Short trades, or both at the same time. - There is also a simple moving average trend filter. When this is selected, it only applies to the entries of a trade and not the exit. There are situations where the entry is above the trend filter and the exit is below. The source code should be open so feel free to adapt it, make it more efficient, or take some part for your own project! I hope it helps, Andre
Pine Script™ strategy
by GlobalMarketSignals
3
BO - RSI - M5 BacktestingBO - RSI - M5 Backtesting -Rule of Strategy A. Data 1. Chart M5 IDC 2. Symbol: EURJPY B. Indicator 1. RSI 2. Length: 12 (adjustable) 3. Extreme Top: 75 (adjustable) 4. Extreme Bottom: 25 (adjustable) C. Rule of Signal 1. Put Signal * Rsi create a temporary peak over Extreme Top row61: peak_rsi= rsi >rsi and rsi >rsi and rsi rsi_top 2. Call Signal * Rsi create a temporary bottom under Extreme Bottom row62: bott_rsi= rsi rsi and rsi <rsi_bot D. Rule of Order 1. Only 1 trade opening 2. Stoploss: No trade open after 1 loss trade each day (number of loss trades adjustable) 3. Expiry: after 6 bars (number of bars adjustable)
Pine Script™ strategy
by inno14
2
BEST ABCD Pattern StrategyHello traders This is the strategy version of this script I - Concept I present to you, ladies and gentlemen, the first screener for harmonic patterns. Starting with an ACBD pattern screener this time!! I used the calculations from Ricardo Santo's script In short, he's using fractals (regular or Bill Williams ) for the pattern calculations. A masterpiece !!! II - Definitions The ABCD pattern ( AB=CD ) is one of the classic chart patterns which is repeated over and over again. The ABCD pattern shows perfect harmony between price and time. The Williams Fractal is an indicator, developed by Bill Williams, that aims to detect reversal points (highs and lows) and marks them with arrows. Up fractals and down fractals have specific shapes. The Williams Fractal indicator helps users determine in which direction price will develop 💎Strategy filters💎 I included some cool backtest filters: - flexible take profit in USD value (plotted in blue) - flexible stop loss in USD value (plotted in red) The take profit and stop loss should work with Forex/FX pairs as well All the BEST Dave
Pine Script™ strategy
by Daveatt
19
ATA v4 StrategyAta strategy is include 3 different time frame = MTF 2 different moving average =MA Oversold/overbought for relative strength index =RSI Strategy exit for trailing stop loss %2 =TSL MTF like 1 day, 4h and 5 min, between 2 moving averages like fibo numbers 21 and 34. Also strategy test for oversold up to 60 and overbought under the 25 with RSI. Stratefy exit include trailing stop loss %2 persantage for max. gain. It was created by XMAXPRO. This system is open to development.
Pine Script™ strategy
by xmaxpro
8
BEST Engulfing + Breakout StrategyHello traders This is a simple algorithm for a Tradingview strategy tracking a convergence of 2 unrelated indicators. Convergence is the solution to my trading problems. It's a puzzle with infinite possibilities and only a few working combinations. Here's one that I like - Engulfing pattern - Price vs Moving average for detecting a breakout Definition Take out the notebooks :) and some coffee (good for focus). I'm bullish in coffee The engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows. The bullish Engulfing pattern appears in a downtrend and is a combination of one red candle followed by a larger green candle The bearish Engulfing pattern appears in a downtrend and is a combination of one green candle followed by a larger red candle Example: imgur.com We're bored sir... what's the point of all this? In summary, an engulfing is a pattern to track reversals. (the whole TradingView audience stands up now giving a standing ovation) Adding the Price vs Moving average filters allows to track reversals with momentums (half of the audience collapsed because this is too awesome) Ok sir... you picked up my interest I included some cool backtest filters: - date range filtering - flexible take profit in USD value (plotted in blue) - flexible stop loss in USD value (plotted in red) All the best Dave
Pine Script™ strategy
by Daveatt
21
BO - Bar's direction Signal - BacktestingBO - Bar's direction Signal - Backtesting Options: A. Factors Calculate probability of x bars same direction 1. Periods Counting: Data to count From day/month/year To day/month/year 2. Trading Time: only cases occurred in trading time were counted. B. Timezone 1. Trading time depend on Time zone and specified chart. 2. Enable Highlight Trading Time to check your period time is correct C. Date Backtesting * Only cases occurred in Date Backtesting were reported. D. Setup Options & Rule 1. Reversal after 2 bars same direction * Probability of 3 bars same direction < 50 * 2 bars same direction is start of series 2. Reversal after 3 bars same direction * Probability of 4 bars same direction < 50 * 3 bars same direction is start of series 3. Reversal after 4 bars same direction * Probability of 4 bars same direction < 50 * 3 bars same direction is start of series 4. Reversal after 5 bars same direction * Probability of 5 bars same direction < 50 * 4 bars same direction is start of series 5. Reversal after 6 bars same direction * Probability of 6 bars same direction < 50 * 5 bars same direction is start of series
Pine Script™ strategy
by inno14
4
Trend Following BreakoutEasy Trend Following Strategy using Highs and Lows breakout of the last X candles to enter and exit trades. You can easily change the ENTRY and EXIT value in order to find the best settings. This strategy seems to be working well for $BTC and $ETH on the 4H and 1D. I didn't play with it too much as I am testing script to trade on the 15 minutes chart with margin. This script can't do this successfully but I hope it can be helpful for what you want to achieve.
Pine Script™ strategy
by TrendSurfersSignals
7