OPEN-SOURCE SCRIPT
Zaktualizowano The Echo System
🔊 The Echo System – Trend + Momentum Trading Strategy
Overview:
The Echo System is a trend-following and momentum-based trading tool designed to identify high-probability buy and sell signals through a combination of market trend analysis, price movement strength, and candlestick validation.
Key Features:
📈 Trend Detection:
Uses a 30 EMA vs. 200 EMA crossover to confirm bullish or bearish trends.
Visual trend strength meter powered by percentile ranking of EMA distance.
🔄 Momentum Check:
Detects significant price moves over the past 6 bars, enhanced by ATR-based scaling to filter weak signals.
🕯️ Candle Confirmation:
Validates recent price action using the previous and current candle body direction.
✅ Smart Conditions Table:
A live dashboard showing all trade condition checks (Trend, Recent Price Move, Candlestick confirmations) in real-time with visual feedback.
📊 Backtesting & Stats:
Auto-calculates average win, average loss, risk-reward ratio (RRR), and win rate across historical signals.
Clean performance dashboard with color-coded metrics for easy reading.
🔔 Alerts:
Set alerts for trade signals or significant price movements to stay updated without monitoring the chart 24/7.
Visuals:
Trend markers and price movement flags plotted directly on the chart.
Dual tables:
📈 Conditions table (top-right): breaks down trade criteria status.
📊 Performance table (bottom-right): shows real-time stats on win/loss and RRR.🔊 The Echo System – Trend + Momentum Trading Strategy
Overview:
The Echo System is a trend-following and momentum-based trading tool designed to identify high-probability buy and sell signals through a combination of market trend analysis, price movement strength, and candlestick validation.
Key Features:
📈 Trend Detection:
Uses a 30 EMA vs. 200 EMA crossover to confirm bullish or bearish trends.
Visual trend strength meter powered by percentile ranking of EMA distance.
🔄 Momentum Check:
Detects significant price moves over the past 6 bars, enhanced by ATR-based scaling to filter weak signals.
🕯️ Candle Confirmation:
Validates recent price action using the previous and current candle body direction.
✅ Smart Conditions Table:
A live dashboard showing all trade condition checks (Trend, Recent Price Move, Candlestick confirmations) in real-time with visual feedback.
📊 Backtesting & Stats:
Auto-calculates average win, average loss, risk-reward ratio (RRR), and win rate across historical signals.
Clean performance dashboard with color-coded metrics for easy reading.
🔔 Alerts:
Set alerts for trade signals or significant price movements to stay updated without monitoring the chart 24/7.
Visuals:
Trend markers and price movement flags plotted directly on the chart.
Dual tables:
📈 Conditions table (top-right): breaks down trade criteria status.
📊 Performance table (bottom-right): shows real-time stats on win/loss and RRR.
Overview:
The Echo System is a trend-following and momentum-based trading tool designed to identify high-probability buy and sell signals through a combination of market trend analysis, price movement strength, and candlestick validation.
Key Features:
📈 Trend Detection:
Uses a 30 EMA vs. 200 EMA crossover to confirm bullish or bearish trends.
Visual trend strength meter powered by percentile ranking of EMA distance.
🔄 Momentum Check:
Detects significant price moves over the past 6 bars, enhanced by ATR-based scaling to filter weak signals.
🕯️ Candle Confirmation:
Validates recent price action using the previous and current candle body direction.
✅ Smart Conditions Table:
A live dashboard showing all trade condition checks (Trend, Recent Price Move, Candlestick confirmations) in real-time with visual feedback.
📊 Backtesting & Stats:
Auto-calculates average win, average loss, risk-reward ratio (RRR), and win rate across historical signals.
Clean performance dashboard with color-coded metrics for easy reading.
🔔 Alerts:
Set alerts for trade signals or significant price movements to stay updated without monitoring the chart 24/7.
Visuals:
Trend markers and price movement flags plotted directly on the chart.
Dual tables:
📈 Conditions table (top-right): breaks down trade criteria status.
📊 Performance table (bottom-right): shows real-time stats on win/loss and RRR.🔊 The Echo System – Trend + Momentum Trading Strategy
Overview:
The Echo System is a trend-following and momentum-based trading tool designed to identify high-probability buy and sell signals through a combination of market trend analysis, price movement strength, and candlestick validation.
Key Features:
📈 Trend Detection:
Uses a 30 EMA vs. 200 EMA crossover to confirm bullish or bearish trends.
Visual trend strength meter powered by percentile ranking of EMA distance.
🔄 Momentum Check:
Detects significant price moves over the past 6 bars, enhanced by ATR-based scaling to filter weak signals.
🕯️ Candle Confirmation:
Validates recent price action using the previous and current candle body direction.
✅ Smart Conditions Table:
A live dashboard showing all trade condition checks (Trend, Recent Price Move, Candlestick confirmations) in real-time with visual feedback.
📊 Backtesting & Stats:
Auto-calculates average win, average loss, risk-reward ratio (RRR), and win rate across historical signals.
Clean performance dashboard with color-coded metrics for easy reading.
🔔 Alerts:
Set alerts for trade signals or significant price movements to stay updated without monitoring the chart 24/7.
Visuals:
Trend markers and price movement flags plotted directly on the chart.
Dual tables:
📈 Conditions table (top-right): breaks down trade criteria status.
📊 Performance table (bottom-right): shows real-time stats on win/loss and RRR.
Informacje o Wersji
sensitivityInformacje o Wersji
updateInformacje o Wersji
notif updateInformacje o Wersji
more alertsInformacje o Wersji
-- The Echo System 2.0 --Informacje o Wersji
fixInformacje o Wersji
added mobile versionInformacje o Wersji
colorsInformacje o Wersji
updated colors and shapesInformacje o Wersji
starting to add more visualsInformacje o Wersji
alert namesInformacje o Wersji
mobile fixInformacje o Wersji
WAITING...Informacje o Wersji
fixed the color thing to adjust for stop lossInformacje o Wersji
3.0!!!!Informacje o Wersji
I added the Markov chain functionality, only enter trades after 2 wins in a row. Informacje o Wersji
quick fixInformacje o Wersji
quick fixInformacje o Wersji
IMPORTANT UPDATED FIXED MAJOR ISSUESInformacje o Wersji
minor fix oopsInformacje o Wersji
added pip multiplier for other assets (other assets win rates are low but oh well)Informacje o Wersji
added units optionInformacje o Wersji
small editsInformacje o Wersji
- small tweaks- fix small glitches
Informacje o Wersji
added more optionsInformacje o Wersji
added Markov optionsInformacje o Wersji
editsInformacje o Wersji
fixed glitchInformacje o Wersji
--edited default settingsInformacje o Wersji
double entry glitch fixInformacje o Wersji
FIXED double entryInformacje o Wersji
reduced clutter and added other modelsInformacje o Wersji
quick fixInformacje o Wersji
IdekInformacje o Wersji
updateInformacje o Wersji
made it less confusingInformacje o Wersji
quick fixInformacje o Wersji
fixesInformacje o Wersji
fixsInformacje o Wersji
bugsInformacje o Wersji
added extra trades optionInformacje o Wersji
fixesInformacje o Wersji
added alertsInformacje o Wersji
fixSkrypt open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Wyłączenie odpowiedzialności
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.
Skrypt open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Wyłączenie odpowiedzialności
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.