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 play in pinescript with trailing stops entries..
It does repaint. When you're using trailing stoploss, it's always gonna calculate the ratio from the high (Low in case of shorting)
This is not how live market operates as it can reach your stop loss in a middle of a candle no problem, thus resulting in unrealistic data.
wrayjohn157
⋅
Hello, I am looking at how to create trading alerts for this script. I don't see how. There isn't a long or short drop down buy / close options. How do you recommend setting up trading alerts?
Kind Regards,
Thanks in advacne!
This is not how live market operates as it can reach your stop loss in a middle of a candle no problem, thus resulting in unrealistic data.