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Wskaźniki Billa Williamsa

Full Range Trading Strategy with DCA - Crypto, Forex, Stocks Introduction This is a Pine 4 range trading strategy. It has a twin study with several alerts. The design intent is to produce a commercial grade signal generator that can be adapted to any symbol and interval. Ideally, the script is reliable enough to be the basis of an automated trading system web-hooked to a server with API access to crypto, forex and stock brokerages. The strategy can be run in three different modes: long, short and bidirectional. As a range trading strategy, the behavior of the script is to buy on weakness and sell on strength. As such trade orders are placed in a counter direction to price pressure. What you will see on the chart is a short position on peaks and a long position on valleys. Just to be clear, the range as well as trends are merely illusions as the chart only receives prices. However, this script attempts to calculate pivot points from the price stream. Rising pivots are shorts and falling pivots are longs. I refer to pivots as a vertex in this script which adds structural components to the chart formation. When trading in “Ping Pong” mode long and short positions are intermingled continuously as long as there exists a detectable vertex. Unfortunately, this can work against your backtest profitability on long duration trends where prices continue in a single direction without pullback. I have designed various features in the script to compensate for this event. A well configured script should perform in a range bound market and minimize losses in a trend. I also have a trend following version of this script for those not interested in trading the range. Please be aware these are two types of traders. You should know who you are. This script employs a DCA feature which enables users to experiment with loss recovery techniques. This is an advanced feature which can increase the order size on new trades in response to stopped out or winning streak trades. The script keeps track of debt incurred from losing trades. When the debt is recovered the order size returns to the base amount specified in the TV properties tab. The inputs for this feature include a limiter to prevent your account from depleting capital during runaway markets. This implementation of DCA does not use pyramid levels. Only the order size on subsequent new trades are affected. Pyramids on the other hand increase the size of open positions. If you are interested in seeing pyramids in action please see the trend version of this script which features both DCA and pyramids. While DCA is a popular feature in crypto trading, it can make you a “bag” holder if your not careful. In other markets, especially margin trading, you’ll need a well funded account and much trading experience to manage this feature safely. Consecutive loss limit can be set to report a breach of the threshold value. Every stop hit beyond this limit will be reported on a version 4 label above the bar where the stop is hit. Use the location of the labels along with the summary report tally to improve the adaptability of system. Don’t simply fit the chart. A good trading system should adapt to ever changing market conditions. On the study version the consecutive loss limit can be used to halt live trading on the broker side (managed manually). Design This script uses twelve indicators on a single time frame. The original trading algorithms are a port from a much larger program on another trading platform. I’ve converted some of the statistical functions to use standard indicators available on TradingView. The setups make heavy use of the Hull Moving Average in conjunction with EMAs that form the Bill Williams Alligator as described in his book “New Trading Dimensions” Chapter 3. Lag between the Hull and the EMAs form the basis of the entry and exit points. The vertices are calculated using one of five featured indicators. Each indicator is actually a composite of calculations which produce a distinct mean. This mathematical distinction enables the script to be useful on various instruments which belong to entirely different markets. In other words, at least one of these indicators should be able generate pivots on an arbitrarily selected instrument. Try each one to find the best fit. The entire script is around 1800 lines of Pine code which is the maximum incidental size given the TradingView limits: local scopes, run-time duration and compile time. I’ve been working on this script for nearly two years and have tested it on various instruments stocks, forex and crypto. It performs well on higher liquidity markets that have at least a year of historical data. Although the script can be implemented on any interval, it has been optimized for small time frames down to 5 minutes. The 10 minute BTC/USD produces around 500 trades in 2 ½ months. The 1 hour BTC/USD produces around 1300 trades in 1 ½ years. Originally, this script contained both range trading and trend following logic but had to be broken into separate scripts due to the aforementioned limitations. Inputs to the script use cone centric measurements in effort to avoid exposing adjustments to the various internal indicators. The goal was to keep the inputs relevant to the actual trade entry and exit locations as opposed to a series of MA input values and the like. As a result the strategy exposes over 50 inputs grouped into long or short sections. Inputs are available for the usual minimum profit and stop-loss as well as safeguards, trade frequency, DCA, modes, presets, reports and lots of calibrations. The inputs are numerous, I’m aware. Unfortunately, at this time, TradingView does not offer any other method to get data in the script. The usual initialization files such as cnf, cfg, ini, json and xml files are currently unsupported. Example configurations for various instruments along with a detailed PDF user manual is available. Indicator Repainting And Anomalies Indicator repainting is an industry wide problem which mainly occurs when you mix backtest data with real-time data. It doesn't matter which platform you use some form of this condition will manifest itself on your chart over time. The critical aspect being whether live trades on your broker’s account continue to match your TradingView study. Tackling this repainting issue has been a major project goal of this script. Based on my experience with Pine, most of the problems stem from TradingView’s implementation of multiple interval access. Whereas most platform provide a separate bar series for each interval requested, the Pine language interleaves higher time frames with the primary chart interval. The problem is exacerbated by allowing a look-ahead parameter to the Security function. The goal of my repaint prevention is simply to ensure that my signal trading bias remains consistent between the strategy, study and broker. That being said this is what I’ve done address this issue in this script: 1. This script uses only 1 time frame. The chart interval. 2. Every entry and exit condition is evaluated on closed bars only. 3. No security functions are called to avoid a look-ahead possibility. 4. Every contributing factor specified in the TradingView wiki regarding this issue has been addressed. 5. I’ve run a 10 minute chart live for a week and compared it to the same chart periodically reloaded. The two charts were highly correlated with no instances of completely opposite real-time signals. The study does indeed bring up the TV warning dialog. The only reason for this is because the script uses an EMA indicator which according to TradingView is due to “peculiarities of the algorithm”. One issue that comes up when comparing the strategy with the study is that the strategy trades show on the chart one bar later than the study. This problem is due to the fact that “strategy.entry()” and “strategy_exit()” do not execute on the same bar called. The study, on the other hand, has no such limitation since there are no position routines. Please be aware that the data source matters. Cryptocurrency has no central tick repository so each exchange supplies TradingView its feed. Even though it is the same symbol the quality of the data and subsequently the bars that are supplied to the chart varies with the exchange. This script will absolutely produce different results on different data feeds of the same symbol. Be sure to backtest this script on the same data you intend to receive alerts for. Any example settings I share with you will always have the exchange name used to generate the test results. Usage The following steps provide a very brief set of instructions that will get you started but will most certainly not produce the best backtest. A trading system that you are willing to risk your hard earned capital will require a well crafted configuration that involves time, expertise and clearly defined goals. As previously mentioned, I have several example configs that I use for my own trading that I can share with you along with a PDF which describes each input in detail. To get hands on experience in setting up your own symbol from scratch please follow the steps below. The input dialog box contains over 50 inputs separated into five sections. Each section is identified as such with a makeshift separator input. There are three main areas that must to be configured: long side, short side and settings that apply to both. The rest of the inputs apply to DCA, reporting and calibrations. The following steps address these three main areas only. You will need to get your backtest in the black before moving on to the more advanced features. Step 1. Setup the Base currency and order size in the properties tab. Step 2. Select the calculation presets in the Instrument Type field. Step 3. Select “No Trade” in the Trading Mode field. Step 4. Select the Histogram indicator from Section 2. You will be experimenting with different ones so it doesn’t matter which one you try first. Step 5. Turn on Show Markers in Section 2. Step 6. Go to the chart and checkout where the markers show up. Blue is up and red is down. Long trades show up along the red markers and short trades on the blue. Step 7. Make adjustments to “Base To Vertex” and “Vertex To Base” net change and roc in Section 3. Use these fields to move the markers to where you want trades to be. Step 8. Try a different indicator from Section 2 and repeat Step 7 until you find the best match for this instrument on this interval. This step is complete when the Vertex settings and indicator combination produce the most favorable results. Step 9. Go to Section 3 and enable “Apply Red Base To Base Margin”. Step 10. Go to Section 4 and enable “Apply Blue Base To Base Margin”. Step 11. Go to Section 2 and adjust “Minimum Base To Base Blue” and “Minimum Base To Base Red”. Observe the chart and note where the markers move relative to each other. Markers further apart will produce less trades but will reduce cutoffs in “Ping Pong” mode. Step 12. Return to Section 3 and 4 and turn off “Base To Base Margin” which was enabled in steps 9 and 10. Step 13. Turn off Show Markers in Section 2. Step 14. Put in your Minimum Profit and Stop Loss in the first section. This is in pips or currency basis points (chart right side scale). Percentage is not currently supported. This is a fixed value minimum profit and stop loss. Also note that the profit is taken as a conditional exit on a market order not a fixed limit. The actual profit taken will almost always be greater than the amount specified. The stop loss, on the other hand, is indeed a hard number which is executed by the TradingView broker simulator when the threshold is breached. On the study version, the stop is executed at the close of the bar. Step 15. Return to step 3 and select a Trading Mode (Long, Short, BiDir, Ping Pong). If you are planning to trade bidirectionally its best to configure long first then short. Combine them with “BiDir” or “Ping Pong” after setting up both sides of the trade individually. The difference between “BiDir” and “Ping Pong” is that “Ping Pong” uses position reversal and can cut off opposing trades less than the specified minimum profit. As a result “Ping Pong” mode produces the greatest number of trades. Step 16. Take a look at the chart. Trades should be showing along the markers plotted earlier. Step 17. Make adjustments to the Vertex fields in Section 2 until the TradingView performance report is showing a profit. This includes the “Minimum Base To Base” fields. If a profit cannot be achieved move on to Step 18. Step 18. Improve the backtest profitability by adjusting the “Long Entry Net Change” and “Long Entry ROC” in Section 3. Step 19. Improve the backtest profitability by adjusting the “Short Entry Net Change” and “Short Entry ROC” in Section 4. Step 20. Improve the backtest profitability by adjusting the “Sparse Long Delta” in Section 3. Step 21. Improve the backtest profitability by adjusting the “Chase Long Delta” in Section 3. Step 22. Improve the backtest profitability by adjusting the “Long Adherence Delta” in Section 3. This field requires the “Adhere to Rising Trend” checkbox to be enabled. Step 23. Try each checkbox in Section 3 and see if it improves the backtest profitability. The “Caution Lackluster Longs” checkbox only works when “Long Caution Mode” is enabled. Step 24. Improve the backtest profitability by adjusting the “Sparse Short Delta” in Section 4. Step 25. Improve the backtest profitability by adjusting the “Chase Short Delta” in Section 4. Step 26. Improve the backtest profitability by adjusting the “Short Adherence Delta” in Section 4. This field requires the “Adhere to Falling Trend” checkbox to be enabled. Step 27. Try each checkbox in Section 4 and see if it improves the backtest profitability. The “Caution Lackluster Shorts” checkbox only works when “Short Caution Mode” is enabled. Step 28. Enable the reporting conditions in Section 5. Look for long runs of consecutive losses or high debt sequences. These are indications that your trading system cannot withstand sudden changes in market sentiment. Step 29. Examine the chart and see that trades are being placed in accordance with your desired trading goals. This is an important step. If your desired model requires multiple trades per day then you should be seeing hundreds of trades on the chart. Alternatively, you may be looking to trade fewer steep peaks and deep valleys in which case you should see trades at major turning points. Don’t simply settle for what the backtest serves you. Work your configuration until the system aligns with your desired model. Try changing indicators and even intervals if you cannot reach your simulation goals. Generally speaking, the histogram and Candle indicators produce the most trades. The Macro indicator captures the tallest peaks and valleys. Step 30. Apply the backtest settings to the study version and perform forward testing. This script is open for beta testing. After successful beta test it will become a commercial application available by subscription only. I’ve invested quite a lot of time and effort into making this the best possible signal generator for all of the instruments I intend to trade. I certainly welcome any suggestions for improvements. Thank you all in advance.
Strategia Pine Script™
od tradingtudi
8
Study Bot IgnaceThis INVIT-ONLY strategy is based on EMA / Fixe SL / William and you optimize for 1min scalping on bitmex Please use comment section for any feedback. I have also a study with alarms Long Entry / Long Exit / Short Entry / Short Exit For any question DM me for any request. ## DISCLAIMER 1. I am not licensed financial advisors or broker dealers. I do not tell you when or what to buy or sell. I developed this software which enables you execute manual or automated trades multiple trades using TradingView. The software allows you to set the criteria you want for entering and exiting trades. 2. Do not trade with money you cannot afford to lose. 3. I do not guarantee consistent profits or that anyone can make money with no effort. And I am not selling the holy grail. 4. Every system can have winning and losing streaks. 5. Money management plays a large role in the results of your trading. For example: lot size, account size, broker leverage, and broker margin call rules all have an effect on results. Also, your Take Profit and Stop Loss settings for individual pair trades and for overall account equity have a major impact on results. If you are new to trading and do not understand these items, then I recommend you seek education materials to further your knowledge. **YOU NEED TO FIND AND USE THE TRADING SYSTEM THAT WORKS BEST FOR YOU AND YOUR TRADING TOLERANCE.** **I HAVE PROVIDED NOTHING MORE THAN A TOOL WITH OPTIONS FOR YOU TO TRADE WITH THIS PROGRAM ON TRADINGVIEW.**
Wskaźnik Pine Script™
od Aill3urs
1
Strategy Bot IgnaceThis INVIT-ONLY strategy is based on EMA / Fixe SL / William and you optimize for 1min scalping on bitmex Please use comment section for any feedback. I have also a study with alarms Long Entry / Long Exit / Short Entry / Short Exit For any question DM me for any request. ## DISCLAIMER 1. I am not licensed financial advisors or broker dealers. I do not tell you when or what to buy or sell. I developed this software which enables you execute manual or automated trades multiple trades using TradingView. The software allows you to set the criteria you want for entering and exiting trades. 2. Do not trade with money you cannot afford to lose. 3. I do not guarantee consistent profits or that anyone can make money with no effort. And I am not selling the holy grail. 4. Every system can have winning and losing streaks. 5. Money management plays a large role in the results of your trading. For example: lot size, account size, broker leverage, and broker margin call rules all have an effect on results. Also, your Take Profit and Stop Loss settings for individual pair trades and for overall account equity have a major impact on results. If you are new to trading and do not understand these items, then I recommend you seek education materials to further your knowledge. **YOU NEED TO FIND AND USE THE TRADING SYSTEM THAT WORKS BEST FOR YOU AND YOUR TRADING TOLERANCE.** **I HAVE PROVIDED NOTHING MORE THAN A TOOL WITH OPTIONS FOR YOU TO TRADE WITH THIS PROGRAM ON TRADINGVIEW.**
Strategia Pine Script™
od Aill3urs
Total Trend Follow Strategy with Pyramid and DCA Introduction This is a Pine 4 trend following strategy. It has a twin study with several alerts. The design intent is to produce a commercial grade signal generator that can be adapted to any symbol and interval. Ideally, the script is reliable enough to be the basis of an automated trading system web-hooked to a server with API access to crypto, forex and stock brokerages. The strategy can be run in three different modes: long, short and bidirectional. As a trend following strategy, the behavior of the script is to buy on strength and sell on weakness. As such the trade orders maintain its directional bias according to price pressure. What you will see on the chart is long positions on the left side of the mountain and short on the right. Long and short positions are not intermingled as long as there exists a detectable trend. This is extremely beneficial feature in long running bull or bear markets. The script uses multiple setups to avoid the situation where you got in on the trend, took a small profit but couldn’t get back in because the logic is waiting for a pullback or some other intricate condition. Deep draw-downs are a characteristic of trend following systems and this system is no different. However, this script makes use of the TradingView pyramid feature accessible from the properties tab. Additional trades can be placed in the draw-down space increasing the position size and thereby increasing the profit or loss when the position finally closes. Each individual add on trade increases its order size as a multiple of its pyramid level. This makes it easy to comply with NFA FIFO Rule 2-43(b) if the trades are executed here in America. The inputs dialog box contains various settings to adjust where the add on trades show up, under what circumstances and how frequent if at all. Please be advised that pyramiding is an advanced feature and can wipe out your account capital if your not careful. During the backtest use modest setting with realistic capital until you discover what you think you can handle. In addition to pyramiding this script employs DCA which enables users to experiment with loss recovery techniques. This is another advanced feature which can increase the order size on new trades in response to stopped out or winning streak trades. The script keeps track of debt incurred from losing trades. When the debt is recovered the order size returns to the base amount specified in the TV properties tab. The inputs for this feature include a limiter to prevent your account from depleting capital during runaway markets. The main difference between DCA and pyramids is that this implementation of DCA applies to new trades while pyramids affect open positions. DCA is a popular feature in crypto trading but can leave you with large “bags” if your not careful. In other markets, especially margin trading, you’ll need a well funded account and much experience. Consecutive loss limit can be set to report a breach of the threshold value. Every stop hit beyond this limit will be reported on a version 4 label above the bar where the stop is hit. Use the location of the labels along with the summary report tally to improve the adaptability of system. Don’t simply fit the chart. A good trading system should adapt to ever changing market conditions. On the study version the consecutive loss limit can be used to halt live trading on the broker side (Managed manually). Design This script uses nine indicators on two time frames. The chart (primary) interval and one higher time frame which is based on the primary. The higher time frame identifies the trend for which the primary will trade. I’ve tried to keep the higher time frame around five times greater than the primary. The original trading algorithms are a port from a much larger program on another trading platform. I’ve converted some of the statistical functions to use standard indicators available on TradingView. The setups make heavy use of the Hull Moving Average in conjunction with EMAs that form the Bill Williams Alligator as described in his book “New Trading Dimensions” Chapter 3. Lag between the Hull and the EMAs form the basis of the entry and exit points. The alligator itself is used to identify the trend main body. The entire script is around 1700 lines of Pine code which is the maximum incidental size given the TradingView limits: local scopes, run-time duration and compile time. I’ve been working on this script for over a year and have tested it on various instruments stocks, forex and crypto. It performs well on higher liquidity markets that have at least a year of historical data. Though it can be configured to work on any interval between 5 minutes and 1 day, trend trading is generally a longer term paradigm. For day trading the 10 to 15 minute interval will allow you to catch momentum breakouts. For intraweek trades 30 minutes to 1 hour should give you a trade every other a day. Four hours and above are for seasoned deep pocket traders. Originally, this script contained both range trading and trend following logic but had to be broken into separate scripts due to the aforementioned limitations. Inputs to the script use cone centric measurements in effort to avoid exposing adjustments to the various internal indicators. The goal was to keep the inputs relevant to the actual trade entry and exit locations as opposed to a series of MA input values and the like. As a result the strategy exposes over 50 inputs grouped into long or short sections. Inputs are available for the usual minimum profit and stop-loss as well as safeguards, trade frequency, DCA, modes, presets, reports and lots of calibrations. The inputs are numerous, I’m aware. Unfortunately, at this time, TradingView does not offer any other method to get data in the script. The usual initialization files such as cnf, cfg, ini, json and xml files are currently unsupported. Example configurations for various instruments along with a detailed PDF user manual is available. Indicator Repainting And Anomalies Indicator repainting is an industry wide problem which mainly occurs when you mix backtest data with real-time data. It doesn't matter which platform you use some form of this condition will manifest itself on your chart over time. The critical aspect being whether live trades on your broker’s account continue to match your TradingView study. Since this trading system is featured as two separate scripts, indicator repainting is addressed in the study version. The strategy (this script) is intended to be used on historical data to determine the appropriate trading inputs to apply in the study. As such, the higher time frame of this strategy will indeed repaint. Please do not attempt to trade from the strategy. Please see the study version for more information. One issue that comes up when comparing the strategy with the study is that the strategy trades show on the chart one bar later than the study. This problem is due to the fact that “strategy.entry()” and “strategy_exit()” do not execute on the same bar called. The study, on the other hand, has no such limitation since there are no position routines. However, alerts that are subsequently fired off when triggered in the study are dispatched from the TradingView servers one bar later from the study plot. Therefore the alert you actually receive on your cell phone matches the strategy plot but is one bar later than the study plot. A lot can happen in four hours if you are trading off a 240 bar. Please be aware that the data source matters. Cryptocurrency has no central tick repository so each exchange supplies TradingView its feed. Even though it is the same symbol the quality of the data and subsequently the bars that are supplied to the chart varies with the exchange. This script will absolutely produce different results on different data feeds of the same symbol. Be sure to backtest this script on the same data you intend to receive alerts for. Any example settings I share with you will always have the exchange name used to generate the test results. Usage The following steps provide a very brief set of instructions that will get you started but will most certainly not produce the best backtest. A trading system that you are willing to risk your hard earned capital will require a well crafted configuration that involves time, expertise and clearly defined goals. As previously mentioned, I have several example configs that I use for my own trading that I can share with you along with a PDF which describes each input in detail. To get hands on experience in setting up your own symbol from scratch please follow the steps below. The input dialog box contains over 50 inputs separated into seven sections. Each section is identified as such with a makeshift separator input. There are three main areas that must to be configured: long side, short side and settings that apply to both. The rest of the inputs apply to pyramids, DCA, reporting and calibrations. The following steps address these three main areas only. You will need to get your backtest in the black before moving on to the more advanced features Step 1. Setup the Base currency and order size in the properties tab. Step 2. Select the calculation presets in the Instrument Type field. Step 3. Select “No Trade” in the Trading Mode field. Step 4. Select the Histogram indicator from section 3. You will be experimenting with different ones so it doesn’t matter which one you try first. Step 5. Turn on Show Markers in Section 3. Step 6. Go to the chart and checkout where the markers show up. Blue is up and red is down. Long trades show up along the blue markers and short trades on the red. Step 7. Make adjustments to Base To Vertex and Vertex To Base net change and roc in section 3. Use these fields to move the markers to where you want trades to be. Blue is long and red is short. Step 8. Try a different indicator from section 3 and repeat Step 7 until you find the best match for this instrument on this interval. This step is complete when the Vertex settings and indicator combination produce the most favorable results. Step 9. Turn off Show Markers in Section 3. Step 10. Enable the Symmetrical and Deviation calculation models at the top of section 5 and 6 (Symmetrical, Deviation). Step 11. Put in your Minimum Profit and Stop Loss in the first section. This is in pips or currency basis points (chart right side scale)
 Step 12. Return to step 3 and select a Trading Mode (Long, Short, BiDir, Flip Flop). If you are planning to trade bidirectionally its best to configure long first then short. Combine them with BiDir or Flip Flop after setting up both sides of the trade individually.
 Step 13. Trades should be showing on the chart. Step 14. Make adjustments to the Vertex fields in section 3 until the TradingView performance report is showing a profit. Step 15. Change indicators and repeat step 14. Pick the best indicator. Step 16. Use the check boxes in sections 5 and 6 to improve the performance of each side. Step 17. Try adding the Correlation calculation model to either side. This model can sometimes produce a negative result but can be improved by enabling “Adhere To Markers” or “Narrow Correlation Scope” in the sections 5 and 6. Step 18. Enable the reporting conditions in section 7. Look for long runs of consecutive losses or high debt sequences. These are indications that your trading system cannot withstand sudden changes in market sentiment. Step 19. Examine the chart and see that trades are being placed in accordance with your desired trading model. Step 20. Apply the backtest settings to the study version and perform forward testing. This script is open for beta testing. After successful beta test it will become a commercial application available by subscription only. I’ve invested quite a lot of time and effort into making this the best possible signal generator for all of the instruments I intend to trade. I certainly welcome any suggestions for improvements. Thank you all in advance.
Strategia Pine Script™
od tradingtudi
36
Backtest PREMIUM Suite+ (Plug & Play)Hello traders I. 💎 SCRIPTS ACCESS AND TRIALS 💎 1. For the trial request access, they have to be done through my website . 2. My website URL is in this script signature at the very bottom (you'll have to scroll down a bit and going past the long description) and in my profile status available here : Daveatt Due to the new scripts publishing house rules, I won't mention the URL here directly. As I value my partnership with TradingView very much, I prefer showing you the way for finding them :) 3. Many video tutorials explaining clearly how all our indicators work are available on our website > guides section. 4. You may also contact me directly for more information II. 🔎 Backtest PREMIUM Suite+ (Plug & Play) 🔎 2.1 Forewords This indicator is available only to our PREMIUM 12 months users. YES! I said indicator, and not strategy or backtest for an excellent reason. We wanted to make it as generic as possible and allow anyone to connect any indicator of his/her choice in a few clicks only. This is NOT possible (in TradingView) with a strategy/backtest, but only with an indicator - that's why we worked on recoding the whole backtest logic as an indicator. The PRO edition does not handle any pyramiding/re-entry - as such enters only once per trend by design. This feature is reserved for our PREMIUM users. 2.2 Concept This is an indicator that I saw on TradingView and was introduced by the @Pinecoders account on TradingView. I inspired myself from his Backtest Engine to offer a version more adapted to my vision - The benefits of connecting yourself any indicator to our Backtest engine are amazing and huge. The concept can't be more simple. Imagine using any indicator and connecting to a backtest system in a single click. You may connect your Algorithm Builder also to this complete backtesting system in a single click. What's better between paying thousands for each backtest, or connecting yourself your indicators to your backtest with a click? That was a rhetoric question, but you can still share your answer with me if you want to :) III. The amazing benefits of our🔌&🕹️ (Plug&Play) system Issue #1 💲 A BACKTEST SYSTEM IS COSTLY 💲 Hiring a developer to code a custom indicator is costly. For a custom backtest it's even more expensive as those scripts are very often way more complicated. Now imagine, that now that you see your idea live on a chart, you'll realize you'll have to finance another backtest system, as the one you have is not compatible with your new idea. Solution #1 💲💲 YOU COULD BE SAVING SOME MONEY 💲💲 just because it won't be needed to hire someone else for each of your trading idea. We will never guarantee your success on the market, but THIS I stand by it any day any hour. You can connect any indicator or your choice by updating your indicator slightly and connecting it to our Backtest engine. We send the tutorial for doing it to all our customers. Issue #2 🕔 IT'S TIME-CONSUMING 🕔 Even if someone is doing all the coding for you, it might require days/weeks depending on your overall trading strategy/idea. Without even counting the time for you to test/validate the work done and all the back-and-forth to fix all the issues. Solution #2 SAVING TIME MIGHT EQUATES TO SAVING MONEY : 🕔 = 💲💲💲 I wish it could be as easy as going from weeks of coding to "1 single click" :) I did the heavy-lifting, but you'll have to make the last effort the cross the finishing line. I made it easy for you to play with it and find a configuration that makes sense to YOU and for your strategy/asset/timeframe Issue #3 ❌ IT'S COMPLICATED ❌ Someone did a backtest code for you, but... you can't update it because you either : - don't know anything in programming - ... and don't have time to learn (most of us have a job/family/...life) - The system you have is way too specific for one of your previous idea, but can't be updated easily for your next trading ideas. I see a lot of traders nodding right now thinking "that's soooooo true !!!!" Solution #3 🎉 WE MADE IT EASY AND FUN 🎉 Our goal is to externalize the technical stuff that you don't want to take care of - so that you can finally focus on your trading and optimizing your ideas. #bold #statement In case you're wondering, no we're not reading your mind :), but we're also traders who didn't know how to code before and had to hire external programmers to do the heavy work for us. You can be sure that most of the frustrations (trading, technical, ...) you have/had, we had them also and that's why we created this backtest indicator. III. 🔌&🕹️ Hope you're ready to be impressed. Because, what I'm about to introduce, is my best-seller feature - and available across many of my indicators. In TradingView, there is a feature called "Indicator on Indicator" meaning you can use an external indicator as a data source for another indicator. I'm using that feature to connect any external indicator to our Backtest PREMIUM Suite+ (Plug & Play) - hence the plug and play name. Please don't make it a plug and pray :) it's supposed to help you out, not to stress you even more Let's assume you want to connect your Algorithm Builder Multiple Trends+ to your Backtest PREMIUM Suite+ I mentioned an Algorithm Builder but you may connect any oscillator (MACD, On balance volume, stochastic RSI, True Strenght index, and many more..) or non-oscillator (divergence, trendline break, higher highs/lower lows, candlesticks pattern, price action, harmonic patterns, ...) indicators. THE SKY IS (or more likely your imagination) is the limit :) Fear no more. The Plug&Play technology allows you to connect it and use it the backtest calculations. This is not magic, neither is sorcery, but certainly is way beyond the most awesome thing I've ever developed on TradingView (even across all brokers I know). #bolder #statement TradingView is the best trading platform by far and I'm very grateful to offer my indicators on their website. To connect your external indicator to ours, we're using a native TradingView feature, which is not available for all users. It depends on your TradingView subscription plan ( More info here ) If you intend to use our Algorithm Plug&Play indicator, and/or our Backtest Plug&Play suites, then you must upgrade your TradingView account to enjoy those features. We value our relationship with our customers seriously, and that's why we're warning you that a compatible TradingView account type is required - at least PRO+ or PREMIUM to add more than 1 Plug&Play indicator per account. We go in-depth on our website why the Plug&Play is an untapped opportunity for many traders out there - URL available on my profile status and signature IV. 📊 Make it nice! 📊 Now we're getting right into the fun stuff. Let's explore briefly each display option (symbolized by an 👁️‍🗨️ in the Backtest UI) : - Color Traded Background : Color the chart background is green when in a BUY trade, in red when in a SELL trade. If the Backtest is not in a trade, then the background won't be colored. - Show Entry/Exit Markers : Displays the entries (Enter Long/Enter Short), and exits (Exit Long/Exit Short) labels. - Show Entry Level : Displays a blue level line to easily identify the entry price of a trade. - Show Take Profit Level : Display a purple line to visualize where the Take Profit level is (we'll explain below how to set it up). - Show In-Trade Stops : Display the stop-loss V. Backtesting filters A backtest should have some filters helping the traders testing a few hypotheses. Well.... we included a ton of them. Once again, thank you @Pinecoders for the help and support you gave me 5.1 ↑ Trade Direction ↓ - Both: The backtest takes the BUY, and SELL trades. - Longs only/Short only: To be used if the trader wants to take the trades in a unique direction only 5.2 ▲🔷Pyramiding🔷▼ The Backtest PRO allows 1 entry per identified trend Pyramiding has many names such as Re-entry, secondary trend, Additional entry, ... Basically, it refers to entering multiple times in the same trend. Maximum Number of Pyramiding Entries: Literally the max number of re-entries in the same trend. For instance, if set to 2, then depending on the signals, you'll get at most 2 re-entries in the same trade direction. - Position Size Multiple of Original Entry Position: Option to add X multiples of the original position size for the re-entries. Example: Position size multiple = 2, and First entry size is $100. Then, the re-entries position sizes will be ($100 X 2 = $200). 5.3 ▄ █ Position sizing █ ▄ - 1. % of Equity: If selected, the position size used is the input to the right of 1. % of Equity. Example: The trader starts with a capital of 100K. After a winning trade, your total capital is $103K - for the next trade the position size will be 3% of $103K - 2. % of Capital: If selected, the position size used is the input to the right of 2. % of Capital. In other words, the position size will always be the same position size as calculated on the initial capital. Example: The trader starts with a capital of 100K. After a winning trade, your total capital is $103K - for the next trade the position size will be 5% of $100K. (As 100K is the initial capital used in our dummy example) 5.4⛔ Entry Stops and In-Trade Stops ⛔ We didn't reinvent the wheel here. Any good backtest should offer an entry stop-loss and an in-trade stop-loss. Giving only here also an example among all the use cases. For instance, the trader sets a stop-loss 2% at the time of entry on your trade, but once the trade moves in the desired direction, the trader might want a trailing stop-loss using a 4% input. Example: A trader goes LONG on only 1 "ABC" stock evaluated $10 per share. 1) The entry-stop loss will be 2% away so set at $8 2) A candle 3) The trailing stop will activate, and move the stop-loss from the entry stop-loss level (=$8) to $8.32 (=4% move up from $8) - and so on, and so forth for each time the price moves 4% up The entry and in-trade stop losses can absolutely be identicals. There is no universal rule, and as always you know the drill - all depends on your backtest, and trading strategy as a whole. 5.5 ❌ Hard Exits ❌ ⚠️The Backtest PRO Suite offers the hard exit on MACD only. Our Backtest PREMIUM Suite offers 2 more indicators to invalidate your trades on : 1. MACD 2. Trend Direction 3. RSI divergence (Regular, and Hidden) The hard exit (or invalidation) is a fundamental part of my trading method. I explained numerous times on TradingView, our website, and social media channels why I "love" this concept so much, and how it saved my trading account numerous times from getting savagely wrecked by the market. 5.6 💲💲 Take Profit 💲💲 We only included 1 level of Take Profit so far. We'll work on adding at least one more soon. You can set your Take Profit level based on either a: 1- Fixed value 2 - Percentage value 5.7 📆 Date Range Filtering 📆 If enabled, the backtest only uses the data between the starting and the ending dates of the defined range. 5.8 ⏱️ Hourly Range Filtering ⏱️ Please note that the hours filtering is based on the broker time - not on your chart time. In other words, if your chart is UTC+1, but you're trading an asset from a US EAST COAST broker, then the timezone used is the UTC-4 timezone. You'll must be wary of this when filtering and probably do a quick (but simple) calculation before setting up this option. The easiest would be to set your chart timezone on the broker local timezone (and no math is needed). Let's add a quick note that the hourly filter is also included in our Algorithm Builders PRO/PREMIUM 12 months. #shameless #self #advertising 5.9 ❗❗ Fees and Slippage ❗❗ Too often completely ignored by many traders, the fees can eat gains out quickly/deepen one's capital faster than expected. ⚠️The fees vary between brokers, and asset traded - it could be recommended to check on your broker page what are the fees for the asset on your chart, and insert that percentage number. Another cost ignored, even more, is the Slippage. i.e. think about a Stop-Loss being hit, and we're so confused because we see on the chart that NEVER the price came even close to your SL level, but... it got hit anyway. Yes! we know how frustrating it is, but that's the game we're playing, and trading should never be about blaming the game, but only blaming the players/traders/ourselves. Blaming the game constantly is likely to not end with good performance results, but accounting for this "risk", and being able to quantify it is an incredible hedge. #bold #statement #level #10000 5.10 🔔 Alerts 🔔 By design, the alerts aren't available for strategy scripts. But this script is an... indicator so why should we not enjoy all the cards in our hands the fullest. We enabled the alerts on the: 1. Main BUY/SELL Entry 2. Pyramiding BUY/SELL Entries 3. Exit Signals such as stop-loss, take-profit, hard-exits You're welcome :) VI. 📝 Where are the backtest results? 📝 Answer: in the Data Window section of your TradingView Now the cherry on the cake if we might say so. A backtest is cool, but visualizing results is actually the end goal here. Our PREMIUM users benefit from way more analytics than the PRO users. More info available on our website. The Data Window is dynamic - it means whenever you'll mouseover at a give time on your chart, the data on that panel automatically updates. Let's assume you're backtesting your idea between Sept 1st, 2019, and Oct 1st, 2019. If your mouse cursor is located (or hovered) at a candle on Sept 14th, 2019 (data chosen randomly for this example), then the data displayed only includes the results between Sept 1st, and Sept 14th. More info available on our website with a nice tutorial video. Data window metrics and filters explained on our website Here's what the data window looks like: imgur.com If you have any doubt or question, please hit me up directly or ask in the comments section of this script. I'll never claim I have the best trading methodology or the best indicators. You only will judge and I'll appreciate all the questions and feedback you're sending my way. They help me a ton to develop indicators based on all the requests I received. Kind regards, Dave
Wskaźnik Pine Script™
od Daveatt
6
Gaussian Acceleration/Deceleration by KviateqBill Williams' AC (Acceleration/Deceleration), made using Gaussian-smoother Moving Averages and a 5-period EMA instead of the usual SMA. Since Gaussian MA's are faster reacting than the typical SMAs values have been adjusted accordingly. See also Gaussian Alligator and GaussianAO for a complete gaussian chaos trading system. These scripts are made to honor Bill and his amazing work and my humble attempt at contributing to his work
Wskaźnik Pine Script™
od hundredtoamillion