mcristianrios

VEST [mcristianrios] Strategy

VEST is the intelectual part of two indicators to enter and exit Long or Short trades with ease.

The core functionality will not be fully explained but why VEST?

  • Volume: There are three configurations base on Volume in order to operate in favor of the market.
  • Ema vs Ema: There are three configurations base on two EMAs crossing each other.
  • Super Trend: If trend goes Long why not? Volume and EMA alone are not enough and it works as a filter to avoid not favorable trades. Factor and ATR Length are configurable.

What else do you I to offer? Oh yeah!

Going with the idea of managing risk VEST can enable up to 7 TP signals. So, if profit pips is 100 at 1:1 and take profit 2.5:1 is enabled we'll have: TP: 250pips and SL: 100pips

What markets can this indicator be used on?

Only Forex.

What time-frames can this indicator be used on?

This indicator can be used from 5 minutes up to 37 minutes.

Does Study Indicator repaint?

No

-- It should be configured to send alerts Once Per Bar Close

* Besides that the only functionality of the Study Indicator is to send Alerts *

Does the study indicator fill SL Price and TP Price on alerts?

Yes, it certainly does having one alert per Take Profit.

So can I automate this?

Of course yes! And alert messages are set by default to work with TradingConnector.

As a preview suggested configuration for a Long 2.5:1 operation looks like: long tradesymbol={{ticker}} slprice={{plot("SLLong")}} tpprice={{plot("TPLong25")}}



-----------------------------------------------------------------------------------------

This is not a free to use indicator. Get in touch with me if you would like access to both indicators for a free trial before deciding on a paid access for a period of your choice.

-----------------------------------------------------------------------------------------
Notas de prensa: There were some little changes in this version:

  • Showing ema vs ema
  • Small fix in third ema vs ema configuration.
  • Changes in default configuration.

Including now background candles that are part of the second script (Study) that is ready be used.
Script solo mediante invitación

El acceso a este script está restringido a los usuarios autorizados por el autor y, por regla general, es de pago. Puede añadirlo a sus favoritos, pero solo podrá usarlo si solicita permiso al autor y éste le autoriza. Póngase en contacto con mcristianrios para obtener más información o siga las siguientes instrucciones del autor.

TradingView recomienda no comprar ni utilizar un script si su autor no le ofrece total confianza o cuando no entienda cómo funciona. En muchos casos, puede encontrar una buena alternativa de código abierto de forma gratuita en nuestros Scripts de la comunidad.

¿Quiere utilizar este script en un gráfico?

Advertencia: Por favor, consulte antes de solicitar acceso.