This strategy uses a new concept called Relative Strength of Pivots. The concept emanates from the fact that the market weakness starts from bottom to top when it comes to pivot as against top to bottom in conventional indicators. It signals long if the daily pivot shows better strength than monthly pivots and short if the daily pivot shows weaker strength than...
Hello Everyone This Strategy Base on CPR By Default 1 Percentage TP AND 0.5 Percentage Sl & quantity 500 By Default Backtesting Starting Time 1 Jan 2020 and end time 31 Dec 2020 You Can also change everything. In future, I will Enhance this Strategy if you have any suggestion Mention here Thank you so much
This Indicator has to be used as a censorship as under: Do not go long (STRICTLY) when the following is observed: (ie, either go short if any other indicator supports or do nothing) a) If the histogram is lower than the previous histogram; in other words sloping downwards. Do not go short (STRICTLY) when the following is observed: (ie, either go long if any...
The Pivot Reversal strategy script uses pivot points to create a support and resistance level; based on this levels the strategy creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines. A configurable trailing-stop and stop-loss is being used to exit an open position. How to use The strategy works with all timeframes; the...
I am looking for critique on this strategy based on LazyBear's Wavetrend indicator. The drawdown is high but profits are pretty impressive.
Breakout above previous pivot points trigger a long. Close below pivot lows trigger the exit. Most effective during trends.
The strategy calculates highs and lows of the previous week, and uses them as resistance and support lines. If crossing such resistance/support lines, the strategy enters a long or short position, and exists an open position with predefined profit-targets and a stop-loss.
This is a Camarilla pivot based trading strategy. It falls under the category of initiative trading strategy and not responsive trading strategy. This strategy buys or sells when price crosses Camarilla 4th level and exits at the close of the day or it breaches Camarilla 3rd level. Backtested results are not guaranteed to perform in the future. Hence please use it...
Continue looking for more signifcant pivot points. This script is based on my "Significant Pivot Reversal Strategy". In this strategy I use concept of pivot of pivot points. So for PoP I require that pivot highs point should have 2 lower pivot highs points around them and pivot low 2 higher pivot lows points. Transparent lines represent usual pivot levels...
This script is a trading strategy that is based on mathematical calculations of the average price on a chart for a certain period of time (EMA). It is recommended to use an indicator (script Vilarso Bot) using a chart with a time frame of 1 hour. On other timeframes, the trading strategy will be less effective. The indicator (script Vilarso Bot) is well suited...
This strategy contains 32 different presets that have each been fine-tuned to a different behaving market. Find one that works best for your market of choice by scrolling through the presets. You can check the suitability of a preset by looking at the Strategy Tester tab results. This strategy finds possible lows and possible highs using several different...
Samurai Sword is an add on tool for Ninja Scalper and the next evolution of the Trend Trade Indicator. It auto plots the fib retracement to speed up target acquisition support and resistance areas based on the formula to increase the success rate of trade entry and exits. None of this is to be taken as investment advice but rather Edutainment and infotainment...
I'm working on improving the Pivot Points Reversal Strategy. As one of the ways to filter out insignificant levels I decided to check that pivot point is not above/below neighbors, but check that it's above/below at least by a certain amount. I use ATR, so in params, you can set length of ATR and also ATR multiplier. The new level will be calculated only if PP...
This indicator is designed to help you visualize the high timeframe market structure breaks and shifts in trend. It finds local swing highs and lows, and defines the market structure based on them. Break above the blue line = market structure is bullish, look for long/buy Break below the red line = market structure is bearish, look for short/sell I wrote it...
This strategy joins the Pivot Reversal strategy with the RSI indicator. We check RSI level at the pivot point level and only if RSI condition is satisfied we update levels for stop orders. The strategy works pretty good for crypto, 30m, 1h, 2h timeframes.
Version 1.0 This script uses cycle values to create arrow triggers for support/restiance strategy
Its a break-out strategy with simple rules and strict money management (every trade risk 1% of the equity) Entry happens on breakout of significant swing points. Initial stop loss is on the opposite swingpoint and will be trailed by multiple factors including a maximum distance to the current price. Works best on BTCUSD on H4. Also good results on higher...