TigerBot RSI + Stochastic Skeleton (Faster Backtesting)The logic for this strategy is based on a combination of the Relative Strength Index (RSI) indicator and the Stochastic formula. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
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TigerBot RSI + Stochastic Strategy (Backtesting)The logic for this strategy is based on a combination of the Relative Strength Index (RSI) indicator and the Stochastic formula. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the STRATEGY version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot MFI + HA Skeleton (Faster Backtesting)The logic for this strategy is based on a combination of the Money Flow Index (MFI) indicator and Heiken Ashi (HA) candles that run in the background. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot MFI + HA Strategy (Backtesting)The logic for this strategy is based on a combination of the Money Flow Index (MFI) indicator and Heiken Ashi (HA) candles that run in the background. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the STRATEGY version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot Automatic Fibonacci Skeleton (Faster Backtesting)The logic for this strategy is based on Automatic Fibonacci reversal trend calculations. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot Automatic Fibonacci Strategy (Backtesting)"The logic for this strategy is based on Automatic Fibonacci reversal trend calculations. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the STRATEGY version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation! "
TigerBot RSI + BB Skeleton (Faster Backtesting)The logic for this strategy is based on a combination of the Bollinger Bands (BB) and the Relative Strength Index (RSI) indicators. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot RSI + BB Strategy (Backtesting)The logic for this strategy is based on a combination of the Bollinger Bands (BB) and the Relative Strength Index (RSI) indicators. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the STRATEGY version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot Fibollinger Skeleton (Faster Backtesting)The logic for this strategy is based on a combination of Fibonacci lines applied inside of the Bollinger Bands (BB) indicator. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot Fibollinger Strategy (Backtesting)The logic for this strategy is based on a combination of Fibonacci lines applied inside of the Bollinger Bands (BB) indicator. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the STRATEGY version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot MACD + SMA Skeleton (Faster Backtesting)The logic for this strategy is based on a combination of the Moving Average Convergence Divergence (MACD) and the Simple Moving Average (SMA) indicators. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot MACD + SMA Strategy (Backtesting)The logic for this strategy is based on a combination of the Moving Average Convergence Divergence (MACD) and the Simple Moving Average (SMA) indicators. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the STRATEGY version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot Percentage Tracker Skeleton (Faster Backtesting)The logic for this strategy is based on percentage of price movement within a given time frame. It works both as a momentum catcher and a reversal catcher. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot Percentage Tracker Strategy (Backtesting)The logic for this strategy is based on percentage of price movement within a given time frame. It works both as a momentum catcher and a reversal catcher. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the STRATEGY version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot Moon Phase Skeleton (Faster Backtesting)The logic for this strategy is based on the phases of the moon, and tends to work especially well on commodities. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the SKELETON version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
TigerBot Moon Phase Strategy (Backtesting)The logic for this strategy is based on the phases of the moon, and tends to work especially well on commodities. Customize the input parameters and test on various charts and timeframes for maximum profit potential.
Note: This is a TigerBot Strategy, which means that it is set up and ready for you to use it with our full set of automation and risk management features such as:
Thorough event triggers for automated order execution
Profit/Loss Zones
Profit/Loss Indicators
Take Profit
Normal Stop Loss
Trailing Stop Loss
Advanced Trailing Stop
Profit Locker Stop Loss
Advanced Pyramiding Support
Leverage Support
Much more
Each TigerBot Strategy includes a set of 3 scripts that belong together:
STRATEGY - used for full-featured customization with all our visuals
STUDY - with alert triggers for automation
SKELETON - for faster backtesting without the visuals enabled
This is the STRATEGY version of this script. Please also see the other 2 related scripts.
Visit TheTigerBot.com to gain access and take advantage of the full TigerBot features on this strategy, or submit your own script for TigerBot automation!
Deviation Back Tester (Great for Credit Spreads)!Error with math fixed in this one. Please use this one.
This is great for credit spreads! Lets say you wanted to know if you had sold a 15% OTM Bull Put vertical 2 months out, how often would you win? This Turns green if you would have been correct with your credit spread had it expired on that date, or red if you would've been wrong. Great for Back testing!
This could also be used for ATM debit spreads credit spreads etc. Example, how often does SPY deviate outside a 10% range relative to two months, 5% (if your doing straddles perhaps) etc.
This Can be used with any stock.
PLEASE KEEP IN MIND THAT IT TESTS DEVIATION IN BOTH DIRECTIONS. THEREFORE IT WILL HIGHLIGHT RED ON BOTH THE UPSIDE AND DOWNSIDE. WHEN BACKTESTING BE SURE TO CHECK WHETHER IT IS RED BECAUSE OF DOWNSIDE OR UPSIDE.
RSI-Adaptive T3 + Squeeze Momentum Strategy✅ Strategy Guide: RSI-Adaptive T3 + Squeeze Momentum Strategy
📌 Overview
The RSI-Adaptive T3 + Squeeze Momentum Strategy is a dynamic trend-following strategy based on an RSI-responsive T3 moving average and Squeeze Momentum detection .
It adapts in real-time to market volatility to enhance entry precision and optimize risk.
⚠️ This strategy is provided for educational and research purposes only.
Past performance does not guarantee future results.
🎯 Strategy Objectives
The main objective of this strategy is to catch the early phase of a trend and generate consistent entry signals.
Designed to be intuitive and accessible for traders from beginner to advanced levels.
✨ Key Features
RSI-Responsive T3: T3 length dynamically adjusts according to RSI values for adaptive trend detection
Squeeze Momentum: Combines Bollinger Bands and Keltner Channels to identify trend buildup phases
Visual Triggers: Entry signals are generated from T3 crossovers and momentum strength after squeeze release
📊 Trading Rules
Long Entry:
When T3 crosses upward, momentum is positive, and the squeeze has just been released.
Short Entry:
When T3 crosses downward, momentum is negative, and the squeeze has just been released.
Exit (Reversal):
When the opposite condition to the entry is triggered, the position is reversed.
💰 Risk Management Parameters
Pair & Timeframe: BTC/USD (30-minute chart)
Capital (simulated): $30,00
Order size: `$100` per trade (realistic, low-risk sizing)
Commission: 0.02%
Slippage: 2 pips
Risk per Trade: 5%
Number of Trades (backtest period): 181
📊 Performance Overview
Symbol: BTC/USD
Timeframe: 30-minute chart
Date Range: January 1, 2024 – July 3, 2025
Win Rate: 47.8%
Profit Factor: 2.01
Net Profit: 173.16 (units not specified)
Max Drawdown: 5.77% or 24.91 (0.79%)
⚙️ Indicator Parameters
Indicator Name: RSI-Adaptive T3 + Squeeze Momentum
RSI Length: 14
T3 Min Length: 5
T3 Max Length: 50
T3 Volume Factor: 0.7
BB Length: 27 (Multiplier: 2.0)
KC Length: 20 (Multiplier: 1.5, TrueRange enabled)
🖼 Visual Support
T3 slope direction, squeeze status, and momentum bars are visually plotted on the chart,
providing high clarity for quick trend analysis and execution.
🔧 Strategy Improvements & Uniqueness
Inspired by the RSI Adaptive T3 by ChartPrime and Squeeze Momentum Indicator by LazyBear ,
this strategy fuses both into a hybrid trend-reversal and momentum breakout detection system .
Compared to traditional trend-following methods, it excels at capturing early trend signals with greater sensitivity .
✅ Summary
The RSI-Adaptive T3 + Squeeze Momentum Strategy combines momentum detection with volatility-responsive risk management.
With a strong balance between visual clarity and practicality, it serves as a powerful tool for traders seeking high repeatability.
⚠️ This strategy is based on historical data and does not guarantee future profits.
Always use appropriate risk management when applying it.
SMA Backtest Optimizer [Mr_Rakun]The SMA Backtest Optimizer is a powerful Pine Script tool designed to systematically analyze and compare various Simple Moving Average (SMA) periods to identify the most profitable configuration for trading strategies. This indicator tests multiple SMA periods (from 10 to 100) using a crossover strategy where buys occur when price crosses above the SMA and sells when price crosses below it.
Key Features:
Tests 10 different SMA periods to determine optimal settings
Calculates profit/loss based on a defined starting capital
Tracks total profit and number of trades for each period
Visually highlights the best performing SMA on your chart
Displays comprehensive results in an easy-to-read table
Labels the chart with key performance metrics
This code serves as a core framework that traders can customize for their specific needs. You can easily modify the strategy parameters, test different technical indicators, adjust capital settings, or implement more complex entry/exit rules. The optimization methodology can be applied to virtually any trading approach you wish to evaluate.
Feel free to adapt this framework to test your own trading ideas and discover which parameters work best in different market conditions.
Multi Indicator Buy/Sell with BacktestThis backtest indicator allows you to configure up to 4 different indicators and set buy/sell levels for each one, then back test how well your strategy would have worked over a given time period.
EMA Crossover Backtest [BarScripts]This indicator lets you backtest an EMA crossover strategy with built-in risk management and trade tracking. It simulates long and short trades based on EMA crossovers, allowing you to fine-tune entry conditions, stop-loss placement, and reward/risk settings.
🔹 How It Works:
Long Entry: Fast EMA crosses above Slow EMA, and price closes above Fast EMA.
Short Entry: Fast EMA crosses below Slow EMA, and price closes below Fast EMA.
Stop Loss: Set based on previous bars or a fixed amount.
Take Profit: Adjustable reward/risk ratio.
Higher Timeframe Confluence: Confirms trades based on a larger timeframe.
Trade Hours Filter: Limits trades to specific time windows.
🔹 Key Features:
✅ Shows Entry & Exit Points with visual trade lines.
✅ Customizable EMA Lengths to fit any strategy.
✅ P&L Tracking & Statistics to measure performance.
✅ Position Sizing Options: Fixed position, fixed risk, or percentage of balance.
✅ Commissions Tracking (based on total trades, not contracts).
Use this tool to fine-tune your EMA crossover strategy and see how it performs over time! 🚀
💬 Let me know your feedback—suggest improvements, report issues, or request new features!
Machine Learning IndexesMachine Learning Indexes Script Description
The Machine Learning Indexes script is an advanced Pine Script™ indicator that applies machine learning techniques to analyze various market data types. It enables traders to generate adaptive long and short signals using highly customizable settings for signal detection and analysis.
Key Features:
Signal Mode: Allows the user to choose between generating signals for "Longs" (buy opportunities) or "Shorts" (sell opportunities).
Index Type: Supports multiple index types including RSI, CCI, MFI, Stochastic, and Momentum. All indexes are normalized between 0-100 for uniformity.
Data Set Selection: Provides options for analyzing Price, Volume, Volatility, or Momentum-based data sets. This enables traders to adapt the script to their preferred market analysis methodology.
Absolute vs. Directional Changes: Includes a toggle to calculate absolute changes for values or maintain directional sensitivity for trend-based analysis.
Dynamic Index Calculation: Automatically calculates and compares multiple index lengths to determine the best fit for current market conditions, adding precision to signal generation.
Input Parameters:
Signal Settings:
Signal Mode: Selects between "Longs" or "Shorts" to define the signal direction.
Index Type: Chooses the type of market index for calculations. Options include RSI, CCI, MFI, Stochastic, and Momentum.
Data Set Type: Determines the basis of the analysis, such as Price, Volume, Volatility, or Momentum-based data.
Absolute Change: Toggles whether absolute or directional changes are considered for calculations.
Index Settings:
Min Index Length: Sets the base index length used for calculations.
Index Length Variety: Adjusts the increment steps for variations in index length.
Lower/Upper Bands: Define thresholds for the selected index, indicating overbought and oversold levels.
Signal Parameters:
Target Signal Size: Number of bars used to identify pivot points.
Backtest Trade Size: Defines the number of bars over which signal performance is measured.
Sample Size: Number of data points used to calculate signal metrics.
Signal Strength Needed: Sets the minimum confidence required for a signal to be considered valid.
Require Low Variety: Option to prioritize signals with lower variability in results.
How It Works:
The script dynamically calculates multiple index variations and compares their accuracy to detect optimal parameters for generating signals.
Signal validation considers the chosen mode (longs/shorts), data set, index type, and signal parameters.
Adaptive moving averages (ADMA) and Band Signals (BS) are plotted to visualize the interaction between market trends and thresholds.
Long and short signals are displayed with clear up (L) and down (S) labels for easy interpretation.
Performance Metrics:
Success Rate: Percentage of valid signals that led to profitable outcomes.
Profit Factor: Ratio of gains from successful trades to losses from unsuccessful trades.
Disclaimer:
This indicator is for informational purposes only and does not guarantee future performance. It is designed to support traders in making informed decisions but should be used alongside other analysis methods and risk management strategies.
[TTI] Ned Davis Thrust Signal
HISTORY AND CREDITS–––––––––––––––––––––––––––––––––––––––––––––––––––––––
The indicator is inspired by studies from Ned Davis' NDR Institutional Service. I have shared before the backtest of this indicator, and now have coded it for TradingView so that you can have it on your charts.
WHAT IT DOES––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Thrust indicator gave a BUY signal with NYSE advancing stocks leading declining stocks by better than 1.91 to 1 over the last 10 trading sessions and a SELL signal when the ratio is less than 0.5
HOW TO USE IT–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
I use the indicator as a gauge tool, in other words it is a piece of the puzzle to justify bullish or bearish trades. I put this type of analysis in my secondary tools that give me additional confidence for market direction and aggressiveness in my trading
