TradingView
profghibli
31 Th12 2018 21:07

WaveTrend [LazyBear] Backtestable  

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Mô tả

Written as a custom script for WillStar44

The underlying indicator is written by @LazyBear and a visual update was previously written by @lonestar108. I did try to reach out to LazyBear, but as you know he has not been active on TV for years... The indicator is an oscillator, tends to give lots of false positives, so additional conditions need to be used (probably simply using crosses alone is not a good idea).

Style 1 makes the backtest of Enter Long on every green cross, and Enter Short on every red cross. Style 2 however only uses green crosses when the oscillator is in oversold zone and red crosses in the overbought zone. That way, as you can see there are some amazing entries and exits. BUT at the same time, that way you can stay against the trend for a long time, there is no innate "get me out" mechanism, so if you use Style 2, a Stop-Loss is a MUST!

Additionally, from my side %-based Stop-Loss, Take Profit and Trailing Stop are added.

If you wish to use this, drop a PM.

Thanks, LazyBear and LoneStar108
__________________________________________________________________________

To opt NOT to use take profit or stop loss or trailstop just set the corresponding % to 0

Be careful of TradingView's way of calculating Trailing Stop Loss that always assumes the price inside the candle always moved in the direction that favors the trade in the backtest

More here: backtest-rookies.com/2018/06/08/...
__________________________________________________________________________

If you are an authorized user of this script and something is not working/looks wrong please PM me.
Bình luận
aliwithtaozi
May I get the access to this script? Thanks :-), sent you the PM.
MiOO7
May I use your indiator? Thanks a lot in advance!
delliott5
I think its a real cheek to use someone else IP (like LazyBear) which has given you a major leg up and then to lock it - its a real pity you didn't start from scratch just like he did.
profghibli
@delliott5, lol I have no idea what you are mad about. First of all, LazyBear also didn't "start from scratch", he ported this indicator from another platform. Next, the amount of IP here that I added is more than what LB had added by translating this from another platform. Third, this was a script that someone paid me to make for them (which you'd know if you read description). It never was meant to be public. At this point I don't even remember why it's appearing in public libraries, must have something to do with how the client wanted it done or maybe was my genuine mistake. But it's funny that you say this as if I get some benefit or something for this being public but locked. I don't really care and would love to be able to delete this script from the public library, if that were possible, unfortunately it's not.
M_O156
Can I use this indicator please
himanshusharmag22
please allow me
Arju91
May I please use your indicator sir? Thanks a lot in advance
godsey23
Hello could I get access?
checkmate0388
Stop making scripts private and make it public already. Why bother getting bombarded with requests?
leeweilane
May I use your indiator? Thanks a lot
Thêm nữa