today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot, which works great on High Timeframes (1D is suggested) but also on lower ones (just write me in order to help you find correct settings) and even better on 1m Renko chart! If you are a scalper, you will love suggested entries for fast profit. You can run it on 1h timeframe (below is not suggested, there is "no-trend" below 1h!) if you are used to scalp trading and close each trade whenever you feel happy (a proper trailing stop strategy is suggested anyway).
This strategy differs for the engine used as basis, but has the same usage settings:
enable/disable signals on chart
enable/disable showing trend cloud
enable/disable bar coloring based on trend
enable/disable background coloring based on trend
edit trend period length (direct message me in order to help you fine best settings)
edit a smart variant option to enhance the trend cloud on your chart
enable/disable an option to smart enter trade
This strategy only trigger 1 buy or 1 sell. In order to get notified when a signal is triggered, you need to use the "alarms" version of this indicator.
Strategy results are calculated on the timeframe from December 2012 to now, so on 8 years, using 10000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far). This is not the "Holy Grail", so use a proper risk management strategy.
This script will let you set all notifications you may need in order to be alerted on each triggered signals. The one for backtesting purpose can be found by searching for the astropark's "trend is your friend v3" and then choosing the indicator with "strategy" suffix in the name, or you can find here below tradingview.com/script/RsQoPefq-astropark-Trend-Is-Your-Friend-V3-strategy/
This is a premium indicator, so send me a private message in order to get access to this script.
Phát hành các Ghi chú
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Added a label which highlights peak profit point of the trade (multiplied for the leverage you use in trades, 10 by default).
Phát hành các Ghi chú
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added Heikin Ashi analysis while staying in normal candlesticks chart (you can enable/disable it)
added "peak profit tracker label" (you can enable/disable it)
added options to define specific timeframe to test (from a specific date/time to a specific date/time)
added option to backtest only long trades or only short trades or both