QuantNomad

MTF Trailing SL Strategy [QuantNomad]

This is a Multi-Timeframe version of my Trailing SL Strategy.
Few weeks ago I published Trailing SL Strategy. There I used only basic Trailing SL to enter positions.
It worked pretty well so I tried to work on it a bit. I thought what if you can use the same ATR TSL on different timeframes and combine them into one signal.
In this strategy you can use only ATR stops and choose 3 other higher timeframes in addition to your current timeframe.
You'll see Trailing SL plotted on the chart form all these timeframes.

Entry Long position if all 4 time-frames agree on long signal.
Exit Long positions when at least 2 time-frames disagree on long signal.

Entry to Short position if all 4 time-frames agree on Short signal.
Exit from Short positions when at least 2 time-frames disagree on Short signal.

Here is the link to my basic Trailing SL Strategy:

Phát hành các Ghi chú: Fixed backtesting range
Phát hành các Ghi chú: Updated the way I get the data from Higher Timeframe
Gỡ bỏ khỏi Script Ưa thích Thêm vào Script Ưa thích
My YouTube: https://qntly.com/youtube
My Discord: https://qntly.com/discord
My Telegram Channel: https://qntly.com/tel
My TradingView Essential Course: https://qntly.com/tve
My Pro Indicators: https://qntly.com/proind

Bình luận

Hi @QuantNomad It would be interesting to see if you could get a better result if you had 1 or 2 fixed targets in it. In testing I see that the indicator often reaches the 2 or 3 percent, is it possible to build in an adjustable target?
Phản hồi
QuantNomad jos-willem
@jos-willem, You mean you want static PT in it?
Phản hồi
jos-willem QuantNomad
@QuantNomad, yes like 2 or 3 targets of 1% 2% and 5% (option to change target in the setting)
Phản hồi
QuantNomad jos-willem
@jos-willem, you mean like partial PT? I'm not sure I will implement it, it is too specific for a published strategy. You can use few strategy.exit calls with qry or qty_pecent parameter to take profit on few levels.
Phản hồi
jos-willem QuantNomad
@QuantNomad, Ok thanks. Another idea, the indicator now responds to wicks. Would it be unwise for the indicator not to respond to wicks?
Phản hồi
QuantNomad jos-willem
@jos-willem, you mean to wait for close? Yep, it might work. It will be a bit more stable, but the filling price will be a bit worse.
Phản hồi
must you use higher time frames than your current time frame?
or can you have some lower and some higher?
Phản hồi
QuantNomad Francois555
@Francois555, try always use higher time-frames in params. Always go to the lowest timeframe in your chart and set higher timeframes in params.
Phản hồi
it's not work on forex:((((
Phản hồi
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Trả phí Giới thiệu bạn Quy tắc Áp dụng Trung tâm Trợ giúp Giải pháp cho Website & Nhà môi giới Widget Giải pháp biểu đồ Thư viện Biểu đồ Lightweight Blog & Tin tức Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Giới thiệu bạn Ticket Hỗ trợ của tôi Trung tâm Trợ giúp Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất