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Tìm kiếm tập lệnh với "tradingview界面调整"

Risk Management: Position Size & Risk RewardHere is a Risk Management Indicator that calculates stop loss and position sizing based on the volatility of the stock. Most traders use a basic 1 or 2% Risk Rule, where they will not risk more than 1 or 2% of their capital on any one trade. I went further and applied four levels of risk: 0.25%, 0.50%, 1% and 2%. How you apply these different levels of risk is what makes this indicator extremely useful. Here are some common ways to apply this script: • If the stock is extremely volatile and has a better than 50% chance of hitting the stop loss, then risk only 0.25% of your capital on that trade. • If a stock has low volatility and has less than 20% change of hitting the stop loss, then risk 2% of your capital on that trade. • Risking anywhere between 0.25% and 2% is purely based on your intuition and assessment of the market. • If you are on a losing streak and you want to cut back on your position sizing, then lowering the Risk % can help you weather the storm. • If you are on a winning streak and your entries are experiencing a higher level of success, then gradually increase the Risk % to reap bigger profits. • If you want to trade outside the noise of the market or take on more noise/risk, you can adjust the ATR Factor. • … and whatever else you can imagine using it to benefit your trading. The position size is calculated using the Capital and Risk % fields, which is the percentage of your total trading capital (a.k.a net liquidity or Capital at Risk). If you instead want to calculate the position size based on a specific amount of money, then enter the amount in the Custom Risk Amt input box. Any amount greater than 0 in the Custom Risk Amt field will override the values in the Capital and Risk % fields. The stop loss is calculated by using the ATR. The default setting is the 14 RMA, but you can change the length and smoothing of the true range moving average to your liking. Selecting a different length and smoothing affects the stop loss and position size, so choose these values very carefully. The ATR Factor is a multiplier of the ATR. The ATR Factor can be used to adjust the stop loss and move it outside of the market noise. For the more volatile stock, increase the factor to lower the stop loss and reduce the chance of getting stopped out. For stocks with less volatility , you can lower the factor to raise the stop loss and increase position size. Adjusting the ATR Factor can also be useful when you want the stop loss to be at or below key levels of support. The Market Session is the hours the market is open. The Market Session only affects the Opening Range Breakout (ORB) option, so it’s important to change these values if you’re trading the ORB and you’re outside of Eastern Standard Time or you’re trading in a foreign exchange. The ORB is a bonus to the script. When enabled, the indicator will only appear in the first green candle of the day (09:30:00 or 09:30 AM EST or the start time specified in Market Session). When using the ORB, the stop loss is based on the spread of the first candle at the Open. The spread is the difference between the High and Low of the green candle. On 1-day or higher timeframes, the indicator will be the spread of the last (or current) candle. The output of the indicator is a label overlaying the chart: 1. ATR (14 RMA x2) – This indicated that the stop loss is determined by the ATR. The x2 is the ATR Factor. If ORB is selected, then the first line will show SPREAD, instead of ATR. 2. Capital – This is your total capital or capital at risk. 3. Risk X% of Capital – The amount you’re risking on a % of the Capital. If a Custom Risk Amt is entered, then Risk Amount will be shown in place of Capital and Risk % of Capital. 4. Entry – The current price. 5. Stop Loss – The stop loss price. 6. -1R – The stop loss price and the amount that will be lost of the stop loss is hit. 7. – These are the target prices, or levels where you will want to take profit. This script is primarily meant for people who are new to active trading and who are looking for a sound risk management strategy based on market volatility . This script can also be used by the more experienced trader who is using a similar system, but also wants to see it applied as an indicator on TradingView. I’m looking forward to maintaining this script and making it better in future revisions. If you want to include or change anything you believe will be a good change or feature, then please contact me in TradingView.
Chỉ báo Pine Script®
của TheDrivenTrader
29
Theil–Sen EstimatorThe Theil-Sen estimator is a nonparametric statistics method for robustly fitting a regression line to sample points (1,2). As stated in the Wikipedia article (3), the method is " the most popular nonparametric technique for estimating a linear trend " in the applied sciences due to its robustness to outliers and limited assumptions regarding measurement errors. Relation with other Methods The Theil-Sen estimator can be significantly more accurate than simple linear regression (least squares) for skewed and heteroskedastic data. Method Description The script computes all the slopes between pairs of points and takes the median as the estimate of the regression slope, m . Subsequently, the intercept, b , is determined from the sample points as the median of y(i) − m x(i) values. The regression line in the slope–intercept form, y = m x + b , is then plotted along with the calculated prediction interval (estimated by means of the root-mean-square error). I have added two options for how to handle pairs of points: Method == "All" to use the slopes of all pairs of points; Method == "Random" to use the slopes of randomly generated pairs of points. The random choice of the pairs of points is based on the Wichmann–Hill is a pseudorandom number generator. The reason for introducing the "Random" method is that the calculation of the median involves sorting the array of slopes (the size of N*(N-1)/2, where N is the number of sample points). This is a computationally demanding procedure, which runs into the limit on the cycle computation time (200 ms) set in TradingView. Therefore, the "All" method works only with Length < 50. Also note that the number of lookback points is limited by by the maximum array size allowed in TradingView. Literature 1. Sen, P. K. (1968) "Estimates of the regression coefficient based on Kendall's tau." JASA, 1379-1389. 2. Theil, H. (1950) "A rank-invariant method of linear and polynomial regression analysis." Reprinted in 1992 in Henri Theil’s contributions to economics and econometrics, Springer, 345-381. 3. en.wikipedia.org
Chỉ báo Pine Script®
của tbtkg
18
Machine Learning: LVQ-based StrategyLVQ-based Strategy (FX and Crypto) Description: Learning Vector Quantization (LVQ) can be understood as a special case of an artificial neural network, more precisely, it applies a winner-take-all learning-based approach. It is based on prototype supervised learning classification task and trains its weights through a competitive learning algorithm. Algorithm: Initialize weights Train for 1 to N number of epochs - Select a training example - Compute the winning vector - Update the winning vector Classify test sample The LVQ algorithm offers a framework to test various indicators easily to see if they have got any *predictive value*. One can easily add cog, wpr and others. Note: TradingViews's playback feature helps to see this strategy in action. The algo is tested with BTCUSD/1Hour. Warning: This is a preliminary version! Signals ARE repainting. ***Warning***: Signals LARGELY depend on hyperparams (lrate and epochs). Style tags: Trend Following, Trend Analysis Asset class: Equities, Futures, ETFs, Currencies and Commodities Dataset: FX Minutes/Hours+++/Days
Chỉ báo Pine Script®
của capissimo
6
Machine Learning: Logistic RegressionMulti-timeframe Strategy based on Logistic Regression algorithm Description: This strategy uses a classic machine learning algorithm that came from statistics - Logistic Regression (LR). The first and most important thing about logistic regression is that it is not a 'Regression' but a 'Classification' algorithm. The name itself is somewhat misleading. Regression gives a continuous numeric output but most of the time we need the output in classes (i.e. categorical, discrete). For example, we want to classify emails into “spam” or 'not spam', classify treatment into “success” or 'failure', classify statement into “right” or 'wrong', classify election data into 'fraudulent vote' or 'non-fraudulent vote', classify market move into 'long' or 'short' and so on. These are the examples of logistic regression having a binary output (also called dichotomous). You can also think of logistic regression as a special case of linear regression when the outcome variable is categorical, where we are using log of odds as dependent variable. In simple words, it predicts the probability of occurrence of an event by fitting data to a logit function. Basically, the theory behind Logistic Regression is very similar to the one from Linear Regression, where we seek to draw a best-fitting line over data points, but in Logistic Regression, we don’t directly fit a straight line to our data like in linear regression. Instead, we fit a S shaped curve, called Sigmoid, to our observations, that best SEPARATES data points. Technically speaking, the main goal of building the model is to find the parameters (weights) using gradient descent. In this script the LR algorithm is retrained on each new bar trying to classify it into one of the two categories. This is done via the logistic_regression function by updating the weights w in the loop that continues for iterations number of times. In the end the weights are passed through the sigmoid function, yielding a prediction. Mind that some assets require to modify the script's input parameters. For instance, when used with BTCUSD and USDJPY, the 'Normalization Lookback' parameter should be set down to 4 (2,...,5..), and optionally the 'Use Price Data for Signal Generation?' parameter should be checked. The defaults were tested with EURUSD. Note: TradingViews's playback feature helps to see this strategy in action. Warning: Signals ARE repainting. Style tags: Trend Following, Trend Analysis Asset class: Equities, Futures, ETFs, Currencies and Commodities Dataset: FX Minutes/Hours/Days
Chỉ báo Pine Script®
của capissimo
113
Machine Learning: Perceptron-based strategyPerceptron-based strategy Description: The Learning Perceptron is the simplest possible artificial neural network (ANN), consisting of just a single neuron and capable of learning a certain class of binary classification problems. The idea behind ANNs is that by selecting good values for the weight parameters (and the bias), the ANN can model the relationships between the inputs and some target. Generally, ANN neurons receive a number of inputs, weight each of those inputs, sum the weights, and then transform that sum using a special function called an activation function. The output of that activation function is then either used as the prediction (in a single neuron model) or is combined with the outputs of other neurons for further use in more complex models. The purpose of the activation function is to take the input signal (that’s the weighted sum of the inputs and the bias) and turn it into an output signal. Think of this activation function as firing (activating) the neuron when it returns 1, and doing nothing when it returns 0. This sort of computation is accomplished with a function called step function: f(z) = {1 if z > 0 else 0}. This function then transforms any weighted sum of the inputs and converts it into a binary output (either 1 or 0). The trick to making this useful is finding (learning) a set of weights that lead to good predictions using this activation function. Training our perceptron is simply a matter of initializing the weights to zero (or random value) and then implementing the perceptron learning rule, which just updates the weights based on the error of each observation with the current weights. This has the effect of moving the classifier’s decision boundary in the direction that would have helped it classify the last observation correctly. This is achieved via a for loop which iterates over each observation, making a prediction of each observation, calculating the error of that prediction and then updating the weights accordingly. In this way, weights are gradually updated until they converge. Each sweep through the training data is called an epoch. In this script the perceptron is retrained on each new bar trying to classify this bar by drawing the moving average curve above or below the bar. This script was tested with BTCUSD, USDJPY, and EURUSD. Note: TradingViews's playback feature helps to see this strategy in action. Warning: Signals ARE repainting. Style tags: Trend Following, Trend Analysis Asset class: Equities, Futures, ETFs, Currencies and Commodities Dataset: FX Minutes/Hours+/Days
Chỉ báo Pine Script®
của capissimo
34
Machine Learning: kNN-based StrategykNN-based Strategy (FX and Crypto) Description: This strategy uses a classic machine learning algorithm - k Nearest Neighbours (kNN) - to let you find a prediction for the next (tomorrow's, next month's, etc.) market move. Being an unsupervised machine learning algorithm, kNN is one of the most simple learning algorithms. To do a prediction of the next market move, the kNN algorithm uses the historic data, collected in 3 arrays - feature1, feature2 and directions, - and finds the k-nearest neighbours of the current indicator(s) values. The two dimensional kNN algorithm just has a look on what has happened in the past when the two indicators had a similar level. It then looks at the k nearest neighbours, sees their state and thus classifies the current point. The kNN algorithm offers a framework to test all kinds of indicators easily to see if they have got any *predictive value*. One can easily add cog, wpr and others. Note: TradingViews's playback feature helps to see this strategy in action. Warning: Signals ARE repainting. Style tags: Trend Following, Trend Analysis Asset class: Equities, Futures, ETFs, Currencies and Commodities Dataset: FX Minutes/Hours+++/Days
Chỉ báo Pine Script®
của capissimo
150
Zignaly TutorialThis strategy serves as a beginner's guide to connect TradingView signals to Zignaly Crypto Trading Platform. It was originally tested at BTCUSDT pair and 1D timeframe. Before using this documentation it's recommended that you: Use default TradingView strategy script or another script and setup its associated alert manually. Just make the alert pop-up in the screen. Create a 'Copy-Trader provider' (or Signal Provider) in Zignaly and send signals to it either thanks to your browser or with some basic programming. SETTINGS __ SETTINGS - Capital (CAPITAL) Capital quote invested per order in USDT units {100.0}. This setting is only used when '(ZIG) Provider type' is set to 'Signal Provider'. (CAPITAL) Capital percentage invested per order (%) {25.0}. This setting is only used when '(ZIG) Provider type' is set to 'Copy Trader Provider'. __ SETTINGS - Misc (ZIG) Enable Alert message {True}: Whether to enable alert message or not. (DEBUG) Enable debug on order comments {True}: Whether to show alerts on order comments or not. Number of decimal digits for Prices {2}. (DECIMAL) Maximum number of decimal for contracts {3}. __ SETTINGS - Zignaly (ZIG) Integration type {TradingView only}: Hybrid : Both TradingView and Zignaly handle take profit, trailing stops and stop losses. Useful if you are scared about TradingView not firing an alert. It might arise problems if TradingView and Zignaly get out of sync. TradingView only : TradingView sends entry and exit orders to Zignaly so that Zignaly only buys or sells. Zignaly won't handle stop loss or other settings on its own. (ZIG) Zignaly Alert Type {WebHook}: 'Email' or 'WebHook'. (ZIG) Provider type {Copy Trader Provider}: 'Copy Trader Provider' or 'Signal Provider'. 'Copy Trader Provider' sends a percentage to manage. 'Signal Provider' sends a quote to manage. (ZIG) Exchange: 'Binance' or 'Kucoin'. (ZIG) Exchange Type {Spot}: 'Spot' or 'Futures'. (ZIG) Leverage {1}. Set it to '1' when '(ZIG) Exchange Type' is set to 'Spot'. __ SETTINGS - Strategy (STRAT) Strategy Type: 'Long and Short', 'Long Only' or 'Short Only'. (STOPTAKE) Take Profit? {false}: Whether to enable Take Profit. (STOPTAKE) Stop Loss? {True}: Whether to enable Stop Loss. (TRAILING) Enable Trailing Take Profit (%) {True}: Whether to enable Trailing Take Profit. (STOPTAKE) Take Profit % {3.0}: Take profit percentage. This setting is only used when '(STOPTAKE) Take Profit?' setting is set to true. (STOPTAKE) Stop Loss % {2.0}: Stop loss percentage. This setting is only used when '(STOPTAKE) Stop Loss?' setting is set to true. (TRAILING) Trailing Take Profit Trigger (%) {2.5}: Trailing Stop Trigger Percentage. This setting is only used when '(TRAILING) Enable Trailing Take Profit (%)' setting is set to true. (TRAILING) Trailing Take Profit as a percentage of Trailing Take Profit Trigger (%) {25.0}: Trailing Stop Distance Percentage. This setting is only used when '(TRAILING) Enable Trailing Take Profit (%)' setting is set to true. (RECENT) Number of minutes to wait to open a new order after the previous one has been opened {6}. DEFAULT SETTINGS By default this strategy has been setup with these beginner settings: '(ZIG) Integration type' : TradingView only '(ZIG) Provider type' : 'Copy Trader Provider' '(ZIG) Exchange' : 'Binance' '(ZIG) Exchange Type' : 'Spot' '(STRAT) Strategy Type' : 'Long Only' '(ZIG) Leverage' : '1' (Or no leverage) but you can change those settings if needed. FIRST STEP For both future of spot markets you should make sure to change '(ZIG) Zignaly Alert Type' to match either WebHook or Email. If you have a non paid account in TradingView as in October 2020 you would have to use Email which it's free to use. RECOMMENDED SETTINGS __ RECOMMENDED SETTINGS - Spot markets '(ZIG) Exchange Type' setting should be set to 'Spot' '(STRAT) Strategy Type' setting should be set to 'Long Only' '(ZIG) Leverage' setting should be set to '1' __ RECOMMENDED SETTINGS - Future markets '(ZIG) Exchange Type' setting should be set to 'Futures' '(STRAT) Strategy Type' setting should be set to 'Long and Short' '(ZIG) Leverage' setting might be changed if desired. __ RECOMMENDED SETTINGS - Signal Providers '(ZIG) Provider type' setting should be set to 'Signal Provider' '(CAPITAL) Capital quote invested per order in USDT units' setting might be changed if desired. __ RECOMMENDED SETTINGS - Copy Trader Providers '(ZIG) Provider type' setting should be set to 'Copy Trader Provider' '(CAPITAL) Capital percentage invested per order (%)' setting might be changed if desired. Strategy Properties setting: 'Initial Capital' might be changed if desired. INTEGRATION TYPE EXPLANATION 'Hybrid': Both TradingView and Zignaly handle take profit, trailing stops and stop losses. Useful if you are scared about TradingView not firing an alert. It might arise problems if TradingView and Zignaly get out of sync. 'TradingView only': TradingView sends entry and exit orders to Zignaly so that Zignaly only buys or sells. Zignaly won't handle stop loss or other settings on its own. HOW TO USE THIS STRATEGY Beginner: Copy and paste the strategy and change it to your needs. Turn off '(DEBUG) Enable debug on order comments' setting. Medium: Reuse functions and inputs from this strategy into your own as if it was a library. Advanced: Check Strategy Tester. List of trades. Copy and paste the different suggested 'alert_message' variable contents to your script. Expert: I needed a way to pass data from TradingView script to the alert. Now I know it's the 'alert_message' variable. I can do this own my own. ALERTS SETUP This is the important piece of information that allows you to connect TradingView to Zignaly in a semi-automatic manner. __ ALERTS SETUP - WebHook Webhook URL: https : // zignaly . com / api / signals.php?key=MYSECRETKEY Message: { {{strategy.order.alert_message}} , "key" : "MYSECRETKEY" } __ ALERTS SETUP - Email Setup a new Hotmail account Add it as an 'SMS email' in TradingView Profile settings page. Confirm your own the email address Create a rule in your Hotmail account that 'Redirects' (not forwards) emails to 'signals @ zignaly . email' when (1): 'Subject' includes 'Alert', (2): 'Email body' contains string 'MYZIGNALYREDIRECTTRIGGER' and (3): 'From' contains 'noreply @ tradingview . com'. In 'More Actions' check: Send Email-to-SMS Message: ||{{strategy.order.alert_message}}||key=MYSECRETKEY|| MYZIGNALYREDIRECTTRIGGER '(DEBUG) Enable debug on order comments' is turned on by default so that you can see in the Strategy Tester. List of Trades. The different orders alert_message that would have been sent to your alert. You might want to turn it off it some many letters in the screen is problem. STRATEGY ADVICE If you turn on 'Take Profit' then turn off 'Trailing Take Profit'. ZIGNALY SIDE ADVICE If you are a 'Signal Provider' make sure that 'Allow reusing the same signalId if there isn't any open position using it?' setting in the profile tab is set to true. You can find your 'MYSECRETKEY' in your 'Copy Trader/Signal' provider Edit tab at 'Signal URL'. ADDITIONAL ZIGNALY DOCUMENTATION docs . zignaly . com / signals / how-to -- How to send signals to Zignaly 3 Ways to send signals to Zignaly SIGNALS FINAL REMARKS This strategy tries to match the Pine Script Coding Conventions as best as possible.
Chiến lược Pine Script®
của ruckard
15
Higher Highs & Lower Lows Stochastics - Vitali ApirineThis is my modified "Higher Highs & Lower Lows Stochastics" employing PSv4.0, originally formulated by Vitali Apirine for TASC - February 2016 Traders Tips. Reading through a TASC magazine of mine, behold, I found a little known indicator that I can't find anywhere on all of Tradingview. That was a tragedy I felt I had to resolve... This indicator is best described as a dual momentum indicator, being helpful with anticipating reversals, spotting emerging trends, and defining correction periods. I felt it worthy of justice to unveil this for all TV members to utilize and also learn from. It's uniqueness is beyond past due for the honor it deserves on Tradingview. As always, I have included advanced Pine programming techniques that conform to proper "Pine Etiquette". For those of you who are newcomers to Pine Script, this code release may also help you comprehend the "Power of Pine" by employing advanced programming techniques while exhibiting code utilization in a most effective manner. This script's uniqueness displays that we can now override built-in Pine functions. Firstly, you may have noticed that I replaced ema(), sma(), highest(), and lowest(). If you weren't aware of this Pine capability, well, here is a prime example... Now you know! Just heed caution when doing so to ensure your replacement algorithms are 100% sound. Lastly, I also added an additional "Median" line where the companion stochastics seemingly appear to gravitate within a central zone. NOTICE: You may have observed, there is highest(), lowest(), ema(), and sma() custom functions overwriting Pine built-ins, some of which are audaciously used in ternary. "IF" you are planning to use Pine Script v4.0 functions in ternary, be forewarned, they WILL NOT operate as expected in most scenarios. The reason why I legitimately used them here in ternary is because they are ONLY manually controlled by an input(). If these were dynamically controlled with bar-to-bar dynamic conditional logic, you would most certainly run into serious unexpected programming issues, potentially resulting in hours of frustrations and guaranteed loss of hair. That's my lesson for this release, so never ever forget this when utilizing the full potential of the "Power of Pine". For more information concerning these potential dilemmas, please consult "Execution of Pine functions and historical context inside function blocks" in the "Pine Script v4 User Manual". Features List Includes: Dark Background - Easily disabled in indicator Settings->Style for "Light" charts or with Pine commenting AND much, much more... You have the source! The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section, should you have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members, I may implement more ideas when they present themselves as worthy additions. As always, "Like" it if you simply just like it with a proper thumbs up, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
Chỉ báo Pine Script®
của ImmortalFreedom
8
Trend WaveHello Traders! You know, I can sill remember the first time I started tinkering with Pinescript. As I had no prior programming experience, I learned by experimenting with other open-source scripts on TradingViews Marketplace. Tearing apart and combining interesting scripts to see what the output would be. @ChrisMoody was a huge source of inspiration for learning, and I wanted to thank him, as well as @TheLark for the concept behind this script. The Trend Wave is based on @ChrisMoody's PPO-PercentileRank-Mkt-Tops-Bottoms , which also happens to be based on @TheLark's TheLark-Laguerre-PPO/ . Within my experimentation, I found that if I isolate the ppoT & ppoB variables and plot them calculated from extremely small decimals, you can get an extremely fast reacting, mirroring trend detector. Within the script, you have the ability to plot the background colors based on trend to make it easier to see where crossovers occured, as well as a Mirror Input to view the mirrored version of the script. -@DayTradingOil
Chỉ báo Pine Script®
của DrCatherineHalsey
20
Krown Cryptos 6 Moving AveragesCouldnt find Krown's moving average indicator so I took the time to make my own use and to aid those who follow his channel. The moving averages are a mixed batch with mostly EMAS with the 10SMA and 200SMA included. The MAs are labelled so if you question which one is which 10SMA 21EMA 50EMA 89EMA 200SMA 200EMA 377EMA If anyone has experience with tradingviews pineeditor and knows how to change the title of each MA so I can remove the "6 moving averages" part that would be a great help so please feel free to inbox me.
Chỉ báo Pine Script®
của Pumpamentals
FREE INDICATOR: Relative Momentum Index (RMI)RMI, as requested by glaz Description: The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine. While your typical RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago. The result is an RSI that is a bit smoother. Usage: Use in the same way you would any other RSI. There are overbought and oversold zones, and can also be used for divergence and trend analysis . Grab the source code here: pastebin.com Installation video by @ChrisMoody here : vimeopro.com             ░░░░░░░░░░░░░░░ Feel free to follow me to keep up with my latest scripts! ░░░░░░░░░░░░░░░             ░░░░░░░░░░░░ PLEASE THUMB UP OR STAR IF YOU LIKE THIS INDICATOR! ░░░░░░░░░░░░                                                           I'd like as many people as possible to get it :)
Chỉ báo Pine Script®
của TheLark
21
FREE INDICATOR: VOLUME MOMENTUMFor the momentum trader there are plenty of price momentum indicators, here's one that tracks the volume's momentum. Rising momentum in both price and volume is great for any momentum trader. Add this to your chart, play with the settings, and maybe you'll notice something new! Grab the source code here: pastebin.com Installation video by @ChrisMoody here : vimeopro.com           ·´¯`·.¸¸.·´¯`· Feel free to follow me to keep up with my latest scripts! ·´¯`·.¸¸.·´¯`· ·´¯`·.¸¸.·´¯`· PLEASE THUMB UP OR STAR IF YOU LIKE THIS INDICATOR! ·´¯`·.¸¸.·´¯`·                                  I'd like as many people as possible to get it :)
Chỉ báo Pine Script®
của TheLark
11
Quantum Market Analyzer X7Quantum Market Analyzer X7 - Complete Study Guide Table of Contents 1. Overview 2. Indicator Components 3. Signal Interpretation 4. Live Market Analysis Guide 5. Best Practices 6. Limitations and Considerations 7. Risk Disclaimer ________________________________________ Overview The Quantum Market Analyzer X7 is a comprehensive multi-timeframe technical analysis indicator that combines traditional and modern analytical methods. It aggregates signals from multiple technical indicators across seven key analysis categories to provide traders with a consolidated view of market sentiment and potential trading opportunities. Key Features: • Multi-Indicator Analysis: Combines 20+ technical indicators • Real-Time Dashboard: Professional interface with customizable display • Signal Aggregation: Weighted scoring system for overall market sentiment • Advanced Analytics: Includes Order Block detection, Supertrend, and Volume analysis • Visual Progress Indicators: Easy-to-read progress bars for signal strength ________________________________________ Indicator Components 1. Oscillators Section Purpose: Identifies overbought/oversold conditions and momentum changes Included Indicators: • RSI (14): Relative Strength Index - momentum oscillator • Stochastic (14): Compares closing price to price range • CCI (20): Commodity Channel Index - cycle identification • Williams %R (14): Momentum indicator similar to Stochastic • MACD (12,26,9): Moving Average Convergence Divergence • Momentum (10): Rate of price change • ROC (9): Rate of Change • Bollinger Bands (20,2): Volatility-based indicator Signal Interpretation: • Strong Buy (6+ points): Multiple oscillators indicate oversold conditions • Buy (2-5 points): Moderate bullish momentum • Neutral (-1 to 1 points): Balanced conditions • Sell (-2 to -5 points): Moderate bearish momentum • Strong Sell (-6+ points): Multiple oscillators indicate overbought conditions 2. Moving Averages Section Purpose: Determines trend direction and strength Included Indicators: • SMA: 10, 20, 50, 100, 200 periods • EMA: 10, 20, 50 periods Signal Logic: • Price >2% above MA = Strong Buy (+2) • Price above MA = Buy (+1) • Price below MA = Sell (-1) • Price >2% below MA = Strong Sell (-2) Signal Interpretation: • Strong Buy (6+ points): Price well above multiple MAs, strong uptrend • Buy (2-5 points): Price above most MAs, bullish trend • Neutral (-1 to 1 points): Mixed MA signals, consolidation • Sell (-2 to -5 points): Price below most MAs, bearish trend • Strong Sell (-6+ points): Price well below multiple MAs, strong downtrend 3. Order Block Analysis Purpose: Identifies institutional support/resistance levels and breakouts How It Works: • Detects historical levels where large orders were placed • Monitors price behavior around these levels • Identifies breakouts from established order blocks Signal Types: • BULLISH BRK (+2): Breakout above resistance order block • BEARISH BRK (-2): Breakdown below support order block • ABOVE SUP (+1): Price holding above support • BELOW RES (-1): Price rejected at resistance • NEUTRAL (0): No significant order block interaction 4. Supertrend Analysis Purpose: Trend following indicator based on Average True Range Parameters: • ATR Period: 10 (default) • ATR Multiplier: 6.0 (default) Signal Types: • BULLISH (+2): Price above Supertrend line • BEARISH (-2): Price below Supertrend line • NEUTRAL (0): Transition period 5. Trendline/Channel Analysis Purpose: Identifies trend channels and breakout patterns Components: • Dynamic trendline calculation using pivot points • Channel width based on historical volatility • Breakout detection algorithm Signal Types: • UPPER BRK (+2): Breakout above upper channel • LOWER BRK (-2): Breakdown below lower channel • ABOVE MID (+1): Price above channel midline • BELOW MID (-1): Price below channel midline 6. Volume Analysis Purpose: Confirms price movements with volume data Components: • Volume spikes detection • On Balance Volume (OBV) • Volume Price Trend (VPT) • Money Flow Index (MFI) • Accumulation/Distribution Line Signal Calculation: Multiple volume indicators are combined to determine institutional activity and confirm price movements. ________________________________________ Signal Interpretation Overall Summary Signals The indicator aggregates all component signals into an overall market sentiment: Signal Score Range Interpretation Action STRONG BUY 10+ Overwhelming bullish consensus Consider long positions BUY 4-9 Moderate to strong bullish bias Look for long opportunities NEUTRAL -3 to 3 Mixed signals, consolidation Wait for clearer direction SELL -4 to -9 Moderate to strong bearish bias Look for short opportunities STRONG SELL -10+ Overwhelming bearish consensus Consider short positions Progress Bar Interpretation • Filled bars indicate signal strength • Green bars: Bullish signals • Red bars: Bearish signals • More filled bars = stronger conviction ________________________________________ Live Market Analysis Guide Step 1: Initial Assessment 1. Check Overall Summary: Start with the main signal 2. Verify with Component Analysis: Ensure signals align 3. Look for Divergences: Identify conflicting signals Step 2: Timeframe Analysis 1. Set Appropriate Timeframe: Use 1H for intraday, 4H/1D for swing trading 2. Multi-Timeframe Confirmation: Check higher timeframes for trend context 3. Entry Timing: Use lower timeframes for precise entry points Step 3: Signal Confirmation Process. For Buy Signals: 1. Oscillators: Look for oversold conditions (RSI <30, Stoch <20) 2. Moving Averages: Price should be above key MAs 3. Order Blocks: Confirm bounce from support levels 4. Volume: Check for accumulation patterns 5. Supertrend: Ensure bullish trend alignment. For Sell Signals: 1. Oscillators: Look for overbought conditions (RSI >70, Stoch >80) 2. Moving Averages: Price should be below key MAs 3. Order Blocks: Confirm rejection at resistance levels 4. Volume: Check for distribution patterns 5. Supertrend: Ensure bearish trend alignment. Step 4: Risk Management Integration 1. Signal Strength Assessment: Stronger signals = larger position size 2. Stop Loss Placement: Use Order Block levels for stops 3. Take Profit Targets: Based on channel analysis and resistance levels 4. Position Sizing: Adjust based on signal confidence ________________________________________ Best Practices Entry Strategies 1. High Conviction Entries: Wait for STRONG BUY/SELL signals 2. Confluence Trading: Look for multiple components aligning 3. Breakout Trading: Use Order Block and Trendline breakouts 4. Trend Following: Align with Supertrend direction. Risk Management 1. Never Risk More Than 2% Per Trade: Regardless of signal strength 2. Use Stop Losses: Place at invalidation levels 3. Scale Positions: Stronger signals warrant larger (but still controlled) positions 4. Diversification: Don't rely solely on one indicator. Market Conditions 1. Trending Markets: Focus on Supertrend and MA signals 2. Range-Bound Markets: Emphasize Oscillator and Order Block signals 3. High Volatility: Reduce position sizes, widen stops 4. Low Volume: Be cautious of breakout signals. Common Mistakes to Avoid 1. Signal Chasing: Don't enter after signals have already moved significantly 2. Ignoring Context: Consider overall market conditions 3. Overtrading: Wait for high-quality setups 4. Poor Risk Management: Always use appropriate position sizing ________________________________________ Limitations and Considerations Technical Limitations 1. Lagging Nature: All technical indicators are based on historical data 2. False Signals: No indicator is 100% accurate 3. Market Regime Changes: Indicators may perform differently in various market conditions 4. Whipsaws: Possible in choppy, sideways markets. Optimal Use Cases 1. Trending Markets: Performs best in clear trending environments 2. Medium to High Volatility: Requires sufficient price movement for signals 3. Liquid Markets: Works best with adequate volume and tight spreads 4. Multiple Timeframe Analysis: Most effective when used across different timeframes. When to Use Caution 1. Major News Events: Fundamental analysis may override technical signals 2. Market Opens/Closes: Higher volatility can create false signals 3. Low Volume Periods: Signals may be less reliable 4. Holiday Trading: Reduced participation affects signal quality ________________________________________ Risk Disclaimer IMPORTANT LEGAL DISCLAIMER FROM aiTrendview WARNING: TRADING INVOLVES SUBSTANTIAL RISK OF LOSS This Quantum Market Analyzer X7 indicator ("the Indicator") is provided for educational and informational purposes only. By using this indicator, you acknowledge and agree to the following terms: No Investment Advice • The Indicator does NOT constitute investment advice, financial advice, or trading recommendations • All signals generated are based on historical price data and mathematical calculations • Past performance does not guarantee future results • No representation is made that any account will achieve profits or losses similar to those shown. Risk Acknowledgment • TRADING CARRIES SUBSTANTIAL RISK: You may lose some or all of your invested capital • LEVERAGE AMPLIFIES RISK: Margin trading can result in losses exceeding your initial investment • MARKET VOLATILITY: Financial markets are inherently unpredictable and volatile • TECHNICAL ANALYSIS LIMITATIONS: No technical indicator is infallible or guarantees profitable trades. User Responsibility • YOU ARE SOLELY RESPONSIBLE for all trading decisions and their consequences • CONDUCT YOUR OWN RESEARCH: Always perform independent analysis before making trading decisions • CONSULT PROFESSIONALS: Seek advice from qualified financial advisors • RISK MANAGEMENT: Implement appropriate risk management strategies No Warranties • The Indicator is provided "AS IS" without warranties of any kind • aiTrendview makes no representations about the accuracy, reliability, or suitability of the Indicator • Technical glitches, data feed issues, or calculation errors may occur • The Indicator may not work as expected in all market conditions. Limitation of Liability • aiTrendview SHALL NOT BE LIABLE for any direct, indirect, incidental, or consequential damages • This includes but is not limited to: trading losses, missed opportunities, data inaccuracies, or system failures • MAXIMUM LIABILITY is limited to the amount paid for the indicator (if any) Code Usage and Distribution • This indicator is published on TradingView in accordance with TradingView's house rules • UNAUTHORIZED MODIFICATION or redistribution of this code is prohibited • Users may not claim ownership of this intellectual property • Commercial use requires explicit written permission from aiTrendview. Compliance and Regulations • VERIFY LOCAL REGULATIONS: Ensure compliance with your jurisdiction's trading laws • Some trading strategies may not be suitable for all investors • Tax implications of trading are your responsibility • Report trading activities as required by law Specific Risk Factors 1. False Signals: The Indicator may generate incorrect buy/sell signals 2. Market Gaps: Overnight gaps can invalidate technical analysis 3. Fundamental Events: News and economic data can override technical signals 4. Liquidity Risk: Some markets may have insufficient liquidity 5. Technology Risk: Platform failures or connectivity issues may prevent order execution. Professional Trading Warning • THIS IS NOT PROFESSIONAL TRADING SOFTWARE: Not intended for institutional or professional trading • NO REGULATORY APPROVAL: This indicator has not been approved by any financial regulatory authority • EDUCATIONAL PURPOSE: Designed primarily for learning technical analysis concepts FINAL WARNING NEVER INVEST MONEY YOU CANNOT AFFORD TO LOSE Trading financial instruments involves significant risk. The majority of retail traders lose money. Before using this indicator in live trading: 1. Practice on paper/demo accounts extensively 2. Start with small position sizes 3. Develop a comprehensive trading plan 4. Implement strict risk management rules 5. Continuously educate yourself about market dynamics By using the Quantum Market Analyzer X7, you acknowledge that you have read, understood, and agree to this disclaimer. You assume full responsibility for all trading decisions and their outcomes. Contact: For questions about this disclaimer or the indicator, contact aiTrendview through official TradingView channels only. ________________________________________ This study guide and indicator are published on TradingView in compliance with TradingView's community guidelines and house rules. All users must adhere to TradingView's terms of service when using this indicator. Document Version: 1.0 Publisher: aiTrendview ________________________________________ Disclaimer The content provided in this blog post is for educational and training purposes only. It is not intended to be, and should not be construed as, financial, investment, or trading advice. All charting and technical analysis examples are for illustrative purposes. Trading and investing in financial markets involve substantial risk of loss and are not suitable for every individual. Before making any financial decisions, you should consult with a qualified financial professional to assess your personal financial situation.
Chỉ báo Pine Script®
của aiTrendview-Charting-System
[PickMyTrade] Trendline Strategy# PickMyTrade Advanced Trend Following Strategy for Long Positions | Automated Trading Indicator **Optimize Your Trading with PickMyTrade's Professional Trend Strategy - Auto-Execute Trades with Precision** --- ## Table of Contents 1. (#overview) 2. (#why-this-strategy-makes-money) 3. (#key-features) 4. (#how-it-works) 5. (#strategy-settings--configuration) 6. (#pickmytrade-integration) 7. (#advanced-features) 8. (#risk-management) 9. (#best-practices) 10. (#performance-optimization) 11. (#getting-started) 12. (#faq) --- ## Overview The **PickMyTrade Advanced Trend Following Strategy** is a sophisticated, open-source Pine Script indicator designed for traders seeking consistent profits through trend-based long positions. This powerful algorithm identifies high-probability entry points by detecting valid trendlines with multiple touch confirmations, ensuring you only enter trades when the trend is strongly established. ### What Makes This Strategy Unique? - **Multi-Trendline Detection**: Simultaneously tracks multiple downtrend breakouts for increased trading opportunities - **Intelligent Entry Validation**: Requires multiple price touches (configurable) to confirm trendline validity - **Flexible Take Profit Methods**: Choose from Risk/Reward Ratio, Lookback Candles, or Fibonacci-based exits - **Automated Risk Management**: Built-in position sizing based on dollar risk per trade - **PickMyTrade Ready**: Seamlessly integrate with PickMyTrade for fully automated trade execution **Perfect for**: Swing traders, trend followers, futures traders, and anyone using PickMyTrade for automated trading execution. --- ## Why This Strategy Makes Money ### 1. **Breakout Trading Edge** The strategy profits by identifying when price breaks above established downtrend resistance lines. These breakouts often signal: - Shift in market sentiment from bearish to bullish - Strong buying momentum entering the market - High probability of continued upward movement ### 2. **Trend Confirmation Filter** Unlike simple breakout strategies, this requires **multiple touches** (default: 3) on the trendline before considering it valid. This eliminates: - False breakouts from weak trendlines - Choppy, sideways markets with no clear trend - Low-quality setups that lead to losses ### 3. **Dynamic Risk-Reward Optimization** The strategy automatically calculates: - **Optimal position sizing** based on your risk tolerance ($100 default) - **Stop loss placement** using recent pivot lows (not arbitrary levels) - **Take profit targets** using either R:R ratios (1.5:1 default) or Fibonacci extensions **Expected Profitability**: With proper settings, traders typically achieve: - Win rate: 45-60% (depending on market conditions) - Risk/Reward: 1.5:1 to 2.5:1 (configurable) - Monthly returns: 5-15% (varies by market and risk settings) ### 4. **Fibonacci Profit Scaling** The advanced Fibonacci mode allows you to: - Take partial profits at multiple levels (0.618, 1.0, 1.312, 1.618) - Lock in gains while letting winners run - Maximize profits during strong trending moves --- ## Key Features ### Trend Detection & Validation ✅ **Dynamic Trendline Drawing**: Automatically identifies and extends downtrend resistance lines ✅ **Touch Validation**: Configurable number of touches (1-10) to confirm trendline strength ✅ **Valid Percentage Buffer**: Allows minor price deviations (default 0.1%) for more realistic trendlines ✅ **Pivot-Based Validation**: Optional extra filter using smaller pivot points for precision ### Position Management ✅ **Multi-Position Support**: Trade up to 1000 positions simultaneously (pyramiding) ✅ **Single or Multi-Trend Mode**: Track one primary trend or multiple concurrent trends ✅ **Dollar-Based Position Sizing**: Risk fixed dollar amount per trade (not percentage of account) ✅ **Automatic Quantity Calculation**: Determines optimal contract size based on risk and stop distance ### Take Profit Methods (3 Options) #### 1. **Risk/Reward Ratio** (Recommended for Beginners) - Set desired R:R (default 1.5:1) - Simple, consistent profit targets - Works well in trending markets #### 2. **Lookback Candles** (For Swing Traders) - Exits when price makes new low over X candles (default 10) - Adapts to market volatility - Best for capturing extended moves #### 3. **Fibonacci Extensions** (For Advanced Traders) - Up to 4 profit targets: 61.8%, 100%, 131.2%, 161.8% - Automatically scales out of positions - Maximizes gains during strong trends ### Stop Loss Options ✅ **Pivot-Based Stop Loss**: Uses recent pivot lows for logical stop placement ✅ **Buffer/Offset**: Add extra distance (in ticks) below pivot for safety ✅ **Trailing Stop**: Optional feature to lock in profits as trade moves in your favor ✅ **Enable/Disable Toggle**: Full control over stop loss activation ### Session Control ✅ **Time-Based Trading**: Limit trades to specific hours (e.g., 9:00 AM - 6:00 PM) ✅ **Auto-Close at Session End**: Automatically closes all positions outside trading hours ✅ **Works on All Timeframes**: Intraday and higher timeframes supported --- ## How It Works ### Step-by-Step Trade Logic #### 1. **Trendline Identification** The strategy scans for pivot highs that are **lower** than the previous pivot high, indicating a downtrend. It then: - Draws a trendline connecting these pivot points - Extends the line forward to current price - Validates the line by checking how many candles touched it #### 2. **Entry Trigger** A long position is entered when: - Price closes **above** the validated trendline (breakout) - Session time filter is met (if enabled) - Maximum position limit not exceeded - Sufficient risk capital available for position sizing #### 3. **Stop Loss Calculation** The strategy looks backward to find the most recent pivot low that is: - Below current price - A logical support level - Applies optional buffer/offset for safety - Uses this level to calculate position size #### 4. **Take Profit Execution** Depending on your selected method: - **R:R Mode**: Calculates TP as entry + (entry - SL) × ratio - **Lookback Mode**: Exits when price makes new low over specified candles - **Fibonacci Mode**: Sets 4 profit targets based on Fibonacci extensions from swing high to stop loss #### 5. **Trade Management** Once in position: - Monitors stop loss for risk protection - Tracks take profit levels for exit signals - Optional trailing stop to lock in profits - Closes all trades at session end (if enabled) --- ## Strategy Settings & Configuration ### Trendline Settings | Parameter | Default | Range | Description | Impact on Trading | |-----------|---------|-------|-------------|-------------------| | **Pivot Length For Trend** | 15 | 5-50 | Bars to left/right for pivot detection | Lower = More signals (noisier), Higher = Fewer signals (stronger trends) | | **Touch Number** | 3 | 2-10 | Required touches to validate trendline | Lower = More trades (less reliable), Higher = Fewer trades (more reliable) | | **Valid Percentage** | 0.1% | 0-5% | Allowed deviation from trendline | Higher = More lenient validation, more trades | | **Enable Pivot To Valid** | False | True/False | Extra validation using smaller pivots | True = Stricter filtering, fewer but higher quality trades | | **Pivot Length For Valid** | 5 | 3-15 | Pivot length for extra validation | Smaller = More precise validation | **Recommendation**: Start with defaults. In choppy markets, increase touch number to 4-5. In strongly trending markets, reduce to 2. ### Position Management | Parameter | Default | Range | Description | Impact on Trading | |-----------|---------|-------|-------------|-------------------| | **Enable Multi Trend** | True | True/False | Track multiple trendlines simultaneously | True = More opportunities, False = One trade at a time | | **Position Number** | 1 | 1-1000 | Maximum concurrent positions | Higher = More capital deployed, more risk | | **Risk Amount** | $100 | $10-$10,000 | Dollar risk per trade | Higher = Larger positions, more P&L per trade | | **Enable Default Contract Size** | False | True/False | Use 1 contract if calculated size ≤1 | True = Always enter (even micro accounts) | **Money Management Tip**: Risk 1-2% of your account per trade. If you have $10,000, set Risk Amount to $100-$200. ### Take Profit Settings | Parameter | Default | Options | Description | Best For | |-----------|---------|---------|-------------|----------| | **Set TP Method** | RiskAwardRatio | RiskAwardRatio / LookBackCandles / Fibonacci | Choose exit strategy | Beginners: R:R, Swing: Lookback, Advanced: Fib | | **Risk Award Ratio** | 1.5 | 1.0-5.0 | Target profit as multiple of risk | Higher = Bigger wins but lower win rate | | **Look Back Candles** | 10 | 5-50 | Exit when price makes new low over X bars | Smaller = Quicker exits, Larger = Let winners run | | **Source for TP** | Close | Close / High-Low | Use close or high/low for exit signals | Close = More conservative | **Profitability Guide**: - **Conservative**: R:R = 1.5, Lookback = 10 - **Balanced**: R:R = 2.0, Lookback = 15 - **Aggressive**: R:R = 2.5, Fibonacci mode with 1.618 target ### Stop Loss Settings | Parameter | Default | Range | Description | Impact on Trading | |-----------|---------|-------|-------------|-------------------| | **Turn On/Off SL** | True | True/False | Enable stop loss | **Always use True** for risk protection | | **Pivot Length for SL** | 3 | 2-10 | Pivot length for stop placement | Smaller = Tighter stops, Larger = Wider stops | | **Buffer For SL** | 0.0 | 0-50 | Extra distance below pivot (ticks) | Higher = Safer but lower R:R | | **Turn On/Off Trailing Stop** | False | True/False | Lock in profits as trade moves up | True = Protects profits, may exit early | **Risk Management Rule**: Never disable stop loss. Use buffer in volatile markets (5-10 ticks). ### Fibonacci Settings (When TP Method = Fibonacci) | Parameter | Default | Description | Profit Target | |-----------|---------|-------------|---------------| | **Fibonacci Level 1** | 0.618 | First profit target | 61.8% of swing range | | **Fibonacci Level 2** | 1.0 | Second profit target | 100% of swing range | | **Fibonacci Level 3** | 1.312 | Third profit target | 131.2% extension | | **Fibonacci Level 4** | 1.618 | Fourth profit target | 161.8% extension | | **Pivot Length for Fibonacci** | 15 | Pivot to find swing high | Higher = Bigger swings, wider targets | **Scaling Strategy**: Close 25% at each Fibonacci level to lock in profits progressively. ### Session Settings | Parameter | Default | Description | Use Case | |-----------|---------|-------------|----------| | **Enable Session** | False | Activate time filter | Day trading specific hours | | **Session Time** | 0900-1800 | Trading hours window | Avoid overnight risk | **Day Trader Setup**: Enable session = True, Set hours to 9:30-16:00 (US market hours) --- ## PickMyTrade Integration ### Automate Your Trading with PickMyTrade This strategy is **fully compatible with PickMyTrade**, the leading automation platform for TradingView strategies. Connect your broker account and let PickMyTrade execute trades automatically based on this strategy's signals. ### Why Use PickMyTrade? ✅ **Hands-Free Trading**: Never miss a signal, even while sleeping ✅ **Multi-Broker Support**: Works with Tradovate, NinjaTrader, TradeStation, and more ✅ **Instant Execution**: Alerts trigger trades in milliseconds ✅ **Risk Management**: Built-in position sizing and stop loss handling ✅ **Mobile Monitoring**: Track trades from your phone **Boom!** Your strategy is now fully automated. Every breakout signal will automatically execute a trade through your broker. ### PickMyTrade-Specific Features - **Dynamic Position Sizing**: The strategy calculates quantity based on your risk amount - **Automatic Stop Loss**: Pivot-based stops are sent to your broker automatically - **Take Profit Orders**: R:R and Fibonacci targets create limit orders - **Session Management**: Trades only during specified hours - **Multi-Position Support**: Handle multiple concurrent trades seamlessly **Pro Tip**: Start with paper trading or a demo account to test the automation before going live. --- ## Advanced Features ### 1. Multi-Trendline Mode (Enable Multi Trend = True) **What It Does**: Tracks up to 1000 trendlines simultaneously, entering positions as each one breaks out. **Benefits**: - More trading opportunities - Diversifies entry points across multiple trends - Catches every valid breakout in trending markets **When to Use**: - Strong trending markets (crypto bull runs, index rallies) - Longer timeframes (4H, Daily) - When you want maximum market exposure **Caution**: Can enter many positions quickly. Set appropriate Position Number limit and Risk Amount. ### 2. Single Trendline Mode (Enable Multi Trend = False) **What It Does**: Focuses on one primary trendline at a time. **Benefits**: - Cleaner, simpler execution - Easier to monitor and manage - Better for beginners - Lower capital requirements **When to Use**: - Choppy or ranging markets - Smaller accounts - When you prefer focused, quality over quantity trades ### 3. Fibonacci Profit Scaling **How It Works**: 1. At entry, the strategy finds the most recent swing high above current price 2. Calculates the range from swing high to stop loss 3. Projects 4 Fibonacci extensions: 61.8%, 100%, 131.2%, 161.8% 4. Exits when price reaches each level, then pulls back below it **Profit Maximization Strategy**: - Close 25% of position at each Fibonacci level - Let remaining portion target higher levels - Capture both quick profits and extended moves **Example Trade**: - Entry: $100 - Stop Loss: $95 (risk = $5) - Swing High: $110 - Range: $110 - $95 = $15 Fibonacci Targets: - 61.8% = $95 + ($15 × 0.618) = $104.27 (+4.27%) - 100% = $95 + ($15 × 1.0) = $110 (+10%) - 131.2% = $95 + ($15 × 1.312) = $114.68 (+14.68%) - 161.8% = $95 + ($15 × 1.618) = $119.27 (+19.27%) **Result**: Even if only first two targets hit, you lock in +7% average gain vs. -5% risk = 1.4:1 R:R ### 4. Trailing Stop Loss **What It Does**: After entry, if a new pivot low forms **above** your initial stop, the strategy moves your stop up to that level. **Benefits**: - Locks in profits as trade moves in your favor - Reduces risk to breakeven or better - Captures strong momentum moves **Drawback**: May exit profitable trades earlier during normal pullbacks. **Best Practice**: Use in strongly trending markets. Disable in choppy conditions. ### 5. Pivot Validation Filter **What It Does**: Adds extra requirement that a small pivot high must exist between the two trendline pivot points. **Benefits**: - Ensures trendline is a "true" resistance - Filters out random lines connecting arbitrary highs - Increases trade quality **When to Enable**: - High-volatility markets with many false breakouts - Lower timeframes (5min, 15min) where noise is common - When win rate is too low with default settings **Tradeoff**: Fewer signals, but higher win rate. ### 6. Session-Based Trading **What It Does**: Only enters trades during specified hours. Auto-closes all positions outside session. **Use Cases**: - **Day Trading**: 9:30 AM - 4:00 PM (avoid overnight gaps) - **European Hours**: 8:00 AM - 5:00 PM CET (trade London session) - **Crypto**: 24/7 trading or focus on US hours for liquidity **Risk Management**: Prevents holding positions through high-impact news events or market closes. --- ## Risk Management ### Position Sizing Formula The strategy uses **fixed dollar risk** position sizing: ``` Position Size = Risk Amount ÷ (Entry Price - Stop Loss) ÷ Point Value ``` **Example** (ES Futures): - Risk Amount: $100 - Entry: 4500 - Stop Loss: 4490 - Risk per contract: 10 points × $50/point = $500 - Position Size: $100 ÷ $500 = 0.2 contracts → Rounds to 0 (no trade) If `Enable Default Contract Size = True`, it would trade 1 contract instead. ### Risk Per Trade Recommendations | Account Size | Conservative (1%) | Moderate (2%) | Aggressive (3%) | |--------------|-------------------|---------------|-----------------| | $5,000 | $50 | $100 | $150 | | $10,000 | $100 | $200 | $300 | | $25,000 | $250 | $500 | $750 | | $50,000 | $500 | $1,000 | $1,500 | **Golden Rule**: Never risk more than 2% per trade. Even with 10 losses in a row, you'd only be down 20%. ### Maximum Drawdown Protection **Multi-Position Risk**: - If Position Number = 5 and Risk Amount = $100 - Maximum simultaneous risk = 5 × $100 = $500 - Ensure this is ≤ 5% of your total account **Daily Loss Limit**: - Set a mental stop: "If I lose $X today, I stop trading" - Typical limit: 3-5% of account per day - Prevents revenge trading and emotional decisions ### Stop Loss Best Practices 1. **Always Use Stops**: Never disable stop loss (enabledSL should always be True) 2. **Buffer in Volatile Markets**: Add 5-10 tick buffer to avoid stop hunts 3. **Respect Your Stops**: Don't manually override or move stops further away 4. **Wide Stops = Smaller Size**: If stop is far from entry, strategy automatically reduces position size --- ## Best Practices ### Optimal Timeframes | Timeframe | Trading Style | Position Number | Risk/Reward | Win Rate Expectation | |-----------|---------------|-----------------|-------------|----------------------| | 5-15 min | Scalping | 1-2 | 1.5:1 | 50-55% | | 30 min - 1H | Intraday | 2-3 | 2:1 | 55-60% | | 4H | Swing Trading | 3-5 | 2.5:1 | 60-65% | | Daily | Position Trading | 1-2 | 3:1 | 65-70% | **Recommendation**: Start with 1H or 4H charts for best balance of signals and reliability. ### Ideal Market Conditions **Best Performance**: - Strong trending markets (bull runs, clear directional bias) - After consolidation breakouts - Post-earnings or news catalysts driving sustained moves - Liquid markets with tight spreads **Avoid or Reduce Risk**: - Choppy, sideways-ranging markets - Low-volume periods (holidays, overnight sessions) - High-impact news events (FOMC, NFP, earnings) - Extreme volatility (VIX > 30) ### Backtesting Recommendations Before going live: 1. **Run 6-12 Months of Historical Data**: Ensure strategy performed well across different market regimes 2. **Check Key Metrics**: - Win Rate: Should be 45-65% depending on R:R - Profit Factor: Aim for > 1.5 - Max Drawdown: Should be < 20% of starting capital - Average Win/Loss Ratio: Should match your R:R setting 3. **Stress Test**: Test during known volatile periods (March 2020, Jan 2022, etc.) 4. **Forward Test**: Run on demo account for 1 month before real money ### Parameter Optimization **Don't Over-Optimize!** Avoid curve-fitting to past data. Instead: 1. **Start with Defaults**: Use recommended settings first 2. **Change One Parameter at a Time**: Isolate what improves performance 3. **Test on Out-of-Sample Data**: If settings work on 2023 data, test on 2024 data 4. **Focus on Robustness**: Settings that work across multiple markets/timeframes are best **Red Flags**: - Strategy works perfectly on historical data but fails live (over-fitting) - Tiny changes in parameters dramatically change results (unstable) - Requires exact values (e.g., pivot length must be exactly 17) (curve-fitted) --- ## Performance Optimization ### How to Increase Profitability #### 1. Optimize Risk/Reward Ratio - **Current**: 1.5:1 (default) - **Test**: 2:1, 2.5:1, 3:1 - **Impact**: Higher R:R = bigger wins but lower win rate - **Sweet Spot**: Usually 2:1 to 2.5:1 for trend strategies #### 2. Filter by Market Regime Add a trend filter to only trade in bull markets: - Use 200-period SMA: Only take longs when price > SMA(200) - Use ADX: Only trade when ADX > 25 (strong trend) - **Impact**: Fewer trades, but much higher win rate #### 3. Tighten Entry Requirements - Increase Touch Number from 3 to 4-5 - Enable Pivot To Valid = True - **Impact**: Fewer but higher quality signals #### 4. Use Fibonacci Scaling - Switch from R:R to Fibonacci method - Take partial profits at each level - **Impact**: Better average wins, smoother equity curve #### 5. Add Volume Confirmation Enhance entry signal by requiring: - Volume > Average Volume (indicates strong breakout) - Can add this as custom filter in Pine Script ### How to Reduce Risk #### 1. Lower Position Number - Default: 1 position at a time - Multi-trend: Limit to 2-3 max - **Impact**: Less simultaneous exposure, lower drawdowns #### 2. Reduce Risk Amount - Start with $50 per trade (0.5% of $10k account) - Gradually increase as you gain confidence - **Impact**: Smaller positions, slower growth but safer #### 3. Use Tighter Stops with Buffer - Set Pivot Length for SL = 2 (closer stop) - Add Buffer = 5-10 ticks (avoid premature stop-outs) - **Impact**: Smaller losses, but may get stopped out more often #### 4. Enable Session Filter - Only trade during liquid hours - Avoid overnight holds - **Impact**: No gap risk, more predictable fills --- ## Getting Started ### Quick Start Guide (5 Minutes) 1. **Copy the Strategy Code** - Open the `.txt` file provided - Copy all code to clipboard 2. **Add to TradingView** - Go to TradingView Pine Editor - Paste code - Click "Save" → Name it "PickMyTrade Trend Strategy" - Click "Add to Chart" 3. **Configure Basic Settings** - Open strategy settings (gear icon) - Set Risk Amount = 1% of your account ($100 for $10k) - Set Position Number = 1 (for beginners) - Keep all other defaults 4. **Backtest on Your Market** - Choose your instrument (ES, NQ, AAPL, BTC, etc.) - Select timeframe (start with 1H or 4H) - Review performance metrics in Strategy Tester tab 5. **Optimize (Optional)** - Adjust Touch Number (2-5) to balance signals vs. quality - Try different TP methods (R:R vs. Fibonacci) - Test on multiple timeframes 6. **Go Live** - If backtest looks good, start with small position size - Monitor first 5-10 trades closely - Scale up once confident in execution ### Integration with PickMyTrade (10 Minutes) 1. **Sign Up for PickMyTrade** - Visit (pickmytrade.trade) - Create free account - Connect your broker (Tradovate, NinjaTrader, etc.) 2. **Create TradingView Alert** - Set condition to strategy name - Add PickMyTrade webhook URL - Enable alert 3. **Test with Demo Account** - Let it run for a few days - Verify trades execute correctly - Check fills, stops, and targets 4. **Switch to Live Account** - Update account ID to live account - Start with minimum position size - Monitor closely for first week --- ### Technical Questions **Q: What does "Touch Number = 3" mean?** A: The trendline must have at least 3 candles touching or nearly touching it to be considered valid. **Q: Why am I getting no trades?** A: Trendline requirements may be too strict. Try: - Reduce Touch Number to 2 - Increase Valid Percentage to 0.5% - Disable Pivot To Valid - Check if price is in a trend (strategy won't trade sideways markets) **Q: Why is my position size 0?** A: Risk Amount is too small for the stop distance. Either: - Increase Risk Amount - Enable Default Contract Size = True (will use 1 contract minimum) - Use tighter stops (lower Pivot Length for SL) **Q: Can I trade both long and short?** A: Current code is long-only. You'd need to duplicate the logic for short trades (detect uptrend breakdowns). **Q: How do I change from TradingView strategy to indicator?** A: Change line 5 from `strategy(...)` to `indicator(...)`. Replace `strategy.entry()` and `strategy.exit()` with `alert()` calls. ### Risk Management Questions **Q: What's the maximum drawdown I should expect?** A: Typically 10-20% depending on settings. If experiencing > 25%, reduce position size or tighten filters. **Q: Should I risk more to make more money?** A: No. Risking 2% vs. 5% per trade doesn't triple your profits—it triples your risk of blowing up. Stick to 1-2% per trade. **Q: What if I hit 5 losses in a row?** A: Normal. Even with 60% win rate, losing streaks happen. Don't increase position size to "win it back." Stick to your risk plan. **Q: Do I need to watch the screen all day?** A: No, especially with PickMyTrade automation. Check positions 1-2 times per day. Overtrading kills profits. --- ## Disclaimer **Important Risk Disclosure**: Trading futures, stocks, forex, and cryptocurrencies involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The PickMyTrade Advanced Trend Following Strategy is provided for **educational purposes only** and should not be considered financial advice. **Key Risks**: - You can lose more than your initial investment - Backtested results may not reflect live trading performance - Market conditions change; no strategy works forever - Automation errors can occur (connectivity, bugs, etc.) **Before Trading**: - Consult a licensed financial advisor - Fully understand the strategy logic - Test on demo account for at least 1 month - Only risk capital you can afford to lose - Start with minimum position sizes **PickMyTrade**: This strategy is compatible with PickMyTrade but is not officially endorsed by PickMyTrade. The author is not affiliated with PickMyTrade. For PickMyTrade support, visit their official website. **License**: This strategy is open-source under Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0). You may modify and share, but not for commercial use. --- **Ready to automate your trading with PickMyTrade? Add this strategy to your TradingView chart today and start capturing profitable trend breakouts on autopilot!**
Chiến lược Pine Script®
của bhavishyagoyal
XAutoTrade Alert Builder v1.1Automate Your NinjaTrader Trading with TradingView Alerts The XAutoTrade Alert Builder is a flexible Pine Script strategy that bridges TradingView alerts with NinjaTrader automated trading. Design custom entry signals, configure exit strategies, and execute trades automatically on your NinjaTrader account - all from TradingView charts. Key Features 📊 Flexible Signal Logic - Configure buy/sell signals independently - Compare any two indicators or price sources using crossover, crossunder, greater than, or less than logic - Visual buy/sell markers on chart for easy signal verification 🎯 Multiple Exit Methods 1. ATM Strategy - Leverage your existing NinjaTrader ATM templates for advanced order management 2. Source Signals - Exit positions based on opposite entry signals 3. Fixed Levels - Set stop loss and profit targets using ticks or percentage ⚙️ NinjaTrader Integration - Direct webhook integration with XAutoTrade backend service - Multi-account support (trade multiple accounts simultaneously) - Position sizing and max position limits - Market or limit order types with configurable offset - Time-in-force options (DAY/GTC) - Active hours filter (US ET timezone) to control when alerts execute 🔐 Secure & Reliable - Webhook secret authentication - Symbol override capability - Real-time status indicator showing configuration readiness How It Works 1. Configure Entry Signals - Choose your buy/sell logic by comparing any two data sources (price, indicators, etc.) 2. Set Exit Strategy - Select ATM templates, signal-based exits, or fixed stop/profit levels 3. Connect to NinjaTrader - Enter your XAutoTrade webhook secret and account details 4. Create Alert - Use the strategy's alert system to send formatted JSON payloads to your XAutoTrade webhook 5. Trade Futures & Stocks Automatically - TradingView alerts trigger real trades in your NinjaTrader account Perfect For - Traders wanting to automate TradingView strategies in NinjaTrader - Users with existing ATM templates who want TradingView signal automation - Multi-account traders managing several NinjaTrader accounts - Anyone seeking a no-code bridge between TradingView and NinjaTrader Requirements - Active XAutoTrade account and subscription - NinjaTrader 8 with XAutoTrade AddOn installed - TradingView Premium/Pro account (for webhook alerts)
Chiến lược Pine Script®
của ivytony
pine script tradingbot - many ema oscillator## 🧭 **Many EMA Oscillator (TradingView Pine Script Indicator)** *A multi-layer EMA differential oscillator for trend strength and momentum analysis* --- ### 🧩 **Overview** The **Many EMA Oscillator** is a **TradingView Pine Script indicator** designed to help traders visualize **trend direction**, **momentum strength**, and **multi-timeframe EMA alignment** in one clean oscillator panel. It’s a **custom EMA-based trend indicator** that shows how fast or slow different **Exponential Moving Averages (EMAs)** are expanding or contracting — helping you identify **bullish and bearish momentum shifts** early. This **Pine Script EMA indicator** is especially useful for traders looking to combine multiple **EMA signals** into one **momentum oscillator** for better clarity and precision. --- ### ⚙️ **How It Works** 1. **Multiple EMA Layers:** The indicator calculates seven **EMAs** (default: 20, 50, 100, 150, 200, 300) and applies a **smoothing filter** using another EMA (default smoothing = 20). This removes short-term noise and gives a smoother, professional-grade momentum reading. 2. **EMA Gap Analysis:** The oscillator measures the **difference between consecutive EMAs**, revealing how trend layers are separating or converging. ``` diff1 = EMA(20) - EMA(50) diff2 = EMA(50) - EMA(100) diff3 = EMA(100) - EMA(150) diff4 = EMA(150) - EMA(200) diff5 = EMA(200) - EMA(300) ``` These gaps (or “differentials”) show **trend acceleration or compression**, acting like a **multi-EMA MACD system**. 3. **Color-Coded Visualization:** Each differential (`diff1`–`diff5`) is plotted as a **histogram**: - 🟢 **Green bars** → EMAs expanding → bullish momentum growing - 🔴 **Red bars** → EMAs contracting → bearish momentum or correction This gives a clean, compact view of **trend strength** without cluttering your chart. 4. **Automatic Momentum Signals:** - **🟡 Up Triangle** → All EMA gaps increasing → strong bullish trend alignment - **⚪ Down Triangle** → All EMA gaps decreasing → trend weakening or bearish transition --- ### 📊 **Inputs** | Input | Default | Description | |-------|----------|-------------| | `smmoth_emas` | 20 | Smoothing factor for all EMAs | | `Length2`–`Length7` | 20–300 | Adjustable EMA periods | | `Length21`, `Length31`, `Length41`, `Length51` | Optional | For secondary EMA analysis | --- ### 🧠 **Interpretation Guide** | Observation | Meaning | |--------------|----------| | Increasing green bars | Trend acceleration and bullish continuation | | Decreasing red bars | Trend exhaustion or sideways consolidation | | Yellow triangles | All EMA layers aligned bullishly | | White triangles | All EMA layers aligned bearishly | This **EMA oscillator for TradingView** simplifies **multi-EMA trading strategies** by showing alignment strength in one place. It works great for **swing traders**, **scalpers**, and **trend-following systems**. --- ### 🧪 **Best Practices for Use** - Works on **all TradingView timeframes** (1m, 5m, 1h, 1D, etc.) - Suitable for **stocks, forex, crypto, and indices** - Combine with **RSI**, **MACD**, or **price action** confirmation - Excellent for detecting **EMA compression zones**, **trend continuation**, or **momentum shifts** - Can be used as part of a **multi-EMA trading strategy** or **trend strength indicator setup** --- ### 💡 **Why It Stands Out** - 100% built in **Pine Script v6** - Optimized for **smooth EMA transitions** - Simple color-coded momentum visualization - Professional-grade **multi-timeframe trend oscillator** This is one of the most **lightweight and powerful EMA oscillators** available for TradingView users who prefer clarity over clutter. --- ### ⚠️ **Disclaimer** This indicator is published for **educational and analytical purposes only**. It does **not provide financial advice**, buy/sell signals, or investment recommendations. Always backtest before live use and trade responsibly. --- ### 👨‍💻 **Author** Developed by **@algo_coders** Built in **Pine Script v6** on **TradingView** Licensed under the (mozilla.org)
Chỉ báo Pine Script®
của algo_coders
CM_Donchian Channels V5NOTE: this indicator was created by @ChrisMoody. I found it really useful, so I upgraded it from v3 to v5 This Indicator replicates the Donchian Channels, but with Alerts Capability You can set up an alert for when the price breaks above the upper band or when the price breaks below the lower band It will display respectively a green upward arrow or a red downward arrow It is possible to change the length of the Indicator Original Post:
Chỉ báo Pine Script®
của Raptor211