Most definitely this is the best strategy I have ever coded. (Read Note Below) Version 3 of PineScript code, 2 contract/lot trades at once, pyramiding = 2. Commission of 100 pips included on each trade, accurate representation of actual spreads, commission_value = 0.02. This is essentially 270% of profit in a single month - check the date on the first...
Version 3 for you guys, just add to favorites and you can use. Only 36 trades since 2017, since that is when the backtesting began. I made the commission more realistic, now it is about 37 pips per trade. Only works on gold, (XAUUSD). Trend Following as you can see. 1 contract size, 1 trade at a time, good proof of how being correct less than a third of the...
Version 2 Updates Speed has been increased by ~7X Highest and lowest pairs now highlighted using brighter colors Re-ordered pairs from highest to lowest 'flight to risk' rating I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors...
I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors and its average change is measured over a predetermined period of time. The result is displayed as a percentage. I use it for trend following but it can also be used to fade...
Trend follow script to be used across all market instruments and timeframes. It will be available for testing and subscription soon.
Comprehensive Trend Trading System Indicator made up of the four components to help you successfully trade market trends: Entry Signals (Green & Red Arrows) The entry arrows indicate entry conditions are present. Green for long entries and red for short entries. If you already in position in the direction of an entry signal, ignore it. Switch to position...
//////////////////////////////////////////////////////////// // Copyright by Randalll.com v1.0 09/03/2016 // This indicator provides 5 Exponential Moving Averages. // Works well on 1D,4H,1H TF // To be used with traditional trend following strategies. // Example // If 50/100/200 trending in same direction. Then buy/sell // with trend direction....
The Donchian values are basically from Ed Sekoytas original statistical run, that gave the values 30 & 120 (aren't as relevant today, but still packs a punch). The idea of this code is just to take that 30, add a very simple inset of it, with ATR, and color code the bar Green or Red to indicate the direction of the trend. When a new break of the 120 line, (thick...