PROTECTED SOURCE SCRIPT
Best Profitable Hours Strategy with TP/SL
Core Concept:
Trades only during historically most profitable market hours (based on specified lookback period)
Input Parameters:
Lookback period (5-30+ days)
Number of top profitable hours to trade (1-6)
Long/short trade enable/disable
Customizable TP/SL percentages
Data Processing:
Tracks hourly returns in 24-element arrays
Resets calculations daily at market close
Ranks hours by profitability using array sorting
Trading Logic:
Entries only during top-performing hours
Position sizing: 100% margin allocation
Automatic exit at end of each trading hour
0.1% commission per trade
Risk Management:
Percentage-based take profit orders
Percentage-based stop loss orders
Separate TP/SL for long and short positions
Visual Features:
Blue background highlighting best trading hours
Triangle markers for entry points
Real-time TP/SL level indicators (circles)
Color-coded signals (green=long, red=short)
Position Handling:
Prevents multiple entries in same hour
Closes all positions when best-hour window ends
Uses average entry price for TP/SL calculation
Optimization:
Adjustable historical analysis period
Customizable number of trading hours
Flexible TP/SL ratios
The strategy combines historical hour performance analysis with active trade management through TP/SL orders, providing visual feedback for trading decisions while maintaining strict hour-based position control
Trades only during historically most profitable market hours (based on specified lookback period)
Input Parameters:
Lookback period (5-30+ days)
Number of top profitable hours to trade (1-6)
Long/short trade enable/disable
Customizable TP/SL percentages
Data Processing:
Tracks hourly returns in 24-element arrays
Resets calculations daily at market close
Ranks hours by profitability using array sorting
Trading Logic:
Entries only during top-performing hours
Position sizing: 100% margin allocation
Automatic exit at end of each trading hour
0.1% commission per trade
Risk Management:
Percentage-based take profit orders
Percentage-based stop loss orders
Separate TP/SL for long and short positions
Visual Features:
Blue background highlighting best trading hours
Triangle markers for entry points
Real-time TP/SL level indicators (circles)
Color-coded signals (green=long, red=short)
Position Handling:
Prevents multiple entries in same hour
Closes all positions when best-hour window ends
Uses average entry price for TP/SL calculation
Optimization:
Adjustable historical analysis period
Customizable number of trading hours
Flexible TP/SL ratios
The strategy combines historical hour performance analysis with active trade management through TP/SL orders, providing visual feedback for trading decisions while maintaining strict hour-based position control
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.