SMAX Study v2.0 KGS Edition Pine v4

30 Dis 2019

The base code for this script has been derived from Yellow Flower's 'SMAX Strategy'. The strategy is intended to be used on the 1HR Chart for best results, however it can be used on any timeframe you desire.

The following updates have been implemented:

*Updated to Pine v4. There is no repainting in this script as it does not utilize the security ticker function.
*Position size is no longer fixed to 1 contract. Pyramiding has been removed from the code.
*Various miscellaneous syntax changes to optimise code.

Other Notes:
// Optimised Chart Settings:
// 15m superLength = 48, fastLength = 1536
// 1h superLength = 12, fastLength = 384, TS: 9%, SL: 5%, TP: 68%
// 4h superLength = 3, fastLength = 96
// 1D superLength = 0.5, fastLength = 16

6 Jan 2020

Nota Keluaran

The following updates have been implemented:

• Updated to Version 3.0
  
• Updated Recommended Optimised Risk Mananagement Parameters in script comments (also shared below).
  
• Miscellaneous syntax changes to tidy up and simplify code.
  

// Optimised Chart Settings:
// 15m superLength = 48, fastLength = 1536
// 1h superLength = 12, fastLength = 384
// 4h superLength = 3, fastLength = 96
// 1D superLength = 0.5, fastLength = 16

TS: 22.5, SL: 6%, TP: 135%

20 Feb 2021

Nota Keluaran

This script is no longer freemium.

The ability to change inputs (thresholds) has been disabled in this free to use version. You may still apply this free version to your charts to understand the script, but you will not be able to adjust it for application.

For access to the premium version of this script which allows you to change inputs, please contact me.