Trend Performance Tracker
This script is designed for trend trading. Currently set up for stocks long. It's main aim is checking the profitability of the trend trading system that it suggests.
How to use:
- When there is a sufficient trend and pullback for an entry yellow dots will appear under the bars. An buy-stop line (green) and a stop-loss line (red) also appear on the chart at this point.
- the script tracks having made a trade and continues to draw the stop-loss placement on the chart (red line)
- at the bottom of the chart you an see the script tracking the trades it would place.
- Yellow squares are a pending setup
- A green arrow and green squares are a open position
- A pink X means a losing trade and a green flag means a winning trade
- At the current bar will be data on how well the strategy would perform on that pair at that timeframe. "RR" is the total RR made over the number of trades (a bad trade is counted as -1). "win %" is the percentage of winning trades.
- If there RR is > 2 and win % is > 50%, the data box will show as green, indicating a good probability for trading success on that pair and time-frame at that moment.
How to use:
- When there is a sufficient trend and pullback for an entry yellow dots will appear under the bars. An buy-stop line (green) and a stop-loss line (red) also appear on the chart at this point.
- the script tracks having made a trade and continues to draw the stop-loss placement on the chart (red line)
- at the bottom of the chart you an see the script tracking the trades it would place.
- Yellow squares are a pending setup
- A green arrow and green squares are a open position
- A pink X means a losing trade and a green flag means a winning trade
- At the current bar will be data on how well the strategy would perform on that pair at that timeframe. "RR" is the total RR made over the number of trades (a bad trade is counted as -1). "win %" is the percentage of winning trades.
- If there RR is > 2 and win % is > 50%, the data box will show as green, indicating a good probability for trading success on that pair and time-frame at that moment.
Nota Keluaran:
Updated the study name to avoid confusion
Nota Keluaran:
Minor fix to entry
Nota Keluaran:
Updated the RR data box to be out of the way. The X axis bar placement can be set in the options too
Nota Keluaran:
Improved the stop-loss line rules
Nota Keluaran:
Improved trend data to include trend strength and added higher timeframe mas
Nota Keluaran:
Updated pullback rules
Nota Keluaran:
Updated stop loss to not kick out on the first candle
Nota Keluaran:
Updated to include short trend tracking
Nota Keluaran:
Fixed sell line update
Nota Keluaran:
Removed entry circles as were clutter
Nota Keluaran:
updated to show buy line at last 10 candles
Nota Keluaran:
Minor edit
Nota Keluaran:
cleaned up script
Nota Keluaran:
fixed some small details
Nota Keluaran:
Removes swing high line as not really useful