tux

MULTIPLE TIME-FRAME STRATEGY(TREND, MOMENTUM, ENTRY)

Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point.

Long Term:
- If closed candle is above entry then we are looking for longs, otherwise we are looking for shorts

Medium Term:
- If Stoch SmoothK is above or below SmoothK and the momentum matches long term trend then we look for entries.

Short Term:
- If a moving average crossover(long)/crossunder(short) occurs then place a trade in the direction of the trend.

Close Trade:
- Trade is closed when the Medium term SmoothK Crosses under/above SmoothD.

You can mess with the settings to get the best Profit Factor / Percent Profit that matches your plan.

Best of luck!
Skrip sumber terbuka

Dalam semangat TradingView yang sebenar, penulis skrip ini telah menerbitkannya dengan menggunakan sumber terbuka supaya pedagang-pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda dapat menggunakannya secara percuma tetapi penggunaan semula kod ini dalam penerbitan adalah dikawalselia oleh Peraturan Rumah. Anda boleh menyukainya untuk menggunakannya pada carta.

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.

Ingin menggunakan skrip ini pada carta?
//@version=2
strategy("TUX MTF", overlay=true)

// MULTIPLE TIME FRAME STRATEGY
// LONG TERM --- TREND
// MED TERM --- MOMENTUM
// SHORT TERM --- ENTRY

// ENTRY POSITION TIMEFRAME
entry_position = input(title="Entry timeframe (minutes)", type=integer, defval=5, minval=1, maxval=1440)
med_term = entry_position * 4
long_term = med_term * 4

// GLOBAL VARIABLES
ma_trend = input(title="Moving Average Period (Trend)", type=integer, defval=50, minval=5, maxval=200)

// RSI
length = input(title="Stoch Length", type=integer, defval=18, minval=5, maxval=200)
OverBought = input(title="Stoch OB", type=integer, defval=80, minval=60, maxval=100)
OverSold = input(title="Stoch OS", type=integer, defval=20, minval=5, maxval=40)
smoothK = input(title="Stoch SmoothK", type=integer, defval=14, minval=1, maxval=40)
smoothD = input(title="Stoch SmoothD", type=integer, defval=14, minval=1, maxval=40)
maSm = input(title="Moving Avg SM", type=integer, defval=7, minval=5, maxval=50)
maMed = input(title="Moving Avg MD", type=integer, defval=21, minval=13, maxval=200)

// LONG TERM TREND
long_term_trend = security(ticker, tostring(long_term), sma(close,ma_trend)) > security(ticker, tostring(long_term), close)
plot(security(ticker, tostring(long_term), sma(close,ma_trend)), title="Long Term MA", linewidth=2)
// FALSE = BEAR
// TRUE = BULL

// MED TERM MOMENTUM

k = security(ticker, tostring(med_term), sma(stoch(close, high, low, length), smoothK))
d = security(ticker, tostring(med_term), sma(k, smoothD))

os = k >= OverBought or d >= OverBought
ob = k <= OverSold or d <= OverSold


// SHORT TERM MA X OVER
bull_entry = long_term_trend == false and os == false and ob == false and k > d and security(ticker, tostring(entry_position), crossover(sma(close, maSm), sma(close, maMed)))
bear_entry = long_term_trend == true and os == false and ob == false and k < d and security(ticker, tostring(entry_position), crossunder(sma(close, maSm), sma(close, maMed)))



bull_exit = crossunder(k,d)
bear_exit = crossover(k,d)



if (bull_entry)
    strategy.entry("Long", strategy.long, 10000)
    

if (bear_entry)
    strategy.entry("Short", strategy.short, 10000)
  
strategy.close("Long", when = bull_exit == true)
strategy.close("Short", when = bear_exit == true)