Mulakan

Educational

Sr.Rma.Breakout.Fib (Merged)DO YOUR DUE DILIGENCE – THIS IS FOR EDUCATIONAL PURPOSE AND NOT A TRADE ADVICE- This strategy is designed for traders who want to merge pattern recognition (breakouts) with market structure context (Fibonacci), while maintaining disciplined trade management through automated stop-loss and reversal logic. “Once the chart is added, please ensure the candle pattern is set to Heikin Ashi.” 1. Breakout Finder Logic The breakout finder identifies bullish and bearish breakouts using pivots, thresholds, and test counts: • Pivot Highs & Lows (PH/PL): Calculated using user-defined periods. • Breakout Threshold: Dynamic channel width based on recent volatility. • Confirmation: A breakout is validated when price action clears the breakout Conditions • Bullish Breakout: Triggered when multiple pivot highs are cleared by bullish Conditions. • Bearish Breakout: Triggered when multiple pivot lows are broken by bearish Conditions. • Sessions ignored: Traders can exclude up to three custom time windows to prevent signals during low-quality periods. Risk & Reversal Controls • Stop-Loss: Adjustable % thresholds for both long and short trades. • Reversal Entries: Optional signals that trigger after a stop-loss, capturing potential price reversals. 2. Strategy Order Management The strategy executes entries and exits based on confirmed breakout and reversal signals: • Entries: o Long on confirmed bullish breakout. o Short on confirmed bearish breakout. • Stops: o Automatic closure of open positions when stop-loss conditions are hit. • Reversals: o Transition directly from long to short or vice versa when reversal conditions are met. 3. Auto Fibonacci Retracement A ZigZag-based system automatically plots Fibonacci retracement levels on the chart: • Swing Context: Derived dynamically from pivots with adjustable depth and deviation settings. • Fib Levels: Standard retracement and extension levels (0.236, 0.382, 0.5, 0.618, 0.786, 1.0, 1.618, 2.618, 3.618, 4.236, etc.) are supported. • Custom Options: o Extend lines left or right. o Show/hide level prices and percentage values. o Control label positions (left or right). o Adjustable transparency for background fills between levels. • Crossing Alerts: Alerts are fired when the price crosses specific Fibonacci levels, enhancing confluence with breakout signals. 5. Key Benefits • Comprehensive Trading Framework: Combines breakout confirmation, risk management, and Fibonacci context. • Visual Clarity: Automatic plotting of breakout structures and Fib levels makes the chart intuitive. • Flexible Controls: Full customization of pivots, thresholds, sessions, stop-loss %, and Fib settings. • Automation Ready: Alerts and strategy orders allow seamless integration with brokers or external systems.
Strategi Pine Script®
oleh gan556677
MOONA130925-2305bThe Martingale strategy in crypto trading involves doubling trade size after each loss, aiming to recover losses with one win and secure a small profit. While potentially effective short-term, it carries high risk, as consecutive losses can rapidly exhaust capital, making it unsustainable without strict risk management. Use Below Settings for Best Results. 5Min or 15 Min EMA 20 EMA 45 EMA 200 Keep Enable EMA on Entry- ON Length 1- 45 Length 2- 200 Set Target 3% (Untick all Except T1) Set SL 1.5%
Strategi Pine Script®
oleh StockForexCrypto
Sr.Ram.GodSoun.Market StructureDisclaimer: This chart is for educational purposes only. Please do your own due diligence — this is not trade advice. Any signals for buys, sells, calls, or puts are purely strategy outputs and should not be considered trading recommendations. This strategy is designed for "SPY" and "QQQ" on a 3-minute time frame. It is built on market-structure breakouts, identifying swing highs and lows using a configurable Market Structure Duration. A bullish breakout triggers a Calls (long) entry, while a bearish breakout triggers a Puts (short) entry. Signals are filtered with session-based exclusions, ensuring no entries or exits occur during the following EST time windows: 09:30 – 09:45 12:00 – 13:00 15:30 – 16:00 Risk management is enforced through percentage-based exits: Close Longs and switch to Puts if price moves 0.2% Close Puts and switch to Calls if price moves 0.2% The strategy also incorporates re-entry logic after a stop-out: Re-enter Puts on a further 0.3% breakdown. Re-enter Calls on a further 0.3% breakout. Built-in alerts cover all entries, exits, and re-entries, enabling seamless use with automated trading or notifications.
Strategi Pine Script®
oleh gan556677
Sr.Rma.Prev High/lows with Alerts Disclaimer: This chart is designed for educational purposes only. Please conduct your own due diligence before entering any trades. The strategy is based on previous highs and lows, combined with stop-loss and reversal percentage logic. It is most effective on SPY and QQQ using the 1-minute time-frame, where I personally trade next-day expiration with preset configurations. If you choose to apply it to other stocks, be sure to adjust the stop-loss % and re-entry % parameters to match your trading style and risk tolerance.
Strategi Pine Script®
oleh gan556677
IB BreakoutIt marks the IB range (high, low, midpoint) from a chosen session window (default 9:30–10:30). It plots the IB lines, midpoint (colored based on close), and extension levels (+/–25% and 50%). After the IB session ends, it looks for breakouts: Long if price closes above IB high. Short if price closes below IB low. Each trade targets the 25% extension in the breakout direction, with an optional stop at the opposite IB level. It limits the number of trades per day and displays info (trades, position, IB range, next target) in a table.
Strategi Pine Script®
oleh Seatheat
AVWAP+RSI Confluence — 1R TesterRSI + 1R ATR - Monthly P\&L (v4) WHAT THIS STRATEGY DOES (OVERVIEW) * Pine strategy (v4) that combines a simple momentum trigger with a symmetric 1R ATR risk model and an on-chart Monthly/Yearly P\&L table. * Momentum filter: trades only when RSI crosses its own SMA in the direction of the trend (price vs Trend EMA). * Risk engine: exits use fixed 1R ATR brackets captured at entry (no drifting targets/stops). * Accounting: the table aggregates percentage returns by month and year using strategy equity. ENTRY LOGIC (LONGS & OPTIONAL SHORTS) Indicators used: * RSI(rsiLen) and its SMA: SMA(RSI, rsiMaLen) * Trend filter: EMA(emaTrendLen) on price Longs: 1. RSI crosses above its RSI SMA 2. RSI > rsiBuyThr (filters weak momentum) 3. Close > EMA(emaTrendLen) Shorts (optional via enableShort): 1. RSI crosses below its RSI SMA 2. RSI < rsiSellThr 3. Close < EMA(emaTrendLen) EXIT LOGIC AND RISK MODEL (1R ATR) * On entry, snapshot ATR(atrLen) into atrAtEntry and the average fill price into entryPx. * Longs: stop = entryPx - ATR \* atrMult; target = entryPx + ATR \* atrMult * Shorts: mirrored. * Stops and targets are posted immediately and remain fixed for the life of the trade. POSITION SIZING AND COSTS * Default position size: 25% of equity per trade (adjustable in Properties/inputs). * Commission percent and a small slippage are set in strategy() so backtests include friction by default. MONTHLY / YEARLY P\&L TABLE (HOW IT WORKS) * Uses strategy equity to compute bar returns: equity / equity\ - 1. * Compounds bar returns into current month and current year; commits each finished period at month/year change (or last bar). * Renders rows as years; columns Jan..Dec plus a Year total column. * Cells colored by sign; precision and maximum rows are controlled by inputs. * Values represent percentage returns, not currency P\&L. VISUAL AIDS * Two pivot trails (pivot high/low) are plotted for context only; they do not affect entries or exits. CUSTOMIZATION TIPS * Raise rsiBuyThr (long) or lower rsiSellThr (short) to filter weak momentum. * Increase emaTrendLen to tighten trend alignment. * Adjust atrLen and atrMult to fit your timeframe/instrument volatility. * Leave enableShort = false if you prefer long-only behavior or shorting is constrained. NON-REPAINTING AND BACKTEST NOTES * Signals use bar-close crosses of built-in indicators (RSI, EMA, ATR); no future bars are referenced. * calc\_on\_every\_tick = true for responsive visuals; Strategy Tester evaluates on bar close in history. * Backtest stop/limit fills are simulated and may differ from live execution/liquidity. DISCLAIMERS * Educational use only. This is not financial advice. Markets involve risk. Past performance does not guarantee future results. INPUTS (QUICK REFERENCE) * rsiLen, rsiMaLen, rsiBuyThr, rsiSellThr * emaTrendLen * atrLen, atrMult, enableShort * leftBars, rightBars, prec, showTable, maxYearsRows SHORT TAGLINE RSI momentum with 1R ATR brackets and a built-in Monthly/Yearly P\&L table. TAGS strategy, RSI, ATR, trend, risk-management, backtest, Pine-v4
Strategi Pine Script®
oleh rushikeshy3
1
Master Arb Recipes – 3 Commas signal Bot integration Master Arb Recipes – 3 Commas signal Bot integration Purpose A systematic arbitrage/accumulation framework with pre-tuned “recipes” for BTC/ETH/XRP/SUI/SOL plus a fully manual mode. It automates signal generation for external execution bots (via alert() JSON), while showing on-chart panels for goals, active parameters, DCA position, and P&L/ROI/CAGR. Backtests simulate market orders with optional slippage and TradingView commissions. Key ideas Entries: Intrabar trigger when price drops by the recipe’s Entry drop % from the previous close. Exits: Profit-taking when price rises by the recipe’s Exit rise % (optionally requiring price above average cost). DCA accounting: Tracks running quantity, average cost, realized (cash) P&L, and unrealized (coin) P&L. Capital planning: “ReqCap” column estimates capital = Entry $ × Allowed entries (UI only; does not affect orders). Alerts (live only): Sends minimal Custom Signal JSON for enter_long / exit_long to your execution bot. What’s included on chart Top-Right: Strategy Goals Table Describes the objective for each preset. Auto-filters by the chart’s base (optional). Bottom-Left: Active Recipe Panel (with 3C UI column) Shows the active preset (or custom) with: timeframe, Sell-Above-Cost state, Entry/Exit %, Exit-as-%-of-Entry, min bars between entries, once-per-bar gate, and 3Commas UI guidance for optional filters and per-order dollars. Top-Left: DCA Panel Current base quantity, average cost, and realized P&L. Bottom-Right: P&L + ROI/CAGR Panel Cash P&L (realized), Coin P&L (unrealized), Total P&L, ROI since first fill, and annualized CAGR. Displays denominators for both StartCap (strategy.initial_capital) and ReqCap (planning). Presets BTC: STH1_D, LTH1_6H, LTH2_D, LTH3_W, LTH4_6H ETH: STH1_D, STH2_D, LTH1_D XRP: STH1_D, STH2_6H, LTH1_6H, LTH2_1H SUI: STH1_D, STH2_D, STH3_D SOL: STH1_D, LTH1_D Each preset sets Entry drop %, Exit rise %, default Entry $, Exit-as-%-of-Entry, Sell-Above-Cost flag, and a reference timeframe (display only). Custom mode lets you define these manually. Inputs you’ll use 3Commas Custom Signal: secret, bot_uuid, max_lag_sec. Start Window: Exact date/time + timezone to begin trading/signals. Entry/Exit Parameters: Entry drop %, Exit rise %, Sell Above Avg Cost toggle, Exit as % of Entry. Capital Planning: Allowed entries (for ReqCap), Entry $ override (panel only). Execution/Sim: Simulated slippage %, once-per-bar gate, minimum bars between entries, TradingView commission. Panels: Toggles + positions for each table. Alert / Bot integration Alerts fire only in realtime (barstate.isrealtime) on order submission. Create one alert on this script using “Any alert() function call”. Payload (Custom Signal style) includes: secret, bot_uuid, max_lag, timestamp, trigger_price, tv_exchange, tv_instrument, action where action ∈ {enter_long, exit_long}. Sizing: This script does not include per-order sizing in the JSON; size in your bot UI. The on-chart Entry $ / Exit $ values are for planning/backtest display. 3Commas optional filter mapping (shown in the panel’s “3C UI” column): Entry filters: Same order: set to –EntryDrop% (ON) From average entry: set to –EntryDrop% (ON) Exit filters: If Sell Above Cost = ON → From average entry +ExitRise% (ON); Same order OFF If Sell Above Cost = OFF → Same order +ExitRise% (ON); From average entry OFF Per-order volume: Use your bot’s UI. Panel shows the dollars you planned (Entry $ and Exit $). Backtest notes & limitations Uses calc_on_every_tick=true and intrabar checks against the previous close for entry drops; historical behavior won’t perfectly match exchange microstructure. process_orders_on_close=false; fills are simulated at bar prices with your slippage setting and TV commission. Alerts and webhook timing depend on TradingView + broker/exchange latencies; use max_lag_sec accordingly. Required Capital (ReqCap) is for planning only and does not reserve funds or constrain orders. Recommended markets/timeframes Crypto spot or futures charts that trade 24/7. Preset labels (D/6H/1H/W) are reference rhythms for volatility; the script runs on any timeframe but results will vary. Change log (04092025) Added 3C UI guidance column in Active Recipe panel (dynamic % per recipe). Restored Goals (top-right) and P&L/ROI/CAGR (bottom-right with StartCap & ReqCap). Minor UI clarifications; trading logic unchanged. Disclaimer This script is for research and education. It is not financial advice and makes no performance promises. Backtests are hypothetical and subject to substantial limitations. Markets involve risk; you can lose capital. Test on paper first and deploy at your own discretion. Licensed under the Mozilla Public License 2.0.
Strategi Pine Script®
oleh gleefulJaguar47150
EMA inFusion Pro - Multiple SourcesEMA Fusion Pro: Dynamic Trend & Momentum Strategy with Three Exit Modes EMA Fusion Pro is a highly customizable, multi-exit trend-following strategy designed for traders who value both precision and flexibility. By leveraging exponential moving averages (EMA), average directional index (ADX), and volume analysis, this strategy aims to capture trending market moves while offering three distinct exit modes for optimal risk management across varying market conditions. Strategy Overview This strategy systematically identifies potential entry points using a moving average crossover with highly configurable data sources (including price, volume, rate of change, or their Heikin Ashi versions) and filters signal quality with ADX trend strength and volume spikes. Each trade is managed with one of three advanced exit methodologies—reverse signal, ATR-based stop/take profit, or fixed percentage—giving you the control to adapt your risk profile to different market regimes. Key Features Customizable EMA Source: Calculate the core trend-filtering EMA from price (default), volume, rate of change, or their Heikin Ashi counterparts for unique market perspectives. Trend Filter with ADX: Confirm entries only when the trend is strong, as measured by the user-adjustable ADX threshold. Volume Spike Confirmation: Optional filter to only take trades with above-average volume activity, reducing false signals. Three Exit Modes: Reverse Signal: Exit trades when a new, opposite entry signal occurs. ATR-Based Stop/Take Profit: Dynamic risk management using multiples of the average true range (ATR) for both take profit and stop loss. Percent-Based Stop/Take Profit: Fixed-percentage risk management with user-defined thresholds. Visual Annotations: Signal markers, EMA line color-coded by source, trend background coloring, and optional ATR/percent-based TP/SL levels. Info Panel: Real-time display of all core indicators, current trading mode, exit parameters, and position status for quick oversight. How It Works Entry Logic: A crossover signal (above/below the EMA) triggers a new entry, but only if both ADX trend strength and (optionally) volume spike conditions are met. Exit Logic: Three selectable modes allow you to exit trades on reverse signals, at a dynamic ATR-based profit or loss, or at a fixed percentage gain/loss. Flexible Data Analysis: The EMA source can be chosen from six options—standard price, volume, rate of change, or their Heikin Ashi variants—allowing experimentation with different market dimensions. Risk Management: All exits are precisely controlled, either by the next opposing signal, by volatility-adjusted levels, or by fixed risk/reward ratios. Backtest & Optimization: The strategy is fully backtestable within TradingView’s Strategy Tester, with adjustable parameters for optimization. Customization & Usage Indicator Source: Select your preferred data type for EMA calculation, opening the door to creative strategy variations (e.g., volume momentum, pure price trend, rate of change divergence). Filter Toggles: Enable/disable ADX and volume filters as desired—useful for different market environments. Exit Mode Selection: Switch between reverse, ATR, or percent-based exits with a single parameter—ideal for adapting to ranging vs. trending markets. Visual Clarity: The EMA line color reflects its underlying source, and the info panel summarizes all critical values for easy monitoring. Who Should Use This Strategy? Trend Followers seeking to ride strong moves with multiple exit options. Experienced Traders who want to experiment with different data types (volume, momentum, Heikin Ashi) for trend analysis. Algorithmic Traders looking for a robust, flexible base to build upon with their own ideas. Getting Started Apply the script to your chart and review default settings. Customize parameters—EMA length, ADX threshold, volume settings, exit type—as desired. Backtest on multiple instruments and timeframes to evaluate performance. Optimize filters, exit rules, and risk parameters for your preferred trading style. Monitor with the real-time info panel and trade alerts. Disclaimer This script is for educational and entertainment purposes only. It is not financial advice. Past performance is not indicative of future results. Always conduct thorough testing and consider your risk tolerance before trading real capital. — Happy Trading — Feel free to adapt, share, and contribute to this open-source strategy!
Strategi Pine Script®
oleh fenyesk
1
BTC_Hull Suite StrategyOverview BTC_Hull Suite Strategy is a trend-following system designed to keep drawdowns modest while staying exposed during genuine uptrends. It uses the Hull Moving Average (HMA) for fast, low-lag trend turns, a long-term SMA filter to avoid chop, and a percentage trailing stop to protect gains. 🔧 What the strategy includes - Hull Moving Average (HMA) with configurable length (default 55) - SMA filter (default 130) to trade only with higher-timeframe bias - Trailing stop in percent (default 5%) based on the running peak of close - Execution model: signals are evaluated on the previous bar and entries are placed at the next bar’s open (TradingView default) 📈 How it works: ✅ Entry (Long): Detects a bullish Hull turn by comparing the current HMA to its value 3 bars ago: h > h3 and h <= h3 → HMA just turned up on the prior bar The SMA filter must confirm: close > sma If both are true (and within the date window), a long is opened next bar at the open ❌ Exit: Hull turn down: h < h3 and h >= h3 , or Trailing stop: price closes below peak * (1 – trailingPct) Either condition closes the position at the current bar’s close Notes: pyramiding = 1 → allows one add-on (maximum two concurrent long positions) Position sizing defaults to 20% of equity per entry (adjustable in Properties) Who is this for? This strategy is tailored for Bitcoin traders (spot or perpetuals) who want a rules-based, low-lag trend system with built-in drawdown protection. It works best on Daily or 4H charts, but parameters can be adapted for other timeframes. ⚠️ Disclaimer This strategy is provided for educational and research purposes only. It is not financial advice. Markets are risky — always test on your own data, include realistic fees/slippage, and forward-test before using real capital.
Strategi Pine Script®
oleh Trading_Alpha01
Illyad Strategy 1.0 - Automate your alerts by connecting to MT5Illyad Strategy 1.0 – Automated Prop Trading System (30m Timeframe) Description: The Illyad Strategy 1.0 is a rule-based automated trading system designed for serious traders and prop-firm challenges. 🔑 Key Features: Optimised to work best on the 30-minute timeframe. Built-in money management to keep drawdown controlled. Dynamic stop-loss / take-profit levels. Works across forex, indices, and stocks. Compatible with TradingView alerts → MT5 automation. ⚙️ Optimisation: Each symbol has its own behaviour. For best results, you should optimise the parameters (moving averages, signal intensity, SL/TP ratios) on the symbol you want to trade. The algo adapts differently to EURUSD vs NASDAQ vs stocks like TSLA, so proper tuning is critical. 💡 Best Use Case: Prop firm accounts (FTMO, MyForexFunds, AquaFunded, etc.). Consistent returns without emotional decision-making. Traders who want to scale multiple accounts at once. ⚠️ Disclaimer: This script is for educational purposes. Past results do not guarantee future returns. Always backtest and forward test on demo before going live. 📲 Next Step: This is the public version. If you’d like to connect it directly to MT5/MT4 for fully automated trading, visit my profile or contact me for details.
Strategi Pine Script®
oleh acenglish
Advanced Supertrend ADX Strategy with Highest ReturnOverview This sophisticated trading strategy combines the proven Supertrend indicator with advanced momentum filters and trend strength analysis to identify high-probability long entries in trending markets. Key Features ✅ Supertrend-Based Signals: Uses optimized ATR calculations for reliable trend detection ✅ Advanced Momentum Filtering: Multiple proprietary momentum filters ensure entry quality ✅ Trend Strength Validation: ADX-based confirmation prevents false signals in weak trends ✅ Intelligent Risk Management: Dynamic stop-loss system based on price action ✅ Visual Stop Loss Indicators: Clear visual representation of risk levels How It Works The strategy enters long positions when: Supertrend indicator confirms bullish trend reversal Proprietary momentum conditions align for optimal entry timing Trend strength exceeds minimum threshold (ADX > 20) Multiple timeframe momentum filters confirm signal quality Ideal For Trending markets (stocks, forex, crypto, indices) Swing trading timeframes (15m to 4H work best) Traders seeking systematic, rule-based entries Risk-conscious traders wanting clear stop levels Settings ATR Period: Adjustable for different volatility environments (default: 10) Supertrend Factor: Fine-tune sensitivity (default: 3.0) ADX Parameters: Customize trend strength requirements Performance Notes Long-only strategy optimized for uptrending markets Works best in trending conditions, may underperform in choppy markets Designed for systematic execution with clear entry/exit rules Disclaimer Past performance does not guarantee future results. Always use proper risk management and position sizing appropriate for your account size. This is just for education purpose only and not recomanded for trading in s
Strategi Pine Script®
oleh VikramDivekar
Close Above/Below Prev 2 Candle Strategy (Any Timeframe)Title: Close Above/Below Previous 2 Candle Strategy (Any Timeframe) Description: This strategy identifies potential breakout and trend continuation signals by analyzing the closing price relative to the highs and lows of the previous two candles. It works on any chart timeframe, making it versatile for intraday, swing, and daily trading. How it works: Long Entry (Bullish Signal): Triggered when the current candle closes above the highs of the previous two candles. Short Entry (Bearish Signal): Triggered when the current candle closes below the lows of the previous two candles. Visual Indicators: Green triangles above the bar indicate bullish signals. Red triangles below the bar indicate bearish signals. Strategy Features: Works on any timeframe, from 1-minute charts to daily/weekly charts. Configurable risk/reward ratio for automatic stop-loss and take-profit levels. Alerts trigger immediately when the condition is met, helping traders react to potential breakouts. Provides clean visual signals for easy chart reading and decision-making. Benefits: Reduces noise by focusing on candle close confirmations. Versatile and suitable for intraday, swing, and long-term trading. Easy to combine with other indicators or strategies.
Strategi Pine Script®
oleh karthikacharya60
Close Above/Below Prev 2 Candle (Daily Close)This strategy identifies potential trend continuation or breakout signals by analyzing the daily candle closes relative to the previous two daily candles. It generates clear alerts and trade signals only after the daily candle has fully closed, reducing false intraday triggers. How it works: Long Entry (Bullish Signal): Triggered when the daily candle closes above the highs of the previous two daily candles. Short Entry (Bearish Signal): Triggered when the daily candle closes below the lows of the previous two daily candles. Visual Indicators: Green triangles indicate bullish signals, red triangles indicate bearish signals. Strategy Features: Optional long and short entries with configurable risk/reward ratio. Automatic stop-loss and take-profit calculation based on candle structure. Works on intraday charts using daily candle analysis. Alerts: Alerts trigger only after the daily candle closes above/below the previous two daily candles. Helps traders receive precise notifications for potential breakout trades. Benefits: Reduces noise by using daily candle closes. Easy to integrate with other swing or trend strategies. Provides clear visual and alert signals for both bullish and bearish setups.
Strategi Pine Script®
oleh karthikacharya60
Scalping Line Strategy📌 Scalping Line Strategy – A Precision Crossover System 🔎 Overview The Scalping Line Strategy is a short-term trading system built around the concept of momentum-driven crossovers between a smoothed moving average filter and a fast signal line. It is designed for scalpers and intraday traders who seek clear entry signals, minimal lag, and adaptive filtering to fit volatile market conditions. At its core, the strategy uses a custom signal line ("Scalping Line"), which is derived from the difference between a double-smoothed moving average and a shorter-period signal line. Trade entries are triggered when this Scalping Line crosses above or below zero, providing a clean and rules-based framework for both long and short setups. ⚙️ Core Logic Main Trend Filter – A double-smoothed moving average is calculated over a configurable period (default 100). This reduces noise and provides a more robust backbone for scalping signals. Percent-Based Filter – To avoid false signals, a customizable percentage filter adjusts how closely the system “respects” price deviations from the moving average. This helps filter out insignificant fluctuations. Signal Line – A shorter-period simple moving average (default 7) provides faster responsiveness to recent price action. Scalping Line (SLI) – Calculated as the difference between the fast signal line and the smoothed moving average. When the SLI crosses zero, it signals a potential momentum shift. SLI > 0 → Momentum bias is bullish. SLI < 0 → Momentum bias is bearish. 🎯 Trade Direction & Flexibility Trade Direction Control: Choose between Long Only, Short Only, or Both to tailor the system to your trading style. Signal Flip Option: By default, long entries occur when the SLI crosses below zero, and shorts when it crosses above zero. This orientation can be flipped, allowing for alternative interpretations of the signals depending on how you want to capture momentum in your market. 🕒 Time Window Filtering For intraday traders, a time filter can be enabled to restrict signals to specific trading sessions (e.g., 9 AM – 4 PM EST). This is particularly useful when trading assets such as equities or futures that have strong intraday volatility windows. 📈 Visuals & Clarity Scalping Line Plot: Displayed as a dynamic oscillator around a zero baseline. Histogram Fill: Green when above zero (bullish bias), red when below zero (bearish bias). Signal Markers: Clear arrows mark long and short entries at crossover points. Zero Line Reference: A flat gray line at zero assists in visually gauging momentum shifts. 🚀 Strategy Execution Long Entry: Triggered when SLI crosses below zero (or above zero if flip is enabled) within allowed session hours. Short Entry: Triggered when SLI crosses above zero (or below zero if flip is enabled) within allowed session hours. Built-in Signal Cancels: Pending entries are canceled if conditions are no longer valid, ensuring no stale trades remain active. ✅ Best Use Cases Markets: Works across equities, forex, crypto, and futures with sufficient intraday volatility. Timeframes: Most effective on 1m to 15m charts for scalping setups, but adaptable to higher frames for swing trading. Style: Traders who appreciate simple, rules-based momentum crossovers will find this system easy to follow and highly adaptable. ⚠️ Risk Management Note This strategy is strictly an entry signal framework. Position sizing, stop-loss, and take-profit rules must be overlaid based on your risk management style. Always validate results with backtesting and forward testing before applying to live trading accounts. 📜 Final Thoughts The Scalping Line Strategy offers a refined, easy-to-interpret approach to intraday trading. By combining smoothed moving averages, adaptive filtering, and flexible signal options, it helps traders identify short-term momentum shifts with clarity and confidence, making it a highly configurable tool for scalping-focused strategies.
Strategi Pine Script®
oleh nirnaykhatri