The "Mechanical Trading Strategy" is a simple and systematic approach to trading that aims to capture short-term price movements in the financial markets. This strategy focuses on executing trades based on specific conditions and predetermined profit targets and stop loss levels. Key Features: Profit Target: The strategy allows you to set a profit target as a...
RSI-CCI Fusion Strategy: Harnessing the Power of RSI and CCI The "RSI-CCI Fusion Strategy" is a powerful trading approach that combines the strengths of the Relative Strength Index (RSI) and the Commodity Channel Index (CCI) to provide enhanced trading insights. This strategy is based on the popular "RSI & CCI Fusion + Alerts" indicator, which utilizes the RSI...
The Ultimate Balance Oscillator Strategy harnesses the power of the Ultimate Balance Oscillator to deliver a comprehensive and disciplined approach to trading. By combining the insights of the Rate of Change (ROC), Relative Strength Index (RSI), Commodity Channel Index (CCI), Williams Percent Range, and Average Directional Index (ADX) from TradingView, this...
The script presented is a trading strategy called "Breaker Block Strategy with Price Channel". This strategy uses multiple time frames (1 minute, 5 minutes, 15 minutes, 1 hour, and 4 hours) to detect support and resistance areas on the chart. The strategy uses parameters such as length, deviations, multiplier, Fibonacci level, move lag and volume threshold for...
The Williams %R Strategy is a trading approach that is based on the Williams Percent Range indicator, available on the TradingView platform. This strategy aims to identify potential overbought and oversold conditions in the market, providing clear buy and sell signals for entry and exit. The strategy utilizes the Williams %R indicator, which measures the...
9:22 5 MIN 15 MIN BANKNIFTY Strategy with Additional Filters The 9:22 5 MIN 15 MIN BANKNIFTY Strategy with Additional Filters is a trend-following strategy designed for trading the BANKNIFTY instrument on a 5-minute chart. It aims to capture potential price movements by generating buy and sell signals based on moving average crossovers, breakout confirmations,...
This script is designed to execute a trading strategy based on Heikin Ashi candlesticks, moving averages, and percentile levels. Please note that you should keep your original chart in normal candlestick mode and not switch it to Heikin Ashi mode. The script itself calculates Heikin Ashi values from regular candlesticks. If your chart is already in Heikin Ashi...
moving average crossover startegy 10*30 it indicates when to buy or sell
This script is designed as a TradingView strategy that uses Bollinger Bands (BB) and Keltner Channels (KC) as the primary indicators for generating trade signals. It aims to catch potential market trends by comparing the movements of these two popular volatility measures. Key aspects of this strategy: 1. **Bollinger Bands and Keltner Channels:** Both are...
What Is Equity Curve Trading? In equity curve trading, traders apply a moving average to the curve. The idea is when the equity curve drops below the moving average, the strategy is put on hold. This is done to stop losses when either the hopes of the plan working start dimming or when the trader knows he cannot afford more losses on a strategy. The trader can...
Here is the strategy version of the indicator - Master Supertrend Options and variations are same throughout. 🎲 Variations Following variations are provided in the form of settings. 🎯 Range Type Instead of ATR, different types of ranges can be used for stop calculation. Here is the complete list used in the script. Plus/Minus Range* - Calculates plus...
What Is This? This script code adds a Monthly Strategy Performance Table to your Pine Script strategy scripts so you can see a month-by-month and year-by-year breakdown of your P&L as a percentage of your account balance. The table is based on realized equity rather than open equity, so it only updates the metrics when a trade is closed. That's why some...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules: 1. If RSI(2) is less than 15, then enter at the close. 2. Exit on close if today’s close is higher than yesterday’s high. If you backtest it on Mini Futures SP500 you will be able to track data from 1993. It is...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules: 1. If today’s close is below yesterday’s five-day low, go long at the close. 2. Sell at the close when the two-day RSI closes above 50. 3. There is a time stop of five days if the sell criterium is not...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules: 1. Today is Monday. 2. The close must be lower than the close on Friday. 3. The IBS must be below 0.5. 4. If 1-3 are true, then enter at the close. 5. Sell 5 trading days later (at the close). If you backtest it on...
This is an experimental strategy that enters long when the instrument crosses over the upper standard deviation band of a VWAP and enters short when the instrument crosses below the bottom standard deviation band of the VWAP. I have added a trend filter as well, which stops entries that are opposite to the current trend of the VWAP. The trend filter will reduce...
Strategy Description: Range Breaker The Range Breaker strategy is a breakout trading strategy that aims to capture profits when the price of a financial instrument moves out of a defined range. The strategy identifies swing highs and swing lows over a specified lookback period and enters long or short positions when the price breaks above the swing high or below...
The Wyckoff Range Strategy is a trading strategy that aims to identify potential accumulation and distribution phases in the market using the principles of Wyckoff analysis. It also incorporates the detection of spring and upthrust patterns. Here's a step-by-step explanation of how to use this strategy: Understanding Accumulation and Distribution...