TTC2022SPY4hrThis is version 1.0 "TTC2022SPY4hr" Strategy. This has only been back tested for the ticker "SPY" on the 4hr ext chart for the year 2022. The reason I isolated this strategy to 2022 is because SPY's chart patterns have changed from the previous 2 years. So, I wanted to develop an indicator-based strategy that was consistent with current market conditions. The default setting for percent of equity is set to 5% risk. I will adjust any variables that make this TTC2022SPY4hr Strategy more accurate in the future as more 2022 data comes out.
It's based on my TTC: Triangular Trend Channel script that dynamically creates a trend channel on the move. It uses open, high, low, close, simple moving average inputs for its plot lines and ema1 & a hard coded ema5 for calculation purposes. The default trend channel line settings are based off sma7.
Default color coded in top to bottom price order:
green = top
orange
blue
white = center (7sma)
purple
yellow
red = bottom
• Remember * This has only been back tested for the ticker "SPY" on the 4hr ext chart for the year 2022 to date. *
Titik pangsi dan tahap
[Herif's] Harmonic Patterns ProjectionBullish and bearish 5-point patterns are based on various Fibonacci retracement levels and signify potential reversal zones (PRZ).
As they become 0%-80% complete, the dashed-line pattern will appear, displaying the PRZ and giving you time to prepare for a reversal.
Different combinations of specific fib retracements and extensions result in different patterns, and each is named for identification.
Bullish patterns signify a potential turn to the upside are colored green.
Bearish patterns signify a potential turn to the downside are colored red.
1- Live harmonic patterns which are still in trade with XABCD and ratio with labels.
2- Entry, Stop and Target levels on chart for all patterns.
in Settings:
Error Percent - This is error tollerance for matching pattern ratios. Cannot expect price ratios to be exactly as per books. Hence, adding few error tolerance will help identify patterns better. In this indicator defatult 1%
When there are multiple patterns on chart, Entry, Stop, and Target labels and lines are created with specific distance from each other to provide clarity to the users.
Trailing and Targets
1-Trailing Start Stage - Defines when to start trailing stop-loss. It is recommended to set this value to either Target 1 or Target 2. Disabling the trailing or setting too far away may lead to being in trade on ranging market for too long. This may also result in drawing errors related to distance from current bar.
2- Custom Target Levels - Target and stop levels are set to optimal values based on individual patterns. If you want to override these levels, use the available input option to override targets and chose your custom Target1, Target2, Target3 and Target4
All Pending Patterns you can enable or disable
Classic Patterns : Gartley , Bat, Butterfly , Crab , Deep Crab , Cypher , Shark , Nenstar
Anti Patterns: Anti Nenstar, Anti Shark , Anti Cypher , Anti Crab , Anti Butterfly , Anti Bat, Anti Gartley , Navarro 200
This is a Strategy version of indicator below
tercanomics' all-weatherIt is a strategy that takes scalps by using support/resistance levels detection when the exhaustion conditions have been met.
It is profitable to take scalp positions with reversals on sideways market by its nature, as well as its entry and exit prices, as they are being used as take profit and stop loss levels. If there is already an existing trend that one wants to follow, this strategy can meet the need for signals in the trends direction within a low time frame, whereas enter and exit prices can be used for dynamic support and resistance levels for manual trades within high time frames.
Besides the fact that it is designed for every market and every product, Volume Filter and some specific levels like Stop-Loss & Dollar-Cost Averaging percentages were created for BitMEX: XBTUSD, 1-minute time frame.
The backtest equations have been calculated with an assumption of the use of 100% of the equity and depending on the chosen exchange to trade, there will be market fee (commission) needed.
PM us to obtain access.
Special thanks to @hophop
