Multi StrategyDuring the course of a trade, we can find ourselves changing strategies depending on the market. Instead of using many different templates, I have a simple indicator that clearly says "Buy", "Sell" or "Stay Out". The great thing about this approach, is we instantly observe the majority are in agreement and that decides which way to place our trade.
This indicator includes the following strategies:
- QQE
- Ichimoku using much faster settings.
- Parabolic SAR
- Supertrend
- TTM Oscillator
- The Squeeze strategy
- The Alligator Strategy
Using this indicator is simple, if the lines are mainly green then buy, if mainly red then sell OR don't trade. So...
Green Line - This strategy is in a buy position
Orange or Black Line - This strategy is undecided
Red Line - This strategy is in a sell position
There are also some green and red circles for reference that appear showing when that bar has broken through the Ichimoku cloud.
The trader's approach is simple, when all indicators are green or red, then take the trade. As soon as one indicator changes, then re-evaluate using your normal process, such as price action, to determine whether to close the trade or continue.
I can customise this further or add other strategies, please message me.
Cari dalam skrip untuk "supertrend"
Trends & RangesTrends & Ranges uses EMA ATR bands as a SuperTrend indicator.
How to use:
This indicator can be used to give you a direction bias, with the added function to create ranges which often lead to reversals or flat trading periods. Trade the break-out or wait for pull backs in the direction of the trend.
I'm not great at explaining stuff and will probably make things only more complicated, so I won't bother for now,
but if you have a question on how the script works I will gladly give it a try.
The option "Flexible Trends" will disable the min/max function (trailing or non trailing).
Flexible Trends enabled:
Flexible Trends disabled:
Settings are not optimized for any asset or time frame, you will have to do that for yourself. Feel free to share them in the comments.
Thanks for showing interest, enjoy and good luck! :)
SuperRange - evoA SuperTrend like indicator based on highest and lowest candle close from a few bars back. It looks almost the same as Donchian Channels but with a dominant trend direction inside (Black line).
Uptrend: Candle closed higher than highest close
Downtrend: Candle closed lower than lowest close
This works best on higher time frames since a daily close is more powerful than a 15 minute close.
A few examples how you could use this:
Use support & resistance
Apply a moving average
Buy and sell the break-out
All perfect world examples, this does not happen all the time off course.. Its just for the idea. There are many ways to trade this so feel free to share in the comments, good luck and follow the trend! :)
Variable Cloud - evoA Super Trend based on the high and low of a Moving Average, to get an easy view what the current trend is and where to buy and sell.
TIPS
- The 'Closing Source' option is the candle value that triggers the clouds. 'High/Low System' means that a downtrend is over when the candle LOW closes greater than the downtrend (dark cloud), an uptrend is over when the candle HIGH closes less than the uptrend (light cloud). The other options speak for themselves.
- Ideally place your stop loss outside the cloud, as you want to stay in the trend until it breaks to the opposite direction (but that's up to you of course).
- Reversal trades are low probability, you can see them as reversals or ranging before the market continues, I like to lower my risk on those set ups till it breaks the dominant trend.
Here are the scripts I used:
Everget's SuperTrend
LazyBear's VMA
Thanks LazyBear and Everget, I learn a lot from your scripts :)
QuantNomad - SuperTrend - XBTUSD - 1mInteresting performance for Super Trend strategy for XBTUSD 1m chart.
Params: ST Mult: 2, ST Period 14.
Performance: 144% profit, 1988 trades, only 41% prof, 2.04% dd , 2.51 Sharpe.
On its own, it might be not a very good strategy, but the big amount of trades allows you to add more filters and improve it.
And remember:
Past performance does not guarantee future results.
QuantNomad - SuperTrend - TSLA - 1mInteresting performance for Super Trend strategy for Tesla ( TSLA ) 1m chart.
Params: ST Mult: 3, ST Period 120.
Performance:61% profit, 637 trades, only 33% prof, 4.84% dd , 0.4 Sharpe.
On its own, it might be not a very good strategy, but the big amount of trades allows you to add more filters and improve it.
The strategy is not bad both with "when" params when strategy executed on open of next bar and with stop orders when strategy enters on exact Super Trend level.
You can comment/uncomment lines in the code and switch from one approach to another.
And remember:
Past performance does not guarantee future results.
Adaptive Autonomous Recursive Trailing StopIntroduction
Trailing stop are important indicators in technical analysis, today i propose a new trailing stop A2RTS based on my last published indicator A2RMA (1), this last indicator directly used an error measurement thus providing a way to create enveloppes, which provide a direct way to create trailing stops based on highest/lowest rules.
The Indicator
If you need a more detailed explanation of this indicator i encourage you to check the A2RMA indicator post i made, parameters does not differ from the supertrend, thus having a length parameter and a factor parameter who is here described as gamma , gamma control how far away are the bands from each others thus spotting longer terms trends when gamma is higher.
On BTCUSD
Something worth mentioning is that the indicator sometimes behave like my MTA trailing stop indicator (2) who is closer to the price when a trend persist thus providing early exit points, however A2RTS behave a bit better.
Price can sometimes break the trailing stop, this can be interpreted as a support/resistance or just as an exit point, the support resistance methodology on trailing stop is not the most recommended.
Sometimes it is recommended to have an higher length rather than an high gamma like in this case for INTEL CORP, below gamma = 3 and length = 20
The microprocessor market like to use higher length's instead of higher gamma's , A2RMA is a non-linear filter, this would explain such behaviour.
Conclusion
Trailing stops might not suffer as much from whipsaw trades than MA crossovers but they still remain inefficient when market is not trending, results of the proposed indicator on major forex pairs are more than disappointing, but i hope this will serve as basis for other trailing stops that might act a little bit better. I conclude this post by thanking everyone who support my work and i encourage you to modify this indicator and share it with the community.
Thanks for reading !
Cited Articles
Doji's/Engulfing Candles/Supertrend v1.0The Script locates Bearish/Bullish Engulfing Candlesticks and Dojis in combination with Supertrend v1.0.
Original Authors: HPotter + Rajandran R
Noro's SuperTrend Strategy v2.0 LimitThis strategy same as "Noro's SuperTrend Strategy v1.0". But it is used limit orders. The price for the limit orders is the price of closing of the previous bar. The color filter of a candle is used.
RSI ST MTFUsing this script with some changes
I try to build the RSI SUPERTREND model with MTF function
I think its need more work to refine it but as idea its nice
ACW SUPERTREND VERSION 5 Updated 29 October 2018//Author - PRINZ MASTER TRADER
//ACW SUPERTREND VERSION 5
numerous code changes that enable more accurate signal delivery and accuracy
removed false signals
enabled higher roe targets on higher time frames
works best on H2 with ethusd bitmex and all time frames on xbtusd bitmex
Alpha Capital Wealth - Supertrend Any Crypto Any TimeframeAlpha Capital Wealth - Supertrend Any Crypto Any Timeframe
ACW SUPERTREND v3 as per testing
xbtusd works fine on 5,15,30 and above
100% accuracy on 30mins
ethusd works on any time frame
100% accuracy on 30mins
updated the code script to provide go long , go short 2/3 candles as compared to acw supertrend v2
script is still being updated
Noro's SuperTrend Strategy v1.0The SuperTrend indicator is used. This indicator is necessary for definition of a trend.
If now a uptrend and a candle red - to open a long position (and to close short)
If now a downtrend and a candle green - to open a short position (and to close long)
TRBTrue Range Bands; the 'Supertrend', also known as a volatility stop, using a 14 period length and 3x multiplier.
CPR PIVOT, 2ST, 5MA, VWAPSUPERTREND
2 supertrend with diffrent patameters.
MOVING AVERAGE RIBBON
5 differenT EMA
VWAP
Simple vwap with bands nothing special
every parameters and looks can be change
AND CPR