Nifty-Banknifty-Option-WriterNifty-Banknifty-Option-Writer tool is having signals like below
1) Bullish signal for taking long trade
2) Bearish signal for taking short trade
3) Triangle UP signal for trend change Long trade
4) Triangle Down signal for trend change Short trade
5) Big Arrow down signal for closing long trade if u have any short trades
6) Big Arrow UP signal for closing Short trade if i have any long trades
7) This tool is having three zone GREEN, RED and GRAY
8) small red arrow and small green arrow
===========================================================================================
How to use this tool:-
You should take long trade in index call option or sell put option when you will get Bullish signal or Big green Triangle and book the profit when you get any red signal either Its Big red triangle or Bearish signal or big downward red arrow close long trade or small red arrow.
Similarly you can take long trade for Index put option or sell call option for Short trade when you get Bearish signal or Big red triangle and book the profit when you will get close long big green arrow signal or small green arrow or Bullish signal or Big green triangle.
-If candle formation is having above GREEN and GRAY zone then it signifies strength is bullish and remain in Long trade till you are not getting close long trade signal or small red downward arrow signal.
-If candle formation is happening below RED and GRAY zone then it signifies strength is bearish and remain in short trade till you are not getting close short trade signal or small green upward arrow signal.
I have taken combination of ATR, Super trend and RSI to get the trend and trend change of underlying.
this tool i have created for any underlying not specific to Nifty or Banknifty though I have used this name so Indian can take benefit for Index trading.
Still didn't understand then ping me or give me call on my number given in signature i will make zoom call with you so will understand how to use this script.
=============================================================
I have taking consideration of Bullish and Bearish trade for strategy and its giving its optimal result in 1 hr time frame.
I have added commission/slippage for trade so actual result can be displayed in strategy tester.
Ping me or DM me to subscribe this indicator.
I have given all my indicator details below link (Signature URL). You can check indicators and call me on given number or email me on given email to access the scripts and indicators. Telegram link is also given you can ping me there.
--------------------------------------------------------------------------------------------------------------------------------------
Disclaimer : Past performance of the indicator is not giving guarantee for future performance as well, it may change as per market condition.
-------------------------------------------------------------------------------------------------------------------------------------
Ketidakstabilan
Volatility Bands Reversal Strategy [Long Only]This strategy based on existng indicator available on TV
If finds the reversals for LONG entries ... I have modified the settings to back test it ...
BUY
====
When the price touches lower band , and tries to close above lower band
some signals are mixed up, you can research and look for a confirmation ...
if the middle band is above EMA50 , you can simply follow the strategy BUY signal
but if the middle band is EMA50 , wait for the price to close above middle band
Sell / Close
==========
wait for the sell signa OR close when price touches the upper band
How do you want to close , you can chose in settings. Chnage these values and see the performance
Please note , sell means just closing the existing LONG position , not short selling
Stop Loss
=========
Stop Loss is defaulted to 6%
This is tested in 1HR, 2HR and 4 HRs chart for SPY and QQQ ETFS ...
for long term investing style , 4 Hrs is the best time frme for this strategy
Warning
========
It is not a financial advise , it is for educational purposes only. Please do your own research before taking any trading decission
Advanced Bollinger Bands StrategyAdvanced Bollinger Bands Strategy
Why is it an advanced Bollinger Bands Strategy?
The purpose of Bollinger Bands is to provide a relative definition of high and low prices of a market. By definition, prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action to the action of indicators to arrive at systematic trading decisions. Adding a Moving Average filter which only allows trades if MA and Price are outside of the BB increases the probability of profitable trades with the sacrifice of a lower trade-frequency.
Inputs for Bollinger Bands
-> BB Source
-> BB Length
-> BB Multiplier
-> Moving Average Period
-> Moving Average Source
-> Strategy Condition Options:
-> Exit Trades if Price crosses Basis Line
-> Enable Moving Average Filter
VBand StrategyVBand Strategy is simply used Vwap funcation and atr 14 for find the entry and exit points. This simple Strategy.
SPAS - Single Price Action StrategyThis strategy is based on a single price action analysis, where volume and price changes will trigger buy and sell orders. This strategy also can be used in combination with alerts to trigger orders in other exchanges or systems.
Best performance is currently achieved using 4H timeframe.
scalping low lag tema etalCredit for original idea goes to 1 min forex scalping by mikegoryunov
Changes include several lower lag filters (See line 3 for a list)
and values for profit, loss, and trail_points (See lines 48:53)
a, b, & c represent fast, medium, and slow filters. Basic idea is to monitor
crossovers of the three filters to determine buy/sells. Exits occur quickly within
the next time interval.
Note that this may be used for stocks and forex. The time interval can vary widely.
I have concerns about how to incorporate transaction costs with so many transactions.
Crypto Long only Strategy 3h+ timeframeToday I bring another crypto strategy that works greatly with pairs like BTCEUR, ETHEUR, for 3h+ time frames.
Its a risky strategy because we have a hard stop loss of 25% of our capital which can be modified.
The idea behind its simple, we have a candle which is made from open+high+low+close / 4 , and we make the decision based on this one.
We only go long with this strategy .
For entry: if we have 5 ascending candles we enter, and we exit when we have 4 descending candles.
For this example, I used 100% of the initial capital(1000 EUR/USD), with a commission of 0.1% per each deal.
At the same time, the max capital that can be lost in a trade is going to be the equity risk, in this example 25% .
Overall we can see that's more or less around the same level as buy and hold strategy
Buy - Take Profit OR Stop Loss % BasedScript looks back for a certain period of time and than enter when price close above that look back period ema. Once enter it does not care for how many times price cross above or below. Once entered, it will either hit percenatage based take profit of stop loss.
CHOP Zone Entry Strategy + DMI/PSAR ExitThis is a Strategy with associated visual indicators and Long/Short and Reverse/Close Position Alerts for the Choppiness Index (CHOP) . It is used to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). CHOP is not directional, so a DMI script was ported into this strategy to allow for trend confirmation and direction determination; it consists of an Average Directional Index (ADX) , Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) . In addition, a Parabolic SAR is also included to act as a trailing stop during any strong trends.
Development Notes
---------------------------
This indicator, and most of the descriptions below, were derived largely from the TradingView reference manual. Feedback and suggestions for improvement are more than welcome, as well are recommended Input settings and best practices for use.
www.tradingview.com
www.tradingview.com
www.tradingview.com
Recommend using the below DMI and PSAR indicators in conjunction with this script to fully visualize and understand how entry and exit conditions are chosen. Variable inputs should correlate between the scripts for uniformity and visual compatibility.
THANKS to LazyBear and his Momentum Squeeze script for helping me quickly develop a momentum state model for coloring the Chop line by trend.
Strategy Description
---------------------------
CHOP produces values that determine whether the market is choppy or trending . The closer the value is to 100 , the higher the choppiness levels , while the closer it is to 0 , the stronger the market is trending . Territories for both levels, and their associated upper and lower thresholds, are popularly defined using the Fibonacci Retracements, 61.8 and 38.2.
Basic Use
---------------------------
CHOP is often used to confirm the market condition to help you stay out of sideways markets and only enter when there is movement or imminent explosions. When readings are above the upper threshold, continued sideways movement may be expected, while readings below the lower threshold are typically indicative of a continuing trend. It is also used to anticipate upcoming trendiness changes, with the general belief that extended periods of consolidation (sideways movement) are followed by extended periods of strong, trending, directional movement, and vice versa.
One limitation in this index is that you must be cautious in deciding whether the range or trend will likely continue, or if it will reverse.
Confidence in price action and trend is higher when two or more indicators are in agreement -- while this strategy combines CHOP with both DMI and PSAR, we would still recommend pairing with other indicators to determine entry or exit trade opportunities.
Recommend also choosing 'Once Per Bar Close' when creating alerts.
Inputs
---------------------------
Strategy Direction - an option to only trade Short, Long, Both, or only in the direction of the Trend (Follow Trend is the Default).
Sensitivity - an incremental variable to test whether the past n candles are in the same trend state before triggering a delayed long or short alert (1 is the Default). Can help filter out noise and reduces active alerts.
Show Chop Index - two visual styles are provided for user preference, a visible Chop line with a background overlay, or a compact column and label only view.
Chop Lookback Period - the time period to be used in calculating CHOP (14 is the Default).
Chop Offset - changing this number will move the CHOP either forwards or backwards relative to the current market (0 is the Default).
Smooth Chop Line and Length - if enabled, the entered time period will be used in calculating a smooth average of the index (Enabled and 4 are the Defaults).
Color Line to Trend Direction - toggles whether the index line is colored to visually depict the current trend direction (Enabled is the Default).
Color Background - toggles the visibility of a background color based on the index state (Enabled is the Default).
Enable DMI Option - if enabled, then entry will be confirmed by and dependent on the ADX Key Level, with any close or reversal confirmed by both ADX and +/-DI to determine whether there is a strong trend present or not (Enabled is the Default).
ADX Smoothing - the time period to be used in calculating the ADX which has a smoothing component (14 is the Default).
DI Length - the time period to be used in calculating the DI (14 is the Default).
ADX Key Level - any trade with the ADX above the key level is a strong indicator that it is trending (23 to 25 is the suggested setting).
Enable PSAR Option - enables trailing stop loss orders (Enabled is the Default).
PSAR Start - the starting value for the Acceleration Force (0.015 is our chosen Default, 0.02 is more common).
PSAR Increment - the increment in which the Acceleration Force will move (0.001 is our chosen Default, 0.02 is more common).
PSAR Max Value - the maximum value of the Acceleration Factor (0.2 is the Default).
Color Candles Option - an option to transpose the CHOP condition levels to the main candle bars. Note that the outer red and green border will still be distinguished by whether each individual candle is bearish or bullish during the specified timeframe.
Note too that if both DMI and PSAR are deselected, then close determinations will default to a CHOP reversal strategy (e.g., close long when below 38.2 and close short when above 61.8). Though if either DMI or PSAR are enabled, then the CHOP reversal for close determination will automatically be disabled.
Indicator Visuals
---------------------------
For the candle colors, black indicates tight chop (45 to 55), yellow is loose chop (38.2 to 45 and 55 to 61.8), dark purple is trending down (< 38.2), and dark blue is trending up (> 61.8).
The background color has additional shades to differentiate a wider range of more levels…
• < 30 is dark purple
• 30 to 38.2 is purple
• 38.2 to 45 is light purple
• 45 to 55 is black
• 55 to 61.8 is light blue
• 61.8 to 70 is blue
• > 70 is dark blue
Long, Short, Close, and Reverse labels are plotted on the Chop line, which itself can be colored based on the trend. The chop line can also be hidden for a clean and compact, columnar view, which is my preferred option (see example image below).
Visual cues are intended to improve analysis and decrease interpretation time during trading, as well as to aid in understanding the purpose of this strategy and how its inclusion can benefit a comprehensive trading plan.
DMI and Trend Strength
---------------------------
To analyze trend strength, the focus should be on the ADX line and not the +DI or -DI lines. An ADX reading above 25 indicates a strong trend , while a reading below 20 indicates a weak or non-existent trend . A reading between those two values would be considered indeterminable. Though what is truly a strong trend or a weak trend depends on the financial instrument being examined; historical analysis can assist in determining appropriate values.
DMI exits trade when ADX is below the user selected key level (e.g., default is 25) and when the +/- DI lines cross (e.g., -DI > +DI exits long position and +DI > -DI exits short position).
PSAR and Trailing Stop
---------------------------
PSAR is a time and price based indicator that excels at measuring direction and duration, though not the actual strength of a trend, which is why we use this in conjunction with DMI. It is also included in this script as a trailing stop option to maximize gains during strong trends and to mitigate any false ADX strengthening signals.
This creates a parabola that is located below the candle during a Bullish trend and above during a Bearish trend. A buy or reversal is signaled when the price crosses above or below the Parabolic SAR.
Long/Short Entry
---------------------------
1. CHOP must be over 61.8 (long) or under 38.2 (short).
2. If DMI is enabled, then the ADX signal line must be above the user selected Key Level (default is 25).
3. If Sensitivity is selected, then that past candle must meet the criteria in step 1, as well as all the intermediate candles in between.
4. If "Follow Trend" is selected and PSAR is enabled, then a long position can only open when the momentum and PSAR are in an uptrend, or short when both are in a downtrend, to include all intermediate candles if the Sensitivity option is set on a past candle.
Close/Reverse
---------------------------
1. If DMI is enabled, then a close flag will be raised when the ADX signal drops below the Key Level (of 25), and -DI crosses over +DI (if long), or +DI crosses over -DI (if short).
2. If PSAR is enabled, then a close flag will be raised when the current trend state is opposite the last state.
3. If both DMI and PSAR are disabled, then a close flag will be raised if the Chop line drops under 38.2 (if long) or goes over 61.8 (if short).
4. If a Long or Short Entry is triggered on the same candle as any of the above close flags, then the position will be reversed, else the position will be closed.
Strategy Alerts
---------------------------
1. Long Entry
2. Short Entry
3. Reverse
4. Close
The provided backtest result is based on a position sizing of 10% equity with 100k initial capital. When testing SPX, disabling the DMI performed the best, but EURUSD performed poorly without it enabled, and TSLA had a small reduction in net profit. Timeframe likewise differed between commodities with TSLA performing best at 30M, SPX at 15M, and EURUSD at 4H. I do not plan on using this as a standalone strategy, but I also was expecting better results with the inclusion of EMI and PSAR to compliment the CHOP. Key elements of this script will likely be included in future, more holistic strategies.
Disclaimer
---------------------------
Past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting. This post and the script are not intended to provide any financial advice. Trade at your own risk.
No known repainting, though there may be if an offset is introduced in the Inputs. I did my best not to code any other variables that repaint, but cannot fully attest to this fact.
DekaBot V5.1Dekabot is a BTCUSDT trading signals indicator. The buy/sell alerts are not re-painted so the results displayed will not change when Tradingview is reloaded.
Dekabot uses a combination of Bollinger Bands, MAs and RSI to determine if the market is in an uptrend or downtrend and a custom built indicator determines when a market is oversold and overbought which creates the buy and sell signals.
Please PM us to obtain access to use Dekabot Signals.
EURUSD DinhChienFX's signal V4.0Risk/reward: 1/1.3 | Entry by: Upper/Lower | Keltner crossing: 2 | Candle not entry: 80% | Stochastic: 70/15 | Adx: 31/9/9 | Notrade friday
Max risk: 3% - Risk / reward: 1 / 1.3.
1. Trend identification:
... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry.
... Stochastic:
...... k> 70: Uptrend. k <15: Down trend.
... ADX: 31 provides strong trend following signal.
2. Entry point:
... Price corrects to Upper / Lower when 3 conditions Keltner , Stochastic & ADX indicator meet.
3. Not trade friday.
-------------
"Use the link below to obtain access to this indicator" or "PM us to obtain access"
Squeeze Momentum StrategyJust turned LazyBears' Squeeze Momentum Indicator into a strategy. You can understand how it works and pay credit to LazyBear here: uk (dot) tradingview (dot) com/v/nqQ1DT5a/
Best results seem to be on the 4h chart. Added LazyBear's Volume Weighted Moving Average indicator, which can be used (select in strategy properties) to more selectively long or short if desired. Defaults to using 100% of your initial strategy equity (just my preference), and this cannot be changed without recoding the strategy, but should be easy to do if desired. Added leverage, trade risk, backdate time window and trade type selector inputs.
Happy trading!
Not financial advice.
US30-DinhChienFX's Followtrend V2.0+ A Long trend is when the price close & crossover the Keltner Upper 2 + k value of Stochastic indicator crossover 80.
+ A Short trend is when the price close & crossunder the Keltner Lower 2 + k value of Stochastic indicator crossunder 20.
+ to Entry when k value (Stoch indicator) make correction and cross the d value (Stoch indicator)
- Buy: k & d > 79
- Sell: k & d < 17
+ No trade Friday.
*** Use the link below to obtain access to this indicator
TradeChartist Donchian Channels Breakout Strategy™TradeChartist Donchian Channels Breakout Strategy is the strategy backtester version of ™TradeChartist Donchian Channels Breakout Filter .
===================================================================================================================
Features of ™TradeChartist Donchian Channels Breakout Strategy
========================================================
Option to plot Donchian Channels of user preferred length, based on the Source price in addition to High/Low Donchian Channels.
Generates trade entries based on user preferred Breakout Price. For example, if the user prefers HL2 as breakout price, irrespective of the Donchian Channels type, trade entries are generated only when hl2 price (average of high/low) breaks out of the upper or lower band.
Option to plot background colour based on Breakout trend. The bull zones are filled with green background, the Bear zones are filled with red background and the bar that broke out is filled with orange background.
Option to colour price bars using Donchian Channels price trend. The Donchian Channels basis line is plotted using the same colours as coloured bars as default.
Note: This script does not repaint. To use the script for trade entries, wait for the bar close without Backtester or Strategy entries (with Backtester) and use a second confirmator (includes fundamentals) based on asset type as some markets require users to have good pulse on the fundamentals as trading by Technicals/price action dynamic alone may not be safe.
Note: Trend Based Stochastic of the same DC Length can be used from ™TradeChartist Risk Meter for Trade Confirmations too.
===================================================================================================================
Best Practice: Test with different settings first using Paper Trades before trading with real money
===================================================================================================================
This is not a free to use strategy. Get in touch with me (PM me directly if you would like trial access to test the strategy)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
===================================================================================================================
BB+K strategyApplying Bollinger Bands and K-bar strategies
Suitable for long time periods
Suitable for forex trading, when the forex deviation is too large, the Fed will intervene and thus correct
Strategy: Enter when the price hits the upper or lower BB track and there is a reversal of the strong signal, and exit when it hits the other track and there is a reversal signal.
BuyTheDip V2This is enhanced version of BuyTheDip Strategy which can be used for stocks and cryptos as well along with indices.
In addition to V1, the enhancement include breaking the zone into multiple levels based on multiple standard deviation Bollinger bands. Dip is confirmed only when price bounce back certain levels from the bottom. If price keeps going down, strategy does not generate signal.
Input parameters are as below:
ATR Parameters : AtrLength and AtrMult to calculate trailing stops
Trailing Condition parameters : TrailAfterBars, TrailTargetState - Trailing does not happen immediately. It either waits for TrailAfterBars to complete or price moves up by TrailTargetState levels in multi bollinger band level setup - whichever happens first.
Force Exit Parameters : If the price state based on multi-bollinger bands drop by TargetStopStateDiff level from its peak, then it will force exit from the trade if ExitOnFailureSignal is checked.
Entry Filters : It is not a dip if the instrument is already in downtrend. ConsiderYearlyHighLow , ConsiderNewLongTermHighLows and ConsiderMAAlignment are used for filtering entries so that we only buy the dip for uptrending instruments.
5 min scalper for indian marketHi friends....publishing 5 min scalper for indian market... which shows the movement of price over time and how strong those movements are/will be, regardless of the direction the price moves, up, or down. Indicator specifically useful, as it helps traders and analysts spot points where the market can and will reverse by providing signals long (buy) and short (sell). Show the relative strength of price movements but leave out the directionality of the price movements, best utilized in combination with other technical indicators – such as trend lines and moving averages – which show price trends and directions. Having an alert feature to make aware market players from signals provided by strategy.
It analyz underlying volume and shows buy and sell signal...
U also can modify algo length ..
some tips for new traders to become successful trader
1: always follow risk management...
2: every stock/ forex / crypto has it own cycle.. So pls dont jump from one stock / forex pair to another when u hear some stock / crypto has
made new high or low... Bcs after that consolidation period starts.. During consolidation we can not make more profit as in trending market.. So be patient when u had made some position or tarde in one stock/ pair...
3 : we dont require to trade in every stocks / forex/crypto.. Just one stock and pair trading daily make u profitable beyond ur expection.. Bcs
trading in one stock / forex pair.. make u very comfortable and u may always know its movement... And u also trade in every cycle of this
stock/ pair.. So u also trdae its trend days which made highest profit. We dont know when is trend of any stock... Compare with it
business... Trading is business not one day rich game... Its business... It takes time and u have to do same thing agian and again to become
sucessfull trader for this u can use tradingview alerts. .for that u dont need to seat infrot of ur terminal screen.. u can also do algo trading
by using tradingview alerts
4 : By following risk management and incerase lot size as profit increased... This is the key 🔑 of sucess in stocks / forex / crypto market.
I thinks this tips may help new trader. U can modified according to ur trading style..
You can personal message me if u want to use this strategy
******************if u want to use this indicator u can personal message me********************************************************
HEINKI ASHI SUPERTRENDHi friends....publishing Heikin ashi supertrend strategy... which shows the movement of price over time and how strong those movements are/will be, regardless of the direction the price moves, up, or down. Indicator specifically useful, as it helps traders and analysts spot points where the market can and will reverse by providing signals long (buy) and short (sell). Show the relative strength of price movements but leave out the directionality of the price movements, best utilized in combination with other technical indicators – such as trend lines and moving averages – which show price trends and directions. Having an alert feature to make aware market players from signals provided by strategy.
HA charts are a great way to help those who can be spooked by the chaos of the markets (I'm one!), but they have a big drawback in that the price you see on a HA candle is often significantly different from the real price that you would trade on. This brings issues of unrealistic expectations of profits/losses, and also makes back testing a strategy very difficult. I still wouldn't recommend ever using TradingView's "strategy" tool when using HA charts, but using this indicator you can do accurate back tests.
***************This uses Heikin Ashi Candles as source on normal chart..dont use it on heikin ashi chart*****************************
There is an option for use normal japanes candle supertrend..so we can compare how this heikin ashi prevent false trades.
some tips for new traders to become successful trader
1: always follow risk management...
2: every stock/ forex / crypto has it own cycle.. So pls dont jump from one stock / forex pair to another when u hear some stock / crypto has
made new high or low... Bcs after that consolidation period starts.. During consolidation we can not make more profit as in trending market.. So be patient when u had made some position or tarde in one stock/ pair...
3 : we dont require to trade in every stocks / forex/crypto.. Just one stock and pair trading daily make u profitable beyond ur expection.. Bcs
trading in one stock / forex pair.. make u very comfortable and u may always know its movement... And u also trade in every cycle of this
stock/ pair.. So u also trdae its trend days which made highest profit. We dont know when is trend of any stock... Compare with it
business... Trading is business not one day rich game... Its business... It takes time and u have to do same thing agian and again to become
sucessfull trader for this u can use tradingview alerts. .for that u dont need to seat infrot of ur terminal screen.. u can also do algo trading
by using tradingview alerts
4 : By following risk management and incerase lot size as profit increased... This is the key 🔑 of sucess in stocks / forex / crypto market.
I thinks this tips may help new trader. U can modified according to ur trading style..
You can personal message me if u want to use this strategy
******************if u want to use this indicator u can personal message me********************************************************
Escaping of Rate from Avarage By Mustafa OZVER StrategyI simulated the EoRfA indicator with the gold price
For details about the indicator, visit my profile on tradingview
For Simulation, with default settings, we order
if Eorfa > 1 and change(eorfa) < 0
sell
if Eorfa < -1 and change(eorfa) > 0
buy
And we got
- 2.49 % profit
- 74 % profittable order from all
But only this value can not guarantee good results for trading. BE CAREFUL
Vegas Tunnel strategyApply Vegas Tunnel,
Use EMA144 169 as medium-term trend support
Also use EMA 576 676 and 4 multiples of 144 and 169 as long-term support and trend direction
Also increase EMA 36 43 as a short-term trend support
Suitable for stocks, indices, commodities
The applicable time scale can back-test the usability of the strategy by itself, and select the most applicable target
Introduction to current trading strategy:
According to the trend, the price will enter the market when it touches the support of each stage. When it touches the bollinger bands, it is Squeeze. Hold until it leaves the bollinger bands
But the trading strategy can be more optimized, see the code for details
Profit MAX MTF HeatMapThis is a powerfull strategy which is made from combining 3 multi timeframes into one for profit max indicator
In this case we have daily, weekly and montly.
Our long conditions are the next ones :
if we have an uptrend on all 3 at the same time, we go long.
If we have a downtrend on all 3 of them at the same time we go short.
For exit, for long, as soon as one of the 3 converts into downtrend we exit the trade.
For exit, for short, as soon as one of the 3 converts into uptrend we exit the trade.
This tool can be used on all types of markets, and can also be changed the time frames.
Quansium Series A BacktestThis comes with preconfigured setups or strategies. Simply choose one from our list based on the timeframe it was made for. Leverage can be changed; to keep trading safe, a maximum of 2 is allowed. In our findings, this was able to trade crypto (specifically BTC ), MES (Micro E-mini S&P 500 Index Futures ), and stocks. It is important to know that setups A, B, C, and D use variable position sizing, and dynamic stop loss/trailing stop/take profit, these parameters are provided through the alerts. The rest of the strategies were created with a simpler approach in mind, just plainly entry/exits signals.
Quansium as a framework:
Price reformat: we take the price source (Open, Close, High, Low) and remove any noise that affects the accuracy of our signals.
Time awareness: we take several time periods of the data on the chart such as start, end, and whole. We use this to add more depth to our signals.
Position size: our backtest tries to recreate as much as the real world trades as possible so our position is determined by the current equity. We also use the volatility of the market to increase or decrease our exposure or risk.
Risk awareness: stop loss, take profit, trailing stop are the risk exits we use to provide our users some peace of mind. These parameters are totally dynamic and follow the same behavior of the market.
Signals filtering: to make almost non-existent any errors and increase the quality of our trades, our indicators go through multiple phases, this avoid double entries or early exits, and help maintain a record of what has transpired and what’s currently taking place.
Indicators: whenever we can we use custom code or our own functions instead of the defaults ones provided. This gives us total control of what we’re trying to achieve. In many cases we tend to combine several indicators’ logic into one creating a more personalized take on it.
Easiness: since we started our main goal has been to provide the easiest and fastest way to alerts’ creation. It has taken us years to reach this level where now we already provide a list of preset strategies so the user doesn’t have to spend much time tinkering with scripts and more on other matters, because we know life is more than just trading.
Raw signals: we provide the option to turn off as much of our advanced features such as stop loss, take profit, trailing stop, dynamic sizing, etc, etc for a simple approach. Trade signals still go through the signals filtering method mentioned above,
Timeframe pairing: we take trading very seriously, by no way we’ll want the user to lose money (although such thing is expected because past results aren’t an indicative of futures ones), through years of experience we have found what are usually common mistakes the user makes, this feature allows us to only activate the strategy if the right timeframe is chosen.
Trend filters: through the years we have improved the arts of the trend. We like to keep things simple but yet powerful. We observe the macro and micro trend of the security. This helps confirm we are entering at the desirable timing. We also incorporate volume and volatility into decision making, we simply programmed it to trade when these are increasing and higher than the average values observed in both the short and long term. Finally we take into account the strength of the pair to make our final choice of whether to enter or wait, and if anything flashes contrary movement then we cancel the upcoming signal and stop monitoring until the next one comes along.
Full automated risk: stop loss, take profit, and trailing stops usually are set in percentages, and optimized even more using the current market behavior to become more adaptive. But always remains some sort of fixation, so the user must choose a value somewhere. This is where our framework shines the most, as previously mentioned before when we take time into our calculations, we use several periods to observe performance and get values that keep our risk exits natural and closest to the flow of the market itself.
Setups:
A: Centered oscillator with the difference of several moving averages with more sensitive settings. Momentum focused.
B: Centered oscillator using simple moving averages. Trend-Following focused.
C: Centered oscillator using smoothed data with the help of faster moving averages. Trend-Following focused.
D: Centered oscillator with the difference of several moving averages with less sensitive settings. Trend-Following focused.
E: Centered oscillator with the difference of moving averages where the standard deviation is applied first. It uses less sensitive settings. Trend-Following focused.
F: Finds the relationship between multiple readings of the price’s relative strength to better pin-point downs and ups. Trend-Following focused.
G: Centered oscillator with the difference of moving averages where the standard deviation is applied first. It uses more sensitive settings. Momentum focused.
H: Multiple centered oscillators using various moving averages. Trend-Following focused.
I: Centered oscillator using simple moving averages. Momentum focused.
Note: The framework is composed of almost 1000 lines of code as compared to each indicator that makes up the setup which is around 10. The power from Quansium doesn't come from the strategies themselves but rather the overall system that turns simple signals into complex and advanced trades.
Strategy Tester:
Initial Capital: chosen value is $20,000, as an approximate to Bitcoin’s ATH (All-Time High). In previous iterations we noticed some trades won’t go through if the capital was less than the ATH.
Order Size: 100% of equity (although the script controls this, and this is of no regards to the results).
Pyramiding: 1, system doesn’t place multiple entries in a row, only one at a time.
Commission: This simulates order execution with custom trading fees. Commissions are turned off by default because this script works in various markets and each operates differently. In order to reach results that are close to real world conditions, it is imperative the user fills this based upon their broker or exchange data.
When we started, we were focused on finding the best indicator, or creating it ourselves. After years we came to realize that the secret is not in which indicator you use but the framework behind it. All strategies have bad, good, best, worst performance periods. The key of a good system is to help keep you safe when it’s down and maximize your potential when it’s up. We hope this material at the very minimum inspires you to keep going and not lose faith, because it is not the smartest who win but those who persevere.
