PROTECTED SOURCE SCRIPT
Aktualisiert

Super Trend 4hr XBT BF

11 696
This script is designed for XBT/USD on Bitmex 4hr chart.

The signals are generated from a calculation of the overall super trend using ATR.

The stop loss level is also determined by a separate ATR calculation. This allows for dynamic stop loss placement depending on how volatile the market. Lower ATR = tighter Stop.

I tried a Take-Profit function but it seems the best results I can find come from exiting a trade upon an opposing signal.

INSTRUCTIONS
1. Go Long when background turns green, or short when it turns red.
2. Set your stop loss as indicated on the chart by the dotted lines. Yellow is stop loss for a long signal, orange for short.
3. Exit on an opposing signal.

NB: the Stop losses are only plotted on the chart when we are not stopped out. If we get stopped out, we wait for the next signal.
Versionshinweise
Changed the stop loss settings to create better results, max drawdown is now only 11.43%
Versionshinweise
Changed bg color to white when we are not in an active trade (when we are stopped out for example)

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.