OPEN-SOURCE SCRIPT
Grid Tool
Aktualisiert
The core idea of this grid tool is that you have to concentrate less on the trade entries (this happens automatically time-independent but price-dependant) but rather on the validity of the macro trend. Exiting a trend when it is no longer valid is more important than entering a trade. But as long as the trend is valid, the trader participates exponentially in the overall trend.
It is advisable to start with a basic position and then "set up" the grid on this in a ratio of 1/10.
A major advantage of grid trading is that the average entry price in a trend moves further and further away from the current market price while the position continues to grow.
A small timeframe should be used so that the distance between the trades corresponds as closely as possible to the selected grid gap and since TV backtests are carried out with closed bars.
Before starting a grid, pre-analysis the market to make sure it is trending. Select the grid gap and grid position size that you are comfortable with. Monitor the trend and from time to time take some profit :).
PS: The ADX filter looks interesting.
It is advisable to start with a basic position and then "set up" the grid on this in a ratio of 1/10.
A major advantage of grid trading is that the average entry price in a trend moves further and further away from the current market price while the position continues to grow.
A small timeframe should be used so that the distance between the trades corresponds as closely as possible to the selected grid gap and since TV backtests are carried out with closed bars.
Before starting a grid, pre-analysis the market to make sure it is trending. Select the grid gap and grid position size that you are comfortable with. Monitor the trend and from time to time take some profit :).
PS: The ADX filter looks interesting.
Versionshinweise
Selectable timeframes for exit filters added. Versionshinweise
Take Average-Entry Profit added. I think the option of automatic profit-taking makes sense. Versionshinweise
Screenshot issue.Versionshinweise
Additional time frames for exit filters added.Two fractals trend lines as entry-filter and exit-filter added.
Versionshinweise
Entry filter timeframes added.Versionshinweise
Tooltips added and minor changes.Versionshinweise
Minor changes.Versionshinweise
Sorry... take profit is now working with shorts correctly. I'm too much long focused at Bitcoin :) .Versionshinweise
Minor changes.Versionshinweise
Changed/adapted the strategy parameters. Versionshinweise
Automatic increase in position size for each trade (Martingale) added. In my opinion, Martingale is too risky to trade. But it's part of trading...Versionshinweise
Stop loss based on average-entry price added. Versionshinweise
First position size factor added. Versionshinweise
Local top/bottom added as start price for stop loss grid (position reduction starts earlier). Versionshinweise
Pin bar entry signal added.Automatic increase in position size revised.
Versionshinweise
Minor changes.Versionshinweise
Screenshot issue.Versionshinweise
Strategy comments revised. Versionshinweise
"Bug" fixed.Versionshinweise
Tooltips revised.Versionshinweise
"Top/Bottom sensitivity" added.Versionshinweise
"First position" bug fixed. Minor improvements.
Versionshinweise
Script revised and some new features/improvements added.Versionshinweise
Removed "Backtest (...)".Versionshinweise
Repainting option added. Versionshinweise
Strategy entry id bug fixed.Versionshinweise
Script converted to Pine v5."Quantity" for exit filters added.
Versionshinweise
Info panel for unrealized profit/loss added.Bug fixes.
New filters added (ema1 x ema2, macd slope, hma).
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Filter and exits revised.Trade direction "both" added.
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Strategy border levels added.Repainting revised.
Live trading parameters for Alertatron and Bybit added (I am not an affiliate of them. I am just using their services).
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"Strategy trigger and border levels" bug fix.Versionshinweise
Panel revised.Versionshinweise
Script revised (filters, exits, live trading comments).Versionshinweise
Exit bug fixed.Versionshinweise
"Remain idle after crossing border level" added.Bollinger Bands added.
Scalping mode is unfinished.
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Minor corrections.Versionshinweise
Minor changes. pubished to get help with mutable variable.Versionshinweise
Bollinger Bands filter revised.Button "Close All When Border Level Is Crossed." added.
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Live trading bug fixed / conditions revised.TP and SL counter added.
Break even added.
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Border level logic revised (read tooltips for more info). Versionshinweise
Border level logic revised.Versionshinweise
"Border level close" revised.Versionshinweise
Code revised/updated. Inputs rearranged.
Trigger and border lines revised.
Versionshinweise
Inputs rearranged for a better usability."Instant Grid" added.
"Instantly On Current Bar Close" option for 1st Entry added.
Trigger and border lines are bar high/low sensitive now.
In backtesting, everything seems to be working as it should. Everything is also implemented for live trading but I haven't tested it live yet.
Versionshinweise
Close Partly On Break Even added.Versionshinweise
Break even on live trading bug fixed.Versionshinweise
Minor changes.Versionshinweise
"Close & Stop" added.Versionshinweise
Screen shot issue.Versionshinweise
Live trading bug fixed. Versionshinweise
Live trading bugs fixed. "Auto increase in position size" bug on live trading is still pending.Versionshinweise
"Min Lot Size" for repetitive break even on backtesting added. Break even bug fixed.
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Made break even "Min Lot size" available for live trading.Versionshinweise
Short entry bug fixed.Versionshinweise
Added scalper mode (only for backtesting). This still needs to be worked out, but hopefully conveys the idea I was trying to implement. I'm not following the development any further as it doesn't make sense with the current state of Tradingview's 'Strategy Tester'. Further development would only make sense with a 'strategy tester' similar to that of MT4/MT5.The example doesn't use the scalping mode. All parameters are default but Trade direction = short, trend start = 2022-08-10, Break even = "Partly close" enabled, Stop loss count = enabled
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Möchten Sie dieses Skript auf einem Chart verwenden?
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.