INVITE-ONLY SCRIPT
Trend Trading
Aktualisiert
The strategy has two scripts coded in it. It uses $10,000 capital, 1 Share is the default quantity, commission of 0.0018.
As you can notice in the AMD chart,
The coded script can do four actions because there are two scripts together.
First script:
A-Buy on red bars
B-sell on green candles.
Second script:
A-buy on red background
B-sell on green background
(This is just to show you the statistics of both scripts).
The way my strategy works is there are multiple weights to gains from certain highs and lows using Fibonacci ratios.
The reason I combined both is I need to know what the trend is to avoid trading against it.
The background color tells me what the trend it.
The bar colors are for entries.
How I filter the signals:
When the background is red, then a down trend. However, my entry would be on green bars.
When the background is green, an uptrend, However, my entry would be on red bars.
The strategy can be used for multiple time frames, please test profitability rate and trade based on your judgment. The indicator is not perfect, and Your skills are important in the decision making. Do not depend solely on the indicator.
Other signals,
1-After a wide green background(uptrend). You could see one a red that could be an entry instead of a downtrend and vice versa.
2-In a wide red background, you could see green bars eventually that could be an overbought condition for a rally and vice versa.
The indicator can help you but will not trade for you. I suggest that you follow the certain conditions I have mentioned (How filter the signals).
If you are interested, please send me private message.
As you can notice in the AMD chart,
The coded script can do four actions because there are two scripts together.
First script:
A-Buy on red bars
B-sell on green candles.
Second script:
A-buy on red background
B-sell on green background
(This is just to show you the statistics of both scripts).
The way my strategy works is there are multiple weights to gains from certain highs and lows using Fibonacci ratios.
The reason I combined both is I need to know what the trend is to avoid trading against it.
The background color tells me what the trend it.
The bar colors are for entries.
How I filter the signals:
When the background is red, then a down trend. However, my entry would be on green bars.
When the background is green, an uptrend, However, my entry would be on red bars.
The strategy can be used for multiple time frames, please test profitability rate and trade based on your judgment. The indicator is not perfect, and Your skills are important in the decision making. Do not depend solely on the indicator.
Other signals,
1-After a wide green background(uptrend). You could see one a red that could be an entry instead of a downtrend and vice versa.
2-In a wide red background, you could see green bars eventually that could be an overbought condition for a rally and vice versa.
The indicator can help you but will not trade for you. I suggest that you follow the certain conditions I have mentioned (How filter the signals).
If you are interested, please send me private message.
Versionshinweise
I have removed the inputs settings and made them fixed values. I do not want them to mislead usersNote: The script requires a lot of bars to to work. Some assets can be newly listed or has less than the required number of bars . If so, the colors will not change.
Skript nur auf Einladung
Der Zugriff auf dieses Skript ist auf vom Autor autorisierte User beschränkt und normalerweise kostenpflichtig. Sie können es zu Ihren Favoriten hinzufügen, aber Sie können es nur verwenden, nachdem Sie die Erlaubnis angefordert und vom Autor erhalten haben. Kontaktieren Sie malrawi für weitere Informationen oder folgen Sie den Anweisungen des Autors unten.
TradingView empfiehlt nicht, ein Script zu kaufen, wenn Sie den Autor nicht zu 100 % als vertrauenswürdig halten, oder nicht verstehen, wie das Script funktioniert. In vielen Fällen können Sie auch eine gute und kostenlose Open-Source-Alternative in unseren Community-Scripts entdecken.
Hinweise des Autors
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Möchten Sie dieses Skript auf einem Chart verwenden?
Warnung: Bitte lesen Sie dies, bevor Sie Zugriff anfordern.
Haftungsausschluss
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