QaSH Momentum Entries
This script implements a variation of the Rob Hoffman's Inventory Retracement strategy, with entries being triggered by inventory retracement candles. Various confirmation parameters are available, such as
Position management tools include
- EMA slope for momentum confirmation
- multi-timeframe EMA
- multi-timeframe Ehler's mother of all moving averages
- volume confirmation
Position management tools include
- up to 3 orders can be tracked simultaneously and independently as a method of pyramiding into and out of a position
- unique order ID's that pass along into the alert message (for helping the automation service manage positions)
- entry filters based on current position profit
- entry filters based on entry frequency
- trade timers that can end a position after a specified amount of time
- moving the stoploss when in profit
- various parameters can be passed along into the alerts
Versionshinweise:
Added an option for using a following adaptive moving average for confirmation
Versionshinweise:
expanded slope range to 0.01-90 degrees
minor visual edit
minor visual edit
Versionshinweise:
Republishing just to update the image and showcase features
Versionshinweise:
added support for "% risk of equity" order sizing
Versionshinweise:
added some quantity and leverage placeholders to be used by an automation service
Versionshinweise:
fixed script entering a short while already long