CREDITS to @HPotter for the orginal code.
CREDITS to @Yo_adriiiiaan for recently publishing the UT Bot study based on the original code -
I just added some simple code to turn it into a strategy. Now, anyone can simply add the strategy to their chart to see the backtesting results!
While @Yo_adriiiiaan mentions it works best on a 4-hour timeframe or above, I...
This strategy uses the RSI indicator together with the Bollinger Bands to go long when the price is below the lower Bollinger Band (and to close the long trade when this value is above the upper Bollinger band).
This simple strategy only places a long, when both the RSI and the Bollinger Bands indicators are at the same time in a oversold condition.
In this new...
This is a simple swing trading algorithm that uses a fast RSI-EMA to trigger buy/cover signals and a slow RSI-EMA to trigger sell/short signals for SPY, an xchange-traded fund for the S&P 500.
The idea behind this strategy follows the premise that most profitable momentum trades usually occur during periods when price is trending up or down. Periods of flat price...
The entry and exit levels here are NOT derived from any specific indicator but are coming from our A.I. driven proprietary models.
This is an attempt at exploring the trading community here at TradingView and sharing our daily trading plans published at our site with the community here in the form a Pine Script - just starting and learning this platform. Please...
This model is optimized for SPY on a daily time-frame.
Even though it is still profitable (Profit factor > 1) on other time-frames, such as 1h or weekly, I strongly advise you to NOT consider these signals.
You might also get positive returns on other assets, and time-frames, and I also strongly advise you to NOT consider them for your trades. For...
**** This is a TEST script only! Do NOT use on real money accounts! *****
***** Intended to be used in testing by invited_only members *****
***** If you want to participate in our testing using your paper trading account(s), send me a private message *****
This is a script to test trading flows from an invite only script to one's trading view chart and then possibly to one of the connected brokers.
**** Do NOT use on real funds - this randomly triggers trades. Do NOT use on real money accounts. ******
The SPX Options signal system is based on the Market Internals which ultimately drills down to its underlying stocks and their Movement
So a signal system is created which takes the key market Internals rather than just price alone.
In trading OPTIONS, your Direction earns you money along with Option Writing.
PARAMETERS TAKEN INTO ACCOUNT
1. Key Sector...
System Algorithm based on historical price probabilities and volumes. We recommend use financial stock, bond, crypts, indices, futures and Forex market (GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, USOIL, XAUUSD, SOYUSD, DXY, SPY, SP1!, bitcoin) with defined trends above 50 or 100 and 200 simple moving averages idem if you want trade downtrend financial...
Here is my strategy with the working title "Achernar", which works best with the published default setting on the 'CBOE' 'S&P 500' daily chart. The strategy is intended for investments in long-term time-frames (the current average of the trades is a holding period of over 1000 days). The setting allows to use the 'CBOE' as price source (default) or the Tradingview...