INVITE-ONLY SCRIPT
MACD Price Projected Bands [MPPB] Strategy for NIFTY / BTC 2 min
MACD Price Projected Bands is an intraday NON REPAINTING Strategy to be used over BTCUSD and NIFTY on 2mins charts for optimum results!!
How the Strategy works
The strategy uses MACD with standard configuration as its main component.
The adaptive Bands are calculated over the MACD lookback, and MACD crosses of the adaptive bands are projected over the Price for creating a decision logic
A cyclic Trend Filter is used to calculate the Optimum Entry and Exit Points for the Strategy,
Levels are also plotted over the price projected bands for better visualisation of the targets!
What is used !
Macd_config : { fast:12 , slow:26 , signal:9 }
Lookback Length : 55
The Strategy has Provision for Alerts
You get Two signals
1. MPPBS Buy Signal
2. MPPBS Sell Signal
How the Visual Target System Works and How to trade Using this Strategy
An Adaptive Projected Band is constructed using MACD for traders to get Visual inputs regarding targets!!
The Trading Methodologies are in below Charts
For Short Trades
For Long Trades
Strategy Configurations for Backtest
For Englishmen!
The Backtesting Rules in the Strategy calculates only when order gets filled, the basic pyramiding in the strategy is set to 1, i.e The maximum number of entries allowed in the same direction is set to 1,
Also we trade only 1 quantity of the security with initial capital of 100000USD, and The commission type used in the strategy is set to 0.05 USD that means we pay 0.05USD as commissions in every trade!
For Coders!
{
calc_on_order_fills=true,
pyramiding=1,
default_qty_type=strategy.fixed,
default_qty_value=1,
initial_capital=100000,
currency=currency.USD,
commission_type= strategy.commission.cash_per_order,
commission_value = 0.05
}
How can you get access
Only do private message to me, donot use comment box for requesting access!
How the Strategy works
The strategy uses MACD with standard configuration as its main component.
The adaptive Bands are calculated over the MACD lookback, and MACD crosses of the adaptive bands are projected over the Price for creating a decision logic
A cyclic Trend Filter is used to calculate the Optimum Entry and Exit Points for the Strategy,
Levels are also plotted over the price projected bands for better visualisation of the targets!
What is used !
Macd_config : { fast:12 , slow:26 , signal:9 }
Lookback Length : 55
The Strategy has Provision for Alerts
You get Two signals
1. MPPBS Buy Signal
2. MPPBS Sell Signal
How the Visual Target System Works and How to trade Using this Strategy
An Adaptive Projected Band is constructed using MACD for traders to get Visual inputs regarding targets!!
The Trading Methodologies are in below Charts
For Short Trades
For Long Trades
Strategy Configurations for Backtest
For Englishmen!
The Backtesting Rules in the Strategy calculates only when order gets filled, the basic pyramiding in the strategy is set to 1, i.e The maximum number of entries allowed in the same direction is set to 1,
Also we trade only 1 quantity of the security with initial capital of 100000USD, and The commission type used in the strategy is set to 0.05 USD that means we pay 0.05USD as commissions in every trade!
For Coders!
{
calc_on_order_fills=true,
pyramiding=1,
default_qty_type=strategy.fixed,
default_qty_value=1,
initial_capital=100000,
currency=currency.USD,
commission_type= strategy.commission.cash_per_order,
commission_value = 0.05
}
How can you get access
Only do private message to me, donot use comment box for requesting access!
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Ankit_1618 for more information, or follow the author's instructions below.
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About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
→ ocstrader.com
→ bit.ly/ocs_ai_trader
About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.