INVITE-ONLY SCRIPT

TFi Price Action Resampling Filter V1 - FULL

The script is resampling the price based on its range/price-action and creates an alternative filter to smoothen price movements.

Overview of features:
  • Optional stop-loss
  • Optional flags to control the position entry
  • Optional flags to control the position exit
  • Built-in backtesting engine with start balance, position size and pyramiding; each year will be evaluated separately
  • Inputs for a percentage entry and exit slippage, entry/exit and daily funding fees
  • Configurable alerts, which follow the exact position of the entry/exit marker
  • Alert messages contain predefined trading instruction to execute orders via Alertatron or TradeFab's proprietary trading server, or can be defined by the user


The script renders a performance/status table, which shows the current position status and result of the built-in trading simulation results.
It shows the following statistic values:
  • Current position PnL - also background turns green if position is in profit and red if in loss
  • Average entry price and number of positions
  • Current percentage distance to the optional stop-loss level
  • Current Maximum Draw Down
  • Number of wins and losses and the win/loss ratio per year and overall
  • Profit and loss amount, paid fees per year and overall
  • Profit-ratio and Maximum Draw Down per year and overall
  • Balance and ROI per year and overall

alertsbacktestingdownsamplingExponential Moving Average (EMA)filterPivot Pointsprice-actionresamplingSimple Moving Average (SMA)statustable

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 TradeFab for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Please text me via Tradingview to get access to the script!

Want to use this script on a chart?

Warning: please read before requesting access.

Thanks Frank, TradeFab LLC

For purchasing/subscribing scripts: tradefab.org/

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