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Moving Averages

Two Take Profits and Two Stop LossThis script is for research purposes only. I am not a financial advisor. Entry Condition This strategy is based on two take profit targets, two stop loss, and scaling out strategy. The entry rule is very simple. Whenever the EMA crossover WMA, the long trade is taken and vice versa. Take Profit and Stop Loss The first take profit is set at 20 pips above the long entry and the second take profit is set at 40 pips above the long entry. Meanwhile, the first stop loss is set at 20 pips below the long entry and the second stop loss is set at the long entry. Money Management When the first take profit is achieved, half of the position is closed and the first stop loss is moved to the entry-level. The rest of the position is open to achieve either second take profit or second stop loss. There are three outcomes when using this strategy. Let's say you enter the trade with 200 lot size and you are risking 2% of your equity. 1. The first outcome is when the price hits stop loss, you lose the entire 2%. 2. The second outcome is when the price hits the first take profit and you close half of your position. Meaning that you have gained 1%. Then you let the trade running and eventually it hits the second stop loss. Remember your first stop loss has changed to the second stop loss when the first take profit is achieved. The total loss is 0% because the price is at your entry-level. You have gained the earlier 1% and then lost 0%. At this point, you are at 1% gained. 3. The third outcome is similar to the second out but instead of hitting the second stop loss, the trade is running to your favor and hits the second take profit. Therefore, you gained 1% from the first take profit and you gained another 2% for the second take profit. Your total gained is 3% Summary The reason behind this strategy is to minimize risk. with normal strategy, you only have two outcomes which are either win or loss. With this strategy, you have three outcomes which win 3%, win 1%, or loss 2%. This is my similar strategy but with single stop loss
Pine Script™ strategy
by ahmad_naquib
23
Two Take Profit StrategyThis script is for research purposes only. I am not a financial advisor. Entry Condition This strategy is based on two take profit targets and scaling out strategy. The entry rule is very simple. Whenever the EMA crossover WMA, the long trade is taken and vice versa. Take Profit and Stop Loss The first take profit is set at 20 pips above the long entry and the second take profit is set at 40 pips above the long entry. Meanwhile, the stop loss is set at 20 pips below the long entry. Money Management When the first take profit is achieved, half of the position is closed. The rest of the position is open to achieve either second take profit or stop loss. There are three outcomes when using this strategy. Let's say you enter the trade with 200 lot size and you are risking 2% of your equity. 1. The first outcome is when the price hits stop loss, you lose the entire 2%. 2. The second outcome is when the price hits the first take profit and you close half of your position. Meaning that you have gained 1%. Then you let the trade running and eventually it hits stop loss. The total loss is 0% because the remaining lot size which is 200/2=100 times by 20pips is 1%. You have gained the earlier 1% and then loss 1%. At this point, you are at break even. 3. The third outcome is similar to the second out but instead of hiring stop loss, the trade is running to your favor and hits the second take profit. Therefore, you gained 1% from the first take profit and you gained another 2% for the second take profit. Your total gained is 3% Summary The reason behind this strategy is to minimize risk. with normal strategy, you only have two outcomes which are either win or loss. With this strategy, you have three outcomes which are win, loss or break even.
Pine Script™ strategy
by ahmad_naquib
15
EMA Crossover StrategyEMA Crossover Strategy This strategy will enter a long trade when the 21 EMA crosses over the 55 EMA and both EMAs and the close price are above the 200 EMA (long-term trend). It will enter a short trade when the 21 EMA crosses under the 55 EMA and both EMAs and the close price are below the 200 EMA. It will exit a long trade when the RSI crosses under from overbought and indicates that the uptrend could be coming to an end. It will exit a short trade when the RSI crosses over from oversold and indicates that the downtrend could be coming to an end. Backtesting shows that it works best on: 30 MIN: SYMBOL - PROFIT FACTOR AUDCAD - 1.126 EURJPY - 1.12 EURNZD - 1.04 EURUSD - 1.65 GBPAUD - 1.27 USDCAD - 1.08 1 HR: SYMBOL - PROFIT FACTOR CADJPY- 1.23 EURNZD- 1.166 GBPJPY- 1.23 GBPUSD- 1.282 NZDJPY- 1.246 USDCHF- 1.344 3 HR: SYMBOL - PROFIT FACTOR CADCHF- 1.975 EURGBP- 1.776 EURNZD- 1.911 GBPAUD- 1.364 GBPCHF- 1.311 USDJPY- 1.162 XAUUSD - 2.00 As always, this strategy does not guarantee you to achieve profits and you should always use confirmations before entering a trade.
Pine Script™ strategy
by UnknownUnicorn8106969
5
Combo Backtest 123 Reversal & EMA & MA Crossover This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The Moving Average Crossover trading strategy is possibly the most popular trading strategy in the world of trading. First of them were written in the middle of XX century, when commodities trading strategies became popular. This strategy is a good example of so-called traditional strategies. Traditional strategies are always long or short. That means they are never out of the market. The concept of having a strategy that is always long or short may be scary, particularly in today’s market where you don’t know what is going to happen as far as risk on any one market. But a lot of traders believe that the concept is still valid, especially for those of traders who do their own research or their own discretionary trading. This version uses crossover of moving average and its exponential moving average. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
4
EMA Slope Cross Trend Follower StrategyThis strategy uses the cross of the slopes of two EMAs having different lengths to generate trend follower signals. By default, I use 130 and 400, which behave very well. The conditions which make the strat enter the market are: - Fast Slope > Slow Slope and price > EMA 200 : go Long - Fast Slope < Slow Slope and price < EMA200 : go Short The simple slopes cross in the opposite direction, closes the position. The strategy performs best on Bitcoin and the most liquid and capitalized Altcoins, but works greatly on volatile assets as well, in particular if they often go trending. Works best on 4h time frame. There's also an optional Volatility filter, which opens the position only if the difference between the two slopes is more than a specific value, which can be set in the strategy inputs. The purpose is not opening positions if price is going sideways and the noise is way > than the signal. Enjoy it!
Pine Script™ strategy
by lukescream
9
Combination Parabolic MA/IIR/ALMA Strategy, and other goodies Okay, so this is a lot. It started mostly with me combining indicators and looking for ideal entry criteria. It is also a collection of conditions, whether used or unused, for my current chosen "best" strategy. It is currently set how I like it, but it has changed with time, and will continue to do so. Within, there are variables that are unused, but offer some insight into the overall odds of a trade. They were, in fact, once used but fell out of favor. And all details for this strategy are within the comment header of the script. As this evolves, I most certainly wont keep any future findings and hope for profit from my peers (yinz). Also, I'd like to give a sincere thanks to the people of TV for what I learned in a few month's time and their flexible membership plans. Basically, I'm just a mad scientist, but this monster's a masterpiece and folks here before me made many indirect contributions to it. -------------------------- Okay guys, lastly and most importantly, Each smack of the like button is a vote of your confidence in me, to my beautiful landladies, Celeste and Adele, that my rent will be caught up and that it won't always be a problem. Which, in my mind, makes me a graph. And they've got strong hands and don't sell the low. I more than respect that. Seriously. And I'm very grateful for their willingness to work with me, but the thing is that I didn't ask first; life just happens. But few are tolerant of others. And quite importantly, I truly believe that I will be successful one day, and that "thumbs-up" button is your vote of confidence. If you're not sure, then don't hit it yet. Maybe my scripts will boost your confidence in me :) ------------------------- PS: And you know what? I'ma give a shout-out to Philakone for teaching me everything that I know about Elliot Wave . Absolutely. Two years ago, I would keep telling myself that one day I will put something in his gratuity wallet or pursue the paid courses. And, I still plan on it, because I'm grateful. And so also, to everybody else, I'm recommending him to learn from. because as a trader who might not know everything for free, you can certainly fill in the gaps with his altruistic offerings. And I'm betting that you will then feel more than inclined to buy the Udemy course. "If wave 2 retraces a lot; number 4 will not". Repetition. Philakone didn't fix my memory but he sure did find a workaround, haha Okay, everyone, Thanks!
Pine Script™ strategy
by SnorkelSteve
4
Combination Parabolic MA/IIR/ALMA Strategy, with other goodiesOkay, so this is a lot. It started mostly with me combining indicators and looking for ideal entry criteria. It is also a collection of conditions, whether used or unused, for my current chosen "best" strategy. It is currently set how I like it, but it has changed with time, and will continue to do so. Within, there are variables that are unused, but offer some insight into the overall odds of a trade. They were, in fact, once used but fell out of favor. And all details for this strategy are within the comment header of the script. As this evolves, I most certainly wont keep any future findings and hope for profit from my peers (yinz). Also, I'd like to give a sincere thanks to the people of TV for what I learned in a few month's time and their flexible membership plans. Basically, I'm just a mad scientist, but this monster's a masterpiece and folks here before me made many indirect contributions to it. -------------------------- Okay guys, lastly and most importantly, Each smack of the like button is a vote of your confidence in me, to my beautiful landladies, Celeste and Adele, that my rent will be caught up and that it won't always be a problem. Which, in my mind, makes me a graph. And they've got strong hands and don't sell the low. I more than respect that. Seriously. And I'm very grateful for their willingness to work with me, but the thing is that I didn't ask first; life just happens. But few are tolerant of others. And quite importantly, I truly believe that I will be successful one day, and that "thumbs-up" button is your vote of confidence. If you're not sure, then don't hit it yet. Maybe my scripts will boost your confidence in me :) ------------------------- PS: And you know what? I'ma give a shout-out to Philakone for teaching me everything that I know about Elliot Wave . Absolutely. Two years ago, I would keep telling myself that one day I will put something in his gratuity wallet or pursue the paid courses. And, I still plan on it, because I'm grateful. And so also, to everybody else, I'm recommending him to learn from. because as a trader who might not know everything for free, you can certainly fill in the gaps with his altruistic offerings. And I'm betting that you will then feel more than inclined to buy the Udemy course. "If wave 2 retraces a lot; number 4 will not". Repetition. Philakone didn't fix my memory but he sure did find a workaround, haha Okay, everyone, Thanks!
Pine Script™ strategy
by SnorkelSteve
4
[Strategy] - EMA 10,20 59 with Profit DisplayedThis EA is still under construction !! So for this EA is only based on the trend of the 3 EMA's Buytrend = (ema1 and ema2 > ema3) and (ema1 and ema2 > ema3 ) We also change the Background depending on the trend. bgcolor(Buytrend ? color.green : color.red,transp=70) At this point I was wondering how much "profit" we would have made if this strategy was only based on the trend so I added the Labels to start/end close of that trend and then see how much profit in pip's we would have made. Later I was wondering if I could get the total information on the trades and thats what the Label over the current candle is telling us. If that label is red we didn't made any profit and if its green we made som profit. I also added a BuyProfit and a count buy/sells and a total Profit to see how that information clearly without opening the strategy tester. NOTE this shows the profit in pip's Next step is to implement a Buy/Sell Signal togheter with a Buy/SellSignalOUT signal. Thats currently under development and you'll see some code being there already but as of now the orders are made from the trend signal not the Buy/Sell Signal.
Pine Script™ strategy
by mattehalen
3
WOMBO COMBO: EMA & VWAP & MACD & BB & STCHello my fellow investors, After hours of reading, backtesting, and YouTube video watching I discovered that EMA, VWAP, BB, MACD, and STC produce the most consistent results for investment planning. This strategy allows you to pick between the aforementioned indicators or layer them together. It works on the pricipal of: 1) Always follow the market trend - buy/sell above/below 200EMA 2) Follow corporate investing trends - buy/sell above/below VWAP 3) Apply MACD check - buy--> MACD line above signal line and corssover below histogram \\ sell --> MACD line below signal line and crossover above histogram. 4) Check volitility with price against BB limits upper/Sell or lower/buy 5) When STC crosses about 10 buy and when it drops below 90 sell 6) Exit position when stop loss is triggered or profit target is hit. BB also provides a parameter to exit positions. This code is the product of many hours of hard work on the part of the greater tradingview community. The credit goes to everyone in the community who has put code out there for the greater good.
Pine Script™ strategy
by MakeMoneyCoESTB2020
11
MACD Cross+MAStrategy MACD cross + Ma cross การเข้าจะเข้าต่อเมื่อมีการ Cross ของ MACD ก่อน แล้วมีการ Cross ของเส้น ma 9,26 ตามมา จากการ Backtest ของผมถือว่าเป้น Indicator ที่ค่อนข้างบอกให้เข้าช้าเลยทีเดียว แต่ใช้ Follow เทรนพอใช้ได้อยู่ครับ แนะนำให้ใช้ในช่วงที่ตลาดเป็นขาขึ้นนะครับ ช่วงหมียาวอย่างปี 2018 Indicator ตั้วนี้ไม่เวิร์คอย่างแรงเลยครับ ในภาพ backtest ตั้งแต่ปี 2019 - ปัจจุบันนะครับ ใช้ใน TF Day จะเห็นผลดีที่สุด
Pine Script™ strategy
by DeMindSET
RSI W Pattern strategyThis strategy is similar to RSI V pattern strategy, but it looks for W pattern in RSI chart. RULES ====== BUY 1. ema20 is above ema50 2. RSI5 crossing up 30 from oversold area 3. and RSI5 must be below overbought area (default value set to 65) Add to existing Position 1. You can add on the next W pattern OR 2. if RSI5 is crossing up from below 20 Exit 1. when RSI5 reaches 75 Note: This is for short term/swing trading . which gets on when price dip in trending and quickly gets you out on RSI overbought area
Pine Script™ strategy
by mohanee
34
McGinley Dynamic Indicator This is a strategy based on the Mcginley Dynamic Moving Average indicator, a type of moving average that was designed to track the market better than existing moving average indicators. It is a technical indicator that improves upon moving average lines by adjusting for shifts in market speed. Moving averages used: EMA: 21 EMA: 42 The chart used for the backtest was the Bovespa Futures Index ( WIN1! Continuous: current contract in front )
Pine Script™ strategy
by LucasZancheta
RSI Divergence X Ichimoku Cloud X 200EMAHi all, This script is a combination of the RSI Divergence Strategy combined with Ichimoku Cloud and 200 EMA . A long position is entered only when the RSI identifies a bullish divergence (either regular or hidden), and that the Ichimoku Cloud is above the 200 EMA . This is to ensure that there is a confirmation of a bullish trend before an entry. Similarly, a short position is entered only when the RSI identified a bearish divergence (either regular or hidden), and that the Ichimoku Cloud is below the 200 EMA . This is to ensure that there is a confirmation of a bearish trend before an entry. I find that this script works best on Intraday charts. This is just a simple script I built on my third attempt of backtesting strategies on TradingView. Do give it a go and let me know if you guys have any feedback or comments about it. Happy trading!
Pine Script™ strategy
by tradethrills
9