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SAR

888 BOT #alerts█ 888 BOT #alerts This is an Expert Advisor 'EA' or Automated trading script for ‘longs’ and ‘shorts’, which uses only a Take Profit or, in the worst case, a Stop Loss to close the trade. It's a much improved version of the previous ‘Repanocha’. It doesn`t use 'Trailing Stop' or 'security ()' functions (although using a security function doesn`t mean that the script repaints) and all signals are confirmed, therefore the script doesn`t repaint in alert mode and is accurate in backtest mode. Apart from the previous indicators, some more and other functions have been added for Stop-Loss, re-entry and leverage. It uses 8 indicators, (many of you already know what they are, but in case there is someone new), these are the following: 1. Jurik Moving Average It's a moving average created by Mark Jurik for professionals which eliminates the 'lag' or delay of the signal. It's better than other moving averages like EMA, DEMA, AMA or T3. There are two ways to decrease noise using JMA. Increasing the 'LENGTH' parameter will cause JMA to move more slowly and therefore reduce noise at the expense of adding 'lag' The 'JMA LENGTH', 'PHASE' and 'POWER' parameters offer a way to select the optimal balance between 'lag' and over boost. Green: Bullish, Red: Bearish. 2. Range filter Created by Donovan Wall, its function is to filter or eliminate noise and to better determine the price trend in the short term. First, a uniform average price range 'SAMPLING PERIOD' is calculated for the filter base and multiplied by a specific quantity 'RANGE MULTIPLIER'. The filter is then calculated by adjusting price movements that do not exceed the specified range. Finally, the target ranges are plotted to show the prices that will trigger the filter movement. Green: Bullish, Red: Bearish. 3. Average Directional Index (ADX Classic) and (ADX Masanakamura) It's an indicator designed by Welles Wilder to measure the strength and direction of the market trend. The price movement is strong when the ADX has a positive slope and is above a certain minimum level 'ADX THRESHOLD' and for a given period 'ADX LENGTH'. The green color of the bars indicates that the trend is bullish and that the ADX is above the level established by the threshold. The red color of the bars indicates that the trend is down and that the ADX is above the threshold level. The orange color of the bars indicates that the price is not strong and will surely lateralize. You can choose between the classic option and the one created by a certain 'Masanakamura'. The main difference between the two is that in the first it uses RMA () and in the second SMA () in its calculation. 4. Parabolic SAR This indicator, also created by Welles Wilder, places points that help define a trend. The Parabolic SAR can follow the price above or below, the peculiarity that it offers is that when the price touches the indicator, it jumps to the other side of the price (if the Parabolic SAR was below the price it jumps up and vice versa) to a distance predetermined by the indicator. At this time the indicator continues to follow the price, reducing the distance with each candle until it is finally touched again by the price and the process starts again. This procedure explains the name of the indicator: the Parabolic SAR follows the price generating a characteristic parabolic shape, when the price touches it, stops and turns (SAR is the acronym for 'stop and reverse'), giving rise to a new cycle. When the points are below the price, the trend is up, while the points above the price indicate a downward trend. 5. RSI with Volume This indicator was created by LazyBear from the popular RSI. The RSI is an oscillator-type indicator used in technical analysis and also created by Welles Wilder that shows the strength of the price by comparing individual movements up or down in successive closing prices. LazyBear added a volume parameter that makes it more accurate to the market movement. A good way to use RSI is by considering the 50 'RSI CENTER LINE' centerline. When the oscillator is above, the trend is bullish and when it is below, the trend is bearish. 6. Moving Average Convergence Divergence (MACD) and (MAC-Z) It was created by Gerald Appel. Subsequently, the histogram was added to anticipate the crossing of MA. Broadly speaking, we can say that the MACD is an oscillator consisting of two moving averages that rotate around the zero line. The MACD line is the difference between a short moving average 'MACD FAST MA LENGTH' and a long moving average 'MACD SLOW MA LENGTH'. It's an indicator that allows us to have a reference on the trend of the asset on which it is operating, thus generating market entry and exit signals. We can talk about a bull market when the MACD histogram is above the zero line, along with the signal line, while we are talking about a bear market when the MACD histogram is below the zero line. There is the option of using the MAC-Z indicator created by LazyBear, which according to its author is more effective, by using the parameter VWAP (volume weighted average price) 'Z-VWAP LENGTH' together with a standard deviation 'STDEV LENGTH' in its calculation. 7. Volume Condition Volume indicates the number of participants in this war between bulls and bears, the more volume the more likely the price will move in favor of the trend. A low trading volume indicates a lower number of participants and interest in the instrument in question. Low volumes may reveal weakness behind a price movement. With this condition, those signals whose volume is less than the volume SMA for a period 'SMA VOLUME LENGTH' multiplied by a factor 'VOLUME FACTOR' are filtered. In addition, it determines the leverage used, the more volume, the more participants, the more probability that the price will move in our favor, that is, we can use more leverage. The leverage in this script is determined by how many times the volume is above the SMA line. The maximum leverage is 8. 8. Bollinger Bands This indicator was created by John Bollinger and consists of three bands that are drawn superimposed on the price evolution graph. The central band is a moving average, normally a simple moving average calculated with 20 periods is used. ('BB LENGTH' Number of periods of the moving average) The upper band is calculated by adding the value of the simple moving average X times the standard deviation of the moving average. ('BB MULTIPLIER' Number of times the standard deviation of the moving average) The lower band is calculated by subtracting the simple moving average X times the standard deviation of the moving average. the band between the upper and lower bands contains, statistically, almost 90% of the possible price variations, which means that any movement of the price outside the bands has special relevance. In practical terms, Bollinger bands behave as if they were an elastic band so that, if the price touches them, it has a high probability of bouncing. Sometimes, after the entry order is filled, the price is returned to the opposite side. If price touch the Bollinger band in the same previous conditions, another order is filled in the same direction of the position to improve the average entry price, (% MINIMUM BETTER PRICE ': Minimum price for the re-entry to be executed and that is better than the price of the previous position in a given %) in this way we give the trade a chance that the Take Profit is executed before. The downside is that the position is doubled in size. 'ACTIVATE DIVIDE TP': Divide the size of the TP in half. More probability of the trade closing but less profit. █ STOP LOSS and RISK MANAGEMENT. A good risk management is what can make your equity go up or be liquidated. The % risk is the percentage of our capital that we are willing to lose by operation. This is recommended to be between 1-5%. % Risk: (% Stop Loss x % Equity per trade x Leverage) / 100 First the strategy is calculated with Stop Loss, then the risk per operation is determined and from there, the amount per operation is calculated and not vice versa. In this script you can use a normal Stop Loss or one according to the ATR. Also activate the option to trigger it earlier if the risk percentage is reached. '% RISK ALLOWED' wich is calculated according with: '%EQUITY ON EACH ENTRY'. Only works with Stop Loss on 'NORMAL' or 'BOTH' mode. 'STOP LOSS CONFIRMED': The Stop Loss is only activated if the closing of the previous bar is in the loss limit condition. It's useful to prevent the SL from triggering when they do a ‘pump’ to sweep Stops and then return the price to the previous state. █ ALERTS There is an alert for each leverage, therefore a maximum of 8 alerts can be set for 'long' and 8 for 'short', plus an alert to close the trade with Take Profit or Stop Loss in market mode. You can also place Take Profit limit and Stop Loss limit orders a few seconds after filling the position entry order. - 'MAXIMUM LEVERAGE': It is the maximum allowed multiplier of the % quantity entered on each entry for 1X according to the volume condition. - 'ADVANCE ALERTS': There is always a time delay from when the alert is triggered until it reaches the exchange and can be between 1-15 seconds. With this parameter, you can advance the alert by the necessary seconds to activate it earlier. In this way it can be synchronized with the exchange so that the execution time of the entry order to the position coincides with the opening of the bar. The settings are for Bitcoin at Binance Futures (BTC: USDTPERP) in 30 minutes. For other pairs and other timeframes, the settings have to be adjusted again. And within a month, the settings will be different because we all know the market and the trend are changing. █ 888 BOT (SPANISH) Este es un Expert Advisor 'EA' o script de trading automatizado para ‘longs’ y ‘shorts’, el cual, utiliza solo un Take Profit o, en el peor de los casos, un Stop Loss para cerrar el trade. Es una versión muy mejorada del anterior ‘Repanocha’. No utiliza ‘Trailing Stop’, ni funciones ‘security()’ (aunque usar una función security no significa que el script repinte) y todas las señales son confirmadas, por consiguiente, el script no repinta en modo alertas y es preciso en en el modo backtest. Aparte de los anteriores indicadores se han añadido algunos más y otras funciones para Stop-Loss, de re-entrada y apalancamiento. Utiliza 8 indicadores, (muchos ya sabéis sobradamente lo que son, pero por si hay alguien nuevo), son los siguientes: 1. Jurik Moving Average Es una media móvil creada por Mark Jurik para profesionales la cual elimina el ‘lag’ o retardo de la señal. Es mejor que otras medias móviles como la EMA, DEMA, AMA o T3. Hay dos formas de disminuir el ruido utilizando JMA. El aumento del parámetro 'LENGTH' hará que JMA se mueva más lentamente y, por lo tanto, reducirá el ruido a expensas de añadir ‘lag’ Los parámetros 'JMA LENGTH', 'PHASE' y 'POWER' ofrecen una forma de seleccionar el equilibrio óptimo entre ‘lag’ y sobre impulso. Verde : Alcista, Rojo: Bajista. 2. Range filter Creado por Donovan Wall, su función es la de filtrar o eliminar el ruido y poder determinar mejor la tendencia del precio a corto plazo. Primero, se calcula un rango de precio promedio uniforme 'SAMPLING PERIOD' para la base del filtro y se multiplica por una cantidad específica 'RANGE MULTIPLIER'. A continuación, el filtro se calcula ajustando los movimientos de precios que no exceden el rango especificado. Por último, los rangos objetivo se trazan para mostrar los precios que activarán el movimiento del filtro. Verde : Alcista, Rojo: Bajista. 3. Average Directional Index (ADX Classic) y (ADX Masanakamura) Es un indicador diseñado por Welles Wilder para medir la fuerza y dirección de la tendencia del mercado. El movimiento del precio tiene fuerza cuando el ADX tiene pendiente positiva y está por encima de cierto nivel mínimo 'ADX THRESHOLD' y para un periodo dado 'ADX LENGTH'. El color verde de las barras indica que la tendencia es alcista y que el ADX está por encima del nivel establecido por el threshold. El color Rojo de las barras indica que la tendencia es bajista y que el ADX está por encima del nivel de threshold. El color naranja de las barras indica que el precio no tiene fuerza y seguramente lateralizará. Se puede elegir entre la opción clásica y la creada por un tal 'Masanakamura'. La diferencia principal entre los dos es que en el primero utiliza RMA() y en el segundo SMA() en su cálculo. 4. Parabolic SAR Este indicador, creado también por Welles Wilder, coloca puntos que ayudan a definir una tendencia. El Parabolic SAR puede seguir al precio por encima o por debajo, la particularidad que ofrece es que cuando el precio toca al indicador, este salta al otro lado del precio (si el Parabolic SAR estaba por debajo del precio salta arriba y viceversa) a una distancia predeterminada por el indicador. En este momento el indicador vuelve a seguir al precio, reduciendo la distancia con cada vela hasta que finalmente es tocado otra vez por el precio y se vuelve a iniciar el proceso. Este procedimiento explica el nombre del indicador: el Parabolic SAR va siguiendo al precio generando una característica forma parabólica, cuando el precio lo toca, se para y da la vuelta (SAR son las siglas en inglés de ‘stop and reverse’), dando lugar a un nuevo ciclo. Cuando los puntos están por debajo del precio, la tendencia es alcista, mientras que los puntos por encima del precio indica una tendencia bajista. 5. RSI with Volume Este indicador lo creo un tal LazyBear de TV a partir del popular RSI. El RSI es un indicador tipo oscilador utilizado en análisis técnico y creado también por Welles Wilder que muestra la fuerza del precio mediante la comparación de los movimientos individuales al alza o a la baja de los sucesivos precios de cierre. LazyBear le añadió un parámetro de volumen que lo hace más preciso al movimiento del mercado. Una buena forma de usar el RSI es teniendo en cuenta la línea central de 50 'RSI CENTER LINE'. Cuando el oscilador está por encima, la tendencia es alcista y cuando está por debajo la tendencia es bajista. 6. Moving Average Convergence Divergence (MACD) y (MAC-Z) Fue creado por Gerald Appel. Posteriormente se añadió el histograma para anticipar el cruce de medias. A grandes rasgos podemos decir que el MACD es un oscilador consistente en dos medias móviles que van girando en torno a la línea de cero. La línea del MACD no es más que la diferencia entre una media móvil corta 'MACD FAST MA LENGTH' y una media móvil larga 'MACD SLOW MA LENGTH'. Es un indicador que nos permite tener una referencia sobre la tendencia del activo sobre el cual se está operando, generando de este modo señales de entrada y salida del mercado. Podemos hablar de mercado alcista cuando el histograma del MACD se sitúe por encima de la línea cero, junto con la línea de señal, mientras que hablaremos de mercado bajista cuando el histograma MACD se situará por debajo de la línea cero. Está la opción de utilizar el indicador MAC-Z creado por LazyBear que según su autor es más eficaz, por utilizar el parámetro VWAP (precio medio ponderado por volumen) 'Z-VWAP LENGTH' junto con una desviación standard 'STDEV LENGTH' en su cálculo. 7. Volume Condition El volumen indica el número de participantes en esta guerra entre toros y osos, cuanto más volumen más probabilidad de que se mueva el precio a favor de la tendencia. Un volumen bajo de negociación indica un menor número de participantes e interés por el instrumento en cuestión. Los bajos volúmenes pueden revelar debilidad detrás de un movimiento de precios. Con esta condición se filtran aquellas señales cuyo volumen es inferior a la SMA de volumen para un periodo 'SMA VOLUME LENGTH' multiplicado por un factor 'VOLUME FACTOR'. Además, determina el apalancamiento utilizado, a más volumen, más participantes, más probabilidad de que se mueva el precio a nuestro favor, es decir, podemos utilizar más apalancamiento. El apalancamiento en este script lo determina las veces que está el volumen por encima de la línea de la SMA. El apalancamiento máximo es de 8. 8. Bollinger Bands Este indicador fue creado por John Bollinger y consiste en tres bandas que se dibujan superpuestas al gráfico de evolución del precio. La banda central es una media móvil, normalmente se emplea una media móvil simple calculada con 20 períodos. ('BB LENGTH' Número de periodos de la media móvil) La banda superior se calcula sumando al valor de la media móvil simple X veces la desviación típica de la media móvil. ('BB MULTIPLIER' Número de veces la desviación típica de la media móvil) La banda inferior de calcula restando a la media móvil simple X veces la desviación típica de la media móvil. la franja comprendida entre las bandas superior e inferior contiene, estadísticamente, casi un 90% de las posibles variaciones del precio, lo que significa que cualquier movimiento del precio fuera de las bandas tiene especial relevancia. En términos prácticos, las bandas de Bollinguer se comporta como si de una banda elástica se tratara de manera que, si el precio las toca, éste tiene mucha probabilidad de rebotar. En ocasiones, después de rellenarse la orden de entrada, el precio se devuelve hacia el lado contrario. Si toca la banda de Bollinger se rellena otra orden en la misma dirección de la posición para mejorar el precio medio de entrada, (% MINIMUM BETTER PRICE': Precio mínimo para que se ejecute la re-entrada y que sea mejor que el precio de la posición anterior en un % dado) de esta manera damos una oportunidad al trade de que el Take Profit se ejecute antes. La desventaja es que se dobla el tamaño de la posición. 'ACTIVATE DIVIDE TP': Divide el tamaño del TP a la mitad. Más probabilidad de que se cierre el trade pero menos ganancias. █ STOP LOSS y RISK MANAGEMENT. Una buena gestión de las pérdidas o gestión del riesgo es lo que puede hacer que tu cuenta suba o se liquide en poco tiempo. El % de riesgo es el porcentaje de nuestro capital que estamos dispuestos a perder por operación. Este se aconseja que debe estar comprendido entre un 1-5%. % Risk = (% Stop Loss x % Equity per trade x Leverage) / 100 Primero se calcula la estrategia con Stop Loss, después se determina el riesgo por operación y a partir de ahí se calcula el monto por operación y no al revés. En este script puedes usar un Stop Loss normal o uno según el ATR. También activar la opción de que salte antes si se alcanza el porcentaje de riesgo. '% RISK ALLOWED' que se calcula según el porcentaje de tu capital para 1X '% EQUITY ON EACH ENTRY'. 'STOP LOSS CONFIRMED': Solamente se activa el Stop Loss si el cierre de la barra anterior se encuentra en la condición de límite de pérdidas. Es útil para evitar que se dispare el SL cuando hacen un ‘pump’ para barrer Stops y luego se devuelve el precio a la normalidad. █ ALERTAS Hay una alerta por cada apalancamiento por consiguiente como máximo se pueden poner 8 alertas para 'long' y 8 para 'short', más una alerta para cerrar el trade con Take Profit o Stop Loss en modo market. Tambien puedes colocar las ordenes Take Profit limit y Stop Loss limit unos segundos despues de rellenar la orden de entrada de la posición. - 'MAXIMUM LEVERAGE': Es el máximo multiplicador permitido de la cantidad introducida para 1X según la condición de volumen. - 'ADVANCE ALERTS': Siempre existe un retardo de tiempo desde que se activa la alerta hasta que llega al exchange y que puede ser de entre 1-15 segundos. Con este párametro se puede adelantar la alerta los segundos necesarios para que se active antes. De este modo se puede sincronizar con el exchange para que el tiempo de ejecución de la orden de entrada a la posición coincida con la de apertura de la barra. Los settings son para Bitcoin en Binance Futures (BTC:USDTPERP) en 30 minutos. Para otro pares y otras temporalidades se tienen que ajustar las opciones de nuevo. Además para dentro de un mes, los ajustes serán otros distintos ya que el mercado y la tendencia es cambiante.
Pine Script™ indicator
by UnknownUnicorn2151907
27
888 BOT #backtest█ 888 BOT #backtest This is an Expert Advisor 'EA' or Automated trading script for ‘longs’ and ‘shorts’, which uses only a Take Profit or, in the worst case, a Stop Loss to close the trade. It's a much improved version of the previous ‘Repanocha’. It doesn`t use 'Trailing Stop' or 'security()' functions (although using a security function doesn`t mean that the script repaints) and all signals are confirmed, therefore the script doesn`t repaint in alert mode and is accurate in backtest mode. Apart from the previous indicators, some more and other functions have been added for Stop-Loss, re-entry and leverage. It uses 8 indicators, (many of you already know what they are, but in case there is someone new), these are the following: 1. Jurik Moving Average It's a moving average created by Mark Jurik for professionals which eliminates the 'lag' or delay of the signal. It's better than other moving averages like EMA, DEMA, AMA or T3. There are two ways to decrease noise using JMA. Increasing the 'LENGTH' parameter will cause JMA to move more slowly and therefore reduce noise at the expense of adding 'lag' The 'JMA LENGTH', 'PHASE' and 'POWER' parameters offer a way to select the optimal balance between 'lag' and over boost. Green: Bullish, Red: Bearish. 2. Range filter Created by Donovan Wall, its function is to filter or eliminate noise and to better determine the price trend in the short term. First, a uniform average price range 'SAMPLING PERIOD' is calculated for the filter base and multiplied by a specific quantity 'RANGE MULTIPLIER'. The filter is then calculated by adjusting price movements that do not exceed the specified range. Finally, the target ranges are plotted to show the prices that will trigger the filter movement. Green: Bullish, Red: Bearish. 3. Average Directional Index (ADX Classic) and (ADX Masanakamura) It's an indicator designed by Welles Wilder to measure the strength and direction of the market trend. The price movement is strong when the ADX has a positive slope and is above a certain minimum level 'ADX THRESHOLD' and for a given period 'ADX LENGTH'. The green color of the bars indicates that the trend is bullish and that the ADX is above the level established by the threshold. The red color of the bars indicates that the trend is down and that the ADX is above the threshold level. The orange color of the bars indicates that the price is not strong and will surely lateralize. You can choose between the classic option and the one created by a certain 'Masanakamura'. The main difference between the two is that in the first it uses RMA () and in the second SMA () in its calculation. 4. Parabolic SAR This indicator, also created by Welles Wilder, places points that help define a trend. The Parabolic SAR can follow the price above or below, the peculiarity that it offers is that when the price touches the indicator, it jumps to the other side of the price (if the Parabolic SAR was below the price it jumps up and vice versa) to a distance predetermined by the indicator. At this time the indicator continues to follow the price, reducing the distance with each candle until it is finally touched again by the price and the process starts again. This procedure explains the name of the indicator: the Parabolic SAR follows the price generating a characteristic parabolic shape, when the price touches it, stops and turns (SAR is the acronym for 'stop and reverse'), giving rise to a new cycle. When the points are below the price, the trend is up, while the points above the price indicate a downward trend. 5. RSI with Volume This indicator was created by LazyBear from the popular RSI. The RSI is an oscillator-type indicator used in technical analysis and also created by Welles Wilder that shows the strength of the price by comparing individual movements up or down in successive closing prices. LazyBear added a volume parameter that makes it more accurate to the market movement. A good way to use RSI is by considering the 50 'RSI CENTER LINE' centerline. When the oscillator is above, the trend is bullish and when it is below, the trend is bearish. 6. Moving Average Convergence Divergence (MACD) and (MAC-Z) It was created by Gerald Appel. Subsequently, the histogram was added to anticipate the crossing of MA. Broadly speaking, we can say that the MACD is an oscillator consisting of two moving averages that rotate around the zero line. The MACD line is the difference between a short moving average 'MACD FAST MA LENGTH' and a long moving average 'MACD SLOW MA LENGTH'. It's an indicator that allows us to have a reference on the trend of the asset on which it is operating, thus generating market entry and exit signals. We can talk about a bull market when the MACD histogram is above the zero line, along with the signal line, while we are talking about a bear market when the MACD histogram is below the zero line. There is the option of using the MAC-Z indicator created by LazyBear, which according to its author is more effective, by using the parameter VWAP (volume weighted average price) 'Z-VWAP LENGTH' together with a standard deviation 'STDEV LENGTH' in its calculation. 7. Volume Condition Volume indicates the number of participants in this war between bulls and bears, the more volume the more likely the price will move in favor of the trend. A low trading volume indicates a lower number of participants and interest in the instrument in question. Low volumes may reveal weakness behind a price movement. With this condition, those signals whose volume is less than the volume SMA for a period 'SMA VOLUME LENGTH' multiplied by a factor 'VOLUME FACTOR' are filtered. In addition, it determines the leverage used, the more volume, the more participants, the more probability that the price will move in our favor, that is, we can use more leverage. The leverage in this script is determined by how many times the volume is above the SMA line. The maximum leverage is 8. 8. Bollinger Bands This indicator was created by John Bollinger and consists of three bands that are drawn superimposed on the price evolution graph. The central band is a moving average, normally a simple moving average calculated with 20 periods is used. ('BB LENGTH' Number of periods of the moving average) The upper band is calculated by adding the value of the simple moving average X times the standard deviation of the moving average. ('BB MULTIPLIER' Number of times the standard deviation of the moving average) The lower band is calculated by subtracting the simple moving average X times the standard deviation of the moving average. the band between the upper and lower bands contains, statistically, almost 90% of the possible price variations, which means that any movement of the price outside the bands has special relevance. In practical terms, Bollinger bands behave as if they were an elastic band so that, if the price touches them, it has a high probability of bouncing. Sometimes, after the entry order is filled, the price is returned to the opposite side. If price touch the Bollinger band in the same previous conditions, another order is filled in the same direction of the position to improve the average entry price, (% MINIMUM BETTER PRICE ': Minimum price for the re-entry to be executed and that is better than the price of the previous position in a given %) in this way we give the trade a chance that the Take Profit is executed before. The downside is that the position is doubled in size. 'ACTIVATE DIVIDE TP': Divide the size of the TP in half. More probability of the trade closing but less profit. █ STOP LOSS and RISK MANAGEMENT. A good risk management is what can make your equity go up or be liquidated. The % risk is the percentage of our capital that we are willing to lose by operation. This is recommended to be between 1-5%. % Risk: (% Stop Loss x % Equity per trade x Leverage) / 100 First the strategy is calculated with Stop Loss, then the risk per operation is determined and from there, the amount per operation is calculated and not vice versa. In this script you can use a normal Stop Loss or one according to the ATR. Also activate the option to trigger it earlier if the risk percentage is reached. '% RISK ALLOWED' 'STOP LOSS CONFIRMED': The Stop Loss is only activated if the closing of the previous bar is in the loss limit condition. It's useful to prevent the SL from triggering when they do a ‘pump’ to sweep Stops and then return the price to the previous state. █ BACKTEST The objective of the Backtest is to evaluate the effectiveness of our strategy. A good Backtest is determined by some parameters such as: - RECOVERY FACTOR: It consists of dividing the 'net profit' by the 'drawdown’. An excellent trading system has a recovery factor of 10 or more; that is, it generates 10 times more net profit than drawdown. - PROFIT FACTOR: The ‘Profit Factor’ is another popular measure of system performance. It's as simple as dividing what win trades earn by what loser trades lose. If the strategy is profitable then by definition the 'Profit Factor' is going to be greater than 1. Strategies that are not profitable produce profit factors less than one. A good system has a profit factor of 2 or more. The good thing about the ‘Profit Factor’ is that it tells us what we are going to earn for each dollar we lose. A profit factor of 2.5 tells us that for every dollar we lose operating we will earn 2.5. - SHARPE: (Return system - Return without risk) / Deviation of returns. When the variations of gains and losses are very high, the deviation is very high and that leads to a very poor ‘Sharpe’ ratio. If the operations are very close to the average (little deviation) the result is a fairly high 'Sharpe' ratio. If a strategy has a 'Sharpe' ratio greater than 1 it is a good strategy. If it has a 'Sharpe' ratio greater than 2, it is excellent. If it has a ‘Sharpe’ ratio less than 1 then we don't know if it is good or bad, we have to look at other parameters. - MATHEMATICAL EXPECTATION: (% winning trades X average profit) + (% losing trades X average loss). To earn money with a Trading system, it is not necessary to win all the operations, what is really important is the final result of the operation. A Trading system has to have positive mathematical expectation as is the case with this script: ME = (0.87 x 30.74$) - (0.13 x 56.16$) = (26.74 - 7.30) = 19.44$ > 0 The game of roulette, for example, has negative mathematical expectation for the player, it can have positive winning streaks, but in the long term, if you continue playing you will end up losing, and casinos know this very well. PARAMETERS 'BACKTEST DAYS': Number of days back of historical data for the calculation of the Backtest. 'ENTRY TYPE': For '% EQUITY' if you have $ 10,000 of capital and select 7.5%, for example, your entry would be $ 750 without leverage. If you select CONTRACTS for the 'BTCUSDT' pair, for example, it would be the amount in 'Bitcoins' and if you select 'CASH' it would be the amount in $ dollars. 'QUANTITY (LEVERAGE 1X)': The amount for an entry with X1 leverage according to the previous section. 'MAXIMUM LEVERAGE': It's the maximum allowed multiplier of the quantity entered in the previous section according to the volume condition. The settings are for Bitcoin at Binance Futures (BTC: USDTPERP) in 30 minutes. For other pairs and other timeframes, the settings have to be adjusted again. And within a month, the settings will be different because we all know the market and the trend are changing. █ 888 BOT (SPANISH) Este es un Expert Advisor 'EA' o script de trading automatizado para ‘longs’ y ‘shorts’, el cual, utiliza solo un Take Profit o, en el peor de los casos, un Stop Loss para cerrar el trade. Es una versión muy mejorada del anterior ‘Repanocha’. No utiliza ‘Trailing Stop’, ni funciones ‘security()’ (aunque usar una función security no significa que el script repinte) y todas las señales son confirmadas, por consiguiente, el script no repinta en modo alertas y es preciso en en el modo backtest. Aparte de los anteriores indicadores se han añadido algunos más y otras funciones para Stop-Loss, de re-entrada y apalancamiento. Utiliza 8 indicadores, (muchos ya sabéis sobradamente lo que son, pero por si hay alguien nuevo), son los siguientes: 1. Jurik Moving Average Es una media móvil creada por Mark Jurik para profesionales la cual elimina el ‘lag’ o retardo de la señal. Es mejor que otras medias móviles como la EMA, DEMA, AMA o T3. Hay dos formas de disminuir el ruido utilizando JMA. El aumento del parámetro 'LENGTH' hará que JMA se mueva más lentamente y, por lo tanto, reducirá el ruido a expensas de añadir ‘lag’ Los parámetros 'JMA LENGTH', 'PHASE' y 'POWER' ofrecen una forma de seleccionar el equilibrio óptimo entre ‘lag’ y sobre impulso. Verde : Alcista, Rojo: Bajista. 2. Range filter Creado por Donovan Wall, su función es la de filtrar o eliminar el ruido y poder determinar mejor la tendencia del precio a corto plazo. Primero, se calcula un rango de precio promedio uniforme 'SAMPLING PERIOD' para la base del filtro y se multiplica por una cantidad específica 'RANGE MULTIPLIER'. A continuación, el filtro se calcula ajustando los movimientos de precios que no exceden el rango especificado. Por último, los rangos objetivo se trazan para mostrar los precios que activarán el movimiento del filtro. Verde : Alcista, Rojo: Bajista. 3. Average Directional Index (ADX Classic) y (ADX Masanakamura) Es un indicador diseñado por Welles Wilder para medir la fuerza y dirección de la tendencia del mercado. El movimiento del precio tiene fuerza cuando el ADX tiene pendiente positiva y está por encima de cierto nivel mínimo 'ADX THRESHOLD' y para un periodo dado 'ADX LENGTH'. El color verde de las barras indica que la tendencia es alcista y que el ADX está por encima del nivel establecido por el threshold. El color Rojo de las barras indica que la tendencia es bajista y que el ADX está por encima del nivel de threshold. El color naranja de las barras indica que el precio no tiene fuerza y seguramente lateralizará. Se puede elegir entre la opción clásica y la creada por un tal 'Masanakamura'. La diferencia principal entre los dos es que en el primero utiliza RMA() y en el segundo SMA() en su cálculo. 4. Parabolic SAR Este indicador, creado también por Welles Wilder, coloca puntos que ayudan a definir una tendencia. El Parabolic SAR puede seguir al precio por encima o por debajo, la particularidad que ofrece es que cuando el precio toca al indicador, este salta al otro lado del precio (si el Parabolic SAR estaba por debajo del precio salta arriba y viceversa) a una distancia predeterminada por el indicador. En este momento el indicador vuelve a seguir al precio, reduciendo la distancia con cada vela hasta que finalmente es tocado otra vez por el precio y se vuelve a iniciar el proceso. Este procedimiento explica el nombre del indicador: el Parabolic SAR va siguiendo al precio generando una característica forma parabólica, cuando el precio lo toca, se para y da la vuelta (SAR son las siglas en inglés de ‘stop and reverse’), dando lugar a un nuevo ciclo. Cuando los puntos están por debajo del precio, la tendencia es alcista, mientras que los puntos por encima del precio indica una tendencia bajista. 5. RSI with Volume Este indicador lo creo un tal LazyBear de TV a partir del popular RSI. El RSI es un indicador tipo oscilador utilizado en análisis técnico y creado también por Welles Wilder que muestra la fuerza del precio mediante la comparación de los movimientos individuales al alza o a la baja de los sucesivos precios de cierre. LazyBear le añadió un parámetro de volumen que lo hace más preciso al movimiento del mercado. Una buena forma de usar el RSI es teniendo en cuenta la línea central de 50 'RSI CENTER LINE'. Cuando el oscilador está por encima, la tendencia es alcista y cuando está por debajo la tendencia es bajista. 6. Moving Average Convergence Divergence (MACD) y (MAC-Z) Fue creado por Gerald Appel. Posteriormente se añadió el histograma para anticipar el cruce de medias. A grandes rasgos podemos decir que el MACD es un oscilador consistente en dos medias móviles que van girando en torno a la línea de cero. La línea del MACD no es más que la diferencia entre una media móvil corta 'MACD FAST MA LENGTH' y una media móvil larga 'MACD SLOW MA LENGTH'. Es un indicador que nos permite tener una referencia sobre la tendencia del activo sobre el cual se está operando, generando de este modo señales de entrada y salida del mercado. Podemos hablar de mercado alcista cuando el histograma del MACD se sitúe por encima de la línea cero, junto con la línea de señal, mientras que hablaremos de mercado bajista cuando el histograma MACD se situará por debajo de la línea cero. Está la opción de utilizar el indicador MAC-Z creado por LazyBear que según su autor es más eficaz, por utilizar el parámetro VWAP (precio medio ponderado por volumen) 'Z-VWAP LENGTH' junto con una desviación standard 'STDEV LENGTH' en su cálculo. 7. Volume Condition El volumen indica el número de participantes en esta guerra entre toros y osos, cuanto más volumen más probabilidad de que se mueva el precio a favor de la tendencia. Un volumen bajo de negociación indica un menor número de participantes e interés por el instrumento en cuestión. Los bajos volúmenes pueden revelar debilidad detrás de un movimiento de precios. Con esta condición se filtran aquellas señales cuyo volumen es inferior a la SMA de volumen para un periodo 'SMA VOLUME LENGTH' multiplicado por un factor 'VOLUME FACTOR'. Además, determina el apalancamiento utilizado, a más volumen, más participantes, más probabilidad de que se mueva el precio a nuestro favor, es decir, podemos utilizar más apalancamiento. El apalancamiento en este script lo determina las veces que está el volumen por encima de la línea de la SMA. El apalancamiento máximo es de 8. 8. Bollinger Bands Este indicador fue creado por John Bollinger y consiste en tres bandas que se dibujan superpuestas al gráfico de evolución del precio. La banda central es una media móvil, normalmente se emplea una media móvil simple calculada con 20 períodos. ('BB LENGTH' Número de periodos de la media móvil) La banda superior se calcula sumando al valor de la media móvil simple X veces la desviación típica de la media móvil. ('BB MULTIPLIER' Número de veces la desviación típica de la media móvil) La banda inferior de calcula restando a la media móvil simple X veces la desviación típica de la media móvil. la franja comprendida entre las bandas superior e inferior contiene, estadísticamente, casi un 90% de las posibles variaciones del precio, lo que significa que cualquier movimiento del precio fuera de las bandas tiene especial relevancia. En términos prácticos, las bandas de Bollinger se comporta como si de una banda elástica se tratara de manera que, si el precio las toca, éste tiene mucha probabilidad de rebotar. En ocasiones, después de rellenarse la orden de entrada, el precio se devuelve hacia el lado contrario. Si toca la banda de Bollinger se rellena otra orden en la misma dirección de la posición para mejorar el precio medio de entrada, (% MINIMUM BETTER PRICE': Precio mínimo para que se ejecute la re-entrada y que sea mejor que el precio de la posición anterior en un % dado) de esta manera damos una oportunidad al trade de que el Take Profit se ejecute antes. La desventaja es que se dobla el tamaño de la posición. 'ACTIVATE DIVIDE TP': Divide el tamaño del TP a la mitad. Más probabilidad de que se cierre el trade pero menos ganancias. █ STOP LOSS y RISK MANAGEMENT. Una buena gestión de las pérdidas o gestión del riesgo es lo que puede hacer que tu cuenta suba o se liquide en poco tiempo. El % de riesgo es el porcentaje de nuestro capital que estamos dispuestos a perder por operación. Este se aconseja que debe estar comprendido entre un 1-5%. % Risk = (% Stop Loss x % Equity per trade x Leverage) / 100 Primero se calcula la estrategia con Stop Loss, después se determina el riesgo por operación y a partir de ahí se calcula el monto por operación y no al revés. En este script puedes usar un Stop Loss normal o uno según el ATR. También activar la opción de que salte antes si se alcanza el porcentaje de riesgo. '% RISK ALLOWED' 'STOP LOSS CONFIRMED': Solamente se activa el Stop Loss si el cierre de la barra anterior se encuentra en la condición de límite de pérdidas. Es útil para evitar que se dispare el SL cuando hacen un ‘pump’ para barrer Stops y luego se devuelve el precio a la normalidad. █ BACKTEST El objetivo del Backtest es evaluar la eficacia de nuestra estrategia. Un buen Backtest lo determinan algunos parámetros como son: - RECOVERY FACTOR: Consiste en dividir el ‘beneficio neto’ entre el ‘drawdown’. Un excelente sistema de trading tiene un recovery factor de 10 o más; es decir, genera 10 veces más beneficio neto que drawdown. - PROFIT FACTOR: El ‘Profit Factor’ es otra medida popular del rendimiento de un sistema. Es algo tan simple como dividir lo que ganan las operaciones con ganancias entre lo que pierden las operaciones con pérdidas. Si la estrategia es rentable entonces por definición el ‘Profit Factor’ va a ser mayor que 1. Las estrategias que no son rentables producen factores de beneficio menores que uno. Un buen sistema tiene un profit factor de 2 o más. Lo bueno del ‘Profit Factor’ es que nos dice lo que vamos a ganar por cada dolar que perdemos. Un profit factor de 2.5 nos dice que por cada dolar que perdamos operando vamos a ganar 2.5. - SHARPE: (Retorno sistema – Retorno sin riesgo) / Desviación de los retornos. Cuando las variaciones de ganancias y pérdidas son muy altas, la desviación es muy elevada y eso conlleva un ratio de ‘Sharpe’ muy pobre. Si las operaciones están muy cerca de la media (poca desviación) el resultado es un ratio de ‘Sharpe’ bastante elevado. Si una estrategia tiene un ratio de ‘Sharpe’ mayor que 1 es una buena estrategia. Si tiene un ratio de ‘Sharpe’ mayor que 2, es excelente. Si tiene un ratio de ‘Sharpe’ menor que 1 entonces no sabemos si es buena o mala, hay que mirar otros parámetros. - MATHEMATICAL EXPECTATION:(% operaciones ganadoras X ganancia media) + (% operaciones perdedoras X pérdida media). Para ganar dinero con un sistema de Trading, no es necesario ganar todas las operaciones, lo verdaderamente importante es el resultado final de la operativa. Un sistema de Trading tiene que tener esperanza matemática positiva como es el caso de este script. El juego de la ruleta, por ejemplo, tiene esperanza matemática negativa para el jugador, puede tener rachas positivas de ganancias, pero a la larga, si se sigue jugando se acabará perdiendo, y esto los casinos lo saben muy bien. PARAMETROS 'BACKTEST DAYS': Número de días atrás de datos históricos para el calculo del Backtest. 'ENTRY TYPE': Para % EQUITY si tienes 10000$ de capital y seleccionas 7.5% tu entrada sería de 750$ sin apalancamiento. Si seleccionas CONTRACTS para el par BTCUSDT sería la cantidad en Bitcoins y si seleccionas CASH sería la cantidad en dólares. 'QUANTITY (LEVERAGE 1X)': La cantidad para una entrada con apalancamiento X! según el apartado anterior. 'MAXIMUM LEVERAGE': Es el máximo multiplicador permitido de la cantidad introducida en el apartado anterior según la condición de volumen. Los settings son para Bitcoin en Binance Futures (BTC:USDTPERP) en 30 minutos. Para otro pares y otras temporalidades se tienen que ajustar las opciones de nuevo. Además para dentro de un mes, los ajustes serán otros distintos ya que el mercado y la tendencia es cambiante.
Pine Script™ strategy
by UnknownUnicorn2151907
12
PSAR-risk strategyThis indicator is a tool to know at all times at what price to close a trade, using entry and exit SAR values as hard limits, to protect profits or to not risk more than expected. Parameters: Source: a PSAR source with calibrated parameters to use as entry and hard exit. Be it the TradingView's official one or TradingView's legacy SAR ported by me (Legacy PSAR). Commission: broker/exchange commission to account for when executing buy/sell orders. Risk: a statistically determined risk of how much loss to tolerate with the current SAR parameters. This doesn't account for commission, it's just a raw loss below entry price. A stop-limit sale is suggested at this price. Milestone #: when reaching a certain percentage above entry, what is the new exit criteria (M# exit). Each milestone must be of a higher value than the previous one, in order to be considered. M# exit: negative values don't account for commission and are raw losses below entry price. Values greater than or equal to zero represent the percentage of the peak profit, with commission accounted for, to sell at. A value of zero means recouping the original investement. Alerts: Entry condition: SAR-signaled entry. Market price entry or a pre-programmed stop-loss buy at the previous SAR value is suggested. Soft exit condition: this tool's exit. Limit price exit at this tool's current value or a pre-programmed stop-limit sale at the latest available value is suggested. Hard exit condition: SAR-signaled exit. Market price exit or a pre-programmed stop-loss sale at the previous SAR value is suggested Case study Let's assume a commission of 0.1%, a studied risk of -5% with the current SAR parameters (you have observed that most good entries don't need to come near 5% down before starting an upside swing), only one programmed milestone at 3% securing a profit of 25% of the peak profit reached. Let's say that we have an entry executed at $100 with the current SAR value 3% below the current candle. Since -3% > -5% programmed risk, the exit will be marked at the SAR value. If in that candle or in a future one, we reach $103 (3% milestone met) the current peak profit is ~2.8% (($103/$100) * (1 - 0.001)^2) so an exit will be marked at 25% of 2.8%, meaning 0.7% or an exit price of $100.9, if that's higher than the current SAR. The greater value between the current SAR or this indicator calculated value is the current exit price.
Pine Script™ indicator
by a_maxwell
Cradle zone with BBand & SARHi All, I have combined a number of indicators all into this 1 option. It has the following: > The Cradle zone represents a methodology to using the 10 and 20 EMA's at your selected time-frame. Where the shading between the 10 and 20 EMA is green for an uptrend and red for a downtrend. Default EMAs 10, 12, 20, and 50 > Those who are familiar using the Cradle method will find this option convenient. > I have also added the Bollinger Band and Parabolic SAR as additional options to this item, to help give additional information by default. Good luck with your trading strategy. Please don't forget to give me a tick\like, as I would appreciate it. Regards, S.Sari /CryptoProspa
Pine Script™ indicator
by ssari
3
Grover Llorens Activator [alexgrover & Lucía Llorens] Trailing stops play a key role in technical analysis and are extremely popular trend following indicators. Their main strength lie in their ability to minimize whipsaws while conserving a decent reactivity, the most popular ones include the Supertrend, Parabolic SAR and Gann Hilo activator. However, and like many indicators, most trailing stops assume an infinitely long trend, which penalize their ability to provide early exit points, this isn't the case of the parabolic SAR who take this into account and thus converge toward the price at an increasing speed the longer a trend last. Today a similar indicator is proposed. From an original idea of alexgrover & Lucía Llorens who wanted to revisit the classic parabolic SAR indicator, the Llorens activator aim to converge toward the price the longer a trend persist, thus allowing for potential early and accurate exit points. The code make use of the idea behind the price curve channel that you can find here : I tried to make the code as concise as possible. The Indicator The indicator posses 2 user settings, length and mult , length control the rate of convergence of the indicator, with higher values of length making the indicator output converge more slowly toward the price. Mult is also related with the rate of convergence, basically once the price cross the trailing stop its value will become equal to the previous trailing stop value plus/minus mult*atr depending on the previous trailing stop value, therefore higher values of mult will require more time for the trailing stop to reach the closing price, use higher values of mult if you want to avoid potential whipsaws. Above the indicator with slow convergence time (high length) and low mult. Points with early exit points are highlighted. Usage For Oscillators The difference between the closing price and an overlay indicator can provide an oscillator with characteristics depending on the indicators used for differencing, Lucía Llorens stated that we should find indicators for differencing that highlight the cycles in the price, in other terms : Price - Signal , where we want to find Signal such that we maximize the visibility of the cycles, it can be demonstrated that in the case where the closing price is an additive model : Trend + Cycles + Noise , the zero lag estimation of the Trend component can allow for the conservation of the cycle and noise component, that is : Price - Estimate(Trend) , for example the difference between the price and moving average isn't optimal because of the moving average lag, instead the use of zero lag moving averages is more suitable, however the proposed indicator allow for a surprisingly good representation of the cycles when using differencing. The normalization of this oscillator (via the RSI) allow to make the peak amplitude of the cycles more constant. Note however that such method can return an output with a sign inverse to the one of the original cycle component. Conclusion We proposed an indicator which share the logic of the SAR indicator, that is using convergence toward the price in order to provide early exit points detection. We have seen that this indicator can be used to highlight cycles when used for differencing and i don't exclude publishing more indicators based on this method. Lucía Llorens has been a great person to work with, and provided enormous feedback and support while i was coding the indicator, this is why i include her in the indicator name as well as copyright notice. I hope we can make more indicators togethers in the future. (altho i was against using buy/sells labels xD !) Thanks for reading !
Pine Script™ indicator
by alexgrover
42
$ SuPeR-RePaNoCHa $ [Alerts]Script for automatic trading (Alerts). This is the second part of the previous RePanoCHa script but with Take Profit. It Use 6 indicators + volume: -JURIK MOVING AVERAGE -RANGE FILTER (DONOVAN WALL) -ADX (ORIGINAL VERSION) -PARABOLIC SAR -RSI + VOLUME WEIGHTED (LAZYBEAR) -MACD -VOLUME To close the position you can choose between Take Profit only, Trailing Stop only or both at the same time. Example of bot syntax: (alerts once per bar) LONG | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=order | delay=1 | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position b=short t=market ro=1 | delay=1 | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT b=long q=100% t=market | delay=1 | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position b=long p=0.7% q=50% t=post ro=1 SHORT | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=order | delay=1 | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position b=long t=market ro=1 | delay=1 | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT b=short q=100% t=market | delay=1 | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position b=short p=-0.7% q=50% t=post ro=1 LONG TP | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position q=50% t=market ro=1 (if you set the TP from entry this alert is not necessary) SHORT TP | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position q=50% t=market ro=1 (if you set the TP from entry this alert is not necessary) LONG TS | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position q=10% t=market // (alerts once per minute) SHORT TS | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position q=10% t=market // (alerts once per minute) XLONG/STOP-LOSS | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=order | delay=1 | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position b=long t=market ro=1 XSHORT/STOP-LOSS | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=order | delay=1 | e=BINANCEFUTURES a=ACCOUNT s=BTCUSDT c=position b=short t=market ro=1
Pine Script™ indicator
by UnknownUnicorn2151907
12
EMASARPLEASE READ THE FULL DESCRIPTION BEFORE BUYING OR USING THIS INDICATOR EMASAR (pronounced Emma-sar) is a strategy based on Exponential Moving Averages and the Parabolic SAR . This is a position trading approach that is derived from Tyler Jenks’ Consensio. This strategy was developed with four objectives in mind: (1) managing risk (2) protecting from missing out on major moves (3) maximizing risk:reward (4) staying in a trending market and taking profit before it fully reverses. EMASAR does a great job at accomplishing all of the above through the buy and sell signals that are generated. The data provided below is from the signals that occurred on Bitcoin (Bitstamp) from January 1, 2015 to present (November 11, 2019). (1) Risk is tightly managed, relative to the winners, and losing positions will be exited before the market moves too far against. The biggest losing trade on Bitcoin, for the time period outlined above, is -18.47%. (2) Following the EMASAR buy and sell signals guarantees that one will not miss out on a major trend. As a result of the indicators used for this system it is mathematically impossible for a major trend to occur without providing a buy or sell signal. This system isn't meant to catch exact tops or bottoms but it will do a great job of capturing ~85% of a trend. (3) On average the winning trades will be 5.55 times the losing trades. There will be stretches where the losers are bigger than the winners and this could last for many months, maybe even a year. However, over the long run the average reward is expected to be 5.55 times the average risk*. *Past performance does not guarantee future results! (4) This indicator was designed to capitalize on parabolic markets, specifically Bitcoin and alt coins. Crypto markets have a tendency to get moving so fast that many indicators become all but useless. Entries can get signaled too late and exits will get signaled way too early. This is specifically true when using oscillators that are designed to identify overbought or oversold environments. EMASAR does a great job of keeping us in a position for the duration of a trend and this includes the major parabolic runs that Bitcoin has a tendency to go on. Take a look at the two charts below which illustrates the buy and sell signals that occurred at the beginning and end of the 2017 and 2019 parabolic moves. Green = Buy | Blue = Exit | Red = Short Long signaled at $4,190.27 on September 29th, 2017 Exit signaled at $13,647 on January 14th, 2018 Short signaled at $12,050 on January 16th, 2018 Close Short signaled at $3,684 on February 18th, 2019 Long signaled at $3,684 on February 18th, 2019 Exit signaled at $9,614 on July 16th, 2019 Short signaled at $10,328 on July 22nd, 2019 When Bitcoin, or other alts, really get moving it can be very difficult to distinguish between a correction and a full reversal. We do not want to be exiting during a minor correction, instead this is a time when we want to be holding on or looking to buy the dip. This is a very fragile balance. The market has a very strong tendency to make corrections looks like reversals and to make reversals look like corrections. Therefore it is very important to have a tool(s) that you trust to distinguish in between the two. I believe that EMASAR is the best way to find that balance - if I knew of a better way then I would be using it instead! Following these signals will help us to hold onto positions while the market is still trending in our favor when most think that it has moved too far / too fast, and it will also get us out before a market fully reverses. Keep in mind that there will be times when we exit a market that is in danger of reversing, only to buy back higher later on. That is okay because it enables us to properly manage risk during times of uncertainty and buying back in at a higher price is more than worth the opportunity cost. Lets look at the signals above in chronological order: 1) Close Long: $2,274 2) Open Short: $2,347 3) Exit Short: $2,934 4) Open Long: $2,766 5) Close Long: $3,124 6) Enter Long: $4,190 A long was closed at $2,274 after Signal #1 and was re-entered after Signal #4 at $2,766. Additionally a long was closed at $3,124 after Signal #5 and was re-entered on the following signal at $4,190. These are examples of some of the bad signals that will occur. Something to pay attention to is the ratio of the risk to the reward. When the market turns against us EMASAR will quickly signal an exit or a re entry. EMASAR also works great in traditional markets. The S&P 500 has been on a tear lately after creating new all time highs in October of 2019. It has resumed it's strong bull trend and therefore it is a great market to have long exposure to. That being said we are well overdue for a correction and most people, including myself, expect the next bear market to be much more severe than the last two. Therefore I would not want to have long exposure unless equipped with a very reliable method for taking profit before it fully reverses. Let's take a look at the S&P 500 weekly EMASAR signals using the preferred settings outlined below: In August of 1990 EMASAR signaled a 'Close Long' at $308. At that time the market was in danger of fully reversing. When that didn't happen EMASAR gave a signal to re enter at $369 which resulted in losing 19.8% in opportunity cost. That is quite okay because it would have allowed us to properly protect ourselves in the event that the market proceeded to crash. Instead we entered a massive bull market that culminated in the dot com bubble. Notice how EMASAR kept us in for the entire duration of that bull run and then signaled an exit very close to the top at $1,294. It got us back in by the end of 2004 after the market had bottomed. Yet again it kept us in for the following multi year bull market before signaling an exit very close to the top at $1,270. The action that followed in 2016 looks very similar to what happened in 1990 - 1991. An exit was signaled when the market was in danger of fully reversing. When that didn't happen a re entry was signaled 14% higher. Now the market appears to be taking off in another parabolic advance. There is no way to know how far this next run will go or how long it will last. Nevertheless I feel highly confident that I will be able to hold on for the majority of the trend and then get fully out before it reverses thanks to the signals provided by EMASAR. When looking at the signals on Gold we will notice striking similarities to the signals in the S&P 500 as well as Bitcoin. Notice how an entry was signaled very close to the bottom at $323 in June of 2002. An exit was also signaled very close to the top at $1,441 in April of 2013. Throughout that runup there was one bad signal that cost some opportunity. It's very important to understand that missing out on opportunity is well worth the price because it allows us to effectively manage risk. EMASAR also recently provided a long signal at $1,401 which preceded this recent runup. Settings Default settings work best for crypto, however the time multiplier should be adjusted for markets that are not open 24/7. For commodities and FOREX my default is 40 and for stocks I use 24. The Moving Averages can be adjusted as well. The period can be changed and you can also select SMA or EMA. I always use the EMA's and strongly prefer the 50 and 200. We have noticed good results with the 9 and 54 EMA's as well. The shorter the period that the Moving Average is set to the more frequent the signals will be. This will generally improve risk:reward while decreasing strike rate. For crypto the best time frames are the 4h and 6h. For traditional markets the best time frames are the Daily, 3D and Weekly. EMASAR can be used on smaller time frames as well, specifically in crypto. The 15m and 1h have shown good results. Risks The biggest risks with trading EMASAR revolve around disobeying the signals. Risk management is built into this system with the exit signals that will occur, however it is up to the individual to execute those signals. Passing on an exit signal could lead to a big loss which would have a dramatic impact on the ROI. Most trading systems will have small and medium losses with small, medium and large wins. That is exactly how this works. The small - medium losses and wins will mostly be a wash and will account for roughly 80% of the trades. The large wins will happen about 20% of the time and will make up 80% - 90% of the profits. Therefore the two biggest risks are passing on signals entirely, or exiting preemptively. Getting chopped in and out of a market can be quite frustrating. If you become overwhelmed with negative emotions then it could cause you to pass up on the next signal. That signal will often be the one that more than makes up for the small - medium losses that preceded. On average EMASAR will provide one signal every 6 weeks when using the default settings on the 4h chart. Therefore missing one entry could turn an otherwise profitable year into a loser. If electing to trade a system, whether it is EMASAR or another, it is crucial to commit to taking every signal regardless of outside variables (namely your personal bias about market direction or frustration that follows a losing stretch). Another major risk with this system is taking too much profit too soon. When getting into a trade that has the potential to be a big winner it can be challenging to continue holding through the swings. Anyone that has watched paper profits vanish will be inclined to start exiting after the market makes a big move in his or her favor. While this is better than watching profits completely evaporate, this mistake can be enough to turn a profitable system into one that loses to the market. If 80% - 90% of our profits come from 10% - 20% of our trades then it is vital we do not cut those positions off at the knees. If taking too much profit too soon then you will consistently turn potential large winners into medium winners. This may lead to making money over the long run which will make it very difficult to realize that anything is wrong. However making money and beating the market are two very different things. Exiting early and making money is nearly as big of a risk as missing entries entirely. If you have the discipline to execute signals in a timely manner after they are triggered and the emotional control to let the winners run despite the appearance of a vastly overbought / oversold market, then you should have what it takes to beat the market with EMASAR. If you are not an experienced trader then it is very important to start out small. The only way to learn is to trade in a live environment and the only way to succeed is to risk much less than you can afford to lose. If you have $2,000 to trade with then start with a maximum position size of $20 - $50 and don’t be shy about scaling that down even further. Focus on ROI instead of actual dollars made. If you can return 100% on a $20 roll then you should be able to do the same with a $2,000 roll. Important Notes Make sure that you read / understand the risks outlined above. If you jump into this without understanding the unique risks that this system entails then you are going to have a bad time. This indicator was developed around the 4h and that is where it works best. For crypto adjusting to higher TF’s will cause for bad results as the entries / exits will be late to the party. For traditional markets the Daily - Weekly time frames are preferred. It was not originally intended for smaller TF's but we have seen some good results on the 15m and 1h. The RSI can be a great compliment when using on smaller TF's. Adding a rule for not entering when RSI > 75 or < 25 and instead entering when RSI retests 50 will help to avoid some bad signals. Alerts can be set for this indicator. Simply make sure that it is visible on the chart, then click the alert icon on the top panel. In the first dropdown set 'Condition' to 'EMASAR' and the second 'Condition' for the upcoming signal. For example if just entered long then set the second condition to 'Close Long' and you will be notified as soon as that signal occurs. If waiting for the next long entry then set the second condition to 'Open Long' so on and so forth. There is an 'All in One' alert that is also available. If you select that then you will be alerted any time that a signal occurs. The message will tell you to check the chart to see which signal caused the alert. How to Buy The EMASAR Indicator is available for purchase on my website. The link can be found in my signature or in the tagline of my Trading View profile. The price is $500 per year which is only payable in Bitcoin. That also includes access to a private Telegram group.
Pine Script™ indicator
by Sawcruhteez
11
Bundle of various indicators, All-in-oneThis scripts compiles many indicators into one. It comes from many sources and i added all sources i used. If i forgot one, don't hesitate to message me. This is useful if you need to setup your chart layout fast. The menu makes it easy to configure it. You can configure and display: - Various types of moving averages: RMA, SMA , EMA , WMA , VWMA , SMMA , HullMA, LSMA , DEMA , TEMA - Stochastic RSI crosses from multi-timeframes directly on candle's close (1h, 4h, D, W) - Bollinger bands with primary and secondary deviation - SAR - Color background using difference between Stochastic RSI K and D - Support and resistance - Open high low close from higher timeframes (D, W, M) - Auto fibonacci levels (still a work in progress, i will add logarithmic fibonacci levels too later) - "Alt season" for crypto users: if BTC dominance cross his SMA , display a pictogram on every chart Stil working on: - Auto fibonacci levels: i will add logarithmic fibonacci levels - Stochastic crosses - Alt season: use others types of moving averages If you have any suggestions / improvements, feel free to message me or write it in the comments below.
Pine Script™ indicator
by flo5k5
2
Moving Averages (21, 55, 200) with Parabolic SAR and Support/ ReA Simple indicator combining 3 of the most popular simple moving averages; (21,55, 200) with a tweaked Parabolic SAR as well as recent support & resistance points. Developed to help see key areas of interest on COINBASE:BTCUSD quickly without needing to draw many manual trendlines in order to trade breakouts or bounces at key levels. But should be useful for any market. This indicator is best used in combination with oscillators such as the MacD or RSI and also volume.
Pine Script™ indicator
by kaaiii
3
Peterbolic SARThe Peterbolic SAR indicator is based on Peter Brandt's 3 Day Trailing Stop Rule. The yellow triangles indicate setup candles, and the green and red triangles represent trigger candles to buy and sell, respectively. Sawcruhteez asked me to create the code for this SAR. Gabriel Harber came up with the name for the SAR. Peter Brandt gave his permission to use his name. For more information, see Sawcruhteez Streamz: Live Coaching Sessionz with Gabriel Harber - Trading Peterbolic SAR and Peter Brandt's original description of the 3DTSR
Pine Script™ indicator
by casey_bowman
65