As the name suggests, this is a backtesting framework made to offer full backtesting functionality to any custom indicator in a visually descriptive way. Any trade taken will be very clear to visualize on the chart and the equity line will be updated live allowing us to use the REPLAY feature to view the strategy performing in real time. Stops and Targets will...
Interest Rate Trading: How Interest Rates Can Guide Your Next Move. How were interest rate decisions added? All interest rate decision dates were manually retrieved from the 'Record of Policy Actions' and 'Minutes of Actions' on the Federal Reserve's website due to inconsistent dates from other sources. These were manually added as Pine Script currently only...
The "Filtered MACD with Backtest " indicator is an advanced trading tool designed for the TradingView platform. It combines the Moving Average Convergence Divergence (MACD) with additional filters such as Moving Average (MA) and Average Directional Index (ADX) to enhance trading signals. This indicator aims to provide more reliable entry and exit points by...
It is Backtest Calculator For Essential and Plus plan holders, the length of available intraday data is calculated as follows: from now to 6 weeks back multiplied by timeframe(in minutes), i.e. you can go 6 weeks back on the 1-minute chart, 12 weeks back on the 2-minute chart, 30 weeks back on the 5-minute chart, 90 weeks back on the 15-minute chart and so on. The...
— Overview Like traditional candles, session based candles are a visualization of open, high, low and close values, but based on session time periods instead of typical timeframes such as daily or weekly. Session candles are formed by fetching price at session start (open), highest price during session (high), lowest price during session (low) and price at...
This script is an aggregate of a backtesting panel with quantitative metrics, ROI table and open ROI reader. It also contains a mechanism for having a fixed percentage stop loss, similar to native TV backtester. For shorts only. Backtesting Panel: - Certain metrics are color coded, with green being good performance, orange being neutral, red being undesirable. •...
This script is an aggregate of a backtesting panel with quantitative metrics, ROI table and open ROI reader. It also contains a mechanism for having a fixed percentage stop loss, similar to native TV backtester. For longs only. Backtesting Panel: - Certain metrics are color coded, with green being good performance, orange being neutral, red being undesirable. •...
Regression Candles by ugurvu Regression Channel by Tradingview All Candlestick Patterns By Tradingview This script was combined for a friend of mine who needed this. This Script has regression candles by ugurvu, Regression channel and Candlestick patterns by tradingview. The intention was to fuse these together so more information can be processed on the cost of...
Hello Traders! This is the source code for a simple EMA Cross indicator that can be chained to other indicators or another instance of itself as a filter. The code is fully commented to guide you in building your own chain of indicators based on your ideas and trading plans. All the best, Val - Protervus Trading
█ Overview Breakout Probability is a valuable indicator that calculates the probability of a new high or low and displays it as a level with its percentage. The probability of a new high and low is backtested, and the results are shown in a table— a simple way to understand the next candle's likelihood of a new high or low. In addition, the indicator displays...
For anyone interested, Here is an example of how to put backtesting results into an Indicator. This calculates the same values as you find in the Summary Screen of the built in Strategy backtester. This will use the same result size as the standard backtester i.e. 5 minute chart grabs roughly 1 month of data, 1 minute chart grabs 1 week of data, etc... I tried...
This script is an utility tool for manual backtesting. The main problem in backtesting a discretionary strategy is the bias of knowing the future result of the market, in this way all the market will be crushed into a flat line, this way you can avoid bias. The way to use this indicator is easy and made by 4 step: Step 1 : add to an asset you won't backtest and...
This is a script that generates a SELL signal by combining RSI and Stochastic RSI into the same script and that can easily be integrated into an external Backtester like the one I published. The script uses default values for RSI and Stochastic RSI overbought conditions. They should be adjusted for specific assets and timeframes so they better match the current...
This is a script that generates a BUY signal by combining RSI and Stochastic RSI into the same script and that can easily be integrated into an external Backtester like the one I published. The script uses default values for RSI and Stochastic RSI oversold conditions. They should be adjusted for specific assets and timeframes so they better match the current...
This bypass indicator triggers plots 1 when the price is above the QFL base. This can be used as a "bypass" by a consumer indicator that can skip trades when the bypass is triggering. You can use it for long and short strategies, to prevent using buy or sell signals in areas were the price is either overextended. QFL works better in 1, 2 or 4 hours timeframes.
This version of the Inverse Fisher Transform on RSI comes with support for 1) Backtesting with Gavin's backtest script 2) Bypass, you can use another indicator to pause buy signals from this indicator. Just create another indicator that plots "1" whenever you want to activate the bypass on the IFTRSI signal. 3) Independent buy and sell level thresholds. Some...
This script allows you to backtest Trading View's "Technical Ratings" (Buy, Strong buy, Sell, Strong Sell) using Gavin's backtest script. To use it add the backtest script to the chart together with this script and then from the back test settings connect the external indicator. You should select "TV Signal" as the source. Backtesting works best on the 5m chart,...
This indicator provides back-tested signals and alerts from multiple technical indicators. No more guessing whether or not you should trust an indicator. See your indicators' past performance at a glance. No more false alarms. Disable re-painting of signals. When multiple indicators overlap, a Confluence indicator will print (large triangle). With your...