MTF - Box Trading StrategyMultiTime Frame - Box Trading Strategies (MTF-BT))
How does it work ? The code uses dynamic levels and crossovers on higher time frames to identify trade calls.
Model 1 (Default) Uses a low risk model and Model 2 (Optional) Uses an aggressive model
How to Deploy / Use
As part of the Indicator there are a few choices the user can opt for
Box Resolution - The resolution of the higher time frame for analysis , typically set at 90 , can be customized by the users.
Use Long Strategy 1 - This would add long trades based on Model1 Algorithm for the users
Use Short Strategy 1 - This would add short trades based on Model1 Algorithm for the users
Use Long Strategy 2 - This would add long trades based on Model2 Algorithm for the users
Use Short Strategy 2 - This would add short trades based on Model2 Algorithm for the users
Check Range Val Validate the width of the channel on higher timeframe and trade only when the channel is wider than the value provided ,
The value of 0.14 is determined using series of back test across various assets
Use Stop Loss : Flag to check if Stop Loss should be done by the strategy
Stop Loss Limit : Stop Loss in Absolute terms
Use Profit Booking : Flag to check if Profit Booking should be done by the strategy
Stop Loss Limit : Profit Target in Absolute terms
Do Intraday Exit :Flag to check if trade should be taken as an Intraday only
Exit Window : Session time during which the trade should be closed , like 15:00 - 15:30 for NSE , 22:30 - 23:00 for MCX etc ,
it should be wide enough to accommodate the resolution the use has on the screen
Visual Checks - The user could manually validate the back test results on various assets they would like to use this strategy on before putting it live.
Usage/Markets : Index Trading / Equities and also well with Commodities and Currencies
Time Frame : works well between 3 and 30 , keep the Box resolution to at least 45 for 3/5 mins TF and you could move upto 180 (3 hrs ) for a 30 mins TF.
Strategy Settings Used/Assumed : All of this values are provided in the Properties Tab of the Indicator Settings
and the users can customize it to suit the broker or the product they are charting it against
Initial Capital : 100 000
Order Size : 10 Quantities for Equities , you may change it to 1 lot for Future contracts based on capital deployed
Commission : is set at 0.05%
Slippage : 20 ticks
Recalculate Option : After the Order is filled is selected by default
Disclaimer : There could be scenarios when the breakout/breakdown candle is rejected , especially when it is long one
so it is always recommended to have a confirmation candle that open-closes above the breakout candle / open-closes below the breakdown candle
If you like it and find it useful or if you find a defect or bug , Please let us know in the comments .. that would encouraging !! for us to develop it further
Thank you and have a beautiful and Profitable trading session !
How to get access
Please click on the link / email in the signature or send me a private message to get access
Feedback
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Breakout
London breakout GBPUSD daytradeHello,
First I want to WARN THAT YOU NEED A MINIMUM OF 30X LEVERAGE FOR THIS STRATEGY IN ORDER TO WORK.
THE REASON IS THAT THE SIZE IS CALCULATED BASED ON A VERY SHORT STOP LOSS LEVEL IN PIPS
UTILIZE IT AT YOUR OWN RISK
This is a daytrading strategy, that's suited for GBPUSD 1H timechart.
It a very simple strategy that utilizes 2 moving averages : a very fast one and a very slow one.
It will always enter only at the beginning candle of London session, and it will always exit at the candle at the finish of London session.
So the rules are simple :
If its 8 am GMT and the candle close or high cross the slow moving average and we are above at the same over the slow moving average we make a long movement. The oposite condition is applied for short.
At the same time we always use a very small stop loss = 50-100 points ( 5-10 pips).
We dont have a take profit, in our case the trade ends always at the end of London session. In this case at 15h GMT
It might work on other currencies aswell, but it has to be tested first.
For any questions or suggestions, please let me know.
Soldiers Pattern ModifiedThis can be perceived as modified 3 soldiers, relaxed NR4 or even extended harami candlestick pattern.
Works for any instrument and any timeframe.
The idea is to find out any number of candles having their individual highs and lows, all within high and low range of base candle.
The count of soldiers and if they must be of same color, both can be configured.
Additional configurable settings is to add further check of having body of soldiers as well within body of base candle.
Trading strategy: Trade high or low breakout of base candle, having other as stop loss, for a risk reward ratio of 1:2.
2 Candles Inside ATR2 agitated candles falling inside ATR range, awaiting possibly a big move.
Buy / Sell signals at combined high / low can be used as order with other as stop loss.
Counter trade, when this minimal stop loss is hit, is also as useful. However, wait till the SL candle closes, before opening position on the other side.
Works quite well on 15 mins chart, with settings of ATR duration 25 and multiplier 0.6. These settings are configurable, so feel free.
BANKNIFTY - PRICE ACTION TRADING SYSTEM (BackTestable + Alerts)This study is based on several Price Action parameters of :-
• Candle Pattern,
• Supply Demands,
• Support and Resistance ,
• Breakouts.
► How To Use This Study ?
• Suitable Trade Session for this study 10:15 AM to 02:30 PM ( UTC +05:30)
• Buy Whenever a Up Arrow Appears on Chart with text "TYPE: LE".
• Sell Whenever a Down Arrow Appears on Chart with text "TYPE: SE".
• Exit Buy Whenever a Down Arrow Appears with text "TYPE: LX" After A Buy call and Exit Sell Whenever a up Arrow Appears with text "TYPE: SX" After A Sell Call.
• Take Only 1 trade Per Trading Session.
Backtest Values Used:-
Initial Capital : 1000000
Order Size (Lots) : 1 (Contract) Lots
Pyramiding : 0 orders
Commission : 0.001%
Test Yourself and give feedback.
PM us to obtain access.
Bollinger Bands Breakout StrategyBollinger Bands Breakout Strategy is the strategy version of Bollinger Bands Filter study version, which can be found under my scripts page. The strategy goes long when price closes above the upper band and goes short signal when price closes below the lower band.
Bollinger Bands is a classic indicator that uses a simple moving average of 20 periods, along with plots of upper and lower bands that are 2 standard deviations away from the basis line. These bands help visualize price volatility and trend based on where the price is, in relation to the bands.
The strategy doesn't take into account any other parameters such as Volume / RSI / Fundamentals etc, so user must use discretion based on confirmations from another indicator or based on fundamentals. The strategy results are based on purely long and short trades and doesn't take into account any user defined targets or stop losses.
The strategy works great when the price closes above/below upper/lower bands with continuation on next bar. It is definitely useful to have this strategy or the Bollinger Bands filter along with other indicators to get early glimpse of breach/fail of bands on candle close during BB squeeze or based on volatility .
This can be used on Heikin Ashi candles for spotting trends, but HA candles are not recommended for trade entries as they don't reflect true price of the asset.
The strategy settings default is 55 SMA and 1 standard deviation for Bollinger Bands filter, but these can be changed from settings.
It is definitely worth reading the 22 rules of Bollinger Bands written by John Bollinger if interested in trading Bollinger Bands successfully.
[TVExtBot]Volatility Breakout Strategy(BackTest)Volatility Breakout Strategy(BackTest)
It is based on the legendary trader Larry R. Williams' volatility breakout strategy.
The volatility breakout strategy is a short-term trading strategy that realizes rapid profits on a daily basis, following the upward trend of a strong upward trend that exceeds a certain level on a daily basis.
변동성 돌파 전략이란 전설적인 트레이더 래리 윌리엄스(Larry R. Williams)의 변동성 돌파 전략을 기본으로 개발한 전략입니다.
변동성 돌파 전략은 일일 단위로 일정 수준 이상의 범위를 뛰어넘는 강한 상승세를 돌파 신호로 상승하는 추세를 따라가며 일 단위로 빠르게 수익을 실현하는 단기매매 전략입니다.
* Pivot Levels Detector (for H4, D2) [aleeert]Pivot Levels Detector is the script based on idea about breakouts of pivot levels which based on certain numbers of bars used for reaching the target and breakout the level. Working timeframes are H4 and 2D . The script works better with BTCUSD, ETHUSD, EOSBTC, AAPL, TSLA.
No repainting!
The script doesn't use any moving averages or other relative methods which cancel or change data on previous bars. Once the signal is showed it will stay forever.
NOTE: The results from Strategy Tester could slight vary from results you see on the chart. It's because of calculation method used on Strategy Tester, which uses a data from closed bars only, not by target reaching. So the results you see on the chart are more correct.
Follow me for receiving more scripts and indicators.
Regards,
aleeert
Monday + Tuesday Fib BreakoutINTENDED FOR DAILY CHART ONLY
This is my take on a simple breakout based on the well known Fibonacci Retracement. It was created with the main intention of swing trading Futures with a small account, though it can also be used for other instruments - just tweak the settings to what fits best for you.
As you can see, the strategy is trading a single contract every time and the stop loss is hard (no trailing yet) - I'm trying to show how well it works with a small account, obviously you can scale up from here.
The strategy:
Account Starting Balance: $500
Instrument: E-Mini Russell 2000 Futures
Contracts: 1 contract per trade
Commission: $0.34 per trade
Next Steps:
- Add more description to all the settings
- Add Trailing Stops
Don't forget:
For educational purpose only
Past performance doesn't guarantee future results.
Breakout Trend Follower StrategyThis strategy goes long when highs are broken and uses a trailing stop that follows swing lows. User can configure a back test date range and choose whether or not to only take trades above a selected moving average.
The desire for me to make this script was to try to capture those extreme breakouts that can occur after a consolidation/equilibrium pattern. This catches those using stop-buys as the entry. Out of all the scripts I have made thus far, this one is the one that has the best results. Time frames might vary due to commission structures, etc. I currently use this strategy on stocks on the 30-min time frame and crypto (with Coinbase's high fees) on the 2-hr time frame.
The Breakout Machine V2 BTCUSDT - Bitcoin BeatsHello, Hello, Hello and welcome back to Bitcoin Beats.
As the title suggests, this is Version 2 of The Breakout Machine. Unlike the previous version, this one has been fine-tuned to work best on Binance Futures(BTCUSDT).
The stats shown below are from 2020.
PLEASE BE CAREFUL WITH YOUR LEVERAGE AND DON'T GET REKT.
Trade at your own risk! Good luck!
This strategy takes MACD and Volume spikes to calculate pumps and dumps in the bitcoin market.
I've also added custom backtesting inputs and leverage for you all to experiment with and see the profitability of the Strategy.
Alerts version coming soon...
Thank you, And goodbye, from Bitcoin Beats.
Fractal Breakout StrategyFractal
A type of pattern used in technical analysis to predict a reversal in the current trend. A fractal pattern consists of five bars and is identified when the price meets the following characteristics:
1. A shift from a downtrend to an uptrend occurs when the lowest bar is located in the middle of the pattern and two bars with successively higher lows are positioned around it.
2. A shift from an uptrend to a downtrend occurs when the highest bar is located in the middle of the pattern and two bars with successively lower highs are positioned around it.
hft-breakpointwhen it's a short trend(red line),the price breakout highpoint in smaller level,it will use a stop order to long in realtime,vice versa.this strategy will perform better in 1 minute,so it trades frequently,need a low fee.
ChannelsBreakoutThis script allows you to intercept price channel breakouts (Donchian channel) in a bullish perspective. Applicable both on Equities/ETFs and on Futures (Index Futures).
We open a position when closes crosses the upper channel. The trade ends with a trailing associated with a fast lower Donchian or a monetary stop loss.
It is an educational code and does not constitute a solicitation for public savings.
Trend Following BreakoutEasy Trend Following Strategy using Highs and Lows breakout of the last X candles to enter and exit trades.
You can easily change the ENTRY and EXIT value in order to find the best settings.
This strategy seems to be working well for $BTC and $ETH on the 4H and 1D.
I didn't play with it too much as I am testing script to trade on the 15 minutes chart with margin. This script can't do this successfully but I hope it can be helpful for what you want to achieve.
Donchain BreakoutIt is a long only strategy.
1. Buy when price breaks out of the upper band.
2. Exit has two options. Option 1 allows you to exit using lower band. Option 2 allows you to exit using basis line.
3. Slippage and commissions are not considered in the return calculation.
Trend Reversal/BreakoutThis is an strategy for trading low timeframes. It have better performance on 15min XBTUSD after parameter optimization.
It is generic and configurable meaning you can use it not only on XBT, but alos ETH, LTC etc.
Automatic trading can be achieved if used in conjunction with alert and webhook .
It does not repaint! Try it by yourself!!
Renko channel BREAKThis strategry based on the Renko chart that provided by TV, which is Repainting !
Used after your own research
*** EXPERIMENTAL ***
*** USE AT YOUR OWN RISK ***
Market Structure Finder [Dzenis]This indicator is designed to help you visualize the high timeframe market structure breaks and shifts in trend.
It finds local swing highs and lows, and defines the market structure based on them.
Break above the blue line = market structure is bullish, look for long/buy
Break below the red line = market structure is bearish, look for short/sell
I wrote it as a strategy so it can be easily backtested, giving a more complete picture of its effectiveness for catching larger swings.
It works best in trending markets such as Bitcoin.
This specific backtesting strategy and buy/sell signals on the chart are meant for trading the spot markets.
Buy signal triggers the entry with 70% of the trading capital (can be adjusted in the indicator menu and backtested with different percentages).
Sell signal exits the position.
The results assume 0.1% trading fees by default (adjustable in the menu as well).
It does not repaint.
If trading the futures markets it can be used purely as an indicator to help you form a HTF bullish/bearish bias and look for trade setups accordingly.
Although it's not designed for intraday moves, it can be used on lower timeframes as well.
8h timeframe for swing trades.
1h timeframe for intraday setups.
Daily timeframe is still the suggested and main use of this indicator (forming high timeframe bias).
For any questions and inquiries, feel free to DM me.
Channel Strategy for CryptoCurrenciesIts a break-out strategy with simple rules and strict money management (every trade risk 1% of the equity)
Entry happens on breakout of significant swing points.
Initial stop loss is on the opposite swingpoint and will be trailed by multiple factors including a maximum distance to the current price.
Works best on BTCUSD on H4. Also good results on higher timeframes.
also cross checked other pairs. works on IOTUSD and EOSUSD . Seems to have some troubles (in default params) with LTC and XRP.
feel free to leave a comment and please tell me if you find a reason why this shouldn't make you rich :D
Lancelot RR StrategyDear all,
Free strategy again.
This strategy consists of 2 indicators I think works well with each other as a trend following strategy.
The 2 indicators are Renko chart and Relative Vigor Index.
This is a long-only breakout strategy that aims to capture the majority of the trend.
Works well on BTCUSD XBTUSD, as well as other major liquid Pair.
Please acknowledge my effort by like and follow.
And lastly,
Save Hong Kong, the revolution of our times.
Breakout Reversal Entry on WMA - NG1! Overnight ver 1This script is for learning purposes only
This strategy will plot arrows when price breaks so far above/below WMA. The strategy will enter when the price breaks away from WMA. All entries are reversals. Users can set WMA length and source; also the distance of the price away from WMA to enter. Adjustable bracket orders are placed for exit, with trailing stop or market stop choice. Last, users can set the time of day they want to enter a trade.
My Preference: I am testing this strategy on NG1! over night on 1 minute candle. with .003 on price drop/climb, I get entries almost every night. Also 10 tick stop and 5 tick profit seems backward to most, but with a high win/loss ratio, it performs quite well. Trailing stops generally help out as well.
INPUTS:
Length - The is the WMA length
Source - WMA source (High, Low, Open, Close...)
When Price Drops - This is the distance in ticks when the price drops away from WMA, an arrow is plotted, and reversal entry order is placed
When Price Climbs - Same as price drop, just in the opposite direction
Trailing Stop check box - Check if you want to place a trailing stop so many tick away from entry. Unchecked is Market (hard) stop so many ticks from entry.
Stop - Number of ticks away from entry a the stop or trailing stop is set (for NG 1 tick = $0.001)
Limit Out - Number of ticks away from entry a limit order is placed to take profits
Limit Time of day check box - check to use the time of day to limit what time of day order entry will occur.
Start/Stop Trades (Est Time) - First box is when the strategy will be allowed to start buying and stop is when the strategy will stop being allowed to buy. Sell orders continue until a stop or limit triggers an exit. These times are Eastern time zone
PROPERTIES:
Pyramiding - This feature will allow multiple entries to occur. If set to 1, the strategy should only trade 1 contract at a time. If set to 2, the strategy will enter a second order if entry requirements are met. This allows you to be holding 2 contracts. Basically on a good day, it will multiply your earnings, on a bad day, you'll just lose more. For testing, I keep this on 1.
TIPS:
- If you want to go long only, set "When Price Climbs" to an impossible number, like 10,000. It's not possible for NG to move $10 is a matter of minutes so it will not enter the market with a short order. Also keep in mind you can set different requirements for going long vs going short. If you think there is more pull on the market in a particular direction.
