OPEN-SOURCE SCRIPT
LinReg Scale-In Strategy
This strategy is based on an basic LinReg concept. Instead of using traditional price levels or moving averages, it uses the Linear Regression Correlation Coefficient (Pearson's r) to measure the actual strength of a trend and dynamically build up a position.
How it works:
The indicator calculates how closely the price follows a linear trend, returning a value between -1 and +1.
Scale-In (Entries): The strategy enters a Long position step-by-step as the uptrend gains momentum. It adds to the position when the coefficient crosses above the 0.25, 0.50, and 0.75 thresholds (pyramiding up to 3 times).
Scale-Out (Exit): Following the "let profits run but cut losses quick" mentality, the strategy closes the entire position as soon as the trend starts dying out and the coefficient crosses back down below 0.25.
Setup Tip: It is recommended using this approach on commodities using the Daily timeframe. The strategy is set to fixed contracts by default to allow smooth backtesting on futures like NQ or ES without running into margin limits.
Disclaimer:
This script is published for educational and testing purposes only. It does not constitute financial advice. Trading futures and other financial instruments involves significant risk of loss. Past performance is not indicative of future results. Always do your own research and backtesting before risking real capital.
How it works:
The indicator calculates how closely the price follows a linear trend, returning a value between -1 and +1.
Scale-In (Entries): The strategy enters a Long position step-by-step as the uptrend gains momentum. It adds to the position when the coefficient crosses above the 0.25, 0.50, and 0.75 thresholds (pyramiding up to 3 times).
Scale-Out (Exit): Following the "let profits run but cut losses quick" mentality, the strategy closes the entire position as soon as the trend starts dying out and the coefficient crosses back down below 0.25.
Setup Tip: It is recommended using this approach on commodities using the Daily timeframe. The strategy is set to fixed contracts by default to allow smooth backtesting on futures like NQ or ES without running into margin limits.
Disclaimer:
This script is published for educational and testing purposes only. It does not constitute financial advice. Trading futures and other financial instruments involves significant risk of loss. Past performance is not indicative of future results. Always do your own research and backtesting before risking real capital.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。