OPEN-SOURCE SCRIPT
Buy/Sell Signals [WynTrader]
Buy/Sell Signals [WynTrader]
Hello dear Friend
Here is my Buy/Sell Signals [WynTrader] indicator that may help you easily run a Buy/Sell backtest Strategy, seeing, at a glance, performance results.
█ OVERVIEW
This indicator identifies trend changes and generates Buy/Sell signals as accurately as possible. Its strength lies in the results Table, which lets you evaluate signal performance directly on the chart — compared to a simple Buy & Hold strategy — without running a full backtest.
█ CONCEPTS
This Buy/Sell Signals [WynTrader], compared to other tools that detect trend shifts, is simple, easy to use, and demonstrates its efficiency on its own, at a glance.
The Table results allow you to quickly evaluate signal performance, both on their own and compared to a Buy & Hold strategy. The Table calculations are fully synchronized with the visible chart (WYSIWYG – What You See Is What You Get). You can also scroll the chart across different date ranges to see how a stock or product performs under various market conditions.
You can adjust the variables to suit your goals. The design is simple, with clear parameters and instant readability of Buy/Sell Signals on the chart and in the Table results, without complex interpretation needed.
A Table shows the effectiveness of the signals on the current visible chart, providing immediate, realistic feedback performance. The Buy & Hold strategy results are also included for comparison with the Buy/Sell swing strategy. The Buy & Hold results start from the first Buy signal to ensure a fair comparison. Changing the parameters instantly updates the Table, giving a quick, immediate performance check.
█ FILTERS (Buy/Sell parameters)
This indicator generates Buy/Sell signals using optional and adjustable filters:
- Bollinger Bands Lookback Trend Filter
- High-Low vs Candle Range Threshold %
- Distance from Fast and Slow MAs Threshold %
Results are displayed in a Table on the chart, based on the currently visible start and end dates.
█ TABLE RESULTS (Buy/Sell signals performance)
The Results Calculation presented in the Table is based on the Current Chart Visible Range. The Table shows the:
- Calculation Results of the Buy and Sell Signals activated on the chart
- Number of Trades (Signals)
- Winning Points
- Win Rate %
The Buy & Hold calculation starts at the first Buy encountered.
█ CAUTION
The Graal Indicator, even with AI, doesn't exist yet — maybe one day, but not now — depending on the chart product, volatility, probabilities, and unpredictable market behaviour. Don't rely on this tool to make trade decision, it's only a tool to, maybe, help assess a change of trend.
Seeing Buy/Sell signals on a chart is appealing, but assessing their performance in a Table makes it even more convincing — and without running a full backtest, you get a clear overview of performance immediately.
█ WYNTRADER
My name is WynTrader. I cumulate 24 years of experience. In 2001, I took an intensive technical analysis course taught by an exceptional friend, Cyril, who taught me everything I know.
After testing thousands of TradingView indicators over these 24 years, I've found none to be 100% accurate all the time. This Buy/Sell Signals indicator may outperform some others but is still not perfect. So, just be aware, and don't be fooled by this tool.
Enjoy!
WynTrader
Hello dear Friend
Here is my Buy/Sell Signals [WynTrader] indicator that may help you easily run a Buy/Sell backtest Strategy, seeing, at a glance, performance results.
█ OVERVIEW
This indicator identifies trend changes and generates Buy/Sell signals as accurately as possible. Its strength lies in the results Table, which lets you evaluate signal performance directly on the chart — compared to a simple Buy & Hold strategy — without running a full backtest.
█ CONCEPTS
This Buy/Sell Signals [WynTrader], compared to other tools that detect trend shifts, is simple, easy to use, and demonstrates its efficiency on its own, at a glance.
The Table results allow you to quickly evaluate signal performance, both on their own and compared to a Buy & Hold strategy. The Table calculations are fully synchronized with the visible chart (WYSIWYG – What You See Is What You Get). You can also scroll the chart across different date ranges to see how a stock or product performs under various market conditions.
You can adjust the variables to suit your goals. The design is simple, with clear parameters and instant readability of Buy/Sell Signals on the chart and in the Table results, without complex interpretation needed.
A Table shows the effectiveness of the signals on the current visible chart, providing immediate, realistic feedback performance. The Buy & Hold strategy results are also included for comparison with the Buy/Sell swing strategy. The Buy & Hold results start from the first Buy signal to ensure a fair comparison. Changing the parameters instantly updates the Table, giving a quick, immediate performance check.
█ FILTERS (Buy/Sell parameters)
This indicator generates Buy/Sell signals using optional and adjustable filters:
- Bollinger Bands Lookback Trend Filter
- High-Low vs Candle Range Threshold %
- Distance from Fast and Slow MAs Threshold %
Results are displayed in a Table on the chart, based on the currently visible start and end dates.
█ TABLE RESULTS (Buy/Sell signals performance)
The Results Calculation presented in the Table is based on the Current Chart Visible Range. The Table shows the:
- Calculation Results of the Buy and Sell Signals activated on the chart
- Number of Trades (Signals)
- Winning Points
- Win Rate %
The Buy & Hold calculation starts at the first Buy encountered.
█ CAUTION
The Graal Indicator, even with AI, doesn't exist yet — maybe one day, but not now — depending on the chart product, volatility, probabilities, and unpredictable market behaviour. Don't rely on this tool to make trade decision, it's only a tool to, maybe, help assess a change of trend.
Seeing Buy/Sell signals on a chart is appealing, but assessing their performance in a Table makes it even more convincing — and without running a full backtest, you get a clear overview of performance immediately.
█ WYNTRADER
My name is WynTrader. I cumulate 24 years of experience. In 2001, I took an intensive technical analysis course taught by an exceptional friend, Cyril, who taught me everything I know.
After testing thousands of TradingView indicators over these 24 years, I've found none to be 100% accurate all the time. This Buy/Sell Signals indicator may outperform some others but is still not perfect. So, just be aware, and don't be fooled by this tool.
Enjoy!
WynTrader
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
WynTrader
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
WynTrader
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.