OPEN-SOURCE SCRIPT
Moving Average Gradient
The 'Moving Average Gradient' (MAG) is basically a measure of the gradient of a moving average.
Firstly a moving average (SMA or EMA) is overlayed onto the chart.
Then the gradient of this moving average is calculated and plotted below.
An optional smoothing average is also applied to the gradient.
This MAG is my own invention and is entirely new, as far as I know.
I've found it to be useful for divergences.
It can also be quite similar to the Stochastic, and works well taking a BUY signal when the gradient crosses over its moving average, and SELL when it crosses under.
In fact I backtested both this MAG, and the Stochastic as a comparison, within a strategy using the above signals, and the MAG delivered better results.
The strategy on BTCUSD 15 minute also included:
* 4hr MACD Signal change > 0.0034 %
* 4hr MACD Signal value < 0.5 %
...for BUY, with the opposite for SELL.
And if you think that strategy involved writing Pine Script code, then you're probably not familiar with my suite of strategy tools published on here.
I was able to very quickly and easily create and backtest that strategy without writing any code at all, using just:
* MAG or Stochastic
* MACD
* Simple BUY/SELL Indicator - to create the strategy rules using the above indicators (or I could've used my Custom BUY/SELL Indicator)
* Simple Pyramid Strategy - to run the backtesting strategy (or I could've used my Complex Single Trade Strategy)
Firstly a moving average (SMA or EMA) is overlayed onto the chart.
Then the gradient of this moving average is calculated and plotted below.
An optional smoothing average is also applied to the gradient.
This MAG is my own invention and is entirely new, as far as I know.
I've found it to be useful for divergences.
It can also be quite similar to the Stochastic, and works well taking a BUY signal when the gradient crosses over its moving average, and SELL when it crosses under.
In fact I backtested both this MAG, and the Stochastic as a comparison, within a strategy using the above signals, and the MAG delivered better results.
The strategy on BTCUSD 15 minute also included:
* 4hr MACD Signal change > 0.0034 %
* 4hr MACD Signal value < 0.5 %
...for BUY, with the opposite for SELL.
And if you think that strategy involved writing Pine Script code, then you're probably not familiar with my suite of strategy tools published on here.
I was able to very quickly and easily create and backtest that strategy without writing any code at all, using just:
* MAG or Stochastic
* MACD
* Simple BUY/SELL Indicator - to create the strategy rules using the above indicators (or I could've used my Custom BUY/SELL Indicator)
* Simple Pyramid Strategy - to run the backtesting strategy (or I could've used my Complex Single Trade Strategy)
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.