OPEN-SOURCE SCRIPT
Swing Point Hedge Strategy
🎯 Strategy Concept:
This bot trades primary trend positions and automatically hedges when key support/resistance levels break, protecting your capital from reversals.
📊 Market Structure Detection:
Uptrend Structure:
✅ Higher Highs (HH): Each swing high is higher than the previous
✅ Higher Lows (HL): Each swing low is higher than the previous
🟢 Green triangles and lines
Downtrend Structure:
✅ Lower Highs (LH): Each swing high is lower than the previous
✅ Lower Lows (LL): Each swing low is lower than the previous
🔴 Red/Orange triangles and lines
💡 Trading Logic:
Primary Positions (Trend Following):
UPTREND:
Long Entry: Price breaks above Higher High
Opens 2x position size
Follows the trend
Green triangle marker
DOWNTREND:
Short Entry: Price breaks below Lower Low
Opens 2x position size
Follows the trend
Red triangle marker
Hedge Positions (Risk Protection):
When LONG (Uptrend):
Hedge Short: If price breaks below Higher Low (HL)
Support broken = potential reversal
Opens 1x SHORT position (hedge)
Orange X marker
Up to 2 hedge positions allowed
When SHORT (Downtrend):
Hedge Long: If price breaks above Lower High (LH)
Resistance broken = potential reversal
Opens 1x LONG position (hedge)
Aqua X marker
Up to 2 hedge positions allowed
🛡️ How Hedging Works:
Example Scenario:
Bot opens LONG (2x size) on Higher High break
Price pulls back and breaks Higher Low (support)
Bot opens HEDGE SHORT (1x size) automatically
Net Position: Still LONG 1x (2 - 1 = 1)
Protection: If trend reverses, hedge minimizes loss
If trend resumes: Close hedge, keep primary position
📈 Risk Management:
Stop Loss Options:
Fixed percentage-based (2% default)
Applied to all positions
Protects capital from major moves
Take Profit:
Fixed percentage (3% default)
Locks in profits automatically
Optional toggle
Position Sizing:
Primary: 50% equity (2x with pyramiding)
Hedge: 25% equity (1x)
Max 2 hedge positions per primary
🎨 Visual Features:
Swing Point Markers:
🔼 Triangles up: Swing lows (Green = HL, Red = LL)
🔽 Triangles down: Swing highs (Green = HH, Orange = LH)
Lines: Connect swing points showing structure
Support/Resistance Zones:
Red zones: Previous swing highs (resistance)
Green zones: Previous swing lows (support)
Automatically extend to right
Entry Signals:
🟢 Large green triangle: Primary long entry
🔴 Large red triangle: Primary short entry
🟠 Orange X: Hedge short entry
🔵 Aqua X: Hedge long entry
📊 Info Table Shows:
Market Structure: Uptrend ↑ / Downtrend ↓ / Neutral
Previous High/Low: Key levels being monitored
Primary Position: Current trend position
Hedge Count: How many hedges are active
Net Position: Actual market exposure
Open P&L: Real-time profit/loss
Performance Stats: Total trades, net profit
⚙️ Settings:
Swing Detection:
Length: 5 bars (adjustable 2-20)
Smaller = more swings, more signals
Larger = major swings only
Hedge Options:
Toggle hedge on/off
Auto-close hedges on retrace
Max number of hedges (1-3)
Risk Settings:
Stop loss percentage
Take profit percentage
Toggle each independently
🎯 Use Cases:
Best For:
Volatile markets with false breaks
Protecting trending positions
Risk-averse traders
Swing trading timeframes (15m - 4H)
Strategy Benefits:
✅ Automatic risk protection
✅ Reduces drawdown
✅ Captures reversals
✅ No manual intervention needed
✅ Clear visual feedback
This is a sophisticated hedging bot that automatically protects your positions while keeping you in profitable trends! 🚀
This bot trades primary trend positions and automatically hedges when key support/resistance levels break, protecting your capital from reversals.
📊 Market Structure Detection:
Uptrend Structure:
✅ Higher Highs (HH): Each swing high is higher than the previous
✅ Higher Lows (HL): Each swing low is higher than the previous
🟢 Green triangles and lines
Downtrend Structure:
✅ Lower Highs (LH): Each swing high is lower than the previous
✅ Lower Lows (LL): Each swing low is lower than the previous
🔴 Red/Orange triangles and lines
💡 Trading Logic:
Primary Positions (Trend Following):
UPTREND:
Long Entry: Price breaks above Higher High
Opens 2x position size
Follows the trend
Green triangle marker
DOWNTREND:
Short Entry: Price breaks below Lower Low
Opens 2x position size
Follows the trend
Red triangle marker
Hedge Positions (Risk Protection):
When LONG (Uptrend):
Hedge Short: If price breaks below Higher Low (HL)
Support broken = potential reversal
Opens 1x SHORT position (hedge)
Orange X marker
Up to 2 hedge positions allowed
When SHORT (Downtrend):
Hedge Long: If price breaks above Lower High (LH)
Resistance broken = potential reversal
Opens 1x LONG position (hedge)
Aqua X marker
Up to 2 hedge positions allowed
🛡️ How Hedging Works:
Example Scenario:
Bot opens LONG (2x size) on Higher High break
Price pulls back and breaks Higher Low (support)
Bot opens HEDGE SHORT (1x size) automatically
Net Position: Still LONG 1x (2 - 1 = 1)
Protection: If trend reverses, hedge minimizes loss
If trend resumes: Close hedge, keep primary position
📈 Risk Management:
Stop Loss Options:
Fixed percentage-based (2% default)
Applied to all positions
Protects capital from major moves
Take Profit:
Fixed percentage (3% default)
Locks in profits automatically
Optional toggle
Position Sizing:
Primary: 50% equity (2x with pyramiding)
Hedge: 25% equity (1x)
Max 2 hedge positions per primary
🎨 Visual Features:
Swing Point Markers:
🔼 Triangles up: Swing lows (Green = HL, Red = LL)
🔽 Triangles down: Swing highs (Green = HH, Orange = LH)
Lines: Connect swing points showing structure
Support/Resistance Zones:
Red zones: Previous swing highs (resistance)
Green zones: Previous swing lows (support)
Automatically extend to right
Entry Signals:
🟢 Large green triangle: Primary long entry
🔴 Large red triangle: Primary short entry
🟠 Orange X: Hedge short entry
🔵 Aqua X: Hedge long entry
📊 Info Table Shows:
Market Structure: Uptrend ↑ / Downtrend ↓ / Neutral
Previous High/Low: Key levels being monitored
Primary Position: Current trend position
Hedge Count: How many hedges are active
Net Position: Actual market exposure
Open P&L: Real-time profit/loss
Performance Stats: Total trades, net profit
⚙️ Settings:
Swing Detection:
Length: 5 bars (adjustable 2-20)
Smaller = more swings, more signals
Larger = major swings only
Hedge Options:
Toggle hedge on/off
Auto-close hedges on retrace
Max number of hedges (1-3)
Risk Settings:
Stop loss percentage
Take profit percentage
Toggle each independently
🎯 Use Cases:
Best For:
Volatile markets with false breaks
Protecting trending positions
Risk-averse traders
Swing trading timeframes (15m - 4H)
Strategy Benefits:
✅ Automatic risk protection
✅ Reduces drawdown
✅ Captures reversals
✅ No manual intervention needed
✅ Clear visual feedback
This is a sophisticated hedging bot that automatically protects your positions while keeping you in profitable trends! 🚀
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.