OPEN-SOURCE SCRIPT
GK1 Long only Daily Trend Strategy Max 4 Positions Risk-Based
This strategy buys strong uptrends on the daily chart, risks a fixed % of capital per trade, limits how many trades are open at once, and exits using a trailing volatility stop or when the trend weakens.
What kind of market does this work best in?
1.Strong, persistent trends
2.Index ETFs, sector ETFs, large-cap stocks
3.Bull markets or strong sector rotations
It will underperform in:
Sideways markets
Choppy ranges
High-frequency reversals
The market condition this is looking for " A healthy, established uptrend"
It only goes LONG (no shorts) and only when all of these are true:
Short-term trend is up:
14-day moving average > 50-day moving average
Long-term trend is bullish:
Price is above the 200-day moving average
Primary trend is improving:
200-day MA is rising (today > yesterday)
Volume is normal (not dead, not crazy):
Avoids illiquid days and blow-off spikes
Translation: “I only buy when the market is already strong and behaving normally.”
It can hold up to 4 positions at the same time
Designed for multiple signals across time, not over-trading
You choose a Risk % per trade (default = 1%)
That means: If the stop loss is hit, you lose ~1% of your total account
It uses ATR (Average True Range):
ATR measures how much the market normally moves
Stop loss = 2.5 × ATR
Position size =
(1% of account) ÷ stop distance
So:
Volatile market → smaller position
Calm market → bigger position
Exit #1: Trailing ATR stop (main exit)
Tracks the highest close since entry
Stop moves up only, never down
If price reverses by ~2.5 ATR → exit
📌 Translation:
“Let winners run, cut losers automatically.”
Exit #1: Trailing ATR stop (main exit)
Tracks the highest close since entry
Stop moves up only, never down
If price reverses by ~2.5 ATR → exit
📌 Translation:
“Let winners run, cut losers automatically.”
What kind of market does this work best in?
1.Strong, persistent trends
2.Index ETFs, sector ETFs, large-cap stocks
3.Bull markets or strong sector rotations
It will underperform in:
Sideways markets
Choppy ranges
High-frequency reversals
The market condition this is looking for " A healthy, established uptrend"
It only goes LONG (no shorts) and only when all of these are true:
Short-term trend is up:
14-day moving average > 50-day moving average
Long-term trend is bullish:
Price is above the 200-day moving average
Primary trend is improving:
200-day MA is rising (today > yesterday)
Volume is normal (not dead, not crazy):
Avoids illiquid days and blow-off spikes
Translation: “I only buy when the market is already strong and behaving normally.”
It can hold up to 4 positions at the same time
Designed for multiple signals across time, not over-trading
You choose a Risk % per trade (default = 1%)
That means: If the stop loss is hit, you lose ~1% of your total account
It uses ATR (Average True Range):
ATR measures how much the market normally moves
Stop loss = 2.5 × ATR
Position size =
(1% of account) ÷ stop distance
So:
Volatile market → smaller position
Calm market → bigger position
Exit #1: Trailing ATR stop (main exit)
Tracks the highest close since entry
Stop moves up only, never down
If price reverses by ~2.5 ATR → exit
📌 Translation:
“Let winners run, cut losers automatically.”
Exit #1: Trailing ATR stop (main exit)
Tracks the highest close since entry
Stop moves up only, never down
If price reverses by ~2.5 ATR → exit
📌 Translation:
“Let winners run, cut losers automatically.”
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.