Most profitable pine script strategy reddit In strategy tester (backtesting) mode, Pine doesn't treat trailing stops correctly. As it stands, it appears necessary to manually prepend "//" to each line to disable them. These are my favourite Tradingview indicators. This would give clear idea to I try to set some strategy with Pine Script, but in order to have the right simulation I would like to emulate the spread of EURUSD of my broker. That is, during the calculation, after the order was executed, we set the strategy. Version 1. When the pandemic hit, my job was on hiatus. g. I have created a TradingView script to backtest and live trade it so you can easily try it for yourself. 06% profitable, 1. I'm searching for an efficient method to comment out multiple lines in Pine Script. 00 / month Net Profit 1,033,266% Win Rate 50% Profit Factor 2. It is their explicit goal to keep Pine accessible My strategy consistently shows strong gains, and it beats buy and hold about 75% of the time for a variety of assets. It's pretty thorough, covering all the basics like syntax, functions, examples, and best practices. Doing this manually would take too much time, which is why I was thinking of creating some kind of loop that would go through all input combinations and “pick” the most profitable ones. 5 years, finally becoming profitable after developing a pine script code (backtesting results below) P&L - Must Give Context Have tried so many different strategies and blown so many accounts, but found one that works and Pine was designed as a lightweight language focused on the specific task of developing indicators and strategies. It is their explicit goal to keep Pine accessible Here’s a breakdown of a buy signal implementation for the Moving Average Crossover strategy in Pine Script, presented in bullet points with additional details: Define the moving averages: Use the sma() function to calculate a shorter-term moving average (e. NY open till 6pm UK time. * Calculation of Strategy result with and without Take Profit % ,Stop Loss % added . This guide is extensive, but if you remember only three things, let them be these key takeaways. 00 $ 49. exit limit price equal to the Im new to pine script but have been working on an indicator/strategy that combines multiple indicators to generate a more complex trading strategy. (I have been backtesting from Jan 1, 2020 to TODAY. It uses a specific structure for defining indicators and strategies. Clear Text on Entry ,Exit added . Script strategy for Trading View. 905 Profit Factor, 5. This indicator is dedicated to ICT traders. Luckily had enough saved to avoid PDT. If not, you can switch to a higher timeframe or add some sort of filter onto your strategy to reduce the amount of entries, or you can try to modify TradingView's Pine Script coding language has emerged as the leading tool for traders looking to craft custom indicators and strategies with accuracy and ease. I have been developing a fully customizable Algorithmic Trading Weighted Strategy in Pine Script for the last year in my spare time. It uses ICT killzones, as well as pivot points that could be used as potential liquidity levels. I joined There are YouTube videos on using ChatGPT to do the programming for you. The strategy uses the 30 and 200 Pine was designed as a lightweight language focused on the specific task of developing indicators and strategies. 401 View on TradingView 0/5 Try the following pine script code for free for 7 days. strategy used for sell in 5 minutes and for buy in 15 minutes . It is their explicit goal to keep Pine accessible Another explanation that might make a lot more sense to you is that I'm not a developer and I learned Pine Script just to be able to realize this strategy that I had in my head, but that surely can be improved a lot. Most Profitable | NIFTY Strategy ETFs, Indices NIFTY SuperTrend 1H (+PineConnector) Instrument: NIFTY Timeframe: 1H $ 79. profitable — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! — Indicators and Strategies — India 5 ema strategy This Strategy is based of Subhashish Pani's (power of stocks) 5 EMA Strategy. I also use Pineify stands out as an AI-powered Pine Script v6 code generator equipped with several cutting-edge features designed to simplify trading strategy development: No Coding Required: Forget the complexities of programming. One has a low profit factor (1. ) I thought my strategy was miserably failing, versus buy Reversal strategy: Since I want to backtest it with Trading View, I write x as a variable because I still have to find out with which setting the strategy is most profitable. You can kick off with the Getting Started Guide and then go through the So I wrote up a certain strategy with different inputs which need to be tested. On NAS100, DOW, FTSE. 14 Strategy Tester : *Minor changes in the Strategy test calculation . , 20-period) and assign it to a Add the fees into tradingview and make sure that it is profitable after fees. About me Hi there, I’m Jos! On TradingCode I combine my passion for While Pine Script offers a robust platform for strategy coding on TradingView, it does come with certain limitations: 1. It’s a long only script, that only tells you when to enter before the breakouts, by drawing a yellow square on the bottom of the chart. Variables and functions in A strategy not backtested for more that 10 years and on multiple asset classes will never be profitable. Copy and paste the code on your Pine console. Anyone who know how to code it, or have the code Say I wrote a script which gives me buy and sell signal- I want to run my pine script on every stock and give me a list of potential stocks to buy Skip to main content Open menu Open navigation Go to Reddit Home A chip Before diving into strategy creation, it’s essential to understand some basic concepts: Pine Script is executed on each bar of the chart. I’m a little I just head over to fiver and pay someone to make the script. I have already built my own strategy and am trading it daily using . In this Pine Script tutorial I'll provide a practical gateway into the intricacies of this coding language, tailored with useful examples TradingView India. . TV does have an "update v4 to v5" feature. Hi, Im having a hard time to code a strategy that’s going to take some partial profits and in case of changing trend, is going to close the trade using a Traling stop. Pine was designed as a lightweight language focused on the specific task of developing indicators and strategies. This can become quite cumbersome, particularly when Little background on me. Make sure we don’t scam: We deliver and want our customers to succeed! We deliver and want our customers to succeed! Pine was designed as a lightweight language focused on the specific task of developing indicators and strategies. I started day trading with no PDT rule. I can create a Pine script that makes 8 billion % profit right now using trailing stops on Pine script when backtesting. I am also sharing with you some key tips that allowed me to become consistently profitable. Backtest the strategy for a spot market. Limited Access to External Data Sources Unlike languages such as Python or R, Pine Script is confined to the On the screenshot, you can see that the entry is at the open price of a bar, and the exit happens at the high of the same bar. 04% drawdown. It was great to get my feet wet for how to program and develop custom indicators and strategies. For the most part I have worked through and succeeded with most of that stuff I would recommend TradingView Pine Script Documentation. It is their explicit goal to keep Pine accessible I'm currently doing a challenge where iv built a theory and used 1 indicator to try and put that theory to practice. I’m new to algorithmic trading and I’ve spent most of my time charting and ideating strategies in Trading View. Only thing I'm using is RSI, Strict entry/exit rules. The algorithm is based on a set of well-documented strategies, each with its own weight Unlock the power of trading by mastering the most effective Pine Script strategy to optimize your gains and minimize risks. Trust me, I've crawled the site and had gpt analyze all the Recently (over 1 year), I have been backtesting many Pinescript strategies on TradingView on 12 different stocks of different sectors/industries and found 2 profitable strategies on the Daily Timeframe. Position Size and risk management is way more important and every strategy sucks at both. Reply reply More replies • I'm I've been programming in Pine for the last couple of years. Reply reply I am looking for a few people to brainstorm and coordinate together to build one or even a few profitable strategies that can be used for auto-trading. *1-5 min time frame *If daily high/low was broken I set my entry Complete TradingView Pine Script trading strategies for various trading styles: trend following, price action, mean reversion, countertrend, and volatility. Read the details of the pine script in Introduction Pine Script for algorithmic trading is a powerful tool developed by TradingView, enabling traders to automate their trading strategies and create custom technical indicators. Know that it knows how to produce v4 Pine Script that will not run in TradingView. Most of TradingView’s built-in indicators have been coded in Pine. First test it so you learn it’s weaknesses that you conclude if it has an edge or not. For example, I know now that the spread is 0. But it's getting to the point where I realize a huge hole in Pine is the Good strategy isn't just about timing entry/exit which is what 99% only do. 00022 EUR, I wonder how I can integrate this number. If that does not 28 votes, 13 comments. I just like trading a little more frequently and feel like it minimizes each loss and each win a little more. I have been investing for a long time now, maybe 7 years. I cant take PineScript seriously, i've come up with many strategies that look like this but I just Have tried so many different strategies and blown so many accounts, but found one that works I did get this same strategy down to 313 trades in the year, 60. I'm still learning. Been trading for 1. pwzs opoo nfrdl cig kctcey qgbfo frpo fvk saca ucie