OPEN-SOURCE SCRIPT

LPB MicroCycles Strategy

4 026
What it is:

We use the Hodrick-Prescott filter applied to the closing price, and then take the outputted trendline and apply a custom vwap, the time frame of which is based on user input, not the default 1 day vwap . Then we go long if the value 2 bars ago is greater then one bar ago. We sell and color the bars and lines when the if the value of 2 bars ago is less than one bar ago.

Also included:
GUI for backtesting
ATR Based Stop Loss

How to use:
Go long when the indicators suggest it, and use the stop losses to reduce risk.


Best if paired with a volatility measurement (inside candles, average true range , bollingerband%B)

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.