Ace Algo [Anson5129]

🏆 Exclusive Indicator: Ace Algo [Anson5129]

📈 Works for stocks, forex, crypto, indices
📈 Easy to use, real-time alerts, no repaint
📈 No grid, no martingale, no hedging
📈 One position at a time

----------------------------------------------------------------------------------------

Ace Algo [Anson5129]

A trend-following TradingView strategy using a confluence of technical indicators and time-based rules for structured long/short entries and exits:

----------------------------------------------------------------------------------------

Parameters Explanation

Moving Average Length

• Indicates the number of historical data points used for the average price calculation.
  
• Shorter = volatile (short-term trends); longer = smoother (long-term trends, less noise).
  
• Default: 20
  

Entry delay in bars

• After a trade is closed, delay the next entry in bars. The lower the number, the more trades you will get.
  
• Default: 4
  

Take Profit delay in bars

• After a trade is opened, delay the take profit in bars. The lower the number, the more trades you will get.
  
• Default: 3
  

Enable ADX Filter

• No order will be placed when ADX < 20
  
• Default: Uncheck
  

Block Period

• Set a block period during which no trading will take place.
  

----------------------------------------------------------------------------------------

Entry Condition:

• Only Long when the price is above the moving average (Orange line).
  
• Only Short when the price is below the moving average (Orange line).
  
• * Also, with some hidden parameter that I set in the backend.
  

Exit Condition:
When getting profit:

• Trailing Stop Activates after a position has been open for a set number of bars (to avoid premature exits).
  

When losing money:

• In a long position, when the price falls below the moving average, and the conditions for a short position are met, the long position will be closed, and the short position will be opened.
  
• In a short position, when the price rises above the moving average, and the conditions for a long position are met, the short position will be closed, and the long position will be opened.
  

----------------------------------------------------------------------------------------

How to get access to the strategy
Read the author's instructions on the right to learn how to get access to the strategy.