JustUncleL

[STRATEGY][UL]Price Divergence Strategy v1.0

Created by Request: This is a trend trading strategy that uses Price Divergence detection signals that are confirmed by the "Murrey's Math Oscillator" (Donchanin Channel based).

Strategy Code Based on:
  • Price Divergence Detector V2 by RicardoSantos
  • UCS_Murrey's Math Oscillator by Ucsgears
Strategy Risk Management Based on:
  • Strategy Code Example by JayRogers
Information on Divergence Trading:


*** USE AT YOUR OWN RISK ***
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JustUncleL
Does this repaint?
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Hi, would you be able to add alerts to your code? Would be great to be notified when there's a reversal or divergence. I'm pretty new to trading and don't know if this would need to be done on your end. When I go to alerts there isn't an option for your script. Unfortunately most of my trading is done on the road and I'm not able to look at charts all day.
Thanks, Steve
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@duk20, Sorry, Alerts cannot currently be added to a BackTest Strategy script.
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duk20 JustUncleL
@JustUncleL, No problem Thank you for responding.
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When you use the replay feature, the labels appear two candles AFTER the divergence has taken place. So it doesn't seem like you can use this. By the time the signal comes up its too late
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JustUncleL drowkraken
@drowkraken, Yes that is because the Divergence test relies on Fractal patterns, which need two candles after the Pivot to complete the pattern. BTW, be wary of the results above, I found out later after publishing this script that the TV strategy accuracy is questionable at times, because of the assumptions it makes.
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remidhoyer JustUncleL
@JustUncleL, be careful with trailing functions too I think it can not give us accurate results. test it with fixing timeframe (for example 1h) and look at the results with 1m..
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nice work sir
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someone tested this strategy with BTCUSD?
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Hi, this is an indicator ?
Regards!
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الصفحة الرئيسية منصة الأسهم منصًة العملات منصّة العملات الرقمية جدول الأعمال الاقتصادي كيف نعمل مميزات الرسم البياني أسعار العضوية قوانين الموقع المشرفون حلول المواقع الإلكترونية والوسطاء الأدوات حلول الرسوم البيانية احصل على المساعدة طلب الخصائص المدوّنة والأخبار الأسئلة الأكثر شيوعًا معرفة تويتر
الملف الشخصي إعدادات الصفحة الشخصية الحساب وإعداد الفواتير احصل على المساعدة أفكاري المنشورة المتابعين تتابع رسالة خاصة المحادثة تسجيل الخروج