Volty Expan Close Strategy, didnt really do anything except for change the parameters, would like to use a genetic algo to find the best params but i will leave it like this.
Really questioning how the trailing stop works in the backtesting framework of tradingview/pinescript, I am sure I would not get the same results with the same strategy in MT4.
This strategy uses Moving Averages to determine the Long and short locations but also has additional indicators which determine if the cross is valid.
If the lower band is red it will reject a short
if the upper band is red it will reject a long
Here's a simple tool for determining long term trend direction using two Volume Weighted Moving Averages (VWMA). The VWMA's emphasis on volume often makes it a better measurement for trend direction than the more popular Exponential Moving Average (EMA).
Trend direction is determined by comparing a fast and slow VWMA. The default length for the fast VWMA is 50...
this is a study created on pine v4, gives u a lot of usefull information about the trend, as u can see we have AVERAGE TRUE RANGE BANDS, also simple moving average, buy when green appears, and sell when the red come over, good trading bye.
