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NQ 1 minute Scalping Indicator For ThinkOrSwim

iAskQs

Member
I recently came upon a nice scalping strategy:
. I coded it for thinkscript and figured I should share it with all you wonderful people here. Designed for NQ 1m, but I see good, bigger trades on 2m as well (I have only traded it on sim thus far). On the 2m, it basically functions as a nice pullback entry in a trend. While the strat creator's only requirement is being above/below 10 ema, I decided to use a 10-20-50 ema filter to get rid of bad signals in chop. There is likely a better trend filter but this gets the job done. I prefer to use my own judgment on whether we're trending or not; the filter merely serves to clean up unnecessary arrows on my chart.

Enjoy, and I look forward to your feedback.

Code:
# Shimi's Scalp Pro Elite Platinum Extreme; Deluxe Edition.
# Based on Quant Trade Edge's Strategy in https://www.youtube.com/watch?v=lhW5czmfc14
# Original Strategy is for NQ 1 minute chart, long only above 10ema and short only below 10ema, risking 1 ATR for .5 ATR target.

# Start EMA
input price = close;
input length = 10;
input displace = 0;

def ema = expAverage(price[-displace], length);
def ema20 = expAverage (price, length=20);
def ema50 = expAverage (price, length=50);

def bull = close > open and low < low[1] and high < high[1] and close > ema and ema > ema20 and ema20 > ema50;
def bear = close < open and low > low[1] and high > high[1] and close < ema and ema < ema20 and ema20 < ema50;

plot upsignal = bull;
plot downsignal = bear;
UpSignal.SetDefaultColor(Color.UPTICK);
UpSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
DownSignal.SetDefaultColor(Color.DOWNTICK);
DownSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
 

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Can this be used in a daily chart?
I don't know its effectiveness on the daily, but the logic should apply to all time frames since the market is fractal. The basic idea (for a long) is that price went below the previous candle, indicating that bears made an attempt to reverse, but bulls overtook them and close the candle green even though they didn't get higher than the previous candle's high. Plot it on a daily and see for yourself if you like the signals; that's the fastest way to see if it works on daily.
 
@iAskQs looks pretty neat... The only thing I'm confused about are the entry and exit rules. Are you supposed to enter the trade upon the closure of the signal bar or enter only once a new bar breaks above / below it? For the exit rules do you trail exit or some sort of target?
 
I recently came upon a nice scalping strategy:
. I coded it for thinkscript and figured I should share it with all you wonderful people here. Designed for NQ 1m, but I see good, bigger trades on 2m as well (I have only traded it on sim thus far). On the 2m, it basically functions as a nice pullback entry in a trend. While the strat creator's only requirement is being above/below 10 ema, I decided to use a 10-20-50 ema filter to get rid of bad signals in chop. There is likely a better trend filter but this gets the job done. I prefer to use my own judgment on whether we're trending or not; the filter merely serves to clean up unnecessary arrows on my chart.

Enjoy, and I look forward to your feedback.

Code:
# Shimi's Scalp Pro Elite Platinum Extreme; Deluxe Edition.
# Based on Quant Trade Edge's Strategy in https://www.youtube.com/watch?v=lhW5czmfc14
# Original Strategy is for NQ 1 minute chart, long only above 10ema and short only below 10ema, risking 1 ATR for .5 ATR target.

# Start EMA
input price = close;
input length = 10;
input displace = 0;

def ema = expAverage(price[-displace], length);
def ema20 = expAverage (price, length=20);
def ema50 = expAverage (price, length=50);

def bull = close > open and low < low[1] and high < high[1] and close > ema and ema > ema20 and ema20 > ema50;
def bear = close < open and low > low[1] and high > high[1] and close < ema and ema < ema20 and ema20 < ema50;

plot upsignal = bull;
plot downsignal = bear;
UpSignal.SetDefaultColor(Color.UPTICK);
UpSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
DownSignal.SetDefaultColor(Color.DOWNTICK);
DownSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
Thank you for sharing with us.... do you think is possible to add the blue and red dot pattern? thanks in advance
 
@iAskQs looks pretty neat... The only thing I'm confused about are the entry and exit rules. Are you supposed to enter the trade upon the closure of the signal bar or enter only once a new bar breaks above / below it? For the exit rules do you trail exit or some sort of target?
Entry one tick above/below signal bar, as the video instructs. For exit he recommends going for .5 ATR or trader determining best exit (trailing, taking more points, etc.), so that's up to you.
 
Thank you for sharing with us.... do you think is possible to add the blue and red dot pattern? thanks in advance
You're referring to hoagies. That's a separate entry strategy and can be made into a separate indicator by whomever is interested. I'm not a coder so it would take me too long to figure it out but it is quite simple in concept (essentially inside bars). In fact, there are already some scripts on this site for inside bar variations.
 
I added a profit calc to this, assuming a long was an upsignal and short a downsignal. I personally then like to set TradeDaytimeOnly to yes, since, I'm not trading 24 hours a day, so I set my times I'm available and it will exit prior to end of day. Something to play with and you can try it on different stocks/futures and timeframes. You can code in your own stops as well.

Ruby:
# Shimi's Scalp Pro Elite Platinum Extreme; Deluxe Edition.
# Based on Quant Trade Edge's Strategy in https://www.youtube.com/watch?v=lhW5czmfc14
# Original Strategy is for NQ 1 minute chart, long only above 10ema and short only below 10ema, risking 1 ATR for .5 ATR target.

# Start EMA
input price = close;
input length = 10;
input displace = 0;

def ema = expAverage(price[-displace], length);
def ema20 = expAverage (price, length=20);
def ema50 = expAverage (price, length=50);

def bull = close > open and low < low[1] and high < high[1] and close > ema and ema > ema20 and ema20 > ema50;
def bear = close < open and low > low[1] and high > high[1] and close < ema and ema < ema20 and ema20 < ema50;

def upsignal = bull;
def downsignal = bear;
#UpSignal.SetDefaultColor(Color.UPTICK);
#UpSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
#DownSignal.SetDefaultColor(Color.DOWNTICK);
#DownSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

###------------------------------------------------------------------------------------------
# Profit and Loss Labels
#
# Fill in the 0>0 in the Create Signals section below to match your buy and sell signal conditions
#
# When using large amounts of hisorical data, P/L may take time to calculate
###------------------------------------------------------------------------------------------

input showSignals = yes; #hint showSignals: show buy and sell arrows
input LongTrades = yes; #hint LongTrades: perform long trades
input ShortTrades = yes; #hint ShortTrades: perform short trades
input showLabels  = yes; #hint showLabels: show PL labels at top
input showBubbles = yes; #hint showBubbles: show PL bubbles at close of trade
input useStops = no;     #hint useStops: use stop orders
input useAlerts = no;    #hint useAlerts: use alerts on signals
input tradeDaytimeOnly = no; #hint tradeDaytimeOnly: (IntraDay Only) Only perform trades during hours stated
input OpenTime = 0930; #hint OpenTime: Opening time of market
input CloseTime = 1600; #hint CloseTime: Closing time of market


def Begin = secondsfromTime(OpenTime);
def End = secondsTillTime(closetime);
# Only use market hours when using intraday timeframe
def isIntraDay = if getaggregationperiod() > 14400000 or getaggregationperiod()==0 then 0 else 1;
def MarketOpen = if !tradeDaytimeOnly or !isIntraDay then 1 else if tradeDaytimeOnly and isIntraDay and Begin > 0 and End > 0 then 1 else 0;
###------------------------------------------------------------------------------------------

######################################################
##  Create Signals -
##  FILL IN THIS SECTION
##      replace 0>0 with your conditions for signals
######################################################

def PLBuySignal = if  MarketOpen AND (upsignal) then 1 else 0 ; # insert condition to create long position in place of the 0>0
def PLSellSignal =  if MarketOpen AND (downsignal) then 1 else 0; # insert condition to create short position in place of the 0>0

def PLBuyStop  = if !useStops then 0 else if  (0>0) then 1 else 0  ; # insert condition to stop in place of the 0<0
def PLSellStop = if !useStops then 0 else if (0>0) then 1 else 0  ; # insert condition to stop in place of the 0>0

def PLMktStop = if MarketOpen[-1] == 0 then 1 else 0; # If tradeDaytimeOnly is set, then stop at end of day


#######################################
##  Maintain the position of trades
#######################################

def CurrentPosition;  # holds whether flat = 0 long = 1 short = -1

if (BarNumber()==1) OR isNaN(CurrentPosition[1]) {
    CurrentPosition = 0;
}else{
        if CurrentPosition[1] == 0 {            # FLAT
            if (PLBuySignal AND LongTrades) {
                CurrentPosition = 1;
            } else if (PLSellSignal AND ShortTrades){
                CurrentPosition = -1;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else if CurrentPosition[1] == 1 {      # LONG
            if (PLSellSignal AND ShortTrades){
                CurrentPosition = -1;
            } else if ((PLBuyStop and useStops) or PLMktStop or (PLSellSignal AND ShortTrades==0)){
                CurrentPosition = 0;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else if CurrentPosition[1] == -1 {     # SHORT
            if (PLBuySignal AND LongTrades){
                CurrentPosition = 1;
            } else if ((PLSellStop and useStops) or PLMktStop or (PlBuySignal and LongTrades==0)){
                CurrentPosition = 0;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else {
            CurrentPosition = CurrentPosition[1];
       }
}


def isLong  = if CurrentPosition == 1 then 1 else 0;
def isShort = if CurrentPosition == -1 then 1 else 0;
def isFlat  = if CurrentPosition == 0 then 1 else 0;

# If not already long and get a PLBuySignal
#Plot BuySig = if (!isLong[1] and PLBuySignal and showSignals and LongTrades) then 1 else 0;
Plot BuySig = if (((isShort[1] and LongTrades) or (isFlat[1] and LongTrades)) and PLBuySignal and showSignals) then 1 else 0;
BuySig.AssignValueColor(color.cyan);
BuySig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
BuySig.SetLineWeight(5);

Alert(BuySig and useAlerts, "Buy Signal",Alert.bar,sound.Ding);
Alert(BuySig and useAlerts, "Buy Signal",Alert.bar,sound.Ding);

# If not already short and get a PLSellSignal
Plot SellSig = if (((isLong[1] and ShortTrades) or (isFlat[1] and ShortTrades)) and PLSellSignal and showSignals) then 1 else 0;
SellSig.AssignValueColor(color.cyan);
SellSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
SellSig.SetLineWeight(5);

Alert(SellSig and useAlerts, "Sell Signal",Alert.bar,sound.Ding);
Alert(SellSig and useAlerts, "Sell Signal",Alert.bar,sound.Ding);

# If long and get a PLBuyStop
Plot BuyStpSig = if (PLBuyStop and isLong[1] and showSignals and useStops) or (isLong[1] and PLMktStop) or (isLong[1] and PLSellSignal and !ShortTrades) then 1 else 0;
BuyStpSig.AssignValueColor(color.light_gray);
BuyStpSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
BuyStpSig.SetLineWeight(3);

Alert(BuyStpSig and useAlerts, "Buy Stop Signal",Alert.bar,sound.Ding);
Alert(BuyStpSig and useAlerts, "Buy Stop Signal",Alert.bar,sound.Ding);


# If short and get a PLSellStop
Plot SellStpSig = if (PLSellStop and isShort[1] and showSignals and useStops) or (isShort[1] and PLMktStop) or (isShort[1] and PLBuySignal and !LongTrades) then 1 else 0;
SellStpSig.AssignValueColor(color.light_gray);
SellStpSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
SellStpSig.SetLineWeight(3);

Alert(SellStpSig and useAlerts, "Sell Stop Signal",Alert.bar,sound.Ding);
Alert(SellStpSig and useAlerts, "Sell Stop Signal",Alert.bar,sound.Ding);


#######################################
##  Orders
#######################################

def isOrder = if ((isFlat[1] and (BuySig and LongTrades) or (SellSig and ShortTrades)) or (isLong[1] and BuyStpSig or (SellSig and ShortTrades)) or (isShort[1] and SellStpSig or (BuySig and LongTrades))) then 1 else 0 ;
# If there is an order, then the price is the next days close
def orderPrice = if (isOrder and ((BuySig and LongTrades) or (SellSig and ShortTrades))) then close else orderPrice[1];

def orderCount = compoundValue(1,if isNan(isOrder) or barnumber()==1 then 0 else if (BuySig or SellSig) then orderCount[1]+1 else orderCount[1],0);


#######################################
##  Price and Profit
#######################################

def profitLoss;


if (!isOrder or orderPRice[1]==0){
    profitLoss = 0;
} else if ((isOrder and isLong[1]) and (SellSig or BuyStpSig)){
    profitLoss = close - orderPrice[1];
} else if ((isOrder and isShort[1]) and (BuySig or SellStpSig)) {
    profitLoss = orderPrice[1] - close;
} else {
    profitLoss = 0;
}


# Total Profit or Loss
def profitLossSum = compoundValue(1, if isNaN(isOrder)  or barnumber()==1 then 0 else if isOrder then profitLossSum[1] + profitLoss else profitLossSum[1], 0);

# How many trades won or lost
def profitWinners = compoundValue(1, if isNaN(profitWinners[1]) or barnumber()==1 then 0 else if isOrder and profitLoss > 0 then profitWinners[1] + 1 else profitWinners[1], 0);
def profitLosers = compoundValue(1, if isNaN(profitLosers[1])  or barnumber()==1 then 0 else if isOrder and profitLoss < 0 then profitLosers[1] + 1 else profitLosers[1], 0);
def profitPush = compoundValue(1, if isNaN(profitPush[1])  or barnumber()==1 then 0 else if isOrder and profitLoss == 0 then profitPush[1] + 1 else profitPush[1], 0);

# Current Open Trade Profit or Loss
def TradePL = If isLong then Round(((close - orderprice)/TickSize())*TickValue()) else if isShort then Round(((orderPrice - close)/TickSize())*TickValue()) else 0;

# Convert to actual dollars based on Tick Value for bubbles
def dollarProfitLoss = if orderPRice[1]==0 or isNaN(orderPrice[1]) then 0 else round((profitLoss/Ticksize())*Tickvalue());

# Closed Orders dollar P/L
def dollarPLSum = round((profitLossSum/Ticksize())*Tickvalue());


# Split profits or losses by long and short trades
def profitLong = compoundValue(1, if isNan(profitLong[1])  or barnumber()==1 then 0 else if isOrder and isLong[1] then profitLong[1]+dollarProfitLoss else profitLong[1],0);
def profitShort = compoundValue(1, if isNan(profitShort[1])  or barnumber()==1 then 0 else if isOrder and isShort[1] then profitShort[1]+dollarProfitLoss else profitShort[1],0);
def countLong = compoundValue(1, if isNaN(countLong[1])  or barnumber()==1 then 0 else if isOrder and isLong[1] then countLong[1]+1 else countLong[1],0);
def countShort = compoundValue(1, if isNaN(countShort[1])  or barnumber()==1 then 0 else if isOrder and isShort[1] then countShort[1]+1 else countShort[1],0);

# What was the biggest winning and losing trade
def biggestWin = compoundValue(1, if isNaN(biggestWin[1]) or barnumber()==1 then 0 else if isOrder and (dollarProfitLoss > 0) and (dollarProfitLoss > biggestWin[1]) then dollarProfitLoss else biggestWin[1], 0);
def biggestLoss = compoundValue(1, if isNaN(biggestLoss[1]) or barnumber()==1 then 0 else if isOrder and (dollarProfitLoss < 0) and (dollarProfitLoss < biggestLoss[1]) then dollarProfitLoss else biggestLoss[1], 0);

def ClosedTradeCount = if (isLong or isShort) then orderCount-1 else orderCount;
def OpenTrades = if (isLong or isShort) then 1 else 0;


# What percent were winners
def PCTWin = if (OpenTrades and (TradePL < 0)) then round((profitWinners/(ClosedTradeCount+1))*100,2)
else if (OpenTrades and (TradePL > 0)) then round(((profitWinners+1)/(ClosedTradeCount+1))*100,2) else round(((profitWinners)/(ClosedTradeCount))*100,2) ;

# Average trade
def avgTrade = if (OpenTrades and (TradePL < 0)) then round(((dollarPLSum - TradePL)/(ClosedTradeCount+1)),2)
else if (OpenTrades and (TradePL > 0)) then round(((dollarPLSum + TradePL)/(ClosedTradeCount+1)),2) else round(((dollarPLSum)/(ClosedTradeCount)),2) ;


#######################################
##  Create Labels
#######################################


AddLabel(showLabels and isIntraDay, if MarketOpen then "Market Open" else "Market Closed", color.white);
AddLabel(showLabels, GetSymbol()+" Tick Size: "+TickSize()+" Value: "+TickValue(), color.white);
AddLabel(showLabels and (LongTrades and ShortTrades), "Long+Short Trades", color.white);
AddLabel(showLabels and (LongTrades and !ShortTrades),"Long Trades Only", color.white);
AddLabel(showLabels and (!LongTrades and ShortTrades),"Short Trades Only", color.white);
AddLabel(showLabels, "Closed Orders: " + ClosedTradeCount + " P/L: " + AsDollars(dollarPLSum), if dollarPLSum > 0 then Color.GREEN else if dollarPLSum< 0 then Color.RED else Color.GRAY);
AddLabel(if !IsNan(orderPrice) and showLabels then 1 else 0, "Closed+Open P/L: "+ AsDollars(TradePL+dollarPLSum), if ((TradePL+dollarPLSum) > 0) then color.green else if ((TradePL+dollarPLSum) < 0) then color.red else color.gray);

AddLabel(showLabels, "Avg per Trade: "+ AsDollars(avgTrade), if avgTrade > 0 then Color.Green else if avgTrade < 0 then Color.RED else Color.GRAY);
AddLabel(showLabels, "Winners: "+ PCTWin +"%",if PCTWin > 50 then color.green else if PCTWin > 40 then color.yellow else color.gray);

AddLabel(showLabels, "MaxUp: "+ AsDollars(biggestWin) +" MaxDown: "+AsDollars(biggestLoss), color.white);
AddLabel(showLabels, "Long Profit: " +AsDollars(profitLong), if profitLong > 0 then color.green else if profitLong < 0 then color.red else color.gray);
AddLabel(showLabels, "Short Profit: " +AsDollars(profitShort), if profitShort > 0 then color.green else if profitShort < 0 then color.red else color.gray);
AddLabel(if !IsNan(CurrentPosition) and showLabels and OpenTrades then 1 else 0, "Open: "+ (If isLong then "Bought" else "Sold") + " @ "+orderPrice, color.white);
AddLabel(if !IsNan(orderPrice) and showLabels and OpenTrades then 1 else 0, "Open Trade P/L: "+ AsDollars(TradePL), if (TradePL > 0) then color.green else if (TradePl < 0) then color.red else color.gray);



#######################################
##  Chart Bubbles for Profit/Loss
#######################################


AddChartBubble(showSignals and showBubbles and isOrder and isLong[1], low, "$"+dollarProfitLoss, if dollarProfitLoss == 0 then Color.LIGHT_GRAY else if dollarProfitLoss > 0 then Color.GREEN else color.Red, 0);
AddChartBubble(showSignals and showBubbles and isOrder and isShort[1], high,  "$"+dollarProfitLoss, if dollarProfitLoss == 0 then Color.LIGHT_GRAY else if dollarProfitLoss > 0 then Color.GREEN else color.Red, 1);

#AssignPriceColor(if CurrentPosition == 1 then color.green else if CurrentPosition == -1 then color.red else color.gray);

30 day 1min NQ trading daytime only long and short trades
8RO0Uja.png
 
For a basic ATR Trailing stop replace these lines:

def PLBuyStop = if !useStops then 0 else if (ATRTrailingStop() > close ) then 1 else 0 ; # insert condition to stop in place of the 0<0
def PLSellStop = if !useStops then 0 else if (ATRTrailingStop() < close ) then 1 else 0 ; # insert condition to stop in place of the 0>0

and turn useStops on.


With ATR Trail stop on (daytime trades only)
2DDfMAE.png
 
I added a profit calc to this, assuming a long was an upsignal and short a downsignal. I personally then like to set TradeDaytimeOnly to yes, since, I'm not trading 24 hours a day, so I set my times I'm available and it will exit prior to end of day. Something to play with and you can try it on different stocks/futures and timeframes. You can code in your own stops as well.

Ruby:
# Shimi's Scalp Pro Elite Platinum Extreme; Deluxe Edition.
# Based on Quant Trade Edge's Strategy in https://www.youtube.com/watch?v=lhW5czmfc14
# Original Strategy is for NQ 1 minute chart, long only above 10ema and short only below 10ema, risking 1 ATR for .5 ATR target.

# Start EMA
input price = close;
input length = 10;
input displace = 0;

def ema = expAverage(price[-displace], length);
def ema20 = expAverage (price, length=20);
def ema50 = expAverage (price, length=50);

def bull = close > open and low < low[1] and high < high[1] and close > ema and ema > ema20 and ema20 > ema50;
def bear = close < open and low > low[1] and high > high[1] and close < ema and ema < ema20 and ema20 < ema50;

def upsignal = bull;
def downsignal = bear;
#UpSignal.SetDefaultColor(Color.UPTICK);
#UpSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
#DownSignal.SetDefaultColor(Color.DOWNTICK);
#DownSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

###------------------------------------------------------------------------------------------
# Profit and Loss Labels
#
# Fill in the 0>0 in the Create Signals section below to match your buy and sell signal conditions
#
# When using large amounts of hisorical data, P/L may take time to calculate
###------------------------------------------------------------------------------------------

input showSignals = yes; #hint showSignals: show buy and sell arrows
input LongTrades = yes; #hint LongTrades: perform long trades
input ShortTrades = yes; #hint ShortTrades: perform short trades
input showLabels  = yes; #hint showLabels: show PL labels at top
input showBubbles = yes; #hint showBubbles: show PL bubbles at close of trade
input useStops = no;     #hint useStops: use stop orders
input useAlerts = no;    #hint useAlerts: use alerts on signals
input tradeDaytimeOnly = no; #hint tradeDaytimeOnly: (IntraDay Only) Only perform trades during hours stated
input OpenTime = 0930; #hint OpenTime: Opening time of market
input CloseTime = 1600; #hint CloseTime: Closing time of market


def Begin = secondsfromTime(OpenTime);
def End = secondsTillTime(closetime);
# Only use market hours when using intraday timeframe
def isIntraDay = if getaggregationperiod() > 14400000 or getaggregationperiod()==0 then 0 else 1;
def MarketOpen = if !tradeDaytimeOnly or !isIntraDay then 1 else if tradeDaytimeOnly and isIntraDay and Begin > 0 and End > 0 then 1 else 0;
###------------------------------------------------------------------------------------------

######################################################
##  Create Signals -
##  FILL IN THIS SECTION
##      replace 0>0 with your conditions for signals
######################################################

def PLBuySignal = if  MarketOpen AND (upsignal) then 1 else 0 ; # insert condition to create long position in place of the 0>0
def PLSellSignal =  if MarketOpen AND (downsignal) then 1 else 0; # insert condition to create short position in place of the 0>0

def PLBuyStop  = if !useStops then 0 else if  (0>0) then 1 else 0  ; # insert condition to stop in place of the 0<0
def PLSellStop = if !useStops then 0 else if (0>0) then 1 else 0  ; # insert condition to stop in place of the 0>0

def PLMktStop = if MarketOpen[-1] == 0 then 1 else 0; # If tradeDaytimeOnly is set, then stop at end of day


#######################################
##  Maintain the position of trades
#######################################

def CurrentPosition;  # holds whether flat = 0 long = 1 short = -1

if (BarNumber()==1) OR isNaN(CurrentPosition[1]) {
    CurrentPosition = 0;
}else{
        if CurrentPosition[1] == 0 {            # FLAT
            if (PLBuySignal AND LongTrades) {
                CurrentPosition = 1;
            } else if (PLSellSignal AND ShortTrades){
                CurrentPosition = -1;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else if CurrentPosition[1] == 1 {      # LONG
            if (PLSellSignal AND ShortTrades){
                CurrentPosition = -1;
            } else if ((PLBuyStop and useStops) or PLMktStop or (PLSellSignal AND ShortTrades==0)){
                CurrentPosition = 0;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else if CurrentPosition[1] == -1 {     # SHORT
            if (PLBuySignal AND LongTrades){
                CurrentPosition = 1;
            } else if ((PLSellStop and useStops) or PLMktStop or (PlBuySignal and LongTrades==0)){
                CurrentPosition = 0;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else {
            CurrentPosition = CurrentPosition[1];
       }
}


def isLong  = if CurrentPosition == 1 then 1 else 0;
def isShort = if CurrentPosition == -1 then 1 else 0;
def isFlat  = if CurrentPosition == 0 then 1 else 0;

# If not already long and get a PLBuySignal
#Plot BuySig = if (!isLong[1] and PLBuySignal and showSignals and LongTrades) then 1 else 0;
Plot BuySig = if (((isShort[1] and LongTrades) or (isFlat[1] and LongTrades)) and PLBuySignal and showSignals) then 1 else 0;
BuySig.AssignValueColor(color.cyan);
BuySig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
BuySig.SetLineWeight(5);

Alert(BuySig and useAlerts, "Buy Signal",Alert.bar,sound.Ding);
Alert(BuySig and useAlerts, "Buy Signal",Alert.bar,sound.Ding);

# If not already short and get a PLSellSignal
Plot SellSig = if (((isLong[1] and ShortTrades) or (isFlat[1] and ShortTrades)) and PLSellSignal and showSignals) then 1 else 0;
SellSig.AssignValueColor(color.cyan);
SellSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
SellSig.SetLineWeight(5);

Alert(SellSig and useAlerts, "Sell Signal",Alert.bar,sound.Ding);
Alert(SellSig and useAlerts, "Sell Signal",Alert.bar,sound.Ding);

# If long and get a PLBuyStop
Plot BuyStpSig = if (PLBuyStop and isLong[1] and showSignals and useStops) or (isLong[1] and PLMktStop) or (isLong[1] and PLSellSignal and !ShortTrades) then 1 else 0;
BuyStpSig.AssignValueColor(color.light_gray);
BuyStpSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
BuyStpSig.SetLineWeight(3);

Alert(BuyStpSig and useAlerts, "Buy Stop Signal",Alert.bar,sound.Ding);
Alert(BuyStpSig and useAlerts, "Buy Stop Signal",Alert.bar,sound.Ding);


# If short and get a PLSellStop
Plot SellStpSig = if (PLSellStop and isShort[1] and showSignals and useStops) or (isShort[1] and PLMktStop) or (isShort[1] and PLBuySignal and !LongTrades) then 1 else 0;
SellStpSig.AssignValueColor(color.light_gray);
SellStpSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
SellStpSig.SetLineWeight(3);

Alert(SellStpSig and useAlerts, "Sell Stop Signal",Alert.bar,sound.Ding);
Alert(SellStpSig and useAlerts, "Sell Stop Signal",Alert.bar,sound.Ding);


#######################################
##  Orders
#######################################

def isOrder = if ((isFlat[1] and (BuySig and LongTrades) or (SellSig and ShortTrades)) or (isLong[1] and BuyStpSig or (SellSig and ShortTrades)) or (isShort[1] and SellStpSig or (BuySig and LongTrades))) then 1 else 0 ;
# If there is an order, then the price is the next days close
def orderPrice = if (isOrder and ((BuySig and LongTrades) or (SellSig and ShortTrades))) then close else orderPrice[1];

def orderCount = compoundValue(1,if isNan(isOrder) or barnumber()==1 then 0 else if (BuySig or SellSig) then orderCount[1]+1 else orderCount[1],0);


#######################################
##  Price and Profit
#######################################

def profitLoss;


if (!isOrder or orderPRice[1]==0){
    profitLoss = 0;
} else if ((isOrder and isLong[1]) and (SellSig or BuyStpSig)){
    profitLoss = close - orderPrice[1];
} else if ((isOrder and isShort[1]) and (BuySig or SellStpSig)) {
    profitLoss = orderPrice[1] - close;
} else {
    profitLoss = 0;
}


# Total Profit or Loss
def profitLossSum = compoundValue(1, if isNaN(isOrder)  or barnumber()==1 then 0 else if isOrder then profitLossSum[1] + profitLoss else profitLossSum[1], 0);

# How many trades won or lost
def profitWinners = compoundValue(1, if isNaN(profitWinners[1]) or barnumber()==1 then 0 else if isOrder and profitLoss > 0 then profitWinners[1] + 1 else profitWinners[1], 0);
def profitLosers = compoundValue(1, if isNaN(profitLosers[1])  or barnumber()==1 then 0 else if isOrder and profitLoss < 0 then profitLosers[1] + 1 else profitLosers[1], 0);
def profitPush = compoundValue(1, if isNaN(profitPush[1])  or barnumber()==1 then 0 else if isOrder and profitLoss == 0 then profitPush[1] + 1 else profitPush[1], 0);

# Current Open Trade Profit or Loss
def TradePL = If isLong then Round(((close - orderprice)/TickSize())*TickValue()) else if isShort then Round(((orderPrice - close)/TickSize())*TickValue()) else 0;

# Convert to actual dollars based on Tick Value for bubbles
def dollarProfitLoss = if orderPRice[1]==0 or isNaN(orderPrice[1]) then 0 else round((profitLoss/Ticksize())*Tickvalue());

# Closed Orders dollar P/L
def dollarPLSum = round((profitLossSum/Ticksize())*Tickvalue());


# Split profits or losses by long and short trades
def profitLong = compoundValue(1, if isNan(profitLong[1])  or barnumber()==1 then 0 else if isOrder and isLong[1] then profitLong[1]+dollarProfitLoss else profitLong[1],0);
def profitShort = compoundValue(1, if isNan(profitShort[1])  or barnumber()==1 then 0 else if isOrder and isShort[1] then profitShort[1]+dollarProfitLoss else profitShort[1],0);
def countLong = compoundValue(1, if isNaN(countLong[1])  or barnumber()==1 then 0 else if isOrder and isLong[1] then countLong[1]+1 else countLong[1],0);
def countShort = compoundValue(1, if isNaN(countShort[1])  or barnumber()==1 then 0 else if isOrder and isShort[1] then countShort[1]+1 else countShort[1],0);

# What was the biggest winning and losing trade
def biggestWin = compoundValue(1, if isNaN(biggestWin[1]) or barnumber()==1 then 0 else if isOrder and (dollarProfitLoss > 0) and (dollarProfitLoss > biggestWin[1]) then dollarProfitLoss else biggestWin[1], 0);
def biggestLoss = compoundValue(1, if isNaN(biggestLoss[1]) or barnumber()==1 then 0 else if isOrder and (dollarProfitLoss < 0) and (dollarProfitLoss < biggestLoss[1]) then dollarProfitLoss else biggestLoss[1], 0);

def ClosedTradeCount = if (isLong or isShort) then orderCount-1 else orderCount;
def OpenTrades = if (isLong or isShort) then 1 else 0;


# What percent were winners
def PCTWin = if (OpenTrades and (TradePL < 0)) then round((profitWinners/(ClosedTradeCount+1))*100,2)
else if (OpenTrades and (TradePL > 0)) then round(((profitWinners+1)/(ClosedTradeCount+1))*100,2) else round(((profitWinners)/(ClosedTradeCount))*100,2) ;

# Average trade
def avgTrade = if (OpenTrades and (TradePL < 0)) then round(((dollarPLSum - TradePL)/(ClosedTradeCount+1)),2)
else if (OpenTrades and (TradePL > 0)) then round(((dollarPLSum + TradePL)/(ClosedTradeCount+1)),2) else round(((dollarPLSum)/(ClosedTradeCount)),2) ;


#######################################
##  Create Labels
#######################################


AddLabel(showLabels and isIntraDay, if MarketOpen then "Market Open" else "Market Closed", color.white);
AddLabel(showLabels, GetSymbol()+" Tick Size: "+TickSize()+" Value: "+TickValue(), color.white);
AddLabel(showLabels and (LongTrades and ShortTrades), "Long+Short Trades", color.white);
AddLabel(showLabels and (LongTrades and !ShortTrades),"Long Trades Only", color.white);
AddLabel(showLabels and (!LongTrades and ShortTrades),"Short Trades Only", color.white);
AddLabel(showLabels, "Closed Orders: " + ClosedTradeCount + " P/L: " + AsDollars(dollarPLSum), if dollarPLSum > 0 then Color.GREEN else if dollarPLSum< 0 then Color.RED else Color.GRAY);
AddLabel(if !IsNan(orderPrice) and showLabels then 1 else 0, "Closed+Open P/L: "+ AsDollars(TradePL+dollarPLSum), if ((TradePL+dollarPLSum) > 0) then color.green else if ((TradePL+dollarPLSum) < 0) then color.red else color.gray);

AddLabel(showLabels, "Avg per Trade: "+ AsDollars(avgTrade), if avgTrade > 0 then Color.Green else if avgTrade < 0 then Color.RED else Color.GRAY);
AddLabel(showLabels, "Winners: "+ PCTWin +"%",if PCTWin > 50 then color.green else if PCTWin > 40 then color.yellow else color.gray);

AddLabel(showLabels, "MaxUp: "+ AsDollars(biggestWin) +" MaxDown: "+AsDollars(biggestLoss), color.white);
AddLabel(showLabels, "Long Profit: " +AsDollars(profitLong), if profitLong > 0 then color.green else if profitLong < 0 then color.red else color.gray);
AddLabel(showLabels, "Short Profit: " +AsDollars(profitShort), if profitShort > 0 then color.green else if profitShort < 0 then color.red else color.gray);
AddLabel(if !IsNan(CurrentPosition) and showLabels and OpenTrades then 1 else 0, "Open: "+ (If isLong then "Bought" else "Sold") + " @ "+orderPrice, color.white);
AddLabel(if !IsNan(orderPrice) and showLabels and OpenTrades then 1 else 0, "Open Trade P/L: "+ AsDollars(TradePL), if (TradePL > 0) then color.green else if (TradePl < 0) then color.red else color.gray);



#######################################
##  Chart Bubbles for Profit/Loss
#######################################


AddChartBubble(showSignals and showBubbles and isOrder and isLong[1], low, "$"+dollarProfitLoss, if dollarProfitLoss == 0 then Color.LIGHT_GRAY else if dollarProfitLoss > 0 then Color.GREEN else color.Red, 0);
AddChartBubble(showSignals and showBubbles and isOrder and isShort[1], high,  "$"+dollarProfitLoss, if dollarProfitLoss == 0 then Color.LIGHT_GRAY else if dollarProfitLoss > 0 then Color.GREEN else color.Red, 1);

#AssignPriceColor(if CurrentPosition == 1 then color.green else if CurrentPosition == -1 then color.red else color.gray);

30 day 1min NQ trading daytime only long and short trades
8RO0Uja.png
thank you very much for this great system... i love your profit adds on.. how can i add it to a another strategy? thank you in advance.
 
thank you very much for this great system... i love your profit adds on.. how can i add it to a another strategy? thank you in advance.

It's for studies not strategies if we're talking TOS semantics. Basically, just copy from the above code starting from the Profit and Loss Labels comment all the way down. Then fill in your buy and sell signals where it says upsignal and buysignal in the PLBuySignal and PLSellSignal lines. Then, set your inputs to whatever you want and that's it.

Or... here it is as it's own study just for copy and paste purposes (can't be added as a study directly) http://tos.mx/kJz9mXW
 
I added a profit calc to this, assuming a long was an upsignal and short a downsignal. I personally then like to set TradeDaytimeOnly to yes, since, I'm not trading 24 hours a day, so I set my times I'm available and it will exit prior to end of day. Something to play with and you can try it on different stocks/futures and timeframes. You can code in your own stops as well.

Ruby:
# Shimi's Scalp Pro Elite Platinum Extreme; Deluxe Edition.
# Based on Quant Trade Edge's Strategy in https://www.youtube.com/watch?v=lhW5czmfc14
# Original Strategy is for NQ 1 minute chart, long only above 10ema and short only below 10ema, risking 1 ATR for .5 ATR target.

# Start EMA
input price = close;
input length = 10;
input displace = 0;

def ema = expAverage(price[-displace], length);
def ema20 = expAverage (price, length=20);
def ema50 = expAverage (price, length=50);

def bull = close > open and low < low[1] and high < high[1] and close > ema and ema > ema20 and ema20 > ema50;
def bear = close < open and low > low[1] and high > high[1] and close < ema and ema < ema20 and ema20 < ema50;

def upsignal = bull;
def downsignal = bear;
#UpSignal.SetDefaultColor(Color.UPTICK);
#UpSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
#DownSignal.SetDefaultColor(Color.DOWNTICK);
#DownSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);

###------------------------------------------------------------------------------------------
# Profit and Loss Labels
#
# Fill in the 0>0 in the Create Signals section below to match your buy and sell signal conditions
#
# When using large amounts of hisorical data, P/L may take time to calculate
###------------------------------------------------------------------------------------------

input showSignals = yes; #hint showSignals: show buy and sell arrows
input LongTrades = yes; #hint LongTrades: perform long trades
input ShortTrades = yes; #hint ShortTrades: perform short trades
input showLabels  = yes; #hint showLabels: show PL labels at top
input showBubbles = yes; #hint showBubbles: show PL bubbles at close of trade
input useStops = no;     #hint useStops: use stop orders
input useAlerts = no;    #hint useAlerts: use alerts on signals
input tradeDaytimeOnly = no; #hint tradeDaytimeOnly: (IntraDay Only) Only perform trades during hours stated
input OpenTime = 0930; #hint OpenTime: Opening time of market
input CloseTime = 1600; #hint CloseTime: Closing time of market


def Begin = secondsfromTime(OpenTime);
def End = secondsTillTime(closetime);
# Only use market hours when using intraday timeframe
def isIntraDay = if getaggregationperiod() > 14400000 or getaggregationperiod()==0 then 0 else 1;
def MarketOpen = if !tradeDaytimeOnly or !isIntraDay then 1 else if tradeDaytimeOnly and isIntraDay and Begin > 0 and End > 0 then 1 else 0;
###------------------------------------------------------------------------------------------

######################################################
##  Create Signals -
##  FILL IN THIS SECTION
##      replace 0>0 with your conditions for signals
######################################################

def PLBuySignal = if  MarketOpen AND (upsignal) then 1 else 0 ; # insert condition to create long position in place of the 0>0
def PLSellSignal =  if MarketOpen AND (downsignal) then 1 else 0; # insert condition to create short position in place of the 0>0

def PLBuyStop  = if !useStops then 0 else if  (0>0) then 1 else 0  ; # insert condition to stop in place of the 0<0
def PLSellStop = if !useStops then 0 else if (0>0) then 1 else 0  ; # insert condition to stop in place of the 0>0

def PLMktStop = if MarketOpen[-1] == 0 then 1 else 0; # If tradeDaytimeOnly is set, then stop at end of day


#######################################
##  Maintain the position of trades
#######################################

def CurrentPosition;  # holds whether flat = 0 long = 1 short = -1

if (BarNumber()==1) OR isNaN(CurrentPosition[1]) {
    CurrentPosition = 0;
}else{
        if CurrentPosition[1] == 0 {            # FLAT
            if (PLBuySignal AND LongTrades) {
                CurrentPosition = 1;
            } else if (PLSellSignal AND ShortTrades){
                CurrentPosition = -1;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else if CurrentPosition[1] == 1 {      # LONG
            if (PLSellSignal AND ShortTrades){
                CurrentPosition = -1;
            } else if ((PLBuyStop and useStops) or PLMktStop or (PLSellSignal AND ShortTrades==0)){
                CurrentPosition = 0;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else if CurrentPosition[1] == -1 {     # SHORT
            if (PLBuySignal AND LongTrades){
                CurrentPosition = 1;
            } else if ((PLSellStop and useStops) or PLMktStop or (PlBuySignal and LongTrades==0)){
                CurrentPosition = 0;
            } else {
                CurrentPosition = CurrentPosition[1];
            }
       } else {
            CurrentPosition = CurrentPosition[1];
       }
}


def isLong  = if CurrentPosition == 1 then 1 else 0;
def isShort = if CurrentPosition == -1 then 1 else 0;
def isFlat  = if CurrentPosition == 0 then 1 else 0;

# If not already long and get a PLBuySignal
#Plot BuySig = if (!isLong[1] and PLBuySignal and showSignals and LongTrades) then 1 else 0;
Plot BuySig = if (((isShort[1] and LongTrades) or (isFlat[1] and LongTrades)) and PLBuySignal and showSignals) then 1 else 0;
BuySig.AssignValueColor(color.cyan);
BuySig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
BuySig.SetLineWeight(5);

Alert(BuySig and useAlerts, "Buy Signal",Alert.bar,sound.Ding);
Alert(BuySig and useAlerts, "Buy Signal",Alert.bar,sound.Ding);

# If not already short and get a PLSellSignal
Plot SellSig = if (((isLong[1] and ShortTrades) or (isFlat[1] and ShortTrades)) and PLSellSignal and showSignals) then 1 else 0;
SellSig.AssignValueColor(color.cyan);
SellSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
SellSig.SetLineWeight(5);

Alert(SellSig and useAlerts, "Sell Signal",Alert.bar,sound.Ding);
Alert(SellSig and useAlerts, "Sell Signal",Alert.bar,sound.Ding);

# If long and get a PLBuyStop
Plot BuyStpSig = if (PLBuyStop and isLong[1] and showSignals and useStops) or (isLong[1] and PLMktStop) or (isLong[1] and PLSellSignal and !ShortTrades) then 1 else 0;
BuyStpSig.AssignValueColor(color.light_gray);
BuyStpSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
BuyStpSig.SetLineWeight(3);

Alert(BuyStpSig and useAlerts, "Buy Stop Signal",Alert.bar,sound.Ding);
Alert(BuyStpSig and useAlerts, "Buy Stop Signal",Alert.bar,sound.Ding);


# If short and get a PLSellStop
Plot SellStpSig = if (PLSellStop and isShort[1] and showSignals and useStops) or (isShort[1] and PLMktStop) or (isShort[1] and PLBuySignal and !LongTrades) then 1 else 0;
SellStpSig.AssignValueColor(color.light_gray);
SellStpSig.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
SellStpSig.SetLineWeight(3);

Alert(SellStpSig and useAlerts, "Sell Stop Signal",Alert.bar,sound.Ding);
Alert(SellStpSig and useAlerts, "Sell Stop Signal",Alert.bar,sound.Ding);


#######################################
##  Orders
#######################################

def isOrder = if ((isFlat[1] and (BuySig and LongTrades) or (SellSig and ShortTrades)) or (isLong[1] and BuyStpSig or (SellSig and ShortTrades)) or (isShort[1] and SellStpSig or (BuySig and LongTrades))) then 1 else 0 ;
# If there is an order, then the price is the next days close
def orderPrice = if (isOrder and ((BuySig and LongTrades) or (SellSig and ShortTrades))) then close else orderPrice[1];

def orderCount = compoundValue(1,if isNan(isOrder) or barnumber()==1 then 0 else if (BuySig or SellSig) then orderCount[1]+1 else orderCount[1],0);


#######################################
##  Price and Profit
#######################################

def profitLoss;


if (!isOrder or orderPRice[1]==0){
    profitLoss = 0;
} else if ((isOrder and isLong[1]) and (SellSig or BuyStpSig)){
    profitLoss = close - orderPrice[1];
} else if ((isOrder and isShort[1]) and (BuySig or SellStpSig)) {
    profitLoss = orderPrice[1] - close;
} else {
    profitLoss = 0;
}


# Total Profit or Loss
def profitLossSum = compoundValue(1, if isNaN(isOrder)  or barnumber()==1 then 0 else if isOrder then profitLossSum[1] + profitLoss else profitLossSum[1], 0);

# How many trades won or lost
def profitWinners = compoundValue(1, if isNaN(profitWinners[1]) or barnumber()==1 then 0 else if isOrder and profitLoss > 0 then profitWinners[1] + 1 else profitWinners[1], 0);
def profitLosers = compoundValue(1, if isNaN(profitLosers[1])  or barnumber()==1 then 0 else if isOrder and profitLoss < 0 then profitLosers[1] + 1 else profitLosers[1], 0);
def profitPush = compoundValue(1, if isNaN(profitPush[1])  or barnumber()==1 then 0 else if isOrder and profitLoss == 0 then profitPush[1] + 1 else profitPush[1], 0);

# Current Open Trade Profit or Loss
def TradePL = If isLong then Round(((close - orderprice)/TickSize())*TickValue()) else if isShort then Round(((orderPrice - close)/TickSize())*TickValue()) else 0;

# Convert to actual dollars based on Tick Value for bubbles
def dollarProfitLoss = if orderPRice[1]==0 or isNaN(orderPrice[1]) then 0 else round((profitLoss/Ticksize())*Tickvalue());

# Closed Orders dollar P/L
def dollarPLSum = round((profitLossSum/Ticksize())*Tickvalue());


# Split profits or losses by long and short trades
def profitLong = compoundValue(1, if isNan(profitLong[1])  or barnumber()==1 then 0 else if isOrder and isLong[1] then profitLong[1]+dollarProfitLoss else profitLong[1],0);
def profitShort = compoundValue(1, if isNan(profitShort[1])  or barnumber()==1 then 0 else if isOrder and isShort[1] then profitShort[1]+dollarProfitLoss else profitShort[1],0);
def countLong = compoundValue(1, if isNaN(countLong[1])  or barnumber()==1 then 0 else if isOrder and isLong[1] then countLong[1]+1 else countLong[1],0);
def countShort = compoundValue(1, if isNaN(countShort[1])  or barnumber()==1 then 0 else if isOrder and isShort[1] then countShort[1]+1 else countShort[1],0);

# What was the biggest winning and losing trade
def biggestWin = compoundValue(1, if isNaN(biggestWin[1]) or barnumber()==1 then 0 else if isOrder and (dollarProfitLoss > 0) and (dollarProfitLoss > biggestWin[1]) then dollarProfitLoss else biggestWin[1], 0);
def biggestLoss = compoundValue(1, if isNaN(biggestLoss[1]) or barnumber()==1 then 0 else if isOrder and (dollarProfitLoss < 0) and (dollarProfitLoss < biggestLoss[1]) then dollarProfitLoss else biggestLoss[1], 0);

def ClosedTradeCount = if (isLong or isShort) then orderCount-1 else orderCount;
def OpenTrades = if (isLong or isShort) then 1 else 0;


# What percent were winners
def PCTWin = if (OpenTrades and (TradePL < 0)) then round((profitWinners/(ClosedTradeCount+1))*100,2)
else if (OpenTrades and (TradePL > 0)) then round(((profitWinners+1)/(ClosedTradeCount+1))*100,2) else round(((profitWinners)/(ClosedTradeCount))*100,2) ;

# Average trade
def avgTrade = if (OpenTrades and (TradePL < 0)) then round(((dollarPLSum - TradePL)/(ClosedTradeCount+1)),2)
else if (OpenTrades and (TradePL > 0)) then round(((dollarPLSum + TradePL)/(ClosedTradeCount+1)),2) else round(((dollarPLSum)/(ClosedTradeCount)),2) ;


#######################################
##  Create Labels
#######################################


AddLabel(showLabels and isIntraDay, if MarketOpen then "Market Open" else "Market Closed", color.white);
AddLabel(showLabels, GetSymbol()+" Tick Size: "+TickSize()+" Value: "+TickValue(), color.white);
AddLabel(showLabels and (LongTrades and ShortTrades), "Long+Short Trades", color.white);
AddLabel(showLabels and (LongTrades and !ShortTrades),"Long Trades Only", color.white);
AddLabel(showLabels and (!LongTrades and ShortTrades),"Short Trades Only", color.white);
AddLabel(showLabels, "Closed Orders: " + ClosedTradeCount + " P/L: " + AsDollars(dollarPLSum), if dollarPLSum > 0 then Color.GREEN else if dollarPLSum< 0 then Color.RED else Color.GRAY);
AddLabel(if !IsNan(orderPrice) and showLabels then 1 else 0, "Closed+Open P/L: "+ AsDollars(TradePL+dollarPLSum), if ((TradePL+dollarPLSum) > 0) then color.green else if ((TradePL+dollarPLSum) < 0) then color.red else color.gray);

AddLabel(showLabels, "Avg per Trade: "+ AsDollars(avgTrade), if avgTrade > 0 then Color.Green else if avgTrade < 0 then Color.RED else Color.GRAY);
AddLabel(showLabels, "Winners: "+ PCTWin +"%",if PCTWin > 50 then color.green else if PCTWin > 40 then color.yellow else color.gray);

AddLabel(showLabels, "MaxUp: "+ AsDollars(biggestWin) +" MaxDown: "+AsDollars(biggestLoss), color.white);
AddLabel(showLabels, "Long Profit: " +AsDollars(profitLong), if profitLong > 0 then color.green else if profitLong < 0 then color.red else color.gray);
AddLabel(showLabels, "Short Profit: " +AsDollars(profitShort), if profitShort > 0 then color.green else if profitShort < 0 then color.red else color.gray);
AddLabel(if !IsNan(CurrentPosition) and showLabels and OpenTrades then 1 else 0, "Open: "+ (If isLong then "Bought" else "Sold") + " @ "+orderPrice, color.white);
AddLabel(if !IsNan(orderPrice) and showLabels and OpenTrades then 1 else 0, "Open Trade P/L: "+ AsDollars(TradePL), if (TradePL > 0) then color.green else if (TradePl < 0) then color.red else color.gray);



#######################################
##  Chart Bubbles for Profit/Loss
#######################################


AddChartBubble(showSignals and showBubbles and isOrder and isLong[1], low, "$"+dollarProfitLoss, if dollarProfitLoss == 0 then Color.LIGHT_GRAY else if dollarProfitLoss > 0 then Color.GREEN else color.Red, 0);
AddChartBubble(showSignals and showBubbles and isOrder and isShort[1], high,  "$"+dollarProfitLoss, if dollarProfitLoss == 0 then Color.LIGHT_GRAY else if dollarProfitLoss > 0 then Color.GREEN else color.Red, 1);

#AssignPriceColor(if CurrentPosition == 1 then color.green else if CurrentPosition == -1 then color.red else color.gray);

30 day 1min NQ trading daytime only long and short trades
8RO0Uja.png
Excellent work. I should have mentioned that I believe this is effective on all (most?) instruments. The strat creator mentions that it's good on tickers with high ATR, which is why he like it on the NQ. But I know others have tried it on ES with success.
 
Excellent work. I should have mentioned that I believe this is effective on all (most?) instruments. The strat creator mentions that it's good on tickers with high ATR, which is why he like it on the NQ. But I know others have tried it on ES with success.
The p/l on nq appears to greatly outperform the es on the 1m 30d timeframe...
 
@JoeDV That is really well done! 👏
Thanks, wanted something simple just to get a quick read on how a study would do historically without doing the whole strategy/report thing. One thing to keep in mind when doing futures, is that the P/L doesn't include the fees. So, if you're on TOS, have to subtract out about $6/trade to get actual profits.
 
Thanks, wanted something simple just to get a quick read on how a study would do historically without doing the whole strategy/report thing. One thing to keep in mind when doing futures, is that the P/L doesn't include the fees. So, if you're on TOS, have to subtract out about $6/trade to get actual profits.
Yes I am fully aware of the awful tos futures fees. I have been trading with tradovate for quite sometime and so far so good!
 
@JoeDV I've noticed whenever an entry signal appears in the opposing direction of the atrtrailingstop the bar right after it will exit. Is there a way to eliminate those signals that appear in the opposing direction or am I missing something? (Image link)
 

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