Sure. I assume that the outcome should have picked the buy and sell locations at each point or is this more of a long term strategy. I may have expected something different.
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You have Heiken candles. They gotta be regular ones to see real price action!@JoeDV Thanks for providing this. I am pretty new at this stuff. I just tested this on todays stock EFOI. This is a 1min chart. Either I am missing something or it isn't working for me.
Have you tried this with QQQ? I day trade QQQ options several times in the 1st 90 minutes.
Should be same or similar since QQQ is just ETF version of NQ futures. Movement should look the same.
can you share this latest code with me...I downloaded earlier and not working....looking for help thx
Forget the code, it has false signals. Just learn the strategy. It is literally the easiest strategy ever lol
The only way you will know what the plots are doing, is to observe them on your charts and how they inter-relate with your other indicators.
# 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;I like it and all the signals but how can I take the Profit and Loss Labels out or off?
Thanks for your work - on the QTE source video, he talks about using an ATR above 15. When I plot the ATR on TOS, I see good signals in the chart but the ATR is in the 2-4 range. What am I missing?
input EnableStrategy = yes;
input UseMarketTime = no; #hint UseMarketTime: Use Trading hours?
input TradeTimeStart = 0930;
input TradeTimeEnd = 1555;
input UseTradeOffTradeTime = no;
input UseMarketTradeTimeToExitPositions = no; #hint UseMarketTradeTimeToExitPositions: Exit/Close open trades based on the market hours selected
input UseDateRange = no; #hint UseDateRange: Trade Signals within the date range specified
input ActiveStartDate = 20230101;
input ActiveEndDate = 20240101;
def activedaterange = GetYYYYMMDD() >= ActiveStartDate and GetYYYYMMDD() <= ActiveEndDate;
def activerange = if UseDateRange then activedaterange else 1;
AddLabel(UseDateRange, if activerange then "Range " + AsPrice(ActiveStartDate) + " - " + AsPrice(ActiveEndDate) else "" , Color.WHITE );
def Active = if GetDay() != GetDay()[1]
then 0
else if SecondsTillTime(TradeTimeStart) <= 0 and
SecondsTillTime(TradeTimeEnd) >= 0
then 1
else 0;
def ActiveTradeTime = if UseTradeOffTradeTime then !Active else if UseMarketTime then if SecondsTillTime(TradeTimeStart) <= 0 and
SecondsTillTime(TradeTimeEnd) >= 0 then 1 else 0
else 1;
def closeallmarket = ( if UseMarketTime and UseTradeOffTradeTime then Active and !Active[1] and UseMarketTradeTimeToExitPositions else !ActiveTradeTime and ActiveTradeTime[1]) and UseMarketTradeTimeToExitPositions;
input ShowTime = yes;
input TimeZone = 10.5;
def Hours = Floor(TimeZone + SecondsFromTime(0930) / 60 / 60) - 1;
def Minutes = ((TimeZone + SecondsFromTime(930) / 60 / 60) % 1) * 60;
AddLabel(ShowTime, " Market Time: " + GetMonth() + "/" + GetDayOfMonth(GetYYYYMMDD()) + "/" + (AsPrice(GetYear())) + ":" + Hours + ":" + Minutes ,
if !IsNaN(GetTime())
then Color.LIME
else if IsNaN(GetTime())
then Color.PINK
else Color.WHITE);
AddOrder(OrderType.BUY_TO_CLOSE, EnableStrategy and closeallmarket, tickcolor = GetColor(1), arrowcolor = GetColor(1), name = "BxEdt@ " + open[-1]) ;
AddOrder(OrderType.SELL_TO_CLOSE, EnableStrategy and closeallmarket, tickcolor = GetColor(1), arrowcolor = GetColor(1), name = "SxEdt" + open[-1]);
AddOrder(OrderType.BUY_TO_CLOSE, EnableStrategy and !activerange, tickcolor = GetColor(1), arrowcolor = GetColor(1), name = "BxSession@ " + open[-1]) ;
AddOrder(OrderType.SELL_TO_CLOSE, EnableStrategy and !activerange, tickcolor = GetColor(1), arrowcolor = GetColor(1), name = "SxSession@" + open[-1]);
##@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
# 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);
def averagePrice = ohlc4;
def medianPrice = hl2;
def medianBodyPrice = MidBodyVal();
def entryGandaldfPattern = (averagePrice[1] < medianPrice[1] and
medianPrice[2] <= averagePrice[1] and
medianBodyPrice[2] <= averagePrice[3]) or
(averagePrice[1] < medianPrice[3] and
medianBodyPrice < medianPrice[2] and
medianBodyPrice[1] < medianBodyPrice[2]);
def exitGandalfPattern = (averagePrice[1] < medianBodyPrice[1] and
medianPrice[2] == medianBodyPrice[3] and
medianBodyPrice[1] <= medianBodyPrice[4]) or
(averagePrice[2] < medianBodyPrice and
medianPrice[4] <= averagePrice[3] and
medianBodyPrice[1] <= averagePrice[1]);
def wiz_buy = bull or (entryGandaldfPattern) ;
def wiz_sell = ( bear ) and (exitGandalfPattern or !entryGandaldfPattern);
input useAutoOrderswiz = yes;
AddOrder(OrderType.BUY_auto, EnableStrategy and activerange and ActiveTradeTime and useAutoOrderswiz and wiz_buy, name = "B(w>)@ " + open[-1], price = open[-1], tickcolor = GetColor(1), arrowcolor = GetColor(1));
AddOrder(OrderType.sell_auto, EnableStrategy and activerange and ActiveTradeTime and useAutoOrderswiz and wiz_sell, name = "S(<w)@ " + open[-1], price = open[-1], tickcolor = GetColor(4), arrowcolor = GetColor(4));
#######################################
## START of Strategies DashBoard
####################################
addOrder(OrderType.BUY_AUTO, no);
input enableDashBoard = yes;
input ShowStrategyCurrentPnlBubble = yes;
input ShowStrategyPnlBubble = no;
input ShowStrategyPnlEntryBubble = yes;
input ShowStrategyPnlVertical = no;
Input ShowStrategyProfitLossLabels = yes;
def fpl = FPL();
def StrategyEntryprice = if IsNaN(EntryPrice()) then 0 else EntryPrice();
def ep = entryprice();
def poschange = ( StrategyEntryprice <> StrategyEntryprice[1] and StrategyEntryprice == 0 ) or ( StrategyEntryprice <> StrategyEntryprice[1] and StrategyEntryprice[1] == 0 ) or ( StrategyEntryprice <> StrategyEntryprice[1] and StrategyEntryprice[1] > 0 and StrategyEntryprice[0] > 0 );
def pnlentry = if poschange then fpl[1] else pnlentry[1];
def currentprofit = fpl() - pnlentry[1];
def pnlprofit = if pnlentry <> pnlentry[1] then fpl()[1] - pnlentry[1] else 0 ;
def entryprofit = (if pnlprofit> 0 then 1 else -1 ) * absValue( if poschange then if StrategyEntryprice == 0 then open[0] - ep[1] else ep-ep[1] else 0) ;
def dollarentryprofitloss = Round(((entryprofit ) / TickSize()) * TickValue());
AddChartBubble(enableDashBoard and ShowStrategyPnlEntryBubble and poschange and absValue(dollarentryprofitloss )>0, open[0], AsDollars(dollarentryprofitloss[0]), if dollarentryprofitloss[0] > 0 then Color.light_GREEN else if dollarentryprofitloss[0] < 0 then Color.pink else Color.BLUE);
AddVerticalLine(ShowStrategyPnlVertical and ShowStrategyPnlEntryBubble and poschange, AsDollars(fpl) + " (" + dollarentryprofitloss + ")" , if dollarentryprofitloss > 0 then Color.GREEN else if dollarentryprofitloss < 0 then Color.RED else if pnlentry == 0 then Color.WHITE else Color.CYAN);
def fplpnlprofit = pnlprofit;
AddChartBubble(enableDashBoard and ShowStrategyPnlBubble and poschange[0] and absValue(fplpnlprofit )>0, open[0], AsDollars(fplpnlprofit[0]), if fplpnlprofit[0] > 0 then Color.GREEN else if fplpnlprofit[0] < 0 then Color.RED else Color.BLUE);
AddVerticalLine(enableDashBoard and ShowStrategyPnlVertical and ShowStrategyPnlBubble and poschange, AsDollars(fpl) + " (" + pnlprofit + ")" , if pnlprofit > 0 then Color.GREEN else if pnlprofit < 0 then Color.RED else if pnlentry == 0 then Color.WHITE else Color.CYAN);
def lastentry =if isnan( entryprice()) then lastentry[1] else entryprice() ;
AddChartBubble(enableDashBoard and ShowStrategyCurrentPnlBubble and !IsNaN(close) and IsNaN(close [-1] ) and HighestAll(BarNumber()) and absValue(currentprofit)> 0, lastentry, AsDollars(currentprofit[0]), if currentprofit[0] > 0 then Color.green else if currentprofit[0] < 0 then Color.red else Color.BLUE);
def pl = if ShowStrategyPnlEntryBubble then if isnan( dollarentryprofitloss) then 0 else dollarentryprofitloss else if isnan(fplpnlprofit) then 0 else fplpnlprofit;
def StrategyLongprofitLossSum = CompoundValue(1, if BarNumber() == 1 then 0 else if pl > 0 then StrategyLongprofitLossSum[1] + pl[0] else StrategyLongprofitLossSum[1], 0);
def StrategyShortprofitLossSum = CompoundValue(1, if BarNumber() == 1 then 0 else if pl < 0 then StrategyShortprofitLossSum[1] + pl[0] else StrategyShortprofitLossSum[1], 0);
def StrategyProfittradecnt = if BarNumber() == 1 then 0 else if pl > 0 then StrategyProfittradecnt[1] + 1 else StrategyProfittradecnt[1] ;
def Strategylosstradecnt = if BarNumber() == 1 then 0 else if pl < 0 then Strategylosstradecnt[1] + 1 else Strategylosstradecnt[1] ;
def Strategytradecnt = StrategyProfittradecnt + Strategylosstradecnt;
# What percent were winners
def StrategyPCTWin = Round(((StrategyProfittradecnt) / (Strategytradecnt)) * 100, 2) ;
def StrategyPCTLoss = Round(((Strategylosstradecnt) / (Strategytradecnt)) * 100, 2) ;
def StrategyPCTWinamt = Round(((absValue(StrategyLongprofitLossSum/StrategyProfittradecnt)) /absValue( (StrategyLongprofitLossSum/StrategyProfittradecnt) + absValue(StrategyShortprofitLossSum/Strategytradecnt))) * 1, 2) ;
def PCTLossamt = Round(((absValue(StrategyShortprofitLossSum/Strategylosstradecnt)) /absValue( (StrategyLongprofitLossSum/StrategyProfittradecnt) + absValue(StrategyShortprofitLossSum/Strategytradecnt))) * 1, 2) ;
plot PltEntryPrice = if enableDashBoard then ep else double.nan;
PltEntryPrice.SetPaintingStrategy(PaintingStrategy.DASHES);
PltEntryPrice.SetdefaultColor(color.cyan);
PltEntryPrice.assignValueColor(if currentprofit then color.green else
if entryprofit < 0 then color.red else color.cyan );
def Strategylowestdrawdown = min(if isnan(currentprofit) then 0 else currentprofit,Strategylowestdrawdown[1]);
def StrategyHigestdrawUp = max(if isnan(currentprofit) then 0 else currentprofit,StrategyHigestdrawUp[1]);
def Strategylowestloss = min(pl,Strategylowestloss[1]);
def highestwin = max(pl,highestwin[1]);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels,"Last Entry: "+lastentry +"("+currentprofit +")" ,if currentprofit > 0 then color.light_green else if currentprofit < 0 then color.light_red else color.cyan );
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "PNL: " + (FPL()), if FPL() > 0 then Color.LIME else Color.RED);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Winners: " + StrategyPCTWin + "%", if StrategyPCTWin > 50 then Color.GREEN else if StrategyPCTWin > 40 then Color.YELLOW else Color.GRAY);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "ProfitLossSum: " + (StrategyLongprofitLossSum + StrategyShortprofitLossSum), if (StrategyLongprofitLossSum + StrategyShortprofitLossSum) > 0 then Color.LIME else Color.RED);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "ShortprofitLossSum: " + (StrategyShortprofitLossSum), Color.pink);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "LongprofitLossSum: " + (StrategyLongprofitLossSum), Color.LIME);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Trades: " + (Strategytradecnt), Color.WHITE);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Profit Trades: " + (StrategyProfittradecnt), if StrategyProfittradecnt > Strategylosstradecnt then Color.LIME else Color.RED);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Loss Trades: " + (Strategylosstradecnt), if StrategyProfittradecnt < Strategylosstradecnt then Color.LIME else Color.pink);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Profit Factor: " +round(absvalue (StrategyLongprofitLossSum/StrategyShortprofitLossSum)),color.cyan);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Lowest Loss: " + (Strategylowestloss), Color.pink);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Lowest DrawDown: " + (Strategylowestdrawdown), Color.pink);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Highest DrawUp: " + (StrategyHigestdrawUp), Color.LIME);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Highest Win: " + (highestwin), Color.LIME);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "PCTWin Trades: " + (StrategyPCTWin), Color.GREEN);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "PCTLoss Trades: " + (StrategyPCTLoss), Color.PINK);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "PCTWin Amount: " + (StrategyPCTWinamt), Color.GREEN);
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "PCTLoss Amount: " + (PCTLossamt), Color.PINK);
def firstentry = if Strategytradecnt ==1 then close[1] else firstentry[1];
def buyandhold = Round(((close - firstentry ) / TickSize()) * TickValue());
AddLabel(enableDashBoard and ShowStrategyProfitLossLabels, "Buy&Hold: " + (buyandhold), if buyandhold > 0 then Color.LIME else Color.RED);
#######################################
## END of Strategy DashBoard
#######################################I am not seeing anything on my chart?
It should show if you save the script as a strategy.
@Ramisegal Could you help me with part of the logic in this strategy? Where in this strategy causes the scalping piece? When looking at the logic I don't see how buys and sells more frequently. On another platform trying to create this, it doesn't show as frequent buy/sells.
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