OPEN-SOURCE SCRIPT
Updated SW SVE - Stochastic+Vol+EMAs [Sergio Waldoke]
Script created by Sergio Waldoke (BETA VERSION v0.5, fine tuning PENDING)
Stochastic process is the main source of signals, reinforced on buying by Volume. Also by Golden Cross.
Selling is determined by K and D entering overselling zone or EMA's Death Cross signal, the first occurring,
and some other signals combined.
Buy Long when you see a long buy arrow.
Sell when you see a close arrow.
This is a version to be tuned and improved, but already showing excelent results after tune some parameters
according to the kind of market.
Strategy ready for doing backtests.
Stochastic process is the main source of signals, reinforced on buying by Volume. Also by Golden Cross.
Selling is determined by K and D entering overselling zone or EMA's Death Cross signal, the first occurring,
and some other signals combined.
Buy Long when you see a long buy arrow.
Sell when you see a close arrow.
This is a version to be tuned and improved, but already showing excelent results after tune some parameters
according to the kind of market.
Strategy ready for doing backtests.
Release Notes
Little change in arrows.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
"Money is made by controlling your anxiety and your losses, not trading" (S.W.)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
"Money is made by controlling your anxiety and your losses, not trading" (S.W.)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.