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Fixedrange

Risk to Reward - FIXED SL BacktesterDon't know how to code? No problem! TradingView is an excellent platform for you. ✅ ✅ If you have an indicator that you want to backtest using a risk-to-reward ratio or fixed take profit/stop loss levels, then the Risk to Reward - FIXED SL Backtester script is the perfect solution for you. introducing Risk to Reward - FIXED SL Backtester Script which will allow you to test any indicator / Signal with RR or Fixed SL system How does it work ?! Once you connect the script to your indicator, it will analyze your entry points and perform calculations based on them. It will then open trades for you according to the specified inputs in the script settings. HOW TO CONNECT IT to your indicator? simply open your indicator code and add the below line of code to it plot(Signal ? 100 : 0,"Signal",display = display.data_window) Replace Signal with the long condition from your own indicator. You can also modify the value 100 to any number you prefer. After that, open the settings. Once the script is connected to your indicator, you can choose from two options: Risk To Reward Ratio System Fixed TP/ SL System 🔸if you select the Risk to Reward System ⤵️ The Risk-to-Reward System requires the calculation of a stop loss. That's why I have included three different types of stop-loss calculations for you to choose from: ATR Based SL Pivot Low SL VWAP Based SL Your stop loss and take profit levels will be automatically calculated based on the selected stop loss method and your risk-to-reward ratio. You can also adjust their values to match your desired risk level. The trades will be displayed on the chart. with the ability to change their values to match your risk. once this is done, trades will be displayed on the chart 🔸if you select the Fixed system ⤵️ You have 2 inputs, which are FIXED TP & Fixed SL input the values you want, and trades will be on your chart... I have also added a Breakeven feature for you. with this Breakeven feature the trade will not just move SL to Entry ?! NO NO, it will place it above entry by a % you input yourself, so you always win! 🚀 Here is an example Enjoy, and have fun, if you have any questions do not hesitate to ask
Pine Script® strategy
by TZack88
17
Bar Magnified Volume Profile/Fixed Range [ChartPrime]This indicator draws a volume profile by utilizing data from the lower timeframe to get a more accurate representation of where volume occurred on a bar to bar basis. The indicator creates a price range, and then splits that price range into 100 grids by default. The indicator then drops down to the lower timeframe, approximately 16 times lower than the current timeframe being viewed on the chart, and then parses through all of the lower timeframe bars, and attributes the lower timeframe bar volume to all grids that it is touching. The volume is dispersed proportionally to the grids which it is touching by whatever percent of the candle is inside each grid. For example, if one of the lower timeframe bars is interacting with "2" of the grids in the profile, and 60% of the candle is inside of the top grid, 60% of the volume from said candle will be attributed to the grid. To make all of this magic happen, this script utilizes a quadratic time complexity algorithm while parsing and attributing the volume to all of the grids. Due to this type of algorithm being used in the script, many of the user inputs have been limited to allow for simplicity, but also to prevent possible errors when executing loops. For the most part, all of the settings have been thoroughly tested and configured with the right amount of limitations to prevent these errors, but also still give the user a broad range of flexibility to adjust the script to their liking. 📗 SETTINGS Lookback Period: The lookback period determines how many bars back the script will search for the "highest high" and the "lowest low" which will then be used to generate the grids in-between Number Of Levels: This setting determines how many grids there will be within the volume profile/fixed range. This is personal preference, however it is capped at 100 to prevent time complexity issues Profile Length: This setting allows you to stretch or thin the volume profile. A higher number will stretch it more, vise versa a smaller number will thin it further. This does not change the volume profiles results or values, only its visual appearance. Profile Offset: This setting allows you to offset the profile to the left or right, in the event the user does not appreciate the positioning of the default location of the profile. A higher number will shift it to the right, vise versa a lower number will shift it to the left. This is personal preference and does not affect the results or values of the profile. 🧰 UTILITY The volume profile/fixed range can be used in many ways. One of the most popular methods is to identify high volume areas on the chart to be used as trade entries or exits in the event of the price revisiting the high volume areas. Take this picture as an example. The image clearly demonstrates how the 2 highest areas of volume within this magnified volume profile also line up to great areas of support and resistance in the market. Here are some other useful methods of using the volume profile/fixed range Identify Key Support and Resistance Levels for Setups Determine Logical Take Profits and Stop Losses Calculate Initial R Multiplier Identify Balanced vs Imbalanced Markets Determine Strength of Trends
Pine Script® indicator
by ChartPrime
12
Aggregated Volume Profile Spot & Futures ⚉ ＯＶＥＲＶＩＥＷ ⚉ Aggregate Volume Profile - Shows the Volume Profile from 9 exchanges. Works on almost all CRYPTO Tickers! You can enter your own desired exchanges, on/off any others, as well as select the sources of SPOT, FUTURES and others. The script also includes several input parameters that allow the user to control which exchanges and currencies are included in the aggregated data. The user can also choose how volume is displayed (in assets, U.S. dollars or euros) and how it is calculated (sum, average, median, or dispersion). WARNING Indicator is for CRYPTO ONLY. ______________________  ⚉ ＳＥＴＴＩＮＧＳ ⚉ ‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ Data Type — Choose Single or Aggregated data.     • Single — Show only current Volume.     • Aggregated — Show Aggregated Volume. Volume By — You can also select how the volume is displayed.     • COIN — Volume in Actives.     • USD — Volume in United Stated Dollar.     • EUR — Volume in European Union.     • RUB — Volume in Russian Ruble. Calculate By — Choose how Aggregated Volume it is calculated.     • SUM — This displays the total volume from all sources.     • AVG — This displays the average price of the volume from all sources.     • MEDIAN — This displays the median volume from all sources.     • VARIANCE — This displays the variance of the volume from all sources. •   Delta Type — Select the Volume Profile type.     • Bullish — Shows the volume of buyers.     • Bearish — Shows the volume of sellers.     • Both — Shows the total volume of buyers and sellers. Additional features The remaining functions are responsible for the visual part of the Volume Profile and are intuitive and I recommend that you familiarize yourself with them simply by using them. ________________  ⚉ ＮＯＴＥＳ ⚉ ‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ If you have any ideas what to add to my work to add more sources or make calculations cooler, suggest in DM . Also I recommend exploring and trying out my similar work.
Pine Script® indicator
by HALDRO
20