$30,000 Millionaire said:

---

I'm trying to come up with parameters for my personal policies:

Don't let green go red
Don't enter during low vol periods
Exit on impulse moves

What I can't code is "feel" for price action.

---

Set a price target and exit. Don't fret over unrealized gains AFTER your profit

in the context of a script I wrote on trading view that I'm trying to backtest.

In my experience writing my 42 app, you really need to sit down with a pencil and paper and draw out a decision tree.

What about a particular setup makes you feel one way or another? Our human brain can instantly pick it out, but getting to a systems of equation is complicated.

Philip J Fry said:

---

In my experience writing my 42 app, you really need to sit down with a pencil and paper and draw out a decision tree.

What about a particular setup makes you feel one way or another? Our human brain can instantly pick it out, but getting to a systems of equation is complicated.

---

I wish it was easy to code:

things like this:

1) if we're above high of the day and the volume profile pivot, just let that biatch run until there is a definite shift in momentum
2) if we get an impulse spike that's like 10 ES points out of the blue, sell
3) if you don't like how the candles look and it's approaching lunchtime, exit
4) if it looks like a bull flag, HODL
5) if the ticks start looking crappy, exit
6) trade with the direction of the TRIN if it makes sense.

$30,000 Millionaire said:

---

Philip J Fry said:

---

In my experience writing my 42 app, you really need to sit down with a pencil and paper and draw out a decision tree.

What about a particular setup makes you feel one way or another? Our human brain can instantly pick it out, but getting to a systems of equation is complicated.

---

I wish it was easy to code:

things like this:

1) if we're above high of the day and the volume profile pivot, just let that biatch run until there is a definite shift in momentum
2) if we get an impulse spike that's like 10 ES points out of the blue, sell
3) if you don't like how the candles look and it's approaching lunchtime, exit
4) if it looks like a bull flag, HODL
5) if the ticks start looking crappy, exit
6) trade with the direction of the TRIN if it makes sense.

---

1). Relatively straight forward
2). How do you identify "out of the blue"? Base this moving average of atr?
3). How do you identify what bad candles look like?
4). I think that's straight forward with some certain rules.
5). Define crappy. How do you identify this?
6). Just math I think up until the "sense" part.

Does it require a TradingView paid subscription
to use the strategy? I can't seem to access it...

Philip J Fry said:

---

$30,000 Millionaire said:

---

Philip J Fry said:

---

In my experience writing my 42 app, you really need to sit down with a pencil and paper and draw out a decision tree.

What about a particular setup makes you feel one way or another? Our human brain can instantly pick it out, but getting to a systems of equation is complicated.

---

I wish it was easy to code:

things like this:

1) if we're above high of the day and the volume profile pivot, just let that biatch run until there is a definite shift in momentum
2) if we get an impulse spike that's like 10 ES points out of the blue, sell
3) if you don't like how the candles look and it's approaching lunchtime, exit
4) if it looks like a bull flag, HODL
5) if the ticks start looking crappy, exit
6) trade with the direction of the TRIN if it makes sense.

---

1). Relatively straight forward
2). How do you identify "out of the blue"? Base this moving average of atr?
3). How do you identify what bad candles look like?
4). I think that's straight forward with some certain rules.
5). Define crappy. How do you identify this?
6). Just math I think up until the "sense" part.

---

for 1.

If:
above high of the day,
and: above volume profile pivot
then:
let that biatch run


Coders of the group, did I get that right? Will that translate to Python?

texAZtea said:

---

Philip J Fry said:

---

$30,000 Millionaire said:

---

Philip J Fry said:

---

In my experience writing my 42 app, you really need to sit down with a pencil and paper and draw out a decision tree.

What about a particular setup makes you feel one way or another? Our human brain can instantly pick it out, but getting to a systems of equation is complicated.

---

I wish it was easy to code:

things like this:

1) if we're above high of the day and the volume profile pivot, just let that biatch run until there is a definite shift in momentum
2) if we get an impulse spike that's like 10 ES points out of the blue, sell
3) if you don't like how the candles look and it's approaching lunchtime, exit
4) if it looks like a bull flag, HODL
5) if the ticks start looking crappy, exit
6) trade with the direction of the TRIN if it makes sense.

---

1). Relatively straight forward
2). How do you identify "out of the blue"? Base this moving average of atr?
3). How do you identify what bad candles look like?
4). I think that's straight forward with some certain rules.
5). Define crappy. How do you identify this?
6). Just math I think up until the "sense" part.

---

for 1.

If:
above high of the day,
and: above volume profile pivot
then:
let that biatch run


Coders of the group, did I get that right? Will that translate to Python?

---

No, your then statement is wrong. It should be:

Then:

It's very hard for me to translate my internal I think this will go up or down bias into code that works consistently.

jimmo said:

---

Does it require a TradingView paid subscription
to use the strategy? I can't seem to access it...

---

nevermind
finally figured it out

For anybody that's really into algorithmic trading and back testing I would look into quantconnect. I messed with it a few years ago and it's a nice sandbox to test things, they even have some options datasets among a million other things depending on how deep you want to go

Can it tie into trading view? I've wanted to do algo trading for a long time now.

$30,000 Millionaire said:

---

I'm trying it for the first time as well.

What I don't like about it is that there are times when I wouldn't trade based on "feel"

Try running your strategy on AAPL if you want to be impressed.

---

79,000% isn't bad. Now to write a script that finds companies trading at less than a dollar that will ultimately be juggernauts.

what time frame you recommend for your strat?

The last few pages make me happy. I've actually had a slowly rising equity curve over the last 2 months because of switch to a more algorithmic, objective trading. I've used 2 setups the whole time (8/21 EMA & Ceyhun's ATR Trailing Stop Loss).

I've only made 2 "feel trades" and both have been winners. I think the repetition of trading like a robot has made my "feel" better too.

Also I've spent most of my time on the 15 and 30 minute and not the 1,2, or 5 like I used to.

I haven't really started using it yet, but backtesting has given me good results with the 2H and daily. They both require their own setting though. See my previous posts for what I used.

For what it's worth, here's a setting for UPRO that has given a 90% win rate.






Note, there aren't a ton of trades with this setting. These are big momentum move settings apparently. Like I said, I don't really know what I've created here. I used ChatGBT as a guide so there's some code I'm flat out unfamiliar with.

I really think you're onto something with this.

I think if we made this a scan for non indexes, it could be really good as well.

Might be worth testing (representative sample)

• UDOW
• TQQQ
• GUSH
• LABU
• SOXL
• TSLA
• COIN
• NVDA
• XOM
• AAPL
• MSFT

One thing that's clear to me is that the PPO curves have to be adjusted. I never really messed with MACD defaults before. I tried writing some Pine that would iterate until it found the settings with the highest win rates, but I think I'm going to have to do this in MATLAB.

This has positive expected value on /NQ if anyone wants to mess with this:

// spiritedDog12914

//@version=4
strategy("EMA Moving Averages Strategy", shorttitle="EMA_MA", overlay=true)

// Input Parameters
ema9_len = input(9, title="9 EMA Length", type=input.integer)
sma200_len = input(200, title="200 SMA Length", type=input.integer)
sma50_len = input(50, title="50 SMA Length", type=input.integer)
sl_bars = input(2, title="Stop Loss: Consecutive Bars Away from 9 EMA", type=input.integer)

// Indicators
ema9 = ema(close, ema9_len)
sma200 = sma(close, sma200_len)
sma50 = sma(close, sma50_len)

// Entry Conditions
longCondition = crossover(ema9, sma50) and close > sma200
shortCondition = crossunder(ema9, sma50) and close < sma200

if (longCondition)
strategy.entry("Long", strategy.long)

if (shortCondition)
strategy.entry("Short", strategy.short)

// Exit Conditions
exitLongCondition = barssince(close > ema9) >= sl_bars
exitShortCondition = barssince(close < ema9) >= sl_bars

if (exitLongCondition)
strategy.close("Long")

if (exitShortCondition)
strategy.close("Short")

// Profit Target
profitTargetLongCondition = abs(ema9[0] - ema9[1]) <= abs(ema9[1] - ema9[2])
profitTargetShortCondition = abs(ema9[0] - ema9[1]) >= abs(ema9[1] - ema9[2])

if (profitTargetLongCondition)
strategy.close("Long")

if (profitTargetShortCondition)
strategy.close("Short")

// Plotting
plot(ema9, title="9 EMA", color=color.blue, linewidth=2)
plot(sma200, title="200 SMA", color=color.red, linewidth=2)
plot(sma50, title="50 SMA", color=color.green, linewidth=2)
bgcolor(longCondition ? color.green : na, transp=80)
bgcolor(shortCondition ? color.red : na, transp=80)
bgcolor(exitLongCondition ? color.yellow : na, transp=80)
bgcolor(exitShortCondition ? color.yellow : na, transp=80)

It's on my watchlist too. Trying to decide on pulling the trigger now versus waiting on the next macro pullback.

Congratulations!

BaylorSpineGuy said:

---

Thanks to everyone! Mom and baby are healthy. 9lb 8 oz, 22 inches. Biggest baby yet for us by over half a pound! Lol.

Nickname: Bohemond.

---

Congrats Doc!

BaylorSpineGuy said:

---

Thanks to everyone! Mom and baby are healthy. 9lb 8 oz, 22 inches. Biggest baby yet for us by over half a pound! Lol.

Nickname: Bohemond.

---

Congratulations! And thanks to your podcast recommendation, I am up to date on Bohemond.

Chopping all day or are we waiting for something?

Congrats Doctor!

BaylorSpineGuy said:

---

Thanks to everyone! Mom and baby are healthy. 9lb 8 oz, 22 inches. Biggest baby yet for us by over half a pound! Lol.

Nickname: Bohemond.

---

9lbs 80z!

Did you announce the birth by saying "and in this corner, wearing red trunks coming in at 9lbs 8 oz......"

Congrats!

oldarmy1 said:

---

BaylorSpineGuy said:

---

Thanks to everyone! Mom and baby are healthy. 9lb 8 oz, 22 inches. Biggest baby yet for us by over half a pound! Lol.

Nickname: Bohemond.

---

9lbs 80z!

Did you announce the birth by saying "and in this corner, wearing red trunks coming in at 9lbs 8 oz......"

Congrats!

---

Thank you, professor! I'm not sure what his 40 time is yet, but he may be turning over by this afternoon haha

spud1910 said:

---

BaylorSpineGuy said:

---

Thanks to everyone! Mom and baby are healthy. 9lb 8 oz, 22 inches. Biggest baby yet for us by over half a pound! Lol.

Nickname: Bohemond.

---

Congratulations! And thanks to your podcast recommendation, I am up to date on Bohemond.

---

Glad you enjoyed! Love listening to that podcast!!

Here comes that gap fill on SPX. Magic!