https://github.com/kenfus/tradingview

Some pinescript programs.
https://github.com/kenfus/tradingview

Last synced: 3 months ago
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Some pinescript programs.

• Host: GitHub
• URL: https://github.com/kenfus/tradingview
• Owner: kenfus
• Created: 2019-05-07T23:19:09.000Z (over 5 years ago)
• Default Branch: master
• Last Pushed: 2020-05-23T14:08:26.000Z (over 4 years ago)
• Last Synced: 2024-08-01T19:54:08.005Z (6 months ago)
• Language: Python
• Size: 228 KB
• Stars: 2
• Watchers: 0
• Forks: 1
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

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• awesome - kenfus/tradingview - Some pinescript programs. (Python)

README

        
![Strategy Result](Screenshot_20200523_154048.png)

# Random Strategy

I wanted to know how good a random strategy is in forex-trading. Why? I don't know.

# Approach

I used a 3 level-take profit and a 1 level-stoploss. 

The stoploss was set at 1.2*atr and the takeprofit at 0.8, 1.2 and 1.6 times the atr. The length of a trade was also random. 

Because Pinescript has no implemented random number generation, I created one based on

[Lehmer random number generator](https://en.wikipedia.org/wiki/Lehmer_random_number_generator).

The strategy can be seen here: [Random-Strategy-with-3-TP-levels-and-SL](https://www.tradingview.com/script/lfZvb4hY-Random-Strategy-with-3-TP-levels-and-SL-Kenfus/)

# Results 

The results were as expected. I had, with some tuning of the parameters for the Lehmer Random Number generator, amazing results (a 70% winrate on the 15-minute chart).

However, those were of course heavily overfitted so I'm showing here a "random" one.

# Todo

It would be fun to completely overfit to the past data and get incredible results.