This is an old revision of the document!
Current Update
Open Close Cross 4.5a: (10/6/2021)
- Implemented new TV alert() calls for all indicator conditions (+“Alert Level” setting for what to trigger)
⇒ One TV alert now handling ALL indicator signals! (entry: once per bar close, SL/TP etc: once per bar)
The signal triggered (PV alert) uses the name entered under “Custom Name” in the indicator
with a suffix added for the type of alert (SL/TP etc):
Level: 1, Signal: <NAME> (Entry)
Level: 1, Signal: <NAME>_SPIKE
Level: 1, Signal: <NAME>_TIMEOUT
Level: 2, Signal: <NAME>_SL
Level: 3, Signal: <NAME>_TP1
Level: 4, Signal: <NAME>_TP2
Level: 5, Signal: <NAME>_TP3
(all calculated data like quantity, leverage, SL, TP1..3 is automatically sent as custom variables!)
- Overhauled core to always use historic data for any data accessed in non-chart-native resolution
and removed unnecessary legacy settings ⇒ “repainting” impossible even with “exotic” settings!
- Changed old multiplier setting into “Cross Resolution” drop down selection
- Adapted all resolution drop downs to offer the same selections
- Added compatiblility with all second-based chart resolutions
- Added “Trend Strength” filter and added info to entry labels
Negative value: Switch to “No Trend” (=no trades!) if strength is below/above on trend change
- Added “Trend On Entry” filter (factor of trend strength on entry vs when trend changed)
- Added drop down selection for 30+ different volatility indices
- Added second “Volatility Index B” filter
- Added “Cross Strength Mid” filter setting: 4% deadband, use negative value for 8%
- Added “Volatility Switch Mid” filter setting: 4% deadband, use negative value for 10%
- Added “Price Variation Mid” filter setting: 5% deadband, use negative value for 15%
- Added “RSI Deadband” filter setting: 3% deadband, use negative value for 9%
- Negative “Cross Strength Override %”: Override “Volatility Sw Max” and “Trend On Entry” (4.5a)
- Fixed some Flip/LossySL conditions leading to slightly wrong stats / virtual positions
- Fixed calculated stats when in trade (open position)
- Added current drawdown to info labels (4.5a)
- Added Maximum Drawdown infos to stats
- Added SL/TP Streak infos to stats
- Added Min/Max Balance infos to stats
- Added support for from-date and date ranges to “Maximum Days Back” setting
Supported formats:
ddd ⇒ last ddd days (same as previous versions)
mm-dd ⇒ from date mm-dd till now (this year)
yy-mm-dd ⇒ from date yy-mm-dd till now (given year)
mm-dd-mm-dd ⇒ from first given date mm-dd till second given mm-dd (this year)
yy-mm-dd-mm-dd ⇒ from first given date yy-mm-dd till second given yy-mm-dd (same year)
yy-mm-dd-yy-mm-dd ⇒ from first given date yy-mm-dd till second given yy-mm-dd (given years)
- Increased total limit of info labels to new TV maximum
- Setting RSI/Vol Smoothing to negative value forces EMA smoothing (instead of SMA)
- Setting leverage to -x forces auto leverage to be limited to x maximum
- Setting leverage to -1 forces rounding down to a valid FTX leverage
- Started adding tooltips with help/short explanations for each setting (4.5a)
- Added the given settings name (Custom Name) to stats
- Added exact bartime to all info labels
- Added warnings for common risky setups to stats (high risk etc.)
- Added plot with entry / break-even price
- Added hidden plots for TP2/3 prices (now submitted with entry alerts!)
- Fixed all occurences of “Pine cannot determine length of a series” error
- Fixed quantity/leverage etc. randomly not being sent anymore with alerts
- Removed “Trend” and “VolH” from info labels if the setting is disabled
- Updated 1h XBTUSD (BitMEX) default settings
- Implemented new TV alert() calls for all indicator conditions (+“Alert Level” setting for what to trigger)
⇒ One TV alert now handling ALL indicator signals! (entry: once per bar close, SL/TP etc: once per bar)
The signal triggered (PV alert) uses the name entered under “Custom Name” in the indicator
with a suffix added for the type of alert (SL/TP etc):
Level: 1, Signal: <NAME> (Entry)
Level: 1, Signal: <NAME>_SPIKE
Level: 1, Signal: <NAME>_TIMEOUT
Level: 2, Signal: <NAME>_SL
Level: 3, Signal: <NAME>_TP1
Level: 4, Signal: <NAME>_TP2
Level: 5, Signal: <NAME>_TP3
(all calculated data like quantity, leverage, SL, TP1..3 is automatically sent as custom variables!)
- Overhauled core to always use historic data for any data accessed in non-chart-native resolution
and removed unnecessary legacy settings ⇒ “repainting” impossible even with “exotic” settings!
- Changed old multiplier setting into “Cross Resolution” drop down selection
- Adapted all resolution drop downs to offer the same selections
- Added compatiblility with all second-based chart resolutions
- Added “Trend Strength” filter and added info to entry labels
Negative value: Switch to “No Trend” (=no trades!) if strength is below/above on trend change
- Added “Trend On Entry” filter (factor of trend strength on entry vs when trend changed)
- Added drop down selection for 30+ different volatility indices
- Added second “Volatility Index B” filter
- Added “Cross Strength Mid” filter setting: 4% deadband, use negative value for 8%
- Added “Volatility Switch Mid” filter setting: 4% deadband, use negative value for 10%
- Added “Price Variation Mid” filter setting: 5% deadband, use negative value for 15%
- Added “RSI Deadband” filter setting: 3% deadband, use negative value for 9%
- Negative “Cross Strength Override %”: Override “Volatility Sw Max” and “Trend On Entry” (4.5a)
- Fixed some Flip/LossySL conditions leading to slightly wrong stats / virtual positions
- Fixed calculated stats when in trade (open position)
- Added current drawdown to info labels (4.5a)
- Added Maximum Drawdown infos to stats
- Added SL/TP Streak infos to stats
- Added Min/Max Balance infos to stats
- Added support for from-date and date ranges to “Maximum Days Back” setting
Supported formats:
ddd ⇒ last ddd days (same as previous versions)
mm-dd ⇒ from date mm-dd till now (this year)
yy-mm-dd ⇒ from date yy-mm-dd till now (given year)
mm-dd-mm-dd ⇒ from first given date mm-dd till second given mm-dd (this year)
yy-mm-dd-mm-dd ⇒ from first given date yy-mm-dd till second given yy-mm-dd (same year)
yy-mm-dd-yy-mm-dd ⇒ from first given date yy-mm-dd till second given yy-mm-dd (given years)
- Increased total limit of info labels to new TV maximum
- Setting RSI/Vol Smoothing to negative value forces EMA smoothing (instead of SMA)
- Setting leverage to -x forces auto leverage to be limited to x maximum
- Setting leverage to -1 forces rounding down to a valid FTX leverage
- Started adding tooltips with help/short explanations for each setting (4.5a)
- Added the given settings name (Custom Name) to stats
- Added exact bartime to all info labels
- Added warnings for common risky setups to stats (high risk etc.)
- Added plot with entry / break-even price
- Added hidden plots for TP2/3 prices (now submitted with entry alerts!)
- Fixed all occurences of “Pine cannot determine length of a series” error
- Fixed quantity/leverage etc. randomly not being sent anymore with alerts
- Removed “Trend” and “VolH” from info labels if the setting is disabled
- Updated 1h XBTUSD (BitMEX) default settings
Previous Versions
4.2 - 13/8/2020 =============== - Added new Cross Spread Override option (counteract filtering of bigger moves, more TPs!) - Performance improvements due to optimized MA switching! - Renamed "Cyclical" volatility filter to its original "Switch" and added maximum limit, variable window and smoothing options (better sideways filtering!) - Added multi-level profit calculations / virtual position simulation - beta! - Added risk based buy-in and (maximum) leverage auto calculation - Added OHLC, side, size, lev., TP and SL to default alert message syntax - Added new unified entry alert condition - Added stochastic and smoothing options for RSI filter - Added MA type options for trend, price variation and volume filter - Added PEMA (Pentuple Exponential), LMA (Leo), CMA (Corrected), CWMA (Cubed Weighted), OWMA (Optimal Weighted), SRWMA (Square Root Weighted), EHMA (Exponential Hull), FLSMA (Fisher Least Squares), LRMA (Linear Regression), LFMA (Laguerre Filter), SFMA (Sequential Filter) and JMA (Jurik) moving averages - Removed "Stop Loss only before TP" option (now auto according to stat TP amounts) - Added debug info option for entries resulting in SL or TP (limited by TV/Pine to the last ~50 entries) - Added seperate counts for long/short per SL/TP etc. to stats - Changed display of durations in stats to mins/hours/days (dynamic) - Added non-lossy flips to stats - Plot lines for SL/TP now hidden when not in trade - Fixed Cross Strength Min/Max/Override settings not being percentage (prev 0.01 = now 1.0 !) - Fixed Exit Loss Buffer setting not being percentage (prev 0.01 = now 1.0 !) - Fixed some Lossy/SL exit conditions being indicated erroneously - Fixed ZEMA (Zero Lag) calculation - Fixed Spike Profit alert condition - Improved defaults for XBTUSD 1H setup - v4.1: Small cosmetic styling fixes - v4.2: Fixed profit/loss calculations for short positions NOTE: Values for "Cross Strength Min" (formerly "Cross Spread Min"), "Cross Strength Max" (formerly "Cross Spread Max") and "Exit Loss Buffer" have to be multiplied by 100 compared to previous OCC versions!
3.5 - 5/5/2020 ============== - Adapted to use Pinescript v4 enabling the use of plot values in alerts! - Added option to show signal stats / overall profit loss calculation (beta / TP1 profit only!) - Replaced SL Squeeze option with multiple SL-from-TP levels - Added option for additional trade logic only stoploss (SL "Buffer") - Added Min Spread option for better sideways protection - Added Min/Max Spread Window options for improved "bart" protection - Added ATR settings and ATR offset % to better tweak ATR stoploss - Limited ATR with hard baseline stoploss - Added Exit Loss Buffer % option to account for fees/slippage - Added Trend Resolution option "From Chart" - Added Trend Bar Delay option - Improved RSI and Historic Volatility descriptions - Added seperate Alert Conditions for TP/SL/Spike according to trade direction - Added option to signal trades open longer than given number of bars - Added Custom Name field to improve selection for multiple layers - Fixed Spike Profit option sometimes triggering errornously - New default settings optimized for XBTUSD 1H (90% win rate for >1yr!)
3.2 - 19/3/2019 =============== - Added more timeframes to trend confirmation resolution - Added option to show SL only before any TP - Added min historic volatility to adaptive sideways filter - Added optional max cross spread limiter
3.1 - 21/11/2018 ================ - Added max price variation and max historic volatility limit filter against violent market corrections
3.0 - 15/11/2018 ================ - Added adaptive sideways filter, engaging only in case a trade would exit with loss - Integrated historic volatility index (based on BitMEX:BVOL24H) as sideways filter option - Integrated trade volume threshold as sideways filter option - Added adaptive override to "Not against bar trend" filter which keeps it from missing bigger moves - Added adaptive override to sideways filter which keeps it from missing bigger moves - Made window size of the min cross spread filter configurable which in turn makes higher min cross spread settings usable - Multiple TP levels reached on one candle are now correctly shown/simulated - When "Close Trades with" option is set to "Take Profit" it now issues the highest TP level - Defaults are very specific to XBTUSD 1h favoring less trades with bigger profit per trade, for more info please visit our Wiki and/or Discord!
2.6 - 16/10/2018 ================ - BEHAVIOUR CHANGE: checkbox behind "Filter" now switches "Min Cross Spread %" on/off! - fixed SL sometimes not showing orange while being in profit / change sideways defaults (max spread) - Quickfix for change in TV wma function
2.5 - 15/10/2018 ================ - Added option to chose entry price for TP/SL calculation (for once per bar alerts chose Open or Average, otherwise Close) - Fixed TP signals not showing when triggered on same bar as entry - SL / TP fixes for close vs open price setting
2.4 - 12/10/2018 ================ - Improved plotting of SL in profit (yellow!) and SL on trade exit/entry - Fixed classic (non adaptive) trailing (now behaving like trailing on your exchange)
2.3 - 9/10/2018 =============== - New defaults based on XBTUSD 1hr with regular 1.2% profits - Improved plotting of signals depending on trade state - Added info if a swingtrade ended in loss
2.1 - 8/10/2018 =============== - Completely new defaults, optimized for XBT 1hr and "no repaints" (used with "Once Per Bar Close") - Fixed the signal repeat filter and enabled by default - Optimized the max spread filter - NOTE: The new default is not combining timeframes thus safer to use with the TV Alert System, still a multiplier greater 1 (if used correctly) should yield better results! (new settings and results will be published in our Wiki) - Little trade state fix for cases where repeats were filtered - Changed Trend Confirmation Defaults - Added option to close trades after TP levels
2.0 - 20/9/2018 =============== - Added optional RSI filter/confirmation - Added max spread filter to avoid entering trades in spikes - Added TP1-3 alert conditions in addition to general TP alert - Fixed several trade logic issues - NOTE: "Trend", "RSI" and "Sideways" are enabled/disabled via the checkbox next to their titles now! - Fixed max spread filter & tweaked defaults
1.9 - 7/9/2018 ============== - Added option to use HA candles internally as a smoothing filter - Added option to not use "lookahead" for the moving averages, reducing "repaints"
1.8a - 6/9/2018 =============== - Added second (historic) volatility filter for even better sideways avoidance - Better handling of filtered signals - Some bigger (again) fixes in TP/SL logic
1.7 - 4/7/2018 ============== - Added simple price volatility filter to avoid sideways action - Added option to avoid placing signals "against" bar trend - Added seperate trend resolution multiplier (0 = same as main strat) - Added "SL Squeeze" option to reduce SL % when certain profit % is reached - Several TP/SL logic fixes (and "Spike TP" is a seperate trigger now)
1.6 - 19/8/2018 =============== - Added optional laddering of Take Profit - "Average True Range" based stop loss now working - A lot of Stop Loss and Take Profit improvements/fixes - Added more trend confirmation timeframes - Fixed some trend confirmation timeframe calculations
1.5 - 17/8/2018 =============== - Added "Average True Range" based stop loss option - Fixed Take Profit misfires with active Trend Filter - Split Take Profit into regular and "Spike" Take Profit - Complete internal refacturing and overhaul of UI/settings - Added T3 and ZeroLag EMA - New default values to minimize repaints and even work ok with active Force Delay Close
1.4 - 13/8/2018 =============== - Added optional long term trend filter (using the same parameters as the main resolution) to only trade with the trend! - Added Take Profit option (with new corresponding alert condition) to catch short term spikes - New default values / repeat filter off by default (still investigating TV Alert issues)
1.3 - 10/8/2018 =============== - Tweaked defaults for XBTUSD 1hr - Please experiment with different multiplier and period settings depending on which asset you are trading! Also start tweaking with both "Min Spread %" settings set to 0 and then slowly setting them higher until too many signals disappear then lower it slighty, set the realtime one higher than the non realtime setting if you want & try the different realtime delay options to combat "Repainting" issues! - Added option to always use the delay workaround, not only on realtime (so you can study it's effects better!)
1.1 - 7/8/2018 ============== - Added filter against firing of multiple signals of the same type - Added options to filter signals by MA spread (can be used as "repaint" remedy!) - Added option to force delay of calculation when realtime (anti "repaint")
1.0 - 5/8/2018 ============== - Fixed stoploss - Renamed indicator