Collection of pine scripts for trading bot automation.
| Band Length | Band Stddev | Pivot Point | Recent Bar | Loss Tolerance | Pause Bar | Take Profit | Per Trade | Total Trade | Net Profit |
|---|---|---|---|---|---|---|---|---|---|
| 26 | 2 | 20 | 200 | 0.6 | 11 | 0.5 | 34 | 105 | 351 |
- Band Length, length of bollinger bands.
- Band Stddev, percentage of standard deviation of bollinger bands.
- Pivot Point, required level of crossing of bollinger bands.
- Loss Tolerance, percentage of acceptable potential loss before closing the losing trade.
- Pause Bar, total number of bars to pause before starting to trade again.
- Take Profit, percentage of profit to reach for a winning trade.
- Recent Bar, total number of bars to look back for high and low price indicators.
- Per Trade, average number of bars being exposed to the market with a single per trade.
- Total Trade, total number of trades simulated during the backtesting period.
- Net Profit, percentage of net profit realized during the backtesting period.