๐ Super FVMA & ZERO LAG by @DaviddTech ๐ค
๐ TradingView Strategy: https://www.tradingview.com/script/xP2k02fq-Super-FVMA-ZERO-LAG-by-DaviddTech/
๐ฟ Watch video: https://youtu.be/Komcrvd7gKg
Strategy : [ย Super FVMA & ZERO LAG by @DaviddTech]
Video : [Super FVMA & ZERO LAG by @DaviddTech]
**FULL SETTINGS ARE ON DISCORD
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**Indicators used:
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SupertrendFairtailVMAZERO LAG MACD**Long Entry:
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Price above FairtailVMASupertrend goes greenZERO LAG MACD crosses above the signal**Short Entry:
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Price below FairtailVMASupertrend goes redZERO LAG MACD crosses below the signal**Stop Loss and Take Profit:
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Stop loss set to the ATR bands on a multiple of 3Take profit set to RR 1.3Max stop loss of 2.5%f youโre looking to improve your trading strategies and generate more profits in the financial market, backtesting can be an incredibly powerful tool. By testing your strategies on historical data, you can identify potential weaknesses, refine your approach, and optimize your performance.
Recently, I coded and backtested a powerful trading strategy using Supertrend, FairtailVMA, and ZERO LAG MACD indicators, and the results were impressive. In this article, Iโll share with you the details of this strategy, how it works, and how you can use it to improve your own trading performance.
The strategy is designed to work across multiple financial instruments, including Forex, crypto, and stocks. The entry and exit signals are based on specific conditions using the Supertrend, Fa
irtailVMA, and ZERO LAG MACD indicators. For long positions, the strategy requires the price to be above FairtailVMA, Supertrend to go green, and ZERO LAG MACD to cross above the signal. For short positions, the strategy requires the price to be below FairtailVMA, Supertrend to go red, and ZERO LAG MACD to cross below the signal.
To manage risk, the strategy uses stop loss and take profit orders. The stop loss is set to the ATR bands on a multiple of 3, which means that the stop loss will adjust according to market volatility. The take profit is set to a risk-reward ratio of 1.3, which means that the potential profit is 1.3 times the potential loss. Additionally, the strategy has a maximum stop loss of 2.5%, which is the maximum amount of money that the trader is willing to lose on a single trade.
To backtest this strategy, I used historical data from multiple financial instruments, including Forex, crypto, and stocks. The results were impressive โ over a six-month period, the strategy generated an ROI of [insert ROI percentage], with a win rate of [insert win rate percentage].
The key to the success of this strategy is the combination of the Supertrend, FairtailVMA, and ZERO LAG MACD indicators. These indicators work together to provide a more accurate picture of market movements, and help traders to identify the most effective entry and exit signals.
Supertrend is a popular trend following indicator that helps traders identify the direction of the market trend. It is ba
sed on the average true range (ATR) and uses two lines โ one to indicate the trend direction and another to indicate support or resistance levels. FairtailVMA is a volume-weighted moving average that is designed to help traders identify trends in the market. It takes into account both price and volume, providing a more accurate picture of market movements. ZERO LAG MACD is a momentum indicator that is designed to help traders identify changes in momentum in the market. It is based on moving averages and is designed to provide a more accurate and responsive measure of momentum than traditional MACD indicators.
If youโre interested in trying out this strategy for yourself, itโs important to note that past performance does not guarantee future results. However, backtesting can be an effective tool for refining and optimizing your trading strategies, and can help you to improve your overall profitability.
In conclusion, the combination of Supertrend, FairtailVMA, and ZERO LAG MACD indicators can be a powerful tool for traders looking to generate profits in the financial market. By using these indicators in a backtested trading strategy, traders can identify the most effective entry and exit signals, manage their risk more effectively, and optimize
their performance. However, itโs important to remember that trading involves significant risk and is not suitable for all investors. You should carefully consider your investment objectives, level of experience, and risk appetite bef
ore making any trading decisions.
To help ensure your success when using this strategy, itโs important to keep a few things in mind. First, always conduct thorough research on the financial instrument you plan to trade. You should be familiar with the market conditions and any relevant news or events that may impact the price of the asset.
Second, be patient and disciplined in your approach. Stick to your trading plan, and donโt let emotions or market volatility sway your decisions. Remember, successful trading is about consistency and discipline, not impulsivity and emotion.
Lastly, always manage your risk effectively. Use stop loss and take profit orders to limit your potential losses and lock in your profits. And never risk more than you can afford to lose on a single trade.
In conclusion, backtesting is an incredibly powerful tool for traders looking to improve their trading strategies and generate more profits in the financial market. By testing your strategies on historical data, you can identify potential weaknesses, refine your approach, and optimize your performance. And by using a combination of effective indicators like Supertrend, FairtailVMA, and ZERO LAG MACD, you can increase your chances of success in the market. Remember to always conduct thorough research, stay disciplined, and manage your risk effectively, and youโll be on your way to trading success.
To add to your tradingview charts, please type /add USERNAME in this forum channel. Fibonacci, our B
ot, will add your username to our database and this strategy to your charts. For more information please see the pinned post in this forum channel, you will find a step-by-step guide on how to add your username and a video.
Hi, i downloaded it but its still blocked. My TV-Name is chriswint. Thanks
What do you mean with downloaded it?
The add command? ๐
You gotta write “/add” (without quotation marks) and then ur user name; e.g.: /add Portfoliopirate
It works now thx.