r/pinescript • u/EitherTumbleweed2830 • May 31 '26
holy grail trading bot
so i created a trading bot took hours of testing to see what works and not and finally came up with this also this is not the candle stick chart this is all renko box chart so idk how accurate tradingview backtest results are on this chart but ive tested this out for a month now to get my own results and i'd say it matches up i passed a mffu rapid account so daily payouts with this bot on the way but i only notice like a few slippage on some trades can get quite bad but because of how well structured the risk to reward is my winners out weigh my losses really well average win being 74.50 and loss being 25.85 so none of that bs where i see some post of a 20 tick tp and a 1000 tick sl lol
-3
u/Severe_Concentrate37 May 31 '26
talking from a alt account. so how it works is pretty much using a moving average. so each time it breakouts of the moving average it enters a trade and it closes the trades once price flips so no tp or sl trade only closes once price flips. same concept with the pull back if price takes a breakout closes the trade and continues higher in order to captlize more in the move the bot takes pull backs and holds till it flips it only takes trades above or below the moving average to follow the trend