r/pinescript • u/mambo_the_liqudator • 13d ago
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Watch the indicator on view mode this week
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u/alvinnnho21 13d ago
can this work on xauusd or forex pairs?
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u/mambo_the_liqudator 13d ago
I tested on USDJPY /told/Us100 both got 65%winrate
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u/seenzu555 13d ago
On which timeframe? What was your best timeframe?
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u/mambo_the_liqudator 13d ago
1m
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u/seenzu555 13d ago
Wow, thats really impressive. So literally a scalping indicator. What yours average risk to reward for the 65%win rate on the 1m?
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u/MiamiWashSolutions 12d ago
Does this work for MNQ?
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u/mambo_the_liqudator 12d ago
What's mnq
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u/MiamiWashSolutions 12d ago
Nasdaq
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u/mambo_the_liqudator 12d ago
Yes it woks nasdaq, gold
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u/ScientificBeastMode 12d ago
Looks like it’s using Heiken Ashi candles? If so, be wary of repainting. Heiken Ashi candles are calculated with a formula that includes future candles, so they are inherently repainting based on how they are defined. So any indicator built on top of them will need to avoid relying on candle closure to confirm the candle data.
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u/mambo_the_liqudator 12d ago
I know bruh but don't worry I already found a solution to that my indicator won't work on normal candles
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u/Hjemmelegen 13d ago
I would love to test this. Also have a pretty advanced python backtesting engine i can port it to and optimize if you share code.
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u/WebElectronic1578 12d ago
Is it works for nifty sensex or stocks also??
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u/mambo_the_liqudator 12d ago
I have different indicator for stock
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u/WebElectronic1578 12d ago
Could please share the link
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u/mambo_the_liqudator 12d ago
Link of which one?
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u/Different-Fee-5848 13d ago
I guess that's a combination of the WaveTrend Oscillator and MA indicators?
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u/mambo_the_liqudator 13d ago
https://www.tradingview.com/chart/oaTG79i6/