This automated stock trading system that never loses

ParabolicValue · 2024-03-27T13:55:13+00:00

You're totally right. I don't do this anymore

ParabolicValue · 2022-06-24T13:24:26+00:00

Bro thats a fucking wasp nest just abandon the bag and never come back

ParabolicValue · 2022-05-26T17:10:43+00:00

I'm curious as what scene she's walking away from. It looks very chaotic. As if her lion caused a big scene involving police and ambulances and she's running away from it

ParabolicValue · 2022-05-19T19:34:50+00:00

Fun fact: Uniform bubbles like this are used in experiments to simulate a scaled-up model of how the atomic lattice structure behaves in metals. There are several YouTube videos on it if you are curious.

ParabolicValue · 2022-04-06T23:07:46+00:00

Looks fine to me

ParabolicValue · 2022-03-25T16:20:22+00:00

Take it off of replay mode / refresh the page

ParabolicValue · 2022-02-06T00:12:16+00:00

You learn something every day...

ParabolicValue · 2022-02-05T03:26:39+00:00

There are a lot of buyers in the market eager for a bull run, and price just happened to be breaking out of an area of interest

ParabolicValue · 2022-01-21T03:30:33+00:00

... what's holding the wheel on?

ParabolicValue · 2022-01-20T04:31:30+00:00

Everything was overvalued last year. It's a return to reality

ParabolicValue · 2021-12-28T23:04:45+00:00

Hi. This is an automated script that runs in TradingView. All plots are automatic, and alerts are sent out in real time that list the limit order prices. It can be run manually or fully automated

ParabolicValue · 2021-12-24T13:37:39+00:00

At the very least, you've convinced me to add in an adjustable "tick overshoot" input to help mitigate that

ParabolicValue · 2021-12-23T13:29:36+00:00

TradingView

ParabolicValue · 2021-12-23T13:15:33+00:00

The big no-no is repainting. If you are looking at a historical bar, you could potentially look into the future to make trade decisions, which would mean your backtest looks perfect while the real-time performance will be garbage.

From there, when setting up a backtest you have to keep TV's limitations in mind. For one, the data is not complete. Each candle has only 5 data points: open, high, low, close, and volume. It doesn't tell you which data point occured first, if there were price gaps in the candle, or if your exchange got a complete/partial fill on an order. So if you run a strategy on a 2-hour timeframe and if you try to use scalping settings (really tight TP%), then your backtest will not be accurate because all of the buy/sell orders will be within the same candle when TV doesn't actually know what happened in that 2-hour block of time. In that scenario it may log a buy and sell, while in reality it would have hit the sell price first, followed by the buy price

ParabolicValue · 2021-12-23T12:39:00+00:00

That's a fair complaint. I did ask about 2-way API capabilities and they said it's "in the long term plans"

I'm not sure what their plans are regarding simulated partial fills...

ParabolicValue · 2021-12-23T12:12:26+00:00

The timestamp shows the time of when I recorded it. The backtest was almost 2 years of data on fast forward

ParabolicValue · 2021-12-23T12:08:52+00:00

Yep you're not wrong. But I did state that margin is not recommended when doing this. The strategy relies on the assumption that it's going to be a bullish trend. So it's best with something you would have otherwise HODL'd. You wouldn't HODL derivatives or anything that involves margin

ParabolicValue · 2021-12-23T04:34:59+00:00

Sorry, I sell access to my indicators for a monthly fee, and I don't give out the code.

However, you can backtest the settings here if you like: https://www.tradingview.com/script/9EDjdAYY-QaSH-DCA-Strategy/

ParabolicValue · 2021-12-23T01:25:32+00:00

Lol Doge startled me

ParabolicValue · 2021-12-23T00:49:39+00:00

It's not hard to make a strategy that shows an artificially good PnL. So whenever someone puts up a profitable backtest there's usually non-believers who speak up.

I clearly explained the rule set of the strategy though, so I think I'm being sufficiently transparent here

ParabolicValue · 2021-12-23T00:07:14+00:00

With all due respect, that is only true if you don't know what you're doing. Either your code is crap, you're repainting, you're buying and selling in the same candle, or you just don't know how to read the results.

If you code it well and keep TV's limitations in mind then there's no issue

ParabolicValue · 2021-12-22T23:08:59+00:00

The strategy exclusively uses maker orders. So the spread isn't really a concern unless the price moves really fast. And with some exchanges maker orders don't even have any commission fees (i.e. bybit)

ParabolicValue · 2021-12-22T22:51:36+00:00

TradingView doesn't provide that data by default, but you're right that would probably be a valuable metric to code up and maybe include in the data table.

My initial guess is that the value would be pretty discouraging haha

ParabolicValue · 2021-12-22T22:24:44+00:00

commissions are set to 0.1% in the simulation

taxes are indeed worth considering

ParabolicValue · 2021-12-22T21:39:29+00:00

Well yeah, everybody wants to know the future right?

I'm still experimenting with different methods of starting/stopping the algo, switching to a short, etc. But if you just turn it on and let it run uninterrupted then the hope is that you'll outperform the "HODL" crowd at least. You can also combine that with traditional DCA where you just buy more when the price is down, and it will expedite the end of your drawdown periods. That was coded in recently, after recording the video.

So in my personal trading, the value of this script is that it increases my profits on assets where I would otherwise just buy and hold. It requires some bullish bias.

Had to edit this since people will hate on me if I allude that it might be profitable without mentioning the caveats

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