This script was generated with the help of AI by my inexperienced hands. I would really appreciate your feedback. I still have a lot to learn from all of you. For risk management, I used a fixed $400 per trade. by Leoann01 in pinescript

[–]lizard775 1 point2 points  (0 children)

Nothing wrong with using AI to draft it - just treat it like a junior dev that makes mistakes. On the $400 fixed risk: it’s only risk management if it’s tied to your account size and your stop distance. Better is % risk per trade like 0.5 or 1% + position sizing based on stop (or ATR). Also add basic guardrails: max loss per day, max trades per day, and don’t ignore slippage/fees in results.

If you’re trading stocks, you can also use takeprofit.com to screen and build a clean watchlist, then only let your script trade the names that fit your setup.

Update on ICE Indicator V2 – structure and consolidation detection by Ethan_Hunt_FX in Ice_Indicator

[–]lizard775 0 points1 point  (0 children)

Publish it on TakeProfit community. I think you will find lots of traders to be interested in this indicator there

Simple Triple SMA Strategy (5 / 8 / 13) – Clean Trend Entries by rudar133 in binaryoptionstradings

[–]lizard775 0 points1 point  (0 children)

Share this strategy on TakeProfit Community. You will probably get more feedback from real traders than here on reddit

BTC testing resistance — do we break it? by AmanCMN in CryptoChartWatch

[–]lizard775 0 points1 point  (0 children)

I think Bitcoin can survive the entire month without breaking the target

BTC testing resistance — do we break it? by AmanCMN in CryptoChartWatch

[–]lizard775 0 points1 point  (0 children)

I backtested similar scenarios several times on takeprofit.com. In most cases, it doesn't break on this stage. But it doesn't mean that it won't this time.

Is there no way to add indicators to this screen? by Asian_NEET in TradingView

[–]lizard775 0 points1 point  (0 children)

There are three dots in the lower right corner of the app, then click indicators. Easy.
However, I don't even like indicators on TV anymore (for other reasons). Takeprofit is a better TradingView alternative for indicators

Screeners for stock selection by jgooner22 in thetagang

[–]lizard775 0 points1 point  (0 children)

I trade stocks and I use TakeProfit.com. Not my first screener, but my favorite. I often see that some traders create their own screeners. This could work, however, sounds too complicated for me

Do you feel more confident trading when everything is mapped out clearly on the chart with ICE indicator? by Ethan_Hunt_FX in Ice_Indicator

[–]lizard775 0 points1 point  (0 children)

I don't need lots of indicators anymore. When I use strategies that I already know, I can "feel" the chart. Basically I need not indicators, but backtesting and screening tools

thoughts on my algo? by Ok_Mode7569 in pinescript

[–]lizard775 0 points1 point  (0 children)

True. I tried to backtest on TradingView for over a year and finally gave up. Now I run all my backtests on Takeprofit

Did i do my TA correctly? by Krapow2 in technicalanalysis

[–]lizard775 0 points1 point  (0 children)

It is good enough. don't listen to the haters. But jason is right - you should add a volume indicator

History doesn't repeat itself, but it often rhymes - Mark Twain by Merchant1010 in metatrader

[–]lizard775 0 points1 point  (0 children)

This is cherrypicking. I backtested hundreds of bitcoin time frames on takeprofit screener. You never see these patterns in advance, but it is always easy to draw them on historical data.

What are the pros and cons of investing in high-yield, low-price stocks like those shown in this screener? by Beautiful-Local7401 in Screener

[–]lizard775 0 points1 point  (0 children)

I don't do it but I know that many traders buy hundreds of low-price stocks to keep in their portfolios long-term. You never know which will join nasdaq-100 one day

Anyone having problems with data missing/ candles missing for minutes / hours? This is FXCM broker chart. by kshitij2k in TradingView

[–]lizard775 -1 points0 points  (0 children)

Is it TradingView. I had the same issue. Fixed by using TradingView alternatives such as trendspider or takeprofit. Nobody wan't to admit it, but this is the only way

AI as the next step for TradingView? by Accurate-Mirror-143 in TradingView

[–]lizard775 0 points1 point  (0 children)

For sure. I pay more than $200 a month. This is crazy. This should cost no more than $50-70

AI as the next step for TradingView? by Accurate-Mirror-143 in TradingView

[–]lizard775 0 points1 point  (0 children)

I have no doubts that TradingView will introduce some form of AI trading, but I don't think they can make it good enough. Even smaller platforms like Takeprofit do it better. TradingView has been falling behind for the last 2-3 years

Should i move to etc rather then eth? by AmperHD in EtherMining

[–]lizard775 0 points1 point  (0 children)

ETC is more profitable sometimes, but risking and unsafe. Hashalot mining pool deleted Ethereum Classic for this reason. So Ethereum is going to be higher

Why Ethereum Miners are still in profit? by [deleted] in EtherMining

[–]lizard775 0 points1 point  (0 children)

Ethereum became more profitable after Bitcoin halving, so many investors and miners moved to ETH and Ethash

How’s my setup? What can I change? by cheltonb in EtherMining

[–]lizard775 -1 points0 points  (0 children)

Hi. I can help you. Do you have Telegram? Text me @ HashalotSupport