This strategy trades both long and short on the price chart. It enters long after a five percent or larger drop over the last thirty minutes and short after a matching rise. Two dollar-cost-averaging adds increase size when price moves against the position. A
Strategy · Pine Script v4 · On the chart
Lazarus3 BTC Backtest
This is a Pine Script strategy that executes a fixed historical backtest on BTC-USD.
GitHub stars12on the repository
Pine versionv4older, still runs
Lines of code35
Settings0inputs
LicenceNone stated
Last update5 years ago13 Oct 2021
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Lazarus3 BTC Backtest places multiple manual trades using strategy.order at specific timestamps and prices, with corresponding close conditions based on time. Some trades are long and some are short with varying position sizes. The script draws directly on the price chart as an overlay and has no stop loss or dynamic indicators. All logic is hardcoded for a two-hour BTC session in August 2018 with no user inputs.
- fixed timestamp entries
- manual position sizing
- time-based exits
- BTC-USD 2h backtest
- overlay on price chart
Details
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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