Scaled Normalized Vector Strategy by capissimo
By capissimo
Performance Metrics
- Author: capissimo
- Symbol: COINBASE:BTCUSD
- Timeframe: 15 minutes
Description
Aug 15, 2019This is a scaled Normalized Vector Strategy with a Karobein Oscillator Original: Drkhodakarami (tradingview.com/script/Fxv2x...) Repainting: in general there two types of repainting: * when the last candle is constantly being redrawn * when the indicator draws a different configuration after it has been deactivated/reactivated, i.e. refreshed. The former is a natural behaviour, which presents a constant source of frustration, when a signal directly depends on the current market situation and can be overcome with various indirect techniques like divergence. The latter suggests a flaw in the indicator design. Unfortunately, the Normalized Vector Strategy is repainting in the latter sense, although being really promising. Would be nice if our community suggests a solution to this problem )) As it is this strat should be refreshed each time a decision is being taken. This strat consistently performs with high accuracy, showing up to 96% scores. Here are some of the best parameters: TF Lookback Performance (ca.) 1m 13 92% 3m 34 92% 5m 85 92% 15m 210 90% 30m 360 89% 1H 1440, 720 94%, 87% The Karobein Oscillator has an intrinsic sinusoidal behaviour that helps in determining direction and timing. It does not repaint. Original: alexgrover (tradingview.com/script/JiNi0...)Apr 10, 2024Release NotesMajor fixes. Updated to PineScript version 5.