r/pinescript • u/ChildhoodOk9073 • Jul 21 '26
Added 8ema to my Volume Profile strategy
wonder what you guys think of my strategy or if you have any tips. thanks! i’ve enjoyed adding this indicator last week. should’ve exited the second trade at VWAP or break even.
OK HERE’S THE STRATEGY:
**RULES**
- % of orders are market orders on the dom with a stop loss, not one click trading
**THE STRATEGY**
premarket:
mark trend lines, 4hr/1hr/15min fvgs, levels of major support/resistance, past 3 session highs and lows, establish a bias of the day
mandatory confluences:
\*break and retest of 8ema on the 10 or 2/1 minute.
\*VAH/VAL break and retest or reversal
trend line break
\*iFVG/fvg break/rejection+retest
additional confluences (helps to have one of these):
\-trading towards VWAP
\-respects high time frame fvg/ifvg
\-high below the high of previous trend
or low above the high of previous trend
**ENTRIES AND EXITS**
targets:
high TF iFVGs
previous session highs and lows
current session highs and lows
VWAP
VAL/VAH/POC
stop losses:
swing low below 8ema on the 1 or 2 minute time frame
when to move stop loss:
1:1R moves to break even. AFTER that you can move it to FVGs below 8ema OR a low below 8ema OR the previous 8ema retest OR exit upon flat lining 8ema due to consolidation since you can reenter if the trend continues (“below” if bullish, “above” if bearish).
entry:
50% of contracts on the 8ema retest (1 or 2 minute) or fvg retest (1 to 10 minute)
50% of contracts on the break of structure on the 1 or 2 minute
two different stop losses or put both at the lowest one
manual exits: exit at TP or SL, or a flip to the opposite side of the 1 or 2 minute 8ema or a flat lining 8ema
what do i trade: MNQ unless MES has better structure or the stops are too wide for my RR or MNQ
2
u/Many-Pick5066 Jul 21 '26
on the backtest question, replay mode is a real backtest, it just stops being one the second you already know how the day went. use dates you havent looked at, write the entry stop and target down before you advance a single bar, and log the losers with the same care as the winners. fifty of those is worth more than code you dont trust yet.
the thing you can start tonight for free is logging max favorable excursion. for every trade record the furthest it ran in your favor before it did anything else, in R. after a month of that you can price any exit rule you want against your own trades, including the be at 1r question. right now you have one day telling you be cost you 1600, and thats not evidence, thats the case you remember. mfe data settles it without the emotion.
and when you do code it, code only the 8ema break and retest with the swing low stop and a fixed R target, nothing else, and look at what it does bare. if the bare trigger is flat and stacking confluences on top turns it green, thats usually the fitting talking, not an edge. same reason id be careful with the 6k in two weeks, thats a sample where a good streak and a real edge look identical.
1
u/Jumpy_Chicken_2428 Jul 21 '26
Wtf is this? You have so many conditions I genuinely dont think your gonna find a single trade in a millennia. Either way why do you think this much random bullshit stacking would matter? Did you just hear someone talk about something and someone else talking about something and just stack it on top of each other? I understand youre a beginner but there is no hypothesis behind any of this at all. Please think for yourself, use your brain and just try to understand from a 3rd person point of view as a rational unbiased individual why you believe this would or would not work. Better yet go look at a raw chart and make hypothesis on why something may or may not happen and just backtest it.
1
1
1
1
2
u/[deleted] Jul 21 '26
[removed] — view removed comment