This is a swing trading strategy that combines Hull MA, price channel, EMA signal and linear regression. It uses Hull MA to determine market trend direction, price channel and linear regression to identify bottom area, EMA signal to time market entry, in order to capture medium-term trends.
The strategy consists of the following main indicators:
Entry Logic:
Long Entry: Hull MA pointing up and price above upper band, linear regression crossing up EMA signal Short Entry: Hull MA pointing down and price below lower band, linear regression crossing down EMA signal
Exit Logic:
Long Exit: Price below lower band and crossing down linear regression Short Exit: Price above upper band and crossing up linear regression
The strategy has the following advantages:
There are also some risks:
Improvements:
The strategy combines Hull MA, price channel, EMA and linear regression for a complete medium-term swing trading strategy. Compared to single indicator strategies, it improves accuracy significantly in catching trends and reversals. But there are still risks, requiring technical analysis knowledge. Further improvements on parameters and logic can enhance stability.
/*backtest start: 2023-11-23 00:00:00 end: 2023-11-30 00:00:00 period: 1m basePeriod: 1m exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}] */ //@version=2 strategy("Swing Hull/SonicR/EMA/Linear Regression Strategy", overlay=true) //Hull MA n=input(title="HullMA Period",defval=377) // n2ma=2*wma(close,round(n/2)) nma=wma(close,n) diff=n2ma-nma sqn=round(sqrt(n)) // n2ma1=2*wma(close[1],round(n/2)) nma1=wma(close[1],n) diff1=n2ma1-nma1 sqn1=round(sqrt(n)) // n1=wma(diff,sqn) n2=wma(diff1,sqn) condDown = n2 >= n1 condUp = condDown != true col =condUp ? lime : condDown ? red : yellow plot(n1,title="Hull MA", color=col,linewidth=3) // SonicR + Line reg EMA = input(defval=89, title="EMA Signal") HiLoLen = input(34, minval=2,title="High Low channel Length") lr = input(89, minval=2,title="Linear Regression Length") pacC = ema(close,HiLoLen) pacL = ema(low,HiLoLen) pacH = ema(high,HiLoLen) DODGERBLUE = #1E90FFFF // Plot the Price Action Channel (PAC) base on EMA high,low and close// L=plot(pacL, color=DODGERBLUE, linewidth=1, title="High PAC EMA",transp=90) H=plot(pacH, color=DODGERBLUE, linewidth=1, title="Low PAC EMA",transp=90) C=plot(pacC, color=DODGERBLUE, linewidth=2, title="Close PAC EMA",transp=80) //Moving Average// signalMA =ema(close,EMA) plot(signalMA,title="EMA Signal",color=black,linewidth=3,style=line) linereg = linreg(close, lr, 0) lineregf = linreg(close, HiLoLen, 0) cline=linereg>linereg[1]?green:red cline2= lineregf>lineregf[1]?green:red plot(linereg, color = cline, title = "Linear Regression Curve Slow", style = line, linewidth = 1) //plot(lineregf, color = cline2, title = "Linear Regression Curve Fast", style = line, linewidth = 1) longCondition = n1>n2 shortCondition = longCondition != true closeLong = lineregf-pacH>(pacH-pacL)*2 and close<lineregf and linereg>signalMA closeShort = pacL-lineregf>(pacH-pacL)*2 and close>lineregf and linereg<signalMA if shortCondition if (close[0] < signalMA[0] and close[1] > pacL[1] and linereg>pacL and close<n1 and pacL<n1) //cross entry strategy.entry("SHORT", strategy.short, comment="Short") strategy.close("SHORT", when=closeShort) //output logic if longCondition // swing condition if (close[0] > signalMA[0] and close[1] < pacH[1] and linereg<pacH and close>n1 and pacH>n1) //cross entry strategy.entry("LONG", strategy.long, comment="Long") strategy.close("LONG", when=closeLong) //output logictemplate: strategy.tpl:40:21: executing "strategy.tpl" at <.api.GetStrategyListByName>: wrong number of args for GetStrategyListByName: want 7 got 6