Skip to content
Open
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
358 changes: 358 additions & 0 deletions README_Prometheus.md
Original file line number Diff line number Diff line change
@@ -0,0 +1,358 @@
# VSVTrend: An Intelligent, Adaptive Trading Strategy for TradingView

## Project Overview

VSVTrend is an advanced trading strategy script designed for TradingView, offering a sophisticated approach to financial market analysis and trading. The project aims to develop a highly adaptable and intelligent trading indicator that can be used across various financial markets and timeframes.

### Core Purpose
The primary goal of VSVTrend is to create an "alpha indicator" strategy that provides traders with a robust, flexible, and intelligent trading tool. By combining multiple technical analysis techniques and innovative filtering mechanisms, the strategy seeks to:
- Minimize false trading signals
- Provide adaptive risk management
- Offer customizable trading parameters
- Support comprehensive backtesting

### Key Features
- **Adaptive Trading Mechanism**: Utilizes Supertrend indicator with configurable parameters
- **Flexible Strategy Control**:
- On/Off toggle for the entire strategy
- Optional Supertrend filter
- Configurable stop loss and take profit percentages
- **Risk Management**:
- Percentage-based equity allocation
- Automatic stop loss and take profit exits
- **Versatility**: Compatible with multiple timeframes and financial instruments
- **Continuous Improvement**: Open-source approach encouraging community contributions and refinement

## Getting Started

### Quick Start for TradingView

To quickly start using the VSVTrend Strategy:

1. Open TradingView
2. Navigate to the Pine Editor
3. Create a new script
4. Copy and paste the entire content of `VSVTrend.pine`
5. Compile and add the strategy to your chart

### Basic Configuration

The strategy offers several configurable parameters:

- `Strategy ON/OFF`: Toggle the entire strategy on or off
- `Supertrend filter`: Enable/disable the Supertrend filter
- `ATR period`: Adjust the Average True Range period (default: 10)
- `Factor`: Modify the Supertrend sensitivity (default: 3.0)
- `Stop Loss`: Set stop loss percentage (default: 1.5%)
- `Take Profit`: Set take profit percentage (default: 3.0%)

### Quick Usage Guidelines

- The strategy works on all timeframes
- Compatible with long and short trading positions
- Visual Supertrend indicator helps identify market trends
- Adjust parameters to match your trading style and risk tolerance

### Compatibility

- Platform: TradingView
- Pine Script Version: 5
- Recommended for experienced traders and algorithmic trading enthusiasts

## Installation and Setup

### Prerequisites
- TradingView Pine Script v5 compatible account
- Active TradingView subscription recommended for full strategy utilization

### Installation
1. Open TradingView Pine Editor
2. Create a new Pine Script
3. Copy and paste the entire contents of `VSVTrend.pine` into the editor
4. Compile the script by clicking "Add to Chart"

### Configuration Options
The strategy provides several configurable inputs:
- `Strategy ON/OFF`: Toggle the entire strategy
- `Supertrend filter`: Enable/disable Supertrend technical indicator filter
- `ATR period`: Adjust the Average True Range calculation period (default: 10)
- `Factor`: Supertrend sensitivity factor (default: 3.0)
- `Stop Loss`: Set stop loss percentage (default: 1.5%)
- `Take Profit`: Set take profit percentage (default: 3.0%)

### Usage Notes
- Compatible with all trading instrument timeframes
- Recommended to backtest thoroughly before live trading
- Adjust input parameters based on your specific trading requirements and risk tolerance

### Deployment
- No separate deployment required; strategy is directly implemented in TradingView
- Simply add the script to your chart after copying the code

## Dataset

### Data Source and Structure

This project utilizes financial trading data directly from the TradingView platform's Pine Script environment. The strategy is designed to work with:

- Financial market price data
- Supports all timeframes and asset classes
- Uses internal TradingView data feeds

#### Key Data Components
- Price data (open, close, high, low)
- Adaptive indicators
- Supertrend filter metrics
- ATR (Average True Range) calculations

#### Data Parameters
- ATR Period: Configurable (default: 10)
- Supertrend Factor: Configurable (default: 3.0)

*Note: No external dataset is bundled with this repository. The strategy dynamically processes market data during runtime.*

## Model Architecture and Training

### Model Architecture and Trading Strategy

#### Strategy Overview
The VSVTrend strategy is implemented as a Pine Script strategy for TradingView, utilizing several key technical analysis components:

##### Key Components
- **Supertrend Indicator**: Uses Average True Range (ATR) to determine market trends
- Configurable ATR period (default: 10)
- Configurable factor for trend sensitivity (default: 3.0)
- **Entry Conditions**:
- Long entry when Supertrend indicates an upward trend
- Short entry when Supertrend indicates a downward trend
- **Risk Management**:
- Configurable Stop Loss (default: 1.5%)
- Configurable Take Profit (default: 3.0%)
- Position sizing based on percentage of equity (default: 10%)

#### Strategy Parameters
- **Strategy Toggle**: On/Off switch to enable/disable trading
- **Supertrend Filter**: Option to enable/disable Supertrend trend filtering
- **ATR Period**: Defines the lookback period for Average True Range calculation
- **ATR Factor**: Adjusts the sensitivity of the Supertrend indicator

#### Training and Optimization
While a full machine learning training script is not present in the repository, the strategy offers flexibility through configurable parameters that can be fine-tuned based on backtesting results.

##### Recommended Optimization Approach
1. Adjust parameters in TradingView's strategy tester
2. Validate performance across different timeframes
3. Experiment with ATR period and factor settings
4. Modify stop loss and take profit percentages

**Note**: Future development may include an AI/ML module for false signal detection, as mentioned in the project description.

## Evaluation and Results

### Performance Metrics and Evaluation

The VSVTrend strategy is implemented as a TradingView Pine Script, with built-in backtesting capabilities that allow for comprehensive performance evaluation.

#### Key Evaluation Components
- **Backtesting Framework**: Integrated directly into the TradingView platform
- **Performance Parameters**:
- Entry/Exit Conditions: Based on Supertrend indicator direction
- Risk Management: Configurable Stop Loss and Take Profit percentages
- Stop Loss: Configurable, default set to 1.5%
- Take Profit: Configurable, default set to 3.0%

#### Strategy Configuration for Evaluation
- Strategy Toggle: Can be turned on/off via `show_strategy` input
- Supertrend Filter: Optional, can be enabled/disabled with `use_supertrend`
- Configurable Parameters:
- ATR Period: Default 10
- Supertrend Factor: Default 3.0
- Position Size: 10% of equity per trade

#### Recommended Evaluation Approach
1. Enable the strategy in TradingView Pine Editor
2. Apply to desired financial instrument and timeframe
3. Use TradingView's built-in Strategy Tester for comprehensive performance analysis
4. Adjust parameters to optimize performance across different market conditions

**Note**: Actual performance will vary based on market conditions, selected financial instrument, and specific configuration parameters.

## Inference / How to Use the Model

## How to Use the Model

### Strategy Deployment
This VSVTrend strategy is designed for TradingView and can be implemented directly in the Pine Script editor.

### Configuration Options
The strategy provides several configurable inputs to customize its behavior:

- **Strategy ON/OFF Toggle**: Enable or disable the entire strategy using the `show_strategy` input
- **Supertrend Filter**: Toggle the Supertrend filter with `use_supertrend` input
- **ATR Period**: Configure the Average True Range period (default: 10)
- **ATR Factor**: Adjust the Supertrend calculation factor (default: 3.0)
- **Stop Loss**: Set stop loss percentage (default: 1.5%)
- **Take Profit**: Set take profit percentage (default: 3.0%)

### Inference Process
1. Open TradingView
2. Go to Pine Script Editor
3. Copy the entire contents of `VSVTrend.pine`
4. Paste into a new Pine Script strategy
5. Apply to desired chart/timeframe
6. Adjust input parameters as needed

### Example Usage
```pine
// Default configuration
strategy("VSVTrend Strategy",
overlay=true,
default_qty_type=strategy.percent_of_equity,
default_qty_value=10)
```

### Recommendations
- Test strategy on different timeframes and assets
- Use backtesting to validate performance
- Adjust parameters based on specific trading requirements
- Monitor false signal detection through AI/ML module

### Limitations
- Requires TradingView platform
- Performance may vary across different market conditions
- AI/ML false signal detection is experimental

## Technologies Used

### Programming Languages
- Pine Script (v5)
- Python

### Development and Trading Platforms
- TradingView

### Key Libraries and Frameworks
- TradingView Pine Script Standard Library
- Technical Analysis Functions (`ta` module)
- Supertrend Indicator
- ATR (Average True Range)

### Trading and Analysis Tools
- Strategy Development
- Backtesting
- Technical Indicator Creation

### Planned/Mentioned Machine Learning Tools
- Python-based ML framework (implied by ML module, but specific library not detailed in current files)

## Project Structure

The project contains the following key files:

### Main Strategy File
- `VSVTrend.pine`: The primary Pine Script strategy implementation for TradingView. This script contains the core trading logic, including:
- Strategy configuration
- Input parameters (strategy on/off, Supertrend filter)
- Entry and exit conditions
- Take Profit and Stop Loss mechanisms

### Project Files
- `README.md`: Project documentation and overview
- `LICENSE`: Licensing information for the project

### Key Components
- Implements a trading strategy with configurable parameters
- Uses Supertrend indicator for trade signals
- Supports long and short trading conditions
- Includes custom Take Profit and Stop Loss settings

## Contributing

We welcome contributions to the VSVTrend Strategy! Here's how you can help improve the project:

### Ways to Contribute
- Report bugs or suggest improvements by opening GitHub issues
- Submit pull requests with code enhancements
- Share your trading insights or strategy modifications
- Help improve the AI/ML false signal detection module

### Development Setup
1. You'll need Pine Script v5 compatible environment (TradingView)
2. Basic understanding of trading strategies and Pine Script is recommended

### Code Contribution Guidelines
- Follow existing code style in `VSVTrend.pine`
- Add comments to explain complex logic
- Test your changes thoroughly on different timeframes
- Ensure changes align with the project's goal of creating an "alpha indicator" strategy

### Reporting Issues
- Use GitHub Issues to report bugs
- Include detailed information:
- TradingView version
- Pine Script version
- Specific error or unexpected behavior
- Steps to reproduce the issue

### Testing
Currently, testing is primarily done through TradingView's built-in backtesting functionality:
- Use the strategy on different assets and timeframes
- Compare performance metrics
- Validate strategy logic and performance

### Feature Requests
Have an idea to improve the strategy? Open an issue with:
- Detailed description of the proposed feature
- Potential implementation approach
- Expected benefits

### Code of Conduct
- Be respectful and constructive
- Focus on collaborative improvement
- Welcome diverse perspectives on trading strategy development

**Note:** This is an open-source project aimed at community-driven strategy enhancement. Your contributions are valuable!

## License

This project is licensed under the [MIT License](LICENSE).

### License Details
- The MIT License is a permissive free software license that allows users to do almost anything with the project's code with limited restrictions
- You can use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the software
- The only requirement is to include the original copyright notice and the license text in any substantial portion of the software

For the full license text, please see the [LICENSE](LICENSE) file in the repository.

## Additional Notes

### Performance Considerations
- The strategy is designed to work across various timeframes, offering flexibility for different trading styles.
- Default equity allocation is set to 10% per trade, which can be adjusted based on individual risk tolerance.

### Customization Options
Traders can fine-tune the strategy through several input parameters:
- Strategy On/Off toggle
- Supertrend filter enable/disable
- ATR (Average True Range) period adjustment
- Supertrend factor modification
- Stop Loss percentage (default: 1.5%)
- Take Profit percentage (default: 3%)

### Limitations and Considerations
- The strategy relies on the Supertrend indicator for trade signals
- Backtesting results may differ from live trading performance
- No guarantee of profitable trades; always use proper risk management

### Future Development
The project is open to community contributions and continuous improvement. Potential areas of enhancement include:
- Refinement of AI/ML false signal detection
- Additional technical indicator integrations
- Enhanced risk management techniques

### Disclaimer
This trading strategy is provided for educational and research purposes only. Trading involves significant financial risk, and users should:
- Thoroughly test the strategy
- Use appropriate risk management
- Never invest more than they can afford to lose
- Consult with a financial advisor before making investment decisions