TradeSpec-Designed for Crypto, Stocks, Currencies and Futures

2018년 1월 3일

TradeSpec- Overview

1. Main Trend (gray line) lets you see your trailing stop as the the trend progresses and provide a definitive point to know where to execute your sell and lock in your profits. Also, you have the ability to adjust the indicator value based on your trading time frame and objective.

2. Initial stop value (pink dotted line) can be used to determine position size.

3. Specific price bars ( yellow or green) are highlighted to show potential starting points for new or continued trends.

4. Price Alerts Indicator (orange or green crosses above price) looks to highlight areas of importance during a trend. Become aware when the trend could be ready to plateau for a while or when a top could be forming. The alert markers can be used to tighten your trailing stop, remove a portion of the trade, or be used as an indication to remove the position entirely.

2018년 10월 2일

릴리즈 노트

Term Clarification

2019년 5월 17일

릴리즈 노트

Main trendline makes small adjustments based on ROC.

2019년 5월 17일

릴리즈 노트

Small adjustment to the initial stop indicator

2019년 5월 17일

릴리즈 노트

A quick update to the trend change color.

2019년 11월 2일

릴리즈 노트

I've updated the script to version 4 and have now included the position sizer with it.

TradeSpec will now automatically calculate the number of shares you can buy and the percentage of your capital to use. It will then display the values as a label above the last bar.

Position sizing is based on the initial stop indicator (pink dotted) line and the amount of risk you want to take per trade. You can use this value or use a custom stop value to determine your position size.

To determine the correct number of shares to purchase, you can adjust the portfolio value.

By combining all the indicators into one, you now have the ability to use other indicators in the lower panes.

2019년 11월 4일

릴리즈 노트

This is an update to the position sizing label.

It now appears with black text to make it easier to see.

2021년 1월 15일

릴리즈 노트

A minor change to the pivot point calculation for shorter term setups

2021년 2월 22일

릴리즈 노트

Refreshed titles to match for less confusion regarding the Main Trailing Stop Value.

2021년 6월 30일

릴리즈 노트

The latest version has the ability to step values for the "Main Trailing Stop Value" and the "Initial Stop Value" by .5 versus 1.

2022년 2월 8일

릴리즈 노트

Updated to Version 5

TradeSpec now allows you the option to calculate a short position automatically by using the Initial Stop Multiple( Short) value.
You can also display the Initial Stop Multiple (Short) and the Trailing Stop Multiple (Short) on the chart for visual reference.

TradeSpec lets you change the text color of the portfolio calculations. This allows you use any color theme and still be able to see % of account used and # of shares to buy or sell short.

2022년 2월 10일

릴리즈 노트

A quick update that allows you to color the portfolio calculation text based on going long or short. It's a quick visual cue to make sure you are displaying the correct calculation.

2022년 2월 23일

릴리즈 노트

The latest update allows you to display long, short and custom portfolio allocations in a table at once. This allows for a quick reference before making a decision.

2022년 2월 23일

릴리즈 노트

Minor display fix for table view

2022년 11월 14일

릴리즈 노트

Updated the Main Short Indicator and removed the table display from the bottom.

2022년 12월 7일

릴리즈 노트

Minor adjustments to the display settings

You now have the ability to turn the portfolio calculation display on or off while using the indicators.