TTP Teddy

2023년 3월 8일

This indicator is designed for scalping potential tops and bottoms.

The areaTH parameter acts like a quality filter. The highest this value the less signals you will get.

The RSI filters are there to prevent attempting to find bottoms in areas that are not oversold overbought.

The Teddy signal is the original but I also included Teddy 2 that waits for a divergence as confirmation.

In some cases this can be a better idea as an entry but in some others the original would be the perfect entry.

The indicator uses a combination of RSI, BB, and MA.

It supports alerts and its backtestable. Teddy and Teddy 2 signals are independent for alerts and for backtest stream.

2023년 3월 13일

릴리즈 노트

Teddy 2 signal performance improvements

2023년 8월 21일

릴리즈 노트

Fixes typo in teddy 2 alerts

2023년 11월 16일

릴리즈 노트

Teddy now can use Percentile Nearest Rank (PNR) to automatically adjust to market conditions.

No more need to provide a static limit for RSI to allow longs or shorts.

Let PNR pick the levels based on recent statistics from the market.

How does it work? instead of providing buy and sell RSI limits pick a percentile for buy and one for sell.

Decide the length of the look back. The longer you look back the more time you are considering and more picky.

Percentiles closer to 0 will rarely print any buy, percentiles too close to 100 rarely will print any sell signal.

If that wasn't enough we decided to also add the option to plot the RSI with the PNR selected levels in the chart, make sure to zoom the chart to focus it in the 0 to 100 values which is where the RSI normally moves.

Find a good balance for the parameters and have fun!

2023년 11월 27일

릴리즈 노트

v0.3

This version offers a lookback parameter.

Teddy uses RSI limits to filter out signals. Use the lookback parameter to relax these limits so that if the RSI used to be within the limits 2 candles ago and a signal triggers and you still this one to trigger, then use a lookback of 2.

Use lookback = 0 to disable this feature.

When using higher levels of lookback you should expect many more signals at the cost of potential lower quality ones.

2024년 12월 2일

릴리즈 노트

When using as a source from backtesters only select signals containing "backtest signal". Teddy or Teddy 2 are available.

The value 1 is for buy and 2 is for sell.

Remember to remove and add again to the chart and confirm using version 0.4