If you couldn't tell by the title, this is a joke lmao.
TV has an awful backtesting engine and I just wanted to prove this with a super simple script.
We buy when close > open
and sell when close < open.
There is also some risk management and trade closing when we reach a certain drawdown, but wait!
TradingView doesn't know what equity drawdown...
an adaptation of td count that removes the cap on 9, but instead updates the shoulder when we go past 9. that way it's sort of like a tweaked shoulder in strong mo, hopefully it gives more meaningful s/r levels.
Converted the script "Coin Flipper Pro" into a Strategy. The same random "Coin Flip" trading fun with new features. Now users can run back test on the random trades and see how adjusting the risk to reward ratio affects the over all win rate and the profit of each trade. The Back test can be enabled or disabled in the settings along with the option to choose...
Have you ever wondered how your win rate compares with flipping a coin? Well now you can check with Coin Flipper Pro!
This script produces a random position direction like flipping a coin and sets up a long or short trade based on you desired risk % and target ratio.