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Cloud X Meso

מעודכן
Hello there fellow Traders!

Thanks for stopping by, so today I will be covering everything you need to to know about this TradingView strategy.

Below I will discuss everything you need to know about this strategy so you can get a full grasp of what the strategy is, the features, what it does, how it works, the benefits of how this strategy can help you, and the results.

What is Cloud X Meso?

-Cloud X Meso is a strategy that consists of 7 indicators to all line up for total confluence to take a buy or sell once all 6 indicators conditions are met. This strategy does not repaint and doesn't require any technical analysis to be used. The strategy can be used on any timeframe, and any instrument.

-I have optimized many different variations for different types of trading instruments of this strategy ready to be used. The difference of this strategy is that these variations do not need any reoptimization to keep up with recent market conditions since there are hardly any inputs used, which prevents common overfitting problems. The main goal was for this strategy to be automated, as well as plug and play or you can officially consider this as set and forever forget.

What does this strategy do?

-The main goal for this strategy is to catch long or short term trends by waiting for all 7 indicators to line up as well as using customized trading times to trade certain sessions where there is high amounts of volume in the market. This strategy doesn't always need to have a clear trending market, since it can also catch short term trends in choppy markets as well. Overall, the strategy tell you when it buys, sells, and exits after all conditions are met.

How does the strategy work?

-The way that this strategy works is when all of the indicators confluences are met. Next, a buy or sell label will print and the candles colors will color blue or red to show that the trade is in the buy or sell position followed along with a magenta colored line which is the trailing stop to follow the trade until the trade exits from the trailing stop being hit or if the strategies exit condition is met.

-The strategy does have a set Take Profit target since it relies on the trailing stop to end the trade. This is beneficial so you can catch any size of a trend move when the strategy is in high volume market sessions. You catch these trends by customizing the settings to toggle on or off certain indicators, functions, configuring a customized trading time, and toggling on or off certain trading days to make a specific approach for fine tuning a pair to trade in a certain time window with high amounts of volume to catch trending moves whether it be a long or short term trend.

Below I will explain each functionality of the strategy for you to better understand the different ways you can adjust the settings of this strategy.

Backtest Settings:
-You can use these settings to determine a start / end date of what results you would like to see in the strategy tester.
-You can determine the $ amount you would like to see on strategy testers results to be in terms of net profit and max drawdown.
-You can choose whether you want the strategy to take buys only, sells only, or buys and sells.

Automation:
-Compatible with Pine Connectors to fully automate this strategy for MT4/5
-It uses a % based risk when placing trades so you won't have to calculate a proper lot size or dollar amount.
-You can also put the symbol of what that strategy will be trading on so you know what pair its trading.

Custom Trading Times:
-When you customize a trading time for the strategy to trade in, the background will turn blue for that specific time window, and you can use the "Session Exit" function to have trades close once the time window ends when toggled on, or you can have the existing trades close on their own when "Session Exit" is toggled off.

Dynamic Trailing:
-The algorithm uses a volatility based indicator to determine proper stop loss placement depending on how volatile the market is. This will prevent you from guesstimating if your stop loss is too big or too small.
-When Dynamic trailing is off, then the strategy will use a Risk Reward based stop loss to trail everytime the trades hits a new Risk Reward target.
-You can also toggle on or off for the stop loss to go to break even once the trade hits a 1:1 Risk Reward.

Directional Bias Settings:
-This indicator is the main directional bias that uses a multi timeframe function to determine the directional bias, you can also use the Exponential Moving Average as a form of directional bias instead, or you can use both of them to work together to find the directional bias. You can also toggle each one on or off

Entry / Exit Settings:
-This indicator also uses a multi timeframe function but it determines the entry and exit for a trade when all confluences are met. You can also toggle the entry and exit functions on or off.

1 Candle Rule:
-This feature is inspired by No Nonsense Forex (NNFX) the main function of this is if your entry doesn't meet all the entry conditions, then the strategy will wait 1 more candle to meet all the entry conditions to take a trade.

No Trade Zone:
-This feature will uses a Volume based indicator to filter out low volume markets. The candles will turn grey to indicate the algorithm not to take trades, and you can also customize the sensitivity of how strong this indicator will filter out the low volume in the markets.

Indicator functions

Each indicator plays a certain role and also meets certain conditions when a buy or sell trade is placed. I will reveal 3 out of 7 of the indicators used to preserve the uniqueness of this strategy but overall, the logic of this strategies main goal is to ride long or short terms trends while getting dynamic Risk Reward trades.

-The first indicator that the strategy uses an Exponential Moving Average that is customizable, and is used as a form of a filter for either a long or short term directional bias to filter out false signals to help the algorithm trade with the trend.

-The second indicator that the strategy uses is an Oscillator which is the Wavetrend and this indicators functionality for the algorithm is used for the its buy and sell signals to line up with all the other indicators for confluence. This indicator can also be toggled on or off for you own preference

-The third indicator used is the Volume indicator, and this is used to give the other indicators the green light to enter a trade if there are high amounts of volume in the market.

What are the benefits of using this algorithm?

Stress Free Trading:
-Once automated, you will no longer need to stare at the charts all day, as well as trying to execute the trades on time or worried that you missed a setup. Or you can choose to take trades manually when a buy or sell signal comes up

Stress Free Risk Management:
-All you have to do is provide a risk % and the algorithm will do the rest of the work calculating the stop loss, exiting trades, etc. No more needing to find the right lot size, or dollar amount, all in all the strategy will manage the trades for you.

Psychology:
-when you choose to have a systematic trading approach, it eliminates a lot bad habits from human nature

What are the results like?

-I have multiple different variations of results of this strategy, but I will share one of the results.

Here is a screenshot below of what this strategy can do from just one of the variations.

תמונת-בזק

The backtest below was done with another variation on simulating a 100k account risking 0.50% per trade.

Thank you for taking the time to read through this whole guide, and I hope this helped you better understand the strategy.
הערות שחרור
This new versions main focus is about snipe entries, bug fixes, and risk management configurations listed below:

-Risk in Lots size or in %
-Toggle on or off for RR trailing
-Dynamic Trailing is now called "ALMA Stop Loss
-Offset is now called "Stop Loss Code"
-new configurations added to to longer terms trades
-Stop Loss Settings Added to choose between Stop Loss functions so you can snipe the markets.
-Stop Loss can now be fixed instead of trailing
-You can now choose to remove the stop loss for specific approaches
-Fixed the spamming error of alerts blasting rapidly every second
הערות שחרור
Fixed bug with the Dynamic function not working in Stop Loss Settings
הערות שחרור
New Update includes:
-Now compatible with Tradingview.to
-Added Risk Reward Selection if you want a Take Profit option
-Stop Loss Code is now called ALMA Stop Loss Code
- Enable Directional Bias 2 is now called Enable SL2 Directional Bias
-Enable Exit 2 is now called Enable SL2 Exit
algorithmalgorithmictradingalgotradingExponential Moving Average (EMA)multitimeframeVolume

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הוראות המחבר

To request access go to my profile and join the discord link that is attached to my signature or send me a private message here for the discord link. Drop me a DM for more purchase information and then fill out the form on discord to request access.

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