Frequently Asked Questions

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What is a trading strategy ?

When we refer as a "Trading Strategy" on TradeSearcher, we actually mean a TradingView Strategy (or Script), which is an automated indicator that plot buy and sell signals on your chart.

A regular Trading Strategy mean a trading plan that you follow to make your trades.

TradingView strategies are similar to a trading plan, but they are automated and can be backtested. This is particularly useful to put your ideas into data and backtest them to see if they are profitable and on which symbols and timeframes.You can find more information about TradingView strategies on their website.

What can you do with TradeSearcher ?

TradeSearcher allows you to search for TradingView strategies (scripts) that have already been tested by thousands of other users on various symbols and timeframes.

The search engine allows you to filter strategies by market (crypto, stock, forex), symbol (Bitcoin, EUR/USD), timeframe (5 min, 15 min, 1h..), strategy type (scalping, AI), and more.

This can save you hours of research by looking up quickly on what have been working well in the past and use them for your own purpose.

Let's take a particular example : You are looking to trade Bitcoin (BTCUSD) on the 5 mins timeframe for a short term strategy.Yo could manually test hundreds of strategies on TradingView and make your own calculations, or you can use TradeSearcher to find the best strategies for what you are trying to achieve.

What is the best way to use it ?

We have built TradeSearcher as a tool to help you find new ideas and perfect your own trading plan, you should not blindy follow TradeSearcher or any strategy without proper analysis.

We believe the best traders are the one who knows how to make use of all the tools available to them while also adding their own analysis to it.

Proving signals : One way to use TradeSearcher is as a signal provider. Look out for a trading strategy that match your criteria, and then setups alerts on TradingView to get notified when a buy or sell signal is triggered.

Basing your strategy on it : Another way to use TradeSearcher is as an advisor of which trading strategies currently work well in the market you are looking to trade. For example, you may notice that a particular strategy you like for a given symbol is using RSI/EMA indicators, and you could then use this information to build and perfect your own strategy.

Automate it : Finally, you may use TradeSearcher for automation by selecting strategies that shows a strong backtesting performance and then use them as an automated trading bot or as a base to build your own PineScript strategy based on it by improving it.

How to use the TradeSearcher app ?

Start by creating an account to access the app, has the static pages for visitors are limited in terms of data.

1. Search for a particular ticker : (Bitcoin, EUR/USD, Apple, etc...) or a market (crypto, stock, forex) you're interested in.

2. Sort/Filter according to your preferences : You then see the result array for your search. Use the filters/columns tab to adjust what you see based on your preferences. You may want to sort by Sharpe Ratio, Risk/Reward or ROI depending on what you are looking for.

3. Watch strategy details : When clicking on a particular strategy, you can see the full performance report of the strategy (on the particular symbol you're looking at). You also see the performance graph that shows how the strategy has performed over time, it's probably the first important data to look at since it shows you the volatility and the global performance in a single graph.

4. Watch the strategy on TradingView : To access the strategy on TradingView for real-time trading or automation, just click the "TradingView" button. Once on TradingView, open the "Indicators" Tab and paste the strategy name (that has been copied to the clipboard) into the search bar. You can then add the strategy to your chart and start using it.

Are Trading Strategies on TradeSearcher repainting ?

Repainting is a term to describe trading strategies that are (intentionally or not) using future data while calculating each buy/sell signal, in other words it is cheating. It's a common issue with TradingView strategies that can be limited with some preventive techniques

The best way to actually test if a strategy is repainting is by limiting the amount of data it has access to while backtesting it.

All TradeSearcher strategies are backtested with our custom built Anti-Repainting system that analyze the strategy code and limit the amount of data it has access to while backtesting it. This way, we try to limit the obvious repainting strategies, but keep in mind that there is no perfect solution to this problem and that the TradingView backtesting system itself is not perfect. You can learn more about repainting strategies on TradingView website.

Can I get-rich-quick with trading ?

We don't believe trading is a get rich quick scheme. Trading is a real work that requires patience, discipline and also time. We also believe that there is not such thing as a "perfect strategy". While some strategies are greater than others, keep in mind that whenever you are increasing profits, you are also probably increasing risk.

We built TradeSearcher as a tool to help traders refine their own trading strategies and get a clearer picture of what to do, not as a tool to blindly follow.
It is also important to remember that what has worked in the past may not work in the future, therefore you should always paper trade your trading strategy before putting in real money.