A trader shares how they improved their Pine Script trading strategy by 40% and offers insights on how others can do the same.
The initial script showed promising results in historical testing, but failed when switched to live trading due to early/late entries, false signals, and random stop-loss placement.
The trader fixed the issues by adding a long-term moving average filter, implementing a confirmation rule, and testing a dynamic profit target.
These changes significantly reduced bad trades, increased the average winning trade size, and improved overall strategy returns by 40%.