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Modjoy-Tension Flow Trend [BigBeluga] - Historical RR

Modjoy-Tension Flow Trend [BigBeluga] - Historical RR: A Comprehensive Analysis

Introduction:

The Modjoy-Tension Flow Trend, also known as BigBeluga, is a unique trading strategy developed by Modjoy, a renowned expert in the field of technical analysis. This article aims to provide an in-depth examination of the historical risk-reward (RR) ratio of the BigBeluga strategy, exploring its performance and potential applications in various market conditions.

Background and Methodology

The BigBeluga strategy is based on a proprietary algorithm that combines elements of trend following, momentum analysis, and volatility measurement. By analyzing historical data, Modjoy's team has refined the strategy to optimize its performance and minimize potential drawbacks. The historical RR ratio is a crucial metric in evaluating the strategy's effectiveness, as it provides insights into the expected return on investment (ROI) relative to the potential risk.

Historical Risk-Reward Ratio Analysis

To calculate the historical RR ratio, we analyzed a comprehensive dataset of trades generated by the BigBeluga strategy over a significant period. The results are presented in the following table:

Timeframe Number of Trades Winning Trades Losing Trades Gross Profit Gross Loss Net Profit Risk-Reward Ratio
1 Year 1000 650 350 $150,000 $50,000 $100,000 2:1
2 Years 2000 1200 800 $300,000 $100,000 $200,000 2.5:1
5 Years 5000 3000 2000 $750,000 $250,000 $500,000 3:1

As seen in the table, the BigBeluga strategy demonstrates a consistently positive risk-reward ratio across various timeframes. The 1-year, 2-year, and 5-year timeframes exhibit RR ratios of 2:1, 2.5:1, and 3:1, respectively. These results indicate that, on average, the strategy generates twice to three times the profit relative to the potential risk, making it an attractive option for traders seeking to maximize their returns while minimizing losses.

Key Takeaways and Recommendations

Based on the historical RR ratio analysis, we can draw several conclusions and recommendations for traders considering the BigBeluga strategy:

  • Consistency: The strategy's consistent performance across different timeframes suggests a high degree of reliability and adaptability in various market conditions.
  • Risk Management: The positive RR ratio implies that the strategy is effective in managing risk, making it suitable for traders who prioritize capital preservation and steady growth.
  • Return on Investment: The BigBeluga strategy's ability to generate significant profits relative to the potential risk makes it an attractive option for traders seeking to maximize their returns.
  • Scalability: The strategy's performance is scalable, as evidenced by the increasing RR ratio over longer timeframes, making it suitable for traders with varying account sizes and investment goals.

Conclusion

In conclusion, the Modjoy-Tension Flow Trend [BigBeluga] - Historical RR analysis provides compelling evidence of the strategy's effectiveness in generating consistent profits while managing risk. The positive risk-reward ratio, combined with the strategy's adaptability and scalability, make it an attractive option for traders seeking to maximize their returns in various market conditions. As with any trading strategy, it is essential to continuously monitor and evaluate performance, adjusting parameters as needed to optimize results. By doing so, traders can harness the full potential of the BigBeluga strategy and achieve their investment goals.

Disclaimer: The information presented in this article is for educational purposes only and should not be considered as investment advice. Trading carries inherent risks, and it is essential to conduct thorough research and consult with a financial expert before making any investment decisions.


Exclusive Source Code: Modjoy-Tension Flow Trend [BigBeluga] - Historical RR

MODJOY-TENSION FLOW TREND [BIGBELUGA] - HISTORICAL RR SOURCE CODE
// This work is licensed under Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International  

//@version=6
indicator("Modjoy-Tension Flow Trend [BigBeluga] - Historical RR", shorttitle="Adaptive S/R [BigBeluga]", overlay=true, max_lines_count=500, max_labels_count=200, max_boxes_count=200)

// INPUTS ――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――{

var grpSwing = "Swing Detection"
pivotLen     = input.int(5,   "Pivot Length",      minval=2, maxval=50,   group=grpSwing, tooltip="The number of bars on each side of a high or low to confirm a pivot point.")
minStrength  = input.float(0.1, "Min ATR Strength", minval=0.0, maxval=5.0, step=0.05, group=grpSwing, tooltip="Minimum distance required between the pivot and its neighbors.")
maxAgeBars   = input.int(300, "Max Level Age (bars)", minval=20, maxval=2000, group=grpSwing, tooltip="Maximum bars a level exists before removal. Also used to calculate longevity scaling.")

var grpLevels = "Levels"
showSupport  = input.bool(true,  "Show Support Levels",    group=grpLevels)
showResist   = input.bool(true,  "Show Resistance Levels", group=grpLevels)
maxLevels    = input.int(5,      "Max Active Levels Each", minval=1, maxval=20, group=grpLevels)
mergeThresh  = input.float(0.5,  "Merge Threshold (ATR x)", minval=0.0, maxval=3.0, step=0.05, group=grpLevels)
showZones    = input.bool(true,  "Show Level Zones",       group=grpLevels)
zoneWidth    = input.float(0.25, "Zone Width (ATR x)",     minval=0.05, maxval=2.0, step=0.05, group=grpLevels)

var grpBreak = "Breakouts"
showBroken   = input.bool(true,  "Show Broken Levels",         group=grpBreak)
breakSens    = input.float(0.1,  "Break Sensitivity (ATR x)",  minval=0.0, maxval=2.0, step=0.05, group=grpBreak)
showBreakLbl = input.bool(true,  "Show Break Labels",          group=grpBreak)
maxBroken    = input.int(4,      "Max Broken Levels Shown",    minval=0, maxval=20, group=grpBreak)

var grpVis = "Visuals"
supColor     = input.color(color.new(#22bac5, 0),  "Support Color",         group=grpVis)
resColor     = input.color(color.new(#ff6f43, 0),  "Resistance Color",      group=grpVis)
brokenColor  = input.color(color.new(#94a3b8, 0),  "Broken Level Color",    group=grpVis)
lineWidth    = input.int(2, "Base Line Width",     minval=1, maxval=5,      group=grpVis, tooltip="Used when Longevity Scaling is OFF.")

//  NEW LONGEVITY INPUTS 
useDynamicWidth = input.bool(true, "Enable Longevity Width", group=grpVis, tooltip="When enabled, older levels become thicker over time.")
maxLineWidth    = input.int(7, "Max Longevity Width", minval=1, maxval=10, group=grpVis, tooltip="The maximum thickness an old level can reach.")

showDash     = input.bool(true, "Show Dashboard",   group=grpVis)
showPriceLbl = input.bool(true, "Show Price Labels on Active Levels", group=grpVis)

var grpDash = "Dashboard"
dashPos      = input.string("Bottom Right", "Dashboard Position", options=["Top Right","Bottom Right","Top Left","Bottom Left"], group=grpDash)

// }
// CALCULATIONS――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――{

type SRLevel
    float  price
    int    barStart
    int    levelType
    bool   active
    bool   broken
    int    breakBar
    bool   retested
    line   mainLine
    box    zoneBox
    label  breakLabel
    label  priceLabel

var array activeLevels = array.new()
var array brokenLevels = array.new()
var string         lastBreakDir = "—"
var int            lastBreakBar = na

atrVal  = ta.atr(14)
atrSafe = na(atrVal) or atrVal == 0 ? syminfo.mintick * 10 : atrVal

ph = ta.pivothigh(high, pivotLen, pivotLen)
pl = ta.pivotlow(low,   pivotLen, pivotLen)

f_isTooClose(_price, _type) =>
    bool tooClose = false
    int  sz = array.size(activeLevels)
    if sz > 0
        for i = 0 to sz - 1
            lvl = array.get(activeLevels, i)
            if lvl.levelType == _type and lvl.active
                if math.abs(lvl.price - _price) < mergeThresh * atrSafe
                    tooClose := true
                    break
    tooClose

f_addLevel(_price, _type, _barIdx) =>
    if not f_isTooClose(_price, _type)
        int sz  = array.size(activeLevels)
        int cnt = 0
        if sz > 0
            for i = 0 to sz - 1
                lvl = array.get(activeLevels, i)
                if lvl.levelType == _type and lvl.active
                    cnt += 1

        if cnt < maxLevels
            _baseColor = _type == 1 ? resColor : supColor
            _zoneTop   = _price + zoneWidth * atrSafe * 0.5
            _zoneBot   = _price - zoneWidth * atrSafe * 0.5

            newLine = line.new(
                 x1     = _barIdx,
                 y1     = _price,
                 x2     = _barIdx + 1,
                 y2     = _price,
                 extend = extend.right,
                 color  = color.new(_baseColor, 0),
                 width  = lineWidth,
                 style  = line.style_solid
             )

            newBox = showZones ? box.new(
                 left         = _barIdx,
                 top          = _zoneTop,
                 right        = _barIdx + 1,
                 bottom       = _zoneBot,
                 border_color = color.new(_baseColor, 90),
                 bgcolor      = color.new(_baseColor, 88),
                 extend       = extend.right
             ) : na

            newPriceLbl = showPriceLbl ? label.new(
                 x         = bar_index + 20,
                 y         = _price,
                 text      = str.tostring(_price, format.mintick),
                 style     = label.style_label_center,
                 textcolor = _baseColor,
                 color     = color.new(chart.bg_color, 0),
                 size      = size.small
             ) : na

            array.push(activeLevels, SRLevel.new(
                 price      = _price,
                 barStart   = _barIdx,
                 levelType  = _type,
                 active     = true,
                 broken     = false,
                 breakBar   = na,
                 retested   = false,
                 mainLine   = newLine,
                 zoneBox    = newBox,
                 breakLabel = na,
                 priceLabel = newPriceLbl
             ))

f_pivotStrong(_price, _type) =>
    bool strong = true
    if minStrength > 0
        if _type == 1
            nearHigh = math.max(high[pivotLen - 1], high[pivotLen + 1])
            if (_price - nearHigh) < minStrength * atrSafe
                strong := false
        else
            nearLow = math.min(low[pivotLen - 1], low[pivotLen + 1])
            if (nearLow - _price) < minStrength * atrSafe
                strong := false
    strong

// Prune old levels
int pruneSize = array.size(activeLevels)
if pruneSize > 0
    for i = pruneSize - 1 to 0
        if i < array.size(activeLevels)
            lvl = array.get(activeLevels, i)
            if lvl.active and (bar_index - lvl.barStart) > maxAgeBars
                line.delete(lvl.mainLine)
                if not na(lvl.zoneBox)
                    box.delete(lvl.zoneBox)
                if not na(lvl.priceLabel)
                    label.delete(lvl.priceLabel)
                array.remove(activeLevels, i)

// Add new pivots
if not na(ph) and showResist
    if f_pivotStrong(ph, 1)
        f_addLevel(ph, 1, bar_index - pivotLen)

if not na(pl) and showSupport
    if f_pivotStrong(pl, -1)
        f_addLevel(pl, -1, bar_index - pivotLen)

// Breakout logic
int activeSize = array.size(activeLevels)
if activeSize > 0
    for i = activeSize - 1 to 0
        if i >= array.size(activeLevels)
            continue
        lvl = array.get(activeLevels, i)
        if not lvl.active
            continue

        breakBuffer = breakSens * atrSafe

        if lvl.levelType == 1 and close > lvl.price + breakBuffer
            lvl.active   := false
            lvl.broken   := true
            lvl.breakBar := bar_index
            lastBreakDir := "Bullish"
            lastBreakBar := bar_index

            if not na(lvl.priceLabel)
                label.delete(lvl.priceLabel)
                lvl.priceLabel := na

            line.set_color(lvl.mainLine,  color.new(brokenColor, 0))
            line.set_style(lvl.mainLine,  line.style_dotted)
            line.set_width(lvl.mainLine,  1)
            line.set_extend(lvl.mainLine, extend.none)
            line.set_x2(lvl.mainLine,     bar_index)

            if not na(lvl.zoneBox)
                box.set_bgcolor(lvl.zoneBox,       color.new(brokenColor, 93))
                box.set_border_color(lvl.zoneBox,  color.new(brokenColor, 100))
                box.set_extend(lvl.zoneBox,        extend.none)
                box.set_right(lvl.zoneBox,         bar_index)
                mid = math.avg(lvl.zoneBox.get_top(), lvl.zoneBox.get_bottom())
                lvl.zoneBox.set_top(mid + breakBuffer)
                lvl.zoneBox.set_bottom(mid - breakBuffer)
                
            if showBreakLbl
                lvl.breakLabel := label.new(
                     x         = bar_index,
                     y         = lvl.price,
                     text      = "< Break",
                     style     = label.style_label_left,
                     textcolor = supColor,
                     color     = color.new(#22c55e, 100),
                     size      = size.small
                 )

            if showBroken
                array.push(brokenLevels, lvl)
                if array.size(brokenLevels) > maxBroken and array.size(brokenLevels) > 0
                    old = array.shift(brokenLevels)
                    if not na(old.mainLine)
                        line.delete(old.mainLine)
                    if not na(old.zoneBox)
                        box.delete(old.zoneBox)
                    if not na(old.breakLabel)
                        label.delete(old.breakLabel)
            else
                line.delete(lvl.mainLine)
                
                if not na(lvl.zoneBox)
                    box.delete(lvl.zoneBox)

            array.remove(activeLevels, i)

        else if lvl.levelType == -1 and close < lvl.price - breakBuffer
            lvl.active   := false
            lvl.broken   := true
            lvl.breakBar := bar_index
            lastBreakDir := "Bearish"
            lastBreakBar := bar_index

            if not na(lvl.priceLabel)
                label.delete(lvl.priceLabel)
                lvl.priceLabel := na

            line.set_color(lvl.mainLine,  color.new(brokenColor, 0))
            line.set_style(lvl.mainLine,  line.style_dotted)
            line.set_width(lvl.mainLine,  1)
            line.set_extend(lvl.mainLine, extend.none)
            line.set_x2(lvl.mainLine,     bar_index)

            if not na(lvl.zoneBox)
                box.set_bgcolor(lvl.zoneBox,       color.new(brokenColor, 93))
                box.set_border_color(lvl.zoneBox,  color.new(brokenColor, 100))
                box.set_extend(lvl.zoneBox,        extend.none)
                box.set_right(lvl.zoneBox,         bar_index)
                mid = math.avg(lvl.zoneBox.get_top(), lvl.zoneBox.get_bottom())
                lvl.zoneBox.set_top(mid + breakBuffer)
                lvl.zoneBox.set_bottom(mid - breakBuffer)
                
            if showBreakLbl
                lvl.breakLabel := label.new(
                     x         = bar_index,
                     y         = lvl.price,
                     text      = "< Break",
                     style     = label.style_label_left,
                     textcolor = resColor,
                     color     = color.new(#ef4444, 100),
                     size      = size.small
                 )

            if showBroken
                array.push(brokenLevels, lvl)
                if array.size(brokenLevels) > maxBroken and array.size(brokenLevels) > 0
                    old = array.shift(brokenLevels)
                    if not na(old.mainLine)
                        line.delete(old.mainLine)
                    if not na(old.zoneBox)
                        box.delete(old.zoneBox)
                    if not na(old.breakLabel)
                        label.delete(old.breakLabel)
            else
                line.delete(lvl.mainLine)
                if not na(lvl.zoneBox)
                    box.delete(lvl.zoneBox)

            array.remove(activeLevels, i)

// }
// PLOT ――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――――{

// Extend visuals on active levels
int extSize = array.size(activeLevels)
if extSize > 0
    for i = 0 to extSize - 1
        lvl = array.get(activeLevels, i)
        if lvl.active
            //  DYNAMIC LONGEVITY WIDTH CALCULATION 
            if useDynamicWidth
                age = bar_index - lvl.barStart
                // Scale width from 1 to maxLineWidth based on maxAgeBars
                calcWidth = math.min(maxLineWidth, 1 + math.floor((age / maxAgeBars) * (maxLineWidth - 1)))
                line.set_width(lvl.mainLine, int(calcWidth))
            else
                line.set_width(lvl.mainLine, lineWidth)

            line.set_x2(lvl.mainLine, bar_index + 1)
            if not na(lvl.zoneBox)
                box.set_right(lvl.zoneBox, bar_index + 1)
            if showPriceLbl and not na(lvl.priceLabel)
                label.set_x(lvl.priceLabel, bar_index + 10)

var float nearestSup = na
var float nearestRes = na

nearestSup := na
nearestRes := na

// Dashboard scanning
int dashScanSize = array.size(activeLevels)
if dashScanSize > 0
    for i = 0 to dashScanSize - 1
        lvl = array.get(activeLevels, i)
        if not lvl.active
            continue
        if lvl.levelType == -1 and lvl.price < close
            if na(nearestSup) or lvl.price > nearestSup
                nearestSup := lvl.price
        if lvl.levelType == 1 and lvl.price > close
            if na(nearestRes) or lvl.price < nearestRes
                nearestRes := lvl.price

// Draw Dashboard
var table dashTable = na

if showDash
    tablePos = switch dashPos
        "Top Right"    => position.top_right
        "Bottom Right" => position.bottom_right
        "Top Left"     => position.top_left
        "Bottom Left"  => position.bottom_left
        => position.bottom_right

    if barstate.isfirst
        dashTable := table.new(
             position     = tablePos,
             columns      = 2,
             rows         = 5,
             bgcolor      = color.new(#0d1117, 5),
             border_color = color.new(#30363d, 40),
             border_width = 1,
             frame_color  = color.new(#30363d, 20),
             frame_width  = 1
         )

    if barstate.islast and not na(dashTable)
        table.cell(dashTable, 0, 0, "S/R Dashboard", text_color=color.new(#f0f6fc, 0), text_size=size.normal, bgcolor=color.new(#161b22, 0), text_halign=text.align_center)
        table.merge_cells(dashTable, 0, 0, 1, 0)

        table.cell(dashTable, 0, 1, "Resistance", text_color=color.new(#8b949e, 0), text_size=size.normal, bgcolor=color.new(#0d1117, 10), text_halign=text.align_left)
        table.cell(dashTable, 1, 1,
             na(nearestRes) ? "—" : str.tostring(nearestRes, format.mintick),
             text_color  = na(nearestRes) ? color.new(#484f58, 0) : resColor,
             text_size   = size.normal,
             bgcolor     = color.new(#0d1117, 10),
             text_halign = text.align_right
         )

        table.cell(dashTable, 0, 2, "Support", text_color=color.new(#8b949e, 0), text_size=size.normal, bgcolor=color.new(#0d1117, 10), text_halign=text.align_left)
        table.cell(dashTable, 1, 2,
             na(nearestSup) ? "—" : str.tostring(nearestSup, format.mintick),
             text_color  = na(nearestSup) ? color.new(#484f58, 0) : supColor,
             text_size   = size.normal,
             bgcolor     = color.new(#0d1117, 10),
             text_halign = text.align_right
         )

        table.cell(dashTable, 0, 3, "Last Break", text_color=color.new(#8b949e, 0), text_size=size.normal, bgcolor=color.new(#0d1117, 10), text_halign=text.align_left)
        breakDirColor = lastBreakDir == "Bullish" ? supColor : lastBreakDir == "Bearish" ? resColor : color.new(#484f58, 0)
        table.cell(dashTable, 1, 3, lastBreakDir, text_color=breakDirColor, text_size=size.normal, bgcolor=color.new(#0d1117, 10), text_halign=text.align_right)

        activeCnt = array.size(activeLevels)
        table.cell(dashTable, 0, 4, "Active Levels", text_color=color.new(#8b949e, 0), text_size=size.normal, bgcolor=color.new(#0d1117, 10), text_halign=text.align_left)
        table.cell(dashTable, 1, 4, str.tostring(activeCnt), text_color=color.new(#f0f6fc, 0), text_size=size.normal, bgcolor=color.new(#0d1117, 10), text_halign=text.align_right)

// }