OPEN-SOURCE SCRIPT

Evans

234
This is a simple math problem:

If your risk-reward ratio is 1:3.

Even if you lose 3 out of 4 trades (a win rate of only 25%), as long as you hit one big win, you'll still break even.

That extra bit of win rate is your pure profit.

📊 How to use it with LuxAlgo?

This script is your "skeleton," and LuxAlgo is your "muscle."

Hearing the green/red alarm: This means your system has detected a DEMA 9/20 crossover.

Confirm with the chart:

If LuxAlgo also shows a dark blue right-pointing arrow at this time, it represents a strong momentum 1:3 opportunity.

If the price is currently in the 0.618 Discount Zone, you must hold this trade.

Hearing the yellow alarm:

This is a reminder that the trend has changed. If you are already in profit but haven't reached a 1:3 ratio, you can consider manually reducing your position by half and then moving your stop loss to the entry point (Break Even), allowing the remaining profits to run without risk.

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