This is the script for the idea published by @ChrisMoody
Below is the link to the idea
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Try the scripts for longer periods (e.g. 1 D).
The script still requires some tweaks as one of the issue is that the shorts and puts are being placed 2 candles after a confirmation is there. So use this strategy at your own risk.
Any inputs will really be helpful.
(Also...
This script has been updated to prevent double orders (short/long) from occurring and modifying backtests results.
This is an update to the script that was written a few years ago to prevent double longs/shorts from occurring and skewin backtesting results. Check out the updated indicator here and let me know what you think.
I also added:
- date range inputs if...
Strategy with a piramiding (leverage is necessary)
Only long
Than the accuracy is more
the there are more profitable trades
the there are less signals
the profit is less
For:
- any asset (forex, stocks, crypto, etc)
- any timeframe
Recomended:
Accuracy = 1-10
MA period = 100-1000
Hi guys, this is my first script and i need help to upgrade it
I'm sure this work better if:
1) the breakout line green and red are the max and min of the "time window" between 03 00 and 07 00 (and not only 03 00 like now)
2) put stoploss on the redline for long, and on greenline for short
Thx for any help
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