OPEN-SOURCE SCRIPT
Fake-Out Indicator
The signal comes from the "RailRoad" candlestick pattern breaking a support/resistance level, which typically indicates price will respect that level.
How consistent is the pattern? Hard to say considering candlestick patterns vary wildly by % change between different securities.
I didn't implement any kind of "fuzzy logic" for this strategy, though it would benefit greatly from it.
There are many instances where a fixed% simply doesn't catch a winning trade from a "bounce" off a S/R level.
How consistent is the pattern? Hard to say considering candlestick patterns vary wildly by % change between different securities.
I didn't implement any kind of "fuzzy logic" for this strategy, though it would benefit greatly from it.
There are many instances where a fixed% simply doesn't catch a winning trade from a "bounce" off a S/R level.
Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Forex Trading Coaching 👉 primetimefox.com
Learn consistent currency pair trading from a professional.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Forex Trading Coaching 👉 primetimefox.com
Learn consistent currency pair trading from a professional.
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
Quer usar esse script no gráfico?
Algo Trading Simplified 👉 PaxProfits.com
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Forex Trading Coaching 👉 primetimefox.com
Learn consistent currency pair trading from a professional.
Discover the easy way to manage Forex trading accounts. Trusted by traders globally.
Forex Trading Coaching 👉 primetimefox.com
Learn consistent currency pair trading from a professional.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.