TradingView
biswamca2010
13 de Out de 2021 14:24

Bulu Breakout 

MULTI COMMODITY EXNSE

Descrição

I designed this indicator to trade 52 weeks high breakout. It tests three conditions 1)close above 52weeks high 2)close above upper Bollinger band 3) adx <30. any candle that satisfies all these condition will change its color to black. i also added 44sma to this script to find high probable trade. if the black candle is near 44 sma it is more reliable.
Comentários
JackHertz
Amazing! What would be your exit strategy? When would you exit or take profit? Thanks again for your contribution.
biswamca2010
@JackHertz, initial Sl is breakout candle low . Trailing SL is close below middle BB(20 SMA)
JackHertz
@biswamca2010, Thank you for the quick reply.
Mais