PROTECTED SOURCE SCRIPT

FriendlyTrend Signal

//FriendlyTrend Signal//

Our Tradingview representation of our strategy. Trend-Following techniques combining analysis of buying and selling on fractals, entering low-risk positions at counter-trend points, and trailing-stop orders along moving averages.

//Strategy//
Red/Green circles indicate counter-trend entry positions. These are not lagging and form on the closing of the corresponding bar. Best opportunities for a credit, debit, or other defined-risk options spreads and closed if the trade goes against us directionally with the stop loss above the high or below the low of the previous bar on market close.

Lines represent fractal support and resistance. We execute a buy if the moving average cloud is green and the green line is broken and the price closes above. Reverse for selling.

Cloud represents long or short opportunities. If the top cloud and bottom cloud are intertwined we are sidelined & wait for a large move in one direction or the other. The middle moving average is our trailing stop & another counter-trend entry point if a major support level is broken at the moving average itself.

//Still refining the code into a Tradingview Strategy form. More to come...//
cloudcounter-trendFractalMoving Averagesoptionspriceactiontradingtrailingstoptrend

Script protegido

Este script é publicado como de código fechado e você pode usá-lo livremente. Você pode favoritá-lo para utilizá-lo em um gráfico. Você não pode visualizar ou modificar seu código fonte.

Quer usar esse script no gráfico?


Também em:

Aviso legal