PROTECTED SOURCE SCRIPT
Overbought Oversold Strategy - SPY-SPX-QQQ 0DTE
Overbought / oversold strategy designed for scalping. Configured to run for scalps at end of day.
The Overbought Oversold Strategy calculates a custom oscillator using exponential moving averages and standard deviation on a weighted price to identify momentum shifts.
Entry and Exit are tunable for back testing your style of trading.
It allows users to restrict trading to a specified session, defaulting to NY market hours (9:30 AM to 4:00 PM), and optionally flattens all positions at a user-defined time like market close to manage overnight risk. Entry strategies include buying only on buy signals, selling only on sell signals, or mean-reverting toward the NY open price or a custom target by entering long if below or short if above when signals align. Exit options comprise fixed tick-based profit targets and stop losses, closing on the next opposing signal, or holding until the flatten time, ensuring flexible risk management.
The Overbought Oversold Strategy calculates a custom oscillator using exponential moving averages and standard deviation on a weighted price to identify momentum shifts.
Entry and Exit are tunable for back testing your style of trading.
It allows users to restrict trading to a specified session, defaulting to NY market hours (9:30 AM to 4:00 PM), and optionally flattens all positions at a user-defined time like market close to manage overnight risk. Entry strategies include buying only on buy signals, selling only on sell signals, or mean-reverting toward the NY open price or a custom target by entering long if below or short if above when signals align. Exit options comprise fixed tick-based profit targets and stop losses, closing on the next opposing signal, or holding until the flatten time, ensuring flexible risk management.
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Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.