PROTECTED SOURCE SCRIPT
Monday + Tuesday Fib Breakout
INTENDED FOR DAILY CHART ONLY
This is my take on a simple breakout based on the well known Fibonacci Retracement. It was created with the main intention of swing trading Futures with a small account, though it can also be used for other instruments - just tweak the settings to what fits best for you.
As you can see, the strategy is trading a single contract every time and the stop loss is hard (no trailing yet) - I'm trying to show how well it works with a small account, obviously you can scale up from here.
The strategy:
Account Starting Balance: $500
Instrument: E-Mini Russell 2000 Futures
Contracts: 1 contract per trade
Commission: $0.34 per trade
Next Steps:
- Add more description to all the settings
- Add Trailing Stops
Don't forget:
For educational purpose only
Past performance doesn't guarantee future results.
This is my take on a simple breakout based on the well known Fibonacci Retracement. It was created with the main intention of swing trading Futures with a small account, though it can also be used for other instruments - just tweak the settings to what fits best for you.
As you can see, the strategy is trading a single contract every time and the stop loss is hard (no trailing yet) - I'm trying to show how well it works with a small account, obviously you can scale up from here.
The strategy:
Account Starting Balance: $500
Instrument: E-Mini Russell 2000 Futures
Contracts: 1 contract per trade
Commission: $0.34 per trade
Next Steps:
- Add more description to all the settings
- Add Trailing Stops
Don't forget:
For educational purpose only
Past performance doesn't guarantee future results.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
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.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
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.