OPEN-SOURCE SCRIPT
Noski - Rob Hoffman_Inventory Retracement Bar
Strategy taken directly from Rob Hoffman's award winning strategy. Full credit goes to him
Uses the average angle of the ema over the last 20 bars, in combination with Inventory retracement bars (candles that have retraced at least 45%)
(Please note: the angle calculation default value is calibrated for BTCUSD. There is no way currently to code it to be used across multiple pairs. The price to bar ratio has to be adjusted for other trading pairs. Please research price to bar ratio if unfamiliar)
ATR has been included to set take profit and stop loss.
Separate ATR settings for filtering the size of IRB (can filter out candles which are too large or small)
Red background colour is for when ema is at or below the set -ve angle slope. Green is for positive angle. Default is set at -45 and 45 degrees.
Big thankyou to ZenAndTheArtOfTrading and the following two scripts.
Cosmic Angle - by cosmic_indicators
Rob Hoffman's Inventory Retracement Bar - by ucsgears
Code was borrowed and used directly from these scripts
Uses the average angle of the ema over the last 20 bars, in combination with Inventory retracement bars (candles that have retraced at least 45%)
(Please note: the angle calculation default value is calibrated for BTCUSD. There is no way currently to code it to be used across multiple pairs. The price to bar ratio has to be adjusted for other trading pairs. Please research price to bar ratio if unfamiliar)
ATR has been included to set take profit and stop loss.
Separate ATR settings for filtering the size of IRB (can filter out candles which are too large or small)
Red background colour is for when ema is at or below the set -ve angle slope. Green is for positive angle. Default is set at -45 and 45 degrees.
Big thankyou to ZenAndTheArtOfTrading and the following two scripts.
Cosmic Angle - by cosmic_indicators
Rob Hoffman's Inventory Retracement Bar - by ucsgears
Code was borrowed and used directly from these scripts
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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.