This strategy can be adapted to all type of timecharts like scalping, daytrading or swing.
The context is the next one :
First we have the ATR to calculate our TP/SL points. At the same time we have another rule once we enter(we enter based on % risk from total equity, in this example 1%, at the same time, lowest ammount for this example is 0.1 lots, but can be modified to 0. 01 ), so we can exit both by tp/sl points, or by losing 1% of our equity or winning 1% of our total equity. It's dinamic.
The strategy is made from
Trend direction :
First confirmation point :
Crossover between 10EMA and middle point
For entries : we check trend with psar, then once cross bb middle point, we confirm together with level for overbought/oversold and histogram ( > 0 or <0).
We exit, when we have opposite sign, like from buy to sell or sell to buy, or when we reach tp/sl points, or when we reach % basaed equity points.
It can be changed to be fixed lots, or fixed tp/sl , you just have to uncomment the size from entries, and tp/sl lines.
At the same time, it has the possibility if one desires, to trade only concrete forex session like european, asian and so on for intraday trading.
Hope you enjoy it.
Let me know how it goes.
No verdadeiro espírito TradingView, o autor deste script o publicou com código aberto, para que os traders possam compreendê-lo e verificá-lo. Um brinde ao autor! Você pode usá-lo gratuitamente, mas a reutilização deste código em uma publicação é regida pelas Regras da Casa. Você pode favoritá-lo para utilizá-lo em um gráfico.
Telegram group: https://t.me/atrader_life
I also would like to try out your other "EXTREME" script. Could that be adaptable to cryptocurrency as well? Thanks again!