Shivam_Mandrai

IU Break of any session Strategy

Shivam_Mandrai Atualizado   
How this script works:

1. This script is an intraday trading strategy script which buy and sell on the bases of user-defined intraday session range breakout and gives alert(if the alert is set) message too when the new position is open.

2. It calculate the session as per the user inputs or user defined custom session.

3. The script stores the highest and lowest value of the whole session.

4. It take a long position on the first break and close above the highest value.

5. It take a short position on the break and close below the lowest value.

6. The script takes one position in one day.

7. The stop loss for this script is the previous low(if long) or high(if short).

8. Take profit is 1:2 and it's adjustable.

9. This script work on every kind of market.


How The Useful For The User :

1. User can backtest any session range breakout he wants to trade.

2. User can get alert when the new position is open.

3. User can change the Risk to Reward in order to find the best Risk to Reward.

4. User can see the highest and lowest value of the session with respect to analyzing his trading objective.

5. This strategy script highlights which session range breakout performs best and which performs worst.
Notas de Lançamento:
How this script works:

1. This script is an intraday trading strategy script which buy and sell on the bases of user-defined intraday session range breakout and gives alert(if the alert is set) message too when the new position is open.

2. It calculate the session as per the user inputs or user defined custom session.

3. The script stores the highest and lowest value of the whole session.

4. It take a long position on the first break and close above the highest value.

5. It take a short position on the break and close below the lowest value.

6. The script takes one position in one day.

7. The stop loss for this script is the previous low(if long) or high(if short).

8. Take profit is 1:2 and it's adjustable.

9. This script work on every kind of market.


How The Useful For The User :

1. User can backtest any session range breakout he wants to trade.

2. User can get alert when the new position is open.

3. User can change the Risk to Reward in order to find the best Risk to Reward.

4. User can see the highest and lowest value of the session with respect to analyzing his trading objective.

5. This strategy script highlights which session range breakout performs best and which performs worst.
Script de código aberto

Dentro do verdadeiro espírito TradingView, o autor deste script publicou ele como um script de código aberto, para que os traders possam compreender e checar ele. Um viva 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 usá-lo em um gráfico.

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.

Quer usar esse script no gráfico?