This tool is designed to help finding the best take profit and stop loss levels when trading with QFL bases (Quick Fingers Luc). You can use it to see the average drawdown among all historic bases broken for an asset and then find the drawdowns that are more frequent using the percentile parameters provided. For example, by knowing that 98% of the bases got...
This is my second implementation of a Pine Script Quickfingers Luc (QFL) base scanner that I have published on Trading View. QFL base scanners seek to provide buy signals according to the QFL trading strategy. To profitably trade using this script you should be familiar with the QFL trading strategy, scaling in and out of positions, and money risk...
This script is a simple implementation of a QFL (Quickfingers Luc) base scanner. This QFL base scanner uses a different approach to some other QFL base scanners that are on TradingView. Other TradingView scripts look for a candlestick pattern of two lower lows followed by two higher lows combined with an increase in volume. This can generate some unexpected...