This is simple indicator script for long term investors. It will check if the low of today is less than low of yesterday (or any time frame candle) and if the condition is satisfied, then the alert will be triggerred and that particular stock will be bought. Each time a unit is bought, the average price is calculated and also the trget selling price, which is set...
A goodie for my trading groups and friends. A suite of different MAs with Filters with multiple Long/Short Alerts, works as well for pyramiding. Using fixed TP/SL is advised. I might add TP/SL Alerts later on... Good luck! Feedback is appreciated!
Indicator for pyramidization and coverage. Recommended time frame 60 min. Alerts added.
The price always returns to the average !!! An important separation of the price with respect to an average, indicates a depth and generally generates a reversion or correction in the trend. Depth detection is a simple and very powerful technique, it is widely used for scalping and pyramid operations, this indicator detects depth in 7 time frames, everything is...
This code is fofr you to change it and transform a strategy into a study and avoid pyramiding just by editting this lines longcondition= buy_entry and buy_zone shortcondition= sell_entry and sell_zone like this longcondition= 'YOUR CONDITION HERE' shortcondition= 'YOUR CONDITION HERE' and using your own conditions This particular strategy is only as...