Best delta gridTrading — Indicator by bitouns

This indicator help grid traders to chose the best delta in their gridTrading.

The best delta gridTrading indicator is proportional to the Average true range.

Release Notes:

Added minimum delta = 2*takerfees.
Added input for takerfees in %.
Added input for length average of the indicator.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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