@scorpiomanojFRM CBOS
This is a Camarilla pivot based trading strategy.
It falls under the category of initiative trading strategy and not responsive trading strategy.
This strategy buys or sells when price crosses Camarilla 4th level and exits at the close of the day or it breaches Camarilla 3rd level.
Backtested results are not guaranteed to perform in the future. Hence please use it at your own risk.
Respect risk management.
It falls under the category of initiative trading strategy and not responsive trading strategy.
This strategy buys or sells when price crosses Camarilla 4th level and exits at the close of the day or it breaches Camarilla 3rd level.
Backtested results are not guaranteed to perform in the future. Hence please use it at your own risk.
Respect risk management.
Release Notes:
This is an updated version of the script.
Updated version slightly modifies the exit strategy.
Exit will be not at the close of the day.
If a trade is opened and there are no exit signals at the eod, then it assumes the trade is to be carried over for the next day.
Alternatively you can exit the trade in such scenarios and re-enter at the next day's opening.
Updated version slightly modifies the exit strategy.
Exit will be not at the close of the day.
If a trade is opened and there are no exit signals at the eod, then it assumes the trade is to be carried over for the next day.
Alternatively you can exit the trade in such scenarios and re-enter at the next day's opening.
Trading is my passion.