OPEN-SOURCE SCRIPT
Strategy example1
There is nothing special in this strategy , the only reason why its work becouse the take profit and the stop loss
I put this example just for teaching
by twiking the model to buy and sell allot we get fantastic results but the question is it true results or not?
so the avreage buy and sell here is about 8 bars (x30 min ) so it buy and sell every 4 hours which is not so bad
on the other hand if we put commission then we will see the % of win will go down as well as the winning are not so much related to the model but rather to the take profit
many startegy which are consider failure by this tweek will be looking as victorious one . the only question is what the reality when we try to make take profit and stop loss by this way?
what you think?
I put this example just for teaching
by twiking the model to buy and sell allot we get fantastic results but the question is it true results or not?
so the avreage buy and sell here is about 8 bars (x30 min ) so it buy and sell every 4 hours which is not so bad
on the other hand if we put commission then we will see the % of win will go down as well as the winning are not so much related to the model but rather to the take profit
many startegy which are consider failure by this tweek will be looking as victorious one . the only question is what the reality when we try to make take profit and stop loss by this way?
what you think?
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.