OPEN-SOURCE SCRIPT
Updated HHLL Strategy
This is simple Highest high and Lowest low strategy.
Buy when break HH+offset
Sell when break LL+offset
Offset = (HH-LL)/2
Buy when break HH+offset
Sell when break LL+offset
Offset = (HH-LL)/2
Release Notes
The next stage of development of this strategy. The results of tests showed that it is much better to use Bollinger bands as a defining channel. Which was done in this modification.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.