ggekko21

3 Indicator Strategy (StochRSI, MFI & EMA) With Safety Orders

This strategy uses Stochastic RSI, Money Flow Index and EMA with settings for lower time-frames.
It also features safety orders based on 3 different take profit and stop loss methods.

Recommended Indicator Settings for lower time-frames;

Stoch RSI: 1,1,100,100

MFI: 30

EMA: 100


Take Profit/Stop Loss Settings:

There are 3 TP/SL types available;

- Pips -> based on minticks

- Base Value -> manually entering a value for the actual profit/loss.

- Opposite Signal -> e.g. if the current open order is long, strategy waits for the next short signal.



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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