I created this Strategy based on Everget .
Opens long trade when changes color.
It is profitable as it is, but just putting it out to the community to see if someone else has ideas to make it better.
How to make this strategy better?
1. FInd a way to filter ranging bad trades.
2. Trades would be more profitable if entry point had an entry on the candle the changes color.
3. I had to put TP 5 limit, but the optimal would be when the changes color back to red (if ranging trades can we filtered that is).
In any case, just putting it out there, hope it is useful for someone, and I am open to suggestions.
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.