03.freeman

Sequential Up/Down

This strategy is based on TD sequential study from glaz.
I made some improvement and modification to comply with pine script version 4.
Basically, it is a strategy based on proce action, supports and resistance and can be used also for scalping.

It could be improved with exit rules, stop loss based on ATR etc.

I have also a study with alerts.

Please use comment section for any feedback or contact me if you need support.


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.

Want to use this script on a chart?