This script combines a couple of popular indicators to create a reliable yet versatile opportunity to automate trades based on the . The idea is to use / crossovers to enter positions whilst taking advantage of a modified Channel to exit these positions at maximum profit.
The script has been backtested on various timeframes and proves effective in both trending and ranging markets.
I have also added the ability to limit your positions to only long, or short, if this is of preference.
An alerts version of this script is also available at no cost on my page - enjoy!
Any questions? Let me know!