PROTECTED SOURCE SCRIPT
Updated 7/100 and 7/20 strategy
Based on TradingRoomApp 100/7 Crossover Strategy.
Strategy (Daily TF):
🔹Wait for 7 EMA to cross over 100 MA.
🔹Wait for 2 confirmation candles above.
🔹Enter on pullback near 20 MA.
🔹Target 200 MA / 70.6% Fib from highest high to lowest low.
🔹Average returns 50-150% in 4-8 weeks for good volume ALTs.
This is a seasonal strategy which is relevant for trading between October 2018 and next few months.
**** 4 Alerts in One! ****
For all crossovers and crossunders you will get an alarm with just one alert set.
Instructions to set an alert:
- Right click in the chart and choose 'Add alert...' or ALT + A.
- Choose '7/100 and 7/20 strategy' in 'Condition' dropdown menu'
- In second dropdown 'fastEMA' is selected automatically, you can leave it as it is
- In third dropdown '7/100 and 7/20 strategy' is already selected also and you can leave it as it is
- After that choose your other options and save the Alert.
Strategy (Daily TF):
🔹Wait for 7 EMA to cross over 100 MA.
🔹Wait for 2 confirmation candles above.
🔹Enter on pullback near 20 MA.
🔹Target 200 MA / 70.6% Fib from highest high to lowest low.
🔹Average returns 50-150% in 4-8 weeks for good volume ALTs.
This is a seasonal strategy which is relevant for trading between October 2018 and next few months.
**** 4 Alerts in One! ****
For all crossovers and crossunders you will get an alarm with just one alert set.
Instructions to set an alert:
- Right click in the chart and choose 'Add alert...' or ALT + A.
- Choose '7/100 and 7/20 strategy' in 'Condition' dropdown menu'
- In second dropdown 'fastEMA' is selected automatically, you can leave it as it is
- In third dropdown '7/100 and 7/20 strategy' is already selected also and you can leave it as it is
- After that choose your other options and save the Alert.
Release Notes
No changes. Just a small bug-fix.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.