PROTECTED SOURCE SCRIPT
Updated Contrarian by ConFxPro V 1.01
Creates our spesific number and bands based numbers and the SMA.
Based on indicator by Big Coinfxpro on futures
How to trade
Best to use in ranging market
Place on two different time frames eg. 5, 15 and 55 min.
Take trades off either short or long term chart.
Best trades occur when both charts show same trigger/condition.
Trades are short term reversals in direction of major trend on longer term chart unless you expect a trend reversal.
Determine which band is the limiting band for the volatility of the instrument.
When the market closes outside of the limiting band then returns inside, take a long/short one tick above/below
the high/low of the previous bar.
Place stop below/above the low/high of the the recent swing low/high.
Set targets at opposite band of chart with trailing stop after crossing middle band.
I will only present the script for a few months. system is also the one I use in my own algorithmic system.
enjoy it...
Based on indicator by Big Coinfxpro on futures
How to trade
Best to use in ranging market
Place on two different time frames eg. 5, 15 and 55 min.
Take trades off either short or long term chart.
Best trades occur when both charts show same trigger/condition.
Trades are short term reversals in direction of major trend on longer term chart unless you expect a trend reversal.
Determine which band is the limiting band for the volatility of the instrument.
When the market closes outside of the limiting band then returns inside, take a long/short one tick above/below
the high/low of the previous bar.
Place stop below/above the low/high of the the recent swing low/high.
Set targets at opposite band of chart with trailing stop after crossing middle band.
I will only present the script for a few months. system is also the one I use in my own algorithmic system.
enjoy it...
Release Notes
new balance and new setupfor more healthy and confirmed signals
enjoy it...
Release Notes
Sürüm Notları: new balance and new setupfor more healthy and confirmed signals
enjoy it...
Release Notes
update..Release Notes
new conditions.... enjoy it...
Release Notes
new title. (short title) = L and SRelease Notes
fixed setupRelease Notes
fixed setupsssRelease Notes
some setups. Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Just ask, dream, apply and live
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.
Just ask, dream, apply and live
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.