ROBO_Trading

Noro's ZZ-2 Strategy

ROBO_Trading Updated   
ZZ = ZigZag. Strategy uses the ZigZag indicator. From the top points of the ZigZag indicator lime lines are drawn. From the lower points of the ZigZag indicator red lines are drawn.

Strategy

market-stop-orders are necessary. Or it is very desirable.

If the price became higher than the lime line - to open a long position.
If the price became lower than the red line - to open a short position.

It is a reverse system.

For:

- crypto
- any timeframe
Release Notes:
+ background
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- bugs
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+ correction
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+ll
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+ black arrows
Release Notes:
:(

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.

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