Forelume (Basic)
Key Features & Perks
Core Mechanism: Generates buy and sell signals based multiple strategies based on our years of expertise in the market.
Fixed 3:1 Reward-to-Risk Ratio
Perk: Provides disciplined trade management with clear, predefined exit points, appealing to traders who prioritize risk management and consistent profitability.
Break-Even Stop-Loss Feature
Informative HUD Display
Feature: Optional heads-up display (HUD) showing the latest trade details (entry, SL, TPs, hit status),
Perk: Provides real-time trade monitoring and market context, enabling traders to make informed decisions without cluttering the chart.
Clean Visuals and Performance
Design: Displays clear long/short signals with triangles, ensures a visually appealing and responsive chart experience, optimized for performance
Ideal For
Swing Traders: Perfect for capturing multi-day or multi-week price moves
Risk-Conscious Traders: The fixed 3:1 RR and break-even feature cater to those prioritizing capital preservation.
Beginners and Pros: Easy to use for newcomers, yet customizable enough for advanced traders to refine their strategies.
ONLY WORKS ON CRYPTO PAIRS
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Forelume directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Forelume directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.