Params: Length: 3, OverSold level: 47, OverBought Level: 56
Performance: 391% profit, 2400 trades, 42% prof, 14.6% dd , 0.65 sharpe.
I think this strategy can be a really nice base for a pretty good strategy. We have quite a lot of trades here you can add additional filters that will improve strategy a bit.
Past performance does not guarantee future results.
Pine Programming v5: https://qntly.com/pineprog
Adv.Pine Use-Cases: https://qntly.com/advpine
Access to Pro Indic.: https://qntly.com/proind
Hire Me: https://qntly.com/hirepine
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.