RobokiteTrading

RobokiteTrading_By [kushal harsola]

This script is for custom candles based on an MA calculation with a default period of 14 as well as an SMA of the close price, defaulted to 1 period to only show the current price. The purpose of the custom candles is to try and reduce noise from candles and help identify trends.

Explained:
- High, Low and Close are all calculated using an MA calculation based on a user input length/period, defaulted at 14.
- Trend line = color black BUY "if candle close above the trend line & SELL "if candle close below the trend line.
- Stop loss = for buying stop loss color = red line
= for selling stop loss color = green line

- master stop loss = for buying SL - High 14
= for selling SL - low 14

NIFTY


DISCLAIMER: For educational and entertainment purposes only.


Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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