HPotter

Scalping Support Resistance Strategy

Scalping strategy for BTC using one line: Support Resistance.

The strategy draws a line based on the minimum value of the average of High, Low, and Close for a given bar. The entries are carried out on the breakdown of this line. Exits are managed by the specified in the script's inputs take-profit and stop-loss percentages.

From Stream:
www.tradingview.com/streams/U7au79Ck-W/

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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