DI Crossing Daily Straregy HulkTrading — Strategy by TheHulkTrading

oscillator centeredoscillator volatility atr adx strategy

Simple strategy based on crossing DI+ and DI- and Average True Range.

Long entry when DI+ crossover DI-
Short entry when DI+ crossunder DI-

Stop Loss and Take Profits based on Average True Range.
Default values are 1*ATR(14) for stop loss and 2*ATR(14) for Take Profit.
Risk reward 1 to 2 ratio.

Recommended default values, but you can change it if you want.
Recommended timeframe - 1D.

Script was tested on BTCUSDT pair and have a 2.4 profit factor.

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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