This strategy uses combined indicators to create LONG entry points, the strategy was first found by saudALThaidy.

How to use: Open your asset and pick a timeframe between 5min and 2hours (recommended: 30min, 45min), the strategy will give entry points itself, you can monitor and take profit manually(recommended), or you can use the exit setup.


exit setup:
  • Take Profit : close the trade and take profit after the specified percentage from the entry point gets hit.
  • Use Stop Percentage : if false, trade will be closed if it gets below MA line, if true it will use the next set up.
  • StopLose Percentage : specify a percentage to close the trade if the asset price goes below it.

Important Notes:
  • As saudALThaidy states that the strategy must be used with -heiken ashi- candles for the best result.
  • for best use of the strategy, use (Take Profit = 1,Use Stop Percentage=false) to get every trade, and take profit manually when ever you see the best.

For any notes on the strategy to be edited, or for another strategies ideas please comment.
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

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