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.
- 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.
- 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.
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.