ROBO_Trading

Robot WhiteBox Channel

ROBO_Trading Updated   
Price Channel

The strategy uses the price channel indicator. In the chart, the price channel is displayed in black lines. Offset 1 candle to the right for clarity. The red line is the middle of the price channel.

Trading

You must use market stop orders.

If the price is higher than the top black line, open the long position (and close the short position)
If the price is lower than the lower black line, open the short position (and close the long position)
If the price has returned to the middle of the price channel (red line) - it is necessary to close any position.

You can disable the stop-loss orders. It will be a reverse-trading system.

For

- BTC/USD, XBT/USD, ETH/USD, etc (Do not use ANY/BTC symbols!)
- Timeframes: 1h, 4h, 1d
Release Notes:
+ new stops
Release Notes:
+
Release Notes:
+++
Release Notes:
+ SMA-sl

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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