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  • /Good Risk/Reward

Good Risk/Reward

CRYPTOOO FOX (Alert of Trading System)CRYPTOOO FOX (Alert of Trading System) . ---DISCRIPTION--- How Indicator Work : --Indicator is working on higher time frame so i use two high time frame the higher is ( 2 H or 3 H or 4 H or 8 H or 12 H or Daily ) and the highest is ( Daily ) Time frame . -- When the higher time frame cross over the Daily time frame( the Highest ) this mean the TREND and the PRICE also going UP this strategy is going to long position ( Buy position ) . -- When the higher time frame cross under Daily time frame( the Highest ) this mean the TREND and the PRICE also going DOWN strategy going to ( close position ) . -- Notes : --Indicator use some averages to calculate the higher time frame . --Indicator use parabolic indicator to filter entries which name is ( Filter ) --Indicator use one more candle close to confirm entry ( Filter 2 ) --This the best time frame ( HIGHER , HIGHEST ) in this strategy in profit and draw down . --Indicator is working only in Long position i am not recommend to use it in short positions . --THIS IS NO REPAINT Indicator . --DON'T use it in DAILY time frame --I recommend so mush to use take profit and stop loss although the low draw down but some time the market have a huge movements .
Pine Script® indicator
by CRYPTOOOFOX
Updated

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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