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dP magnet//Strategy based on the idea that stop loss and take profit are often placed at full price levels or round numbers, whcih acts as resistance and supports levels //Buy Rules: //Actual price (close) is above round number. //Round number level was not touched in previous ten bars (arbitrary value). //Place a buy and follow the order with a trail step because price can bounce at round number (support) or can go through it. //Sell Rules are the same of buy rules but inverted. // //Need improvement on conditions' logic and round numbers definitions
Pine Script® strategy
by 03.freeman
Sep 11, 2018
33

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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