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BuyHigh-SellLow Strategy
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Explore Trendoscope® Pattern SuiteYeah. You read it right. It's not a mistake. It is buy high and sell low strategy.
Main entry condition is to buy when price hits 40 day Donchian channel top. This is combined with my other regular filters which are aligned moving average and new high/low filter and yearly high/low filter.
Exit condition can be based on two things:
What a surprise!! You can buy high, sell low and still make money.
Main entry condition is to buy when price hits 40 day Donchian channel top. This is combined with my other regular filters which are aligned moving average and new high/low filter and yearly high/low filter.
Exit condition can be based on two things:
- Donchian channel : Set appropriate DonchianExitLength. Lower line of donchian channel acts as trailing stop.
- ATR Based trailing stop : Select appropriate ATR multiplier and length.
What a surprise!! You can buy high, sell low and still make money.
Notes de version
Remove calc_on_order_fills to avoid lookahead warning.
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Trial - trendoscope.com/trial
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.