OPEN-SOURCE SCRIPT
מעודכן

OrangePulse v3.0 Lite - Educational DCA Strategy

1 969
This open-source script is a simplified version of the OrangePulse algorithm, designed for educational purposes to demonstrate the power of Dollar Cost Averaging (DCA) and Mean Reversion.

📈 Strategy Logic:
The script uses a combination of Bollinger Bands and RSI (Relative Strength Index) to identify potential mean reversion opportunities.
- Entry: Triggered when price pushes below the lower Bollinger Band while RSI is in oversold territory.
- Management: Utilizes up to 3 Safety Orders (DCA) to improve the average entry price during pullbacks.

🎯 Features:
• Customizable Volume Scale and Step Scale for Safety Orders.
• Visual AVG price line and TP/SL levels.
• Time-window filter for backtesting.
• Real-time Status Table for position monitoring.

This script is shared in the spirit of open-source development on TradingView. It is intended to help traders understand how automated position building and risk management work in volatile markets.

Check my profile status/bio for more information on our project.

⚠️ Disclaimer: For educational purposes only. Past performance does not guarantee future results.
הערות שחרור
This open-source script is a simplified version of the OrangePulse algorithm, designed for educational purposes to demonstrate the power of Dollar Cost Averaging (DCA) and Mean Reversion.

📈 Strategy Logic:
The script uses a combination of Bollinger Bands and RSI (Relative Strength Index) to identify potential mean reversion opportunities.
- Entry: Triggered when price pushes below the lower Bollinger Band while RSI is in oversold territory.
- Management: Utilizes up to 3 Safety Orders (DCA) to improve the average entry price during pullbacks.

🎯 Features:
• Customizable Volume Scale and Step Scale for Safety Orders.
• Visual AVG price line and TP/SL levels.
• Time-window filter for backtesting.
• Real-time Status Table for position monitoring.

This script is shared in the spirit of open-source development on TradingView. It is intended to help traders understand how automated position building and risk management work in volatile markets.

Check my profile status/bio for more information on our project.

⚠️ Disclaimer: For educational purposes only. Past performance does not guarantee future results.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.