OPEN-SOURCE SCRIPT
Lolita Pro
Entry Signals:
Buy Signal (🟢): Triggered when the Fast EMA crosses above the Upper Channel band, indicating strong upward momentum.
Sell Signal (🔴): Triggered when the Fast EMA crosses below the Lower Channel band, indicating strong downward momentum.
Trade Management & Visuals:
Point-Based TP/SL: Users can seamlessly enable and define exact Take Profit and Stop Loss levels based on points/ticks directly from the settings.
Target Lines: Plots visual TP (Green) and SL (Red) lines on the chart while a trade is actively running.
Hit Labels: Automatically displays chart labels when the price successfully hits the Take Profit or Stop Loss targets.
Buy Signal (🟢): Triggered when the Fast EMA crosses above the Upper Channel band, indicating strong upward momentum.
Sell Signal (🔴): Triggered when the Fast EMA crosses below the Lower Channel band, indicating strong downward momentum.
Trade Management & Visuals:
Point-Based TP/SL: Users can seamlessly enable and define exact Take Profit and Stop Loss levels based on points/ticks directly from the settings.
Target Lines: Plots visual TP (Green) and SL (Red) lines on the chart while a trade is actively running.
Hit Labels: Automatically displays chart labels when the price successfully hits the Take Profit or Stop Loss targets.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.