OPEN-SOURCE SCRIPT
Updated UnifiedTimedStrategyCleaned
Main features:
Module A: Entry is based on the 16:40 candle in Israel time, so the trade enters on the next bar, around 16:45 / 16:50, depending on the chart timeframe.
Direction by candle color: Green candle = Long, red candle = Short, doji = no trade.
TP/SL for Module A: Default Stop Loss = 120 ticks, Take Profit = 60 ticks.
Extra exit rule: Closes the trade at the close of the next bar after entry.
Daily loss limit: Includes a daily loss limit for Module A.
After losing day filter: Option to limit trading to one trade only after a losing day.
Module A: Entry is based on the 16:40 candle in Israel time, so the trade enters on the next bar, around 16:45 / 16:50, depending on the chart timeframe.
Direction by candle color: Green candle = Long, red candle = Short, doji = no trade.
TP/SL for Module A: Default Stop Loss = 120 ticks, Take Profit = 60 ticks.
Extra exit rule: Closes the trade at the close of the next bar after entry.
Daily loss limit: Includes a daily loss limit for Module A.
After losing day filter: Option to limit trading to one trade only after a losing day.
Release Notes
Main features:Module A: Entry is based on the 16:40 candle in Israel time, so the trade enters on the next bar, around 16:45 / 16:50, depending on the chart timeframe.
Direction by candle color: Green candle = Long, red candle = Short, doji = no trade.
TP/SL for Module A: Default Stop Loss = 120 ticks, Take Profit = 60 ticks.
Extra exit rule: Closes the trade at the close of the next bar after entry.
Daily loss limit: Includes a daily loss limit for Module A.
After losing day filter: Option to limit trading to one trade only after a losing day.
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.