OPEN-SOURCE SCRIPT
A Strategy Optimized - EMA Fibonacci Scaling Pullback
This is the optimized version of EMA + Fibonacci Scaling Pullback Strategy.
Key Improvements:
- Relaxed RSI (>45) and ADX (>15) filters to increase trade frequency
- 2-batch scaling in for better practicality
- Designed for slow grind up + multiple pullback markets
- Low risk with ATR-based stop loss and partial profit taking
Timeframe: Daily (trend filter) + 4H (entry)
Suitable for BTC, ETH, SOL in current oscillating upward phase.
Key Improvements:
- Relaxed RSI (>45) and ADX (>15) filters to increase trade frequency
- 2-batch scaling in for better practicality
- Designed for slow grind up + multiple pullback markets
- Low risk with ATR-based stop loss and partial profit taking
Timeframe: Daily (trend filter) + 4H (entry)
Suitable for BTC, ETH, SOL in current oscillating upward phase.
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.