OPEN-SOURCE SCRIPT
업데이트됨 Dragon Oscillation Reversal v1 is a range-reversal strategy
Dragon Oscillation Reversal v1 is a range-reversal strategy designed for sideways and oscillating market conditions.
The core idea is simple:
The strategy first looks for a flat Bollinger Band basis, which suggests that the market is not strongly trending. After the market enters this flat condition, the strategy waits for price to touch the upper or lower Bollinger Band. Once a valid band touch appears, it opens a configurable signal window and waits for a reversal signal.
Supported reversal signals include:
- Pinbar
- Engulfing pattern
- Fractal top / bottom
A long setup requires:
1. The Bollinger Band basis to be flat.
2. Price to touch the lower Bollinger Band during the flat condition.
3. A bullish reversal signal to appear within the configured signal window.
4. The distance to the opposite band must provide enough profit potential based on the minimum R filter.
A short setup requires:
1. The Bollinger Band basis to be flat.
2. Price to touch the upper Bollinger Band during the flat condition.
3. A bearish reversal signal to appear within the configured signal window.
4. The distance to the opposite band must provide enough profit potential based on the minimum R filter.
Risk management:
- Position size is calculated from account equity and the selected risk percentage.
- Stop-loss is placed beyond the recent reversal extreme with an optional tick offset.
- The strategy uses partial profit-taking:
- 50% of the position is closed at 2R.
- The remaining position targets 4R.
- Once price moves 1R in favor of the trade, the stop is moved to breakeven plus a configurable tick offset.
- If price reaches the opposite Bollinger Band, the strategy performs an emergency exit.
This strategy is designed for range-bound markets. It is not intended for strong trending conditions. Users should test and adjust parameters according to the symbol, timeframe, and market environment.
Important:
This script is for educational and research purposes only. It does not provide financial advice. Past performance does not guarantee future results. Please use proper risk management and test thoroughly before using it in live trading.
The core idea is simple:
The strategy first looks for a flat Bollinger Band basis, which suggests that the market is not strongly trending. After the market enters this flat condition, the strategy waits for price to touch the upper or lower Bollinger Band. Once a valid band touch appears, it opens a configurable signal window and waits for a reversal signal.
Supported reversal signals include:
- Pinbar
- Engulfing pattern
- Fractal top / bottom
A long setup requires:
1. The Bollinger Band basis to be flat.
2. Price to touch the lower Bollinger Band during the flat condition.
3. A bullish reversal signal to appear within the configured signal window.
4. The distance to the opposite band must provide enough profit potential based on the minimum R filter.
A short setup requires:
1. The Bollinger Band basis to be flat.
2. Price to touch the upper Bollinger Band during the flat condition.
3. A bearish reversal signal to appear within the configured signal window.
4. The distance to the opposite band must provide enough profit potential based on the minimum R filter.
Risk management:
- Position size is calculated from account equity and the selected risk percentage.
- Stop-loss is placed beyond the recent reversal extreme with an optional tick offset.
- The strategy uses partial profit-taking:
- 50% of the position is closed at 2R.
- The remaining position targets 4R.
- Once price moves 1R in favor of the trade, the stop is moved to breakeven plus a configurable tick offset.
- If price reaches the opposite Bollinger Band, the strategy performs an emergency exit.
This strategy is designed for range-bound markets. It is not intended for strong trending conditions. Users should test and adjust parameters according to the symbol, timeframe, and market environment.
Important:
This script is for educational and research purposes only. It does not provide financial advice. Past performance does not guarantee future results. Please use proper risk management and test thoroughly before using it in live trading.
릴리즈 노트
Dragon Oscillation Reversal v1 is a range-reversal strategy오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.