Impulse Reverse Hit Strategy
Implements the Impulse Reverse Hit indicator. A Impulse Reverse trade is a counter-trend type of trading that uses the rubber-band concept.
A rubber-band trade is a type of trade that looks for strong directional price movement. Every stock has its unique combination of parameters that best fit a rubber-band trade, the default parameters of this script is the best fit for the WIN1! and WDO! when used on the 15m timeframe.
A rubber-band trade is a type of trade that looks for strong directional price movement. Every stock has its unique combination of parameters that best fit a rubber-band trade, the default parameters of this script is the best fit for the WIN1! and WDO! when used on the 15m timeframe.