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Overview:
The Touch Previous Candle Strategy is a simple yet effective trading approach designed for the 1-hour chart. It focuses on price action by placing trades when the current candle interacts with key levels from the previous candle. The strategy is fully automated and includes risk management with take profit and stop loss levels.
Entry Conditions:
Risk Management:
Best Use Cases:
The Touch Previous Candle Strategy is a simple yet effective trading approach designed for the 1-hour chart. It focuses on price action by placing trades when the current candle interacts with key levels from the previous candle. The strategy is fully automated and includes risk management with take profit and stop loss levels.
Entry Conditions:
- Buy Signal: A buy order is triggered when the low of the current candle touches or drops below the previous candle's closing price.
- Sell Signal: A position is closed when the high of the current candle reaches or exceeds the previous candle's highest price.
Risk Management:
- Take Profit: The trade is exited automatically when the price increases by 15% from the entry point.
- Stop Loss: A stop loss is set at 5% below the entry price to minimize risk.
Best Use Cases:
- Works well in volatile markets where price frequently tests previous levels.
- Suitable for traders who prefer price-action-based strategies over indicators.
- Can be optimized for different assets or timeframes based on market behavior.
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。