OPEN-SOURCE SCRIPT
CC Trend strategy 2- Downtrend Short
Trend Strategy #2
Indicators:
1. EMA(s)
2. Fibonacci retracement with a mutable lookback period
Strategy:
1. Short Only
2. No preset Stop Loss/Take Profit
3. 0.01% commission
4. When in a profit and a closure above the 200ema, the position takes a profit.
5. The position is stopped When a closure over the (0.764) Fibonacci ratio occurs.
* NO IMMEDIATE RE-ENTRIES EVER!*
How to use it and what makes it unique:
This strategy will enter often and stop quickly. The goal with this strategy is to take losses often but catch the big move to the downside when it occurs through the Silvercross/Fibonacci combination. This is a unique strategy because it uses a programmed Fibonacci ratio that can be used within the strategy and on any program. You can manipulate the stats by changing the lookback period of the Fibonacci retracement and looking at different assets/timeframes.
This description tells the indicators combined to create a new strategy, with commissions and take profit/stop loss conditions included, and the process of strategy execution with a description of how to use it. If you have any questions feel free to PM me and boost if you found it helpful. Thank you, pineUSERS!
CHEATCODE1
Indicators:
1. EMA(s)
2. Fibonacci retracement with a mutable lookback period
Strategy:
1. Short Only
2. No preset Stop Loss/Take Profit
3. 0.01% commission
4. When in a profit and a closure above the 200ema, the position takes a profit.
5. The position is stopped When a closure over the (0.764) Fibonacci ratio occurs.
* NO IMMEDIATE RE-ENTRIES EVER!*
How to use it and what makes it unique:
This strategy will enter often and stop quickly. The goal with this strategy is to take losses often but catch the big move to the downside when it occurs through the Silvercross/Fibonacci combination. This is a unique strategy because it uses a programmed Fibonacci ratio that can be used within the strategy and on any program. You can manipulate the stats by changing the lookback period of the Fibonacci retracement and looking at different assets/timeframes.
This description tells the indicators combined to create a new strategy, with commissions and take profit/stop loss conditions included, and the process of strategy execution with a description of how to use it. If you have any questions feel free to PM me and boost if you found it helpful. Thank you, pineUSERS!
CHEATCODE1
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。