OPEN-SOURCE SCRIPT
Martingale
Because market has random wlak but also a martingale property: after a good day, there is a higher probability that another good day will follow than a bad one.
System goes long only: it does not operate when the variation close-to-close in percentage (%) in under a certain buffer (i.e. very little movements are not considered).
There are also rules of money management in fixed percentages
System goes long only: it does not operate when the variation close-to-close in percentage (%) in under a certain buffer (i.e. very little movements are not considered).
There are also rules of money management in fixed percentages
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.