Found that basic strategy without any position management with high length (65 in this script) works pretty good for 1m chart for few stocks.
It's also not bad for AAPL , SPY .
It might not work very good on it's not but can give you a pretty good base for more complicated indicators.
Past performance does not guarantee future results.
Pine Progr: https://qntly.com/pineprog
Adv.Pine Use-Cases: https://qntly.com/advpine
Buy me a beer: https://qntly.com/beer
Access to Pro Indic.: https://qntly.com/proind
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.