ie: If 2 targets are selected: - 50% of investment will be taken at target 1 - 25% of investment will be taken at target 2 - and the remainder 25% will be taken when the trade is closed on a close signal
However, it is up to the user's own risk appetite to determine where and how much profit to take
Note that the backtester does not have any on screen indicators other than OPEN and CLOSE, however profit taking can be indicated by ticking the Style -> Trades on Chart tick box on the settings userform
---SIGNALS---
The signals script can be used for automation and can indicate up to 6 potential Profit Targets, as well as a Stop Loss based on how many bars back needs to be taken into consideration
The signals (Open/Close) can be automated using TradingView alerts, however the Stop Loss and Profit Taking are only indicators and are for the users own interpretation
The user does not have to place a Stop Loss or take profit at the Targets if so wished, the bot can be used to simply buy on an OPEN signal and sell on a CLOSE signal, however, the backtester will indicate that it is far more profitable to take profits.
It is advised to take profits just below indicated Targets as these are potentially high selling zones and price action can sometimes turn down just short of these targets.
---INVITE-ONLY SCRIPT---
This is an invite-only script, so if you would like to try out Kairos Bot, send me a message
Versionsinformation
Some upgrades have been made to the backtester calcs
Tillgången till detta skript är begränsat till användare som har godkänts av författaren och kräver vanligtvis betalning. Du kan lägga till det till dina favoriter men du kan bara använda det efter att ha begärt och fått författarens tillstånd. Contact EbbNFlo_Trading for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.