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TB! -=SmartWave=- [Incl. Volume]

1 312
My Precious SmartWave Formula Ready for Action.

What does it do?

It monitors buys vs sells, since the market moves because people buy n sell,i kinda thought it would be important.

It also monitors price action in relation to that volume to determine if a lot of volume is gobbled up by (over-) leveraged positions.

It provides a good insight when to take some action.


NB.
The drawback and the losses it makes can be reduced a lot with a 2.5% stoploss and fib based TP's, i just did not care to have the script deal with those,
Notas de prensa
Reduced backtest to a more realistic period of 60days
Notas de prensa
Updated Chart
Notas de prensa
added a incredible small MTF offset to mittigate entry pullback
Notas de prensa
Published wrong update.
This one contains the correct strategy

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