SimpleTradingTechniques

PULLBACK CANDLESTICK STRATEGY BY SIMPLE TRADING TECHNIQUES

Arrow represent trade setup

Circle represent triggering of the trade
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1. Where to place stop loss?
2. Where to exit the trade?
3. How to protect gains in your trade?
4. How to apply money management rule?
5. How to trade gap opening?


Script de código abierto

Siguiendo el verdadero espíritu de TradingView, el autor de este script lo ha publicado en código abierto, para que los traders puedan entenderlo y verificarlo. ¡Un hurra por el autor! Puede utilizarlo de forma gratuita, aunque si vuelve a utilizar este código en una publicación, debe cumplir con lo establecido en las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?
//  By SIMPLE TRADING TECHNIQUES

//   	Arrow represent trade setup 
//   	Circle represent triggering of the trade
//--------------------------------------------------------------------

study(title="STT PULLBACK CANDLESTICK STRATEGY",overlay = true, shorttitle="STT PCS")
src = close, len = input(8, minval=1, title="Length")
up = rma(max(change(src), 0), len)
down = rma(-min(change(src), 0), len)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))

//coloring method below

src1 = close, len1 = input(50, minval=1, title="UpLevel")
src2 = close, len2 = input(50, minval=1, title="DownLevel")
isup() => rsi > len1
isdown() => rsi < len2
barcolor(isup() ? green : isdown() ? red : na )

//study('buy/sell arrows', overlay=true)
lowest = lowest(low,(5))
highest = highest(high,(5))
pullbackB = (low == lowest) or (low[1] == lowest[1]) ? 1 : 0
pullbackS = (high == highest) or (high[1] == highest[1]) ? 1 : 0

value = (high - low) / 4
value1 = high - value
value2 = low + value

out = sma(close, 50)

data = (high > out ?  rsi > len1 ? pullbackB ? close >= value1 : na : na : na)  
data1 = (low < out ? rsi < len2 ? pullbackS ? close <= value2 : na : na : na)

plotchar(data, char='↑', location=location.belowbar, color=lime, text="PCS Buy")
plotchar(data1, char='↓', location=location.abovebar, color=red, text="PCS Sell")

//Trade Trigger
tiggerlongcandle = (data[1] == 1) and (high > high[1]) ? 1 : 0
tiggershortcandle = (data1[1] == 1) and (low < low[1]) ? 1 : 0
plotshape(tiggerlongcandle ? tiggerlongcandle : na, title="Triggered Long",style=shape.circle, location=location.belowbar, color=green, transp=0, offset=0, text="PCS")
plotshape(tiggershortcandle ? tiggershortcandle : na, title="Triggered Short",style=shape.circle, location=location.abovebar, color=red, transp=0, offset=0, text="PCS")

plot (out, color = black, linewidth = 3, title = "Trend - Long Term")