SCRIPT NOTES - Strategy consists of 3 parameters :- 1. BUY on 365 day breakout (250 days taken in back-testing instead of 365 days considering weekends and other holidays in a year) 2. Moving averages (Noise Filtering condition ) 3. RELATIVE STRENTH indicator (Original Author - tradingview.com/u/modhelius/ ) (Noise Filtering condition )
- Strategy works better on low volatile stocks. - This strategy is for self improvement and concept sharing purpose only. - Trading (including profit/loss) using this strategy is completely user's responsibility.
Notas de prensa
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STRATEGY UPDATE :- - Exit method modified to "ATR based" exit mechanism from earlier method of "fixed Target % and fixed Stop Loss % method". - ATR based stop method keeps trailing the price as it moves up and keeps us in a trade till the trend lasts.