Accurate BUY & SELL 5 mins TF by RRAlways trade using 5 mins Time frame of chart.
For Buy entry always buy 1 point above the candle closing price & SL would be previous candle low or 30 points.
For Sell Entry Always Sell 1 point below the candle opening price & SL would be previous candle high or 30 points.
Do not take trades using 3 mins Time frame, as there is lot of noise. It works best with 5 mins Time frame.
I have adjusted/set according my trading pattern, if needed use the settings options to set accordingly .
Removed range highlighter to keep the chart simple.
Original Version credits to ZacVaughn
Actual Version i just set alerts and change the parameters for Crude OIL 5min Chart.
NO REPAINT.
Wait For Barclose
Brent
Complete turtles strategy based on the donchian channelsDear Traders and investor,
I want to demonstrate scrypt of the iconic "trend following strategy" coded by my
The main idea was borrowed from the book "Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary". The strategy is based on the donchian channels and is one of the oldest and easiest strategy in the using. Also strategy include risk managment and trends filter which prevent false entries and high drawndowns. The results are based on the period from 2006 to present, but you can also change timeframe and period of backtesting.
Best regards,
Vlad
