PROTECTED SOURCE SCRIPT
Trend Trader

Summary:
Based on the script by Chris Moody. Using HLC3 candles and a default of 50EMA, changes candle colours to determine buy or sell signals.
How it works:
- When the candle closes above the 50EMA, the candle will turn green, open a long (close a short).
- When the candle closes below the 50EMA, the candle will turn red, open a short (close a long).
Quite a conservative strategy, not for day trading. Comes into it's own in trending markets as long as you stick to the signals. Is definitely not for knife catching.
Trade with momentum and set take profits.
I've used it with success on 1D and 4H timeframes.
Use the green and red crossover lines to set alerts when the candle closes (can be automated pretty easily with AutoView).
Based on the script by Chris Moody. Using HLC3 candles and a default of 50EMA, changes candle colours to determine buy or sell signals.
How it works:
- When the candle closes above the 50EMA, the candle will turn green, open a long (close a short).
- When the candle closes below the 50EMA, the candle will turn red, open a short (close a long).
Quite a conservative strategy, not for day trading. Comes into it's own in trending markets as long as you stick to the signals. Is definitely not for knife catching.
Trade with momentum and set take profits.
I've used it with success on 1D and 4H timeframes.
Use the green and red crossover lines to set alerts when the candle closes (can be automated pretty easily with AutoView).
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。