OPEN-SOURCE SCRIPT

LR Candles V2

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IMPORTANT: Use this strategy only with Heikin Ashi candles; otherwise, the results will be negative.

The use of this strategy is solely and exclusively under the responsibility of the operator.

To perform testing correctly and as close to market reality as possible, we suggest setting the strategy preferences as follows:

Slippage = 3
Using bar magnifico = Enabled
Commission = Completed

Detail: It is important to include at least 1,000 trades in the test. This provides a certain robustness in the historical analysis of a strategy. Values lower than this may alter the expected results when trading in real life.

Tip:

Play around with different time frames and calibrations on the strategic indicator. Examples include unchecking Ling-Reg, unchecking EMA, or using both in combination. Look for the best probability and results for a specific asset.

The strategy usually performs well on time frames longer than 1 hour; this is what has been observed.

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