PROTECTED SOURCE SCRIPT

TQQQ Trading

This script presents a specialized approach to trading TQQQ using a combination of significant price drops and trend confirmation methods. It identifies potential buying opportunities when TQQQ experiences a substantial correction (15% drop from recent highs) while maintaining strong underlying trend characteristics.

Key Features:

  • Identifies and measures significant price drops from recent highs
  • Checks multi-timeframe momentum
  • Implements a dynamic stop-loss that raises every day
  • Provides comprehensive trade statistics including win rate, profit factor, and average hold time


The strategy aims to capitalize on TQQQ's leveraged nature by entering during significant corrections when trend conditions remain favorable, rather than trying to catch every minor movement.

Note: This indicator is specifically designed for TQQQ on the daily timeframe
Chart patterns

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Dad of James, trader, technologist, cyclist, and a modern stoic who loves dachshunds, espresso and landscape photography in no particular order.
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