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Bearish Bars Uptrend Strategy

The strategy is based on the number of bearish bars or bullish bars of the last 8 bars. Additionally it uses a filter of the moving average of 240 bars.
The idea of the strategy is based on pullbacks in uptrends. The buy signal is given when there are 7 bearish bars of the last 8 bars and the price is above the moving average. The operation is closed when there are 7 bulls of the last 8 bars.
The strategy in the majority of assets has a hit rate of around 60% in daily timefrime. Although since it does not have a stop and the closing signal may not occur even if the asset is going down, there are trades that can be losers with 70% to 80% negative performance. That is why money management is essential to be able to take advantage of the system correctly.
The idea of the strategy is based on pullbacks in uptrends. The buy signal is given when there are 7 bearish bars of the last 8 bars and the price is above the moving average. The operation is closed when there are 7 bulls of the last 8 bars.
The strategy in the majority of assets has a hit rate of around 60% in daily timefrime. Although since it does not have a stop and the closing signal may not occur even if the asset is going down, there are trades that can be losers with 70% to 80% negative performance. That is why money management is essential to be able to take advantage of the system correctly.
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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。