FibBand, Perfect Trendline Trader and Target System
So, Dear Friends, I am open-sourcing one of my scripts which I created as a thesis project, The Auto Trader System is a Scalping Tool, to be used mostly in intraday Setups!! and is designed using,
1. Fibonacci Bands Fibo Bands are Calculated by defining dynamic Fibonacci Pivots Lines over a history of Lookup values (Default is 89 periods lookback), The bands help in identifying the Target Points for the setup
2. Perfect TrendLine Setup The script uses PTS, as a filter to define the optimum entry and exit points
Which timeframe it works for ? Works for Any Time Frame, but Intraday setups are good!
Who is this System for ? Beginner and Intermediate Traders
Provision For Alerts The Script has provision for both long and short alerts!!
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.
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About me
AlgoTrading Certification, (University of Oxford, Säid Business School)
PGP Research Analysis, (NISM)
Electronics Engineer
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