[Simple strategy] Main-chart + Sub-chart indicator - Long only
This is a relative simple strategy with merely 2 indicators. The main-chart indicator defines the entry point and the sub-chart indicator defines the exit point. With the help of Heikin-Ashi candle, most of the market noise was screened off, resulting in a smooth and steady growing equity curve.
In the back test report using 15 min time frame, the capital grows over 3 folds (312%) in just 4 months (31 July 2018 - 28 December 2018).
Algo trader may use a smaller time frame to gain better net profit result.
Note:
This is a non repaint script based on the latest "Pinescript version 3"
Disclaimer:
This trading view script, strategy and guide is strictly for individual use and for informational purposes only. In no way we are responsible for any damages or any losses you may incur. Despite the results above, this is not a financial or investment advice rather it is more of an educational tool to assist you in your own decision making. Please invest wisely and remember to always do your research!
In the back test report using 15 min time frame, the capital grows over 3 folds (312%) in just 4 months (31 July 2018 - 28 December 2018).
Algo trader may use a smaller time frame to gain better net profit result.
Note:
This is a non repaint script based on the latest "Pinescript version 3"
Disclaimer:
This trading view script, strategy and guide is strictly for individual use and for informational purposes only. In no way we are responsible for any damages or any losses you may incur. Despite the results above, this is not a financial or investment advice rather it is more of an educational tool to assist you in your own decision making. Please invest wisely and remember to always do your research!