Buy only when price is above SMA150 I have also added EMA21 and EMA50 for confirmations It provides an easy and fast way to determine the trend direction: Lime : Uptrend. Long trading Maroon : Reentry (buy the dip) or downtrend reversal warning Red : Downtrend. Short trading Green : Short Reentry (sell the peak) or uptrend reversal warning This also includes...
Anti-Breakout Strategy Description: This is a contrarian entry strategy for trading false breakouts. The high/low of the breakout bar is used for the entry in the opposite direction. To reduce repainting set ptype variable to OHL3.
EXPERIMENTAL: A helper script to map the Anti derivative slopes.