Sathya: Short the high
This script has been developed as a professional service and is published only for customer verification/acceptance.
If you are interested in development services, either PM me or visit the Backtest-Rookies website (.com)
Summary
This strategy will attempt to take a short position within a time window only after X consecutive up days. Once X consecutive up days have been detected, two windows will open up. The first window tracks the high of the day. The second window will attempt to short the high of the day if price retests it.
Features
- Tracking of consecutive up days using intra-day data
- Opening a trade window when consecutive up days are detected
- Tracking the high of a sub-session (user definable)
- Shorting the high during a second sub-session (user definable)
- Stop losses and take profits
- End of sub-session close out option.
- Buffer range from high of the day. So price does not need to retouch the high but can come with x rupees.
- Background coloring of sub-sessions so it is easy to track trades
- Added switch to turn take profit on/off
- Added switch and option to close a position after x bars.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact BacktestRookies directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact BacktestRookies directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.