Extreme ScalpingThis is a test of an easy scalping method: buy if actual close is below forecast close and sell if actual close is above forecast close. Take profit and stop loss shall be very small (few pips) as in most of scalping strategies.
No filter is used for only long or only short positions, but you can select buy only or sell only based on other indicators or whatever you feel is the direction of trading.
NOTE: you can add this strategy to your chart but you should modify the backtest day otherwise you will get an error due to calculation limits of pine script. For example, on one minute chart, you should set the backtest day from today only. For past days, set both start day and and day.
I have also a study with alarms.
Please use comment section for any feedback.
Extreme
Extreme Channel(lirshah)Extreme channel strategy gives buy and sell signals according to given period volatility range(default is Daily).
buying above upper channel while selling below lower channel.
good results on different markets.
xbtusd xlmusd xrpusd bchusd ltcusd …
Extreme Channel strategy(lir)A strategy according to extreme channel by lirshah
the result of back test on btcusd H1 time frame
