OPEN-SOURCE SCRIPT
Impulse BF 🚀
Thanks to rasantos for the idea for this strategy.
The 2 lines are based on the sum number of impulses for x bars back. So total "up impulses" is the sum of the bars where price closed higher, and vice versa for "down impulses". The strategy is simple - a long signal is generated when the total up impulses exceeds the total down impulses. A short signal is generated when total down impulses exceeds total up impulses.
I included a rate of change function to filter out some of the sideways action, denoted by a white background.
I included the option of a stop loss since it may be useful for some settings but the default is 100% which will not be triggered. If we get stopped out and we still have the conditions for our position on candle close, we re-enter.
INSTRUCTIONS
NB: the length parameters are set to 18 by default. The higher this number, the more long term this strategy becomes. So for a macro trader, a setting of 84 would provide a small number of trades per year.
The 2 lines are based on the sum number of impulses for x bars back. So total "up impulses" is the sum of the bars where price closed higher, and vice versa for "down impulses". The strategy is simple - a long signal is generated when the total up impulses exceeds the total down impulses. A short signal is generated when total down impulses exceeds total up impulses.
I included a rate of change function to filter out some of the sideways action, denoted by a white background.
I included the option of a stop loss since it may be useful for some settings but the default is 100% which will not be triggered. If we get stopped out and we still have the conditions for our position on candle close, we re-enter.
INSTRUCTIONS
- Bright Green = go long
- Bright Red = go short
- Green = we have conditions for a long
- Red = we have conditions for a short
- White = no trade
NB: the length parameters are set to 18 by default. The higher this number, the more long term this strategy becomes. So for a macro trader, a setting of 84 would provide a small number of trades per year.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.