This script displays two lines (orange line and white line) that are averages of five MAs.
●Display
1 hour chart
●Buy entry (Green↑)
Close price of an candlestick is above the two MAs.
●Early buy entry (purple↑)
Close price of an candlestick is above the orange line.
●Stop
Close price of an candlestick is below the orange line.
●Exit
Any (price action, etc.)
If you follow this script, the winning percentage will not be high because entry signs appear frequently.
However, I aim to increase profits by holding a position in the trend direction for a long time with a clear stop loss.
●Display
1 hour chart
●Buy entry (Green↑)
Close price of an candlestick is above the two MAs.
●Early buy entry (purple↑)
Close price of an candlestick is above the orange line.
●Stop
Close price of an candlestick is below the orange line.
●Exit
Any (price action, etc.)
If you follow this script, the winning percentage will not be high because entry signs appear frequently.
However, I aim to increase profits by holding a position in the trend direction for a long time with a clear stop loss.