OPEN-SOURCE SCRIPT

Forex bot full strategy with risk management

This is a full strategy designed for forex major pairs, specially EUR/USD using 1h time frame chart.

Its components are
200 EMA
MACD
OBV
PSAR
RIsk management with tp and sl movements


Rules for entry
For long = Previous histogram from MACD was below 0 and current one is above 0. CLose of a candle is above EMA 200 , OBV oscillator is negative and we have an uptrend from PSAR
For short = Previous histogram from MACD was above 0 and current one is below 0. CLose of a candle is below EMA 200 , OBV oscillator is positive and we have an downtrend from PSAR

Rules for exit
For tp and sl values we calculate the distance from the close of candle until the psar values.

If you have any questions, let me know !

automatedtradingEUREURUSDForexlondonMoving Average Convergence / Divergence (MACD)majornewyorkOn Balance Volume (OBV)Parabolic Stop and Reverse (PSAR)strategyUSD

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?


🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
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