OPEN-SOURCE SCRIPT
Strategy CCTBBO v2 | Fadior

Second version of the CCTBBO strategy. CCTBBO is a price oscillator that fluctuate between -200 and 200 according to price volatility. Value 0 represent mean price - 2 * StdDev and value 100 represent mean price + 2 * StdDev.
Signal is generated when oscillator cross over / under it's EMA. Position is closed with trailing stop. Source of the indicator is the highs of the last n bars.
Tips if you want to trade with it :
- use small EMA period to increase number of signals and fasten detection of price reversal.
- If there is too much signals you can try increase EMA or filter noise by playing with the margin. The margin is the minimum value between the oscillator and it's moving average to consider a signal valid.
- define your trailing stop by percentage of the price or by ticks. Default value 0.013 equal 1.3% of the Bitcoin price which is approximatly $5.
- make sure you correctly set the number of digits of your current security
Signal is generated when oscillator cross over / under it's EMA. Position is closed with trailing stop. Source of the indicator is the highs of the last n bars.
Tips if you want to trade with it :
- use small EMA period to increase number of signals and fasten detection of price reversal.
- If there is too much signals you can try increase EMA or filter noise by playing with the margin. The margin is the minimum value between the oscillator and it's moving average to consider a signal valid.
- define your trailing stop by percentage of the price or by ticks. Default value 0.013 equal 1.3% of the Bitcoin price which is approximatly $5.
- make sure you correctly set the number of digits of your current security
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.