PROTECTED SOURCE SCRIPT

2-Rule Buy/Sell -Jesse

33
How it works

Runs (sets) of candles: The script groups contiguous bullish and bearish “sets.” Doji handling is configurable (exclude, join bears, or join bulls).

Rule 1 (swing qualification):

BUY: The last bearish candle before the first bullish must be the lowest of its run and lower than both the previous bullish set’s lows and the previous bearish set’s lows.

SELL (mirror): The last bullish candle before the first bearish must be the highest of its run and higher than both the previous bearish set’s highs and the previous bullish set’s highs.

Rule 2 (BOS confirmation):

BUY: The first bullish candle must not trade below that last bear’s low and must close above a BOS level.

BOS level = previous bullish set’s highest high; override to the last bear’s high if that high is higher than the previous bull highs.

SELL (mirror): The first bearish candle must not trade above that last bull’s high and must close below a BOS level.

BOS level = previous bearish set’s lowest low; override to the last bull’s low if that low is lower than the previous bear lows.

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.