OPEN-SOURCE SCRIPT
CC Trend strategy 2- Downtrend Short

Trend Strategy #2
Indicators:
1. EMA(s)
2. Fibonacci retracement with a mutable lookback period
Strategy:
1. Short Only
2. No preset Stop Loss/Take Profit
3. 0.01% commission
4. When in a profit and a closure above the 200ema, the position takes a profit.
5. The position is stopped When a closure over the (0.764) Fibonacci ratio occurs.
* NO IMMEDIATE RE-ENTRIES EVER!*
How to use it and what makes it unique:
This strategy will enter often and stop quickly. The goal with this strategy is to take losses often but catch the big move to the downside when it occurs through the Silvercross/Fibonacci combination. This is a unique strategy because it uses a programmed Fibonacci ratio that can be used within the strategy and on any program. You can manipulate the stats by changing the lookback period of the Fibonacci retracement and looking at different assets/timeframes.
This description tells the indicators combined to create a new strategy, with commissions and take profit/stop loss conditions included, and the process of strategy execution with a description of how to use it. If you have any questions feel free to PM me and boost if you found it helpful. Thank you, pineUSERS!
CHEATCODE1
Indicators:
1. EMA(s)
2. Fibonacci retracement with a mutable lookback period
Strategy:
1. Short Only
2. No preset Stop Loss/Take Profit
3. 0.01% commission
4. When in a profit and a closure above the 200ema, the position takes a profit.
5. The position is stopped When a closure over the (0.764) Fibonacci ratio occurs.
* NO IMMEDIATE RE-ENTRIES EVER!*
How to use it and what makes it unique:
This strategy will enter often and stop quickly. The goal with this strategy is to take losses often but catch the big move to the downside when it occurs through the Silvercross/Fibonacci combination. This is a unique strategy because it uses a programmed Fibonacci ratio that can be used within the strategy and on any program. You can manipulate the stats by changing the lookback period of the Fibonacci retracement and looking at different assets/timeframes.
This description tells the indicators combined to create a new strategy, with commissions and take profit/stop loss conditions included, and the process of strategy execution with a description of how to use it. If you have any questions feel free to PM me and boost if you found it helpful. Thank you, pineUSERS!
CHEATCODE1
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.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
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.
Pour un accès rapide sur un graphique, ajoutez ce script à vos favoris - en savoir plus ici.
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.