This script implements a variation of the Rob Hoffman's Inventory Retracement strategy, with entries being triggered by inventory retracement candles. Various confirmation parameters are available, such as EMA slope for momentum confirmation multi-timeframe EMA multi-timeframe Ehler's mother of all moving averages volume confirmation Position...
This strategy first calculates areas of support (bases), and then enters trades if that support is broken. The idea is to profit off of retracement. Dollar-cost-averaging safety orders are key here. This strategy takes into account a .1% commission, and tests are done with an initial capital of 100.00 USD. This only goes long. The strategy is highly customizable....
A trend-following strategy entering pullbacks Simple but efficient Mostly used it on 1 min chart but it works extremely well on 5 min as well. The components of the strategy: -MTF ATR based Trend -Fib based cloud to help determine the trend - Caution when trend and cloud shows a different trend - a reversal may be possible. -Optional values for the signals -how...
What is the Ultimate Pullback Strategy? This strategy script is based on my Ultimate Pullback Indicator which detects pullback trading opportunities by analyzing price action in a very specific manner. By combining simple trend filters with various advanced candlestick patterns it detects high-probability trend-continuation setups (and optional exits). If...