The Idea is to buy when ( > Signal and > 50 and > 50) occures at the same time
This strategy works well on stocks and cryptos especially during market breaking up after consolidation
The best results are on , so its NOT a scalping strategy. But it can work also on 1H charts.
The strategy does not have any stops and profit targets, so we can take all the market can give us at the moment.
The exit point only when goes under Signal
Its Preformance is quite stable.
So, use it, trade it.
If it will help you to imprive your trading results, please donate me
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
Is it because the condition is true and the script runs for each bar?
I don't want it to send a message for each bar right?