OPEN-SOURCE SCRIPT
Drexel Strategy
This is my variation of the famous Drexel Strategy. I've modified a few of the things, for instance using a JMA smoothing average as well as the RSX calculation from LazyBear. This strategy does not repaint I do not think, when I called the high and low I used [1] or calculated things from open. I believe I avoided curve fitting because I get similar results across most pairs. This works best on the 1hr and below time frames. Hope you get lots of use out of it.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.