Here you get a script with the rules for "Glory Hole"-Strategy from Linda Raschke.
In Addition, I choose the SMA - not the EMA for this script.
MY RECOMMONDATION: If you get a trade Signal, then set an sell- oder buy-order on the high or low. If the next bar doesn't touch into the trade, then delete your order.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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