OPEN-SOURCE SCRIPT

Martingale

7 501
Because market has random wlak but also a martingale property: after a good day, there is a higher probability that another good day will follow than a bad one.

System goes long only: it does not operate when the variation close-to-close in percentage (%) in under a certain buffer (i.e. very little movements are not considered).

There are also rules of money management in fixed percentages

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.