PROTECTED SOURCE SCRIPT
Two-Sided R1/S1 + Supertrend (Final v6)
The core of this TradingView strategy combines classic intraday resistance with a volatility-based trend follower to identify strong breakout and breakdown opportunities while rigorously enforcing day trading rules.
This is an Intraday Mean Reversion / Trend Following strategy for the 5-minute (5m) chart with mandatory End-of-Day (EOD) closures.
In essence: You're only trading in the direction of the confirmed Supertrend when price action has demonstrated enough momentum to move past the important pivot support/resistance levels.
This is an Intraday Mean Reversion / Trend Following strategy for the 5-minute (5m) chart with mandatory End-of-Day (EOD) closures.
In essence: You're only trading in the direction of the confirmed Supertrend when price action has demonstrated enough momentum to move past the important pivot support/resistance levels.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.