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Cherepanov_V

Small short for Crypto

Cherepanov_V Updated   
Trend Analysis trend
64
3
trendanalysis trend
This is the third modification of VuMAnChu cipher B indicator designed only for short sales.
  • The trigger signal is called sommi bearish diamond (according to my due diligence it has the best performance)
  • You can either fix a stop loss value or close position after crossing sma line.
  • Take profit also can be tuned.
Keep in mind that short positions are very risky, so deposit your money to the market only after your research. I guess this indicator has potential for repainting, so track backtests/forward tests carefully. The script is for entertainment purposes only.
Good luck and have fun!
Release Notes:
Fix the SL exit.
Open-source script

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.

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