> Directions for Usage:
1. Use only in scripts where is specified by tradingview
2. Check on which timeframe the script has a profit factor greater than 1.4
3. Use that timeframe for profitability
4. In some high liquid securities there is a decent profit factor even at 5 min scale (optimise at your end!! all i want to say)
Hope this helps!!
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.
University of London .
Algorithmic Trading Certifications
University of Oxford, Säid Business School .
Electronics and Communications Engineer at core .
Happy to help, message me!
same parameters for intraday, also works, but it is advisable to find the best adaptive weights for different securities using dominant cycle method,
that is a part of machine learning models, on top of it,
u can build a weightfinder to adapt on top of any security,