PROTECTED SOURCE SCRIPT

BlackMagic [BTC]

Updated
BlackMagick is a trend following script looking to enter on retracements when a trend has been defined and should only be used on BTC/USD

Entries are marked with the X symbol
Stop-loss is a red circle
take profit is a green circle

The background colour of the entry defines which direction the trade should be placed green for long, red for short.

You can configure the stop loss which uses a 20-period ATR multiplied by 2.2 (this is configurable)
Take profit is derived by a Risk-Reward ratio, which is a default of 2 (this is configurable)


Release Notes
Only show background highlights when a trade is setup
Release Notes
Remove chart widgets, stop loss multiple was incorrect default
Average True Range (ATR)Moving AveragesOscillators

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?

Disclaimer