PROTECTED SOURCE SCRIPT
yangwen1.0
This script is an initial concept of mine. I attempted to use the 5-minute chart as ticks for catching bottoms and picking tops, but it's unable to avoid whipsaws. I've tested many methods to evade whipsaws, but they ultimately result in poor entry points, causing me to miss the bottoms and tops of price swings. I sincerely hope someone with better approaches can discuss this with me. Thank you.
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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.