OPEN-SOURCE SCRIPT
TraderRob 15M Rob Reversal Strategy
Updated
TraderRob 15M Rob Reversal
The indicator is for a strategy I saw on YouTube. Check the link below to know the conditions and setup. I also added a threshold to exclude doji candles from signals, but you can adjust it to your liking.
youtube.com/watch?v=wUGP748j1Q4&t=146s
The indicator is for a strategy I saw on YouTube. Check the link below to know the conditions and setup. I also added a threshold to exclude doji candles from signals, but you can adjust it to your liking.
youtube.com/watch?v=wUGP748j1Q4&t=146s
Release Notes
Updated conditions for a bearish reversal, where the high is higher than or equal to the previous high, and for a bullish reversal, where the low is lower than or equal to the previous low.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 publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
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.