OPEN-SOURCE SCRIPT
BTST Risk & Reward
Updated
- BTST stands for Buy Today Sell Tomorrow which is trading is done on high momentum stock and selling is done on next day.
- Max Entry is one bid below intraday highest price
- TP is 2.5% above Max Entry and CL is one bid below 2.5% from Max Entry
- Max Entry is one bid below intraday highest price
- TP is 2.5% above Max Entry and CL is one bid below 2.5% from Max Entry
Release Notes
- update label and plot shape of btst day on candleRelease Notes
- add option to adjust risk and reward percent- add previous btst accuracy
- add label "monitor for exit" on next candle after btst triggered
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.
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