OPEN-SOURCE SCRIPT

Bagheri IG Ether

Updated
This is a technical trading strategy for Ethereum (ETHUSDT). We built and developed it on MetaEditor and optimized it with MetaTrader optimizer.
The main indicators are Donchian Channel, Oscillator of ROC, Bears Power, Balance of Power, and Simple Moving Average (SMA). Default values in the input panel are the best combination of these indicators, but you can change any of them and try it for better results.

Please notice that this strategy has been optimized on the 1-minute chart of Ethereum.
For each position, you can see the Take Profit (TP) and Stop Loss (SL) levels. Also, you can find the values of mentioned TP and SL in points from the input panel of the script.

Attention: The price of Ethereum has 2 decimal places.

Therefore, 3000 points for TP means 30 USDT for trading 1 ETHUSDT.
Release Notes
Nothing special! The label has been modified.
Release Notes
Label Modified.
cryptoCryptocurrencyDonchian Channels (DC)Ethereum (Cryptocurrency)Rate of Change (ROC)Simple Moving Average (SMA)

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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