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bennef

Decision BF

bennef  
Centered Oscillators decisionpoint
81
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centeredoscillator decisionpoint
For XBT/USD pairs.

Based on Decision Point oscillator by LazyBear.

I added a Rate of Change component based on code by kiasaki - this stops trading in a sideways market.

You can adjust stop loss and take profit values in the settings.

INSTRUCTIONS
  • Go Long when the background turns from red to green
  • Go Short when the background turns from green to red
  • Do not trade when background is white since this is a sideways market
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 a publication is governed by House Rules. You can favorite it to use it 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.

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