INVITE-ONLY SCRIPT
Spartan
Updated
The Spartan Strategy.
This is a momentum strategy which attempts to identify when buying pressure or selling pressure is present in the markets.
How to trade the long side:
Once a blue candle appears, enter Long on pullbacks into a blue candle for longs
Place your stop loss on the opposite side of the blue candle.
Target a previous high for longs
How to trade the short side:
Once a red candle appears, enter Short on pullbacks into a red candle for shorts
Place your stop on the opposite side of the red candle.
Target a previous low for shorts
This is a momentum strategy which attempts to identify when buying pressure or selling pressure is present in the markets.
How to trade the long side:
Once a blue candle appears, enter Long on pullbacks into a blue candle for longs
Place your stop loss on the opposite side of the blue candle.
Target a previous high for longs
How to trade the short side:
Once a red candle appears, enter Short on pullbacks into a red candle for shorts
Place your stop on the opposite side of the red candle.
Target a previous low for shorts
Release Notes
Adds strong buy and sell zones to script. Release Notes
Removes red line from chart image. Release Notes
Adds the following features:Support and Resistance levels shown as:
- Previous Day Highs/Lows
- Previous Week Highs/Lows
- Previous Month Highs/Lows
Release Notes
Removes daily / weekly / monthly levels as it makes chart too congested. Release Notes
Assigns grades to strong buying and strong selling pressure. A blue candle combined with a blue circle = High Strength Buying Pressure.
A blue candle combined with a orange circle = Medium Strength Buying Pressure.
A blue candle combined with a yellow circle = Low Strength Buying Pressure.
A red candle combined with a red circle = High Strength Selling Pressure.
A red candle combined with a orange circle = Medium Strength Selling Pressure.
A red candle combined with a yellow circle = Low Strength Selling Pressure.
Release Notes
Removed colors
Invite-only script
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Disclaimer
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