OPEN-SOURCE SCRIPT
Internal Bar Strength Indicator | Reversion system
This strategy buy at the next open when close = low. Then it closes the position after either a small profits OR a (very) small losses. Works with several TF
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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