OPEN-SOURCE SCRIPT
Updated [Maclen] Money Flow Strategy
This is a strategy based on a smoothed overbought and oversold indicator of money flow.
It was design on BTCUSDT Perpetual Futures of Binance with a timeframe of 1D.
Feel free to comment and publish any idea to improve this strategy.
It was design on BTCUSDT Perpetual Futures of Binance with a timeframe of 1D.
Feel free to comment and publish any idea to improve this strategy.
Release Notes
It's important to use SL and TTP when you use leverage so I only update the script to have the default value with "true" and backtest with that on mind.
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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Disclaimer
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