OPEN-SOURCE SCRIPT
Large Candle Continuation Strategy
Filter for candle by percentage of price change. I.E. candles larger than a 5% move. Customize entries as price continues from the large candle with an offset of ticks from the large candle close. Choose the number of candles for which the entry is valid. Multiple profit and stop loss variables. Adjustable time window for when trades are valid, meaning you could filter for 8am news candles or 9:30 opening candles etc. Remember, if you are on a 1 minute chart or another very small timeframe, it is less likely you will find many examples. Strategy created with Gemini. No information generated with this script is financial advice, nor should you invest or trade based off of it's signals.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.