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AHMEDABDELAZIZZIZO

Ta Strategy

AHMEDABDELAZIZZIZO  
Moving Average Convergence / Divergence (MACD) Average Directional Index (ADX) Pivot Points strategy macdcross ADX Relative Strength Index (RSI) riskmangement tecnicalanalysis support resistence
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macd averagedirectionalindex pivotpoints strategy macdcross adx relativestrengthindex riskmangement tecnicalanalysis support resistence
Hello guys
This script follows traditional technical indicators
MACD, ADX, RSI and pivot points
If the price is above the resistance and the MACD has crossover ,and the RSI 14 is above 50
ADX is higher than 20, and DI+ is higher than DI-. This is a buy signal and vice versa for a sell signal

The script moves the stop loss to the entry price after the first target is reached
You can specify the quantity you want to sell when the price reaches the first target

There are also options like if you want the script to entry long or short, or both
you can reverse the strategy if it does not work well

If you want to inquire about any details, please let me know in the comments

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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