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Ultimate LOTUS - strategy tester

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Welcome to the Ultimate LOTUS - Strategy Tester.

This indicator is used for back-testing. Once you have found settings that you like, you can use my other published indicator "Ultimate LOTUS" to set alerts.

How to use: Apply to any chart, on any time frame. You will see LONG and SHORT signals on the chart. A LONG signal represents an entry/buy in, and a SHORT signal represents an exit/sell.
You can use the Express - Strategy Tester to scalp on low time frames such as the 5m, 15m, 30m etc. Or use it on higher time frames such as the 1hr, 2hr, 4hr.
You can use regular candles but Heikin Ashi are recommended for better accuracy.

You cannot set alerts with this indicator!
Release Notes
Update v2.0

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.