This trading strategy combines different indicators: 1) ADX , Average Directional Movement to make sure we are in a trend. 2) BB %B Bollinger Band %B: to spots relative price position to Bollinger Bands 3) AO Awesome Oscillator for momentum - you will need to configure this to fit the pair. 4) EMA 5, EMA 21, EMA 50, EMA 200: crossovers to get our entry short or long & trend direction
This script was inspired by TraderPro - Crazy 78% Win Rate Proven Trading Strategy Revealed - ADX + BB %B + AO + EMA
My settings are pretty much as default. - I have added a 10,000 USD default - 7% of portfolio is used to create the results. You can of course optimize all of this in the settings. WARNING: - For purpose educate only - Plots EMAs and other values on chart. - This script to change bars colors.