Ichi-Burnes Strategy v1
in this first iteration the strategy incorporates TK-Cross, Momentum and Fractals, as well as Take Profit, Stop-Loss and Trailing Stop (all exits are %-based).
//To opt NOT to use take profit or stop loss or trailstop just set the corresponding % to 0
//Minimal Tick is used for calculating the exits via Take Profit/Stop Loss/Trailing Stop, it is the smallest possible value of a price change
//(e.g. on BitFinex for LTCUSD Minimal Tick = 0.001, for BTCUSD it's = 0.1)
//Beware of TradingView's way of calculating Trailing Stop Loss that always assumes the price inside the candle always moved in the direction that favors the trade of the user in the backtest
//More here: backtest-rookies.com/2018/06/08/tradingview-trailing-stop-mechanics-beware-version-3/
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Author's instructions
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Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact profghibli directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.