ROBO_Trading

Robot WhiteBox StopMA

ROBO_Trading Updated   
Lines

Blue line = SMA = simple moving average
Lime line = SMA percentage selected by the user
Red line = SMA - percentage selected by user

Stop orders

The strategy uses market stop orders. For a backtest, you need to set a fee of the order maker.

Strategy

Reversible system.
If a price is greater than a lime line, open a long position (and close a short position)
If a price is less than a red line, open a short position (and close a long position)
Release Notes:
+ stops

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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