Swing Trade Bot 1.2 — Indicator by CMTony

This is a trend following strategy that buys breakouts of certain swinghighs/swinglows. We applied a sophisticated moving average filter to only take the trades with the highest chance of winning.

Additionally, this indicator calculates position size and leverage for each trade individually and it is possible to connect the indicator to bots like Profitview to fully automate trading. The indicator provides entries, stops, position size and leverage for each trade.

Release Notes:

We now have an overlay indicator with a position monitor that shows the position size for 100, 120, 150, 170 and 200$ risk.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact CMTony for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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