FTRS BOLT PRO
- The script uses RSI as major trend identification and supported by RSI divergence for take profit, and also counter trend in certain cases.
- Uses EMA 200 for major trend identification to filter false signals, Average Volume as confirmation and faster signal detection to the change of trend.
- The indicator detects immediate change of trend and immediately opens position for the major trend.
- User can enjoy the RSI with labels of divergence to do manual judgement.
- Existing risk to reward ratio based on amount of money instead of ticks count. The currency is depending on the chart's trading currency.
- This strategy mainly built for FCPO and its for 1 min settings only. User can toggle the sessions as per users preferences
- The default risk to reward ratio is 1:1.5. However, there is a risk management using RSI levels to
- Updated Buy and Sell signal labels.
- Updated custom time session to enable user select their dedicated trading time
- Updated latest version to version 5
- Enable type of signal label and tick box to allow back testing easier
- Added new signal condition!
- Enjoy!
- This strategy created to help trader who have problem in managing their risk, I hope this will benefit more FCPO traders in the future Update as per below :-
- Omitted ATR Conditions and added new modified stochastic long and short conditions
- Currently the strategy have 3 Long and 3 Short conditions. Momentum conditions (RSI based), Divergence conditions (RSI based and reversal) & Stochastic Condition (for short term scalping)
- Visually clean to see Long and Short signals and let the conditions do the work in the background
- On default, the risk is in value based (MYR) & user may customize settings below to change into tick/bids based.
- Personally I only took trades in the evening as morning session is too short to be traded
- The strategy is directed and non repaint. This is definitely not a scam.
- Trust the process and manage your risk well. Good luck!
- Eliminate false signal when RSI reaches extreme level and weakness level
- Updated, enable trail stop for risk management using ticks instead of amount. Need to tick the box and un-tick the risk management using value.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ShukAzriy 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.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ShukAzriy 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.