Noro's CrossLimit — Strategy by ROBO_Trading

Strategy for altcoin/bitcoin currency pairs. Do not use for pairs of type coin/USD with this strategy. You need the taker fee to be zero, or ribate. Because this strategy has very frequent trades.

A simple moving average (SMA) is used to determine the trend.

If not enable Anti-Saw filter
- If candle closing price is higher than SMA - uptrend started
- If candle closing price is lower than SMA - downtrend started

If enable Anti-Saw Filter
- If low candles are higher than SMA - uptrend started
- If high candles are lower than SMA - downtrend started

Only limit orders are created at SMA price and towards the trend.

Release Notes:

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

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