OPEN-SOURCE SCRIPT
Updated The Trading Channel (EAP Course) - Pullback Indicator 1.0
I've recently subscribed to TTC's EAP course and created this script to help me.
This is a script to assist with backtesting the strategy outlined in the course. It follows the 5 basic rules of entry.
This is a script to assist with backtesting the strategy outlined in the course. It follows the 5 basic rules of entry.
Release Notes
Updated Pullback indicator for The Trading Channel EAP CourseThere is much clearer signals and improved and organized code
Release Notes
Added strategy orders to see performance of chart history Note #1 - ATR hasnt been added to TP & SL yet
Note #2 - These signals dont take into account retracement level, so verification is required on that front
Release Notes
- Added risk factor variable to test different strategies- I've added checkbox options to ignore either buy or sell signals
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 publication is governed by House rules. You can favorite it to use it on a chart.
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