OPEN-SOURCE SCRIPT
Chande Kroll Stop + ADX filter strategy
Dear TV''ers,
Hereby a script where i created a simple strategy using the underappreciated chande kroll stop indicator. Short signal is when the close crosses under the orange line and a long signal is generated upon a crossover of a close candle of the blue line.
Additionally you have the option to filter using ADX the minimize getting rekt in a choppy market.
good luck trading!
Hereby a script where i created a simple strategy using the underappreciated chande kroll stop indicator. Short signal is when the close crosses under the orange line and a long signal is generated upon a crossover of a close candle of the blue line.
Additionally you have the option to filter using ADX the minimize getting rekt in a choppy market.
good luck trading!
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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