OPEN-SOURCE SCRIPT
XBT Weekend Trade Strategy - 10x leverage and pyramid
uses 10x leverage
Using Friday's XBT close price do the following:
- Go short when price rises above 4.5%
- Go long when price falls below 4.5%
- Add to long position when price falls another 4.5%, same with short position on the rise
- Close all orders when profits reach 10%
- Allow stacking up to 2 orders at once
- Close all orders start of Monday
Using Friday's XBT close price do the following:
- Go short when price rises above 4.5%
- Go long when price falls below 4.5%
- Add to long position when price falls another 4.5%, same with short position on the rise
- Close all orders when profits reach 10%
- Allow stacking up to 2 orders at once
- Close all orders start of Monday
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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