ChopBot v1.0
Simple and accurate strategy
If you can improve the script to skip the noise entries spanning less then 4 USD please let me know.
Enjoy
If you can improve the script to skip the noise entries spanning less then 4 USD please let me know.
Enjoy
//@version=2
strategy("ChopBot v1.0", overlay=true)
rangeup = close[1]+tr[1]
rangedown = close[1]-tr[1]
over() => high > rangeup and close > open
under() => low < rangedown and close < open
longCondition = over()
if (longCondition)
strategy.entry("ChopBot Long", strategy.long)
shortCondition = under()
if (shortCondition)
strategy.entry("ChopBot Short", strategy.short)