Sharing a strategy

75
For my scalping or Intraday trade, I created this pine script combining various indicator (namely the famous Alphatrend by KivancOzbilgic, Previous Day Close and 52WeeksHigh/Low) into one indicator.

If price goes above the PDC and Alphatrend is a buy then I will make quick long trade. If price goes below the PDC and Alphatrend is a sell then I will make quick short trade. I added a percentage based on PDC to give me where I need to put my stoploss. Not really important as I always have proper risk reward ratio but it comes handy most of the time.

Nota
It is not 100% foolproof but with proper RRR, pretty much you will be profitable.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.