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Counter-trend strategy
Condition to open a long position:
Buys if the price drops by a specified percentage from the previous candle’s close. Only one purchase can be made within a single candle.

Condition to close a position:
Places a separate individual closing limit order for each purchase, or uses one common take-profit order for the whole position.

⚠️ Attention: Stop-loss is not implemented in the current first version of the strategy.

Options description:

Drop_percent, % — Percentage drop in price from the From point

From — The reference point on the closed candle from which the Drop_percent is calculated (Open, Close, High, Low)

Tp, % — Take-profit level as a percentage

Count — Number of allowed additional purchases (scaling in)

Each_tp — Mode switch:

True — a separate take-profit is placed for each purchase

False — one common take-profit is placed based on the average entry price of the position

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.