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3 bar play partial1 1:1, take all 2:1 By Chenyco

5 133
This script is trying to find 3 Bar Play pattern and take profit of 2:1 with option to partial at 1:1.
The pattern has a weighted first bar and then a smaller bar with relative equally high. The first entry should be by the next bar only.

Parameters:

* Default strategy parameters, including initial capital and commissions.


* Risk Unit $ - The risk unit per trade in currency.

* Weighted Bar ATR Ratio - the ratio between the weighted bar true range to the ATR.

* Small Bar Ratio - The ratio between the smaller bar true range to weighted bar.

* Equal Price Ratio - The ratio of acceptable price change in compare to the stock price.

* Partial Qty Ratio - The ratio of the first partial equity.


Good luck!
Chen.
Nota Keluaran
Fixed stop raising for partials + pivot checking
Nota Keluaran
Fixed pivot low & high checking.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.