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BuyHigh-SellLow Strategy

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Yeah. You read it right. It's not a mistake. It is buy high and sell low strategy.

Main entry condition is to buy when price hits 40 day Donchian channel top. This is combined with my other regular filters which are aligned moving average and new high/low filter and yearly high/low filter.

Exit condition can be based on two things:

  • Donchian channel : Set appropriate DonchianExitLength. Lower line of donchian channel acts as trailing stop.
  • ATR Based trailing stop : Select appropriate ATR multiplier and length.


What a surprise!! You can buy high, sell low and still make money.
Nota Keluaran
Remove calc_on_order_fills to avoid lookahead warning.

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.