OPEN-SOURCE SCRIPT
Evans
This is a simple math problem:
If your risk-reward ratio is 1:3.
Even if you lose 3 out of 4 trades (a win rate of only 25%), as long as you hit one big win, you'll still break even.
That extra bit of win rate is your pure profit.
📊 How to use it with LuxAlgo?
This script is your "skeleton," and LuxAlgo is your "muscle."
Hearing the green/red alarm: This means your system has detected a DEMA 9/20 crossover.
Confirm with the chart:
If LuxAlgo also shows a dark blue right-pointing arrow at this time, it represents a strong momentum 1:3 opportunity.
If the price is currently in the 0.618 Discount Zone, you must hold this trade.
Hearing the yellow alarm:
This is a reminder that the trend has changed. If you are already in profit but haven't reached a 1:3 ratio, you can consider manually reducing your position by half and then moving your stop loss to the entry point (Break Even), allowing the remaining profits to run without risk.
If your risk-reward ratio is 1:3.
Even if you lose 3 out of 4 trades (a win rate of only 25%), as long as you hit one big win, you'll still break even.
That extra bit of win rate is your pure profit.
📊 How to use it with LuxAlgo?
This script is your "skeleton," and LuxAlgo is your "muscle."
Hearing the green/red alarm: This means your system has detected a DEMA 9/20 crossover.
Confirm with the chart:
If LuxAlgo also shows a dark blue right-pointing arrow at this time, it represents a strong momentum 1:3 opportunity.
If the price is currently in the 0.618 Discount Zone, you must hold this trade.
Hearing the yellow alarm:
This is a reminder that the trend has changed. If you are already in profit but haven't reached a 1:3 ratio, you can consider manually reducing your position by half and then moving your stop loss to the entry point (Break Even), allowing the remaining profits to run without risk.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.