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First script done!
This is my version of the No-Nonsense Forex (NNFX) Strategy
This strategy shows you the entry and exit signal with a standard 1.5 x ATR for Stop Loss and 1 x ATR for Taking Profit. You can adjust the settings to your needs.
This strategy uses 5 indicators:
1. Average True Range for SL and TP placement, there is a nuance where you can add the 1XATR Rule;
2. SMA used to filter longs and shorts;
3. SSL Channel for 1st Confirmation;
4. DPO for 2nd Confirmation;
5. Waddah Attar Explosion as a volume indicator.
There is no exit indicator because I coded 2 trades (2x0.5). TP1 will be at 1xATR and TP2 will automatically trail behind with 1.5XATR. You can see the red trailing line on the charts.
Other exits can be: When SSL gives opposite signal or when price crosses and closes your baseline.
I used this system for 1D timeframe.
Hopefully this can be usefull for your tradingstyle.
Would be great if you guys leave a like.
Thanks!
This is my version of the No-Nonsense Forex (NNFX) Strategy
This strategy shows you the entry and exit signal with a standard 1.5 x ATR for Stop Loss and 1 x ATR for Taking Profit. You can adjust the settings to your needs.
This strategy uses 5 indicators:
1. Average True Range for SL and TP placement, there is a nuance where you can add the 1XATR Rule;
2. SMA used to filter longs and shorts;
3. SSL Channel for 1st Confirmation;
4. DPO for 2nd Confirmation;
5. Waddah Attar Explosion as a volume indicator.
There is no exit indicator because I coded 2 trades (2x0.5). TP1 will be at 1xATR and TP2 will automatically trail behind with 1.5XATR. You can see the red trailing line on the charts.
Other exits can be: When SSL gives opposite signal or when price crosses and closes your baseline.
I used this system for 1D timeframe.
Hopefully this can be usefull for your tradingstyle.
Would be great if you guys leave a like.
Thanks!
Nota Keluaran
Script update! This is my version of the No-Nonsense Forex (NNFX) Strategy
This strategy shows you the entry and exit signal with a standard 1.5 x ATR for Stop Loss and 2 x ATR for Taking Profit. You can adjust the settings to your needs.
This strategy uses 5 indicators:
1. Average True Range for SL and TP placement, there is a nuance where you can add the 1XATR Rule;
2. SMA used to filter longs and shorts;
3. SSL Channel for 1st Confirmation;
4. DPO for 2nd Confirmation;
5. Waddah Attar Explosion as a volume indicator.
There is no exit indicator because I coded 2 trades (2x0.5). TP1 will be at 1xATR and TP2 will automatically trail behind with 1.5XATR. You can see the red trailing line on the charts.
Other exits can be: When SSL gives opposite signal or when price crosses and closes your baseline.
I used this system for 1D timeframe.
Hopefully this can be usefull for your tradingstyle.
Would be great if you guys leave a like.
Thanks!
Nota Keluaran
Update:- Changed the settings for testing to 2026 instead of 2022.
- Adjusted ATR take profit to 1.66, free to adjust as you like.
- Adjusted the name in the settings for SSL display mode.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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 dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.