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Bearish Bars Uptrend Strategy
The strategy is based on the number of bearish bars or bullish bars of the last 8 bars. Additionally it uses a filter of the moving average of 240 bars.
The idea of the strategy is based on pullbacks in uptrends. The buy signal is given when there are 7 bearish bars of the last 8 bars and the price is above the moving average. The operation is closed when there are 7 bulls of the last 8 bars.
The strategy in the majority of assets has a hit rate of around 60% in daily timefrime. Although since it does not have a stop and the closing signal may not occur even if the asset is going down, there are trades that can be losers with 70% to 80% negative performance. That is why money management is essential to be able to take advantage of the system correctly.
The idea of the strategy is based on pullbacks in uptrends. The buy signal is given when there are 7 bearish bars of the last 8 bars and the price is above the moving average. The operation is closed when there are 7 bulls of the last 8 bars.
The strategy in the majority of assets has a hit rate of around 60% in daily timefrime. Although since it does not have a stop and the closing signal may not occur even if the asset is going down, there are trades that can be losers with 70% to 80% negative performance. That is why money management is essential to be able to take advantage of the system correctly.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.