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OPEN-SOURCE SCRIPT
Updated

Chaloke System Strategy

9 416
Chaloke System Strategy
This is a trend indicator
Atr and 3 moving averages are used
Short 9-day moving average,Medium 15-day moving average,Calculated with a long 24-day moving average.
Atr period : 5


Sht,Mid,Lng calculation method is different

Buying Strategy
long = crossover(Sht,Mid) and close > Sht

Selling Strategy
short = crossunder(Sht, Lng ) or close < Lng

Buy should be done when the barcolor turns green
Sell ​​should be done when barcolor is red
When the barcolor is black, there may be change.
Release Notes
bugs fixed

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

ceyhun
Also on:
Bill Williams IndicatorschalokechalokestrategychalokesystemMoving AveragesstrategysystemTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bill Williams IndicatorschalokechalokestrategychalokesystemMoving AveragesstrategysystemTrend Analysis

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

ceyhun
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.