OPEN-SOURCE SCRIPT
Updated Buying Dip Strategy With Take Profit And Stop Loss [racer8]
"Buy low, sell high."
This system buys the dip and takes profit for a high win rate.
It uses an ATR take profit and ATR stop loss.
It buys the dip when the close is below the previous 7 day low.
Daily timeframe is best.
Enjoy ♡
This system buys the dip and takes profit for a high win rate.
It uses an ATR take profit and ATR stop loss.
It buys the dip when the close is below the previous 7 day low.
Daily timeframe is best.
Enjoy ♡
Release Notes
Improved default parameters and colours ♡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.
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.
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.
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.