OPEN-SOURCE SCRIPT
FibBand, Perfect Trendline Trader and Target System
So, Dear Friends, I am open-sourcing one of my scripts which I created as a thesis project,
The Auto Trader System is a Scalping Tool, to be used mostly in intraday Setups!!
and is designed using,
1. Fibonacci Bands
Fibo Bands are Calculated by defining dynamic Fibonacci Pivots Lines over a history of Lookup values (Default is 89 periods lookback),
The bands help in identifying the Target Points for the setup
2. Perfect TrendLine Setup
The script uses PTS, as a filter to define the optimum entry and exit points
Which timeframe it works for ?
Works for Any Time Frame, but Intraday setups are good!
Who is this System for ?
Beginner and Intermediate Traders
Provision For Alerts
The Script has provision for both long and short alerts!!
Enjoy!
The Auto Trader System is a Scalping Tool, to be used mostly in intraday Setups!!
and is designed using,
1. Fibonacci Bands
Fibo Bands are Calculated by defining dynamic Fibonacci Pivots Lines over a history of Lookup values (Default is 89 periods lookback),
The bands help in identifying the Target Points for the setup
2. Perfect TrendLine Setup
The script uses PTS, as a filter to define the optimum entry and exit points
Which timeframe it works for ?
Works for Any Time Frame, but Intraday setups are good!
Who is this System for ?
Beginner and Intermediate Traders
Provision For Alerts
The Script has provision for both long and short alerts!!
Enjoy!
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.
Get Ocs Ai Trader, Your personal Ai Trade Assistant here
→ ocstrader.com
About me
AlgoTrading Certification, ( University of Oxford, Säid Business School )
PGP Research Analysis, ( NISM, SEBI )
Electronics Engineer
→ ocstrader.com
About me
AlgoTrading Certification, ( University of Oxford, Säid Business School )
PGP Research Analysis, ( NISM, SEBI )
Electronics Engineer
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.
Get Ocs Ai Trader, Your personal Ai Trade Assistant here
→ ocstrader.com
About me
AlgoTrading Certification, ( University of Oxford, Säid Business School )
PGP Research Analysis, ( NISM, SEBI )
Electronics Engineer
→ ocstrader.com
About me
AlgoTrading Certification, ( University of Oxford, Säid Business School )
PGP Research Analysis, ( NISM, SEBI )
Electronics Engineer
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.