OPEN-SOURCE SCRIPT
VFI strategy [based on VFI indicator published by UTS]
This strategy is based on VFI indicator published by UTS.
for the strategy purpose , I have added buy line and sell line to the indicator and tested SPY stock/index on one hour chart
BUY RULE
==========
1. EMA 50 is above EMA 200
2. vfi line is pulled down and crossing above -4
EXIT RULE
==========
1. when vfi line crossing down 5
STOP LOSS
=========
1. default stop loss is set to 5%
ALL the above values (Buy Line , Sell line and Stop Loss ) can be modified in settings window
Notes :
more details of VFI indicator can be found at mkatsanos.com/volume-flow-vfi-indicator/ and precisiontradingsystems.com/volume-flow.htm
Warning:
for educational purposes only
for the strategy purpose , I have added buy line and sell line to the indicator and tested SPY stock/index on one hour chart
BUY RULE
==========
1. EMA 50 is above EMA 200
2. vfi line is pulled down and crossing above -4
EXIT RULE
==========
1. when vfi line crossing down 5
STOP LOSS
=========
1. default stop loss is set to 5%
ALL the above values (Buy Line , Sell line and Stop Loss ) can be modified in settings window
Notes :
more details of VFI indicator can be found at mkatsanos.com/volume-flow-vfi-indicator/ and precisiontradingsystems.com/volume-flow.htm
Warning:
for educational purposes only
Açık kaynak kodlu komut dosyası
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.
For quick access on a chart, add this script to your favorites — learn more here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
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.
For quick access on a chart, add this script to your favorites — learn more here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.