High/Low Channel Multi averages Crypto Swing strategy
This is a swing strategy designed for trending markets such as crypto and stock, with big timeframes , like 8h.
For this strategy we take SMA, EMA, VWMA, ALMA, SMMA, LSMA and VWMA and make an apply them all to both HIGH and LOW separately and make 2 averages, 1 applied to high and the other applied to low. With them we make a channel.
Rules for entry For long: close of a candle is above avg applied to high. For short: close of a candle is below avg applied to low.
Rules for exit We exit when we either hit TP or SL or when we receive a different condition than the entry one.(long- > short and viceversa)
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
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