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Green Red Pair Candle Strategy

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This indicator Identifies opposite-colored candle pairs (green → red or red → green).

Long Entry: Break above candle pair high + buffer.
Short Entry: Break below candle pair low - buffer.

Exits:
Hits user-defined target (risk-reward based).
Triggers stop-loss (SL) or trailing SL (TSL).
Auto-closes trades outside trading hours.

It offers Customizable Inputs as given below:
Trade Period: Set active hours (default: 09:16-15:15).
Entry Buffer: Adjust breakout confirmation (default: 5).
Target (RR): Set profit multiplier (default: 2).
TSL Offset (X): Profit needed to move SL (default: 10).
TSL Value (Y): SL adjustment per X profit (default: 2).

📊 Visuals & Alerts
Labels: Green (long), Red (short).
Lines:
Orange: Dynamic SL (updates with TSL).
Teal: Profit target.

Alerts: For entries & exits is already included in case if you want to automate the strategy .

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.