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Consecutive Candle Count Momentum Strategy

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Very simple strategy based on consecutive candle count. Simple but can be very profitable if you know how to execute.

Example:
- Buy when consecutive up closes exceeds 3
- Sell when consecutive down closes exceeds 3

For a buy signal, if price closes higher within 5 candles, it is defined as a win.
For a sell signal, if price closes lower within 5 candles, it is defined as a win.

Win rates for buy/sell signals are calculated over history of security.

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.