This strategy takes the highest high and the lowest low of a specified timeframe and specified bar count.
It will then takes the average between these two extremes to create a center line. This creates a range of high middle and low.
Then the strategy takes the current market movement which is the direct average(no specified timeframe and specified bar count) of the current high and low.
Using this "current market movement" within the range of high middle and low it determins when to buy and then sell the asset.
*********note*************** -this strategy is (bullish) -works good with most futures assets that have volatility/ decent movement
(might add more details if I forget any) (work in progress)
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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