OPEN-SOURCE SCRIPT

[DuDu95] SSL 4C MACD Laugerre RSI Strategy

Hello Guys! Nice to meet you all!
Before I start, my nickname has changed to 'DuDu95'!!
This is the Strategy introduced by youtube channel.
I made this based on the open source indicator by kevinmck100, vkno422, KivancOzbilgic. Thank you All!

### Entry Logic
1. Long Entry Logic
- close > SSL Hybrid baseline upper k (keltner channel)
- macd signal > 0 and current MACD value > previous MACD value
- Laguerre RSI < overbought Line.

2. short Entry Logic
- close < SSL Hybrid baseline lower k (keltner channel)
- macd signal < 0 and current MACD value < previous MACD value
- Laguerre RSI > overbought Line.

### Exit Logic
1. Long Exit Logic
- close < SSL Hybrid baseline lower k (keltner channel)
- macd signal < 0

2. short Entry Logic
- close > SSL Hybrid baseline upper k (keltner channel)
- macd signal > 0

### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.

### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.

### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.

### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Bands and ChannelseducationallaguerreLaguerre Relative Strength Index (Laguerre RSI)macdcrossMoving Averagessslchannelsslhybrid

Skrip open-source

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