The main components are
Rules for entry
For long: we have the crosses between tenkan and baselines, we have a rising kdj line and at the same time we have a increase in the average high
For short: we have the crosses between tenkan and baselines, we have a falling kdj line and at the same time we have an increase in the average low
Rules for exit
We exit when we have inverse conditions than the initial ones used for entry.
This strategy does not use a risk management, so be careful with it !
If you have any questions let me know !
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 a publication is governed by House Rules. You can favorite it to use it on a chart.
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