OPEN-SOURCE SCRIPT

ATR SL Buy/Sell w/ SMAs

Firstly I'd like to state that this script's ATR buy/sell source is from the public script library here:
ATR Trailing Stoploss


Additionally with the buy/sell signals from the original script, two more buy/sell conditions were added to give more entries/scaling in or out options. On top of that, two SMA lines were added, a 1 day moving average and a 5 day moving average.

This script is more so designed for scalping/scaling in and out of positions already made.

The SMAs add a level of confidence to the entry order, buy/sell triggers are not based on these SMAs.

For the confirmation on the entry, ideally you want a bullish cross on the SMAs, as well as the color of the SMA to correlate to the buy/sell color.
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ATRautomatedbuybuysignalMoving AveragesSELLsellsignalTrend Analysis

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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