PROTECTED SOURCE SCRIPT
Hourly Trend Trading Strategy - BTCUSD.P

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// COMMENTS AND DOCUMENTATION
// =====================================
// Strategy Logic Summary:
// 1. Trading operates only between 11:00 AM and 5:30 PM IST
// 2. At the start of each hour (11 AM, 12 PM, 1 PM, etc.), the strategy:
// - Evaluates current trend using EMA crossover, RSI, and price action
// - Places long orders if bullish trend is detected and long trades are enabled
// - Places short orders if bearish trend is detected and short trades are enabled
// - Waits for the next hour if market is sideways
// 3. Risk management includes ATR-based stop loss and take profit
// 4. All positions are automatically closed at 5:30 PM IST
// 5. Only one position is held at a time (configurable)
// Key Features:
// - Multi-factor trend analysis for robust signal generation
// - Timezone conversion for accurate IST timing
// - Enable/disable controls for long and short trades
// - Visual indicators for session timing and trend status
// - Comprehensive risk management with ATR-based levels
// - Real-time information display via table
// - Alert system for automated notifications
// COMMENTS AND DOCUMENTATION
// =====================================
// Strategy Logic Summary:
// 1. Trading operates only between 11:00 AM and 5:30 PM IST
// 2. At the start of each hour (11 AM, 12 PM, 1 PM, etc.), the strategy:
// - Evaluates current trend using EMA crossover, RSI, and price action
// - Places long orders if bullish trend is detected and long trades are enabled
// - Places short orders if bearish trend is detected and short trades are enabled
// - Waits for the next hour if market is sideways
// 3. Risk management includes ATR-based stop loss and take profit
// 4. All positions are automatically closed at 5:30 PM IST
// 5. Only one position is held at a time (configurable)
// Key Features:
// - Multi-factor trend analysis for robust signal generation
// - Timezone conversion for accurate IST timing
// - Enable/disable controls for long and short trades
// - Visual indicators for session timing and trend status
// - Comprehensive risk management with ATR-based levels
// - Real-time information display via table
// - Alert system for automated notifications
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.