Takashi Bows Autopilot | 2nd Gen | [Alerts]

Our state-of-the-art trend confirmation indicator is now combined with automatic threshold selection.

Takashi Bows Autopilot is the ultimate trading tool. Effortless, its signals put traders inside strong trends, locking big profits that cover all loss generated during sideways trends.

An upgrade version of Takashi Bows v1, this script is the result of some operations developed by us, it can easily adapt to different markets and time frames. Now ranging from level 1 to 20, traders can select the amount of signals to be displayed on the chart. Based on price movement, it signals entries after strong movement up or down.

Take Profit included. If a position is opened in one direction, it should be closed at take profit levels or when a position in the opposite direction is opened.

Inputs
Level
Integer input. Sets a level for signals generated up and down. The higher the level, more signals on chart, and vice-versa.

Take Profit %
Float input. Sets a percent of take profit for exiting previous open position.

Rule
Float input. Sets a ruler for more accuracy on less volatile markets. Standard value 1 for high volatile markets, higher values for low volatile markets.

See Bows
Bool input. If true, Bows lines can be seen on chart.

To get access to this and other scripts check links below.