M4x Rainbow strategy

Real Grid Trend Multiplier & SMA

"M4x Rainbow" is a Grid Trend Multiplier bot, who is following an adjustable SMA.

"M4x Rainbow" is not bound on FIFO, each trade get's his own exit.
It is set for Pyramiding=0, which can be changed in the "Strategy" line
Fees are set equal to Binance numbers at 0.1%, about...


!!! Pin to existing scale !!!
Or switch the main Indicator off.

Adjustable Settings:
- Profit % per Step (0-1000%)
- SMA lenght (0-4000)


Alerts: (one Alert is one step)
- longRain
- shortRAIN


The coloring of the lines is:

green = linestate is LONG
blue = linestate is WAIT
yellow = linestate is SHORT

!!! Tested only on 1 Minute Chart !!!

Give it a try and let me know.

...have fun ;-)

Release Notes:

Fix:
The Script Tester messed up with the orders. So I changed it to "strategy.close".
Every order gets now closed at the next line by default.

sry for inconvenience