Simple BTC trading strategy based on yesterday's trading range by x001tk

volatility trendanalysis btc trading strategy range

Once market opens, the strategy calculates the price to send a stop buy order
The order is calculated as the sum of yesterday's range multiplied by a special number and today's open price

System has no stops yet

System closes the position on session close

The performance is quite good

Feel free to use it and trade it

Good luck and good trading

Open-source script

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.

Disclaimer

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