ETHUSDTConcept here is a lazy stop loss/buy.
It's tweened towards a target stop through a decay. This varies whether it's going up (stop loss) or going down (stop buy).
Green means long, Red means Short
Changing the biases towards 0.99999 increases lag and will make longer trades, decreasining will increase sensitivity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.