OPEN-SOURCE SCRIPT
Vegas Tunnel strategy
Apply Vegas Tunnel,
Use EMA144 169 as medium-term trend support
Also use EMA 576 676 and 4 multiples of 144 and 169 as long-term support and trend direction
Also increase EMA 36 43 as a short-term trend support
Suitable for stocks, indices, commodities
The applicable time scale can back-test the usability of the strategy by itself, and select the most applicable target
Introduction to current trading strategy:
According to the trend, the price will enter the market when it touches the support of each stage. When it touches the bollinger bands, it is Squeeze. Hold until it leaves the bollinger bands
But the trading strategy can be more optimized, see the code for details
Use EMA144 169 as medium-term trend support
Also use EMA 576 676 and 4 multiples of 144 and 169 as long-term support and trend direction
Also increase EMA 36 43 as a short-term trend support
Suitable for stocks, indices, commodities
The applicable time scale can back-test the usability of the strategy by itself, and select the most applicable target
Introduction to current trading strategy:
According to the trend, the price will enter the market when it touches the support of each stage. When it touches the bollinger bands, it is Squeeze. Hold until it leaves the bollinger bands
But the trading strategy can be more optimized, see the code for details
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 publication is governed by House rules. You can favorite it to use it on a chart.
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