OPEN-SOURCE SCRIPT
Zahid User Input Trading Strategy (Long Only, Intrabar Re-entry)
Entry: The strategy buys when the price touches the user-defined entry level.
Exit: It automatically takes profit or stops out based on user-defined targets.
Use Case:
This strategy is ideal for traders who want to precisely control their entry, profit target, and stop-loss points. It is particularly useful in volatile markets where price fluctuations can quickly move between set levels (e.g., commodities like US Crude Oil).
Since it focuses on predefined entry levels and automatically manages the trade exits, it provides a structured and disciplined approach to 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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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