Scalping Counter Trend strategy

v10.3
Scalping Counter Trend strategy

– On the basis of a program written by Leo entitled “LEO MOVING AVERAGE” I propose a simple strategy to initiate positions in “Against Trend” on detection of new higher or lower …

– The program displays the maximum and minimum levels, indicates the position and the direction of the input with a planned Stop Loss indicating the extreme points. It colors the background trend on the unit of time used in blue if the asset is bullish or yellow if it is bearish. A simple 200-period moving average was added to validate the medium-term trend …

Variables make it possible to adapt this strategy to your liking:

  • “Period” Value of LMA moving average
  • “Offset” Adjust distance text Stop Loss of the candle
  • “Color” Adjusting temperature background color
  • “BackColor” Mask the background color (visual option)
  • “Text” Hidden text “Stop Loss”

 

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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  1. ludo6977 • 171 days ago #

    it’s great work, but is it repainted? In any case good job.

  2. ludo6977 • 171 days ago #

    he is extremely late. Too bad

  3. Sofitech • 171 days ago #

    Could you give some explanation about this indicator. How long does it take to have a new high/low signal when it happens ? How many bars / candles ?

  4. EZB-Schmarotzer • 168 days ago #

    Good system, but no dots on FX-Pairs like GBP/USD. Could you explain why and fix it maybe?

  5. swapping • 168 days ago #

    Hello Schmarotzer, for the forex it is necessary to put offset to “0” !
    I forgot to specify it …

  6. Leo • 167 days ago #

    Nice… the fact that there are a Maximum or Minimum with a Long term Bias can be a powerfull resource….
    I am glad that this indicator is usefull.

  7. swapping • 167 days ago #

    Thank you very much Leo, I will make other mix that can be interesting with different code of this community …
    Best regards 😉

    • nader003 • 113 days ago #

      Hi .. how can we get this indicator for MT4 platform

    • Nicolas • 108 days ago #

      You can ask for private custom coding to our programming services: https://www.prorealcode.com/trading-programming-services/

  8. marinober • 166 days ago #

    ciao… fa repaint ?

  9. marinober • 166 days ago #

    Troppo bello per essere vero. il segnale lo da in ritardo ….. direi INUTILE e magari sarebbe bene non pubblicare indicatori che fanno repaint sono cose di 100 anni fa

  10. swapping • 165 days ago #

    легко критиковать показатели, закодированные в мое свободное время и оставленные бесплатно, но ничего не принося сообществу

  11. marinober • 165 days ago #

    giusto, la critica è troppo severa. Mi dispiace che l’indicatore abbia delle lacune perchè sarebbe veramente utile e l’idea ottima. Io non so programmare , mi limito a testare . Se posso rendermi utile in questo sono a disposizione.

  12. RobertFX • 152 days ago #

    Works fine on FOREX

  13. Lafras • 124 days ago #

    very late to identify signal

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