(EMA - close) + Std Dev + Factor = detecting oversell/overbuy Long only! Pyramiding - sometimes, depends on ...
There're 2 enter strategies in one script: 1 - Classic, buy on entering to OverSell zone (more profitable ~> 70%) 2 - Crazy, buy on entering to OverBuy zone (catching trend and pyramiding, more net profit) Exit - crossing zero of (EMA - close)
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Antirepaint. Close position on islastconfirmedhistory bar. Default commission set to 0.1%. PineScript v5 updates.