Advanced Tradingview Strategy Development
Budget: ₹1,500 – ₹12,500 INR
Strategy details
Indicator – Range filter (DW) DonovanWall and Average True Range (RMA)
Keep above indicator inputs changeable in strategy
Buy Condition
First check this condition “Current candle Range Filter (RF) value – Previous Candle RF value should be greater than ATR value * (give option Changeable Percentage) and Previous Candle RF value – Previous previous candle RF value should be greater than Previous candle ATR * (give option Changeable Percentage)” and Current candle RF – current Candle High should be less than Current candle ATR * Percentage give option
If above condition met then check condition for entry
Entry condition
First current RF equals previous RF
Second Candle low should be less than RF Or Candle Low – RF (if candle low greater than RF) should be less than ATR*(give option Changeable percentage) and
‘Entry Candle’ should be like this (candle high-candle close) greater than (candle close-candle low)*2 if this not match entry should be after break of high of candle.
After entry SL should be ‘Entry Candle’ ATR give option in multiplication.
Target Entry Candle’ ATR give option in multiplication.
Sell Condition Vice versa.
Indicator – Range filter (DW) DonovanWall and Average True Range (RMA)
Keep above indicator inputs changeable in strategy
Buy Condition
First check this condition “Current candle Range Filter (RF) value – Previous Candle RF value should be greater than ATR value * (give option Changeable Percentage) and Previous Candle RF value – Previous previous candle RF value should be greater than Previous candle ATR * (give option Changeable Percentage)” and Current candle RF – current Candle High should be less than Current candle ATR * Percentage give option
If above condition met then check condition for entry
Entry condition
First current RF equals previous RF
Second Candle low should be less than RF Or Candle Low – RF (if candle low greater than RF) should be less than ATR*(give option Changeable percentage) and
‘Entry Candle’ should be like this (candle high-candle close) greater than (candle close-candle low)*2 if this not match entry should be after break of high of candle.
After entry SL should be ‘Entry Candle’ ATR give option in multiplication.
Target Entry Candle’ ATR give option in multiplication.
Sell Condition Vice versa.