OPEN-SOURCE SCRIPT
Millebot
Hello Traders,
Here you find a simplified version of the Millebot strategy.
This strategy can be used as a complete system with integrated risk management. The strategy also uses a fixed stoploss and take-profit, in contrast to the full version of the Millebot, which applies a variabele SL, TP an trailing TP derived from the assets volatility.
The Millebot is a trend-following system which detects the direction of the trend through "the Baseline". The entry-point is derived by using the Hull Moving Average.
If the HMA switches direction, the trade also will be closed.
An extra confirmation indicator can be activated to verify that the trend-detection is correct.
If you have found this trading system informative or useful, please leave a comment.
This strategy works very well on leveraged trading due to the low drawdown.
Greetings Michael
Here you find a simplified version of the Millebot strategy.
This strategy can be used as a complete system with integrated risk management. The strategy also uses a fixed stoploss and take-profit, in contrast to the full version of the Millebot, which applies a variabele SL, TP an trailing TP derived from the assets volatility.
The Millebot is a trend-following system which detects the direction of the trend through "the Baseline". The entry-point is derived by using the Hull Moving Average.
If the HMA switches direction, the trade also will be closed.
An extra confirmation indicator can be activated to verify that the trend-detection is correct.
If you have found this trading system informative or useful, please leave a comment.
This strategy works very well on leveraged trading due to the low drawdown.
Greetings Michael
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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