PROTECTED SOURCE SCRIPT

Hourly Trend Trading Strategy - BTCUSD.P

31
=====================================
// COMMENTS AND DOCUMENTATION
// =====================================

// Strategy Logic Summary:
// 1. Trading operates only between 11:00 AM and 5:30 PM IST
// 2. At the start of each hour (11 AM, 12 PM, 1 PM, etc.), the strategy:
// - Evaluates current trend using EMA crossover, RSI, and price action
// - Places long orders if bullish trend is detected and long trades are enabled
// - Places short orders if bearish trend is detected and short trades are enabled
// - Waits for the next hour if market is sideways
// 3. Risk management includes ATR-based stop loss and take profit
// 4. All positions are automatically closed at 5:30 PM IST
// 5. Only one position is held at a time (configurable)

// Key Features:
// - Multi-factor trend analysis for robust signal generation
// - Timezone conversion for accurate IST timing
// - Enable/disable controls for long and short trades
// - Visual indicators for session timing and trend status
// - Comprehensive risk management with ATR-based levels
// - Real-time information display via table
// - Alert system for automated notifications

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.