Rule Number 1 Signals
This script takes the Rule #1 3 tools and plots them on the graph, to provide an additional level of indication for when to sell and when to buy.
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Close instead of buy
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Minor cosmetic changes
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exit on 2 signals as per rule number 1
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More aggressive closing tactic to take profits if things don't go well
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Added comments and made the entry criteria based off of three period entry for each of the three tools.
Included an experimental stop loss strategy - though will port this over to another future script with comprehensive support resistance.
Included an experimental stop loss strategy - though will port this over to another future script with comprehensive support resistance.
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Cleanup
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Switch back to simple moving average as per the book, and implement a look back mechanism for sell signal (to be in line with the buy signal)
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Simplify script - resulting in higher win rates
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Simplify script
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Cleanup + refine the strategy to wait for 2 signals and then enter on the third as per the book.
Allowing for more signals per timeframe
Allowing for more signals per timeframe
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Update to Pine script version 4