u/Hatem-Salah

Hi, guys.
A couple of days ago, I shared a post here with that indicator:
https://www.tradingview.com/script/hLz07zSx-Bit-Flip-SAR/

Now, I'm trying to make a strategy out of it. The indicator already re-calculates every tick. The strategy is intended to do the same. What I'm still trying to figure out is the Entry point. The strategy is to Enter Long when I see "Buy", and once I see "Sell", I close the Long Trade, and get into the Short Trade, and so on.

There are two different methods of doing this (The Exact Entry Point):

- Wait for the candle with the signal to close (Proved a bad idea and PnL was really bad).
- Enter once I see the signal (for the first time), as the signal can appear and disappear again in the same candle, but that may be a fake signal.

I'm still confused whether this is the right thing or I do need to integrate this with something else.

Thank you in advance 😊

https://preview.redd.it/u9f0g8xv03zg1.png?width=1001&format=png&auto=webp&s=f42b7fba4a709a4caad5327972a8d43fc1f186cf

reddit.com
u/Hatem-Salah — 11 days ago
▲ 2 r/pinescript+2 crossposts

Hello everyone! I've been studying pine scripts for a few days now. I saw here that many people are struggling with the strategy they should work with. So, I made an indicator and backtested it. you can back-test it with your eyes. It should give signals to Buy or Sell depending on micro-support and resistance and crossover/crossunder. Here's a link to the indicator : (A comment on the indicator or a review on TradingView will make me happy 😊)
https://www.tradingview.com/script/hLz07zSx-Bit-Flip-SAR/

P.S.: Do not just use it before testing it on a demo account for a few days to make sure it fits your mindset and the charts you are working on.

u/Hatem-Salah — 12 days ago

Hello everyone! I've been studying pine scripts for a few days now. I saw here that many people are struggling with the strategy they should work with. So, I made an indicator and backtested it. you can back-test it with your eyes. It should give signals to Buy or Sell depending on micro-support and resistance and crossover/crossunder. Here's a link to the indicator : (A comment on the indicator or a review on TradingView will make me happy 😊)
https://www.tradingview.com/script/hLz07zSx-Bit-Flip-SAR/

P.S.: Do not just use it before testing it on a demo account for a few days to make sure it fits your mindset and the charts you are working on.

u/Hatem-Salah — 13 days ago