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 😊