Vilarso Bot

This script is a trading strategy that is based on mathematical calculations of the average price on a chart for a certain period of time (EMA).

It is recommended to use an indicator (script Vilarso Bot) using a chart with a time frame of 1 hour. On other timeframes, the trading strategy will be less effective.

The indicator (script Vilarso Bot) is well suited for intraday trading strategy. Inside the day, on the 1 hour timeframe, the indicator determines high and low price values. You must also take into account the direction of the trend, since in the lateral movement the flat indicator can (locally) mislead you.

It is recommended to use with additional technical analysis tools, which are also built into the functionality.

Before applying this indicator, be sure to study its behavior on the history of the chart!