robotrading ZZ-8 fractals

2021년 11월 22일

This is another version of my ZZ type strategy. This script now uses Bill Williams' fractals.

Strategy

Step 1: Calculate Bill Williams' Fractals
Step 2. A line is drawn from the fractal
Step 3. Create a stop order to enter the position on the line

Trading

If the price is above the lime line, open a long position (and close a short position).
If the price is below the red line, open a short position (and close a long position).

For

"Cryptocurrency / fiat or stablecoins" (BTC/USD, ETH/USDT, etc)
Timeframe 4 hours or more