This is a special script that has been tested longest compared to previous script. Another indicator is added from the previous script which is the Fibonacci retracement level. Stop Loss also available based on previous low candles lookback. StopLoss is very important to protect your capital. Strategy description: It places BUY order when price crosses up Fibonacci retracement line and when price above long EMA line and RSI is above Buy Threshold. It closes order when the RSI reached Sell Threshold, OR when the price hit StopLoss on previous low lookback. Recommended setting: Pair: ARKUSDT (Binance) Time frame: 5min Min capital in wallet: 50 USDT // @version= 5 strategy ( ARK(Binance)TF5[www.capayam.com]" , overlay = true , initial_capital = 25 , default_qty_type = strategy.percent_of_equity , default_qty_value = 100 , commission_type = strategy.commission.percent , commission_value = 0.1 ) // The default setting is for ARKUSDT (Binance TF5min). // Adjustable Inputs ema
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