xPineScript/xStrategies/XTS_SHULL5M/Docs/XTS_SHULL5M.md

Hull Scalping (XTS_SHULL5M)

Setup

• TF: 5m
• Asset: AAPL
• R2R: 1:1.5
• Indicators:
  • Hull Trend (jaggedsoft):
    • Change Length to 23;
• Oscillators:
  • Hull Butterfly Oscillator (LuxAlgo):
    • Change Bullish Dot to Columns;
    • Change Bearish Dot to Columns;
    • Change Length to 11;

Using the Strategy

Long/Buy Conditions

• OSC gives Bullish Reversal Signal;
• OSC Wait's 1 bar to confirmation;
• HT Ind gives Buy Signal;
• Market forms a Bullish Candle;

Long SL

place sl at prev MArket lowest

Long TP

calculate based on R2R;

Short/Sell Conditions

• OSC gives Bearish Reversal Signal;
• OSC Wait's 1 bar to confirmation;
• HT Ind gives Sell Signal;
• Market forms a Bearish Candle;

Short SL

place sl at prev market highest;

Short TP

calculate based on R2R;

Signals Overlap

how to handle signals overlaps.