xPineScript/xStrategies/XST_RF15M/Docs/XST_RF15M.md

Range Filter Scalping (XST_RF15M)

Setup

• TF: 15m
• Asset: TSLA
• R2R: 1:1.5
• Indicators:
  • Range Filter Buy and Sell 5min (gulkroth):
    • Hide Bar Colors;
    • Change Sampling Period to 41
• Oscillators:
  • Stockastic Histogram (nboone):
    • Change Plot 0 to Area;

Using the Strategy

Long/Buy Conditions

• RF gives BUY Signal;
• Price is Above RF Line;
• Stochastic is Green;
• Market forms a Bullish Candle;

Long SL

place sl at below of RF low line;

Long TP

calculate based on R2R;

Short/Sell Conditions

• RF gives SELL Signal;
• Price is below RF Line;
• Stochastic is Red;
• Market forms a Bearish Candle;

Short SL

place sl at high of RF Target Range.

Short TP

calculate based on R2R;

Signals Overlap

how to handle signals overlaps.