Coverage-Aware Scalper
Coverage-Aware Scalper is a strategy that trades EURUSD on 10-tick range bars. It holds at most 1 open trade.
renko, heikin ashi, x-ray
strategy "Coverage-Aware Scalper"market: EURUSDbars: range(10)max_open: 1coverage = data.coverage(EURUSD, bars: range(10))enough_history = coverage.exact and coverage.bars >= 5000when enough_history and crosses_above(close, ema(close, 34)):buy risk: 0.5%, stop: 8 pips, target: 1.5Rwhen enough_history and crosses_below(close, ema(close, 34)):sell risk: 0.5%, stop: 8 pips, target: 1.5Ron start:log "Data from {coverage.from} to {coverage.to}, {coverage.bars} bars from {coverage.source}"Coverage-Aware Scalper is a strategy that trades EURUSD on 10-tick range bars. It holds at most 1 open trade.
It calculates coverage as the data.coverage (symbol EURUSD, bars the range (size 10)) and enough_history as whether coverage.exact and coverage.bars is at or above 5000.
When enough_history and the close crosses above the 34-bar EMA of the close, it buys at market, risking 0.5% of the balance, with a stop 8 pips from the entry and with a target 1.5R from the entry.
When enough_history and the close crosses below the 34-bar EMA of the close, it sells at market, risking 0.5% of the balance, with a stop 8 pips from the entry and with a target 1.5R from the entry.
When the script starts, it logs "Data from {coverage.from} to {coverage.to}, {coverage.bars} bars from {coverage.source}".