Aroon Vortex Confirmation

Aroon Vortex Confirmation is a strategy that trades GBPUSD on 30-minute bars. It holds at most 1 open trade.

confirmations

aroon-vortex-confirmation.abx

1strategy "Aroon Vortex Confirmation"
2market: GBPUSD
3bars: 30m
4max_open: 1
5
6confirmations bull:
7aroon_up: aroon(25).up > 70
8vortex_up: vortex(14).plus > vortex(14).minus
9cmf_positive: cmf(20) > 0
10choppiness_low: choppiness(14) < 50
11require: at least 3
12
13when bull.passed and not bull.passed[1]:
14buy risk: 1%, stop: swing_low(5, 5), target: 2R

What this script says

Aroon Vortex Confirmation is a strategy that trades GBPUSD on 30-minute bars. It holds at most 1 open trade.

bull passes when at least 3 of these 4 conditions are true: aroon_up (the up of the Aroon (length 25) is above 70); vortex_up (the plus of the Vortex (length 14) is above the minus of the Vortex (length 14)); cmf_positive (the Chaikin money flow (length 20) is above 0); choppiness_low (the choppiness index (length 14) is below 50).

When bull passes and not the previous bar's bull passes, it buys at market, risking 1% of the balance, with a stop at the last swing low (left 5, right 5) and with a target 2R from the entry.