High/Low Channel Multi averages Crypto Swing strategy

This is a swing strategy designed for trending markets such as crypto and stock, with big timeframes , like 8h.

For this strategy we take SMA , EMA , VWMA , ALMA , SMMA , LSMA and VWMA and make an apply them all to both HIGH and LOW separately and make 2 averages, 1 applied to high and the other applied to low.
With them we make a channel.

Rules for entry
For long: close of a candle is above avg applied to high.
For short: close of a candle is below avg applied to low.

Rules for exit
We exit when we either hit TP or SL or when we receive a different condition than the entry one.(long- > short and viceversa)

If you have any questions, let me know !

Skrypt open-source

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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