Falcon Liquidity Grab Strategy by sadboyX
By sadboyX
Performance Metrics
- Author: sadboyX
- Symbol: BLACKBULL:US30
- Timeframe: 1 hour
Description
Jan 16How to Use This Script for Commodities and IndicesBest Timeframes: Start with 15-minute charts but test on higher timeframes like 1 hour for indices.Risk Settings: Adjust the stop_loss_points and take_profit_multiplier to match the volatility of the chosen instrument.Jan 20Release NotesExplanation of AdditionsTake-Profit Levels (Green Dotted Lines):A green dotted line is drawn at the take-profit level for both long and short trades.These lines adjust dynamically based on the calculated take-profit level.Stop-Loss Levels (Red Dotted Lines):A red dotted line is drawn at the stop-loss level for both long and short trades.These lines adjust dynamically based on the calculated stop-loss level.Entry Level Block:A solid blue line is drawn at the entry price to visually highlight where the trade begins.Session Background Colors:Session backgrounds remain the same to help contextualize the trades.