Cash Peaky Blinders (STRATEGY)
The rules are as follows
- 5min chart, extended hours off
- Wait for the 9/30ema crossover
- Enter on the first pullback to the 30ema (variations - wait for candle close for the 30ema to hold, or enter on touch of the 30ema)
- Stop Loss is candle close over the 30ema (variations - for more room you can stop at the 34ema)
- Take Profits along the way based on key levels, other ema's, happy with gains, etc.
This indicator follows the above rules, as well as the following
- Does not enter a position after 3pm EST since it is close to the end of the day
- Will wait out the first 15 minutes of market open
- Other checks to try to remove fake outs.
Never use any indicator in isolation. It is important to be aware of key levels of support and resistance and to take profits and manage risk as you approach those areas.
The peaky blinders strategy will often be used to scalp the bounce off the 30ema Retest.
1. Must only be one EMA crossover in the day. (Multiple crossovers invalidate the setup)
2. Going short requires being below ORB range. Going long requires being above ORB range (confluence signal)
3. Targets LOD/HOD
Added a version number to the settings.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact getthatcashmoney directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact getthatcashmoney directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.