OPEN-SOURCE SCRIPT

Binomial Strategy

This script uses the Binomial distribution to enter trades. It calculates the cumulative distribution function for the last 20 bars, applies 2 EMAs to the CDF, and then goes long when the fast one crosses the slow one.

Open-source script

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 publication is governed by House rules. You can favorite it to use it on a chart.

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