How to PYRAMID TRADES in Pine Script
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LESSON SOURCE CODE: https://courses.theartoftrading.com/pages/how-to-pyramid-trades-in-pine-script
Want to learn Pine Script? Look no further. I have you covered!
This lesson expands on the Bitcoin Regime Filter Strategy by demonstrating how to enable pyramiding. For those who don’t know, “pyramiding” is the practice of opening multiple positions in the same direction as your original trade and is typically used to increase your average position size as a trade moves in your favor.
With over 16 years of coding experience and 5+ years of profitable trading experience, I specialize in TradingView’s Pine Script programming language and I’m here to pass on everything I’ve learned about both trading and coding.
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â–¼Timestampsâ–¼
00:00 – Intro & Overview
03:00 – How to Enable Pyramiding
04:10 – Trailing Stop Code
05:45 – Adding Pyramid Code
10:53 – Configuring Strategy Settings
14:50 – Separating Pyramid Exit Reasons
16:19 – Summary & Final Thoughts
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