King Slayer
Develop a scalping trading bot algorithm using Pine Script for a 1-minute or 5-minute timeframe. The core strategy should rely on the Volume Weighted Average Price (VWAP). The bot should open a Long position when the price aggressively crosses above the VWAP accompanied by a trading volume that is 1.5x higher than the average volume. Set a very tight risk-reward ratio: a take-profit target of 0.3% and a strict stop-loss of 0.1%.
BaseLiveAnalyticsMCPIn Your Terminal
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