This study is usefull for who follows the rules of "Laura's RoadMap" trading strategy. If someone doesn't know what I'm talking about, google it because I cannot post link here.
It could be used for scaliping too.
Basically, the rules are: - Open only in direction of Multitimeframe SMA200 - EMA high/low channel shall be above(buy) or below (Sell) SMA200 - RSI2/RSI9 shall be above(buy) or below (sell) 50 - Look at ADR, last day high/low, daily open for possible supports/resistance.
Next improvement (only to whom is interested to this script and follows me): ADR, last day high/low, daily open to be added to this study. Next improvement (only to whom is interested to this script and follows me): Alerts to be added.
Please use comment section for any feedback.
********************************** IMPORTANT******************************************************************** I have developed an expert advisor for metatrader4 (MT4) with good results in 2019-April 2020 *********************************************************************************************************************
This study is free to use but code is private. If you like or have question please use comment section. Check also my other scripts at tradingview.com/u/03.freeman/ Thanks for your feedbaks.
Informacje o Wersji
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Added:
1- ADR info label 2- ADR high-low lines 3- Previous day high-low lines 4- Daily open line
NOTE: display needs improvements, but actually it displays well on 1 min to 30 min timeframes.
Thank you so much for this. I’ve found it very useful.
However, it seems ADR lines have also disappeared for me over the weekend. Has anyone managed to remedy this?
skyline-trader
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Many thanks! Great work! Can you please allow to edit style of lines and labels (like High, ADR High etc.) and alerts pretty please?
Chameleons
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Thanks Freeman, following Laura from the start, really really good.. Looking forward to the next improvements.. Thanks for your work
mia1999
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Thanks Freeman, great work!
deniz3882
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code please
Stellatrading
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Great Work!
MartinWeb
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what timeframes do you recommend it beside 15?
ankuripe
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what are these labels 1,5,15,60 etc.? thanks in advance
RT24
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Great script... but it seems the ADR lines no longer show (as commented below)
However, it seems ADR lines have also disappeared for me over the weekend. Has anyone managed to remedy this?