This Oscillator helps to identify the ending of waves, good to get entries and exits. Now, with a tolerance line.
This is my take on the metatrader indicator, the mirror macd. Works pretty good on Forex, haven't tested on anything else Enter long after the Blue Line Cross Up the Red Line and EXIT after the Green line Cross Up the Red Line (above the Blue Line). For the opposite position : ENTER SELL after the Red Line Cross Down.
special thanks to redxbt for the script code modified for 55,99 EMA's dip and tip points green and lime are dips for buying red and orange are tops for selling works best on 5,10 min scalping charts
Uses a set of Bollinger Bands (user defined deviation, user defined deviation * 2) to determine possible entry set ups. Signals are triggered when price crosses the first band (closest to the baseline MA) in the desired direction. baseline can be your take profit 1 target The inside band determines entry and can be used as a take profit 2 target (Opposite side...
Modification to Elder's Force Index (EFI) Ability to change calculation from standard EMA to your choice of SMA, EMA, WMA, or HMA. Very interesting results! Adjust lookback from standard/suggested 13 candlesticks Added a color indication to positive or negative force reading Added background color tint for an easier read on dashboard setups Suggested...
This indicator creates an trend channel based on an EMA/SMA combo and a Parabolc SAR indicator. Watch for the peaks and the size of the red/green channel for possible trend change. Can also be used as an Entry/Exit/Stop-Loss setting tool.
Hi Everyone, Do you guys know how can I add an exit strategy to this hilo. I would like it to exit either with hilo invertion (already does) or with profit/loss (it doesn't work) Thank you