This is my chart settings that will be used to determine my entry points. I will be using 4 EMAs. the values are 10 EMA (high) , 10 EMA ( Low), 50 EMA (High) and 50 EMA (Low).
I have included one CCI value 13 with typical price settings ( HLC).
The moving averages will help me to determine trends and the CCI will improve the probability of my long/short trades.
Alright that's it for now and if I do see any good trades next week I will post it.
Add any custom indicator, go to source code, make a copy, rename and paste my code and save as 10 period h/l or whatever name you want.
Cheers,
Ivan.
Spearmanfx
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thank u so much for your code. i have added it and will use it on my next trade idea
IvanLabrie
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Hi, I posted a new version with more tools, since I use Bollinger Bands, and monitor the bands' width, and also applied an idea by Tim West, of using a 4 period MA of the close to trail trades too.
Might be a good tool I think: tradingview.com/script/nZwyuUC8-Moving-averages-and-bands/