TradingView
OTM.Investments
Nov 10, 2018 4:59 AM

Trade RIPPLE / XRP easily with 1 indicator 

XRP / DollarBitfinex

Description

Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -7.44% appears you buy, if a green dot -7.44% appears after that green dot -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
Comments
miauwmiauw
Looks interesting, when i apply the indicator i see a red lock and nothing shows. How does that work?
CryptoJulio
what's exactly the name on the library ? I'm not sure I can find this indicator.
kryptoknight2
be aware of anyone claiming that their script works using heiken ashi. there is a problem in TV where the backtesting process uses heiken ashi price which is the not the real price. many strategies appear to be profitable where in real life they are not. ask the author to make it work on regular candles.
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