PROTECTED SOURCE SCRIPT
Buy On Dip V2
This Setup Show When To Buy On Dip. (not 100% working, just as guidance)
Almost same like V1. but with volume.
The idea is combined from other script (thanks to all scriptwriter) and modified by me.
Main Idea Line and Histogram are derived and modified by:
1. Stochastic RSI ( purple and yellow)
2. Ema/Sma ( Black and orange)
3. Volume
how to interpret same as default Stochastic Rsi.
For Histogram and background:
1. Green mean buy pressure strong then sell pressure
2. Red mean sell pressure strong then buy pressure
3. Buy On Dip entry when the green is just to appear or for safe wait untill green bar above 20% line. (not 100% working, just as guidance)
Can Combined With my previous setup, Buy On Dip previos version and Mix MA.
Tested At Stock Market Bursa Malaysia, maybe can use at FOREX.
Almost same like V1. but with volume.
The idea is combined from other script (thanks to all scriptwriter) and modified by me.
Main Idea Line and Histogram are derived and modified by:
1. Stochastic RSI ( purple and yellow)
2. Ema/Sma ( Black and orange)
3. Volume
how to interpret same as default Stochastic Rsi.
For Histogram and background:
1. Green mean buy pressure strong then sell pressure
2. Red mean sell pressure strong then buy pressure
3. Buy On Dip entry when the green is just to appear or for safe wait untill green bar above 20% line. (not 100% working, just as guidance)
Can Combined With my previous setup, Buy On Dip previos version and Mix MA.
Tested At Stock Market Bursa Malaysia, maybe can use at FOREX.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.