PROTECTED SOURCE SCRIPT
RK CPR Buy/Sell Setup Ver1.0
Version 1.0
CPR based Buy and Sell Indicator
First option is to show the Buy and Sell indicators, in which multiple options given to users to adjust the buy and sell setup.
1. Include Trend direction
2. Include candlestick touching the EMA 20 / EMA 50 / EMA 100 / VWAP trend lines
3. Include Momentum check
4. Include candlestick patterns to decide buy or sell
5. Exclude Wide CPR day for trading
Second option is the identify the different possible reversal indicators and same are as follows
1. Extreme Reversal
2. Outside Reversal
3. Doji Reversal
4. Triple/Double wick Reversal
5. Pulllback Reversal
Note: It is batter to use reversal indicator along with trend and momentum to have better results.
CPR based Buy and Sell Indicator
First option is to show the Buy and Sell indicators, in which multiple options given to users to adjust the buy and sell setup.
1. Include Trend direction
2. Include candlestick touching the EMA 20 / EMA 50 / EMA 100 / VWAP trend lines
3. Include Momentum check
4. Include candlestick patterns to decide buy or sell
5. Exclude Wide CPR day for trading
Second option is the identify the different possible reversal indicators and same are as follows
1. Extreme Reversal
2. Outside Reversal
3. Doji Reversal
4. Triple/Double wick Reversal
5. Pulllback Reversal
Note: It is batter to use reversal indicator along with trend and momentum to have better results.
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.