You can use it to visualize the EMAGAIN buy strategy. Here is how it works:
Set the candle size by setting your TV candle time accordingly
Set the candles used for Slow and Fast Lines in the settings of this Indicator
Also set the buy value you would like to use on your bot to visualize the buy zones. You can set it either positive or negative.
The indicator will then show the Fast , Slow as well as the the areas where the actual price exceeds the buy value you have set and would generate a buy signal for Profit Trailer. Please keep in mind that Profit Trailer may still use trailing buy and trailing profit to optimize your buy/sell situation, this can obviously not be shown through this indicator.
Note: This is a first public release, future modifications may follow and are then shown on this site as updates. Always read this page to the end.
→ For Feedback and Updates as well as Help on how to work with this indicator, please visit this Website:
Note: Buying currently happens when the actual price is below the offset line of the lower EMA line, no matter if the buy value is positive or not.
- new indicator behaviour
- adds buy_value_limit
- input name changes for more clarity
I've a Question... in the picture of EMAGAIN you put "-0.55, -2" which means your buy_value_limit is -2 ... but there are a lot of candles in the screenshot which are below -2 and it is still showing green... do you understand what I'm talking about? ^^