astropark

[astropark - Premium] Long-Short Strategy V3-FOREX [Alarms]

astropark Updated   
This indicator is not holy grail, but it is an amazing trend finder and works nicely between 3m and 1W timeframes on FOREX :)))

With this indicator you can enjoy its trading signal and set the alarms you need!
In fact, if you want to set alerts on both buy, sell, take profit and stop-loss signals you must use this not-strategy indicator version!

This indicator is the non-strategy version of this one:



HOW TO USE THIS INDICATOR

Buy/Long when you see a green "B" label on the chart at best price you can, you have time till next candle's open price , trying to buy as low as possible near the green cloud or below it. Green cloud acts like a moving support for price, so use it for more buys/longs. The bigger the cloud, the stronger the bull-trend and so the support.

Sell/Short when you see a red "S" label on the chart at best price you can, you have time till next candle's open price , trying to sell as high as possible near the red cloud or over it. Red cloud acts like a moving resistance for price, so use it for more sells/shorts. The bigger the cloud, the stronger the bear-trend and so the resistance.

This indicator suggests some TP (Take Profit) for both longs (in green color) and shorts (in red color): you can start (at least partially!) closing the current trade (eventually you start new longs/shorts at cloud touch if you are a bold trader!).

Keep in mind that the lower the timeframe you work on, the easier is the trend to change rapidly, so always set a -2% / -5% stop-loss on trades and follow the trend with a nice trailing stop strategy.
Of course, as said at the beginning, this indicator suggests some TPs (Take Profits) for both longs (in green color) and shorts (in red color) operations: when you see a TP, you can start (at least partially!) taking profits over the current trade and move stop-loss higher (at least at break-even).


This is a premium indicator, so send me a private message in order to get access to this script.


Do you like my free scripts? Offer me a coffee, a beer, a pizza or whatever :)

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PS: Do you need a customization or do you need a dev who implements your strategy? send me a private message ;-)
Release Notes:
New release! Lots of New Features!
Now you will be able to:
  • check in the same chart the lower timeframe's trend cloud or see it on chart background
  • check in the same chart the upper timeframe's trend cloud or see it on chart background
  • edit trend cloud length analysis period!
  • get signals on both lower, current and upper trend clouds
  • get signals if current trend cloud's ones are confirmed by lower one's trend or viceversa
  • get signals if current trend cloud's ones are confirmed by upper one's trend or viceversa
  • get signals if lower trend cloud's ones are confirmed by upper one's trend or viceversa
  • enable the "don't trade against trend" option while more than one trend cloud is enabled for signals (script will skip selling if main trend cloud is green, skip buying if main trend cloud is red)
  • enable option to skip buy signal if it's over the main trend green cloud (you will be notified to close the short of course)
  • enable option to skip sell signal if it's below the main trend red cloud (you will be notified to close the long of course)
  • enable bollinger bands and get signals if price action breaches its bands
  • enable ichimoku cloud on chart (it will not be used for signals)

Please, keep in mind that this is not the Holy Grail and Fundamental Analysis (FA) gets always better results than Technical Analysis (TA), which is better than a blindly bot trading style.

This is a premium indicator, so send me a private message in order to get access to this script.
Also, as usual, send me a direct message for any issue you may find: I'll find a working solution for your needs and I'll fix the script ASAP :)

Do you like my free scripts? Offer me a coffee, a beer, a pizza or whatever :)

BTC jar: 1K5kuYQPEqoNo6GRmJbHWMPmqwKM5S3oRR
ETH jar: 0x091b541a6dd6fe08c4e7bd909baafb2fce9b975e
LTC jar: LSVoAChsZrVsvbNyUfdpxtFpDAUSaUTUig
XRP jar: (XRP deposit tag) 103997763 (XRP deposit address) rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh
Release Notes:
Script enhanced again!
What's new in this version:
  • added alerts on trend clouds divergences (eg. when Current Trend Cloud starts growing up while Higher one keeps going down or viceversa)
  • added alerts when a trend cloud starts getting thinner (weaker) or ticker (stronger) in order to highlight losing momentum or gaining momentum conditions
  • bug fix (some trend clouds got broken on some timeframes, now they works on all timeframes)

Here below you can find the strategy version of this indicator, which will let you backtest its performance:

This is a premium indicator, so send me a private message in order to get access to this script.

I'm a software engineer, passionate for trading & developing trading tools & bots! Feel free to DM me & checkout my work: bit.ly/astroparktrading
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