RORA MAGNITUDE — Indicator by traderssignalofficial

👉 What is this indicator ?

This indicator is made up of super trend and moving average, the logic used in this indicator is to understand the trend with moving average and take buy sell entry with super trend

👉 What kind of buy sell signal is there on this indicator ?

Six types of buy sell signals are displayed on this indicator, each marked as Buy1, Sell1, Buy2 , Sell2, Buy3, Sell3, Buy4 , Sell4, Buy5 , Sell5 , Buy6 and Sell6 respectively. These Six types of indicators are obtained by differentiating the small trends detected by the super trend coming in the same trend in the moving average by percentage.
The percentage to be given for each of these six types of signals can be given in the indicator setting.

👉 How many alarms does this indicator have ?

This indicator has two types of alarm for buy signal and sell signal, and it is best to set the alarm by selecting the Alert Once Bar Close option to avoid repaint.

👉 On which coins can this indicator be used ?

This indicator is best used on all cryptocurrencies, the best suitable TIMEFRAME is 1 Min , and this indicator is set to the ETHUSDT coin by default. Use appropriate values when using other coins. If you have difficulty finding the value, you can contact us.

Default Setup Instructions 👇

Duration: 1 Minute
Default Coin : ETHUSDT

The following settings can be found in this indicator

1. Base Threshold: This value can be adjusted according to the volatility of each coin

👉 Default value : 3

2.Interval: Option used to increase or decrease the distance between Buy Trend and Sell Trend (stop‌ loss should be increased with increasing interval)

👉 Default value : 5

3. First : Percentage to take the first signal from the trend

👉 Default Value : 0

4. Second : Percentage to take the second signal from the trend

👉 Default Value : 1.5

5. Third : Percentage to take the third signal from the trend

👉 Default Value : 0.5

6. Fourth : Percentage to take the fourth signal from the trend

👉 Default Value : 0.5

7. Fifth : Percentage to take the fifth signal from the trend

👉 Default Value : 1

8. Sixth : Percentage to take the sixth signal from the trend

👉 Default Value : 50

9. Initial Time interval : This is the time gap between each signal. It should be given on a minute basis

👉 Default Value: 20

10. False Count : A system used to block signals, if necessary, on a 5-way signal

👉 Default Value : 1

11. Signal count : Option to set the number of signals to be displayed in 5 types of signals

👉 Default Value : 5

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact traderssignalofficial for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Please contact traderssignalofficial@gmail.com or telegram.me/traderssignalofficia... for 7 days trial access. After the trial period, You can use this indicator for a small fee after the trial period

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