OPEN-SOURCE SCRIPT
Don The Scalper
When I started trading I wanted to find the closest risk-free long or short, so I created this script to help me
1)Identify a strong trend =bullish state
2) Identify the dip
3) Long with confirmation of buyers (Commutative delta)
The white circle is the ideal entry because the bands are facing up, In my trading, Red signal I don't take as bands are flat. So I hide the signals because in the middle of chop they overshoot as with most systems.
[url= tradingview.com/x/lTplsFDm/]
The bands are not mine or the RSI (RSI TRENDS) link below combining the two-plus cumulative delta gives me the full picture
tradingview.com/u/fareidzulkifli/
The bands help me identify where to take profit after catching a high probability position again not mine but come in useful when adding them together. Good luck guys!
https://www.tradingview.com/x/OPP0UuMx/
1)Identify a strong trend =bullish state
2) Identify the dip
3) Long with confirmation of buyers (Commutative delta)
The white circle is the ideal entry because the bands are facing up, In my trading, Red signal I don't take as bands are flat. So I hide the signals because in the middle of chop they overshoot as with most systems.
[url= tradingview.com/x/lTplsFDm/]
The bands are not mine or the RSI (RSI TRENDS) link below combining the two-plus cumulative delta gives me the full picture
tradingview.com/u/fareidzulkifli/
The bands help me identify where to take profit after catching a high probability position again not mine but come in useful when adding them together. Good luck guys!
https://www.tradingview.com/x/OPP0UuMx/
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.