This script produces a compiled version of rule based signals that is meant to be used mainly on 5 Min timeframe based on daily(as default) Highs and Lows on average and the main purpose is to give user settings to change and adapt based on their needs and make it as adjustable as possible. This entry strategy idea does not belong to me but for TV's in-house rule...
Simple indicator that is based on the average line of the bollinger bands and the exponential average of 200 periods. The customizable variable is bollinger bands length, currently the default is 35, you can tweak it to your liking and see how trend identification changes. My recommendation is to work in 5-minute time frames in values such as SOL, FTM or MASK...
Best indicator for scalping on 5 min Timeframe Rules of trading For Long Entry When a candle break the line upside and you see (three white soldiers) enter for a long trade. Stoploss should be at lower of at line breaking candle and take profit should be 1.5 (three white soldier's first candle should break the line) For Short entry When a candle break the...
Fractal Potential Entry combine 3 ema and fractal and follow the strategy from Trade Pro on YouTube: www.youtube.com with good performance on the 1 minute chart Feature: Alert Sell and buy Potential Entry Happy Trading
This indicator I thought after a while of research and decided to code for people that wants to scalp on low time frames. It's recommended to use it in 1 to 5 min timeframes. It uses ATR, Past high and lows and stochastic overbought and oversold zones along with some consolidation code to avoid fast swings. I also added Take Profit and Stop Loss signals based on...
Shows historical 15min candles for the 1m, 3m , and 5m time frames. Counts down the time until the current 5m, 15m, and 1H candles close. Recommended use on the 1m, 3m , and 5m TimeFrames!!! Legend: Vertical Lines (Left to Right) -15m Candle wick (solid line) * -Close of current 5m candle (red dotted) -Close of current 15m candle (blue dashed) - Close of current...
This idea stems from the belief that people want to reverse the trend when an all time high or low is hit. This strategy incorporates that by using ath and atl values based on the lookback period and the signal gets smoothed by the input smoothing type and length. I found that the best time to use this was on the 3m chart. But I am certain that higher time frames...
By request, this is an amalgamation of my most popular indicator features but tailored for lower timeframes. Signals are generated by simple EMA crosses (with adjustable values) in the direction of the current trend and then validated against a scoring system that's comprised of 20 other indicators. When the majority of them agree then the trade can be taken. The...