PROTECTED SOURCE SCRIPT
minimum risk V.1
Was playing around and I've had this idea: most of day traders looking for catching price swings and sometimes they forgot about risk, so I was keeping focus not on price swings but on risk-momentum: the idea was to catch daily moments when the risk was minimum and this is the result.
There are some rules to use it correctly
1. Use it on lower timeframe (1M to 30M) best --> 1M to 5M
2. Do not open position on every signal !! keep focusing on the price
3. works better on Forex
upin and doin input: you can change it and you will see more signals but keep this inputs low as it is a filter I'm using for signals
I will update the indicator if I found new ideas
Enjoy!!
There are some rules to use it correctly
1. Use it on lower timeframe (1M to 30M) best --> 1M to 5M
2. Do not open position on every signal !! keep focusing on the price
3. works better on Forex
upin and doin input: you can change it and you will see more signals but keep this inputs low as it is a filter I'm using for signals
I will update the indicator if I found new ideas
Enjoy!!
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