Pivot Points Standard Asian Range

This script is a trend following template for intraday trading. When the moving averages cross, you get your signal to look for buy/ sell trades only. wait for price to pullback before entering for continuation trades. Can be used for counter trend trading strategy as well. Best used with heiken-ashi candles.

Notas de prensa:

This update has the Doji indicator as well as all the MA's being updated to EMA's, including a third one to signal a scalp entry on the M5 timeframe.

The entry parameters are when the 50 and 200 cross green over red that is an uptrend, scalps should be for buys only. When the 50 and 200 cross red over green that is a downtrend, scalps should be for sells only.

Notas de prensa:

I removed the standard pivot points which were not customizable, I made the moving averages a step moving average. The buy and sell signals are less frequent. so they are more accurate

Notas de prensa:

removed background color of sessions. there was a glitch in the previous version.

Notas de prensa:

Removed the bias overlay for fractals. Script is now Asian Range breakout template with 5, 50 and 200 EMA cross for confluence.

The strategy can be found on Stacey Burke Trading youtube channel.

Notas de prensa:

Updated image snapshot and title of the script, so it can be easily seen what the purpose of the indicator is!!!!

Notas de prensa:

updated the setting for the pivots. best settings are 3,5, or 7 days, 2 weeks, 2 months, 2 years. the higher the number the more time included up to a limit for each time period.