POWER OF STOCK'S 5 EMA BUY / SELL

Indicator is based mainly on two conditions :

1. Previous candle should not touch 5 EMA.
2. Current candle should close “ABOVE/BELOW” 5 EMA.

Features -
* Buy candle is represented by Aqua Color
* Sell candle is represented by Fuchsia Color
* You can set Risk: Reward ratio. ( Default = 1:2)
* It also shows label for Entry, Stop Loss & Target.
* Suggested timeframe 15 Minutes for intraday.
* Use closing basis Stop loss.

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Added option to check previous signals, which will help to back test.
Untick "Delete Previous Buy/Sell Signals" from settings to see all previous signals.

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Code added for alert candle trade.

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Bar color & Label color are editable now. ( Both will have same color)

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Buy Sell signal only generated when alert candle high/low breaks.

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Small change.

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Buy Sell mark below/above candle.
Bar color only for high/low breaching candle.

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Color Bug Fix.

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What's new ---
Now we will have 3 options to trade with this script.
1) 5EMA + BB Strategy
2) 5 EMA Buy/Sell(Trade With 5 EMA Reversal Confirmation)
3) Alert Candle Buy/Sell (Trade Without Reversal Confirmation)

Updates --
A) 5EMA + BB Strategy
- When we combine "5EMA + BB", It will eliminate many false signals. Which will improve our accuracy while trading.
- In BB value of standard deviation is set to 1.5
B) Option provided to unable/disable bar color for entry candle.

Notas de prensa:

Small Bug Fix.

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Calculation error updated.

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New -
1. Added extra condition for trading with POS alert candle. While generating signals it will now consider RSI value also. It is made available separately(4'th option). You can also change respective RSI values as per your requirement.
2. Table is added which will shown RSI value.