Hello traders, I would like to introduce you decision point boxes study. The idea is the same as the pivots looking left and right some count of candles that has to be either up or down candle the only difference from pivots is that I'm only looking for consecutive up or down candle and in between them one candle that is oposite stance than surounding also...
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org // © 03.freeman //This is indicator from LazyBear is very accurate for stocks and indexes. //I added some code snippets for spot and draw divergences automatically // // @author LazyBear // // Best use with daily time frame. Enter when a divergence is found (Bull or...
This RSI has a very clear idea about when to buy and sell. It plots buy and sell signals. It is an expert system. Yes, of course, it can make some errors. You should have used stop-loss
For XBT/USD pairs. Based on Decision Point oscillator by LazyBear. I added a Rate of Change component based on code by kiasaki - this stops trading in a sideways market. You can adjust stop loss and take profit values in the settings. INSTRUCTIONS Go Long when the background turns from red to green Go Short when the background turns from green to red Do...