It is a simple indicator that provides buy or sell signals based on the intersection of two EMAs and a simple moving average (SMA). once the Relative Strength Index has confirmed it. For greater accuracy, add additional indicators like stochastic RSI, MACD, etc. Use only for intraday trading, Not for Positional Trading
Versionshinweise:
- Minor Bug Fixed
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How You to go with Signals:
Whenever signal appears on chart mark high / low respective the signal i.e. Long for High and Short for Sell. Never hurry to take trade
Whenever signal appears on chart mark high / low respective the signal i.e. Long for High and Short for Sell. Never hurry to take trade
- Some minor changes
Versionshinweise:
Some minor changes please use additional indicator for better accuracy
Versionshinweise:
Customize RSI from Setting Panel
Versionshinweise:
Minor Bug Fixed
Versionshinweise:
Lines Removed
Versionshinweise:
If a long signal appears on the chart, wait for the candle to close above the line marked with the stop loss candle's low. If a sell signal appears, do the opposite.
Versionshinweise:
Simple SR cloud help you to understand the market trend , it is just Smoothen Moving average Helps you too identify right trend
Versionshinweise:
Settings changed
Versionshinweise:
Stoploss / Trailing Stoploss added
SR cloud replaced with simple moving average period of 50
SR cloud replaced with simple moving average period of 50
Versionshinweise:
New Buy Sell Signals with the help of Relative strength index.
Strategy :
When the RSI is above 60 in day TF then the indicator generates a long signal in 15 min, the entry will be the bar high and sl will be the bar low, minimum target will be 1:2 Risk to reward ratio, vice versa for the short side.
Please back test before entering into the trade.
Hope you like this , if any query please write down i will try my best to resolve it.
Strategy :
When the RSI is above 60 in day TF then the indicator generates a long signal in 15 min, the entry will be the bar high and sl will be the bar low, minimum target will be 1:2 Risk to reward ratio, vice versa for the short side.
Please back test before entering into the trade.
Hope you like this , if any query please write down i will try my best to resolve it.
Versionshinweise:
Minor Bug Fixed**
Versionshinweise:
Minor Changes in RSI Signals
Versionshinweise:
Minor bug fixed with StopLoss line
Versionshinweise:
Minor changes
Versionshinweise:
Minor bug fixed
Versionshinweise:
Customized Moving average period from setting
Use Indicator in 15 Min timeframe for Intraday for better Profits
Use Indicator in 15 Min timeframe for Intraday for better Profits