Itakepips

The 11 moving averages with bar color

It is made by 11 moving averages and an indicator that color the candles when there is a strong trend.

The moving averages change color becoming green or red if there is a bullish trend in green or a bearish trend in red.

There are few ways to use this indicator.These two is what I found easier, please back test it and share your thoughts.

1. When the cloud is red and the candle is outside the cloud and the candle become red it s a sell entry.
When the cloud is green and the candle is outside the cloud and become green it s a buy entry.

2.The moving averages can be used as dynamic support and resistance .In a red cloud if a candle stop exactly where there is a moving averages and the next candle is a bearish engulfing candle it s a sell entry.
In a green cloud if a candle stop exactly where there is a moving averages and the next candle is a bullish engulfing candle it s a buy entry.

The exit is when the bar is not colored anymore or if the bar close below/above the second moving average from the top/from the bottom

Please look as well the blue moving averages that could work as dynamic support/resistance
VERY IMPORTANT WHEN YOU TRY A NEW STRATEGY TEST IT IN A DEMO ACCOUNT FOR AT LEAST 3 MONTHS

Every donations will be devolved to cancer research and you ll have one month free trial.

If you want to purchase this indicator 30% will be devolved to cancer research.

Please leave a comment or message me if you want you have two weeks trial.


Enjoy!
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Itakepips for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.

Want to use this script on a chart?

Warning: please read before requesting access.

To have access for our 2 week Trial of our indicator please contact us at support@itakepips.com
As well you can have access in our website https://itakepips.com/
https://www.youtube.com/channel/UCupP8hWmM9dIZAXtc_ZVCOg

Kommentare

hello
I would like to try this good looking indicator...
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Itakepips FreeMarcopolo
@FreeMarcopolo, Hi!Of course you can have access check your message!
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Hi can I have access please? tnx
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Itakepips Terrrorblade69
@Terrrorblade69, did you get my message I didnt get any reply
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Can i access it now .
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Itakepips oualidelaaboudi
@oualidelaaboudi, yes of course, check your messages
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Can i access it now .
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Itakepips Joshi29
@Joshi29, yes of course check your message
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can i access it ?
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