the pre advisor will turn red/green depending on what side the candles close on. this will pre-empt you to get into a long/short position depending on direction.
once the macd wave flicks direction (aqua = UP, pink = DOWN) then you have your trend and can adjust stop loss accordingly using fibonnaci and elliott wave to help gauge).
naturally once direction changes you have your entry/exit. as you can see signals are produced more in advance then tradingroomapp 100/7 strategy indicators.
Example of advanced notice from pre advisor. We would need to close the day above 0012 for confirmation
dheerajsood
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Hi Cooper! Brilliant Work There! How to gain access to this? and Also Other works by you..
Do you teach coding these indicators or are looking for a subscription based model for your traders on a per month basis?
Keep up the good work btw!
Thanks and Regards
Raj
cooper_5e
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@dheerajsood, all free matey, just click 'add to favourite scripts' and they are there to use as you please. my other stuff is here (free aswel) tradingview.com/u/cooper_5e/
dheerajsood
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@cooper_5e, Thanks so much for your help. Can you guide me as to which Chris moody script was used to build the trend indicator here?
I am building something for which i need a trigger to show an alert ( new to pine script so apologies there )
All i know is that its a 7/100 ema crossover but how exactly to get my chart to work with a locked script i am unable to do.
Thanks and Regards
Raj