BUY & SELL Signals for higher timeframes based on Ema & Sma with RSI overbought/oversold dots for possible reversal indication.
It can be used for booking profit in the existing trade and take fresh position once the new candle breaks the high/low of alert candle depending upon the side.
Best work with 1h+ timeframes.
Versionshinweise
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Firstly Thank you for your huge support through Coin donations, Likes & Comments.
• You can now add alerts for Buy/Sale entry & Possible Reversal signal • Color & shape scheme simplified and kept it minimal. • Add input for RSI overbought & oversold values as per your choice
Bro, could you please let me know how to Trade based on this signal. Is it we should buy only if there is a Buy signal with Green line below it & book profit when the red dots appear above the candles ?
Thankyou so much for this signal indicator
nicks1008
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@imransait1, Confirm the entry only after High of the Buy Signal Candle gets broken.
If red dot appear after some candles, then trail the stop-loss at the low of that candle.
rezarq
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@nicks1008, broken high for entry mean have close above that or a shadow in enough?
Nileshkarpe
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how to apply this indicator?
nicks1008
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@Nileshkarpe, click on "Add to Favorite Script's" Star icon above. & then open any chart. Under "Indicators" list, you will find it under "Favorite" section.