there are two system to buy and sell in this indicator system 1 is based on long ema and short ema with heiken candle and macd filter (green=buy and red=sell) line bellow the candles) system 2 is based on fib candle and fast rsi and fast adx crossing (blue=buy line and gray=sell line bellow candle) B and S are points of stoch rsi crossing inside there are points of divergence based on ATR and rsi
Versionshinweise
⋅
add color to make it more easy to see + one more buy point that is rsi and candle dependent+ATR system is green and lime good strong points of buy.. blue is a potential one red=sell.. light red you need to think if you want to sell
This indicator gives slightly different signals to the strategy. Occasionally fails to switch direction when the strategy does switch. The strategy switch is the correct signal. Could be a simple error in the indicator code. Would you be able to look into this? Or if you could give me access, I will happily do it.
hamzaawww
⋅
Thank you for sharing this indicator . I have been using it since a week and it helped a lot in understanding market .
To make things easy , I tried to add alerts at different crosses on indicator . But , I see I am not getting alert . Could you please tell does this indicator support Cross alert ? Or am I doing anything wrong .
kkoepke
⋅
Looks great. Any hints, what the alerts are based on? I can´t see a pattern in them.
RafaelZioni
⋅
Ok i try to explain : alert 1 (system based on heiken ashi and EMA ) can be filter by macd
alert 2 (system based on fib candles ( if the candles cross up 30 (which is = to L fib 0.618 and D- above 20) the D- is like a filter (if you increase it it buy less)
alert 3 (system based on RSI (fast one) and candles bellow 10 ( RSI is the filter ) aim of this is to find lowest fib possible
exit 1 is based on heiken and ema
exit 2 based on RSI and candle fib combination above 80
B and S are cross overor cross under of SRSI
inside you see also points of ATR and RSI combination (no alert for it just visual)
the aim of system is to give multy point respect on the coin so to make decision more easy
kkoepke
⋅
Yes i understand and i really like your idea. But see where my alert came up last night for "go long". (i market it with a green star). It should have been on the green at 4:10 if i understand right.
Maybe it´s repainting a bit?
RafaelZioni
⋅
i did not check for repaint for this system the other systems its sure there is no such problem. on the other hand the repaint if exist not such severe , the aim is to find high and low using the combination of the systems and not to relay only on one system as each system has problem . in next version i will try to fix issue of repaint if exist in buy point 1. thanks to show it
kkoepke
⋅
Now after a page reload the green bar is gone completely.
RafaelZioni
⋅
DharmeshUkani
⋅
@RafaelZioni, hi sir can u provide code for this with version 5 conversion