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Smart Forex Buy Sell Signal by Lukas
Aktualisiert
Hi again!
So, this is BUY and SELL signal base on Price action, RSI, and Correlation between Forex Major Pairs.
It's only work for Forex Major Pairs because I only took their data.
Included alert : Spec, Buy, Strong
Recommended to wait for double signal :
Spec Buy > Buy or Spec Sell > Sell
Buy > Strong Buy or Sell > Strong Sell
So execute after the second signal triggered.
It's indicate the trend.
Looking forward for your feedback to improve the script.
Thank you.
It's better combine it with Moving average indicator to indicate direction, I use Moving Average Adaptive Q from cheatcountry to help me make decision.
So, this is BUY and SELL signal base on Price action, RSI, and Correlation between Forex Major Pairs.
It's only work for Forex Major Pairs because I only took their data.
Included alert : Spec, Buy, Strong
Recommended to wait for double signal :
Spec Buy > Buy or Spec Sell > Sell
Buy > Strong Buy or Sell > Strong Sell
So execute after the second signal triggered.
It's indicate the trend.
Looking forward for your feedback to improve the script.
Thank you.
It's better combine it with Moving average indicator to indicate direction, I use Moving Average Adaptive Q from cheatcountry to help me make decision.
Versionshinweise
Update signal condition, I suggest you to use Currency Strength Indicator to pick trending pairs and stay away from ranging pairs.Versionshinweise
Update :- Add noise filter setting, so now you can set signal sensitivity, i found 7 is good.
- Signal improvement
- Remove TP instead change it with green and red circle to indicate possible trend change
- Don't forget to set your timeframe on setting, below 1H you can play around with your timeframe x2, above 1H i think just set same as your timeframe
Any Feedback are welcome.
little red or green dot indicate trend change/ you can consider it to close your position, or just use Moving Average script to decide.
Versionshinweise
Minor FixVersionshinweise
Update : Put alert for Bar Colour ChangingGeschütztes Skript
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