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Momentum Strength Buy Sell Pivot Study

7 580
Uses a combination of different pivot calculations to determine when an equity has peaked or bottomed out and provides visual Buy and Sell indicators as well as the capability to set alerts for buy and sell actions.

TheGeeBee - Credit where used
Notes:

// Use 1,2,3,5 minute time frames
// EMA Cross line and offset allows user to alter the sell characteristics where the candle low is above the EMA line and indicates a possible pre-pivot reversal
// Adjust Min and Max pivots based on risk profile
// Use Bars, Candles or Heikin-Ashi
// Multiple Green Bars = BTFD
// Multiple Red bars = If you didn't already get out, do it now!
Versionshinweise
Uses a combination of algorithms to determine when a security has peaked or bottomed within any given time frame. Provides the capability to issue alerts on a security to indicate when a buy or sell trigger is hit.

TheGeeBee
Notes:
// Use 1,2,3,5 minute timeframes
// EMA Cross line and offset allows user to alter the sell characteristics where the candle low is above the EMA line and indicates a possible pre-pivot reversal
// Adjust Min and Max pivots based on risk profile
// Use Bars, Candles or Heikin-Ashi
// Multiple Green Bars = BTFD
// Multiple Red bars = If you didn't already get out, do it now!
Versionshinweise
Adjusted Default Pivot Values to be less restrictive.
Versionshinweise
Fixed After Hours Pivot overshoot trade signals
Versionshinweise
Fixed Pre-Signal trend analysis which was stopping legitimate buy and sell triggers when the security is within a local trend (will upgrade the algorithm to better detect local trend signal inhibitors).
Versionshinweise
Improper After Hours Trade Signal Fixed (again).

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