The MA Rebound Indicator is a single algorithm that is designed for the 30m charts of Forex, Crypto, Stocks and Indicies.
How to use;
Alerts trigger when the price has rebounded off the Moving Average and several underlying indicators confirm. You also need a higher timeframe correlation to ensure the trend is continuing.
There are a number of rules baked into the code to try and eliminate as many fake signals as possible.
This algorithm is a combination of several indicators but has trend continuation at its heart.
When to trade
The grey shaded area shows the best times to trade.
Wait for the bar to close and place a pending order with a 3 pip gap from the high or low of the candle.
MA Rebound in action
How to Access
Gain access to MA Rebound for your TradingView account through our website, links below.
7 day paid trials, subscriptions and lifetime access are all available.
All tiers give you full instructions on how to trade this strategy.
How to use;
Alerts trigger when the price has rebounded off the Moving Average and several underlying indicators confirm. You also need a higher timeframe correlation to ensure the trend is continuing.
There are a number of rules baked into the code to try and eliminate as many fake signals as possible.
This algorithm is a combination of several indicators but has trend continuation at its heart.
When to trade
The grey shaded area shows the best times to trade.
Wait for the bar to close and place a pending order with a 3 pip gap from the high or low of the candle.
MA Rebound in action
How to Access
Gain access to MA Rebound for your TradingView account through our website, links below.
7 day paid trials, subscriptions and lifetime access are all available.
All tiers give you full instructions on how to trade this strategy.
Versionshinweise:
Major code overhaul for 2021
+ Improved Menu
+ Pip gap
+ Doji and Rate of Change bar filter
+ Stop Loss and Target plots
+ Filtered alerts by trading session
+ Bridge Integration
+ Improved Menu
+ Pip gap
+ Doji and Rate of Change bar filter
+ Stop Loss and Target plots
+ Filtered alerts by trading session
+ Bridge Integration
Versionshinweise:
+ Code tidy
+ Better stop value visual
+ Bridge syntax improvement
+ Better stop value visual
+ Bridge syntax improvement