POWER OF STOCK'S 5 EMA BUY / SELL

25. Okt. 2022

Indicator is based mainly on two conditions :

1. Previous candle should not touch 5 EMA.
2. Current candle should close “ABOVE/BELOW” 5 EMA.

Features -
* Buy candle is represented by Aqua Color
* Sell candle is represented by Fuchsia Color
* You can set Risk: Reward ratio. ( Default = 1:2)
* It also shows label for Entry, Stop Loss & Target.
* Suggested timeframe 15 Minutes for intraday.
* Use closing basis Stop loss.

28. Okt. 2022

Versionshinweise

Added option to check previous signals, which will help to back test.
Untick "Delete Previous Buy/Sell Signals" from settings to see all previous signals.

3. Nov. 2022

Versionshinweise

Code added for alert candle trade.

3. Jan. 2023

Versionshinweise

Bar color & Label color are editable now. ( Both will have same color)

4. Jan. 2023

Versionshinweise

Buy Sell signal only generated when alert candle high/low breaks.

4. Jan. 2023

Versionshinweise

Small change.

4. Jan. 2023

Versionshinweise

Buy Sell mark below/above candle.
Bar color only for high/low breaching candle.

7. März 2023

Versionshinweise

Color Bug Fix.

8. Mai 2023

Versionshinweise

What's new ---
Now we will have 3 options to trade with this script.
1) 5EMA + BB Strategy
2) 5 EMA Buy/Sell(Trade With 5 EMA Reversal Confirmation)
3) Alert Candle Buy/Sell (Trade Without Reversal Confirmation)

Updates --
A) 5EMA + BB Strategy
- When we combine "5EMA + BB", It will eliminate many false signals. Which will improve our accuracy while trading.
- In BB value of standard deviation is set to 1.5
B) Option provided to unable/disable bar color for entry candle.

22. Aug. 2023

Versionshinweise

Small Bug Fix.

25. Apr. 2024

Versionshinweise

Calculation error updated.

4. Mai 2024

Versionshinweise

New -
1. Added extra condition for trading with POS alert candle. While generating signals it will now consider RSI value also. It is made available separately(4'th option). You can also change respective RSI values as per your requirement.
2. Table is added which will shown RSI value.

7. Mai 2024

Versionshinweise

New Update Contains :
1] Daily VWAP
2] CPR – Daily & Tomorrow.
3] Virgin CPR ( Supported Timeframes : 1,3,5,10,15,25,30,60,75 )
4] HIGH/LOWS:
a) Previous Day/ Week / Month
b) Current Day/ Week / Month
c) ATH/ATL/52 Week High/Low

8. Mai 2024

Versionshinweise

Added option to change colors for BB Basis, Upper & Lower.
Added Weekly VWAP.

Removed EMA Segment as there is already 20 SMA & 5 EMA is present.

16. Sept. 2024

Versionshinweise

1] Updated Virgin CPR-
VCPR will remain present throughout the day even if touched.
2] Alerts-
Alerts are available for use. It can be used for all 4 strategy.