Bull & Bear | Swing Buy Signals + Confirmation V1
The goal of this script is to fire buy signals and then confirm them. It's been most tested on the 1D - 4HR time frames and is rather conservative.
To use the indicator wait for a buy signal to fire and if it is encapsulated by the green line or you see a spike on the green line that's effectively confirmed this bullish move in the market a chance for a swing entry.
It looks at RSI CPI & moving averages to confirm trends.
If you are aggressive you can just trade off the buy signals alone
To use the indicator wait for a buy signal to fire and if it is encapsulated by the green line or you see a spike on the green line that's effectively confirmed this bullish move in the market a chance for a swing entry.
It looks at RSI CPI & moving averages to confirm trends.
If you are aggressive you can just trade off the buy signals alone