This script combines the usage of the SMMA indicator in order to provide signals for opening and closing trades, either buy or sell signals.
It uses two SMMA , a fast and a slow one, both configurable by the users.
The trigger of Buy and Sell Signals are calculated through the SMMA crosses:
Buy Signals : The fast SMMA crosses over the slow SMMA . They are...
This gives to you buy-sell signal with MACD's histogram trends.
Use "Fast and Slow length" and "Trend of Histogram Number" inputs to take less or more signal.
"Trend of Histogram Number" : This means how many histogram bars the trend continues before trading.
NOTE: This is an invite-only script for paying 4X Global Members.
When you request access, please provide your 4X Global username. I cannot provide access until I cross-check your 4X Global account to verify that you have one and that it is active.
If you are not a 4X Global member and want access; a 4X Global Membership is only $19 per month. You can read...
Estimating the Peaks and Valleys or extrema of the price is one of the best way to catch up early movements of a trend. Of course there is no perfect way to do so, if we want a perfect estimation of peaks and valleys then we must use a non causal indicator ( repainting ), if we want a causal indicator ( non repainting ) then we will need to...