I publish my private indicator. The colored line is called SFI
When it turns blue, it's bullish (enter with a dot) When it turns purple, it's bearish (enter with dot)
The SFI is "followed" by he bollinger bands.
I use the RV²I as factor
Do not use it allow to trade
I added a RSI option to see when to exit early
Shotoki
Thank's Muxxy for the idea (BB bands)
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I changed a bit the RSI_mode mode I use to take early exit
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I updated the screenshot to make visible the RSI
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I added dots for the RSI mode
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I added the posibility to change the bollinger bands settings and the smoothing of the SFI
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Many new options, you can use other index than the SFI (CCI modified, and Muxxy Force Index)
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Update of the chart ...
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I changed the color of the dots when the indexes enter inside the BB Band
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code is lighter (removed useless options) I added the extremum lines to see if the SFI is at itstop or its low (options)
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I added the ATR confirmation in the preferences. If the ATR is increasing then white dot will appear, else black dots. It's like a volume confirmation
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I removed the RSI mode I changed the color of the SFI, by adding extemum values. If the line becomes lighter then it's more dangerous to enter a trade. I try not to at least I can also exit my trade if the line become darker again
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Chart update
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This time, big changes !
I changed a bit the display of the settings and preferences You can now chose to display a Board helping you to understand the current trend / reset of the oscilator
You can also display an histogram - The area is the current SFI line, when it's above 0 we are more likely to be in a bull trend - The histogram represent the difference between the SFI line and the upper/lower BBand regarding where it crosses. - The Board is here to help you understand the histogram
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New features available !
- I changed the settings, I tried to make it clearer - I added some filters for the histogram mode - You can display now the SEF "pressure. SEF is one of my indicator, I use it to exit ealier so I appears as crosses above/below the SFI line
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I updated the Settings to have a easier experience (I guess) and a better display