Four adjustable moving averages set in order to produce buy and sell signals, works best on smaller timeframes from my backtesting, 10M - 30M seems optimal for scalping. The idea behind this script is to only enter positions that are following the trend in order to minimise drawdown and decrease risk when using leverage. The script will only enter long...
Indicator for divergence between MACD trend and price trends. Try it out and let me know what you think!
This is an 14RSI with a built in EMA55. I also added 50RSI level to add more confluence. RSI above 50 level and EMA55 can confirm bullish trend . But don't trade based off on this indicator. Note: Always look at the price actions first. Only use this indicator as a confluence to your price action analysis. And don't forget to backtest and make adjustments...
Hello traders The SMA 50 is known to define a trend. If price is closing above, trend is bullish, if below, trend is bearish. That's why I like to have all of them on my chart :) Enjoy David
Hello traders Some friends asked me to do it so... sharing it for everyone instead This indicator detects when the first moving average is above the two others. It's a very powerful tool for trend traders that use multiple moving averages to detect a strong trend Enjoy Dave
Hello traders Some friends asked me to do it so... sharing it for everyone instead This indicator detects when the first moving average is above the three others. It's a very powerful tool for trend traders that use multiple moving averages to detect a strong trend Enjoy Dave
Hello Traders This indicator draw multiple Simple Moving Averages multi-timeframes at once I use it to define take profit zones for my crypto trading Hope you'll like it Enjoy Dave