PP+EMA+P.SAR_PANKAJBHAMBHANI
This is unique trading indicator which comes with combination of multiple indicators such as ,
PP stands for pivot points - indicate as green and red flags
EMA stands for exponential moving average - 3 lines of EMA is added with 5,8,13 settings for short time frame (5 min, 15 mins)
with crosses signals.
when EMA5 crossover EMA8 = green dot (buy signal)
when EMA5 crossover EMA13 = blue dot (strong buy signal)
when EMA5 cross under EMA8 = red dot (sell signal)
when EMA5 cross under EMA13 = yellow dot (strong sell signal)
P.SAR stands for parabolic SAR - In uptrend you can see those orange crosses below the candles and in downtrend you can see crosses above the candles.
PP stands for pivot points - indicate as green and red flags
EMA stands for exponential moving average - 3 lines of EMA is added with 5,8,13 settings for short time frame (5 min, 15 mins)
with crosses signals.
when EMA5 crossover EMA8 = green dot (buy signal)
when EMA5 crossover EMA13 = blue dot (strong buy signal)
when EMA5 cross under EMA8 = red dot (sell signal)
when EMA5 cross under EMA13 = yellow dot (strong sell signal)
P.SAR stands for parabolic SAR - In uptrend you can see those orange crosses below the candles and in downtrend you can see crosses above the candles.