Introducing the AzureBotOne!
This script is designed to visualize the RSI and Macd on a price chart like never before!
And it works on every time frame. That means this will work on the 5 minute, 15 minute, 1 hour, 4 hour...you name it and it works.
Here's the meat and potatoes of why I think you'll love it.
Say goodbye to trying to plot RSI on your price chart by hand!
RSI is generally considered Over-Bought when above the 70. This script will pop out Purple Arrows above the price candle to give you a visual of where it's reaching said Over-Bought territory.
Now you'll be able to quickly see on your price chart with one script when it's Over-Bought. No more lining up the RSI and trying to make vertical lines! This will allow you to visualize when a Bullish Rally meets resistance.
Conversely it does the same thing when under 30 on the RSI. When in Over-Sold territory It prints Purple Arrows on the bottom side of the price candle. That's when you might consider going long?!
But wait there's MORE!
You'll also get a Yellow Arrow each time the MacD crosses. This is Massive for longer trend reversals on time frames like the daily, weekly or 4 hour. I can practically hear day traders drooling over their laptops.
Unfortunately, the MacD crosses often and can fake you out especially when volume and volatility are low. Therefore, it only prints Yellow Triangles when there is a Cross UP and Below 0. This should help you find juicy bottoms to enter a long.
What's Even better is that if you're looking to get Bearish a Yellow Triangle will print above the candle when the MacD crosses under and is above 0. Short it to ZERO!
Meticulously lining up a MacD cross-over is a thing of the past!
And just when you thought it couldn't get any better we went and added Green and Red Dots to the chart. But they are not just any random dots... Oh no buddy! These little gems have a very particular little job to do.
You see they only print Green when the RSI is over the RSI sma. That means that if alot of these little Green Dots are printing that you're most likely looking at a BULLISH Trend.
Or if you start see a bunch of Red Dots? Yup you guessed it. Its BEARISH.
The AzureBotOne should be added to your chart immediately as it will not be here for long!
And to be honest, we are nothing without your feedback!
So climb in and buckle up! We're getting ready to launch your profits off the face of the Earth.
Just promise us you'll come back and say a few nice words after you get face-melting gains!
Just click ADD THIS SCRIPT TO FAVORITES and give it a ride.