Hello , i Combined 3 Indicators to generate buy /sell signal 1) Super Trend 2) Simple Moving Average 3) Williams Fractal Indicator.
I thank Trading View to keep all these indicators source code open so i was able to combine and customized as per requirement. In settings one may change use different period of super trend as well Sma This works best on 10 min chart.
Buy Setup : after buy signal one can wait for fractal confirmation below the candle and place order above High of that candle with buffer of 0.01% in LTP or one can place order near to Sma 50 as after Signal as it will come to retest . Reversal Strategy for good Risk Reward Ratio
Sell Setup : After Sell Signal one can wait for fractal Confirmation below the candle and place the order below the low of the candle with buffer of 0.01% in LTP Note : It may not give good results on Forex better do your on research with different Periods on different time frames I am not SEBi Registered to advice on your investment. Consult your Financial Advisor before investing on any idea Please give feedback for Modification/ Suggestions are most welcome.
Thank you trading view a great platform. i am publishing this in protected mode as some ,copy and start selling these type of indicator by invite-only links. i wish to help retailers.
Hi, is it possible for me to get the source code? I am very interested in your indicator and I would like to see the logic flow within the codes, and also try to test out how the performance varies based on my personal taste of TF, ATR multiplier. It would even be better if I can reach out to you on learning how you construct the codes because I am a newbie in this field and been trying quite hard to learn and understand the formulation of strategy and backtesting. Thanks a lot for your work anyways!