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Momentum - Eddy

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This indicator uses momentum, emas, macd trend, probability to find the best entry for both long and short positions.

L = Long

When the low goes below the green line (ema fast low), close is above open and momentum is up

S = Short

When the high goes above the red line (ema fast high), close is below open and momentum is down

XS = Exit short at potential bullish pivot

When the low is below a red step (probability) and below ema fast low and both ema fast high and low are 0.5 % (can be changed in the settings) spread, and high is below ema fast low and open is at least 0.2 % spread (can be change in the settings).

XL = Exit long

When the high is above ema fast high and above a green step (probability) with at least 0.2 % spread (customizable in the settings)

The win rate changes based on the % change parameter. The lower the % change the higher the win rate will be.

Green and Red background shows you a bull trend or bear trend. It uses the Mac signal (periods are customizable in the settings).

You can add alerts for Long / Short / Exit Long / Exit short.

You can adjust parameters in the settings.

Use your own judgement to place trades. This algorithm helps you remove the stress of trading.

To avoid false signals trade from 4h timeframe +.
リリースノート
Alert adjustments
リリースノート
  • Fixed wrong alerts
  • Adjusted indicators for safer trades
リリースノート
Fixed falses trades
リリースノート
Added long potential pivot
リリースノート
Simplified signals
リリースノート
Remove a couple of fake signals (less risk)
リリースノート
Small adjustments
Exponential Moving Average (EMA)EMASMoving Average Convergence / Divergence (MACD)macdsignalMomentum Indicator (MOM)momentumindicatormoving_average

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