Today I am glad to provide you a strategy based on the wave trend oscillator. If you want to use it as an indicator, just disable long and short to not make any shops.
It works on all time frames.
The way it works its like an RSI .
We have overbought and oversold levels, and together with a channel and length we calculate the wave trend.
EXPERIMENTAL: use at your own discretion.
custom session breakout strategy, it uses a percentage of daily atr to set breakout limits. strategy only viable for intraday timeframes and is suggested under 1hour.
This is my best strategy that I have put together so far.
Its made of :
MACD x2 one fast and 1 slow
EMA 20 + EMA 50
Ability to choose between London, newyork, asian sessions.
If macd slow histogram is bigger than macd fast histogram(and postives)(last 2 candles) and cross between ema(20 with 50) is...
This oscillator is a combo if different goodies i find useful (Maybe you will too) This is a color changing MACD combined with the Awesome Oscillator and also shows the colored sessions as well (Like London session, Asain, NY and Aussie) All MACD and session settings can be changed in the Format tab. I also writtin a decent strategy script for this as well but...