Traffic Light Signal - POSTraffic Light Signal (TLS) is simple and most easy setup to trade.
How The Traffic Light Signal Works ?
First You have to find a Green and red candle pair or red and green candle pair then mark there highest high and lowest low with the help of line tool. if High breaks go for Buy and when low breaks go Sell. Avoid Doji candle Pair to get better result.
Additonal Indicator Used :
Relative Strength Index : To find Overbought and Oversold Zones
How to Take trade with The help of TLS indicator :
The Indicator detects the Pair candle and detect whether the pair bar high or low cross over or cross under and display the signal over the chart.
if Triangle UP Shape Appears on chart , Once the high of the signal candle breaks take entry for buy side StopLoss will be low of the signal candle.
if Triangle Down Shape Appears on chart, once the low of the signal candle breaks take entry for Short side StopLoss will be low of the signal Candle.
Always Try to take profit 1:2 or as per your risk rewards.
Note :
if you are scalping then avoid first and Last Bar of day in 1 min and 3 min timeframe only
if you are Intraday Trader Use 5 Min and 15 Min max for this strategy.
if your are positional Trader use 1hr or 1 day Timeframe to trade.
No more than 3 trades to trade on this indicator.
Use Additional Indicator for Accuracy
Indicator works on Crypto , Equity , Futures , Options.
Hope you like this if any issue with this indicator ask below or message me.
Thanks and Regards,
TradingTail
Traffic-lights
OBV Traffic LightsThe idea with On-balance volume (OBV) is to see price movement based on volume instead of the distance between the open and close of a candle. This can be used to find the relationship between volume and price action much easier than normal volume bars.
This version spices the OBV up a bit by basing it off of the current and previous close of the Heikin Ashi of the current bar, as well as adding "traffic light"
moving averages to the mix to get a better grasp of trends and when volume has shifted direction as well as by how much.
Thanks to Peter Whipp for the original idea of using the OBV with traffic light moving averages, as well as the default settings for them.
Bollinger Bands 5 (oringan)[WS]2018.08.28
This is bollinger-bands. you can set up 5 BB with this one script.
there are 2 other formular.
0 : classic
1 : my own BB
2 : ATR based BB
I made many custom alert. total 16 alert condition you can see in this script.
2018.08.29
release note: v0.2
added : consecutive arrow option.
2018.08.29
release note: v0.3
added arrow color name to alert-condition title.
made arrow smaller.
now you can change gap between arrows.
2018.09.02
release note: v0.5
added unit alert function.
if you setup 100 unit. and current price is around 1500( 1450~1550 ). then you will get alert when the price hit 1400 or 1600.
basically every 100 unit price
( ex, 100, 200, 300, .... 1400, 1500, 1600 ... ) become alert-price. except last alerted price ( 1500 ).
2018.09.03
release note: Test completed
2018.09.03
release note: v0.52
changed some titles. (added color name)
ex) factor1x10 red BB
changed unit alert logic. when the price hit exact unit line( no cross ), now it alert.
ex) unit 100, price hit 7200, it will alert.
2018.10.05
release note: PPT : Basic Manual 1.0 Version Update (KR)
goo.gl
9/20 EMAs w/ Cross Signals (Traffic Lights)9/20 EMAs with Signals of Bullish or Bearish EMA Crossings, You won't miss these signals very clear!
ALSO saves indicator space by fusing two indicators into one! Duplicate this indicator with inputs 50/200 to save Even MORE Indicator Space since We can have only Have Limited amount of Indicators then you'll have all 9/20/50/200 EMAs using only two slots up! Traffic Lights
Orend 1.0 [WS]Orend
Green = Up ( long )
Gray ( Khaki ) = Neutral
Red = Down ( short )
over bought level = 70
over sold level = -70
You should pay to use Orend.
buy here : cafe.daum.net
More detail about Orend (in Korean) : cafe.daum.net
PPT (in korean) : goo.gl
Traffic-Lights [WS]TL show 6 lines and 6 color.
higher line show long-term analysis
lower line show short-term analysis
green = incresing
orange = decreasing
white = increasing, over-bought
red = decreasing, over-bought
blue = increasing, over-sold
black = decreasing, over-sold
make strategy, target price with higher line.
act(buy or sell) with lower line.
if you are not korean, you can buy TL with this link whitestart837.blogspot.kr
한국인은 다음카페에서 구매를 할 수 있습니다.
카페 cafe.daum.net
구매방법 cafe.daum.net
신호등 설명 한국어 피피티 goo.gl
한국어 트뷰 기본 사용방법 steemit.com
