Filters Monitor
This script provides the directional bias based on common filters as labelled. As these filters are optimized with some of my custom functions so the code cannot be set public, I hope that you understand, and I believe that it will still bring values to you. Overall, the dots will track the price very closely.
Usage:
- If the majority of the dots are in green, bullish bias should be established. The opposite is true for red color
- If you find a mix of colors, it is good practice that you be patient not to enter the trade
- I recommend that you use this script as a confirmation to your strategy, and not take the signal blindly. Though I try to make it track the price closely, some lagging in inevitable.
Extra filters that give good directional bias may be added along the way.
May you be on the right side of the trade.
Usage:
- If the majority of the dots are in green, bullish bias should be established. The opposite is true for red color
- If you find a mix of colors, it is good practice that you be patient not to enter the trade
- I recommend that you use this script as a confirmation to your strategy, and not take the signal blindly. Though I try to make it track the price closely, some lagging in inevitable.
Extra filters that give good directional bias may be added along the way.
May you be on the right side of the trade.