INVITE-ONLY SCRIPT
Bull Bear Trend Anlysis Signals by ActualEquation
This indicator analyzes the trend utilizing MACD and other math algorithms to find confirmed entries and exits.
How To Use
Best used on TF larger than 1 hour for highest accuracy.
The higher the wave the stronger the trend.
For entries, wait for the wave to rise then enter after a color flip.
Once flipped, you can look for entries at a smaller time frame to narrow down your buy price.
For shorts, wait for confirmation of color flip with initial red wave down.
BOUNCE PLAYS:
1. Find Divergences via the height of the wave.
2. The more stretched from 0 the stronger the strength.
3. If second drop/rise is less than first, then divergence is present, look for entry.
4. Zoom in to the hourly charts to find initial bounces, then zoom into 5 minutes to look for setups.
NOTE: all signals strength are based off the charts macro strength and most are delayed. If the signal is too high, then it should be the time to close position soon.
How To Use
Best used on TF larger than 1 hour for highest accuracy.
The higher the wave the stronger the trend.
For entries, wait for the wave to rise then enter after a color flip.
Once flipped, you can look for entries at a smaller time frame to narrow down your buy price.
For shorts, wait for confirmation of color flip with initial red wave down.
BOUNCE PLAYS:
1. Find Divergences via the height of the wave.
2. The more stretched from 0 the stronger the strength.
3. If second drop/rise is less than first, then divergence is present, look for entry.
4. Zoom in to the hourly charts to find initial bounces, then zoom into 5 minutes to look for setups.
NOTE: all signals strength are based off the charts macro strength and most are delayed. If the signal is too high, then it should be the time to close position soon.
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