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Rokcet BB Generator

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Hello Traders!

The indicator uses RSI levels and normal floor trader pivots to find exit and entry points.

In the indicator options you can choose the indicator from pull-down menu.


How it works?

- Checks if two consecutive candles are bullish/bearish.
- Looks for RSI oversold /overbought conditions.
- Initates a buy /sellorder .
- Stop loss can be places under the low/high of the candle before the trigger candle for long and short orders respectively.
- targets can be daily pivot points

P.S. Use it on a 5 min candle chart for best results.
版本注释
Update: Better Entry point identification and risk management. Better Stop losses and filters many bad trades.

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