GODXBT Scalper 15min

2021年5月14日

Godxbt scalper is specifically designed for short term trades on 15min timeframe
This indicator is based on price action

What this indicator includes:
1) BULL,BEAR signals based on price action
2) 3 EMA(exponential moving average) for the market trend/direction .
3) take profits points ( based on oscillators ) shows overbought and oversold conditions.


How to trade :

This indicator works on 15min timeframe the parameters for the indicator is locked for 15min timeframe
***Important: Signal confirms on bar close

1) “BULL” signal shows buying opportunity
Buys are more profitable than sells if EMA ribbon is blue which means bullish trend (buyers are in control)
2) “BEAR” signal shows selling opportunity
Sells are more profitable when EMA ribbon is red which means bearish trend (sellers are in control)

3) TP+ and TP- appears below and above candles it shows the potential reversal points for the price action
There you should take some profits off the trade
Ema ribbon shows market trend
Default ema inputs are set on 20 and 50 (you can add your own sets of ema by changing the input )
Blue ribbon is bullish trend which also acts as a support
Red ribbon is bearish trend which also acts as a resistance
You can use ribbon to add stoploss below and above the ribbon
222 EMA for strong support and resistance



DM for the access