Dudes Multi Time-Frame Pivot System [ ]
This is the first public beta of a new "ribbon" type of indicator which shows trend information and pivot candle information for 8 different timeframes, all within a very compact and visually appealing space.
It is extremely useful for pinpointing trend changes or current trend by giving you information from 8 different...
This identifies Buy and Sell Points once the period high breaches the SMA High and period low breaches the SMA Low. It produces profitable results greater than 87% of the time. You should still monitor and set up stop-losses as appropriate.
This is a very simple trading system which is measuring the core of uptrends and downtrends using three basic elements: Close price, HL2 price, Pivot price.
Depending if the uptrend or downtrend is strong, the buy/sell signals are shown in different colors. The stronger trends are in brighter colors (lime and fuchsia). If the trend just fully changed direction...
This indicator uses the 21, 55, 100 and 200 SMA.
Strategy:
When the 21 SMA crosses the 55 and 100 SMA it creates either a buy or sell symbol dependent on which way it crossed.
![BTCCNY: Dudes Multi Time-Frame Pivot System [[Up Only]]](https://s3.tradingview.com/q/qva3AwgV_mid.png "Dudes Multi Time-Frame Pivot System [[Up Only]]")
