This indicator show higher high + higher low and lower high + lower low -> based on RSI modification.
HOW I USE
On a longsetup I set a buyorder on the high, if the RSI swings show red the first time. My stoploss I choose on the lowest price from the red swing before.
After every ending bar without tradeentry I move the buyorder step by step on the last high...
Today I bring an amazing strategy that works for 1h time frames for silver.
Its made of price actions movement combined together with MACD and simple moving average
It does not use neither stop loss/take profit levels. Instead it will always exit at the next candle after it opens a trade.
The rules are the next one :
For short condition : we have a bull candle,...
This is a simple study that plots kagi values over your current chart. Works with both price action and time based charting.
NOTE: Because higher timeframe values are not certain until closed, refresh your chart as new levels are drawn.
Adds a purple label to the right of price if RSI is overbought or oversold, otherwise it doesn't show anything at all, nada. Handy for people (like me) who often focus on price action and forget to watch the RSI
This is a simple end of the day indicator based on open and close values.
Identifying narrow angles helps to find breakouts
Maximum angle = High chance of reversal
Minimum angle = Chance of breakouts on the next day or upcoming days.
I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using...
This is an experimental study based on multi-timeframe price action and a simple average.
Use it to quickly identify MTF support and resistance, and high probability price levels.
NOTE: Because higher timeframe levels are not certain until the interval is closed, refresh your chart as new levels are drawn.
Vadim Gimelfarb's article in this issue , "Bull And Bear Balance Indicator," describes a method of deducing market sentiment from close-to-close price movement. His system uses the various possible relationships between the previous close and current open, high, low, and close
1. MUST: RENKO ATR 2 YELOOW
2. STRONG: SNIPER 8,8 BUY SIGNAL
3. WEAK: TZ 6,6 BUY SIGNAL
========= SELL =========
1. STRONG: SNIPER 8,8 SELL SIGNAL
2. WEAK: TZ 6,6 SELL SIGNAL
3. WEAK: RENKO ATR 2 RED
RENKO > SNIPER > TZ
6 minutes ago
the sniper buy signal is now based on renko