Scalping Indicator

2 Agu 2018

Helps to enter and exit profitable trades.

The background color changes after an EMA crossover of lengths 3 and 8 to indicate trend.

The outline of the candle (red or green) indicates if the heikin ashi is an up or down candle. The second consecutive heikin ashi of the same colour changes the bar colour to black or white depending on direction. This helps prevent false positives.

Bollinger bands are used to provide confluence for good entries and exits. Typically want to enter/exit when price touches band or is slightly outside band.

When the RSI is oversold (below 30), the word "low" is printed above the candle. When the RSI is overbought (above 70), the word "high" is printed above the candle.

2 Agu 2018

Catatan Rilis

Updated background color transparency to make it more visible

2 Agu 2018

Catatan Rilis

Added auxiliary EMA

2 Agu 2018

Catatan Rilis

Added fibonacci bollinger bands. Black lines are standard bollinger bands, blue lines are fibonnaci.

7 Agu 2018

Catatan Rilis

Refined styling

10 Agu 2018

Catatan Rilis

Added RSI divergences

17 Agu 2018

Catatan Rilis

added reversal candlestick detection. still tweaking rules for these to make sure signals are accurate.

also commented out the rsi signals and the buy/sell signals just because the chart was getting too noisy, will figure out some way to have those indicators on the chart

white marubozu (wm)
black marubozu (bm)
hammer (h)
hanging man (hm)
inverted hammer (ih)
shooting star (ss)
bullish engulfing (e)
bearish engulfing (e)
tweezer bottom (tb)
tweezer top (tt)
three white soldiers (tws)
three black crows (tbc)
morning star (ms)
evening star (es)
three inside up (tiu)
three inside down (tid)

23 Agu 2018

Catatan Rilis

Added buy/sell signals again due to request