RSC TrendTrading Indicator v3.0
Note: this v30.0 is an updated version with alert conditions added so you can easily add alerts (see end for an explanation)
This indicator combines 4 indicators as one indicator (assuming you are looking the daily chart) and adds alerts:
This strategy works best on daily.
You can create alerts by selecting " RSC TrendTrading... " and "Buy Single " or " Sell Signal " for the condition, then Buy or Sell. I recommend you select "Once Per Bar Close" to avoid getting multiple signals per bar.
This is a combined indicator for those who are familiar with Doc Severson's (Ready Set Crypto) Trend Trading Class offered at Ready Set Crypto. It is published with permission.
I highly recommend that you attend the class to understand how this indicator can be used to your advantage. There is way more than just to the indicators to utilise this trading strategy successfully.
Please Like, Share, Comment, if you like this indicator.
Look for a strategy based on this that allows backtesting! Please follow me and/or message me if you are interested.
Please follow me and/or message me if you are interested.
Warning
The Buy and Sell calls are meaningless and must not be auctioned without a thorough understanding of this trading strategy and the full consideration of the entry and exit conditions.
Please use this indicator at your own risk. The publisher does not accept any responsibility for its performance or any implications.
Note: this v30.0 is an updated version with alert conditions added so you can easily add alerts (see end for an explanation)
This indicator combines 4 indicators as one indicator (assuming you are looking the daily chart) and adds alerts:
- An Upper Donchian Channel of 20 days (default) or more, used to indicate buy signals
- A Lower Donchian Channel of 10 days (default) or more, used to indicate exit signals
- A 50 day Simple Moving Average (for entry filtering)
- A 200 day Simple Moving Average (for entry filtering)
This strategy works best on daily.
You can create alerts by selecting " RSC TrendTrading... " and "Buy Single " or " Sell Signal " for the condition, then Buy or Sell. I recommend you select "Once Per Bar Close" to avoid getting multiple signals per bar.
This is a combined indicator for those who are familiar with Doc Severson's (Ready Set Crypto) Trend Trading Class offered at Ready Set Crypto. It is published with permission.
I highly recommend that you attend the class to understand how this indicator can be used to your advantage. There is way more than just to the indicators to utilise this trading strategy successfully.
Please Like, Share, Comment, if you like this indicator.
Look for a strategy based on this that allows backtesting! Please follow me and/or message me if you are interested.
Please follow me and/or message me if you are interested.
Warning
The Buy and Sell calls are meaningless and must not be auctioned without a thorough understanding of this trading strategy and the full consideration of the entry and exit conditions.
Please use this indicator at your own risk. The publisher does not accept any responsibility for its performance or any implications.