This is a trend trading indicator+alert utilising the Traders Dynamic Index (TDI), Price Action Channel (PAC) and Heikin Ashi candles.
About 6months ago I came across the use of TDI in "E.A.S.Y. Method" that I found in forexfactory forums: www.forexfactory.com
and I was able to set up a chart based on the...
This is a specialised Price Action Channel (PAC) or Wave that mirrors the indicator used by Raghee Horner, the "34EMA Wave and GRaB Candles".
The Wave consist of:
34 period exponential moving average on the high
34 period exponential moving average on the close
34 period exponential moving average on the low
The GRaB candles colour scheme:
Lime = Bull...
Hello Hello Hello, and welcome back to Bitcoin Beats!
This is a Conglomeration of different scripts into 1 indicator that shows a bunch of different things.
This is not all my own work but also a mixture of features taken from other useful scripts.
I will say in terms of originality, it takes a certain level of skill to put this together and get it working so...
A script that simplifies price action reading and generates trading zones.
The strategy is to short as near the top of red zone inside the orange zone as possible and take profits when the price action has hit the bottom of the trading zone or when the zone turns green (which indicates a bullish trend).
Vice versa when the zone is green - you go long near the...