OPEN-SOURCE SCRIPT

100PipsADay third screen / triple screen strategy MACD and W%R

Third Screen Strategy

This particular script is specifically designed around this strategy. D1 MACD & H1 Williams %.
I coded the script in a way that you automatically get the signal that is calculated taking in consideration both the indicators (macd and w%R)
Green means that the daily MACD histogram is above 0 (crowd is bullish) but w%R shows that momentarily there is a lower price (W%R is oversold),
Red is vice versa.


Quote from original post :
Below is how I would normally take a trade using my strategy.

As you can see below in my chart, I look on the D1 chart for the MACD to cross over.

Once it is clear that it has crossed over, I will enter positions on the H1 chart using Williams %.

end quote.


This Script i coded in a way that automatically account for both the indicators, so you don't have to switch between timeframes.

3 Important rules :

  • To get the indicator set correctly you need to use on 1 Hour time frame

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    *You should wait 6 hours when signal appear to open an other position on the same pair

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    *I coded an alarm that gets triggered when the pair meet both condition (when the bar and/or the background is green) so you can just set it by right clicking the indicator and be relaxed!




Italiano :

Strategia Third screen

Questo particolare script è specificamente progettato attorno a questa strategia. D1 MACD e H1 Williams%.
Ho codificato lo script in modo da ottenere automaticamente il segnale calcolato tenendo conto di entrambi gli indicatori (macd e w% R)
Verde indica che l'istogramma MACD giornaliero è superiore a 0 (la folla è rialzista) ma w% R mostra che momentaneamente esiste un prezzo inferiore (W% R è sotto il livello di oversold),
Il rosso è viceversa.




Ho codificato questo script in un modo che tiene conto automaticamente di entrambi gli indicatori, quindi non è necessario passare da un intervallo di tempo all'altro.

3 Regole importanti:

[elenco]
* Per impostare correttamente l'indicatore è necessario utilizzare nel periodo di 1 ora

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* Dovresti aspettare 6 ore una volta che arriva il segnale per aprire un'altra posizione sullo stessa moneta

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* Ho codificato un allarme che viene attivato quando sono soddisfatte entrambe le condizioni (ossia quando lo sfondo è verde), quindi puoi semplicemente impostarlo facendo clic con il pulsante destro del mouse sull'indicatore ed essere rilassato!

100pipsadayMoving AveragesOscillatorsthirdscreenstrategyTrend Analysistriplescreen

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