Strong Highs & Weak Lows (Small Triangles)This indicator highlights market structure shifts by identifying Strong Highs and Weak Lows based on simple price action logic.
Strong Highs are swing highs that are followed by a break of structure to the downside (bearish intent).
Weak Lows are swing lows that are followed by a break of structure to the upside (bullish intent).
These levels can indicate key turning points or liquidity grabs and are useful for traders focused on market structure, order flow, or liquidity-based strategies.
Features:
Clean triangle markers: tiny red triangles mark Strong Highs and tiny green triangles mark Weak Lows.
Optional candle coloring to further emphasize shifts in market intent.
Adjustable lookback period for swing detection.
Perfect for traders using smart money concepts, ICT, or price action-based entries.
อินดิเคเตอร์และกลยุทธ์
Moving Average Exponential (5, 8, 21 & 34)The Moving Average Exponential (5, 8, 21 & 34) indicator is a powerful tool for traders who want to visualize multiple Exponential Moving Averages (EMAs) on their charts, calculated on the daily timeframe for consistency across all chart timeframes. This indicator plots the 5 EMA, 8 EMA, 21 EMA, and 34 EMA, with customizable colors, projection lines, and color gradients between consecutive EMAs. It also includes labels for the EMA values and an optional smoothing MA with Bollinger Bands for additional analysis.
Designed for both intraday and swing traders, this indicator ensures that the EMA values remain consistent with the daily timeframe, even when viewed on lower timeframes (e.g., 1-minute, 5-minute, 1-hour). The projection lines and gradients provide a visual forecast of the EMA levels into the future, making it easier to identify potential support and resistance zones.
Features
Daily Timeframe EMAs: Calculates the 5 EMA, 8 EMA, 21 EMA, and 34 EMA using daily timeframe data, ensuring consistency across all chart timeframes.
Customizable Colors: Each EMA can be assigned a unique color through the settings, allowing for easy differentiation.
Projection Lines: Draws dashed horizontal lines for each EMA at their last confirmed daily values, extending 100 bars into the future for a visual forecast.
Color Gradients:
Displays customizable color gradients between consecutive EMAs (5 to 8, 8 to 21, and 21 to 34), with adjustable transparency.
The gradient between the 21 EMA and 34 EMA includes a background text displaying the 34 EMA value, blended with the gradient color for a seamless look.
Labels:
Shows the current values of the 5 EMA, 8 EMA, and 21 EMA as labels above the last bar, with background colors matching the user-selected EMA colors.
The 34 EMA value is displayed as background text within the 21 EMA to 34 EMA gradient area, avoiding clutter above the chart.
Smoothing MA and Bollinger Bands:
Optionally applies a smoothing Moving Average (MA) to the 8 EMA, with choices including SMA, EMA, SMMA (RMA), WMA, VWMA, or SMA with Bollinger Bands.
Bollinger Bands can be added around the smoothing MA, with adjustable standard deviation multiplier.
Settings
EMA Settings:
Length EMA 5/8/21/34: Set the length for each EMA (default: 5, 8, 21, 34).
Source EMA 5/8/21/34: Choose the data source for each EMA (default: close).
Offset EMA 5/8/21/34: Adjust the offset for each EMA plot (default: 0).
EMA 5/8/21/34 Color: Select the color for each EMA line (default: green, blue, red, purple).
Gradient Settings:
Use Color Gradient Between 5 & 8 EMAs / 8 & 21 EMAs / 21 & 34 EMAs: Toggle the gradient display for each EMA range (default: enabled).
Gradient Color (5 & 8 EMAs / 8 & 21 EMAs / 21 & 34 EMAs): Choose the gradient color for each range (default: orange, purple, teal).
Gradient Transparency (5 & 8 EMAs / 8 & 21 EMAs / 21 & 34 EMAs): Adjust the transparency of each gradient (default: 90, range: 0 to 100).
Smoothing:
Type: Select the type of smoothing MA to apply to the 8 EMA (options: None, SMA, SMA + Bollinger Bands, EMA, SMMA (RMA), WMA, VWMA; default: None).
Length: Set the length of the smoothing MA (default: 14).
BB StdDev: Adjust the standard deviation multiplier for Bollinger Bands (default: 2.0, only applies if "SMA + Bollinger Bands" is selected).
Usage
Add the Indicator: Add the "Moving Average Exponential (5, 8, 21 & 34)" indicator to your chart in TradingView.
Customize Settings:
Adjust the EMA lengths, sources, offsets, and colors to suit your trading strategy.
Enable or disable the color gradients and customize their colors and transparency for better visualization.
Optionally enable the smoothing MA and Bollinger Bands for additional analysis.
Interpret the Indicator:
EMA Lines: The 5 EMA, 8 EMA, 21 EMA, and 34 EMA are plotted on the chart, calculated using daily timeframe data. On lower timeframes, these lines will appear flat within each day, updating with new daily bars.
Projection Lines: Dashed lines extend 100 bars into the future, showing the last confirmed daily EMA values, useful for identifying potential support and resistance levels.
Gradients: Color gradients between consecutive EMAs highlight the range between them, with the 34 EMA value displayed as background text within the 21 EMA to 34 EMA gradient.
Labels: The 5 EMA, 8 EMA, and 21 EMA values are shown as labels above the last bar, while the 34 EMA value is integrated into the gradient area.
Smoothing MA and Bollinger Bands: If enabled, the smoothing MA and Bollinger Bands are applied to the 8 EMA, providing additional context for trend analysis.
Notes
The indicator is optimized for consistency across timeframes by using daily timeframe data for all EMA calculations.
The projection lines and gradients extend 100 bars into the future, which may need adjustment depending on your chart’s timeframe and zoom level.
The background text for the 34 EMA value blends with the gradient color for a clean look, but you can adjust the gradient transparency to make the text more or less prominent.
Author
Rajesh Muraleedharan
Stock versus IndustryStock vs. Industry Indicator
The Stock vs. Industry Indicator is designed to help traders assess the performance of individual stocks relative to their respective industries. This tool automatically identifies the industry classification of a stock, compares it to a relevant industry ETF, and calculates the stock-to-industry performance ratio in real-time.
Key Features:
Real-Time Performance Comparison: The indicator tracks and compares the price movement of an individual stock against the most relevant ETF for its industry, providing a dynamic view of relative strength.
Stock-to-Industry Ratio: Displays the ratio of stock performance versus industry performance, allowing traders to easily identify outperforming and underperforming stocks within their industry.
SMA Trend Line: The indicator includes a simple moving average (SMA) trend line to assist with visual trend analysis, offering additional context to the stock’s movement in relation to the broader industry.
Customizable Parameters: Users can customize SMA periods, adjust comparison overrides, and use color highlighting to suit their trading preferences and strategies.
Industry Classification: Automatically assigns the correct industry classification to any stock, providing a reliable and automated method for comparing stocks within the same industry.
Benefits:
Identify Leaders and Laggards: Easily distinguish which stocks are outperforming their industry and which are underperforming. This allows traders to make more informed decisions based on relative strength.
Sector Rotation Detection: The indicator helps detect when a stock begins to underperform its industry, which can signal a shift in sector strength. This allows traders to adjust their positions and strategies accordingly.
Breakout Confirmation: When a stock breaks out while outperforming its industry, the indicator provides additional confidence in the breakout’s validity and potential for continued performance.
Avoid Value Traps: By comparing a stock’s performance against its industry, the indicator helps avoid investing in stocks that appear undervalued but are underperforming relative to their peers, reducing the risk of falling into value traps.
Usage:
Timeframes: The indicator works across various timeframes and is adaptable for both short-term and long-term traders.
Customization: Users can modify the parameters and settings to align with their specific trading style, whether day trading or position trading.
Visual Aid: The indicator provides an intuitive chart display, making it easy to understand a stock’s performance relative to its industry at a glance.
Disclaimer:
This indicator does not guarantee future performance or predict market movements. The information provided is based on historical data and current market conditions, which can change rapidly. It is important to use this tool as part of a broader trading strategy, taking into account other market factors and risk management techniques.
Lukiano BTC 369 Close MarkerThis indicator highlights candles where the closing price reduces to 3, 6, or 9 based on digital root calculation (sum of digits).
🔵 Blue dot = 3
🟢 Green dot = 6
🔴 Red dot = 9
Inspired by Tesla’s 369 theory and adapted for BTC traders who want to explore alternative energy-based signals.
Created by @Lukiano
Improved Option Selling StrategyIts a mix of indicators for option selling.
🔵 Updated Entry & Exit Conditions
✅ Buy Signal (Bull Put Spread) – When Market is Bullish
🔹 EMA Crossover (20 EMA crosses above 50 EMA)
🔹 ADX Above 15 (Confirms trend strength)
🔹 RSI Above 45 (Avoid weak trends)
🔹 Price Above VWAP (Market is bullish)
🔹 No Resistance Nearby (Avoid rejection zones)
🔹 SELL ATM or 1 OTM Put Option
🔹 Hedge with 200-300 points lower OTM Put
🔴 Sell Signal (Bear Call Spread) – When Market is Bearish
🔹 EMA Crossunder (20 EMA crosses below 50 EMA)
🔹 ADX Above 15 (Confirms trend strength)
🔹 RSI Below 55 (Avoid reversals)
🔹 Price Below VWAP (Market is weak)
🔹 No Support Nearby (Avoid bounce zones)
🔹 SELL ATM or 1 OTM Call Option
🔹 Hedge with 200-300 points higher OTM Call
M2SL/DXY RatioThis is the ratio of M2 money supply (M2SL) to the U.S. dollar index (DXY), taking into account the impact of U.S. dollar strength and weakness on liquidity.
M2SL/DXY better represents the current impact of the United States on cryptocurrency prices.
Bim EMA 35 NavigatorBim EMA 35 Navigator
The Bim EMA 35 Navigator is a powerful trend-following and pullback-based trading indicator designed to help traders identify key buy and sell opportunities using the Exponential Moving Average (EMA 35).
Key Features:
✅ EMA 35 Trend Detection – The EMA line changes color: Green for an uptrend and Red for a downtrend.
✅ Buy & Sell Alerts – Generates alerts when price crosses above or below the EMA 35.
✅ Pullback Detection – Identifies pullbacks to the EMA within a trend, providing additional trade opportunities.
✅ Customizable Parameters – Users can fine-tune pullback thresholds and confirmation candles.
How It Works:
Trend Confirmation: The EMA 35 helps determine whether the market is in an uptrend or downtrend.
Entry Signals: A buy signal appears when price crosses above the EMA in an uptrend, and a sell signal appears when price crosses below the EMA in a downtrend.
Pullback Opportunities: Detects pullbacks to the EMA and confirms them with recent price action, making it easier to enter trades at better prices.
This indicator is ideal for traders looking to follow trends while also capitalizing on pullback entries. It works well across multiple timeframes and asset classes, including stocks, forex, and crypto.
🚀 Use the Bim EMA 35 Navigator to refine your strategy and improve your trade timing!
15-Minute Block Marker Enhanced with AlertsQuick and simple 15 minute Block indicator for profitable scalping using 5 minute intervals.
Enhanced MACDHere’s a polished description of the **"Enhanced MACD Indicator"** in English for publishing:
---
### Description:
The **"Enhanced MACD Indicator"** is a sophisticated momentum analysis tool, building upon the classic Moving Average Convergence Divergence (MACD) indicator. Designed with traders in mind, this version introduces advanced features and refined visualization to elevate trading strategies.
---
### Key Features:
1. **Customizable Histogram:**
- Dynamic color changes for the histogram to clearly show bullish (rising) and bearish (falling) momentum.
- Fully adjustable EMA lengths and histogram smoothing for tailored analysis.
2. **Alerts and Signal Triggers:**
- Real-time alerts for bullish and bearish MACD-Signal line crossovers.
- Quick identification of potential buy and sell opportunities.
3. **Smoothed Histogram Moving Average:**
- An optional moving average of the histogram to highlight long-term trends and filter short-term noise.
4. **User-Friendly Design:**
- Intuitive customization options for colors, line thickness, and more.
- Clear and precise visual representation to simplify decision-making.
---
Perfect For:
This indicator is ideal for traders seeking:
- Accurate momentum-based trading signals through MACD and Signal line crossovers.
- Improved visibility into market trends with a color-coded histogram.
- A reliable tool for both intraday and swing trading.
EMA + RSI + MACD StrategyThe EMA + RSI + MACD strategy combines three powerful indicators to identify trend direction, confirm momentum, and filter out false signals. This strategy works exceptionally well for scalping, day trading, and swing trading in volatile markets like Bitcoin and other cryptocurrencies.
Enhanced Fibonacci Trend Channel with ProjectionsCertainly! The **"Enhanced Fibonacci Trend Channel with Projections"** indicator is designed to analyze price movements in financial markets by leveraging Fibonacci levels, trend calculations, and momentum indicators. It offers both current Fibonacci levels and future projections based on the slope of the trend, giving traders insights into potential price levels.
### Key Features of the Indicator:
1. **Fibonacci Level Analysis:**
- It calculates key Fibonacci levels, including:
- **0% (Lowest Price)**
- **100% (Highest Price)**
- **38.2%**
- **61.8%**
- These levels are commonly used to identify support and resistance zones in market trends.
2. **Trend Projections:**
- The indicator extends Fibonacci levels into the future based on the trend’s slope (difference between high and low prices over a specified period).
- Future projections are visualized using dotted lines, helping traders anticipate potential levels of price movement.
3. **Momentum Analysis:**
- Incorporates **RSI (Relative Strength Index)** to evaluate overbought and oversold conditions.
- Allows users to adjust RSI settings, enabling a dynamic view of market momentum.
4. **Signals and Alerts:**
- Generates **Buy Signals** when:
- Price is near Fibonacci 38.2% or 61.8%.
- RSI indicates oversold conditions.
- (Optional) Volume surpasses its moving average.
- Generates **Sell Signals** when:
- Price exceeds Fibonacci 100%.
- RSI indicates overbought conditions.
- (Optional) Volume surpasses its moving average.
- Provides real-time alerts for these signals, keeping users informed.
5. **Customizable Visualization:**
- Enables users to adjust colors and styles for Fibonacci levels.
- Toggles future projections on or off based on user preferences.
6. **Moving Average Integration:**
- Includes a Simple Moving Average (SMA) for additional trend confirmation.
### Purpose:
This indicator is ideal for traders seeking to combine Fibonacci analysis with forward-looking projections and signal generation. It helps identify key levels in price action while providing valuable tools for decision-making.
Does this description fit what you’re looking for? Let me know if you'd like a summary or further adjustments! 😊
Custom Trading Strategyihave tryed to include the moving averages and moving averages channel alon with super trend to strde when above super trend and sell when below supertrend .
Combined Up down with volumeDescription of the Script: "Combined Up Down with Volume"
This Pine Script v5 indicator is designed to analyze price movements, volume conditions, and trend direction using moving averages (MA). It overlays key indicators on the chart to help traders identify potential signals based on price momentum and volume levels.
Key Features & Functionality:
1. User Inputs
use → Enables or disables the combination of momentum and volume conditions.
vol → Defines the minimum volume threshold (default: 1,000,000).
per → Specifies the minimum price change percentage (default: 5%).
2. Momentum & Volume Conditions
Rate of Change (ROC) Check:
Uses ta.roc(close, 1), measuring the percentage change in price over one bar.
If the absolute value of ROC is greater than or equal to the input percentage, it triggers a signal.
Volume Check:
If the volume of the current candle is greater than or equal to the specified threshold, it triggers a signal.
Plot Signals (Circles Below Candles):
If use = false:
ROC-based condition → Plots a circle below bars where the price change meets the threshold.
Volume-based condition → Plots a circle for bars where the volume exceeds the threshold.
If use = true:
Plots a small purple circle only when both conditions (ROC & Volume) are met.
3. Moving Averages (Trend Analysis)
20-period SMA (ma20) → Short-term trend indicator.
50-period SMA (ma50) → Medium-term trend indicator.
Color-coded 20-period SMA:
If the SMA is rising for 3 bars, it is Green (Uptrend).
If the SMA is falling for 3 bars, it is Red (Downtrend).
Otherwise, it is Gray (Neutral/Sideways market).
Both 20 and 50 SMAs are plotted on the chart, helping traders identify crossovers and overall trend direction.
Use Case:
This indicator helps traders spot: ✅ Strong price movements (+/- 5%) along with high volume, which could indicate breakouts or reversals.
✅ Trends & momentum shifts using color-coded moving averages.
✅ Potential trading opportunities when volume and momentum align.
AGX - BannerAdd a customizable top-banner watermark to your chart with this simple yet powerful overlay tool.
This script allows you to display key trading session reminders, HTF POIs, SMT, targets, or personal notes right on your chart—perfect for keeping your strategy visually front and center.
Features:
• 🔖 Editable Text Fields: Two fully customizable text boxes (including emojis & line breaks).
• 🎯 Position Control: Choose where the banner sits (Top, Middle, Bottom + Left, Center, Right).
• 🎨 Adjustable Style: Set font size, text color, background transparency, and border visibility.
• 📌 Default Setup: Comes pre-loaded with my personal plan:
🚩HTF POI or Sweep | 🪬SMT | ✔TARGET | 🤝CISD | ✅Entry
W • D • 6H • 3H
Use it as a clean watermark, a reminder, or even to brand your charts with your handle. Perfect for streamers, analysts, or anyone who wants to stay focused without cluttering the chart.
⸻
Hope it helps simplify your charting workflow—trade sharp, stay focused! 👊🏼
📸 Instagram: @aaronguerrerox
Ⅹ: @aaronguerrerox
Youtube: @aaronguerrerox
Math by Thomas FVG📌 Math by Thomas FVG – Fair Value Gap Detector
Overview:
The Math by Thomas FVG indicator automatically detects Fair Value Gaps (FVGs) using a three-candle logic. FVGs represent price inefficiencies where the first candle’s high/low does not overlap with the third candle’s low/high, creating a gap. This tool helps traders identify potential reversal or continuation zones, providing valuable insights into market structure and price action.
🔹 How It Works:
Bullish FVG:
Occurs when the current candle’s low is above the high of the candle two bars ago.
A green-shaded box marks the bullish FVG, highlighting a potential support zone.
Bearish FVG:
Occurs when the current candle’s high is below the low of the candle two bars ago.
A red-shaded box marks the bearish FVG, indicating a potential resistance zone.
Gap Filling Logic:
The indicator automatically removes FVGs once they are filled by price action, keeping the chart clean and relevant.
Bullish FVGs are removed when close ≤ the box's top.
Bearish FVGs are removed when close ≥ the box's bottom.
⚙️ Customization Options:
Bullish FVG Color: Choose the color for bullish FVGs.
Bearish FVG Color: Choose the color for bearish FVGs.
Max Box Count: The indicator dynamically manages up to 50 FVG boxes, ensuring optimal chart performance.
✅ Use Cases:
Identify price inefficiencies for potential entries and exits.
Combine with Order Blocks, support/resistance, or volume analysis for confirmation.
Useful for Smart Money Concept (SMC) and price action traders.
🔥 Enhance your trading accuracy with the Math by Thomas FVG indicator and gain insights into price inefficiencies! 🚀
Math by Thomas Order Blocks🔥 Description:
🚀 Math by Thomas Order Blocks is a precision tool for Smart Money Concept (SMC) and price action traders, designed to automatically detect Bullish and Bearish Order Blocks (OBs). It highlights key institutional trading zones where large orders are placed, helping you identify potential reversal and continuation areas.
⚙️ Key Features:
✅ Automatic Order Block Detection:
Detects Bearish OBs when price sharply reverses after a significant bullish move.
Identifies Bullish OBs following a sharp reversal from a bearish push.
✅ Dynamic Sensitivity & Volume Filter:
Sensitivity Control: Customize OB detection precision.
Minimum Volume Filter: Ensures OBs form only on significant volume spikes.
✅ Flexible OB Mitigation:
Choose between "Close" or "Wick" mitigation for OB invalidation.
Mitigated OBs are automatically removed from the chart.
✅ Adaptive Swing & Price Change Detection:
Adjusts OB detection logic based on timeframe for flexibility.
Uses adaptive rate of change (ROC) calculations to spot momentum shifts.
✅ Visual Customization:
OBs are displayed as shaded boxes with configurable background and border colors.
Bullish OBs = Green (support zones).
Bearish OBs = Red (resistance zones).
✅ Alerts for OB Touch:
Get real-time alerts when price touches a Bullish or Bearish OB.
Helps you catch potential reversal points without constant chart monitoring.
📊 How It Works:
Bullish OB Logic:
Detected when price crosses over a positive momentum threshold (ROC) with high volume.
Plots a green OB box from the low of the swing candle.
Bearish OB Logic:
Identified when price crosses under a negative momentum threshold with high volume.
Plots a red OB box from the high of the swing candle.
Mitigation Rules:
OBs are removed once invalidated by price action based on your chosen mitigation type (Close or Wick).
📈 Usage Tips:
Use Bullish OBs as potential support areas for buy entries.
Treat Bearish OBs as resistance zones for sell setups.
Combine with Fair Value Gaps, volume profile, and RSI for confluence.
Adjust sensitivity and volume filters to fine-tune OB detection.
✅ Chart Example:
The script displays:
Bullish OBs in green, marking potential support zones.
Bearish OBs in red, indicating resistance zones.
Real-time alerts when price touches OBs.
🔥 Why Use This Indicator?
Designed for intraday and swing traders aiming to identify institutional trading zones.
Helps you spot reversal and continuation setups with precision.
Ideal for Smart Money Concept (SMC), price action, and order flow traders.
budget cydynamic fib + ma cloud for trend spotting
auto retraced dynamic fib using SMA or EMA
adjustable ma cloud
Supply & Demand Zones + SMA CrossoverSupply & Demand Zones + SMA Crossover
This script combines Supply & Demand Zones with a 50 SMA and 100 SMA crossover strategy to identify key trading opportunities.
🔹 Features:
✅ Plots Supply (Resistance) and Demand (Support) zones based on swing highs and lows.
✅ Highlights zones dynamically with background colors.
✅ Includes 50 SMA and 100 SMA to track trend direction.
✅ Generates Buy signals (green arrow) when the 50 SMA crosses above the 100 SMA.
✅ Generates Sell signals (red arrow) when the 50 SMA crosses below the 100 SMA.
✅ Provides alert conditions for automatic notifications.
This tool is ideal for traders looking to combine price action with moving average crossovers to identify potential trade entries and exits. 🚀📈
Supply & Demand Zones + SMA CrossoverSupply & Demand Zones + SMA Crossover
This script combines Supply & Demand Zones with a 50 SMA and 100 SMA crossover strategy to identify key trading opportunities.
🔹 Features:
✅ Plots Supply (Resistance) and Demand (Support) zones based on swing highs and lows.
✅ Highlights zones dynamically with background colors.
✅ Includes 50 SMA and 100 SMA to track trend direction.
✅ Generates Buy signals (green arrow) when the 50 SMA crosses above the 100 SMA.
✅ Generates Sell signals (red arrow) when the 50 SMA crosses below the 100 SMA.
✅ Provides alert conditions for automatic notifications.
This tool is ideal for traders looking to combine price action with moving average crossovers to identify potential trade entries and exits. 🚀📈
CPR with S&R and Camarilla Pivots [Corrected]The CPR (Central Pivot Range) and Camarilla Level Indicator are powerful technical analysis tools detailed in the Pivot Boss book by Frank Ochoa. Both are designed to enhance trading precision by identifying key support, resistance, and value zones in the market.
CPR (Central Pivot Range)
The CPR is a multi-level indicator that highlights key price zones where significant market reactions often occur. It consists of three main lines:
Pivot Point (PP): The central baseline calculated using the previous day's high, low, and close.
Top Central Pivot (TC): A resistance zone derived from the PP.
Bottom Central Pivot (BC): A support zone derived from the PP.
The CPR is highly effective in determining potential price action zones for breakouts, reversals, and trend continuation.
Key Insights:
A narrow CPR indicates a potential breakout or trending move.
A wide CPR suggests range-bound or choppy conditions.
Price consistently closing above the CPR signals bullish strength, while closing below it signals bearish dominance.
Camarilla Level Indicator
The Camarilla Indicator is a volatility-based tool that establishes key intraday support and resistance levels using a proprietary formula. It generates multiple levels (H1-H4 for resistance and L1-L4 for support), each indicating different trading strategies:
H3/L3: Key breakout or reversal levels.
H4/L4: Crucial extreme levels often seen as stop-loss or breakout targets.
H5/L5 (optional): Rarely reached levels that suggest extreme price movement.
Key Insights:
Price action near H3/L3 is ideal for reversal trades.
Breakouts beyond H4/L4 often signal strong momentum plays.
The Camarilla strategy is favored for precision entries and exits in fast-moving markets.
Both indicators excel when combined with price action analysis, volume confirmation, and key candlestick patterns. Traders use these tools to forecast potential turning points, improve trade timing, and manage risk effectively.
Dual Keltner Channels Strategy [Eastgate3194]This strategy utilised 2 Keltner Channels to perform counter trade.
The strategy have 2 steps:
Long Position:
Step 1. Close price must cross under Outer Lower band of Keltner Channel.
Step 2. Close price cross over Inner Lower band of Keltner Channel.
Short Position:
Step 1. Close price must cross over Outer Upper band of Keltner Channel.
Step 2. Close price cross under Inner Upper band of Keltner Channel.
