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Sheavy XXX

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USE INDICATOR WITH YOUR OWN RISK
ANY OR ALL LOSSES/WINS WILL NOT BE HELD RESPONSIBLE BY THE CREATOR OF THIS SCRIPT.


SHEAVY will give white for LONG entries and DEEP red for SHORT
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WHITE SHEAVY signal + DEEP RED candles = MED-HIGH risk LONG entry
WHITE SHEAVY signal + BRIGHT RED candles = MED risk LONG entry
WHITE SHEAVY signal + WHITE candles = LOW risk LONG entry

DEEP RED SHEAVY + DARK GREEN = HIGH risk short
DEEP RED SHEAVY + BRIGHT GREEN = MED RISK SHORT
DEEP RED SHEAVY + DEEP RED = LOW risk short
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RSI Candles V5 : RSI period (14)
LIME GREEN = very over bought +85
DARK GREEN = overbought +65

DARK RED = oversold -40
BRIGHT RED = very oversold -15

New parameters in order to enter trade based on PA and volume

cross over technique may be applied after the long / short call using the Gaussin MA
if Long call and gaussin goes over PA you may exit until gaussin is under PA
vice versa
Nota Keluaran
Sheavy Line now visable
Nota Keluaran
New title
buy sell flags now visable
Nota Keluaran
New alerts to be sent to email
custom flags for specific entries and exits determined by the overall trend

video tutorial will be later published after the indicator is finalized

color changes

instead of deep red / maroon we have yellow for bearishness
instead of of dark green / sage we have cyan for bullishness


same goes for the gaussin line, cyan = bullish yellow = bearish
Nota Keluaran
USE INDICATOR WITH YOUR OWN RISK
ANY OR ALL LOSSES/WINS WILL NOT BE HELD RESPONSIBLE BY THE CREATOR OF THIS SCRIPT.


SHEAVY will give LONG/SHORT signals as well as their corresponding closing order
Long - EXIT (yellow)
Short - CLOSE (cyan)
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Long + Yellow candles = MED-HIGH risk LONG entry
Long + BRIGHT RED candles = MED risk LONG entry
Long + WHITE candles = LOW risk LONG entry

Short + Cyan = HIGH risk short
Short + BRIGHT GREEN = MED RISK SHORT
Short + Yellow = LOW risk short
----------------------------------------------------------------------------------
RSI Candles V5 : RSI period (14)
LIME GREEN = very over bought +85
Cyan = overbought +65

Yellow = oversold -40
RED = very oversold -15

New parameters in order to enter trade based on PA and volume

cross over technique may be applied after the long / short call using the Gaussin MA
if Long call and gaussin goes over PA you may exit until gaussin is under PA
vice versa



Release Notes: New title
buy sell flags now viable

alerts to be sent to email
custom flags for specific entries and exits determined by the overall trend

video tutorial will be later published after the indicator is finalized

(Less clutter than previous with the removal of the Sheavy and Gaussin Line)

STANDARD Settings/Variables
Sheavy av = 30
Sheavy Length = 14
and is to be used for a SWING TRADE/DAY TRADE STRATEGY

Scalping Parameters must be adjusted to
Sheavy Av = 4
Sheavy Length = 2

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.