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TSG's Beast Signals

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This indicator is built with the purpose of keeping things simple and user-friendly. It is a custom formula I developed lately and it signals pretty accurately changes of direction in the price.
Added an Alert option to it lately - with customizable messages.
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HOW IT IS DONE

I make great use of the Average True Range indicator which is the best and simple volatility indicator out there and mix its behavior with several Moving Averages to catch exhaustions of trends and potential reversal points. Moving Averages are treated as bands and the price is kept within it (Something like Bollinger Bands , but custom).

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WHAT TIMEFRAMES TO USE IT ON

The bigger the timeframe, the less noise you will have. It is playing out nicely to signal major trend reversal or retracements, but I used it for scalping aswell.

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PLANS

Maybe MultiTimeframe table to align signals coming from different timeframes for better accuracy of entry?



Good Luck!

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.