ChrisMoody

CM Sling Shot System

Sling Shot System + Even Better System.

I get this email about a Trend Following System that sells for $1000 but I could get it that day for only $500!!!

I watch the video showing this Amazing System which may have taken me an entire minute to figure out the code.

I code it up. And Hey…It’s not a bad system. It’s good for people who may need a Entry Signal to get them in a Trending Move, and KEEP them in a Trending Move while providing a defined Stop.

So I thought I would save the community the Very Fair price of Only $500 for a system that consists of a couple of EMA’s and a few Rules…and give it to you for free.

See Link Below for Main Chart Showing 2nd System!!!
Keluarkan daripada Skrip Pilihan Tambah kepada Skrip Pilihan
//Created by ChrisMoody on 10-05-2014
//Known as SlingShot Method that keeps Traders on Trending Side of Market.
study("CM_SlingShotSystem", overlay=true)
sae = input(true, title="Show Aggressive Entry?, Or Use as Alert To Potential Conservative Entry?")
sce = input(true, title="Show Conservative Entry?")
st = input(true, title="Show Trend Arrows at Top and Bottom of Screen?")
def = input(false, title="Only Choose 1 - Either Conservative Entry Arrows or 'B'-'S' Letters")
pa = input(true, title="Show Conservative Entry Arrows?")
sl = input(false, title="Show 'B'-'S' Letters?")

//EMA Definitions
emaSlow = ema(close, 62)
emaFast = ema(close, 38)
//Aggressive Entry or Alert To Potential Trade
pullbackUpT() => emaFast > emaSlow and close < emaFast
pullbackDnT() => emaFast < emaSlow and close > emaFast
//Conservative Entry Code For Highlight Bars
entryUpT() => emaFast > emaSlow and close[1] < emaFast and close > emaFast
entryDnT() => emaFast < emaSlow and close[1] > emaFast and close < emaFast
//Conservative Entry True/False Condition
entryUpTrend = emaFast > emaSlow and close[1] < emaFast and close > emaFast ? 1 : 0
entryDnTrend = emaFast < emaSlow and close[1] > emaFast and close < emaFast ? 1 : 0
//Define Up and Down Trend for Trend Arrows at Top and Bottom of Screen
upTrend = emaFast >= emaSlow
downTrend = emaFast < emaSlow
//Definition for Conseervative Entry Up and Down PlotArrows
codiff = entryUpTrend == 1 ? entryUpTrend : 0
codiff2 = entryDnTrend == 1 ? entryDnTrend : 0
//Color definition for Moving Averages
col = emaFast > emaSlow ? lime : emaFast < emaSlow ? red : yellow
//Moving Average Plots and Fill
p1 = plot(emaSlow, title="Slow MA", style=linebr, linewidth=4, color=col)
p2 = plot(emaFast, title="Slow MA", style=linebr, linewidth=2, color=col)
fill(p1, p2, color=silver, transp=50)
//Aggressive Entry, Conservative Entry Highlight Bars
barcolor(sae and pullbackUpT() ? yellow : sae and pullbackDnT() ? yellow : na)
barcolor(sce and entryUpT() ? aqua : sce and entryDnT() ? aqua : na)
//Trend Triangles at Top and Bottom of Screen
plotshape(st and upTrend ? upTrend : na, title="Conservative Buy Entry Triangle",style=shape.triangleup, location=location.bottom, color=lime, transp=0, offset=0)
plotshape(st and downTrend ? downTrend : na, title="Conservative Short Entry Triangle",style=shape.triangledown, location=location.top, color=red, transp=0, offset=0)
//Plot Arrows OR Letters B and S for Buy Sell Signals
plotarrow(pa and codiff ? codiff : na, title="Up Entry Arrow", colorup=lime, maxheight=30, minheight=30, transp=0)
plotarrow(pa and codiff2*-1 ? codiff2*-1 : na, title="Down Entry Arrow", colordown=red, maxheight=30, minheight=30, transp=0)
plotchar(sl and codiff ? low - tr : na, title="Buy Entry", offset=0, char='B', location=location.absolute, color=lime, transp=0)
plotchar(sl and codiff2 ? high + tr : na, title="Short Entry", offset=0, char='S', location=location.absolute, color=red, transp=0)

Komen

What do the yellow circles mean? (the ones stacked on the candle top)
+132 Balas
Great!
What time range is this ideal?
day / 4hr / 2hr / 15m / else ?
+85 Balas
mianleo OrBar
@OrBar, 30 minute
+16 Balas
Hi Chris, is there a way to get an alert every time the lines switch from red to green? or green to red? thanks for sharing
+42 Balas
@hmanzman, i'm here to know 2
+1 Balas
pikachuventures lucasgherculano
+1 Balas
I want this indicator for my mt4. How do I download it? and where's the link to get it?
+38 Balas
Is it possible to set alerts on this system?
+32 Balas
vicky123459 Traderchiel
@Traderchiel, I just created a version with alerts. It's named "CM Sling Short System ".
+12 Balas
Choudhary122 vicky123459
@vicky123459, any changes
Balas
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