Basic of usage:
1. TrendBand Color
Red : Chart in condition
Green : Chart in condition
Purple Line : Current trend direction
Red Line : Long term trend direction
2. Candle Color
Green Lime : Breakout 20 days high with more than average .
Red : Oversold condition base on (14) days - below 35.
All color can be change from format menu.
When TrendBand in RED, find any breakout or pullback setup.
When TrendBand in Green, it show weakness in trend..find any potential rebound setup.
- change from green arrow up to green triangle up
- change green candle breakout calculation
- red triangle down, when price make new high but close lower
- black triangle up, when price make new low but close higher
ADD : Alert Condition for Green Candle, Green Triangle and Black Triangle
- Orange Candle
ATR Trailing Stop
- blue cross and horizontal red line
- only appear at green candle
- Breakout Candle
- Trailing Stop
- Break Weekly Low
- Oversold Mode
- black triangle (less signal)
- option to chose MA or EMA for Long Term Line
- Change title "MA200" to "Long Term"
- Additional alert for "Oversold Entry"
- New label with suggestion trading idea
- Spesific for trendband guide signal
3. Trailing Stop
- Improve calculation
4. Add On
- Green Bar Line (breakout line)
- Red Bar Line (bearish engulfing line)
- Red Alert
5. New Alert !
- Signal Trendband (all in one)