This script is a trend following template for intraday trading. When the moving averages cross, you get your signal to look for buy/ sell trades only. wait for price to pullback before entering for continuation trades. Can be used for counter trend trading strategy as well. Best used with heiken-ashi candles.
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This update has the Doji indicator as well as all the MA's being updated to EMA's, including a third one to signal a scalp entry on the M5 timeframe.
The entry parameters are when the 50 and 200 cross green over red that is an uptrend, scalps should be for buys only. When the 50 and 200 cross red over green that is a downtrend, scalps should be for sells only.
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I removed the standard pivot points which were not customizable, I made the moving averages a step moving average. The buy and sell signals are less frequent. so they are more accurate
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removed background color of sessions. there was a glitch in the previous version.
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Removed the bias overlay for fractals. Script is now Asian Range breakout template with 5, 50 and 200 EMA cross for confluence.
The strategy can be found on Stacey Burke Trading youtube channel.
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Updated image snapshot and title of the script, so it can be easily seen what the purpose of the indicator is!!!!
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updated the setting for the pivots. best settings are 3,5, or 7 days, 2 weeks, 2 months, 2 years. the higher the number the more time included up to a limit for each time period.
Skrip ini diterbitkan secara sumber tertutup dan anda boleh menggunakannya dengan bebas. Anda boleh menyukainya untuk menggunakannya pada carta. Anda tidak dapat melihat atau mengubah kod sumbernya.
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.