Utilizing the TVI (Transactional Value Index - Link below for indicator / setups) You can pretty much guess when any instrument could slow down, last stand in a pullback and the last few candles before losing its strong trend.
It varies per person, a short term trader can use this, Long term traders can hedge with options.
A great tool for my trading. Thought I will share this.
This utilizes TVI indicator, currently the TVI is manipulated manually, I have automated a version for future release.
qucik explanation plz ... i see you are doing something with sma(tr,len123)
dn3 = ma2 - rng2 * 3.2
// Low Probability Trade Setup
ERhigh1 = high > up1 ? 1 : 0
???? what are you comparing and what component makes it work like a oscillator
ElGato
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Looks like a very handy tool for binary trading as well! Nice!
UDAY_C_Santhakumar
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yes, derivatives with definite expiry time should work.
UDAY_C_Santhakumar
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How awesome does this look?
UDAY_C_Santhakumar
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Enough warning at good spots.
dougl1965
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EurUsd 60 min chart looks good too! UCS, do you have a good way to combine these indicators and use an alert? And if we have to just use the T&B as the alert, what piece of the code do we base it off? I know I've asked this before...just haven't figured it out? thanks again!
I'm surprised that more people do not "like" this awesome indicator. I find it extremely useful. Now, I'm just trying to figure out how to add a sound alert to it.
UDAY_C_Santhakumar
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Thats How you will profit from AAPL
UDAY_C_Santhakumar
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Guys/Gals. Based on comments and im's i received, Planning to update this with the following options.
1. Custom Inputs to create your definition of time frames
2. Options to plot this as bgcolor or label along with a bar count.
3. implementing the editable function
4. Choice of using TVI / RSI.
add your comments to this post. So i can improve this indicator.
dn3 = ma2 - rng2 * 3.2
// Low Probability Trade Setup
ERhigh1 = high > up1 ? 1 : 0
???? what are you comparing and what component makes it work like a oscillator