POWER OF STOCK'S 5 EMA BUY / SELL

25 Okt 2022

Indicator is based mainly on two conditions :

1. Previous candle should not touch 5 EMA.
2. Current candle should close “ABOVE/BELOW” 5 EMA.

Features -
* Buy candle is represented by Aqua Color
* Sell candle is represented by Fuchsia Color
* You can set Risk: Reward ratio. ( Default = 1:2)
* It also shows label for Entry, Stop Loss & Target.
* Suggested timeframe 15 Minutes for intraday.
* Use closing basis Stop loss.

28 Okt 2022

Nota Keluaran

Added option to check previous signals, which will help to back test.
Untick "Delete Previous Buy/Sell Signals" from settings to see all previous signals.

3 Nov 2022

Nota Keluaran

Code added for alert candle trade.

3 Jan 2023

Nota Keluaran

Bar color & Label color are editable now. ( Both will have same color)

4 Jan 2023

Nota Keluaran

Buy Sell signal only generated when alert candle high/low breaks.

4 Jan 2023

Nota Keluaran

Small change.

4 Jan 2023

Nota Keluaran

Buy Sell mark below/above candle.
Bar color only for high/low breaching candle.

7 Mac 2023

Nota Keluaran

Color Bug Fix.

8 Mei 2023

Nota Keluaran

What's new ---
Now we will have 3 options to trade with this script.
1) 5EMA + BB Strategy
2) 5 EMA Buy/Sell(Trade With 5 EMA Reversal Confirmation)
3) Alert Candle Buy/Sell (Trade Without Reversal Confirmation)

Updates --
A) 5EMA + BB Strategy
- When we combine "5EMA + BB", It will eliminate many false signals. Which will improve our accuracy while trading.
- In BB value of standard deviation is set to 1.5
B) Option provided to unable/disable bar color for entry candle.

22 Ogo 2023

Nota Keluaran

Small Bug Fix.

25 Apr 2024

Nota Keluaran

Calculation error updated.

4 Mei 2024

Nota Keluaran

New -
1. Added extra condition for trading with POS alert candle. While generating signals it will now consider RSI value also. It is made available separately(4'th option). You can also change respective RSI values as per your requirement.
2. Table is added which will shown RSI value.

7 Mei 2024

Nota Keluaran

New Update Contains :
1] Daily VWAP
2] CPR – Daily & Tomorrow.
3] Virgin CPR ( Supported Timeframes : 1,3,5,10,15,25,30,60,75 )
4] HIGH/LOWS:
a) Previous Day/ Week / Month
b) Current Day/ Week / Month
c) ATH/ATL/52 Week High/Low

8 Mei 2024

Nota Keluaran

Added option to change colors for BB Basis, Upper & Lower.
Added Weekly VWAP.

Removed EMA Segment as there is already 20 SMA & 5 EMA is present.

16 Sep 2024

Nota Keluaran

1] Updated Virgin CPR-
VCPR will remain present throughout the day even if touched.
2] Alerts-
Alerts are available for use. It can be used for all 4 strategy.