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AmarsinghShinde24
25 Okt 2022 pukul 14.46

POWER OF STOCK'S 5 EMA BUY / SELL  

NSE:HCLTECH15
HCL TECHNOLOGIESNSE

Huraian

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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.

Nota Keluaran

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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.

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Code added for alert candle trade.

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

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

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Small change.

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

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Color Bug Fix.

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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.

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Small Bug Fix.

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Calculation error updated.

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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.

Nota Keluaran

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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

Nota Keluaran

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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.
Exponential Moving Average (EMA)5emabuySELLsetup
Komen
Empty_77777
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Hi !! Not working in BNF .
Working fine in Nifty .
Please look into it and update if any changes .
Amitkumar200c
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sir cn change color of aqua as buy for green and red for sell and combine with hilega milega
AmarsinghShinde24
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@Amitkumar200c, You can change color from setting. We could not combine both scripts as both have different planes.
SagarCapital
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thanks
DEEPAKANEED1985
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Can you include the bb upper , lower and base line colour change also in the script.
AmarsinghShinde24
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@DEEPAKANEED1985, Updated.
DEEPAKANEED1985
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All in one indicator. Thank you
KedarBorkar
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if you add alerts with this that will be really help full.
AmarsinghShinde24
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@KedarBorkar, will add alerts in next month.
MK_trader81
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Hello, There is a bug in the script when it shows the 5 EMA based bearish position Stop-loss, Entry and Target prices.
It shows the target price as if it is a bullish position by adding the Target points to the Entry price instead of subtracting them to get a lower value. It currently wrongly shows a higher value. Can you please fix it? Thanks! :)
Lebih