Noise Reduced. >1hr time frame is best. Default all the option disabled.Enable as per your choice.
Code updated to Version 3
1. Two types of Selection possible ( In Indicator Formats --> Inputs Choose the options for strengthmeters and Background Color) Enable disable OPTION 1 to see the change.
2. Early Exit STARs Added . Red star above the candle indicate to cover the long position for quick profits; STAR below the bar shows Early exit of short position.
3. Trade only in color transistions (Blue to Black ) or Black to Blue and when BackGround Color become Green or Red. Strengthmeter based BgColor activated in this version.
4. Yellow BackGround Color ;do not enter new trade ;Continue the trade or cover the previous long or short trades.
5. Autoview Auto Trading possible ;Alerts included (Indictor version will be released seperately with all these updates)
6. Make use of Average lines to take accurate trades.
7. Make use of PSAR for deciding the trades.
8. Background 5,15,30min Average line check added. Enable the option to get this .
All the settings are available in Indicator--> Format --> in Input Section. Color change possible using Style Tab.
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Can be used in FOREX,BITCOIN,OIL,Index,Equity,Bond Markets.
Greater than 1Hr Time Frame Good. Less time Frame like 15min 30min and 45Min please use with more caution.Thank you!
Trial Access for testing will be given within 24 hours.Check your private message for to know the access status in tradingview.
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