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Rockstar Long Take profit flag
Flag to indicate a good time to consider taking profit if you are in a long position.
The indicator will show a green diamond in an uptrend where the price is overbought and could pull back.
Conditions for flag:
Price above 20MA
20MA above 50MA
50MA above 200MA
RSI > 70
Close price is far from 20MA (about to pull back and overbought)
All inputs configurable in the settings for the indicator.
Please do not trade based on indicators alone. Use your strategy and be careful!
The indicator will show a green diamond in an uptrend where the price is overbought and could pull back.
Conditions for flag:
Price above 20MA
20MA above 50MA
50MA above 200MA
RSI > 70
Close price is far from 20MA (about to pull back and overbought)
All inputs configurable in the settings for the indicator.
Please do not trade based on indicators alone. Use your strategy and be careful!
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