This script uses maximums and minimums of 4 hours and 30 minutes, giving possible rebound points, once the price reaches the overbought or overbought we will look for resistance or support that indicates a change in trend, to take operations, and with the EMAS of 200, 100 AND 50, we can see the trend, to operate in favor of it, this will give us a greater chance of success in our trade
Default values:
Bollinger Band Lenght=20 Mult=2
Bollinger Band 2 Lenght=20 Mult=2.5
EMA Period=200
EMA Period=100
EMA Period=50
Support and Resistance to 30 min and 4 hours
This configuration is the preferred one, it gives us reliable entry points, but with the help of price action we can achieve greater possibility of success in the trade
Release Notes
The color and thickness of the EMAS have been changed to look better when placed on the chart.
Release Notes
Renamed to make indicators easier to search
Release Notes
It is updated to version 4 and now you can choose the strategy you want
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