This indicator looks for confluence among three indicators (RSI, Stochastic, and MACD), a strategy popularized by Markus Heitkoetter in his book, “The PowerX Strategy: How to Trade Stocks and Options in Only 15 Minutes a Day”, and expands it to look for agreement on up to four symbols. Each indicator is configurable in the settings, as well as the ability to...
Enhancement on the Lazy Strength Indicator 1. Diamond at the bottom shows the trends RED: Downtrend BLUE: Uptrend 2. Arrows at the top show the Buy/Sell signals BLUE: BUY RED: SELL Wait for the Diamond and Arrows to be aligned. RED diamond + RED Arrow = SELL at the next candle open BLUE arrow + BLUE Arrow = Buy at the next candle open This...
Comprehensive Trend Trading System Indicator made up of the four components to help you successfully trade market trends: Entry Signals (Green & Red Arrows) The entry arrows indicate entry conditions are present. Green for long entries and red for short entries. If you already in position in the direction of an entry signal, ignore it. Switch to position...