1. HIGH/LOW PIVOT:
- Pivot Left: 10
- Pivot Right: 10
- Long trend identification: Higher High occurs after Higher Low.
- Short trend identification: Lower Low occurs after Lower High.
2. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 20.
3. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
- Short trend when closes candle is below the red line.
4. OPEN POSITION RULE:
- BUY/LONG: reject to Supertrend at current timeframe.
- SELL/SHORT: reject to Supertrend at current timeframe.
- Pivot Left: 10
- Pivot Right: 10
- Long trend identification: Higher High occurs after Higher Low.
- Short trend identification: Lower Low occurs after Lower High.
2. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 20.
3. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
- Short trend when closes candle is below the red line.
4. OPEN POSITION RULE:
- BUY/LONG: reject to Supertrend at current timeframe.
- SELL/SHORT: reject to Supertrend at current timeframe.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.