muzikalink

BSzone-Commotools.Ver.pro

muzikalink Updated   
Tool summary: averaging down the cost of capital with lines and color zones
* This version is upgraded: automatically add price values to arrows;
(if this version is too complicated with high decorations, you can back to version basic - with no added info)

Usage
- Main Buy signal showed as white up arrow. Main Sell signal showed as white down arrow
- Recommended time frame: H1 (hourly)
- This strategy can include one main white signal togehter withe many long entries when the market is bullish or many short entries when the market is bearish.
- We can place an order at every recommended entry signal (ex: up white arrow appears - signal to buy) and wait until the recommended signal to close the previous entry (when white down arrow appears - signal to sell). And we should always put a stoploss order with same value for all of the former submitted orders.

When to buy
- When the market is bullish in H1 time frame, buy at White up arrow and at any green up signals ^

When to Sell
- When the market is bullish in H1 time frame, buy at White up arrow and at any orange down signals v

When to stop all
Always place a stoploss order trailing along with buy or sell orders
Release Notes:
Update signal buy sell at one next candle (previous version: signal appears at 2 next candles)
Invite-only script

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Disclaimer

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Author's instructions

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