Its based on ichimoku, i removed cloud and mod some changes for better use in intraday trading. It can be used in stocks and index as well.Not tested on MCX and Forex. Just watch at crossover of tenkan and kijun that RSI macd is above 60 and zero or not? If all three parameters meet go for long... exit when again another cross happen or rsi go below 40.for sell side watch for rsi below 40 and macd below zero line while crossover of kijun tenkan. Better to use it with RSI+Macd Fast to get more accurate results.
#for better confirmation look value of VWAP and decide accordingly
Do back test before using it. Happy Trading Love INDyAN
#change line color as per ur wish but value should be same as it was default entered.
Release Notes
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Added BUY/SELL and Take Profit for better understanding. Also plotted vwap and supertrend for better confirmation.
Release Notes
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Updated Alert Now just select ANY ALERT FUNCTION CALL from alert and it will fire alert for Buy Sell and Take Profit
No need to add alerts separately for each condition
Hi Can u add alerts to this indicator so that basic plan users will get all the alerts since they have is one alert. They can get Both Buy and Sell along TP
@Indyan, Hi How Buy and Sell are calculated... because yesterday it didn't give any sell during 2000 points fall.. it gave only TP once TP means that trade will be closed right.. so no new entry ..is there any way to reset the signal for intraday..so jus want to know how it is calculated
hiremathharish
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Sir, can I get your e-mail address
spiritneeraj
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'RSI+MacD Fast' .. where is it.. I cant find.
Thanks
Indyan
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@spiritneeraj, It was removed by tradingview, i am working on it. Will post new one soon.