aixguru

Arbitrage SR v1.45

aixguru Updated   
Fact: Support and resistance are the foundation of every trade.

Are you tired of looking for support?
That’s static?
Doesn’t work all the time?
Tired of guessing when the stock will stop falling?
Taking profit too soon?

Well look no further Arbitrage SR is here to help you have better entrances and superb exits.

If you’re no stranger to Arbitrage bands this little gem will help your confidence levels soar!

Let’s keep this easy:
Only buy when the maroon line is sitting on the bottom of the support line

Only sell when you see the maroon line up against the the top resistance line. If you like elliot waves. You will love Arbitrage SR.

This is the single most asked question: Am I too late to enter the trade? The answer is simple Wait for the maroon line to touch support and that's your next entry into the trade.

Use it on any time frame. We personally love the 15 minute and Daily.

As always thank you for your support

Arbitrage Trade Team
Release Notes:
Arbitrage Support And Resistance now supports 4 smaller bands which will allow for the most accurate entry and exits within the market.

New Band - Money - this band is so accurate it's like printing money
Scalp Band - This is ideal for scalpers who only want to trade for a short duration.
Compass Band - This Band is very similar to a Bollinger Band in it's execution
RSI Band - This Band is the Band that surrounds the heart of the Arbitrage Band System when used in conjunction with the Atlas Indicator confirmation of trends become easy to see on any time frame.

Merry Christmas and Happy Holidays,
Your Arbitrage Trade Team

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact aixguru for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Want to use this script on a chart?

Warning: please read before requesting access.