please note before using this script please do necessary back testing from your end,.
Disclaimer : please consult your financial advisor before Buying/selling stocks based on this indicator. This is created for educational purpose and user of this indicator is solely responsible for result.
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 yogi1984 for more information, or follow the author's instructions below.
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1. if trading stocks/Indices - please use 5 Minute time frame for effective result.
2. one receive Buy signal - get in to trade after breaking the high of the trigger candle, in case of sell low needs to broken of trigger candle.
3. For Commodity - use 15 mins or 30 mins time frame to get effective results.
4. do not make any trade in Highlighted trading zone - colored channel needs to break to either side to get in to the trade.
5. please follow risk reward ratio while trading,