Jigga - All Together

Hi All,

We know that one single indicator does not help to take decision. We need combination of indicator to make it work.
I have just added below indicator together
2) RSI
3) Moving average cross over
4) ADX
5) William %R

I have decided few condition as below.
Indicator: MACD , Positive : MACD > Signal Line , Negative : MACD < Signal line
Indicator: RSI , Positive: RSI > Upper band , Negative: RSI < Lower band
Indicator: EMA Cross over , Positive: Fast MA > Slow MA , Negative: Fast MA < Slow MA
Indicator: ADX , Positive: ADX increasing , Negative: ADX decreasing
Indicator: William%R , Positive: %R > Upper band , Negative: %R < Lower band

Indicator value = +1 if it satisfy positive condition and -1 if satisfy negative condition. Final output line will be sum of all indicator values.

I have also added higher time frame lines to have more visibility.

NOTE: This study will be used to see trend momentum and can not be used to trade using this. Please consider reversal candle pattern also.

My Trading style :
Step 1) Wait for indicator to go red for few days.
Step 2) Buy when line turns to green or touches 0 line.
Step 3) Keep stop loss at last swing low
Step 4) Keep trailing stop loss until you get reversal candle pattern.
Release Notes: Update Note-
Added Supertrend and ChainkinMF.
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Want to use this script on a chart?


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out