kali algo trade Hodl/swing/scalp

This algo proposes several elements:
- Trend indicator (bottom)
- Divergence label
- Supertrend label
- EMA
- Danger zone WMC overbought/overbuy
- Background color red/green for buy zone sell zone

It can be used for scalping, swing trading or finding buy zones/ sell zones for long term positions.
In the case of short term positions, remember to look for trend confirmation on higher periods. The trend indicator can help you.


The red and green background color areas are found by the following indicator:
- MFI
- RSI
- StochRSI
- ema
- W%R_21e13
This indicator offers different and automated parameters depending on the time interval displayed.
Buy zones are more optimized than the sell zones.
In my opinion, this is the most important tool in the whole algo


With this algo you can quickly switch from one currency to another and adapt the timeframe to find the best configuration.

Release Notes:

v2 update

Release Notes:

update v3

Release Notes:

update V4
-Added a bakcground color between the ema21 and the candle close. Green for RSI oversold and red for RSI overbought.
-Changing the color of the bottom trend line.

Release Notes:

update V5
- Changing the shape of the ema ribbon.
- Adding possibility to disable the ema ribbon by changing the transparency in the settings.
- Adding a light green and light red color to the background color.
- Adding an alert on the green background color.
- Clean up of the configurations settings .

Release Notes:

update V6
- Changing the zones of apparition of the Danger ++ elements.
- Renaming of the Danger ++ elements to Div ++.
- Disabling the display of the supertrend signal during the initial display.

Release Notes:

update V6.1
- Minor bug fix

Release Notes:

update V6.2
- Minor bug fix