MoonLyft_200kMonthly

KayeDinero TrendSetter HFX NFX

This script combines my volume and trend indicators with an added flare.

The mindset for this strategy is a trending market, where price is moving in a consistent direction with some reversals.

The most unique concept of this script is the background calculator (divergent). This is different from other scripts on the platform because of the close tie in with the relative strength index as well as the on balance volume. The divergent lets you know of overbought and oversold conditions.

Another unique take, is the use of the Keltner Channels, which provides insight on volatility.

Best Traded during Hours 3am to 12am EST (NY Time).
This method works best in trending markets.

Time Frame, 1,3,5,15,30min
Currency Pairs: All Major, Exotic, Crypto

Here's The Strategy:
Oversold and Buy: When those are present, proceed to take a buy (call) option.
Overbought and Sell: When those are present, proceed to take a sell (put) option.

Keep in mind, timeframe will depend on your time of trading in the markets.
Morning typically 2-4min
Afternoon / Evening: 3-5min

Hint:
Best Trades on reversals at top and bottom of Keltner Channels.
Release Notes:
Note:
This version shows only the indicator / script being used.
The script is perfect by itself.
Be on the lookout for the updated photo.

Thanks for checking this out!

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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