INVITE-ONLY SCRIPT
Glow-Node
Updated
This indicator uses multiple different indicators in confluence to identify the direction of the trend, pullback zones, accurate entry points and even exit points to give you a simpler trading experience!
Colour Changing Candles
Our first focus was to identify the direction of the trend so we created an indicator to do just that. Instead of having lots of indicators covering your screen we have set the candles to change colour when the trend changes direction! This means you can focus on taking buy trades when the candles are blue and sell trades when the candles are purple.
Glow Cloud
Our unique cloud works as a support and resistance zone, as well as giving you additional confirmation of the direction of the trend. When the price is above the cloud we’re in a buying market and when the price is below the cloud we’re in a selling market. We can also use breakouts and retests of the cloud to find good trade ideas.
Integrated Volume Indicators
Our volume indicators are working hard in the background to give us a better understanding of the market bias. Although you cannot see the indicators, they are used in confluence with the rest of the features to give us more accurate signals. You can also see whether the volume indicates bullish or bearish momentum using the confirmation table.
Main Signals
Our main signals work best between the 15m-4h timeframes. This feature will send you trading signals based on a few different strategies including MA crossovers. Glow Node will only send the signal when all of the confirmations align, giving you an extremely accurate trade set up. The confirmations consist of the market being in an uptrend, bullish volume, above the cloud and then a cross over signal with our secret tool for a buy trade and vice versa for a sell trade.
Scalping Signals
We know how much you all love scalping! When you drop to a 5 minute timeframe or lower, the main signals disappear and you will only be able to see the scalping signals. The scalping signals are triggered when the market pulls back to the cloud and rejects it meaning you can catch all the pullbacks and continuation as you trade with the trend! We’re honestly extremely excited about this feature!
Confirmation Table
Our confirmation table will tell you if all of the features above are in confluence with each other giving you great trading opportunities. It will also show you what direction the market is trending on higher timeframes. This means you can trade with a higher timeframe trend without having to change your screen. You also don’t have to put lots of effort into adding more confirmations if you miss a signal you can use your own strategy and the confirmations from this table to create your own trade ideas.
Stop Loss Indicators
Stop losses are always a topic of conversation when it comes to trading, do you place your stop loss below the previous low? Previous candle? Below a moving average? There’s so much confusion when it comes to where to put your stop loss so we added 2 different stop loss features which you can decide between. We are always optimising our stop loss settings with the current market conditions so that you can take less losing trades and focus more on winners!
Colour Changing Candles
Our first focus was to identify the direction of the trend so we created an indicator to do just that. Instead of having lots of indicators covering your screen we have set the candles to change colour when the trend changes direction! This means you can focus on taking buy trades when the candles are blue and sell trades when the candles are purple.
Glow Cloud
Our unique cloud works as a support and resistance zone, as well as giving you additional confirmation of the direction of the trend. When the price is above the cloud we’re in a buying market and when the price is below the cloud we’re in a selling market. We can also use breakouts and retests of the cloud to find good trade ideas.
Integrated Volume Indicators
Our volume indicators are working hard in the background to give us a better understanding of the market bias. Although you cannot see the indicators, they are used in confluence with the rest of the features to give us more accurate signals. You can also see whether the volume indicates bullish or bearish momentum using the confirmation table.
Main Signals
Our main signals work best between the 15m-4h timeframes. This feature will send you trading signals based on a few different strategies including MA crossovers. Glow Node will only send the signal when all of the confirmations align, giving you an extremely accurate trade set up. The confirmations consist of the market being in an uptrend, bullish volume, above the cloud and then a cross over signal with our secret tool for a buy trade and vice versa for a sell trade.
Scalping Signals
We know how much you all love scalping! When you drop to a 5 minute timeframe or lower, the main signals disappear and you will only be able to see the scalping signals. The scalping signals are triggered when the market pulls back to the cloud and rejects it meaning you can catch all the pullbacks and continuation as you trade with the trend! We’re honestly extremely excited about this feature!
Confirmation Table
Our confirmation table will tell you if all of the features above are in confluence with each other giving you great trading opportunities. It will also show you what direction the market is trending on higher timeframes. This means you can trade with a higher timeframe trend without having to change your screen. You also don’t have to put lots of effort into adding more confirmations if you miss a signal you can use your own strategy and the confirmations from this table to create your own trade ideas.
Stop Loss Indicators
Stop losses are always a topic of conversation when it comes to trading, do you place your stop loss below the previous low? Previous candle? Below a moving average? There’s so much confusion when it comes to where to put your stop loss so we added 2 different stop loss features which you can decide between. We are always optimising our stop loss settings with the current market conditions so that you can take less losing trades and focus more on winners!
Release Notes
Improved Auto PilotRelease Notes
Updated AlertsRelease Notes
Removed table top rowRelease Notes
Added Another Resistance Zone Indicator and changed Setting OptionsRelease Notes
Changed Setting OptionsRelease Notes
Version 1.1.Added Engulfing Candle color change
.Improved Auto pilot
.Improved Scalping Signals
.Improved Cloud
.Added New Custom Alert Section
.Added Screener
.Fixed Stoploss on 5 Minuet TF
.Added Support (US30 , DE30, NAS100
Release Notes
Fix Scalp AlertsRelease Notes
FixedRelease Notes
Version 1.2Fixed Higher Timeframes
Release Notes
Version 1.3.Improved Signals
.Improved Crypto
.Autopilot Improved
.Autopilot controls Stoploss
Release Notes
V1.4Remove All Trend Filter
Improved auto pilot
Improve crypto signals
Added Signal amount selector
Release Notes
Version 2:.Improved Signals
.Added Triple EMA
.Added Baseline
.Customise Higher Timeframes
.Customise Confirmation Table
.Added Options To Confirmation Table (MACD, EMA200, EMA Crossovers, RSI)
.Reversal Zone Warnings
Release Notes
Version 3Version 2 became over complicated with lots of new settings so we completely renovated the indicator and added multiple separate strategies.
Support and Resistance Zones
This strategy will find support and resistance zones from previous highs and lows. It will wait for price to come into these zones and reject these zones, looking for price action to send you an accurate buy or sell signal.
Glow Cloud
The Glow Cloud was our first ever real indicator, it acts as a major support and resistance zone and can also identify the trend strength based on how thick or thin the cloud is. When price is below the cloud it’s generally down trending and above the cloud it’s generally up trending. When price pulls back to the cloud and then rejects the cloud it will send you a signal in the direction of the trend. It’s that simple!
EMA Crosses
Everyone loves a good EMA strategy! We decided to add a 3 EMA strategy to the indicator. You can choose your baseline which determines the trend and then 2 EMA’s that you want to see cross before entering a trade.
Example: Using a 200 EMA baseline, you will receive only buy signals when the market is above the 200 EMA. If you use 50 and 10 as your secondary EMAs you will receive a buy signal when the 10 crosses above the 50 and the price is above the 200 and you will receive a sell when the 10 crosses below the 50 and the price is below the 200.
Fibonacci Retracements
This indicator first of all identifies the trend direction and then draws fibonacci retracements from left to right. In an uptrend it will draw from previous low to high and in a downtrend previous high to low. The indicator waits for the market to pullback to the 618 and then waits for price action to determine continuation of the market and sending you a signal.
Other Updates:
- Reversal warning signals are now arrows which you can toggle on/off
- ADX Confirmation added to the confirmation table
- Stop loss default settings adjusted
- No autopilot settings as there’s no longer many settings to adjust
- The indicator no longer needs to be brought to front to be able to see the candle colours change but you will have to remove borders on your candles
Release Notes
Added a New strategies.Improved EMA Cross
Release Notes
Fixe Glow Nod Candles ColorsInvite-only script
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Author's instructions
″If you would like to purchase our indicator. Please head over to http://www.glow-node.com
where we will then grant you access ASAP.
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Disclaimer
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