Hud_Hud

[Hud] Signal 4H

IDEAS :
- Original idea from @BURSATRENDBANDCHART
- Basically, it is an intraday technique to find potential stock with the intention to get 2- 4 bids profit ( FIFO )

STEP :
1. Must use 4 Hour Timeframe ( 4H )
2. Find entry based on percentage price increase compared to previous candle ( yesteday close price )
3. If the afternoon closing price is 5% > than yesterday close price ( default setting, and can be adjusted ), then indicator will show "Signal Pagi" label
4. Use Tradingview Screener to select the stocks when market breaks in the afternoon.
5. Add alert to selected counter ( using TV screener ) using 4H indicator and wait for BUY signal.

TAKE PROFIT ( TP )
- Target to TP after 2-4 bids profit
- sell at the end of day or early next morning
- Trade At Your Own Risk

CUT LOSS
- When it break closing price of previous candle or
- Red Dot = 50% of previous candle

NOTE :
- You need to have real-time data to use this indicator.


Telegram : @HudHudAlert
Telegram Channel : t.me/HudHudAlert
TV Indicator : my.tradingview.com/u/Hud_Hud/
Invite-only script

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 Hud_Hud for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Please pm if you are interested to use this indicator.

Want to use this script on a chart?

Warning: please read before requesting access.