OPEN-SOURCE SCRIPT
AIOS
EMA
keltner
ichimoku cloud
watson envelope
i recommend building the strategy around 100 and 200 ema lines on higher time frames (1-12h)
keltner channel is really strong on 12h timeframe for top/bottom rejections, but can be used to see trend (sticking to the bottom for downtrend and denying middle > bearish and vice versa)
ichimoku cloud can be used for determining general sentiment on HTF like 12h-1w, 30/27min to 12h for rejection points
watson envelope is mostly just entry tool but i have been on&off using it as it seems misleading at times, use only with confluence
keltner
ichimoku cloud
watson envelope
i recommend building the strategy around 100 and 200 ema lines on higher time frames (1-12h)
keltner channel is really strong on 12h timeframe for top/bottom rejections, but can be used to see trend (sticking to the bottom for downtrend and denying middle > bearish and vice versa)
ichimoku cloud can be used for determining general sentiment on HTF like 12h-1w, 30/27min to 12h for rejection points
watson envelope is mostly just entry tool but i have been on&off using it as it seems misleading at times, use only with confluence
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.