PROTECTED SOURCE SCRIPT
final bot indicator
there are many factors going on at once
the 74 and 19 sma we are using these to first decide trend , when 74 is above 19 this is our sell mode
when 74 is below 19 this is our buy mode
visual reference is the color of the 74 sma if green buy mode if sell buy mode
our 19 sma is visually used ase a conformation for another indicator
when the 19 is red is is overbought or oversold both moving with sell momentum
either continuing the sell or reversing form the buy
when overbought or oversold with momentume moving upward either contiunng the buy or reversing form the sell we use the color green for the 19 sam
when price is not over bout but moving upward momentum the color is blue
when price is not overbout or over sold but moving downward mometume the color is purple
the price zones represent price action marks out the highas and lows and middle with zones
north zone orange and red
middle nroth orange to yellow
middle south yellow to green
soun green to blue
use the entry and exit of zone to enter
use the close above or below smas to enter
use colors of smas to enter
the 74 and 19 sma we are using these to first decide trend , when 74 is above 19 this is our sell mode
when 74 is below 19 this is our buy mode
visual reference is the color of the 74 sma if green buy mode if sell buy mode
our 19 sma is visually used ase a conformation for another indicator
when the 19 is red is is overbought or oversold both moving with sell momentum
either continuing the sell or reversing form the buy
when overbought or oversold with momentume moving upward either contiunng the buy or reversing form the sell we use the color green for the 19 sam
when price is not over bout but moving upward momentum the color is blue
when price is not overbout or over sold but moving downward mometume the color is purple
the price zones represent price action marks out the highas and lows and middle with zones
north zone orange and red
middle nroth orange to yellow
middle south yellow to green
soun green to blue
use the entry and exit of zone to enter
use the close above or below smas to enter
use colors of smas to enter
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