This signal system is mainly finding trend change and momentum change in the scripts.
There is two signal one Big triangle for and signal and another is arrow signal.
Arrow signals are generating for finding the continuation of trend.
Each arrow trader can do pyramiding with trend and close the trade whenever small red arrow come or signal start and can take opposite side of the trade.
I have designed this signal system for NSE:NIFTY Index only.
Default Parameter are : Time Frame, ATR Period, ATR Multiplier, Look Back Period
Default parameter given on Input is giving optimum results if user want to change the setting results can vary.
With Strategy Tester i am able to give performance report. User can check the report .
I have mentioned order details with commission and slippages on each trades.
This signal is available on subscription. contact me or ping me for more details.
Working with Nifty and Bank nifty Both.
So 2 Signals are there Long and Short for bullish and bearish and arrow signals on each candle that represent continuation of previous signal.
My YouTube channel: https://www.youtube.com/channel/UC537A
My Indicator details:
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 siddmuk2005 for more information, or follow the author's instructions below.
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I shall recommend use 5 to 10 minute chart for intraday and 15 minute to 1 hour for positional trade.
Warning: please read before requesting access.