gtskaran

Confluence of Indicators and Signals v1 skv

Why this script
This script will display the buy or sell signals received from indicators, super trend, adx , rsi , macd , sma , and floor pivots along with some tweaked calculations and fixed numbers. This is useful for beginners who want to study the signals and timing to practice. This script is created for educational purpose and can be used for intraday scalping with 5 minutes time frame only after the signals are understood clearly.

How to use
Strong Buy - when series of buy/long signals generated by indicators, bright green up arrow indicates momentum/strength

Strong Sell - when series of sell/short signals generated by indicators, bright orange down arrow indicates momentum/strength

Exits - use the pivot lines, or the RSI-LX, SX exit signals. Also combine with Bollinger Bands to understand the exit points.

Look for reversals at pivot resistance and support.

Disclaimer
1. Only for educational purpose
2. Intraday scalping strategies only and on 5 min timeframe
3. Do paper trade before using any information for actual trading
4. Not swing or positional trade
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Want to use this script on a chart?

Comments

pls share script with me
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