OPEN-SOURCE SCRIPT
Don The Scalper
When I started trading I wanted to find the closest risk-free long or short, so I created this script to help me
1)Identify a strong trend =bullish state
2) Identify the dip
3) Long with confirmation of buyers (Commutative delta)
The white circle is the ideal entry because the bands are facing up, In my trading, Red signal I don't take as bands are flat. So I hide the signals because in the middle of chop they overshoot as with most systems.
[url= tradingview.com/x/lTplsFDm/]
The bands are not mine or the RSI (RSI TRENDS) link below combining the two-plus cumulative delta gives me the full picture
tradingview.com/u/fareidzulkifli/
The bands help me identify where to take profit after catching a high probability position again not mine but come in useful when adding them together. Good luck guys!
https://www.tradingview.com/x/OPP0UuMx/
1)Identify a strong trend =bullish state
2) Identify the dip
3) Long with confirmation of buyers (Commutative delta)
The white circle is the ideal entry because the bands are facing up, In my trading, Red signal I don't take as bands are flat. So I hide the signals because in the middle of chop they overshoot as with most systems.
[url= tradingview.com/x/lTplsFDm/]
The bands are not mine or the RSI (RSI TRENDS) link below combining the two-plus cumulative delta gives me the full picture
tradingview.com/u/fareidzulkifli/
The bands help me identify where to take profit after catching a high probability position again not mine but come in useful when adding them together. Good luck guys!
https://www.tradingview.com/x/OPP0UuMx/
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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