MarxBabu

LongBuyLongSellIndicator

Hello Friends,
Here is one more very simple to use LongBuyLongSellIndicator for trading. Details are given above in the chart.Happy trading.
This indicator can be used for very long term trading in any time frame. This is designed to avoid many noise in between the trade.


This indicator does not require any additional indicator setup ;as like traders do in price action trading ,just need to follow the colors for trading .

Always remember Black to Blue transition BUY (or cover the short position)
Blue to Black transition SELL(or cover the buy position)
Do not trade in the middle and ignore other colors if appear in the chart

Other Indicator that may be useful:
BUY2SELL2BUYindicator
SELL2BUY2SELLindicator
ProfitCandleBillionWayIndicator

Access is through invite only
Release Notes: LongBuyLongSellIndicator Updated for smooth Buy and Sell Representation :Now follow the line graph and the color change for the buy and sell entry;Example of one script is posted in comments section please check for more details.

Only two rules and very simple to use
BUY or short cover When ?
if the Blue BAR appears and line cross from above to below in the current candle

SHORT or SELL cover when ?
If the Black BAR appears and line crosses below to above in the current candle

Can be applied in any time frame. Back-tested accuracy is 90%

The advantage of this indicator ,This will avoid all noise and provide best entry and exit for both BUY /SELL or short/short cover orders. This is the magical indicator can be used in any script and in any market.
Release Notes: BUY ENTRY "TEXT" and SELL ENTRY "TEXT" Added
BUY ENTRY and SELL ENTRY BAR backround color added
ALERT notification code for BUY and SELL is added as two individual alert

Video explaining How to use this indicator ,link is below
https://www.youtube.com/watch?reload=9&a...
Release Notes: Text of Buy and Sell provided as B and S for simplicity based on user feedback.

Video explaining How to use this indicator,alert setting,link is below;
https://www.youtube.com/watch?reload=9&a...
Release Notes: StrengthMeter added in the same chart in the LongBuyLongSellInidcator
No need of adding any confirmation indicator VersionRevised(V124) .One indicator is sufficient for all trade in all markets

1. Rulese and Strategy are same
2. Strengthmeter enhances the Entry and Exit to greater winning ratio
3. Watch the video added so far ,Go through the release notes and comments for more clarity
4. It wont repaint

5. Greater than 1hr it works good ,D ,W time frame is really great

Do not use for lesser timeframe still it might work though .

Like the indicator if you wish ,Feedback and provide the update in the comment section.

Dn Chance for FALL ,Up Chance for Raise text in the candles are very key in the strength indicator ;this will maximize the profit
Use this indicator with PnF(PointandFigure ) and Renko chart for great winning ratio.

https://www.youtube.com/watch?v=KarK8EOl...

Declaimer : Trading Involves Risking the money any Profit/Loss is of Traders Responsibility.
Release Notes: Minor issue fix in this version .Next Pro Version will have more added features.

Use the Strength meter numbers displayed in the chart to take right entry of Long and short calls.This is very very important to be successful.
Google "LongBuyLongSell" 6min video explaining everything in 1080p format there.
HAPPY Trading.

Like ,Comment the idea and support us.
Release Notes: Updates
Customized Alert:
1.Alert Set by user for Candle Color change (Transition Color) Red to Green or Blue to Black vice versa
2.Alert Set by user for Background color change Red to Green or Green to Red
3.Alert set by user for StrengthMeters if the 1 2 3 (P+ D+ / P- D-) and Up/Dn Likely combination is greater than 4 and lined up within two candles.
4. User-friendly Format/Setting changes and Color change option in "Style" area.
5. Single Setup for all Candle,OHLC,Point and Figure,Line-break,Renko,Range,Heikin Ashi chart,Parameter customization for Background Setting

Note : User can use this for Manual Trading /Not automated for BOT trading. Results are Manually testable only. Back-test only Manual.

If you like the script and if this useful like comment share.
Release Notes: Updated Version for AUTO Trade BOT settings.
BITMEX ,OANDA,Deribit tested version.


Contact me for BOT Syntax.
Release Notes:
  • New Accuracy Improved Alert Capabilities Added,
    AutoTrade capability for Deribit ,Bitmex added (only alert support from this script
    Be a Pro Plus member to do auto trade
    Minimum 4 alert setting must be done to do buy and short and buy cover and short cover.

1. Combined Strengthmeters, Candle Color, BackGround Color to trigger AUTO BOT trading alerts.
2. Minor Bug ,Major Enhancement of the Code

How to Use this for AutoTrade:(Alert Settings)
Buy Entry : Use the Alert D_BotSureShotBuy.... (Syntax must be only for Buy and SL)
Buy Entry Close : Use the B_LBLS_RED_BackGroundShort (Syntax must be for only closing Long position)

Short :Use the D_BotSureShotSell (Syntax must be only for Short entry)
Short EntryClose : Use the B_LBLS_BackGroundLong(Syntax must be only for closing short only,do not close all position)
Remove from Favorite Scripts Add to Favorite Scripts
Best Scripts LongBuyLongSellIndicator &ProfitMaximizer link https://bit.ly/2DJVXDn

Free Telegram Channel
https://bit.ly/2A9IcMd
Telegram me: @wealthworldmajic
https://www.wealthgeo.com
twitter :https://bit.ly/2AkmvYF

Related Ideas

Hi @MarxBabu
Just came across your script. Looks interesting. Can you please add my name to access list.
Thank you
Reply
Hi Marx, cold you please give me acces?
Reply
Hi MarxBabu, can you grant me access please so I can try this indicator.

Thank you
Reply
Hello @MarxBabu - Can i give this a try for LongBuyLongSellIndicator?
Reply
Hey @MarxBabu - I'd really like to give this indicator a test run, could I please have access?

Thanks!
Reply
May I please have access for LongBuyLongSellIndicator? , thanks!
Reply
MarxBabu JunZhang
@JunZhang, done
Reply
Hi.May I have access to the trial? Thanks
Reply
Hi Marx, would like to test your indicator, please give access. Thanks.
Reply