OPEN-SOURCE SCRIPT
KSMT Toolbox - MidTF
This tool allows you to quickly identify the macro and micro trend's direction and enter and exit position at a more favorable price.
When the pink lines are angled up you should look for a long position and enter only when the candles are colored green.
And when the pink lines are angled down you should look for a short position and enter only when the candles are colored red.
This tool is only meant to be a practice tool and should be used to train your eye on candle movements to gain a sense of when you should enter/exit.
Practice is what differentiates a good trader and a bad one.
#KSMT #KSMT_Armenia
When the pink lines are angled up you should look for a long position and enter only when the candles are colored green.
And when the pink lines are angled down you should look for a short position and enter only when the candles are colored red.
This tool is only meant to be a practice tool and should be used to train your eye on candle movements to gain a sense of when you should enter/exit.
Practice is what differentiates a good trader and a bad one.
#KSMT #KSMT_Armenia
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.
Disclaimer
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