Arbitrage Bands 2.0 — Indicator by aixguru

Enhancements from Arbitrage Bands 1.0

Built in Alerts for:

Best Time to Buy Window
Best Time to Sell Window
Yellow Candles
Blue Candles

To access these alerts click on the alarm clock
The +

Then condition drop down. Select this indicator
Select the alert you want
Make sure you set up email to sms alerts

Then wait for the alert to make your trade!

Trading has just gotten a little bit easier

Lime Green Candle - Best Time to Buy Window
Fuchsia Candle - Best Time to Sell Window
Yellow Candle - An uptrend is in progress
White Candle - A direction change is in progress
Blue Candle - A downtrend is in progress

In an uptrend and trying to decide if it's time to take profit?
Look for yellow,white,blue, - then take profit!

In a down trend and trying to decide if it's bouncing?
Look for blue, white,yellow -- then it's time to go!

The Black line is our RSI Line so pay attention when they are in our danger zones!
Turn arounds love to happen there!
(The dark brown area)

DO NOT ENTER A TRADE ON A WHITE CANDLE!

Invite-only script

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 aixguru for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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