OMEN
Removed the Cloud for now
Those who plan on day trading use the "Trend" alerts
Everyone add a 55 EMA to your chart. It becomes a good support and resistance area. Be smart in these areas as signals get tight.
Always use your stop loss
Using with addition to TA will give great entries
Green arrow - LONG
Red arrow - SHORT
Green Dot - LONG -TREND CHANGE
Red Dot - SHORT- TREND CHANGE
Orange arrow - CLOSE- Potential reversal ( can be used to counter trade)
Use your TA and use the indicator to help make decision based from your TA
IF price is falling or rising quickly don't use the ORANGE ARROWS
If price has found support or resistance- the further away from the 55 ema the orange dot is the greater chance of reversal trade
55 ema is a congestion zone allow trades to play out or stay out of trades on or near the 55 ema.
ORAGNE DOT-- is a close trade signal and potential reversal
Bearish Close -- Close Trade looking bearish
Also added in an indecision yellow arrow. Use this candles as support and resistance if price goes above this high of the yellow marked candle go long if it goes below the yellow marked candle short
default changed from "6" to "2"
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact asirmon directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact asirmon directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.