PROTECTED SOURCE SCRIPT
Updated

SPIRA

435
This is my signal generator indicator.

It uses mean reversion principles in order to find the best times to potentially enter the market in line with larger trends.

It creates a buy-stop / sell-stop signal with plotted levels indicating entry, stop-loss, and take profit levels.

This indicator has been extensively tested and is intended for use on the 5M chart, although all potential is available on any timeframe.

This script provides a clear forecast for potential price movements and capitalizes on frequent impulsive moves in the market before they occur.

The stop-entry model allows for trades to be placed before hand, and invalidated due to various criteria involving range-boxes or level breaks.
Release Notes
changed to re-add box-filter removed for backtesting purposes.

this script is optimized in testing for 3am-2pm EST.

Disclaimer

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