GODXBT 2.0 — Indicator by GODFATHER711

trendanalysis trendtrading scalper swingtrading

GODXBT 2.0

This script helps you to understand the market situation

Script includes :

. Support & resistance tool
. Smoothing filter to reduce noise on the signals
. Take Profits points
. 222 EMA (Works as Support and resistance , customizable you can change the length as per your requirement )

customizable switches to turn on/off
* S/R Switch (Support/Resistance)
* Smoothing filter Switch (to reduce noise)
* TP points (take profits piont)

how to trade :

Buy/Long when " BUY " signal appears

Sell/Short when " SELL " signal appears

take profits on " TP+ " for shorts and " TP- " for longs

for stop loss use support and resistance lines ( mentioned in chart )

small cross above/below the candle shows Support/Resistance getting built

Signal confirmation on candle Close

and Bar colors for trend strength

Red bearish , white for sell exhaustion

Blue bullish , white for buyers exhaustion

Script includes Alerts for BUY and SELL signals as well as TP+ and TP- signals

*** all the details I have mentioned on chart please check the chart ***

DM FOR ACCESS

Release Notes:

Update includes
Change in code
Added breakout and breakdown points
Take profits points
Reversal points

Telegram @GODXBT

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 GODFATHER711 for more information, or follow the author's instructions below.

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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.

Author's instructions

Dm for access

Want to use this script on a chart?

Warning: please read before requesting access.