OPEN-SOURCE SCRIPT
Buy Sell Indicator by KCM
Updated
Long when Price is above Blue Line and White Lines has a Bullish crossover, Short when Price is below Blue Line and White Lines has a Bearish crossover.
Release Notes
Developed by KCM (Koushik Chandra Mondal)Buy Entry Criteria
* Price above Blue Line
* Green Line Crossed above Red Line
* Exit: Red Line Crossed below Green Line
Sell Entry Criteria
* Price below Blue Line
* Green Line Crossed below Red Line
* Exit: Green Line Crossed above Red Line
Things to Remember
-> Price above Blue line = Plan only Long (Buying Position)
-> Price below Blue line = Plan only Short (Selling Position)
* This Indicator will help you align your position with the current Trend of the Asset class. Indicator works on Stocks, Gold, Currency, Commodity, Bitcoin etc.
>> Preferable Timeframe
1 minute (minimum), 1 Hour (Maximum). Use lower timeframe for quick entry exit.
Release Notes
Developed by KCM (Koushik Chandra Mondal)Buy Entry Criteria
* Price above Blue Line
* Green Line Crossed above Red Line
* Exit: Red Line Crossed below Green Line
Sell Entry Criteria
* Price below Blue Line
* Green Line Crossed below Red Line
* Exit: Green Line Crossed above Red Line
Things to Remember
-> Price above Blue line = Plan only Long (Buying Position)
-> Price below Blue line = Plan only Short (Selling Position)
* This Indicator will help you align your position with the current Trend of the Asset class. Indicator works on Stocks, Gold, Currency, Commodity, Bitcoin etc.
>> Preferable Timeframe
1 minute (minimum), 1 Hour (Maximum). Use lower timeframe for quick entry exit.
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.
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