ItekPRO V2
An efficient way to Trade Manually Rule-Based and safely is with Itek PRO V2, a price action trend continuation Systen Trading.
GREAT for Swing Traders, Position Traders, or Investors. Works on Forex, Crypto, Stocks, Commodities.
This powerful indicator will work on just about ANY symbol and chart so that you can capture either smaller moves, or larger moves.. find the right symbol and time frame for your style of trading and use this amazing strategy to pull profitable trades.
TREND Direction and Trend Turns Are Clearly Indicated With The Built In Color-Coded Trend Line Indicator
When the trend line is BLUE the trend is headed UP, when its RED the trend is headed DOWN, when the trend line is flat it may indicate sideways conditions. The potential TREND TURNS can be seen by the change in the SLOPE and confirm by the change in the COLOR.
Signals produced by the indicator are very easy to read, completely Non-Discretionary.
Here’s How It Works
Entry Signals
Once Itek PRO V2 indicator has spotted an entry point, it clearly displays a Buy or Sell Signal on your chart, showing you exactly where possible entry to continue with the trend or start a new one.
Trade Setup Definitions
· Signal bar: It is the closed bar where the indicator is plotted (Blue or Red dots) in the chart.
· Entry bar: The first bar after the signal bar that reach the high of the Signal bar.
Setup Entry Rules
· Rule 1: Wait for the Signal bar closes. Enter the Long trade 1-2 pips above the high of the signal bar (Opposite for Short).
· Rule 2: If the HIGH of Signal Bar is near an important resistance level enter the trade 1-2 tick above resistance.
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 iteksignal 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 iteksignal 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.