INVITE-ONLY SCRIPT

Ema-Weighted-Gain

Strategy Inputs: Capital=$10,000, Pyramiding=3, Default Quantity=1

Please note that the strategy buys when the WMA (Blue line) cross under zero and sell above it, your experience is very important in using this indicator. Do not follow the buy/sell signals. Read the plot as I explain in the Uses Section and make your own conclusion on how to use it.

Description,

This Strategy uses multiple Ema’s to calculate Weighted HPR's.
I have calculated the weight numbers based on Fibonacci.

Uses:
NOTE!! (Please Do not take those uses to be 100% Guaranteed. User your experience and judgment to decide your trade).

Zoom out to see all the arrows


White line (MA)
Blue line (WMA)

First
Ride Trends,

1-Downtrend: short
a-MA IS going down
b-Entry: WMA cross above or near the MA (White Arrows).

2-Uptrend:long
a-MA is going up
b-Entry: WMA goes below MA or Near it(Green Arrows).

Second

Trend Reversal
1-buy entry.
WMA at zero, or very close to it, in pullback (Yellow Arrows).
2-short entry
WMA at zero, or very close to it, in a bounce (Orange Arrows).


Third
Divergence as explained in the Red Arrows.


Conclusion,

Red Arrows= Divergence
Green Arrows= Buy entry (The stock is in uptrend)
Yellow Arrows= Buy entry (the stock is in downtrend and could reverse)
White arrows= short entry (the stock is in downtrend)
Orange arrows=short entry (the stock in uptrend and can reverse)



If you are interested, send a private message

conslolidationDivergenceMoving AveragesOscillatorsreversalpointTrend Analysis

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

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