BUY & SELL Scalp Signals for Crude Oil Future Contracts (Or it can be used with any scrip with good amount of Volume) based on Sma & RSI overbought/oversold alert (!) for possible reversal indication.
Take Buy position only if candle breaks the high of alert candle & for Sell positions, take position if candle breaks low of the alert candle.
Best to perform with...
TWT_MAGIC_MCX is designed to trade the MCX commodities for overnight positions.
The logic behind this is to calculate the closing price based on today's price action and come up with suggestion at end of the closing to BUY or SELL for Next Day.
How to Trade::
if on a 5 Minute Chart, the GREEN arrow appears at 23:25 Candlestick then Enter BUY...
This is the of PerPro V6 indicator version with alarm. Remember in trend changes the indicator may repaint the signal. Please use other indicators to accompany the entries.
in small periods, such as 1, 3 and 5 minutes and pairs or high volatility stock we have seen a repaint until confirms the trend.
if you want to use it in 1, 3 or 5 minutes condigurelo in tf...
This Script helps the traders to understand the saturation and reversal points for CRUDE based on the CRUDE DEPENDENT Currencies (CANADIAN LOONI, MEXICO, NORWAY and RUSSIA)
All the sweet crude participants including WTI.
It's a must needed indicator for Crude oil trading