If you are interested in trading gaps in DAX, then DOW plotted in DAX's trading hours, will help you know whether the smoothed candle was a gap or not. Use a different script to plot yesterday's closing price. This will help you see the target for the gap close. Let me know if you find it helpful or not!
Sharing one more strategy after getting good feedback on my earlier published strategy.
This is simple volatility stop strategy where in we are using VStop as entry and exit point.
Again smart traders can add MA to decide the trend and can avoid trading in opposite direction of trend which will help them to minimize...
Script plots correlation of chart symbol to a variety of indexes, symbols, equities. ** Original idea was to find Bitcoin correlation, which I did not. Built in correlations are: Nikie, DAX, SPY, AAPL, US Dollar, Gold, EURUSD, USDCNY, EEM, QQQ, XLK, XLF, USDJPY, EURGBP
Uses VDAX (dax volatility index) to calculate the expected daily range of the Dax.
Input the dax previous days close
This value: www.investing.com
The indicator will do the rest
Script dedicated for Dax and listing all zones manually chosen and defined based on Dax observation. Script also allows to define offset that automatically recalculates zones, as original levels are valid for Futures Dax Contract. Levels of 14k and 13k are covered. Enjoy!
Three RSI in one window allows different time frames to be seen on one chart. Also have a look what happens when the time frames cross.
Default setting is : 9, 18, 27 Adjust to fit your needs.
*Get Rekt at your own risk*
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