The strategy couples the concept of rate of change along with the Bollinger bands.
Along with it LazyBear's RSI/MFI with Volatility Indicator is also taken to reduce the number of trades and improve efficiency.
Strategy (in Layman terms):
If in the past 10 candles RSI/MFI with Volatility Indicator has printed a red/green colour and the roc has gone...
It is a simple test strategy.
The strategy involves variable resistance.
If the price closes above the resistance a long order is placed and when price closes below the resistance a short order is placed.
Comment the perfect combination of indicators for it and will try to incorporate those indicators into it in the next version.
Message if you think of any...
The strategy is a take on traditional volume oscillator.
In Layman terms:
The script places an order when the oscillator crosses the zero mark in the volume oscillator.
If the previous high is greater than the absolute value of previous low then a long order is placed
And if the absolute previous low is greater than the previous high then a shrt order is...
This strategy places the order based on the MACD signal.
Original Indicator: MacD Custom Indicator-Multiple Time Frame+All Available Options! by ChrisMoody
Link to the Indicator:
If your risk appetite is high you can replace the first statement with the...