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arndav
24 ago 2022 08:07

ARKA-Stoplight Trend Analysis 

Ethereum / TetherUSBinance

Descrizione

Bars turn green when the 5-period moving average is above the 15-period moving average, and the 15-period moving average is above the 30-period moving average. If all three degrees of the trend are positive, the trend is up, and we can more confidently enter on the long side by confirming our trading system.
Bars turn red when the 5-period moving average is below the 15-period moving average and the 15-period moving average is below the 30-period moving average. If all three degrees of the trend are negative, the trend is a downside, and we can enter on the short side by confirming our trading system.
The bars turn yellow when the three moving averages are not in the two ways mentioned above, it is a sign of weakness and side market. In this situation, because the direction of the market is not yet clear, we do not have an entry and we wait.

Note di rilascio

Minor Issue fixed.

Note di rilascio

Bug Fixed.

Note di rilascio

Add an Alert for a bar color change in the indicator to green or red.
Commenti
FatBoyAus
Love this mate! Thank you very much!
Moda-877
Could you add alert when bar turns red or green? Thanks
arndav
@Mode_m-889, Good day. Alerts have been added to the new version.
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