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IPR Momentum Fader MSCMCM
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Momentum fader with volatillity index, directional bias, comfortable range and multiple settings.
How to use:
Pick a chart, mainly developed on XBT but supports every paid/index.
Supported Time Frames:
1M, 5M, 15M, 30M, 1HR, 4HR. Anything outside of these time frames will throw an error because those are not yet supported.
After you've picked a time frame select the stop loss size (is not calculated in pips but in volatillity index)
Then pick a setting for the algo to do it's calculations with. Every time frame comes with it's own algo to determine entries.
Exits must be done manually, it's not a pivot to pivot indicator.
Lime green bars signal bullish pivots
Maroon red bars signal bearish pivots
The upper boundaries of the "bands" are logical places to put stop losses outside of volatillity
The colouring of said bounderies indicate trend, likelihood of continuation.
Yellow: Pivot, Green: Bullish, Red: Bearish. Transitions from Yellow/Green to Red and the other way around are the most consistent.
Entries are signalled in blue (long) or red (short) and are fully calculated by the algo. About 95% run in profit short term: The only manual input the user has to give is the exit.
Don't request the code, I'm not selling it, it's not for unlicensed use.
How to use:
Pick a chart, mainly developed on XBT but supports every paid/index.
Supported Time Frames:
1M, 5M, 15M, 30M, 1HR, 4HR. Anything outside of these time frames will throw an error because those are not yet supported.
After you've picked a time frame select the stop loss size (is not calculated in pips but in volatillity index)
Then pick a setting for the algo to do it's calculations with. Every time frame comes with it's own algo to determine entries.
Exits must be done manually, it's not a pivot to pivot indicator.
Lime green bars signal bullish pivots
Maroon red bars signal bearish pivots
The upper boundaries of the "bands" are logical places to put stop losses outside of volatillity
The colouring of said bounderies indicate trend, likelihood of continuation.
Yellow: Pivot, Green: Bullish, Red: Bearish. Transitions from Yellow/Green to Red and the other way around are the most consistent.
Entries are signalled in blue (long) or red (short) and are fully calculated by the algo. About 95% run in profit short term: The only manual input the user has to give is the exit.
Don't request the code, I'm not selling it, it's not for unlicensed use.
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