FXSack signal 1.1 (Heavily modified)
FXSack signal 1.1 - 11/5/18
IF the description on the chart is not clear, here is an image which can be maximized for easier reading = i.imgur.com/hh1Oah0.png
This indicator is a result of 2 years working with pine script and combining 2 different work together to get this result. I started working on Mongerskit indicator about a year ago, Mongerskit's objective was to show the general trend of the chart but it lacked to show when to enter the trade. pullbacks and counter trend actions were not part of the indicator. After another year of work (and learning pine script) I was able to my build a new indicator that now with conjunction with my old indicator works perfectly.
If you view the chart or looking at the image I have linked above everything is basically self explanatory, but I will put everything in to bulletin points here :
* the The pink / green labels are long to mid term trend of the market
* Once the long to mid term of the market has been established, we will use the Refined RSI and red/blue dots on the bottom of the indicator to follow the trend that was previously established in bulletin #1
- IF the market is bullish( confirmed by our pink / green labels), we buy once the Refined RSI is above 50 and we have atleast 2 blue dots.
- IF the market is bearish( confirmed by our pink / green labels), we sell once the Refined RSI is below 50 and we have atleast 2 red dots.
- This indicator only gives optimal results when used in Daily time frame.
this indicator is not for free but you can request a trial below for 3 days, if you leave a review before the end of your 3 days, you get another week.
for questions please PM in tradingview.
IF the description on the chart is not clear, here is an image which can be maximized for easier reading = i.imgur.com/hh1Oah0.png
This indicator is a result of 2 years working with pine script and combining 2 different work together to get this result. I started working on Mongerskit indicator about a year ago, Mongerskit's objective was to show the general trend of the chart but it lacked to show when to enter the trade. pullbacks and counter trend actions were not part of the indicator. After another year of work (and learning pine script) I was able to my build a new indicator that now with conjunction with my old indicator works perfectly.
If you view the chart or looking at the image I have linked above everything is basically self explanatory, but I will put everything in to bulletin points here :
* the The pink / green labels are long to mid term trend of the market
* Once the long to mid term of the market has been established, we will use the Refined RSI and red/blue dots on the bottom of the indicator to follow the trend that was previously established in bulletin #1
- IF the market is bullish( confirmed by our pink / green labels), we buy once the Refined RSI is above 50 and we have atleast 2 blue dots.
- IF the market is bearish( confirmed by our pink / green labels), we sell once the Refined RSI is below 50 and we have atleast 2 red dots.
- This indicator only gives optimal results when used in Daily time frame.
this indicator is not for free but you can request a trial below for 3 days, if you leave a review before the end of your 3 days, you get another week.
for questions please PM in tradingview.
