StarsAlign

4 giorni fa

StarsAlign Indicator
The StarsAlign indicator identifies potential buy opportunities by combining three key technical conditions for precise market entry signals. A "BUY" flag is plotted on the chart when:
RSI is below 30, indicating oversold conditions.

Price is at or below the 190-day Simple Moving Average, suggesting a potential support level.

Average True Range (ATR) changes direction, signaling a shift in market volatility.

Features:
Customizable inputs for RSI length, oversold level, moving average period, and ATR length.

Visual "BUY" labels for clear entry signals.

Overlays the 190-day SMA for reference.

Usage:
Ideal for traders seeking confluence in oversold conditions, trend support, and volatility shifts. Apply to any timeframe or market, and adjust parameters to suit your strategy. Always combine with other analysis for best results.

3 giorni fa

Note di rilascio

StarsAlign Indicator[br][br]The StarsAlign indicator identifies potential Buy and Sell opportunities using a combination of RSI, moving averages, and ATR for precise market signals.[br][br]Buy Signal: Plots a "BUY" flag when RSI is below 30 (oversold), price is at or below the 190-day SMA, and ATR changes direction (reversal in volatility trend).[br][br]Sell Signal: Plots a "SELL" flag when RSI is above 80 (overbought), price is at or above the 50-day SMA, and ATR changes direction.[br][br]Features:[br]- Customizable RSI length, oversold/overbought levels, moving average periods, and ATR length.[br]- Checkboxes to toggle Buy and Sell signals independently.[br]- Overlays 190-day SMA (Buy) and 50-day SMA (Sell) for visual reference.[br]- Clear "BUY" (green) and "SELL" (red) labels for easy identification.[br][br]Usage:[br]Ideal for traders seeking confluence in overbought/oversold conditions, trend levels, and volatility shifts. Apply to any timeframe or market. Use the checkboxes to display only Buy, only Sell, or both signals. Adjust parameters in the settings to suit your strategy. Always combine with other analysis for best results.

3 giorni fa

Note di rilascio

StarsAlign Indicator

The StarsAlign indicator identifies potential Buy and Sell opportunities using a combination of RSI, moving averages, and ATR for precise market signals.

Buy Signal: Plots a "BUY" flag when RSI is below 30 (oversold), price is at or below the 190-day SMA, and ATR changes direction (reversal in volatility trend).
Sell Signal: Plots a "SELL" flag when RSI is above 80 (overbought), price is at or above the 50-day SMA, and ATR changes direction.
Features:
Customizable RSI length, oversold/overbought levels, moving average periods, and ATR length.
Checkboxes to toggle Buy and Sell signals independently. Overlays 190-day SMA (Buy) and 50-day SMA (Sell) for visual reference.
Clear "BUY" (green) and "SELL" (red) labels for easy identification.

Usage:
Ideal for traders seeking confluence in overbought/oversold conditions, trend levels, and volatility shifts. Apply to any timeframe or market. Use the checkboxes to display only Buy, only Sell, or both signals. Adjust parameters in the settings to suit your strategy. Always combine with other analysis for best results.
Test conditions:
I tested with SPX and NDX best results 1 hour time frame.