This script combines the RSI, Stochastic RSI, and Stochastic to all be in one place for ease of use.
Nothing really new, just a script to streamline and create a convenient view of normal indicators
The Script is for use with the strategy of the 4 rules of Daven Icao. It is an RSI (black) with two Emas, 3 (blue) and 10 (red). To buy the RSI is expected to cross with the Emas in oversold zone, which is level 25; level 75 is an overbought area where we expect the RSI to cross with the Emas. If you consider that this script can be used in another strategy, use...
Overlaying up to 4 Bollinger Bands over each other.
Individually BBs only show coloring background and the overlaping area where the bot would try to buy is a lime rectangle.
I publish the code again in case someone is interested in learning. I am not an expert, I learned from others who published their scripts and for this reason I do the same.
If someone tries to sell you a script it is because they do not make money with it in trading and they need to sell it to earn something.
It is a simple combination algorithm of 3 EMA with...
I do not know good english for explanation sorry.
Percentage distance of price to 21ma. Percentage distance of 21ma to 55ma
if such a thing is needed, it's here
This is a corrected version of Squeeze Indicator that initially was authored by LazyBear and modified by KıvanÇ @fr3762 (twitter)
Indicator description: www.forextrading-pips.com
Interpretation:
When both the upper and lower Bollinger Bands go inside the Keltner Channel, the squeeze is on.
When the Bollinger Bands (BOTH lines) start to come out of the Keltner...
