Thought process 1. Difference between fast and slow ema has a oscillating nature. 2. Stochastic %k %d crossover gives early signals 3. early entry gives low risk high reward setup
Calculation 1. A= EMA (fast) - EMA (slow) 2. B =Stochastic(%K)-Stochastic(%D)
When A is increasing and B is positive, bar is green When A is decreasing and B is negative, bar is red Else, bar is black
Use This is an early entry signal system. When used with Channel trading system, it gives high probability, low risk high reward setups
Example When price has breached below -2 Keltner channel, and impulse candle turns green, go long (or sell put options ) 29 minutes ago Release Notes:
This is combination of 1. Ema diff 2. stochastic 3. Keltner channel 4. Bollinger bands 5. bunch of EMAs
Thought process 1. Difference between fast and slow ema has a oscillating nature. 2. Stochastic %k %d crossover gives early signals 3. early entry gives low risk high reward setup
Calculation 1. A= EMA (fast) - EMA (slow) 2. B =Stochastic(%K)-Stochastic(%D)
When A is increasing and B is positive, bar is green When A is decreasing and B is negative, bar is red Else, bar is black
Use This is an early entry signal system. When used with Channel trading system, it gives high probability, low risk high reward setups
Example When price has breached below -2 Keltner channel, and impulse candle turns green, go long (or sell put options )
發布通知
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Default layout simplified Logic for bar color modified
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update in this version 1. for bar color, smooth stochastic used in place of stochastic 2. default layout made visually more simple