This is not my script. The original was done by pizer.. I have just added an option to include a fast moving average and a slow moving average to filter the direction....implying should I look for "Put" or "Call"
This is a different version of Stochastic RSI. the only difference is the use of variable moving average by Lazybear instead of regular sma for K smoothing. Its purely an experiment. I am not a professional trader but an enthusiastic programmer trying different indicator combination to see different results. Criticizing and negative comments will be gracefully...
This script combines Stochastic Divergence and WaveTrend Crosses. Stochastic Divergence may be useful for seeing a shift in momentum before the price action reflects it. WaveTrend gives us context to the short term trend. You can combine these together to find good entries.
Anyone have any idea how to strategy.close after 5 bars?
Follow the arrows, don't be to quick.
1 bar strategy after the signal bar closes. Maximum consecutive loses 5 found in back test!
Previous indicator was flawed I mistakenly misplaced the script which was giving opposite signals. This on is corrected version of previous EMA/Stoch strategy.