USE INDICATOR WITH YOUR OWN RISK
ANY OR ALL LOSSES/WINS WILL NOT BE HELD RESPONSIBLE BY THE CREATOR OF THIS SCRIPT.
SHEAVY will give LONG/SHORT signals as well as their corresponding closing order
Long - EXIT (yellow)
Short - CLOSE (cyan)
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Long + Yellow candles = MED-HIGH risk LONG entry
Long + BRIGHT RED candles = MED risk LONG entry
Long + WHITE candles = LOW risk LONG entry
Short + Cyan = HIGH risk short
Short + BRIGHT GREEN = MED RISK SHORT
Short + Yellow = LOW risk short
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RSI Candles V5 : RSI period (14)
LIME GREEN = very over bought +85
Cyan = overbought +65
Yellow = oversold -40
RED = very oversold -15
New parameters in order to enter trade based on PA and volume
cross over technique may be applied after the long / short call using the Gaussin MA
if Long call and gaussin goes over PA you may exit until gaussin is under PA
vice versa
Release Notes: New title
buy sell flags now viable
alerts to be sent to email
custom flags for specific entries and exits determined by the overall trend
video tutorial will be later published after the indicator is finalized
(Less clutter than previous with the removal of the Sheavy and Gaussin Line)
STANDARD Settings/Variables
Sheavy av = 30
Sheavy Length = 14
and is to be used for a SWING TRADE/DAY TRADE STRATEGY
Scalping Parameters must be adjusted to
Sheavy Av = 4
Sheavy Length = 2