Ripping and Dipping (Reversal + Trend Signals)

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Waits for a series of EMAs to be stacking from fastest to slowest for a user input X bars, then signals trend or reversal trades based on a simple close above/below the high/low of the last bar. Designed to catch quick trend trades once strength is confirmed, and quick reversal trades once trend has overextended.

7 thg 9

Phát hành các Ghi chú

Waits for a series of EMA's to line up stacked from fast to slow, indicating a strong trend In either direction. When RIPPING or DIPPING and X (user inputted) bars have past, AND a bar closes above/below a high/low of previous bar potential buys and sells are indicated with small circles. There are also UP and DOWN arrow signals that appear on the first bar after RIPPING and DIPPING occur. These are designed to confirm Reversals.