Sell Signal Indicator

4 giờ trướcThis indicator gives you Sell signal on the 5 and 15-minute timeframe under these conditions:
CONDITION FOR SIGNAL TO APPEAR
1 - RSI below 50 in the 5-minute timeframe.
2 - RSI below 50 in the 15-minute timeframe.
3 - MACD line below 0 in the 5-minute timeframe.
4 - Price is below SMA 21 on the 5-minute timeframe.

Only show the first sell signal when the conditions are met and not repeat it until the conditions are no longer met and then met again.
To combine with VWMA 20 period
To avoid a false signal it is better to open a sell position when 2 consecutive candles close below the 20-period VWMA line.
Taking the First 2 signals after a trend changes gives better results.