Directional Bias

15 thg 7, 2022

A Directional Bias to stop me trading against the trend

Utilising EMA'S - I personally view on the 15M TF but it can be set on any

40/50/60 15Minute STF

and 13/35/50 - 30M 1H and 4H HTF

Mixing them together in direction and location to each other Gives a 6 colour system for keeping away from trading against trend

Dark Red Both Align - Sells Only do not take Buy Trades
Medium Red HTF and Dark Red Mix - Sells Only do not take Buy Trades
Light Red STF - if in a mix with Blanks and greens - Trade Both Directions - if 8 hours of solid Light Red ? Darker Red - do not take Buy Trades - Sells Only

Orange - Trading Both ways - No Directional Bias

Dark Green Both Align - Buys Only do not take Sell Trades
Medium Green HTF and Dark Green Mix - Buys Only do not take Sell Trades
Light Red STF - if in a mix with Blanks and greens - Trade Both Directions - if 8 hours of solid Light Green ? Darker Green - do not take Sell Trades - Buys Only

Alert Setting for Change of Direction included

I find this useful - to at least give me a pause for thought when I am about to trade against the trend - I hope you do to

15 thg 7, 2022

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Altered Title info - hope you find useful

15 thg 7, 2022

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Excess Code Removed ( This is part of a bigger script elsewhere)

11 thg 11, 2022

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11 thg 11, 2022

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