Ultimate Algorithm Builder (Single Trend)

29 thg 6, 2019

Hello traders

This is a fantastic tool to detect convergence between the following indicators :

• Overlay - meaning if the price close above/below the SMA 50
  
• Trend Signal - to detect if the the DOW law is broken and predict a possible reversal - en.wikipedia.org/wiki/Dow_theory
  In other words, it detects if the higher highs or lower lows sequence is broken
  
• MACD or MACD Zero Lag
  
• MM Cross - Cross of moving averages
  
• Ichimoku - if the price closes below/above the cloud
  
• Supertrend - used to detect polarity zones
  
• TSI Shadow - propieraty indicator - URL : tradingview.com/script/0lBK9IBY-TSI-Shadow/
  

It's ultra flexible as you check which indicator you need in your own strategy. That's why I called it the Ultimate Algorithm Builder

Enjoy
Dave

12 thg 7, 2019

Phát hành các Ghi chú

I've been asked to ad the pullback. What community asks, community gets for FREE :)
Pullback added in the parameters. Sometimes after a signal, you might want to get a pullback on a specific Moving Average to :
- reduce your loss in case you'll be invalidated
- increase your gain as you'll get a better entry
Of course this feature is optional but still a nice to have in your trading toolkit

If you want me to add any sub-indicator in this one or if you have any question, please ask in the comments section