This is previous version of + RSI Divergence + Parabolic Sar
Take Profit, Stop Loss, and with ALERTS of course.
study(title="RSI Divergence", overlay = false)
src_fast = hlc3, len_fast = input(5, minval=1, title="Length Fast RSI")
src_slow = hlc3, len_slow = input(15,minval=1, title="Length Slow RSI")
up_fast = rma(max(change(src_fast), 0),...
This script works with the crossing of emas. The crossing of the ema 10 with the 25 is our input signal but we do not open an operation immediately, we wait for the backward movement that usually occurs until the ema or the space between the two emas. A further confirmation is the crossing of the previous emas with the ema 50, each confirmation is a possibility...
Custom built Parabolic Stop and Reversal (SAR)
Produces more responsive results.
Also included is an ATR based SAR which better indicates trend.
Long and short stops are marked on the chart and can be found in the style tab.
PSAR source is variable and is shown on the chart.
Trading source is variable, this is what is used to determine a change in direction...
----- YODA TRADE ULTIMATE -----
Strategy was designed for automatic USDT pairs trading. Default setting are pre-tuned to BTCUSDT pair.
--- MAIN FEATURES ---
efortless BUY/SELL signal generator (not suitable for margin trading... yet)
automatic trending detection and candle painting accordingly
sophisticated STOP LOSS able avoid flash crashes
every option is...
Triple Parabolic SAR scalping method must be used with a 5 minute chart. Look for the patterns that 3 bands overlap. Close deal within 4-5 pip profit or build your own style after getting comfortable with this technique and share your approach with us for maybe higher profits.
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