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ChuckBanger
7 Eki 2019 20:33

My Recursive Bands [ChuckBanger] 

Bitcoin / U.S. dollarBitstamp

Açıklama

This is a different type of bands. I modified Alex Pierrefeu Recursive Bands algo. It is a smoothed version of Alex's algo and imo it suites better for heikin ashi candles but it works well with regular candles.

How to use it:
When price hugs the upper band. It is a potential long and when price hugs the lower band it is a potential short.

Credits to Alex Pierrefeu: figshare.com/articles/RECURSIVE_BANDS_-_A_NEW_INDICATOR_FOR_TECHNICAL_ANALYSIS/9762845
Yorumlar
mrgr888n
only experienced eyes can see those hugs))
ChuckBanger
@mrgr888n, Is it? Is it the color that makes it hard?

I marked upper hugs with red and lower with green:
mrgr888n
@ChuckBanger, I think I just got wrong the whole idea. Now I see)) What filter indicators you may suggest? I see volume on your screenshot.
ChuckBanger
@mrgr888n, what instrument do you trade? Volume on my chart is the standard volume indicator on Tradingview
mrgr888n
@ChuckBanger, trying to trade btc-usd)
ChuckBanger
@mrgr888n, You can use this to get potential long or short entry: tradingview.com/script/hqJGWNKa-Aroon-Histogram-CMO-ChuckBanger/

Or you can use RSI or my MACD Leader is really good to find potential trades
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