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Dragon

Dragonfly Doji with DMI and Volume FiltersA Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It's formed when the asset's high, open, and close prices are the same. The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open it shows that buyers were able to absorb the selling and push the price back up. The study enhances standard Dragonfly Doji accuracy by clearing out market noises and manipulations from the indicator's triggers. Specially selected values of Directional Movement Index (DMI) components detect only strong signals while RSI bands indicator is used to find the safiest signals' closure moments. The indicator can be applied to trading pairs with USD, USDT, ETH and BTC quote currencies. It is better to check the recent performance on each particular trading pair before apply it. The Indicator supports spot, futures and marginal trading exchanges. The best performance is obtained while using at 15m timeframe and for scalping signals Advantages of this indicator: 1. Weak signals and market noises are filtered. This allows to receive only strong and confirmed alerts 2. The indicator includes both Study with built-in custom alerts to use with your own software through web hook connection. Strategy with configurable risk management settings (order size, commission, take profit, stop loss and trailing). This provides you opportunity of direct broker connection and allows to conduct backtests before applying the strategy to real account How to use? Long signals: 1. Apply indicator to the trading pair your are interested in at 15m timeframe chart 2. Once conditions are met price action candle will be colored yellow and DD label will be drawn. Place a long position and wait. The 3. Once price action breaks RSI resistance band, retraces and closes below the band the signal is finished and the position should be closed Automatic strategy: When conditions of long or short position from the strategy are met the script opens position. Strategy.exit closes the position once risk management settings are met. Strategy.close closes the position once RSI band rejection is confirmed If you want to obtain access to the indicator please send us a personal message If you want to obtain access to the indicator please send us a personal message or leave a comment
Pine Script® göstergesi
Skyrexio tarafından
11
EA DragonThis indicator helps predict an upcoming candle 3 colors (red,yellow,green) and 20 switches are based on the Overbuy Support and Oversell Resistance(lines that my followers already know about) Green is for the grow, red is for the price drop, and yellow is a NO TRADE ZONE (too much doubt) Here you can see an example of a ETH/USD weekly chart: Pay attention to Overbuy Resistance line dropping before significant price drops Here you can see another example of an ETH/USD daily chart You will always be "alerted" with a yellow cell when doubt comes to the market, and if you see a red cell during grow maybe it is time to consider short exit It's free to try, so kindly PM and get access.
Pine Script® göstergesi
sequentialvision tarafından
11