This script combines the usage of the SMMA indicator in order to provide signals for opening and closing trades, either buy or sell signals.
It uses two SMMA , a fast and a slow one, both configurable by the users.
The trigger of Buy and Sell Signals are calculated through the SMMA crosses:
Buy Signals: The fast SMMA crosses over the slow SMMA . They are...
This gives to you buy-sell signal with MACD's histogram trends.
Use "Fast and Slow length" and "Trend of Histogram Number" inputs to take less or more signal.
"Trend of Histogram Number" : This means how many histogram bars the trend continues before trading.
Estimating the Peaks and Valleys or extrema of the price is one of the best way to catch up early movements of a trend. Of course there is no perfect way to do so, if we want a perfect estimation of peaks and valleys then we must use a non causal indicator (repainting), if we want a causal indicator (non repainting) then we will need to tradeoff...
NOTE: This is an invite-only script for paying 4X Global Members.
When you request access, please provide your 4X Global username. I cannot provide access until I cross-check your 4X Global account to verify that you have one and that it is active.
If you are not a 4X Global member and want access; a 4X Global Membership is only $19 per month. You can read more:...