NorthStarDayTrading

NSDT Scalping Channel

This script uses the highs and lows of the candles (instead of the close) to make a "channel" to reference while scalping.

Use the green lower line as a guide to go long and the red upper line as a guide to go short. You may use the lines as potential entry points and direction but you may want to consider exiting before the opposite colored line prints, as that may be too late. As always, entries and exits are at the discretion of each trader.

You will need to adjust the "Line Spacing" settings as you change instruments, chart timeframes, and/or volatility increases/decreases.
Notas de Lançamento: By request, added the ability to set alert for long or short condition.
Remover dos scripts favoritos Adicionar aos scripts favoritos
Custom indicators, trading coach - https://NorthStarDayTrading.com

Comentários

since it is based on high and low so probably can repaint within candle. recommended after close ? anything else for taking trade based on it ?
Resposta
@daytraderph, The entries will vary from person to person. I suggest waiting for the candle to close to get an accurate print. Also, consider entering when the color opposite your position direction is gray. For example, if you are interested in a long position, consider entering when the lower line in green and upper line is gray (not red). Good luck.
+1 Resposta
daytraderph NorthStarDayTrading
@NorthStarDayTrading, thanks you idea and explanation is cool . i made a study to show actual buy and sell but it creates noise .. looks like everything works on just trending markets only .
Resposta
daytraderph NorthStarDayTrading
i like the name of your account much , it's viking of own type :) @NorthStarDayTrading,
Resposta
can you make it any alert about the color change of ema line?
Resposta
@finetime1000, Alertcondition added per request
+1 Resposta
great! thkx!!
Resposta
@bernylr1984, You're welcome
Resposta
Início Rastreador de Fundamentos Rastreador Forex Rastreador de Criptomoedas Calendário Econômico Como Funciona Recursos gráficos Preços Indique um Amigo Regras da Casa Central de Ajuda Soluções para Sites & Corretoras Widgets Soluções em Gráficos Biblioteca de Gráficos Lightweight Blog & Notícias Twitter
Perfil Configurações de perfil Conta e cobrança Indique um Amigo Meus Tíquetes de Suporte Central de Ajuda Ideias Publicadas Seguidores Seguindo Mensagens Privadas Conversa Deslogar