This indicator uses momentum, emas, macd trend, probability to find the best entry for both long and short positions.
L = Long
When the low goes below the green line (ema fast low), close is above open and momentum is up
S = Short
When the high goes above the red line (ema fast high), close is below open and momentum is down
XS = Exit short at potential bullish pivot
When the low is below a red step (probability) and below ema fast low and both ema fast high and low are 0.5 % (can be changed in the settings) spread, and high is below ema fast low and open is at least 0.2 % spread (can be change in the settings).
XL = Exit long
When the high is above ema fast high and above a green step (probability) with at least 0.2 % spread (customizable in the settings)
The win rate changes based on the % change parameter. The lower the % change the higher the win rate will be.
Green and Red background shows you a bull trend or bear trend. It uses the Mac signal (periods are customizable in the settings).
You can add alerts for Long / Short / Exit Long / Exit short.
You can adjust parameters in the settings.
Use your own judgement to place trades. This algorithm helps you remove the stress of trading.
Hello, good job on this indicator. Can you pls explain how to add alerts for SLL and SLS , I really can't use SL if I can't get alerts?
Crypto_Eddy
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@marvel982, Hi, you can't currently. I'm working on the premium algorithm that I will release soon.
marvel982
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@Crypto_Eddy, ty for the reply can you provide other ways of contacting you i would like to send you my observation so far on indicator. Looking forward to your premium indicator.
Crypto_Eddy
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@marvel982, check my website there's a discord you can dm me there
Rouhu
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how you suppose to place the trades when L-XL and S-XS are within the same bar or L comes right after S ?
Crypto_Eddy
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@Rouhu, when L shows up you Long and as soon as XL shows up you exit long. As for the reversal, it's difficult to predict because the Market can be very volatile even if all conditions are set for a Long or Short.
marvel982
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@Rouhu, Hello Rouhu, in what time frame did you notice this?
luisarielgonzalezb
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Hi, I follow you on tiktok. Could you please turn this indicator in a strategy.
Freekshot
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What those green / red % mean on right of chart? Is it normal that XL, XS doesnt show always?
Crypto_Eddy
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@Freekshot, it's the number of winning trades in green and losing trades with % change of X (you can change that in the settings). And yes because it doesn't meet the criteria for showing. But there's still room for improvements of course.
Can you pls explain how to add alerts for SLL and SLS , I really can't use SL if I can't get alerts?