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ballofpaper
29 de Set de 2022 22:14

Quick and Simple - WPR+RSI+CCI 

British Pound/U.S. DollarFXCM

Descrição

Take a look.

Couple of confluencial reversal signals from popular indicators (W%R, RSI & CCI). I can only say this shows how random the "stanard tools" are and how the market makers "play" these kind of tools to their advantage.

That said. It's better tha average, but not top-class, so expect to have to take signals with other confluence. DON'T take the plots or signals as buy / sell signals, they are just confluencial movements from these indicators based on how they should be "traditionally" used. Instead, use it as a guide as to what other traders may be thinking, or as a pull-back identifier.

Included 100 period ema as basic trend filter.

Not my normal type of script + been away for some time so be kind, lol :)

You might find it useful however so sharing.

More stuff to follow :)

Notas de Lançamento

Code clean up.
Comentários
ulomadgreat
You have done a great job in coding this script! It's going to be on my chart permanently now. Thanks for sharing your work with the community.
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