piphunter ss the latest indicator in the pip hunter suite its single aim is to combine important trend analysis from multiple time frames and display the estimated direction of price based off that multi-timeframe analysis the multi-timeframe analysis is done with a series of modified SSL channels taking data from 4 different time frames and then assimilating that with a pair of moving averages periods then through a series of calculations using those 2 moving averages gives you a signal line and what we call the bacd line when they cross it signifies a new trend direction to enable entry and exit points in a lower time frame whilst still respecting the overall trend from higher time frames
things that this displays - symbol above or below candles when multiple time frames line up in the same direction and confirmed with the integrated maths mentioned above - recoloured candles when an overbought or oversold condition is met
This is best used with the rest of the pip hunter package for more info on getting access to all indicators in the package. Please message me for more information.
Notas de Lançamento
EURNZD the chart shown is EURNZDon the 4 hour time frame This is the largest to piphunter SS yet. The following is the list of changes
integrated current time frame baseline
integrated multi-timeframe baseline which is designed to grab the direction from a higher time frame
it also has the same maths from "pip hunter lmi" and the wave from "pip hunter momentum extreme" included into its calculations in an attempt to make the resultant output stronger
Notas de Lançamento
this is a full recode of the original pip hunter ss I have done this because I was never overly happy with the final product I delivered last time and decided I would rework the conditions and the style from the ground up this includes my pre-drawn support and resistance lines direct trend ideas including visual candle colour change when the idea starts and ends GBPCAD time frame is h1
Notas de Lançamento
added alerts for the colour bar start and finish
Notas de Lançamento
changed the support resistance lines so that they are less intrusive and don't have strange effects on handover point change like previous version also cleaned up the buy sell labelling a touch EURZAR chart shown is on the daily time frame
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