Cracked BarzHello Everyone!
Today I would like to properly introduce this fun script to add more life, color, confusion, clutter, whatever you want to call it to your bars! Everything can be turned on or off to your liking however I will be adding more indicators until my charts look like a psychedelic art piece from the 70's.
For sometime now I have been accumulating ideas on how to give me some confidence when trading. So I decided to make a all-in-one indicator that will help me. Hopefully you as well will find some use for it.
Features:
1. Customize your own thresholds using emoji's for fun indications when the price moves in a certain direction.
2. Customize your own EMA values.
3. Customize your own indicators based off of symbols that you can change.
4. Customize and define your own Entry/Exit indications.
Functions:
1. Current emoji thresholds show price movement change along with selected emoji. Currently threshold defaults are set to 2,4,8,15 and 25% changes.
2. Current EMA ribbons are set to bar averages of 5,11,15,18,21,24,28 and 34.
3. Current symbol based indicators are set to values such as when EMA's cross over or under and others are set to settings defined bye oversold values and RSI values.
4. Current threshold for Entry/Exits are defined to 2 variables that can be customized. First is bar length and second is the average based on either closed, open, high and low averages or a combination of those.
My first posting of this was flagged because of lack of description. I hope this helps people understand what makes this script original and gives you a bit of insight into my logic behind it.
Thank you!
Cracked
Cracked MFIThis is my leading MFI that I use because it tends to lead and not lag.
The Bar length is where you can adjust the average based on the amount of bars.
The MFI Multiplier is used for calculating the money flow by multiplying by the volume.
The Y Position is where the sprite is on the Y axis (vertical) of the stage. The value gets higher or lower depending on how far up on the Stage the sprite is.
Hope this helps!
Cracked Entry & ExitThis just helps give you a good signal that it could be a good place for an entry. Please note that this indicator is made for scalping. This means you need to be shaving/skimming/taking profits frequently. I have found that when this signal starts to appear that is when I zoom out on larger time frames to see if it is in fact a good time to go in. I typically set a very tight stoploss and/or move it up into the green quickly. Hope this helps.
