mForex - Bollinger Bands - Pinbar scalping systemTransaction setup parameters
Time frame: M5, M15
Currency pair: Any except XAU/USD
Trading strategies
=== BUY ===
Price break out of the lower Bollinger Bands
The Pinbar reversal candlestick appears and closes the candle on the lower Bollinger Bands
Stop loss: Nearest bottom + 3-5 pips
Profit target: 10-20 pips
=== SELL ===
Price break out of the upper Bollinger Bands
The Pinbar reversal candle appeared and closed below the upper
Stop loss: Nearest peak + 3-5 pips
Profit target: 10-20 pips
* If you have any questions or suggestions for this strategy, feel free to ask us.
Scalping
PS ATR VariantProfit Sniper ATR Variant v0.1 is completely new but based off of the Profit Sniper 3.0 you know and love :
The original SNIPER operates off two timeframes in parallel, your Trend Timeframe (Higher Timeframe concerned with identifying market up & down trends), and your Trade Timeframe (Lower Timeframe to actually trade Longs & Shorts in).
Within each timeframe, you can tailor your preference for waiting for either Stochastic Ribbon cross only, or Ribbon Cross followed by Chande Confirmation for that additional market structure confidence. Flags & Alerts will then provide you with numerous trading Long & Short trading opportunities per day.
You also have the option to trade with trend so the indicator will automatically flag & alert only Shorts in a Short trend, and Longs in a Long Trend.
This version has the ATR (Average True Range) Indicator incorporated, to give trend direction (only tke longs in long trend and vice versa) and some additional safety features using ATR values.
For access please send a DM
With some extra features. such as ATR ( Average True Range ) trade entry which measures market volatility by analysing the range of asset price during a specified period.
MTF TZ-CXThis is a Beta version of Trend Indicator using Multi Time Frame Analysis to suggest a long or a short
the main use of this indicator is quick scalping and Intra-day trading.
The Indicator shows the option to show the Trend Zone and Buy/Sell Signals which the use can on or off
Also to avoid false positives we have introduced a double check using RSI,
it is defaulted to 60/30 - the users are free to change it as per their preferences
The system will not suggest a trade when the the counter in inside the RSI limits
Stop Loss - That should be done by following ones risk appetite , Ideally the open/close of the previous candle should be the stop loss for the buy/sell
but everyone has their own Risk Management Strategies based on the capital deployed.
Disclaimer : There could be scenarios when the candle is shown as a long or short and then the candle turns into opposite direction red/green .
In such scenarios , Please refer to the just preceding candle and if this candle is moving into positive direction (forming green candle) only then buy ,
Similarly Sell/Short only if this candle is forming a red candle
Three EMA Scalp Signals by kmderhamThis script looks for a set up condition where 5 consecutive candles have broken away from the fast EMA (set to 8 by default) followed by a "trigger" candle that crosses back over the fast EMA but not the medium EMA (set to 13 by default). It then determines the entry point based on the bar high or low (not tail or wick) depending on direction of the trend. Once the entry point is crossed, we can enter the position. Win or loss is determined whether the lower or upper levels are crossed (as per trend). After the position is won or lost and if the entry level is re-crossed before a new set up condition is found then a new entry signal is given.
Please note that this should really be used in conjunction with a higher timeframe "Anchor" chart with a fast and a slow EMA so setups and positions should should correspond to the trend of the higher timeframe chart. This was designed for a 5 minute timeframe and a 60 minute anchor chart.
Ehlers BandPass Filter [CC]The BandPass Filter was created by John Ehlers (Cycle Analytics For Traders pgs 56-57) and this indicator only works well in choppy markets so I figured it would be useful for the scalpers out there. As you will notice it correctly identifies the peaks and valleys in the underlying stock data but it doesn't work as well when the stock is trending. The black line is a leading signal for the indicator and so I use that as the basis for the buy and sell signals. Make sure to experiment with this one and let me know if you find any better buy and sell signals to work with since I believe this is the first time I have seen this script published. Buy when the line turns green and sell when it turns red.
Let me know if there are other indicators you would like to see me publish or if you want something custom done!
Dragonfly Doji with DMI and Volume FiltersA Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It's formed when the asset's high, open, and close prices are the same. The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open it shows that buyers were able to absorb the selling and push the price back up.
The study enhances standard Dragonfly Doji accuracy by clearing out market noises and manipulations from the indicator's triggers. Specially selected values of Directional Movement Index (DMI) components detect only strong signals while RSI bands indicator is used to find the safiest signals' closure moments.
The indicator can be applied to trading pairs with USD, USDT, ETH and BTC quote currencies. It is better to check the recent performance on each particular trading pair before apply it. The Indicator supports spot, futures and marginal trading exchanges. The best performance is obtained while using at 15m timeframe and for scalping signals
Advantages of this indicator:
1. Weak signals and market noises are filtered. This allows to receive only strong and confirmed alerts
2. The indicator includes both
Study with built-in custom alerts to use with your own software through web hook connection.
Strategy with configurable risk management settings (order size, commission, take profit, stop loss and trailing). This provides you opportunity of direct broker connection and allows to conduct backtests before applying the strategy to real account
How to use?
Long signals:
1. Apply indicator to the trading pair your are interested in at 15m timeframe chart
2. Once conditions are met price action candle will be colored yellow and DD label will be drawn. Place a long position and wait. The
3. Once price action breaks RSI resistance band, retraces and closes below the band the signal is finished and the position should be closed
Automatic strategy:
When conditions of long or short position from the strategy are met the script opens position.
Strategy.exit closes the position once risk management settings are met.
Strategy.close closes the position once RSI band rejection is confirmed
If you want to obtain access to the indicator please send us a personal message
If you want to obtain access to the indicator please send us a personal message or leave a comment
RSI with Bollinger Bands Binary system by Hashtag_binaryRSI with Bollinger Bands is binary options high/low trading system based on the volatility.
- Time frame 30min - 1H
- Expiry time 2 candles
- Markets: Forex currency pairs majors: EUR/USD, USD/CHF, GBP/USD, AUD/USD, NZD/USD, EUR/JPY, USD/JPY, AUD/JPY
Rules for RSI with Bollinger Bands Binary system
- Do not start before the economic news
- We wait for the price to eitherhit the lower bollinger band or the upper bollinger band and the moment this happens we take the trade immediatly.
Buy Put:
If the price touches the lower Bollinger band we and RSI is below the 30 we take a put.
Buy Call:
If the price touches the upper Bollinger band we and RSI is above the 70 we take a call.
MACD Binary Strategy by Hashtag_binary MACD Binary Options Strategy is an trend momentum system, It's based on the double MACD in the sub window below the chart.
- Markets: Stocks, Indicies, Metals, Forex. This binary strategy works good on the Indicies ( S&P 500, DAX, FTSE, ).
- MACD Binary System il also good as trading system for to trade.
- Time Frame 30 min or higher ( best 4H).
- Expires Time 3 bars after. (90 min, 180 min, 720 min, 3 daily).
Rules MACD Binary Options Strategy
Buy Call:
- EMA 6 over EMA 13;
- MACD ( 5, 15, 1) crosses upward MACD ( 12,26,1 );
- MACD (5,15, 1) over level 0.
Buy Put:
- EMA 6 under EMA 13;
- MACD ( 5, 15, 1) crosses downward MACD ( 12,26,1 );
- MACD (5,15, 1) under level 0.
The same conditions for entry trade.
Exit position options:
- When MACD (5, 15, 1,) crosses in opposite direction MACD (12,26,1);
- When exponential moving average crosses in opposite direction;
- Make profit with ratio 1:3 stop loss.
- Initial stop loss at the previous swing.
Binary Superscalping System by Hashtag_binaryBinary Superscalping Systyemis a trend momentum strategy designed for scalping and trading with binary options. This trading system is very accurate with the 80% profitable trades.
- Markets: Forex (EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/CAD, NZF/USD, USD/JPY,) Indicies (S&P500, Dow Jones, DAX, FTSE100) and Gold.
- Time Frame 5 min, 15min, 30min.
- Expiry Time (4-6 candles).
Buy Call or Buy:
- Trend CCI (170) crossed the zero line upwards (green bar >0);
- Entry CCI (34) crosses upward the zero line ;
- RSI (Relative Strength Index) indicator value is greater than 55 level;
- Heiken Ashi Smoothed indicator is color blue (optional).
Buy Put or Sell
- Trend CCI (170) crossed the zero line downwards (red bar <0);
- Entry CCI (34) crosses downward the zero line ;
- RSI indicator value is lower than 45 level;
- Heiken Ashi Smoothed indicator is color red (optiona).
Exit position for Scalping options:
- Entry CCI (34) crosses in opposite direction trend CCI (170),
- Profit Target:5 min time frame 7-10 pips, 15 min time frame (9-14 pips), 30 min time frame (15- 18 pips).
- Make Profit at fibopivot levels.
- Initial stop loss on the previous swing.
ADX signal Binary Options System by Hashtag_binary ADX signal Binary Options System is amanual trading system trend-momentum high/low. This system is still really interesting to use for binary options and trading without binary.
- Time Frame 15 min or higher.
- Expiry time 2-4 candles.
- Markets: Forex (Currency pairs: Majors; Index: S&P 500, Dow Jones, DAX, FTSE).
Trading rules ADX signal Binary Options System
Buy call:
1. The Moving Average line (14) is above others two Moving Averages (60 and 100 red and magenta line).
2. The TrendSignal Bar first subwindow indicator with bar green.
3. Stochastic is above 50 level.
4 If the previous conditions are agree when appear ADX green arrow you can enter buy call.
Buy Put:
1. The Moving Average line (14) is below others two Moving Averages (60 and 100 red and magenta line).
2. The TrendSignal Bar first subwindow indicator with bar red.
3. Stochastic is below 50 level.
4. If the previous conditions are agree when appear ADX red arrow you can enter buy put.
Exit position for trading without binary
Time Frame H1 and 30 min place trailing stop 15 or 20 pips, 4H time frame place trailing stop 30-40 pips depends by currency pairs.
Initial stop loss on the previous swing High/Low.
Borsa Akademi Daytrade Hardcore by HassonyaThe Daytrade Hardcore Indicator is a strategy indicator for scalping in a 5-minute time period. Indicator was produced by me by following my way through the daytrade scanning options of my respected teacher ÖZKANFİLİZ(Best Scalper in Turkey). This scan consists of 14 conditions.
We use this scan in a 5-minute time frame. Daytrade Hardcore indicator can show us how many of these conditions in bars are listed and sequentially. You can open which one you want to use.
The Daytrade Hardcore indicator has a 3-day central pivot range. If you want, you can use it to strengthen your buying and selling decision. If the bars can hold on the 3x pivot line, you're safe.
Unless the 3-day central pivot line is shattered, you can move your stocks if you wish.
The strategy also includes DHardcore Trend, Stoploss, First Support, Indicator List, Support/Resistence and S/R Zones, 3dhx central pivot, pivot points, bollinger middle bands,
You should be careful if the 3dhx central pivot breaks down. If you want, you can stop here, you can follow it for new purchase. If you want, you can watch the support point for the new purchase or follow the list and wait for the 3-day pivot to go back when the list supports the 12-13-14 condition.
Sometimes the first support point and stoploss point may change, you can follow it yourself. In this case, you will use the bottom red first support point as a stoploss.
Thanks for your support
Türkçe Açıklama
-------------------
Daytrade Hardcore indikatörü 5 dakikalık periyotta scalping içindir. İndikatör saygıdeğer hocam Türkiye'deki en iyi scalper ÖZKANFİLİZ'in daytrade taraması baz alınarak tarafımdan yaratılmıştır. Bu taramada bildiğiniz üzere 14 tane şart bulunmaktadır. Tarama 17:30 dan kapanışa kadar 5 dakikalık zaman diliminde hisse takipçisinde izlenmektedir.
Taramayı 5 dakikalık zaman diliminde kullanıyoruz. Daytrade Hardcore indikaötür bize barlarda kaç tane şart olduğunu anlık tarayarak ister liste halinde istersek sequential şeklinde gösterebilir. İsterseniz tek tek isterseniz iki seçeneği de kullanabilirsiniz.
Daytrade Hardcore indikatöründe 3 günlük merkezi pivot aralığı bulunmaktadır. Eğer isterseniz, bunu alım satım olarak kullanabilirsiniz. Eğer barlar 3 günlük merkezi pivot çizgisi üzerinde tutunabiliyorsa bu size güvenli olduğunu gösterebilir. Alım için hacim, liste ve RMI'yi kollayabilirsiniz.
3 günlük merkezi pivot noktası kırılmadığı sürece isterseniz hissenizi taşıyabilirsiniz ve mavi çizgi aşağı kırıldığı zaman çıkış yapabilirsiniz.
Bu strateji indikatöründe DHardcore Trend, Stop Noktası, İlk Destek, İndikatör İsim Listesi, Destek/Direnç(Bölgeleri), 3dhx merkezi pivot, pivot noktaları, bollinder orta band içerir.
3 günlük merkezi pivot kırılımına dikkat etmelisiniz. Eğer isterseniz, bunu izleyerek stop olabilirsiniz ve takip ederek yeni alım noktası için izlersiniz. Bunun için isterseniz destek noktası izlersiniz isterseniz mavi çizgi üstünde tutunmasını beklersiniz.Bazı belirtiler nedir? Hacmin ortalama üzerine atması, Liste 12-13-14 olması, fiyatın bollinger orta band üstüne çıkması, fiyatın pivot üzerinde olması.
Bazı zamanlarda ilk destek noktasıyla stoploss noktası değişir. Bunu izleyip kararı kendiniz verebilirsiniz. Kırmızı noktalar mavi çizginin altına indiği zaman orası stoploss noktamız olacaktır.
Destek veren bütün dostlara teşekkür ederim.
Hayrını görün.
Seven CCI Binary System by Hashtag_binarySeven CCI binary system is trend-momentum strategy based on CCI and exponential moving averages. This trading system is also good for scalping and intraday trading.
Rules for Binary Options:
- Time Frame 5 min or 15 min.
- Expiry time 4-5 candles.
- Trades only in trend.
Buy Call:
- EMA's lines color magenta above EMA's lines color blue;
- CCI lines color magenta are above CCI lines color blue and zero level.
- When thes conditions are agree buy call at opening of the next bar.
Buy Put:
- EMA's lines color magenta below EMA's lines color blue;
- CCI lines color magenta are below CCI lines color blue and zero level.
- When thes conditions are agree buy put at opening of the next bar.
Scalping:
-Time Frame 5 min, 15min.
- Currency Pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY.
- The rules for buy and sell are the same.
- When the price is within the bundle of the moving averages do not trade.
Exit position
- Make Profit on the pivot points levels or with fast profit target.
- Initial stop loss on the previous swing price.
Stochastic Oscillator Binary System by Hashtag_binaryRules
- Time Frame 1 min.
- Expires Time 3 min or 15 min (the best option).
- Markets: Forex (only volatile currency pair), Futures.
- Sessions: London and New York.
Call
- Heiken Ashi Dodger blue;
-Stochastic Oscillator cross upward from oversold Zone (conservative trade, aggressive trade: Stochastic Oscillator cross upward ).
-Matrix three square dodger blue.
Put
- Heiken Ashi white;
- Stochastic Oscillator cross downward from overbougth Zone (conservative trade, aggressive trade: Stochastic Oscillator cross downward ).
- Matrix three square withe.
This Binary System is also good for trade scalping. The same rule for entry with conservative trade:
Exit position options
- For Buy close position when the stochastic line touches 80 levels,
- For Sell close positions when stochastic line touches 20 levels.
- Initial Stop loss on the previous swing.
Ehlers Super PassBand Filter [CC]The Super PassBand Filter was created by John Ehlers (Stocks & Commodities V. 34:07 (10–13)) and this is a pretty useful indicator to let you know how volatile the market is right now. This is useful for scalpers because this lets you avoid the choppy markets (usually when the rms is 1.50 or less but feel free to choose your own level) and gives you good entry and exit points. Buy when the indicator line is green and sell when it is red.
Let me know if there are other indicators you would like to see me publish or if you want something custom done!
PS3X Pump n DumpA simple strategy that signals when price moves X amount over Y number of candles. Useful for identifying when to pause trading after a large move up or down
For access please send a DM
Ehlers Alternate Signal To Noise Ratio [CC]The Alternate Signal To Noise Ratio was created by John Ehlers (Rocket Science For Traders pgs 84-85) and this is a variation of his signal to noise ratio that some scalpers might find more useful than his default signal to noise ratio. You would want to buy and sell when the indicator is above the dotted line because that means the stock is volatile enough to maximize any movement of the trade in either direction. Buy when the indicator line is green and sell when it is red.
Let me know if there are other indicators you would like to see me publish or if you want something custom done!
Bitcoin1% : High Leverage Indicator______________________________________________________________________________________________________________________
NOTE: Bitcoin1% is designed to work EXCLUSIVELY on BYBIT BTCUSD PERPETUAL CONTRACT chart on 1min TimeFrame on regular Candles
______________________________________________________________________________________________________________________
Bitcoin1% is a specialised indicator suite designed to catch 1% Bitcoin moves in either direction for High Leverage Trading.
Example: At 10x leverage catching 1% Bitcoin move will yield 10% profit
__________________________________________________________
Mechanism Of Action:
1. Identify trend: The script observers multiple parameters on higher timeframes to identify general trend & strength.
2. Take position: Once the trend is identified the script intends to take high probability positions for a 1% move in the direction of the trend. Currently there are 21 conditions that use bespoke datasets, along with conventional datasets like RSI , MA, VWAP to filter & identify high probability entries.
3. Take profits: There are total 4 conditions for exits. Partial Exit & Total Exit for both Longs & Shorts. Although we recommend you book profit at 1% change in price of BTCUSD these 4 conditions will offer high volatility exits along the way, should you choose to hold for longer.
4. Evolving: We learn from mistakes when they happen, bad trades are dissected & studied. New conditions get added & bad trades get filtered out through updates. This keeps the script in sync with the market.
__________________________________________________________
Insight: The script performs best in trending markets, so it avoids trading structureless or sideways movement & expects reasonable judgement on the user's part to avoid trading unusual & directionless market conditions.
Trading Mindset: When Bitcoin1% indicates a long trade, it basically says "BTC is more likely to move up 1% than go down 1% form here" : The script only indicates direction of the next 1% which is all you need for High Leverage Trading. You can set target & stop at 1% & try different variations with experience.
Have Questions? Feel free to PM me on TradingView
Universal Scalping BOT (USB) - With AlertsThis Study Is based on
• RSI
• Moving Average
• Candlestick price action and
• Bulls Bears calculation.
This Study is Also has alerts inbuilt.
Alerts are for:
• Buy Active
• Buy Profit Achieved
• Buy Loss Hit
• Sell Active
• Sell Profit Achieved
• Sell Loss Hit
How to trade ?
• When Green big Up triangle Comes, Buy that time and book profit at red small circle and book loss at yellow down small triangle.
• When Red big Down triangle Comes, Sell that time and book profit at green small circle and book loss at yellow up small triangle.
► Options Available In Setting:
To Show / Hide :
• Target Line
• Stop-Loss Line
• Define Trading Sessions
► Trailing SL is calculated on candle stick price action and not on Average True Range.
Test Yourself and give feedback.
PM us to obtain access.
1 Minute Scalper
How to use:
Green background: Long
With green background wait for white bars to appear, once white bars appear wait for green bars and enter long on break of high or close of green bar. The stop out of trade should be a candle that closes below the pivot: it should be apparent. (Can enter long after white bars if it has a long tail Stop below the tail).
Red background: Short
With red background wait for black bars to appear, once black bars appear wait for red bars and enter short on break of low or close of red bar. The stop out of trade should be a candle that closes above the pivot. (Can enter short after black bars if it has a long tail).
best of luck
NSDT MidlineSimple script to plot the Midpoint between the High and Low of day for intraday trading. This is a key level that is respected quite often. Very easy to trade bounces or breakthroughs.
Intraday BUY/SELLBUY & SELL Scalp Signals for Crude Oil Future Contracts (Or it can be used with any scrip with good amount of Volume) based on Sma & RSI overbought/oversold alert (!) for possible reversal indication.
Take Buy position only if candle breaks the high of alert candle & for Sell positions, take position if candle breaks low of the alert candle.
Best to perform with 3 min timeframe on Crude Oil Futures
[KICK] NutshellThe Nutshell indicator gives you a true read of the market at quick glance – “in a nutshell”. The indicator contains components for volatility, momentum, trend strength, volume flow, price divergence detection, and impulsive move detection. This allows you to discern improved entry and exit points and accommodates many trading styles, systems, and strategies. It will work with most instruments and timeframes (though a few of the components do require volume, so some things like indexes won't work). The specific components of the indicator are:
Price action volatility indicator (the background zig-zags that are purple, orange, red, and pink). We are using a percentile ranking of ATR which gives a broader picture of the price volatility intra-bar than something like historical volatility percentile because it encompasses the range of price action and not simply the close of each bar. It is typically best to enter trades in the purple zone and “ride them out” through the higher volatility intervals.
Low volatility warning indicator (the bright green background highlights). When the ATR-PR is critically low, that means price volatility can only go on way (expand). These warnings are key to volatility strategies where knowing large moves are imminent is critical. While these warnings do not indicate the direction of the imminent move, there are plenty of other directional indicators present.
Gravity Tunnel Squeeze indicator (the yellow dots down the center-line, culminating in a yellow background highlight upon release). This is a slightly different take on the Momentum Squeeze indicator. In the traditional implementation a squeeze occurs when Keltner Channels move inside Bollinger Bands. In our implementation we use the Center of Gravity as a basis and measure when the Z-Score Deviation moves inside an ATR multiple. At the point of release you typically see an expansion of volatility, though often the signal presents earlier than an ATR-PR expansion. The longer the price action was under the squeeze the longer/farther the released price action is likely to go.
Swing Momentum indicator (white line with various red/green dots on it). The swing momentum indicator uses stochastic oscillators in the style of the ever-popular “Wave Trend” indicator to give a responsive read on the price action momentum. Green and Red dots indicate a change in direction of the momentum and when these occur in the extreme the center of the dot will be a black cross. Usually these extreme direction changes denote larger trend changes.
Momentum velocity indicator (blue area fill). This indicator can be used with the swing momentum line to determine how close/far the next direction change is away (every time the blue line crosses the zero-line a direction change occurs). The steeper the slope of this line also gives an indication of how fast the swing momentum is accelerating or decelerating.
Volatility Adjusted Volume Waves (the red/green dots across the top of the indicator) denote the current direction of price action based on cumulative volume weighted based on the ATR of the associated price action. While they are slower to respond than some of the other directional momentum components of this indicator, they can be treated as a pretty strong (conservative) confirmation of trend direction.
Strength of Trend (the blue/orange dots across the bottom of the indicator) is indicated with a Leaf-West variant of the ADX. Basically, if you see orange the price action is considered choppy and if it’s blue it’s trending. Depending on your time frame you can interpret these a bit differently. On smaller time frames you might consider the orange areas no-trade zones and wait until it turns blue.
Topping or Bottoming moves (Red triangles at the top or Green triangles at the bottom). We use a series of methods to detect likely reversal points (including checks for 10+ oscillator/price divergences). Since divergence is only confirmed after new local price highs/lows are established these reversal points won’t always be accurate, but we want to provide the earliest warning possible. Keep this in mind when taking action on them and wait a few bars for confirmation to be more conservative.
Pump and Dump warnings (red/green spirals that appear in the center of the indicator). Using 3rd generation moving average stochastics we get a very sensitive read on when they form patterns that typically precede large price action movements. These patterns work better for some markets than others so you will have to test with your instrument and timeframe to see how accurate they are for you. If you get one of these in conjunction with a red/green triangle and/or just after a low volatility or GT-Sqz release highlight, then buckle up.
The indicator also includes a number of custom alert conditions (all related to the above indicator components) that can be used to create alerts.
Use the link below to watch a tutorial video, request a trial, or purchase for access.
TQ_STOCHThis is a modified stochastic oscillator. It works very well with Forex pairs, traditional markets and has also proved itself profitable with BTC. The aim of this indicator is to help you predict a change in direction of the market.
When lower periods are above higher periods you are looking to buy of support and when lower periods are below higher periods you are looking to sell of resistance.
Lowest period: pink
Medium period: white
Longest period: turquoise
PERFECT LONG: pink line above the white and white above the turquoise. Turquoise should serve as support for the white line and white line should serve as support for the pink line. BUY when pink line tests the white line and bounces off.
PERFECT SHORT: pink line below the white and white below the turquoise. Turquoise should serve as resistance for the white line and white line should serve as resistance for the pink line. SELL when pink line tests the white line and bounces down.
You can also play less perfect signals where pink or white tests blue as support or where white is not above the blue line yet but you still get a test of the white from the pink. These are slightly more risky.
- SOME SIGNAL EXAMPLES:
Enjoy :)