This script builds on Candle Type w/2Up + 2Dn by incorporating signals for inside + up, outside + up, + rev strat set-ups. All of these can be turned off if they compete w/ other indicators or just clutter up the chart. Briefly, the script works based on #thestrat developed by Rob Smith and the 1-2-3 bar script coded by @Crinklebine. Candle Type w/2Up + 2Dn is...
This script identifies the 2 different Candle States for use in #TheStrat. Candle Up - The close of the current candle is greater than the close of the previous candle. Candle Down - The close of the current candle is less than the close of the previous candle. Though this script is extremely simple it is a teaching aid for #TheStrat. The script also assists in...
This script combines Bollinger bands with 5 different SMA (5,10,50,100,200) with indicators for when candles are inside day or outside day i.e the Rob Smith's 1 and 3 in "the Strat"