WOTS4

WOTS Forex Indicator

The WOTS Forex Indicator gives you a true picture of the market entry points, after a scan it performs every period (after every candlestick closes) . It is pretty straightforward in its use with clear visual representation of the entry and exit points provided by the indicator.
This allows you to make improved entry and exit points either you're going long or short on any Forex pair you like, and accommodates many trading styles, systems, and strategies.
It will work along most TradingView indicators and the timeframes we recommend you using it are the 30M, 1H and sometimes the 4H chart.
The specific components of the indicator are:

Methodology:
  • The indicator uses a MACD oscillator to determine the local trend direction and to give buy & sell signals when its conditions are met.
  • An optional build-in indicator, exponential moving average cross ( EMA cross), can be used to filter out 'false' signals.
  • The calculation of the entry points are drawn from universal prices that fit every pair in the Forex market you may choose.
  • Persistent variables are used for buy and sell prices, enabling color-coding of the signals (profitable or not).

Features:
  • Color coded labels - Buy & Sell
  • Four types of entries - Bull Buy = orange, Scalp Buy = green & Bear Sell = purple, Scalp Sell = red
  • Universal prices fitting all Forex pairs
  • Four Buy and Sell signal alerts

Remarks:
In our experience and recommendation, the values used work best on the 30-minute & 1-Hour timeframes. We encourage everyone to experiment the best results we had, were on this specific timeframe, higher or even lower.
Using the indicator on non-standard charts (Heikin Ashi, Renko etc.) can produce unrealistic results.


- Thanks to John Aslanis and Alexandros Temelkou the idealists and creators of this indicator.


Use the link below to watch a tutorial video, request a trial, or purchase for access

초대 전용 스크립트

이 스크립트에 대한 접근은 작성자가 승인한 사용자로 제한되며, 일반적으로 지불이 필요합니다. 즐겨찾기에 추가할 수 있지만 권한을 요청하고 작성자에게 권한을 받은 후에만 사용할 수 있습니다. 자세한 내용은 WOTS4에게 문의하거나 아래의 작성자의 지시사항을 따르십시오.

트레이딩뷰는 당신이 스크립트 작성자를 100% 신뢰하고 스크립트의 작동 방식을 이해할 때까지 스크립트 비용을 지불하고 사용할 것을 권장하지 않습니다. 대부분의 경우 트레이딩뷰의 커뮤니티 스크립트 에서 무료로 좋은 오픈 소스 대안을 찾을 수 있습니다.

작성자 지시 사항

Visit WOTS for access to our paid indicators and other forex trading services https://wots.gr/

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