Day Trade Signals 1 Min Chart w/ RB Detector

THIS INDICATOR WAS DESIGNED TO WORK WITH SUPPORT/RESISTANCE LINES WHICH YOU MUST DRAW YOURSELF. It creates long and short signals which ONLY WHEN YOU ARE CLOSE TO OR CROSS YOUR S/R LINES should you pull the trigger. It was made from combing:

5,2, and 1 minute stochastic oscillator:
Yellow dots are formed below a candle when the 2 and 1 minute oscillator are < 21; yellow dots are formed above a candle when the 2 and 1 minute oscillator are > 79.
Green dots are formed below a candle when the 5, 2, and 1 minute oscillator are < 21; green dots are formed above a candle when the 5, 2, and 1 minute oscillator are > 79.
**The dots are not buy or sell signals. It just lets you know a signal will be coming soon.

Long (B) and Short (S) signals.
Yellow B are formed below a candle when the 2 and 1 minute oscillator are <21 + the bar closes in the lower 25% of itself; yellow S are formed above a bar when the 2 and 1 minute oscillator are > 79 + the bar closes in the upper 75% of itself.

Green B are formed below a candle when the 5, 2 and 1 minute oscillator are <21 + the bar closes in the lower 25% of itself; green S are formed above a bar when the 5, 2 and 1 minute oscillator are > 79 + the bar closes in the upper 75% of itself.

** It's what I call a pull back candle which should get you closer to the top of the bars in it's range to get better pricing.

Reverse Bar Detector

This indicator identifies reverse bar patterns which include, engulfing , doji , and other bars where the body of the candle is in the lower half or upper half of the candle. No need for trying to identify and understand several other complex patterns.

Green (+) above candle indicates a reverse bar in preparation for a long position.
Red (+) below candle indicates a reverse bar in preparation for a short position


To have the highest probability of a winning trade

1) be in your s/r line area
2) identify 1 or more reverse bar signals
3) buy when you see the corresponding B or S

***This is a day trading indicator which means if you want the best price you need to pull the trigger AS SOON AS THE CANDLE CLOSES. It's best if you do not pull the candle until the candle closes to confirm the candle is actually a pull back.