lejmer

BERLIN Renegade - Entry and Exit

This is the entry and exit part of a larger algorithm called the "BERLIN Renegade". It is based on the NNFX way of trading, with some modifications.

For entry, it consists of Modified Chaikin Oscillator and Advanced MACD . The Advanced MACD is not available on its own, but all others are publically
available.

For exit it consists of the DIDI Index and the QQE line (original idea by Jie). Special thanks to Michael Kuczynski for the idea to include the FTLM digital filter.

Long signal: Green bars (upper and lower are both green)
Short signal: Red bars (upper and lower are both red)
Exit signal: Purple bars (bottom) - DIDI Index with QQE line
즐겨찾기 스크립트에서 빼기 즐겨찾기 스크립트에 넣기

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how do i make the exit indicator faster?
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lejmer itzalphz
@itzalphz, Try lowering the Curta (Short) Length, the Media (Medium) Length, and/or the Longa (Long) Length. You could also change the Didi Index MA to a faster MA, like EMA, or lower the QQE Factor.
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Thanks Lejmer for a wonderful indicator. Can you please let me know if this can be useful on 15 min time frame? If yes then what changes should be made in the settings for better entry and exit?
Do we have to tick advanced MACD too? it makes certain bars black..what does that mean? Is it just a pause or something else? Sometimes purple bars are consecutive..what does that mean?

Please guide me to use it very effective way for intraday 15 min time frame or lower.
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is this indicator a all in one indicator or do we have to add the mentions indicators with this?
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lejmer Kas14
@Kas14, This is meant to give you possible entries and exits. To trade in the style of NNFX you still need a volatility or volume indicator and a baseline. I have examples of that in the BERLIN Renegade algo. However, do remember that this algo was designed for scalping shorter timeframes, and not for trading the daily (although people have used it on the daily with some success). This is why it is called "Renegade".
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Does this indicator repaint?
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lejmer mattwolf13
@mattwolf13, No. :) Unless you count the open candle. Then it repaints until the candle closes, like basically every other indicator out there, hehe.
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hwo to add in tradingview?
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Sir @lejmer , If got only one bar horizontally appear each (red and green or green and red) what the action...? Buy or sell...?
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lejmer MrMama
@MrMama, Then you dont have a valid signal, so it doesnt signal to either buy or sell.
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홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 사용안내 차트 특징 프라이싱 프렌드 리퍼하기 하우스룰(내부규정) 헬프 센터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 라이트웨이트 차팅 라이브러리 블로그 & 뉴스 트위터
프로화일 프로화일설정 계정 및 빌링 리퍼드 프렌즈 코인 나의 서포트 티켓 헬프 센터 공개아이디어 팔로어 팔로잉 비밀메시지 채팅 로그아웃