The WWG Plan Indicator V2

2021년 2월 7일

█ OVERALL

This indicator was specifically created for the Walsh Wealth Group.
In short it is a fusion of some of the most basic and widely used indicators to show overbought patterns and trend reversals.
Its best usage is with LTF scalping and agressive profit taking but can also be used to find HTF dips and buy-zones.


█ FEATURES

Buy Signal (Buy):
Printed only with all confirmations triggered

Small Buy Signal (B1 & B2)
Printed if some of the confirmations are triggered and can be treated as DCA entries or for further
confirmation with other indicators and basic TA.

Crayons (Color Bars):
Blue: RSI is oversold
Olive: RSI and Stoch RSI are oversold
Yellow: RSI, Stoch RSI are oversold and lower Bollinger Bands are crossed by Low
Orange: RSI, Stoch RSI and CCI are oversold

Trailing SL:
If activated in the config, a trailing SL can be displayed on the chart based on ATR.


█ SETTINGS

The underlying indicators used are RSI, Stoch RSI, Bollinger Bands, MACD and CCI.
All possible configs can be changed in the config settings.


█ GENERAL INFORMATION

Depending on the settings, the indicator performance will be highly affected.
This indicator is only displaying highly oversold areas and events of trend reversal it is not a *God*-Signal and will print false positives.


█ ALERTS

An alert for the main buy-signal is implemented and can be used via the TV alert functionality.

2021년 2월 10일

릴리즈 노트

Changed color settings