The original script was posted on ProRealCode by user Nicolas. This indicator is an attempt of scalping strategy by crossing the mean high or low weigthed price over a short "n" period. This 2 lines represent the black "trench" on screenshots attached. When signal line (blue one) crossing the buy trigger one (dotted green one) a buy signal should occur and...
This is a simple scalping strategy that works for all time frames... I have only tested it on FOREX It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA. If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL. If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL. The red line is the...
This Oscillator helps to identify the ending of waves, good to get entries and exits. Now, with a tolerance line.