This script is the programmed version of my daytrading methodology. It is my firm belief that, a successful and legendary trader is someone who can trade with confidence, confirmation and comfort. They always find the setups they are familiar with , trade them over and over again, and they will get the result.
As someone still on the path to becoming one of them, today I will share just one of my favorite setups I consistently trade with - VER (volume expansion reversal). Fist two important elements for this setup - extraordinary volume and reversing price action. Most important thing is to " Buy low , sell high".
The logic is simple, if you observe more , you can easily find out the combinations to building this script. You just need to check the price action , volume and moving average.
P.S The recommended timeframe for use is 1-5 min(s) , lime background is for buying , aqua background is for selling
If you like my scripts and ideas , follow my little account. I promise I will always bring you surprise!!! 😘
@lonelygrass, I'll try lol. .I find the set up VERY visually appealing, calming colors :) the background works smoothly, but I am unsure what triggers it (x 200 EMA perhaps?) and the red/green tabs appear kind of randomly, not sure how they are connected to buy/sell signals. Thanks!
lonelygrass
⋅
@Hociemocie, u can choose only show buy or sell signals in the settings... Green is buy , red is sell , easy ... 200 Ma ,cool , u got me.