Evista Flow

15 часов назад

Here’s a simple summary of how to use the combined indicator for trade entries:

1. Core Market Conditions (Table)

MODE: Choose your style (Scalp, Day Trade, Swing). This adjusts thresholds for ADX and other logic.

ADX: Look for MODERATE → STRONG trends (20–50).

Below 20 = weak/sideways (avoid entries).

Volume (Vol > MA*x): Prefer entries when volume is UNUSUAL, showing participation.

RSI:

Look for pullbacks in a trend (RSI near 40–60 in strong trends).

Avoid buying when RSI is already overbought (>70–80) or selling when oversold (<30–20).

ATR: Check volatility. Higher ATR = wider stops needed. ATR% helps size positions.

2. Entry Logic

For Longs (BUY idea):

ADX = MODERATE/STRONG.

Vol = UNUSUAL.

RSI = not overbought (ideally 40–60).

ATR shows manageable volatility for your stop size.

For Shorts (SELL idea):

ADX = MODERATE/STRONG.

Vol = UNUSUAL.

RSI = not oversold (ideally 40–60).

ATR confirms room to move.

3. High/Low + Premarket Module (Optional)

Yesterday’s High/Low: Use as support/resistance.

Breakout above yesterday’s high → bullish bias.

Breakdown below yesterday’s low → bearish bias.

Premarket High/Low: Often intraday key levels.

Break and hold above PM High = strong bullish momentum.

Break and hold below PM Low = bearish momentum.

4. Putting it Together

Look for alignment: Trend strength (ADX), volume confirmation, reasonable RSI, and price reacting around Yesterday’s or Premarket levels.

Entry trigger: Enter after price confirms direction (break + retest, or momentum push with volume).

Stops/Targets:

Use ATR to size stops (e.g., 1× or 1.5× ATR).

Targets can be next High/Low or multiples of ATR.

In short: Trade in the direction of trend when ADX and volume confirm, avoid overextended RSI, and use Yesterday’s/Premarket levels plus ATR for entries, stops, and targets.

14 часов назад

Информация о релизе

Here’s a simple trade entry summary for your Evista Flow indicator:

1. Check Trend Strength

ADX:

WEAK (<20) → no trade.

MODERATE (20–40) or STRONG (40–50) → good trading conditions.

VERY STRONG (>50) → strong trend but risk of exhaustion.

2. Confirm Market Participation

Volume (Vol > MA*x):

UNUSUAL → confirms strong interest, better trade reliability.

NORMAL → weaker conviction, be cautious.

3. Time the Entry with RSI

In a bullish setup:

Enter when RSI pulls back near 40–60 in a strong uptrend.

Avoid new longs when RSI is overbought (>70–80).

In a bearish setup:

Enter when RSI pulls back near 40–60 in a strong downtrend.

Avoid new shorts when RSI is oversold (<30–20).

4. Use Key Levels for Triggers

PDH / PDL (Previous Day High/Low) → major breakout levels.

PMH / PML (Premarket High/Low) → intraday breakout/reversal levels.

Break and hold above PDH/PMH → bullish bias.

Break and hold below PDL/PML → bearish bias.

VWAP (optional):

Longs are stronger above VWAP.

Shorts are stronger below VWAP.

5. Manage Risk with ATR

Use ATR to size stops and targets.

Example: Stop = 1× ATR below/above entry.

Target = 2× ATR or next major level (PDH/PDL, PMH/PML).

In short: Enter trades in the direction of the ADX trend, only when volume is strong, RSI is not overextended, and price confirms by breaking/holding above or below PDH/PDL or PMH/PML, with VWAP as extra confirmation. Always size stops/targets with ATR.

11 часов назад

Информация о релизе

Here’s a simple summary of how to use the combined indicator for trade entries:

1. Core Market Conditions (Table)

MODE: Choose your style (Scalp, Day Trade, Swing). This adjusts thresholds for ADX and other logic.

ADX: Look for MODERATE → STRONG trends (20–50).

Below 20 = weak/sideways (avoid entries).

Volume (Vol > MA*x): Prefer entries when volume is UNUSUAL, showing participation.

RSI:

Look for pullbacks in a trend (RSI near 40–60 in strong trends).

Avoid buying when RSI is already overbought (>70–80) or selling when oversold (<30–20).

ATR: Check volatility. Higher ATR = wider stops needed. ATR% helps size positions.

2. Entry Logic

For Longs (BUY idea):

ADX = MODERATE/STRONG.

Vol = UNUSUAL.

RSI = not overbought (ideally 40–60).

ATR shows manageable volatility for your stop size.

For Shorts (SELL idea):

ADX = MODERATE/STRONG.

Vol = UNUSUAL.

RSI = not oversold (ideally 40–60).

ATR confirms room to move.

3. High/Low + Premarket Module (Optional)

Yesterday’s High/Low: Use as support/resistance.

Breakout above yesterday’s high → bullish bias.

Breakdown below yesterday’s low → bearish bias.

Premarket High/Low: Often intraday key levels.

Break and hold above PM High = strong bullish momentum.

Break and hold below PM Low = bearish momentum.

4. Putting it Together

Look for alignment: Trend strength (ADX), volume confirmation, reasonable RSI, and price reacting around Yesterday’s or Premarket levels.

Entry trigger: Enter after price confirms direction (break + retest, or momentum push with volume).

Stops/Targets:

Use ATR to size stops (e.g., 1× or 1.5× ATR).

Targets can be next High/Low or multiples of ATR.

In short: Trade in the direction of trend when ADX and volume confirm, avoid overextended RSI, and use Yesterday’s/Premarket levels plus ATR for entries, stops, and targets.
3 hours ago
Release Notes

Here’s a simple trade entry summary for your Evista Flow indicator:

1. Check Trend Strength

ADX:

WEAK (<20) → no trade.

MODERATE (20–40) or STRONG (40–50) → good trading conditions.

VERY STRONG (>50) → strong trend but risk of exhaustion.

2. Confirm Market Participation

Volume (Vol > MA*x):

UNUSUAL → confirms strong interest, better trade reliability.

NORMAL → weaker conviction, be cautious.

3. Time the Entry with RSI

In a bullish setup:

Enter when RSI pulls back near 40–60 in a strong uptrend.

Avoid new longs when RSI is overbought (>70–80).

In a bearish setup:

Enter when RSI pulls back near 40–60 in a strong downtrend.

Avoid new shorts when RSI is oversold (<30–20).

4. Use Key Levels for Triggers

PDH / PDL (Previous Day High/Low) → major breakout levels.

PMH / PML (Premarket High/Low) → intraday breakout/reversal levels.

Break and hold above PDH/PMH → bullish bias.

Break and hold below PDL/PML → bearish bias.

VWAP (optional):

Longs are stronger above VWAP.

Shorts are stronger below VWAP.

5. Manage Risk with ATR

Use ATR to size stops and targets.

Example: Stop = 1× ATR below/above entry.

Target = 2× ATR or next major level (PDH/PDL, PMH/PML).

In short: Enter trades in the direction of the ADX trend, only when volume is strong, RSI is not overextended, and price confirms by breaking/holding above or below PDH/PDL or PMH/PML, with VWAP as extra confirmation. Always size stops/targets with ATR.
Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.


evistatrading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Trad