hi to all lovable traders,
hereby i want to share a combination of trade ideas for scalping
i've chosen hourly timeframe
indicators used: moving averages and rsi
ema 3, ema 5, ema 7
sma 3, sma 5, sma 7
rsi 7, rsi 14, rsi 26
daily_rsi_7, daily_rsi_14, daily_rsi_26
as per the analysis over...
This is a short term EMA cross which is used primarily used for the 1HR chart and below perfect for highly volatile markets . Color coded for clear signals and easy to read crossovers strategy. I recommended for crypto currency trading or high volatility markets.
Green over Red= Buy Signal
Red over Green= Sell Signal
Green over White= Uptrend
Code takes six pairs that are highly correlated to GBPNZD and determines if their ROC's are increasing or decreasing. If a pair has an increasing ROC it is given a 1, if decreasing a -1. The numbers are all added up (this is similar to a count for counting cards in blackjack). If the count goes positive the strategy enters a long position, if negative a short...