NGRN MACD-X & RSI v4

MACD-X, RSI & Volume Indicator & Alerts Study - Version 4

Overview

This study and it's associated strategy were modeled after the famous Philakone described algorithms on his now defunct instructional video series.
This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading methods to their desired goals.
This associated strategy also allows users to backtest the study alerts script and find the best settings towards that end.
MACD + RSI + VOLUME - are of the most powerful and widely usded indicators, MACD/Histogram crosses, coupled with RSI & Volume increases/decreases will detects areas of deeply oversold / overbought and buys/sells on the reversal


Features

• Full customisation - All parameters are open for customising to allow the trader to build their own strategy and adapt from market to market.
  
• Clean/Simple UI - Facilitating ease of use.
  
• Enable Buying OR Selling, - or have them both active at the same time.
  
• Toggle off and on ALTERNATING Buy and Sell feature (pyramiding) - to allow for consecutive DCA style buys or SCALING out of an entry (partial sell).
  
• Customizable Stop-Loss plot - to enable users to create a STOP-LOSS alert option or other alert(s) based on the plot location. See settings screenshot.
  
• Toggle Auto Stop-Loss sell option - to enable users choose whether or not to automatically issue a sell signal when close crosses stop loss plot, or choose to toggle off if not profitable.
  
• Customizable Take-Profit plot - to enable users to create a TAKE-PROFIT alert option or other alert(s) based on the plot location.
  
• Study and associated Strategy - to use the TradingView ‘Strategy Tester’ back-testing features to find the best alert settings for specific coins in bear, bull and sideways markets.
  

Changes Version 4

• Improved STOP-LOSS plot draw (red line).
  
• Added the option to automatically sell when stop-loss cross triggered or have the option disabled, in the event a better profit can be achieved.
  
• Added new TAKE-PROFIT plot (aqua line) to visually guide users where to place the TAKE-PROFIT parameter as well as give users options to create alerts based on the TAKE-PROFIT plot.
  

Access

Full Access is 0.1 ETH, one time fee for LIFETIME access to the STUDY indicator, STRATEGY and future updates as well as support and SETTINGS for various markets on the Binance Exchange.

Settings

SCREENSHOT LINKS:
BUY SETTINGS: prntscr.com/juoy3c
SELL SETTINGS: prntscr.com/juoydr