I publish my private indicator. The colored line is called SFI
When it turns blue, it's bullish (enter with a dot) When it turns purple, it's bearish (enter with dot)
The SFI is "followed" by he bollinger bands.
I use the RV²I as factor
Do not use it allow to trade
I added a RSI option to see when to exit early
Shotoki
Thank's Muxxy for the idea (BB bands)
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I changed a bit the RSI_mode mode I use to take early exit
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I updated the screenshot to make visible the RSI
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I added dots for the RSI mode
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I added the posibility to change the bollinger bands settings and the smoothing of the SFI
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Many new options, you can use other index than the SFI (CCI modified, and Muxxy Force Index)
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Update of the chart ...
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I changed the color of the dots when the indexes enter inside the BB Band
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code is lighter (removed useless options) I added the extremum lines to see if the SFI is at itstop or its low (options)
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I added the ATR confirmation in the preferences. If the ATR is increasing then white dot will appear, else black dots. It's like a volume confirmation
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I removed the RSI mode I changed the color of the SFI, by adding extemum values. If the line becomes lighter then it's more dangerous to enter a trade. I try not to at least I can also exit my trade if the line become darker again
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Chart update
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This time, big changes !
I changed a bit the display of the settings and preferences You can now chose to display a Board helping you to understand the current trend / reset of the oscilator
You can also display an histogram - The area is the current SFI line, when it's above 0 we are more likely to be in a bull trend - The histogram represent the difference between the SFI line and the upper/lower BBand regarding where it crosses. - The Board is here to help you understand the histogram
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New features available !
- I changed the settings, I tried to make it clearer - I added some filters for the histogram mode - You can display now the SEF "pressure. SEF is one of my indicator, I use it to exit ealier so I appears as crosses above/below the SFI line
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I updated the Settings to have a easier experience (I guess) and a better display
Ce script est publié en code source fermé et vous pouvez l'utiliser librement. Vous pouvez le préférer pour l'utiliser sur un graphique. Vous ne pouvez pas visualiser ou modifier son code source.
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