OPEN-SOURCE SCRIPT
4X Global Trend Signal
NOTE: This is an invite-only script for paying 4X Global Members.
When you request access, please provide your 4X Global username. I cannot provide access until I cross-check your 4X Global account to verify that you have one and that it is active.
If you are not a 4X Global member and want access; a 4X Global Membership is only $19 per month. You can read more: Click Here
I had 4X Global code this indicator based on several of their tools. This indicator is a combination of several 4X Global data sources. When all of the sources confirm a trend (based on my criteria), the indicator draws a 'buy' or 'sell' label on the chart. This is a very simple indicator to use and it's darn accurate. I may automate it at some point.
This indicator does NOT repaint, but it will flash on/off during the current bar until it closes. Do NOT enter a trade until the current bar closes with a signal. You enter at the open of the succeeding candle (i.e. the candle immediately after the signal candle).
There is only one variable to adjust; 'Risk'. When you increase the Risk variable, you are increasing your trading risk because the indicator will not respond as fast. However, I have found that higher settings filter out the noise better.
For me, the sweet spot seems to be on the 30 minute chart with a Risk value of '24'. If you find additional 'sweet spots' for this indicator, please share them with your fellow 4X Global members.
Please direct any/all support question to me. I will do my best to answer them.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
When you request access, please provide your 4X Global username. I cannot provide access until I cross-check your 4X Global account to verify that you have one and that it is active.
If you are not a 4X Global member and want access; a 4X Global Membership is only $19 per month. You can read more: Click Here
I had 4X Global code this indicator based on several of their tools. This indicator is a combination of several 4X Global data sources. When all of the sources confirm a trend (based on my criteria), the indicator draws a 'buy' or 'sell' label on the chart. This is a very simple indicator to use and it's darn accurate. I may automate it at some point.
This indicator does NOT repaint, but it will flash on/off during the current bar until it closes. Do NOT enter a trade until the current bar closes with a signal. You enter at the open of the succeeding candle (i.e. the candle immediately after the signal candle).
There is only one variable to adjust; 'Risk'. When you increase the Risk variable, you are increasing your trading risk because the indicator will not respond as fast. However, I have found that higher settings filter out the noise better.
For me, the sweet spot seems to be on the 30 minute chart with a Risk value of '24'. If you find additional 'sweet spots' for this indicator, please share them with your fellow 4X Global members.
Please direct any/all support question to me. I will do my best to answer them.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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