Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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This signal indicator combines some key turning points including Fractals, Volume , Moving average and Momentum to try and pinpoint the moments a breakout or reversal is likely.
Purple Arrows: Shows a possible breakout/breakdown is pending. Wait for the close and only pay attention to the most recent arrows. Place a long/short sell above or below the purple price line which will be generated at the time of the signal generated.
An ideal setup will include watching the AO/AC/Oscillator to make sure they align with the direction of the entry.
v2: -Added labels to arrows -Added optional rules for stricter fractal identification -Added more toggling options to help with cleaner charting
v3: -Added reversal signals -Added Buy and Sell signals Buy and Sells can be used on their own with the traditional stop losses. The ideal scenario would be to combine the Buy and Sell signals with a Fractal Breakout/Breakdown
Notes de version
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Added Fractal Price lines
Notes de version
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Added "PB Boost" signal -- signifies an identified pullback with a good likelihood of continuing the current trend.
A wonderful combination of signals which has a very high hit rate is:
-A "Buy" signal followed by -A "Boost" signal followed by -A breakout of a LONG Fractal
The long position would be placed at the breakout of the long fractal green line. The opposite is true for shorts.
Notes de version
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Add PB Boost Alarm
Notes de version
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v3.5 Update to reduce lag from the buy/sell signals.
Notes de version
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Added Trend MA and Divergence
Notes de version
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Updated Buy/Sell logic
Notes de version
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Integrated fractal SL overlay script into this one and updated the price bar logic