This strategy is built to confirm the profitability of buying oversold using RSI indicator. Buy & Sell point will appear on price chart. Entry Point : RSI3, RSI10, AND RSI14 below 26. Cut Loss : Entry Price - 5%. Take Profit : Entry Price + 10%. 5 entries allowed in same direction eventhough open trade not yet closed. In layman words, you keep buying new low...
This is a script request by trader @liquidentourage This script analyses the market at high or low peaks and uses price action to enter the trade
-------------------------------------------------Indicator Information------------------------------------------- My name is Joe, I have been coding and designing JTS indicator for over 2 years. Most day traders have different side business like property rentals or shipping. This is my side business; creating the most advance complex buying indicator strategy....
-------------------------------------------------Indicator Information------------------------------------------- My name is Joe, I have been coding and designing JTS indicator for over 2 years. Most day traders have different side business like property rentals or shipping. This is my side business; creating the most advance complex buying indicator strategy....