ACC trade ideas
Using ROC(Volume) along with RSIThe idea is to make a trade when:
(1) RSI exceeds the 30-70 band
and (2) there is a spike in volume shown by ROC for volume
The spike in volume suggests that market is reacting to the event (i.e RSI showing overbought/oversold)
The dark blue line is 5X the average volume of the last 500 days.
Use Volume profile bars to choose Take profit and Stop loss.
Can someone create a script which creates an alert when Conditions (1) and (2) are met.
That is (1) RSI exceeds the 30-70 band
and (2) there is a spike in volume shown by ROC for volume
Maybe create a new indicator which is function of ROC and RSI.
I do not have much knowledge of programming, so any help will be appreciated, I can also pay for your help.
Thank you
Weekly Impluse in ActionACC Ltd. is currently in a weekly bullish impulse. Will look for a lower degree correction to buy. Final target can be placed around 1800.
ACC - Bearish BAT in progressACC - Bearish BAT in progress, either apt to play last leg or wait for pattern to complete..
