EvaBlessings 1.0

24 maj 2023

Hello Friends,

How to use :

• Add target multipliers if you add value more than 1 then you will be able to see the next targets. There are right now three targets out of which first will be always visible and rest are optional.
  
• You can select to see only first signal which will avoid consecutive signals.
  
• Choose the color you like.
  

How it Works :

• Basically I am using Simple Moving Average, RSI, Stochastic RSI and crossover of RSI and SMA of RSI to find the reversal opportunity
  
• And ATR to find out the targets, so when you get the signal targets will be ATR with multipliers you set in settings
  

Some of my observations :

• When you get the signal and candle closes above the target then it is possible to hit the subsequent targets.
  
• Most of the time when market is in uptrend or downtrend then signal for opposite side movement reaches to only first target, so when you get opposite side signal then the first target will be retracement level.
  
• If you draw trend line to all signals you will get the possible reversal levels.
  
• When trend line breaks with signal then its the sign of trend change.
  
• You can also set an alert and whenever there is an signal indicator gives alert with text