J-BUY & SELL
Introduction
I have been tracking the technical indicator for a long time. In my experience, I have tried various combinations of the existing indicators in the chart but have not been able to get satisfactory results.
The trend analysis method needs a lot of focus and time. Therefore, rather than speculating the future trend, I focused on building a code which will be continuous in terms of indications and remove the speculation out of the strategy. Hence, allow for automation.
Indicator Strategy
This is a simple, yet powerful indicator primarily based on price action and its relationship with SMAs .
Each candle is compared with the moving averages and the output is shown as a buy and sell signal through Up & Down arrows. Up arrow is a buy indicator and Down arrow is a sell indicator.
However, you might see in some case there is no Buy or Sell signals indication on the candle. No worries, please follow the previous signal in these cases.
How to add the indicator into your chart
1. Click the “Indicators” tab in the Trading view chart Tool Bar.
2. In the “Indicator & Strategies” menu, click on Public Library option.
3. Search for the “J-BUY & SELL” in the search box.
4. Add the indicator by clicking on the result.
How to add Buy & Sell alert
In addition to the indicator, you can also set BUY & SELL alerts for any of the stock/ index/ commodities etc.
1. Hover your mouse cursor over the indicator on the chart.
2. Click on the three dots captioned as “More”
3. Choose the option “Add alert on J-BUY & SELL”
4. You can choose the alert “Buy Bar/ Sell Bar or both as per your requirement by pressing the “Create” button.
Change the Color of the Up & Down arrows
For changing the color of the arrows, please “double click” on the arrow and the color as per your choice.
I have been tracking the technical indicator for a long time. In my experience, I have tried various combinations of the existing indicators in the chart but have not been able to get satisfactory results.
The trend analysis method needs a lot of focus and time. Therefore, rather than speculating the future trend, I focused on building a code which will be continuous in terms of indications and remove the speculation out of the strategy. Hence, allow for automation.
Indicator Strategy
This is a simple, yet powerful indicator primarily based on price action and its relationship with SMAs .
Each candle is compared with the moving averages and the output is shown as a buy and sell signal through Up & Down arrows. Up arrow is a buy indicator and Down arrow is a sell indicator.
However, you might see in some case there is no Buy or Sell signals indication on the candle. No worries, please follow the previous signal in these cases.
How to add the indicator into your chart
1. Click the “Indicators” tab in the Trading view chart Tool Bar.
2. In the “Indicator & Strategies” menu, click on Public Library option.
3. Search for the “J-BUY & SELL” in the search box.
4. Add the indicator by clicking on the result.
How to add Buy & Sell alert
In addition to the indicator, you can also set BUY & SELL alerts for any of the stock/ index/ commodities etc.
1. Hover your mouse cursor over the indicator on the chart.
2. Click on the three dots captioned as “More”
3. Choose the option “Add alert on J-BUY & SELL”
4. You can choose the alert “Buy Bar/ Sell Bar or both as per your requirement by pressing the “Create” button.
Change the Color of the Up & Down arrows
For changing the color of the arrows, please “double click” on the arrow and the color as per your choice.
Versionsinformation:
Added some more line items.
Versionsinformation:
Some upgradations to the code.
Versionsinformation:
Some more additions.
Versionsinformation:
Added new updates. Happy Trading!!
Versionsinformation:
Some improvements and additional lines. Happy Trading!!
Versionsinformation:
Added some improvements in the code. HAPPY TRADING!!
Versionsinformation:
Updated with RSI EMA comparison.
Versionsinformation:
Updated
Versionsinformation:
Updated
Versionsinformation:
Updated