Miyagi (4 in 1) + Alerts
Miyagi: The attempt at mastering something for the best results.
Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.
VWAP has been the main condition for entry for our trading community for quite some time now; however using VWAP alone can lead to poor entries and bags.
Miyagi adds filtering conditions which can then be used to improve entries as opposed to simply using VWAP alone.
Miyagi (4-in-1) + Alerts combines multiple trigger conditions in an easy to use format.
Each trigger or filtering condition is selectable and able to be combined using the selector checkboxes.
Trigger or filter conditions can be used on a different timeframe chart than the current user selected chart.
For instance, the user's chart can be set to a 15M for entry however using filtering from a 30 minute RSI.
It is recommended to not use a lower timeframe chart setting than the current chart timeframe.
The following trigger and filter conditions are present in the 4-in-1:
EMA: Takes two EMAS into effect for trigger condition or filtering with user selectable chart timeframe, length and sources. EMA Trend Type is user selectable for Trend-following or Counter-trend which allows you to counter-trade the markets.
MACD: Takes the MACD into effect for trigger condition or filtering with user selectable chart timeframe, source, fast & slow length and signal smoothing.
RSI: Takes the RSI into effect for trigger condition or filtering with user selectable chart timeframe, length, source, and oversold and overbought values.
VWAP: Takes the VWAP into effect for trigger condition with user selectable chart timeframe, period, and VWAP lower line (long), or VWAP Upper line (Short) values.
How to use: Select the VWAP, and set the VWAP up as you would normally trade with your selected timeframe, period, and VWAP settings (long and short).
All entries will be shown, based on the VWAP settings.
From here, filtering can be implemented to produce better entries, ie using EMA/MACD/RSI filtering.
Happy Trading!
Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.
VWAP has been the main condition for entry for our trading community for quite some time now; however using VWAP alone can lead to poor entries and bags.
Miyagi adds filtering conditions which can then be used to improve entries as opposed to simply using VWAP alone.
Miyagi (4-in-1) + Alerts combines multiple trigger conditions in an easy to use format.
Each trigger or filtering condition is selectable and able to be combined using the selector checkboxes.
Trigger or filter conditions can be used on a different timeframe chart than the current user selected chart.
For instance, the user's chart can be set to a 15M for entry however using filtering from a 30 minute RSI.
It is recommended to not use a lower timeframe chart setting than the current chart timeframe.
The following trigger and filter conditions are present in the 4-in-1:
EMA: Takes two EMAS into effect for trigger condition or filtering with user selectable chart timeframe, length and sources. EMA Trend Type is user selectable for Trend-following or Counter-trend which allows you to counter-trade the markets.
MACD: Takes the MACD into effect for trigger condition or filtering with user selectable chart timeframe, source, fast & slow length and signal smoothing.
RSI: Takes the RSI into effect for trigger condition or filtering with user selectable chart timeframe, length, source, and oversold and overbought values.
VWAP: Takes the VWAP into effect for trigger condition with user selectable chart timeframe, period, and VWAP lower line (long), or VWAP Upper line (Short) values.
How to use: Select the VWAP, and set the VWAP up as you would normally trade with your selected timeframe, period, and VWAP settings (long and short).
All entries will be shown, based on the VWAP settings.
From here, filtering can be implemented to produce better entries, ie using EMA/MACD/RSI filtering.
Happy Trading!
Versionsinformation:
RSI Update to match 10in1
Versionsinformation:
Update for Outbound Signal Sender - Backtesting
Versionsinformation:
Minimum & maximum volume filters added to match Wick Hunter's liquidating trading.
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Volume update for Bybit
Versionsinformation:
Volume filter fix and time filter added
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RSI tooltip updates.
Versionsinformation:
Updated time-filter and tooltips.
Versionsinformation:
Added Dynamic VWAP Averaging.
Versionsinformation:
Added EMA for Trend Direction for Averaged VWAP and cleaned up VWAP inputs.
Versionsinformation:
-Added Emoji on External Signal Source
-Added No Repeating Signals
-Added No Repeating Signals
Versionsinformation:
Added PA Filter
Versionsinformation:
Wick Hunter Alert Command update
Versionsinformation:
Removed timeframe limitations for users wanting to use chart timeframe in seconds.
Versionsinformation:
Added a second RSI to long pullbacks
Visit MiyagiTrading.com for information on how to access all scripts and increase your profitability.