Hello traders, I am here again with a new and improved indicator. This indicator is based on a pivot breakout algorithm which gives buy and sell signals according to the breakout of trendline. This is an advanced version of another script. It also takes price action into consideration along with some basic indicators like MACD and ADX to give good entry signals. NOTE: This indicator is not designed to take entries completely based on signals it gives. Please use it along with your trading strategy to add more confluence to your trading system and maximize your profits. I hope you guys will like this one too .Enjoy 👍 In case you find any bug, please do report in comment section .Thank you.
repaint ...on every time frame .. is there any possible solution for it...it can work in range bound market only not in trending
a_guy_from_wall_street
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@bhushan02u, this is not a signal indicator,so please don't use it as one.Rather use this as a confirmation tool with your own strategy. And i am working on the 2nd version. The repainting issue will be resolved soon.
thomashanna2019
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@hiimannshu, have you resolved the repainting issue?
lov02122001
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Hi, why I am getting late buy or sell signal....Like after 6 to 7 candle
EddieLaBeletteCosmique
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Alerts would be so useful!
EddieLaBeletteCosmique
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Nevermind. I learned something today and added them! Great work btw!
which time frame suits best for this indicator? AND what setting would u recommend
a_guy_from_wall_street
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@sasamruddhi24, Do a proper multi timeframe analysis according to your strategy but enter on smaller timeframes only 15 Min or less .Only enter if you the signal refer to your analysis. Always take the HTF trend in to consideration before placing a trade. The settings I use are mentioned above in example.
pandeydevang2006
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bhai this indicator works very well with Chandelier exit and EMA almost 90% accurate but some big moves are missed in small timeframe Dhanyawad