With this indicator you can create Buy and Sell alerts to automate your trading.
Optimised for BINANCE:TRXBTC in a 4H timeframe.
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TJ Money Flow, one of the most frequently used indicators by me.
This indicator is a modification of the CMF and it has great use and multiple interpretation possibilities.
I like treating it like the addition of StochRSI to RSI, just that TJ-MoneyFlow works like a "behind the scenes tool" of the volume indicator.
The first most important thing about it are...
Multi time frame strategy with backtest period -specifically tested on trxbtc 1H chart.
Highs and lows of previous Higher time frame period plotted on chart
Higher time-frame EMA
Strategy works as follows:
When Close is below the Higher time frame EMA then:
Buy condition : EMA1 crosses EMA 2
Sell condition : EMA1 crosses EMA3 or when close is below EMA1...
EMAcrossover_RSI Buy/sell signal Strategy
To be used in combination with Alerts script, both can be added to your tradingview charts (Chart time-frame should be set to 15min) like you add any other simple indicator.
Add this script to your favorites and once you have been granted access, you...