OPEN-SOURCE SCRIPT
Updated KayeDinero TrendSetter HFX NFX
This script combines my volume and trend indicators with an added flare.
The mindset for this strategy is a trending market, where price is moving in a consistent direction with some reversals.
The most unique concept of this script is the background calculator (divergent). This is different from other scripts on the platform because of the close tie in with the relative strength index as well as the on balance volume. The divergent lets you know of overbought and oversold conditions.
Another unique take, is the use of the Keltner Channels, which provides insight on volatility.
Best Traded during Hours 3am to 12am EST (NY Time).
This method works best in trending markets.
Time Frame, 1,3,5,15,30min
Currency Pairs: All Major, Exotic, Crypto
Here's The Strategy:
Oversold and Buy: When those are present, proceed to take a buy (call) option.
Overbought and Sell: When those are present, proceed to take a sell (put) option.
Keep in mind, timeframe will depend on your time of trading in the markets.
Morning typically 2-4min
Afternoon / Evening: 3-5min
Hint:
Best Trades on reversals at top and bottom of Keltner Channels.
The mindset for this strategy is a trending market, where price is moving in a consistent direction with some reversals.
The most unique concept of this script is the background calculator (divergent). This is different from other scripts on the platform because of the close tie in with the relative strength index as well as the on balance volume. The divergent lets you know of overbought and oversold conditions.
Another unique take, is the use of the Keltner Channels, which provides insight on volatility.
Best Traded during Hours 3am to 12am EST (NY Time).
This method works best in trending markets.
Time Frame, 1,3,5,15,30min
Currency Pairs: All Major, Exotic, Crypto
Here's The Strategy:
Oversold and Buy: When those are present, proceed to take a buy (call) option.
Overbought and Sell: When those are present, proceed to take a sell (put) option.
Keep in mind, timeframe will depend on your time of trading in the markets.
Morning typically 2-4min
Afternoon / Evening: 3-5min
Hint:
Best Trades on reversals at top and bottom of Keltner Channels.
Release Notes
Note:This version shows only the indicator / script being used.
The script is perfect by itself.
Be on the lookout for the updated photo.
Thanks for checking this out!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.