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Advanced BUY/SELL Indicator

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  • TradingView Indicators
  • Advanced BUY/SELL Indicator
  • Description
  • How to Setup
  • Results




Description

This Advanced BUY/SELL Indicator script has been designed to do some swing trading on the 4 hour and daily candles.
After some adjustments it also provides some good results on the lower timeframes 5m, 15m and 1h.

  • This scripts is based on RSI , Stoch RSI and some other indicator(s).
  • It provides BUY, SELL, STRONG BUY and STRONG SELL labels when loading the script.
  • It is also possibility to set BUY, STRONG BUY, SELL, STRONG SELL, BUY/SELL or STRONG BUY/STRONG SELL alerts.
How to use?
  • When a BUY signal appears it means that the trading pair is oversold. Wait for the reversal to buy. Use the Fibonacci tool together with the Eliot Waves Theory to BUY.
  • When a SELL signal appears it means that the trading pair is overbought. SELL immediately or use the Fibonacci tool together with the Eliot Waves Theory to SELL.
Features
  • You can show/hide the labels based on RSI, Stoch RSI input values.
  • You can show/hide the labels based on Stoch RSI K and R input values.
  • You can show/hide the labels based on Stoch RSI K and R crossing.
  • You can show only STRONG BUY or STRONG SELL labels.
  • Etc…

How to setup?

TradingView Account
To be able use this script you need to have a free or paid TradingView Subscription. If you already have a subscription then go to step 2. If you don’t have an account use this link https://www.tradingview.com to subscribe. If you subscribe for a payed subscription we both get $30 from TradingView.

Blog: How to create a new TradingView account

Add the indicator to your chart
Open your TradingView chart and go to Indicators & Strategies. Select Invite-only scripts or search for cryptosignalscanner. Select the CryptoSignalScanner – Advanced BUY/SELL Indicator. To be able to view the indicator you need to have a valid Crypto Signal Scanner subscription.

Blog: How to add a TradingView indicator to your chart

Indicator Settings
The default indicator values are values that provide the best overall results. All values can be set to your specific needs. To access the indicator settings click on the gear when you hover over the indicator.
TradingView - Advanced Buy/Sell Indicator Settings

Blog: Advance BUY/SELL Indicator Explained

Indicator Results

BTCUSDT – 1D Candles: https://www.tradingview.com/x/BaFdHhZB/TradingView - Advance Buy/Sell Indicator - BTCUSDT

BNBUSDT – 1D Candles: https://www.tradingview.com/x/mBDkaQzq/
TradingView - Advance Buy/Sell Indicator - BNBUSDT

ETHUSDT – 1D Candles: https://www.tradingview.com/x/EQx0QlxO/
TradingView - Advance Buy/Sell Indicator - BNBUSDT

LINKBTC – 4H Candles: https://www.tradingview.com/x/VZJDvdgX/
TradingView - Advance Buy/Sell Indicator - BNBUSDT

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  • Crypto Trading
  • TradingView

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Always Remember

We provide the tools, you should:

- Learn the basics and teach yourselves a strategy
- Only invest money you can afford to lose
- Always Do Your Own Research
- Always Use Your Own Strategy
- Always Use a Stop Loss
- Keep on learning and improving your strategy
  • This advice is NOT financial advice.
  • We do not provide personal investment advice and we are not a qualified licensed investment advisor.
  • All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.
  • We will not and cannot be held liable for any actions you take as a result of anything you read here.
  • We only provide this information to help you make a better decision.
  • While the information provided is believed to be accurate, it may include errors or inaccuracies.

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