* First Modification by KelvinHand V1.
- To future optimise the code
- Remove unuse sections
- Combine related sections.
- Re label the missleading portion
=> Sup n Res to Daily Pivots
=> Re-Color, re-arrange, re-postion addition description in R3, R2, R1,PP S1, S2, S3, YH, YL to reduce confusion
7 Rings of indication on the Top Left
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Ring 1: %BB(7)
Ring 2: CCI(9)
Ring 3: Entry_Exit_Beast
Ring 4: Rays
Ring 5: RSI(7)
Ring 6: STC(Schaff Trend Cycle)
Ring 7: PFE(Polarized Fractal Efficiency)
Buy/Sell LEDs:
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Buy indication on the left of 7 Rings
Sell indication on the right of 7 Rings
4 Trend Directions on Bottom Left
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North: Strong Bull => Macd & Signal above ZL, Macd>Signal
East: Weak Bull => Macd below ZL, but Macd > Signal
West: Weak Bear => Macd above ZL, but Macd < Signal
South: Strong Bear => Macd below ZL, but Macd < Signal
Volume Spiker on the Top Right
====================
Volume Based Bullish/ Bearish Indication. When volume is:-
Green: Up-Day AND Up-Close
Yellow: Up-Day BUT Down-Close
Red: Down-Day AND Down-Close
Blue: Down-Day BUT Up-Close
Daily Pivots on the Bottom Right
====================
Res:R1..R3
CP: Center Pivot
Sup:S1..S3
YH:Yesterday High,
YL:Yesterday Low
2 Prices in the Middle:
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Left: Trailing StopLoss
Right: Current Price
Heikin-Ashi Candlestick:
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Colored Candle based on default Macd(5,10,5):
Yellow IF MACD below ZL AND MACD > Signal ==>Strong Bull Trend
White IF MACD above ZL AND MACD > Signal ==>Weak Bull Trend
Olive IF MACD above ZL AND MACD < Signal ==> Weak Bear Trend
Red IF MACD below ZL AND MACD < Signal ==>Strong Bear Trend
Buy/Sell Arrow:
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* Breakout Setting
White Triangle Arrow When Close Price Break the 5 Periods Highest Peak
Red Triangle Arrow When Close Price Break the 5 Periods Lowest Trough
4 Moving Averages
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Default:
- WMA(HaClose, 20)
- WMA(HaClose, 60)
- WMA(HaClose, 120)
- WMA(HaClose, 180)
KelvinHand, your work is great .. I thank you for it, I have a question, does it supposed to be the other way around or this is already correct?
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Yellow IF MACD below ZL AND MACD > Signal ==>Strong Bull Trend
White IF MACD above ZL AND MACD > Signal ==>Weak Bull Trend
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Thank you in advance.