Stochastics are a favored technical indicator because it is easy to understand and has a high degree of accuracy. Stochastics are used to show when a stock has moved into an overbought or oversold position.
Read moreWhich is the best buy sell indicator in TradingView?
when bar closes below ATR band Sell signal is triggered. Back test indicates good result, use it with MACD for high accuracy . This strategy is based on RSI and ATR Bands which works better in 5 and 15 Mins time frame.
Read moreWhich indicator shows buy and sell signal in TradingView?
The HLC stands for High, Low, Close and the /3 divides the result by 3 to give you the average. The indicator calculates the buy and sell signals using HLC3, Simple…
Read more