Do you have a Three Line Break script?

Offline Charts Trading

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Offline Charts Trading

Hi Vitall, I would personally wait for price to get out of the cloud on daily. I would say that price is in a kind of indecision phase because it is at a major resistance level on monthly and in range on weekly although in both cases over their ...

Hidden divergence

Bouncing on 100 sma. image

Hidden divergence

[quote=vitall;9488803] image

Hidden divergence

Another opportunity, but still lack of momentum for now. The cross of TDI lines could be the trigger signal. image

Hidden divergence

Seems to be a little early at the end of this New-York session. But let's wait and see.

Hidden divergence

Waiting for a clear momentum. I think it is worth mentioning the double bottom on the weekly chart. image

Hidden divergence

I might add that there is a cross of Tenkan down the Kijun. And with price in the cloud, I wouldn't be surprised if that means a change of direction. There is still some room until it reaches the major trendline (see 4hr chart), but it is clear for ...

Hidden divergence

Sounds reasonable. I prefer not entering when not in sync with higher TF and waiting for better odds.

Hidden divergence

Looks like they're taking off after some hesitation. image

Hidden divergence

Hi Vital, Before entering, have a look at daily and weekly charts. It doesn't mean that you will not get some pips, but I personally prefer going in the direction of higher TF. image

Hidden divergence

Hi, I find the 5,8,2 MACD lines easier to read than the OSMA histogram. The settings I use gives results very similar to he OSMA settings suggested by the author of this thread. It's a matter of personal choice.

Hidden divergence

Paying off. image

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Another opportunity coming up. Maybe... image

Hidden divergence

I will wait for the cross of TDI because price trendline is not clear enough. image image

Hidden divergence

Looks like a good setup, but when we look at the higher TF, we see one of those levels that become resistance after being support. I will pass on this one even if it goes through the resistance.

Hidden divergence

I find that the cross of TDI is a good signal and I use it mostly for confirmation whenever I have a doubt on my entries. I believe it can be use for an entry signal by itself. There are a few strategies based on that indicator (trade made simple, ...

Hidden divergence

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Will wait for the cross of TDI. I don't like the upper wick of that last candle. image

Hidden divergence