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.
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Note: This version shows only the indicator / script being used. The script is perfect by itself. Be on the lookout for the updated photo.