Please guide .
Algo for PSAR and DMS (ADX) indicator:
Buy Signal :
When ADX > 25 and +DI crossing -DI
and PSAR in Uptraend
SELL signal:
When ADX < 25 and _DI crossing +DI
and PSAR in downtrend
Please consider 1 hour time frame
Thanks,
Please guide .
Algo for PSAR and DMS (ADX) indicator:
Buy Signal :
When ADX > 25 and +DI crossing -DI
and PSAR in Uptraend
SELL signal:
When ADX < 25 and _DI crossing +DI
and PSAR in downtrend
Please consider 1 hour time frame
Thanks,
As per the above condition
Buy Script:
ADX(14)> 25 AND DIP(14) > DIN(14) AND TREND(PSAR(0.02, 0.2),5) = UP
Sell Script:
ADX(14)< 25 AND DIP(14) < DIN(14) AND TREND(PSAR(0.02, 0.2),5) = DOWN
Hi ALGO, TREND(PSAR(0.02, 0.2),5) , What does it mean by this 5) ?