In this video, I introduce a new tool I've created over the past few weeks that combines various trading signals into a single indicator. I provide a walkthrough on how it works, focusing on its use of MACD and RSI to highlight market divergences. I explain how to use the tool to improve trading decisions. Additionally, I emphasize the importance of using other indicators in conjunction with this tool for more effective trading strategies.
00:00 Introduction and Overview
00:24 Tool Invitation and Future Plans
00:45 Indicator Explanation: MACD and RSI
00:57 Divergence Detection and Examples
02:46 Multi-Timeframe Analysis
04:27 RSI Bands and Settings
06:00 Trading Modes: Scalp and Swing
06:22 Asset Compatibility and Final Thoughts
07:14 Conclusion and Q&A
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👨🏻🏫 About The Instructor
🤓 I've been trading and using Pine Script since 2015.
🎯 My mission is to help as many people as I can become educated and financially free so that we can all pay more attention to what really matters.
🙏🏼 I'm not here to scam anyone or sell snake oil. I don't need to get rich quick because I'm already rich and I want you to be too.
🌲 About Pine Script Strategy
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