We understand that signals selected through multiple filters can be a game-changer, boosting your confidence and increasing the likelihood of successful trades. With this principle at its core, we are thrilled to present the Snow Eagle Trading package as the ultimate solution for those seeking reliable trade confirmations.
The package features the following indicators and bar type:
Reversal signals are generated by the 3 filters below:
The 1st filter: Multi-Osc OB/OS Overlap - Unlocking the Overlapped OB/OS Advantage
Multi-Osc OB/OS Overlap offers you reliable overbought/oversold areas formed from the 3 most popular oscillators - MFI, RSI, and Stochastic.
What sets Multi-Osc OB/OS Overlap apart from conventional oscillators is its unique signal-selecting areas. This innovative oscillator produces signals in the region immediately following the conclusion of the overlapped overbought/oversold area. The distinctive feature significantly enhances the reliability of the generated signals.
The 2nd filter: KingRenko$ - The Reversal Bar Identifier
The KingRenko$ bar enables Multi-Osc OB/OS Overlap to identify Reversal bars that occur immediately after the conclusion of the overlapped overbought/oversold area, which serves as a prerequisite for Multi-Osc OB/OS Overlap to trigger an entry signal.
Most importantly, KingRenko$ grants you the ability to closely monitor actual price movements using real OHLC data, enabling you to execute trades at precise market price points.
The 3rd filter: RSI-based Divergences - The Ultimate Signal Generator
To further bolster the dependability of signals, the system harnesses the power of divergences. Divergences are produced from the following 2 indicators:
It is important to remember that in this system, entry orders are executed at signals delivered by Divergence Engine$, not Multi-Osc OBS Overlap.
- When divergence signals generated by Divergence Engine$ and Superior RSI appear immediately following signals from Multi-Osc OB/OS Overlap, entry orders will be placed according to the following rules:
- When signals from Multi-Osc OB/OS Overlap appear without an immediate subsequent divergence signal, entry orders will be initiated based on the following rules:
The Eagle's flight trajectory resembles a price reversal: swiftly plunging earthward in pursuit of its prey before ascending once more. This very likeness inspired us to name the package Snow Eagle Trading, underscoring its exceptionally dependable reversal signals.
The prowess of this package can also be compared to the commanding dominion of an eagle reigning over the snowy peaks, owing to its filtered, highly reliable reversal signals. When considering the trio of reversal, oscillator, and divergence, the Snow Eagle Trading package is undoubtedly a must-have.
Crafted exclusively with you in mind, it eagerly awaits your exploration!
- 10 Aug 2023 - The package was released.
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