![]() Occasionally during high volatility, 'red'/'green' dots will appear intermittently before remaining drawn, thus the oscillator 'redraws' the dots during market movement. Make sure that your bot configuration will only activate ONE TRADE when the 'Green'/'Red' dot appears. *If you want to add extra caution to your trade, only activate the trade if the 'Red' dot is Above the Red Markers *For added caution, use color coded Heikin Ashi candles to 'confirm' Activation and Closing of a trade in the bot configurationġ/ When 'Red' dot is drawn, ACTIVATE Short Positionģ/ When 'Green' dot is drawn, CLOSE Short Position *If you want to add extra caution to your trade, only activate the trade if the 'Green' dot is BELOW the 'Green' Markers (Use Lot size based on 1.5% risk management and xLeverage (if any))Ģ/ Make sure bot Opens an SL (Stop Loss) value based on 1.5% Risk Managementģ/ When 'Red' dot is drawn, CLOSE Long Position. ![]() (Use 1.5% Risk Management for each trade) To be used in conjunction with Heikin Ashi Candles for added cautionary measuresġ/ When 'Green' dot is drawn, ACTIVATE Long Position Usually this will result in non-optimal entries and exits as well as loss on various instances when a 'red' and 'green' dot are printed close together (which is usually when the market goes into correction/consolidation) and slow entries/exits will result in a loss rather than a small profit or exit at BE (Break Even)ĪCTUAL STRATEGY (For use with automated bot) You could use this strategy manually, however it would mean you would need to sit in front of the screen all day and night long and activate the trades immediately after the 'red'/'green' dots are drawn. The strategy to use this indicator with for realistic and proper results would be to use it with an automated Trading Bot such as Profit Trailer (PT-BOT) The 'Red' and 'Green' dots are draw when a Cross between both wt1 & wt2 cross, thus providing a fantastic indication of potential trend reversal and entry/exit of a position. 'Green' dots are drawn by the indicator to represent a potential Long (or a signal to exit from a Short position) 'Red' dots are drawn by the indicator to represent a potential Short (or a signal to exit from a Long position) Above the center line, the market is in over bought territory and Below the center line is in over sold territory. There is a center line which divides the Oscillator into two parts. These two lines will serve as the threshold point if one is to make cautious trades only. These two channels are set at default to be +53 / -53 and +60 / -60 respectively. There are 2 'Red' Lines at the top of the channel and 2 Green Lines at the bottom of the channel. This oscillator forms the foundation of Buy and Exit of Long and Short Trades. This oscillator can be used with ALL time frames, but generally works the best on 15 minute and 1 hour charts on ANY market, no matter, stock, forex, crypto, spot, futures, derivatives, Nasdaq etc. The script also differs from the original that it has been upgraded to Pinescript v4 The difference in this script is that only the useful points are printed on the indicator, namely Long and Short Trade Execution signals to be used by a bot, namely the PT Bot. It seems like the more you walk on concrete the more they wear down, while walking more on grass will allow them to last longer.This script is based on Market Cipher B Oscillator by Falcon While I haven’t had any slippage, I’m considering replacing the nanospikes with new ones so I’m sure that I don’t. I have used my shoes for 6 rounds and I can really see the edges of the spikes wearing down. On the course they gripped and I suppose off the course they would too, but the property damage would be noticeable.Īnother thing that I’m curious about the nanospikes and their long term wear. ![]() This extreme textured sandpaper that serves as spikes will chew up many flooring surfaces. One step on hardwood floors would be a disaster. If you decided to wear these to work, around the house or just out and about, you would leave a trail of destruction. While these might look more like a spikeless shoe, they can’t really be worn all the time. The Cipher shoes are not waterproof so I did not try them on any rainy days, so I can’t say how they would work in the rain, but in the dewy grass they worked perfect. They worked great on dry or damp conditions. But as far as traction goes, there wasn’t a single slip or twist that was any different between these shoes and traditionally spiked shoes. When I first saw them at the PGA show I had my doubts, and even in person when my pair arrived, I wondered if it would really work. It is basically a couple of pieces of sandpaper stickers on the bottom of the shoes. The reason Oakley could make them so light is because of the new “Nanospike” system they used.
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