EURGBP

Europon Reversal FX Rush Ver2 Indicator Europon Reversal FX Rush Ver2 Indicator is an RSI-based reversal signal indicator designed primarily for EURGBP on the 1-hour chart. The indicator uses a short-period RSI to identify potential reversal opportunities. It references the RSI value from two bars ago to reduce signal fluctuations caused by the latest developing candles. A buy signal appears when the shifted RSI falls below the lower threshold. A sell signal appears when the shifted RSI rises above the upper threshold. The indicator also displays optional averaging-entry candidates. Long averaging candidates require progressively lower RSI values and a bullish previous candle. Short averaging candidates require progressively higher RSI values and a bearish previous candle. Default settings: Recommended market: EURGBP Recommended timeframe: H1 RSI Period: 3 RSI Signal Shift: 2 RSI High Level: 60 RSI Low Level: 40 Trading Hours: 01:00 to 09:00 server time Long Nanpin: Enabled Short Nanpin: Enabled Maximum intended positions: 3 The averaging markers indicate possible additional-entry conditions only. They do not track actual open positions in the indicator version. This script is intended for chart analysis, backtesting support, research, and educational purposes only. It does not guarantee future performance and should not be considered financial advice. Please test carefully before using it in any trading decision.

Indicator

Europon Reversal FX Rush Ver2 Strategy Europon Reversal FX Rush Ver2 Strategy is an RSI reversal and averaging-entry strategy designed primarily for EURGBP on the 1-hour chart. The strategy uses a 3-period RSI value from two bars ago. A long position is opened when the shifted RSI falls below 40. A short position is opened when the shifted RSI rises above 60. When averaging entries are enabled, the strategy can add positions as RSI moves further into the reversal zone. Long additions require progressively lower RSI values and a bullish previous candle. Short additions require progressively higher RSI values and a bearish previous candle. The strategy supports up to three entries in the same direction. An opposite signal closes the current position and can initiate a position in the opposite direction. Default settings: Recommended market: EURGBP Recommended timeframe: H1 RSI Period: 3 RSI Signal Shift: 2 RSI High Level: 60 RSI Low Level: 40 Trading Hours: 01:00 to 09:00 server time Maximum Positions: 3 Long Nanpin: Enabled Short Nanpin: Enabled Stop Loss Request: 4.0 Take Profit Request: 4.0 Price Unit: 0.01 Because PulseWire’s broker emulator differs from MT4/MT5 execution, strategy results may not match EA backtests or live broker execution. Averaging-entry strategies can significantly increase risk during strong directional markets. This script is intended for chart analysis, backtesting support, research, and educational purposes only. It does not guarantee future performance and should not be considered financial advice. Please test carefully before using it in any trading decision.

Strategy

Correlation of chart symbol to different Index-ETF-currency Script plots correlation of chart symbol to a variety of indexes, symbols, equities. ** Original idea was to find Bitcoin correlation, which I did not. Built in correlations are: Nikie, DAX, SPY, AAPL, US Dollar, Gold, EURUSD, USDCNY, EEM, QQQ, XLK, XLF, USDJPY, EURGBP

Indicator

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