Leadz
High Risk Signal Generator with Built-In Indicative and Confirmative AI
About:
Traders quickly adapt to Leadz functionality and find it indispensable. No elaborate setups or complicated settings are required – simply drag Leadz onto any chart and timeframe, with the recommended starting point being the 15-minute timeframe and generate strong winning signals.
Leadz stands out as the most user-friendly yet robust signal generator on TradingView. Its precision and confirmation capabilities serve as specialized tools for high-risk assets such as Gold, US30, NAS100, SPX500, and more. Furthermore, it operates with remarkable accuracy across a wide range of other assets available on your TradingView.
The strength of its confirmation is evident through the placement of easily identifiable signal arrows on your chart, ensuring a quick and straightforward spotting process.
Specifications:
Market: Forex, Stocks, Crypto, Options, Indices, and Futures
Timeframe: Multi Timeframe but 15mn and above is recommended
Type: Tradebox Al + Bands
Trading Style: All (scalping, swing, intraday, and position trading)
Assets & Charts: All (Excellent for GOLD, US30, NAS100, SPX500)
Setting Rules: None
Features:
Leadz employs mathematical calculations to discern market conditions, categorizing them as either overbought, neutral, or oversold within a specific segment.
How to use:
This generator is of the band type, comprising three bands: upper, middle, and lower bands. It serves to highlight the maximum uptrend and downtrend within the market segment.
Buy Signals:
When buy signals (indicated by a Blue Arrow) appear below or in proximity to the lower band, you may initiate a buy entry. Additionally, consider placing the stop loss just beneath the lower band.
Utilize the middle band as your initial profit target, with the upper band serving as the second profit target.
Sell Signals:
When sell signals (indicated by a Red Arrow) appear above or near the upper band, you can opt for a sell entry.
In this case, the middle band should be your primary profit target, while the lower band becomes the secondary profit target.
Signal Strength and Confirmation:
We recommend taking the red or blue arrow signals very close, either above or below the ++++++ bands, to confirm an uptrend or downtrend.
Signals occurring above or below the ++++++ bands are the strongest indicators.
Important Rules:
When a Blue Arrow emerges, ensure that the candle forming at that moment is green before entering the trade.
When a Red Arrow emerges, confirm that the forming candle is red before entering the trade.
Set the stop loss below the lower band for buy entries and above the upper band for sell entries.
Note:
By understanding the characteristics of different Tradebox scripts and combining them with other technical analysis tools, traders can develop effective trading strategies and make more informed decisions in the financial markets.
As with any trading tool, it’s essential to test your use of Leadz to align with your specific trading objectives and risk tolerance.
Last updated
