Description
Supreme Diamond is a multi time frame indicator based on reversal and trend trading strategies, the indicator does not redraw or repaint and the signals are not delayed, the indicator gives buy and sell signals with alerts.
The indicator has 2 signal patterns to choose from (use best entry as diamond) input, if set to true the indicator will filter the normal mode signals and give the best possible one as a diamond signal, in diamond mode you can’t adjust the diamond signal.
Normal Mode is when the (Use Best Entry as Diamond) input is set to false, this activates the wave setup and the Normal Mode as Bollinger Bands strategy as shown in the screen shot
We strongly recommend using Diamond Mode as it shows the best performance!
How to trade Supreme Diamond: Enter the trade when you receive a signal from the indicator, set sl to the previous low/high and set tp to 1 to 1 minimum RRR.
Recommended timeframe: Any
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Parameter :
Time range for signal display (normal mode only)
Band setting (normal mode only)
Use best entry as diamond? (Normal mode = False / Diamond mode = True)
Alarm Settings
Signal shape options
