Mr G3 S& D

MR G3 S&D Heiken (indicator)

A rectangle is used to highlight when two Heiken Ashi candles form in the middle of other Heiken Ashi candles

Alerts

An alert triggers when price come back to retest highlighted rectangle to notify me price has entered a demand (prepare for buy) or supply zone (prepare for sell)

A buy or Sell signal arrow alert  is triggered in the closing  of price inside of demand or supply zone. But only if price matches Overbought or Oversold in RSI with setting of Period 3...Overbought 80....Oversold 20. If the price closes inside of a supply zone ractange and RSI is overbought, A Sell Arrow Trigger must appear in the closing of that same candle (vise versa on demand) no Sell or Buy arrow if the price closes outside of a zone, be it above or bellow the zone. And no Sell or Buy triggers if RSI is not on Overbought or Oversold even if the price closes inside of a zone. Price should close inside of a zone + RSI overbought or Oversold in a setting of RSI period 3....Overbought 80 and Oversold 20.

Heiken Ashi Formation To Create a Zone Rectangle

Bearish...Bullish...Bullish...Bearish: The last green candle is highlighted with a rectangle.

Bullish...Bearish...Bearish...Bullish: The last red candle is highlighted with a rectangle.

Signal can be given twice in a one supply or Demand as long as the candle closes inside a zone, combine Bar Chart with Heiken Ashi to determine the price closing inside of a zone. A zone is that highlighted ractangle. If price close bellow or outside we do not get Sell or Buy Signal. If price closes inside of a Zone but RSI is not on Overbought or Oversold, we do not get Buy or Sell signal.