I'm a newbie Forex day / swing trader - each Sunday I have a manual process where I scan Forex pairs majors and crosses - looking for opportunity's - setups for next week's trades.
I use this Trading View Pine script dashboard Trader salahbelidong — Trading Ideas & Charts — TradingView for each forex pair in turn I look at the indictor values, draw Zigzags on charts looking for market sentiment - direction trend - phase 1 or 2 - HH HL LL LH on 1w 1d 4h for every Forex pair and manually enter it into my spreadsheet.
I manually then fill in a my next week spreadsheet with all the pairs - where 1d and 4 Sentiment and in phase are in alignment or ready for a reversal -taking into account indictors RSI over brought ADX , so on - looking for trade opportunities. When I see an opportunity I open my trading portal and place a trade manually.
It takes way to long
Hi David,
You can automate the process as well. Tradingview has its own way, but you can try automating it in Python as well.
In Python, you can import technical indicators based libraries and calculating the specific indicator values, and also specify rules to generate buy or sell signals.
If you are new to the world of Python, the course "Python for Trading" is good for getting you acquainted with the world of Python.
However, do note that it will take some effort to automate your process but once done, it will help save a lot of your time in the long run.
Hope this helps.