Hercules strategy operates based on the Relative Strength Index , and displays the price when each Relative Strength Index maintains an upward trend or decreases.
When the stock price rises, the price at the time of entering the overbought or oversold section is displayed as the market price, or when the relative strength index falls when the stock price rises, it is captured and the market price is displayed.
Therefore, this indicator is a momentum indicator , and it can be said to be a non-trend following indicator.
The blue line that outputs as blue shows a graph of the asset change when buying or selling at the price pointed to by this indicator, including 0.2% slippage and 0.2% transaction fee.
Of course, this doesn't mean that this metric is always profitable.
This strategy was created to aid trading.
This indicator is a private indicator, please comment if you wish to use it.
**notice** "Use the link(Invite only script Contact) below to obtain access to this indicator".
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Huge Changing is Here!
finally MBY_LAB support "Auto Mode Trading signal"
In Auto mode, Hercules determines the direction of the market by itself and dynamically sets the long and short position strategies.
Unfortunately, the auto mode included in this patch is only available for Bitcoin and Ethereum.
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color patch
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color condition patch.
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2.2 version release!!
Alert condition Added (will delete soon).
Auto mode added.
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edit alert condition.
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version release!!!
2.3.5 version update. NEW ticker support!! : ZEN!!!