I did combine 3 scripts into one that really shows a lot. This is to bring together other good ideas to show improve on others work. Special thanks to pipcharlie for the murrey math lines Mage3 for the pivot points and morpheous747 for the murrey extreme compartor.
// this script shows sveral things. //1. Breakouts - multiple diamonds and price staying in the outer murrey bands is a strong trend. This will lead to a double top or bottom. You could also buy/sell // the pullbacks and expext another diamond. //2. Tops - 2 pivots in the top murrey bands first top must have a diamond second must be in the top murrey zone or a higher murrey outer band without a diamond. // There also must have a dip between tops outside the top murrey zone. //3. bottoms bounces - a quick pull back if there are 2 pivots close together and the second pivot is not a diamond. //4. double bottoms - 2 pivots with the first pivot a diamond. The second is after a pullback out of the bottom murrey zone and a diamond. //5. pullbacks - red and green lines. These are a little more benificial for tops/bottoms //6. Overall trends - the triangles on top or bottoms show overall general trend. Also the murrey bands act like bollinger bands, once trend changes, expect targets // to hit the opposite band. //7. Pivots - adding pivots and extentions help determine trends, resistance levels and tops/bottoms\ //8. Volitility - the wider the murry bands the more movement is likely and ususally in trend with stronger pullbacks. The smaller the bands smaller moves and more // up and down movement
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.