OPEN-SOURCE SCRIPT

Trend & Pullback Cycle

88
How to use.

Trend Identification:

Green Columns: The cycle is above 50. Look for Longs.

Red Columns: The cycle is below 50. Look for Shorts.

Pullback Detection:

I added a Colour Change feature. If the Green bars turn Dark Green, it means momentum is fading (a pullback is happening). This is your signal to get ready to enter or add to a position once it turns Bright Green again.

The Yellow Line:

This is your trigger. In the screenshot, you see the bars cross the yellow line.

Entry Signal: When the Histogram crosses above the Yellow line (while generally green) or crosses below it (while generally red).

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.