This script shows the monthly dip and peak zones and the daily highs & lows.
The green zone is the dip zone. It's the place to enter a long position if you think there is or will be a reversal.
The red zone is the peak zone. It's the place to enter a short position if you think there is or will be a reversal.
The script uses the INDIGO Cloud System ©, the Ultimate RSI and the Market Direction Indicator to find an entry at the most optimal point in space and time.
The exit for the long trade is on the purple line and the exit for the short trade is on the blue line.
It also has an RSI exit to minimize the risk of a sudden reversal in the wrong direction while in trade.
You can set TP and SL to see the effects of it on the chart. Be aware that these change a lot of trades so use it wisely.
The labels are connected to alerts to notify you of a possible entry or exit.
This script uses the Ultimate RSI by ChrisMoody, thanks for creating this Chris !
This script also uses the Market Direction Indicator by LazyBear, great script !
You can use the MD Filter to filter out some bad trades. It decreases losses but also some profits.
Experiment with the settings, each pairing needs different settings.
--> Use this script at your own risk. Do your own research, never invest money you're not willing to lose and never put your trust in one indicator !
To my best knowledge this script doesn't repaint. I never use the close and only use high/low when value can't be untrue again. If you find repainting in this script PLEASE let me know !
Feel free to contact me for questions or feedback.
Enjoy the script :)
- Fixed a plotshape error where it showed a entry or exit label when it shouldn't
- Fixed the current percentage
- Fixed the current percentage label colors
- Made the current percentage label follow the close
- Added TP & SL labels when TP/SL = on
- Cleaned up the script
- Fixed an error with take profit and stoploss position calculation
- Compacted part of the entry conditions to prevent future errors
- Changed the lines from steplines to normal lines to make it more aesthetically pleasing
이 스크립트의 오써는 참된 트레이딩뷰의 스피릿으로 이 스크립트를 오픈소스로 퍼블리쉬하여 트레이더들로 하여금 이해 및 검증할 수 있도록 하였습니다. 오써를 응원합니다! 스크립트를 무료로 쓸 수 있지만, 다른 퍼블리케이션에서 이 코드를 재사용하는 것은 하우스룰을 따릅니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.
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