Stan Weinstein Trend Indicator

Ecipi Premium 업데이트됨   
This indicator is a trend indicator for trading charts based on the method of Stan Weinstein. It uses various technical methods to identify four trend phases on an asset: consolidation, advancement, plateauing, and decline. Users can customize the indicator by modifying parameters such as the periods for various calculations, such as the exponential moving average ( EMA ), the relative strength index ( RSI ), and support and resistance levels. The results of these calculations are then used to determine if an asset is in a phase of consolidation, advancement, plateauing, or decline.

The results are displayed as markers on the chart, with the following colors:

  • White: Consolidation
    Green: Advancement
    Blue: Plateauing
    Red: Decline

According to the method of Stan Weinstein, it is recommended to buy an asset during an advancement phase and sell it during a plateauing phase. Similarly, it is recommended to sell an asset during a decline phase and cut this sale when the consolidation phase starts. It is important to note that this indicator is for informational purposes only and should not be used as investment advice. It is important to conduct fundamental and technical analysis before making an investment decision. It is also recommended to combine this analysis with other methods for optimal results and to consider the risks associated with any investment.

All default parameters of this indicator have been carefully chosen to provide the best possible results, however, it is possible to modify them according to personal preferences. It is important to note that modifying certain parameters may make the indicator less relevant and it is therefore recommended not to deviate too much from default values, unless you have a good understanding of the Stan Weinstein method and the technical indicators used.

It is important to note that this indicator is optimized for 1-week charts. It can be used to look at charts at other timeframes but calculations will always be based on weekly data.

Also, it is noteworthy that this indicator is optimized for cryptocurrencies, except Bitcoin , as it is used to calculate the relative strength of a token. However, you can choose the asset or index you want in the menu to calculate the relative strength . Furthermore, all the default settings are carefully chosen, but users are free to modify them, but doing so may result in less relevant results.
릴리즈 노트:
Update 01/27/2023
We have resolved the issue that was preventing the "Consolidation" phase from triggering.

오픈 소스 스크립트

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.


이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.

차트에 이 스크립트를 사용하시겠습니까?