PROTECTED SOURCE SCRIPT
TSG's Beast Signals
This indicator is built with the purpose of keeping things simple and user-friendly. It is a custom formula I developed lately and it signals pretty accurately changes of direction in the price.
Added an Alert option to it lately - with customizable messages.
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HOW IT IS DONE
I make great use of the Average True Range indicator which is the best and simple volatility indicator out there and mix its behavior with several Moving Averages to catch exhaustions of trends and potential reversal points. Moving Averages are treated as bands and the price is kept within it (Something like Bollinger Bands , but custom).
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WHAT TIMEFRAMES TO USE IT ON
The bigger the timeframe, the less noise you will have. It is playing out nicely to signal major trend reversal or retracements, but I used it for scalping aswell.
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PLANS
Maybe MultiTimeframe table to align signals coming from different timeframes for better accuracy of entry?
Good Luck!
Added an Alert option to it lately - with customizable messages.
_____________________________________________________
_____________________________________________________
HOW IT IS DONE
I make great use of the Average True Range indicator which is the best and simple volatility indicator out there and mix its behavior with several Moving Averages to catch exhaustions of trends and potential reversal points. Moving Averages are treated as bands and the price is kept within it (Something like Bollinger Bands , but custom).
_____________________________________________________
_____________________________________________________
WHAT TIMEFRAMES TO USE IT ON
The bigger the timeframe, the less noise you will have. It is playing out nicely to signal major trend reversal or retracements, but I used it for scalping aswell.
_____________________________________________________
_____________________________________________________
PLANS
Maybe MultiTimeframe table to align signals coming from different timeframes for better accuracy of entry?
Good Luck!
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.