PROTECTED SOURCE SCRIPT
Mis à jour

Hiking indicator

190
This indicator is designed with a hiking theme, allowing traders to view the market as if they were hiking up and down a mountain.
It focuses purely on trend analysis, avoiding reliance on candlestick patterns.

Entry Points: Marked with 🏃‍♂️‍➡️ and should only be traded on the 1-hour timeframe. 🏃‍♂️‍➡️🏃‍♂️‍➡️🏃‍♂️‍➡️

Trading Approach: First, identify the overall trend on higher timeframes, then execute trades on the 1-hour chart.

Once the indicator is added, make sure to move it to the top of your indicator list for proper display.

Color Coding:

Red: Downtrend

Green: Uptrend

Gray: Sideways/Range

When the higher timeframe shows a downtrend, take short positions at 🏃‍♂️‍➡️ signals.
When it shows an uptrend, take long positions at 🏃‍♂️‍➡️ signals.

Additionally, boxes are drawn at key points, and once a breakout occurs, a 🏃‍♂️‍➡️ hiker icon appears to signal the breakout.
Notes de version
''

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.