OPEN-SOURCE SCRIPT
Chips Master
Mis à jour
Chips Master, a way to tell potential chips accumulation.
There are a couple of situation where Chips Master's Yellow Bars will show up.
Firstly,
When an uptrend trend completed Dow's 12345 waves, moving into ABC waves, yellow bars will show up between MA21 and MA60
if we refer to Granville rules, it is in the vicinity of buy point number 4.
Secondly,
During a down trend, when new low is created, potentially, yellow bars will show up, an indication of chips accumulation at low price.
Feel free to provide inputs to further improve the accuracy to benefit users.
Disclaimer : Purely for Technical Analysis study. No suggestion on buy/sell.
There are a couple of situation where Chips Master's Yellow Bars will show up.
Firstly,
When an uptrend trend completed Dow's 12345 waves, moving into ABC waves, yellow bars will show up between MA21 and MA60
if we refer to Granville rules, it is in the vicinity of buy point number 4.
Secondly,
During a down trend, when new low is created, potentially, yellow bars will show up, an indication of chips accumulation at low price.
Feel free to provide inputs to further improve the accuracy to benefit users.
Disclaimer : Purely for Technical Analysis study. No suggestion on buy/sell.
Notes de version
5Dec21 : Revision 2. Updated to version 5 Pinescript. Added Table and Alerts.Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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