OPEN-SOURCE SCRIPT
[blackcat] L2 Reversal Labels
Mis à jour
Level: 2
Background
There is a Chinese proverb that says: "The great way leads to simplicity". This indicator is the representative of this meaning. Through the processing of the most common MACD indicator data, it is possible to quickly determine the market price: whether the current price is at a historical high or low, whether a reversal will happen soon, etc. at a glance.
Function
This indicator performs screening and filtering through the fast and slow line data corresponding to the output of the standard MACD indicator, so as to realize the function of judging the top and bottom of the trend.
Inputs
N/A
Key Signal
Near Top --> Top is reached and reversal may happen soon. (red labels)
Near Bottom --> Bottom is reached and reversal may happen soon. (green labels)
Remarks
This is a Level 2 free and open source indicator.
Feedbacks are appreciated.
Background
There is a Chinese proverb that says: "The great way leads to simplicity". This indicator is the representative of this meaning. Through the processing of the most common MACD indicator data, it is possible to quickly determine the market price: whether the current price is at a historical high or low, whether a reversal will happen soon, etc. at a glance.
Function
This indicator performs screening and filtering through the fast and slow line data corresponding to the output of the standard MACD indicator, so as to realize the function of judging the top and bottom of the trend.
Inputs
N/A
Key Signal
Near Top --> Top is reached and reversal may happen soon. (red labels)
Near Bottom --> Bottom is reached and reversal may happen soon. (green labels)
Remarks
This is a Level 2 free and open source indicator.
Feedbacks are appreciated.
Notes de version
Add more methods to set up alertNotes de version
Thanks to romainmarzullo ! after adding a shorttitle, alerts are available now! 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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