OPEN-SOURCE SCRIPT
[blackcat] L3 God Hunter Scalping
Level 3
Background
An ultra-short scaler that I integrate with multiple custom function implementations. Because of its responsiveness it is suitable for small cycle applications.
Function
The first technical indicator to integrate is the stoch. By combining the stoch indicators of long and short periods, I can not only ensure its high-speed reaction speed, but also be compatible with stability.
The second is the improved KDJ indicator to further strengthen buying and selling conditions. Because the final trend output is relatively fast, I used a variety of long-short conditions to improve adaptability. and minimize noise. It is well known that price fluctuations in small cycles are more random.
The third feature is the classification of buying and selling points, not only through the reversal of the trend curve, but also several other buying and selling point conditions, oversold and overbought signals, signal divergence techniques, etc.
Finally, through the nested RSI, the momentum trend strength of the trend signal is represented by a gradient color to assist in judging whether the reversal point is approaching.
Remarks
For differnent instruments and time frames, overbought and oversold threshold should be adjusted accordingly, or it may not work well.
Feedbacks are appreciated.
Background
An ultra-short scaler that I integrate with multiple custom function implementations. Because of its responsiveness it is suitable for small cycle applications.
Function
The first technical indicator to integrate is the stoch. By combining the stoch indicators of long and short periods, I can not only ensure its high-speed reaction speed, but also be compatible with stability.
The second is the improved KDJ indicator to further strengthen buying and selling conditions. Because the final trend output is relatively fast, I used a variety of long-short conditions to improve adaptability. and minimize noise. It is well known that price fluctuations in small cycles are more random.
The third feature is the classification of buying and selling points, not only through the reversal of the trend curve, but also several other buying and selling point conditions, oversold and overbought signals, signal divergence techniques, etc.
Finally, through the nested RSI, the momentum trend strength of the trend signal is represented by a gradient color to assist in judging whether the reversal point is approaching.
Remarks
For differnent instruments and time frames, overbought and oversold threshold should be adjusted accordingly, or it may not work well.
Feedbacks are appreciated.
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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