OPEN-SOURCE SCRIPT
Mis à jour ADR: Average Daily Range
Very basic script... adjust the EMA to 13 for stocks, and less volatile assets. 26 for crypto, and anything highly volatile.
When the Daily Low line (bottom yellow/orange line) dips hard, and finds support for 3+ bars somewhere, this is a sign of a trend reversal. For a solid confirmation, wait for the Super Average and EMA to spike downwards as well. All of this can also be seen as reversal at the top of a trend, just upturned.
The 2 Daily lines (2 yellow/orange lines) act as support for the price to bounce off of. Fine tuning is required to get these really smooth, but it's a simple enough idea.
Edit: Screwed up the EMA in my posted example. Should be 26.
When the Daily Low line (bottom yellow/orange line) dips hard, and finds support for 3+ bars somewhere, this is a sign of a trend reversal. For a solid confirmation, wait for the Super Average and EMA to spike downwards as well. All of this can also be seen as reversal at the top of a trend, just upturned.
The 2 Daily lines (2 yellow/orange lines) act as support for the price to bounce off of. Fine tuning is required to get these really smooth, but it's a simple enough idea.
Edit: Screwed up the EMA in my posted example. Should be 26.
Notes de version
In this version, I've added an input for the length of the EMA, and names for the plot functions.Notes de version
General clean up here. Numbers are now simplified to one decimal place, and shown as an integer, not a float. The EMA has been changed to a SMA, due to better reaction and confirmation in testing.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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 open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.