PROTECTED SOURCE SCRIPT
Mis à jour IndianPivotBossPivotShift
This Indicator has to be used as a censorship as under:
Do not go long (STRICTLY) when the following is observed:
(ie, either go short if any other indicator supports or do nothing)
a) If the histogram is lower than the previous histogram; in other words sloping downwards.
Do not go short (STRICTLY) when the following is observed:
(ie, either go long if any other indicator supports or do nothing)
a) If the histogram is higher than the previous histogram; in other words sloping upwards.
This can be used for intraday / swing / positional.
The histogram are constructed from combination of floor pivots. The histogram are different from Pivot based oscillators.
For intraday, select Daily from the parameters and use chart timeframe less than 15 min preferably.
For swing, select Weekly from the parameters and use chart timeframe more than 15 min preferably but less than daily charts.
For positional, select Monthly from the parameters and use daily time frame charts.
It is an effective indicator that potentially prevents you from taking wrong trades.
The computation mechanism of the indicator is confidential as it is proprietary.
Do not go long (STRICTLY) when the following is observed:
(ie, either go short if any other indicator supports or do nothing)
a) If the histogram is lower than the previous histogram; in other words sloping downwards.
Do not go short (STRICTLY) when the following is observed:
(ie, either go long if any other indicator supports or do nothing)
a) If the histogram is higher than the previous histogram; in other words sloping upwards.
This can be used for intraday / swing / positional.
The histogram are constructed from combination of floor pivots. The histogram are different from Pivot based oscillators.
For intraday, select Daily from the parameters and use chart timeframe less than 15 min preferably.
For swing, select Weekly from the parameters and use chart timeframe more than 15 min preferably but less than daily charts.
For positional, select Monthly from the parameters and use daily time frame charts.
It is an effective indicator that potentially prevents you from taking wrong trades.
The computation mechanism of the indicator is confidential as it is proprietary.
Notes de version
Weekly and monthly is also added in updated version.Options given to select period lengths.
Notes de version
Minor tweeks in buy and sell signals.buy when close > open
sells when close < open
along with other conditions.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Trading is my passion.
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 protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Trading is my passion.
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.