OPEN-SOURCE SCRIPT

DR by Caco Maia

1 733
Created by Brazilian trader Caco Maia,this indicator signals an entry when the price breaks through both a slow and fast average while the TRIX and Stochastic are going in the same direction.
Must be used in conjunction with the market context,e.g. Trendlines,Fibonacci Retracements/Extensions or other indicators.
Filter 1 : The Fast Average must be going up/down.
Filter 2 : There`s a limit to the Slow Average inclination,only allowing entries if the Slow Average is "flat" or in the same direction of the signal.
Filter 3 : Uses both Filters.

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.