OPEN-SOURCE SCRIPT
Level R
When I look for analysis of stuff , I want the big picture so this indicator try to to this in a simple script
the indicator based on monthly avreage of high and low (seen as the blue line)
the other line are leveles bellow or above
the red line is linear regression trend 100 length
so how this stuff work?
first you can use time frame of 1-4 hours for better results
next
if asset is above the mean monthly avreage then it has good buy signal , if it above the top line is bullish
and vice versa
the linear regression give us more fine detail as helper
the nice thing in this indicator is when a sset (stock etc at free fall down) which happen and we are looking for good buy opertunity then when we see it return upward to the R system this is best low possible to buy it as then we have reverse the cycle from berarishg to bullish
vice versa will if end of buy cycle
simple system but need one to carfully watch how the trend look on it.
the indicator based on monthly avreage of high and low (seen as the blue line)
the other line are leveles bellow or above
the red line is linear regression trend 100 length
so how this stuff work?
first you can use time frame of 1-4 hours for better results
next
if asset is above the mean monthly avreage then it has good buy signal , if it above the top line is bullish
and vice versa
the linear regression give us more fine detail as helper
the nice thing in this indicator is when a sset (stock etc at free fall down) which happen and we are looking for good buy opertunity then when we see it return upward to the R system this is best low possible to buy it as then we have reverse the cycle from berarishg to bullish
vice versa will if end of buy cycle
simple system but need one to carfully watch how the trend look on it.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.