OPEN-SOURCE SCRIPT
Steps V
This indicator based on my volume MA that I design , it has 5 trend steps that are MTF length type (60,180,320 720,1440 min)
by doing this it easy to see the real trend more easy
my system is to start with 4 hour candle to see overall picture then we down to 1 hour etc.. I prefer 15 min candle
so how this method work?
the shorter trend will be at level 1,2,3 '
longer trend are level 4,5
if lets say level 1,2,3 is green then I go to buy if it also level 4 and 5 then its very bullish and I can increse up my bet
vice versa for downtrend
i like to use this setting on 15 min ,
it great for stocks (here I use 4 hour and 1 hour candles)
also nice for forex if you want to see when the trend is changing direction
I put other indicator which are not included in this script to make signal better but the concept is very similar
here on 1 hour we see that level 1 red but all other are green so it still very bulish
on Euro/USD 1 hour opposite
by doing this it easy to see the real trend more easy
my system is to start with 4 hour candle to see overall picture then we down to 1 hour etc.. I prefer 15 min candle
so how this method work?
the shorter trend will be at level 1,2,3 '
longer trend are level 4,5
if lets say level 1,2,3 is green then I go to buy if it also level 4 and 5 then its very bullish and I can increse up my bet
vice versa for downtrend
i like to use this setting on 15 min ,
it great for stocks (here I use 4 hour and 1 hour candles)
also nice for forex if you want to see when the trend is changing direction
I put other indicator which are not included in this script to make signal better but the concept is very similar
here on 1 hour we see that level 1 red but all other are green so it still very bulish
on Euro/USD 1 hour opposite
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.