OPEN-SOURCE SCRIPT
Mis à jour Triad Rotation
Hey guys, this is the first indicator I've created. I have done some selective testing to validate the calculations against the FullStochastic indicators using the same settings.
From my review it looks to match correctly, but please do your own due diligence to verify this indicator matches your needs and strategy.
This indicator was designed closely with the Quad rotation strategy, where you use multiple stochastic indicators to identify overbought and oversold conditions.
Once all the stochastics are determined to be over/under the overbought/oversold threshold, the section will be highlighted red or green based on which condition is met. Green indicates a potential period to buy, and red indicates a potential period to sell.
P.S. I pair this with the MACD indicator to determine momentum of to aid in determining entry and exits, along with support and resistance levels. Thus far, I am an unprofitable trader, so this strategy may change. Again do your own due diligence to design a strategy that works for you.
From my review it looks to match correctly, but please do your own due diligence to verify this indicator matches your needs and strategy.
This indicator was designed closely with the Quad rotation strategy, where you use multiple stochastic indicators to identify overbought and oversold conditions.
Once all the stochastics are determined to be over/under the overbought/oversold threshold, the section will be highlighted red or green based on which condition is met. Green indicates a potential period to buy, and red indicates a potential period to sell.
P.S. I pair this with the MACD indicator to determine momentum of to aid in determining entry and exits, along with support and resistance levels. Thus far, I am an unprofitable trader, so this strategy may change. Again do your own due diligence to design a strategy that works for you.
Notes de version
Updating formula discrepancy.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.