INVITE-ONLY SCRIPT
Profit Trader

What is this?
This module will helps you to implement 2 strategies: Trend Following and Swing Trading. You will have a complete strategies in any market condition. This module will reach it's maximum potential if you combine with our other module: Trend Optimizer module and momentum line module
The Indicators & strategies?
This module consist of short term and medium term resist and support (R/S). R/S is based on price fractals, modified to a simpler visualization, and Standard Deviation that shows in grey area.
1. The short R/S (the blue & red lines, we called: R/S) represent 1 week timeframe fractal. R/S is used for breakout strategy. This indicator will be perfectly works with our other module: Trend Optimizer. While the trend is positive and price breaks R, it indicate an uptrend phase. Watch the S level, as long price stays above S, trend following method will works. On the other side, while the trend is flattening and price breaks S, it indicate early bearish phase.
2. The medium R/S (the blue & red dots, we called: R/S+) represent 1 month timeframe fractal. RS+ is used for swing strategy. This indicator will also perfectly works with our other module: trend optimizer. While the trend is consolidating, trader have to change from R/S into R/S+ (dotted line) as a swing high (sell on strength) & swing low range (buy on weakness).
3. The grey area around charts. it is a statistical standard deviation +/-2 from 20 days price average which is commonly used in Bollinger Band as well. This grey area works well with RS+ (the blue & red dots). Grey area, as what we knows in standard deviation, when data (price) moves outside the deviation, it tends to have a reversal movement back into deviation area. If the price piking above its grey area, it tends to have a pullback movement. If price drop below its grey area, it tends to have a rebound.
Benefit For You
You'll have a guidance how to follow the trend while the major trend is as you expected, and how to trade in swing low - high condition while the trend is sideways.
If you combine this script with our other two module: Trend optimizer module & Momentum Line Module, You'll have a complete template to analyze both trend and swing strategies.
This module will helps you to implement 2 strategies: Trend Following and Swing Trading. You will have a complete strategies in any market condition. This module will reach it's maximum potential if you combine with our other module: Trend Optimizer module and momentum line module
The Indicators & strategies?
This module consist of short term and medium term resist and support (R/S). R/S is based on price fractals, modified to a simpler visualization, and Standard Deviation that shows in grey area.
1. The short R/S (the blue & red lines, we called: R/S) represent 1 week timeframe fractal. R/S is used for breakout strategy. This indicator will be perfectly works with our other module: Trend Optimizer. While the trend is positive and price breaks R, it indicate an uptrend phase. Watch the S level, as long price stays above S, trend following method will works. On the other side, while the trend is flattening and price breaks S, it indicate early bearish phase.
2. The medium R/S (the blue & red dots, we called: R/S+) represent 1 month timeframe fractal. RS+ is used for swing strategy. This indicator will also perfectly works with our other module: trend optimizer. While the trend is consolidating, trader have to change from R/S into R/S+ (dotted line) as a swing high (sell on strength) & swing low range (buy on weakness).
3. The grey area around charts. it is a statistical standard deviation +/-2 from 20 days price average which is commonly used in Bollinger Band as well. This grey area works well with RS+ (the blue & red dots). Grey area, as what we knows in standard deviation, when data (price) moves outside the deviation, it tends to have a reversal movement back into deviation area. If the price piking above its grey area, it tends to have a pullback movement. If price drop below its grey area, it tends to have a rebound.
Benefit For You
You'll have a guidance how to follow the trend while the major trend is as you expected, and how to trade in swing low - high condition while the trend is sideways.
If you combine this script with our other two module: Trend optimizer module & Momentum Line Module, You'll have a complete template to analyze both trend and swing strategies.
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本,且通常需付費。您可以將此腳本加入收藏,但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情,請依照作者說明或直接聯繫galerisaham。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To use this scipt, visit https://galerisaham.com/modul for further information.
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
We Build Profitable Traders | Visit: galerisaham.com/pro/
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本,且通常需付費。您可以將此腳本加入收藏,但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情,請依照作者說明或直接聯繫galerisaham。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To use this scipt, visit https://galerisaham.com/modul for further information.
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
We Build Profitable Traders | Visit: galerisaham.com/pro/
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。