OPEN-SOURCE SCRIPT
PowerXYZ Strategy (PowerX Modified)
This script modifies the PowerX strategy in the following ways:
- there are two types of 'black' bars, yellow and black; the bars that are colored black indicate the flip of the RSI from positive to negative, and vise versa, while the signal is also near to green or red color; the close of these bars are a strong indication of support or resistance, and the previous closes behind these bars create S&D zones.
- compares the typical price to the 4-period smoothed moving average to generate yellow bars sooner at the end of trends.
- uses a signal line of > 49 and <= 49 instead of 50.
Yellow indicates that you should probably move your stop closer to the current price.
Black indicates that you should probably exit and look for a new entry, as it is a strong area of support or resistance.
- there are two types of 'black' bars, yellow and black; the bars that are colored black indicate the flip of the RSI from positive to negative, and vise versa, while the signal is also near to green or red color; the close of these bars are a strong indication of support or resistance, and the previous closes behind these bars create S&D zones.
- compares the typical price to the 4-period smoothed moving average to generate yellow bars sooner at the end of trends.
- uses a signal line of > 49 and <= 49 instead of 50.
Yellow indicates that you should probably move your stop closer to the current price.
Black indicates that you should probably exit and look for a new entry, as it is a strong area of support or resistance.
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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。