OPEN-SOURCE SCRIPT
已更新 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.
發行說明
Updating formula discrepancy.開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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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。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。