OPEN-SOURCE SCRIPT
已更新 Market Tone

For high frequency trading it is still helpful to go with longer-term trends.
This smoothed long-range EMA changes color based on whether it is rising or falling. The intent is to use this as a switch in upcoming scripts to affect buying behavior. For example, turn off avg_protection when the market is trending up to fill up your bags for greater gross profit when you cash out, but turn avg_protection back on when the market takes a bearish turn.
It also changes sensitivity based on whether you are bullish or bearish.
Select "Risk Averse" to turn on avg_protection as soon as the uptrend appears to lose steam, and wait until a "confirmed" reversal (increase lookbackLength to wait for stronger confirmations) before turning avg_protection off.
Select "Risk Seeking" to keep avg_protection on until the bearish tone is "confirmed," and turn it back off at the first sign the market is swinging back up.
Cheers!
This smoothed long-range EMA changes color based on whether it is rising or falling. The intent is to use this as a switch in upcoming scripts to affect buying behavior. For example, turn off avg_protection when the market is trending up to fill up your bags for greater gross profit when you cash out, but turn avg_protection back on when the market takes a bearish turn.
It also changes sensitivity based on whether you are bullish or bearish.
Select "Risk Averse" to turn on avg_protection as soon as the uptrend appears to lose steam, and wait until a "confirmed" reversal (increase lookbackLength to wait for stronger confirmations) before turning avg_protection off.
Select "Risk Seeking" to keep avg_protection on until the bearish tone is "confirmed," and turn it back off at the first sign the market is swinging back up.
Cheers!
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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。