OPEN-SOURCE SCRIPT
已更新 HL avg MTF
This indicator try to find trends more accurate
So first step is to make candle MTF and to find the average of high and low of the MTF candle. I think a ratio of 4/1 is good .
so this seen in the lime /red line
after we take this line and transform it to linear regression type . I use here 50 candle size seen in blue line
if close are above the blue line then we are above the avg of the high and low of the mtf candle .. this indicate a positive trend. if we close is bellow the blue line then it a negative trend and it good time to short it .
also very important is the direction of the blue line as it give us the direction of the trend
So first step is to make candle MTF and to find the average of high and low of the MTF candle. I think a ratio of 4/1 is good .
so this seen in the lime /red line
after we take this line and transform it to linear regression type . I use here 50 candle size seen in blue line
if close are above the blue line then we are above the avg of the high and low of the mtf candle .. this indicate a positive trend. if we close is bellow the blue line then it a negative trend and it good time to short it .
also very important is the direction of the blue line as it give us the direction of the trend
發行說明
add trend color instead the blue line using the code that fikira posted I think now it better
thanks for fikira for this improvment
發行說明
change the way the XY which is the mean line of high and low +add signal to itThis is a modified script based on Alex grover trend detection method for link to original study for this method 'scroll down in script for lik
發行說明
try to fix issue of repaint開源腳本
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。