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Fountain of gold TMP
23 Feb 2025
This is fountain of gold setup inspired from Japanese teaching of ichimoku and western teaching of RSI, MACD, RS and Rate of change.
Trend
1)Long term trend is defined by average of 52 period high and low with offset of 25 which is equal to Span B of Ichimko denoted by orange line.
2)Medium term trend is defined by exponential moving average of 52 period low denoted by red line.
3) Short term trend is defined by background which is green when close greater than conversion line and basis line of ichimoku and red when close is below conversion line and basis line.
Momemtum
1) Long term Momentum is defined as bullish when conversion line is greater than Span B line of ichimoku
2) Meduim term Momentum is defined as bullish when signal 1 of sma of period 7 of MACD is greater than signal 2 of sma of period 21 MACD. (here standard MACD is used)
3) Short term Momentum is defined as bullish when MACD is greater than previous period MACD
Price Action
Price Action is formed by two candle and is full green when
1) current OHLC is greater than average of OHLC 1 period ago and 2 period ago and
2) average of OHLC 1 period ago and 2 period ago is greater than average of OHLC 9 period ago and 10 period ago.
in case of full red condition are reverse in order.
RSI Three Factor
1) RSI of 12 period greater than simple moving average of that RSI of 12 period
2) RSI is above Slow Rsi
3) Rsi Cloud is green for bullish
Relative Strength status
1) Relative Strength of period 17 is comparing symbol to benchmark
Speed Score
it is defined by rate of change for close comparing to average of ohlc 9 and 10 period ago
This is fountain of gold setup inspired from Japanese teaching of ichimoku and western teaching of RSI, MACD, RS and Rate of change.
Trend
1)Long term trend is defined by average of 52 period high and low with offset of 25 which is equal to Span B of Ichimko denoted by orange line.
2)Medium term trend is defined by exponential moving average of 52 period low denoted by red line.
3) Short term trend is defined by background which is green when close greater than conversion line and basis line of ichimoku and red when close is below conversion line and basis line.
Momemtum
1) Long term Momentum is defined as bullish when conversion line is greater than Span B line of ichimoku
2) Meduim term Momentum is defined as bullish when signal 1 of sma of period 7 of MACD is greater than signal 2 of sma of period 21 MACD. (here standard MACD is used)
3) Short term Momentum is defined as bullish when MACD is greater than previous period MACD
Price Action
Price Action is formed by two candle and is full green when
1) current OHLC is greater than average of OHLC 1 period ago and 2 period ago and
2) average of OHLC 1 period ago and 2 period ago is greater than average of OHLC 9 period ago and 10 period ago.
in case of full red condition are reverse in order.
RSI Three Factor
1) RSI of 12 period greater than simple moving average of that RSI of 12 period
2) RSI is above Slow Rsi
3) Rsi Cloud is green for bullish
Relative Strength status
1) Relative Strength of period 17 is comparing symbol to benchmark
Speed Score
it is defined by rate of change for close comparing to average of ohlc 9 and 10 period ago
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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taqiuddin_stock。
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
please write comment to me with tradingview id to grant you access.
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
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。