PROTECTED SOURCE SCRIPT

Nikesh Price Cycle

已更新
Every Script has a pattern and it follows a cyclic movement which results into many small and big swings. We have tried to capture these cyclic pattern. Division line acts here as a pivot point which defines a holistic view of bulls and bear power. Price moving above division line indicates bullish trend and price moving below division line indicates bearish trend. Price scale bar defines trend momentum. when price crosses price scale bar with green scale bar colour it shows we should enter. we will keep on booking our profit on near next fib level. we will exit the trend once price candle crosses linear regression line. for safe entry in case of bulls entry-- price scale bar,linear regression line and mid avg term line should be below price candle. In case of bears entry--price scale bar,linear regression line and mid avg term line should be above price candle.
發行說明
parameters change
發行說明
new parameters
發行說明
Neutral line default colour changed for trend demarkation.
發行說明
default colour change for clear view on chart
Bulls PowerbuysellsignalbuysignalOscillatorsprofitsellsignalstoplosstrailingstopTrend Analysis

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