OPEN-SOURCE SCRIPT
Three Line Break Backtest
This is a modified version of the three line break price representation.
It is composed with 2 lines made of Close price values forming a “cloud”.
If the trend is bullish and the price breach the lower level of the green
cloud, a new bearish trend is taking place.
If the current trend is bearish and the price breakout the upper band of
the cloud, a new bullish trend is forming.
This is a “price action” indicator, signals may be filtered by long term trend
analysis with other indicators such as Supertrend for instance.
WARNING:
- For purpose educate only
- This script to change bars colors.
It is composed with 2 lines made of Close price values forming a “cloud”.
If the trend is bullish and the price breach the lower level of the green
cloud, a new bearish trend is taking place.
If the current trend is bearish and the price breakout the upper band of
the cloud, a new bullish trend is forming.
This is a “price action” indicator, signals may be filtered by long term trend
analysis with other indicators such as Supertrend for instance.
WARNING:
- For purpose educate only
- This script to change bars colors.
開源腳本
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 您可以收藏它以在圖表上使用。
想在圖表上使用此腳本？
免責聲明
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