PROTECTED SOURCE SCRIPT
已更新 CEDCR - momentum and trend analysis
DESCRIPTION
CEDCR is a momentum and trend analysis script, visualized by a pair of lines (Top and Bottom) that signal strength and direction of upcoming moves. The lines tend to converge and diverge around a midpoint line of 0.31-0.33 (the midpoint line is slightly different depending on the asset class). When the lines are converging it signals trend reversal and when they are diverging it indicates strength.
SCRIPT MECHANICS
CEDCR lines are calculated using a combination of Moving Averages, RSI and OnBalanceVolume.
KEY LEVEL
Midpoint Level : 0.31-0.33, most asset classes have the lines converging and diverging around the midpoint line.
HOW TO USE
- Lines converging: Upcoming reversal of current trend.
- Lines diverging: Strengthening of current trend.
- Bottom(purple) line crossing over Top(green) line is bearish .
- Top (green) line crossing over Bottom(purple) is bullish .
SIGNALS
The signals are just an additional helpful visual aid.
Buy signal is the green band when divergence between Top and Bottom > 0.05 on Top line crosses over Bottom line.
Sell signal is the red band when divergence between Top and Bottom has weakened below 0.5.
CEDCR is a momentum and trend analysis script, visualized by a pair of lines (Top and Bottom) that signal strength and direction of upcoming moves. The lines tend to converge and diverge around a midpoint line of 0.31-0.33 (the midpoint line is slightly different depending on the asset class). When the lines are converging it signals trend reversal and when they are diverging it indicates strength.
SCRIPT MECHANICS
CEDCR lines are calculated using a combination of Moving Averages, RSI and OnBalanceVolume.
KEY LEVEL
Midpoint Level : 0.31-0.33, most asset classes have the lines converging and diverging around the midpoint line.
HOW TO USE
- Lines converging: Upcoming reversal of current trend.
- Lines diverging: Strengthening of current trend.
- Bottom(purple) line crossing over Top(green) line is bearish .
- Top (green) line crossing over Bottom(purple) is bullish .
SIGNALS
The signals are just an additional helpful visual aid.
Buy signal is the green band when divergence between Top and Bottom > 0.05 on Top line crosses over Bottom line.
Sell signal is the red band when divergence between Top and Bottom has weakened below 0.5.
發行說明
- updated to support pinescript v5- added buy (green) and sell (red) bands
- added high, low and mid plots
發行說明
- Fixed typos- Updated chart
受保護腳本
此腳本以閉源形式發佈。 不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
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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。
受保護腳本
此腳本以閉源形式發佈。 不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
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。