OPEN-SOURCE SCRIPT
Atualizado BBD Master
BBD Master :
An indicator attempts to simulate the net deviation of big buy (or inflow of fund) and big sell (or outflow of fund) of a stocks.
Regardless of BBD values, green candle means an inflow of fund resulting in net buy while red candle means an outflow of fund resulting in net sell.
It can be used for trend analysis.
When BBD is below 0 , BBD candle turns from red to green, and continue moving up towards 0, a potential sign of technical rebound.
When BBD crossover 0, and continue to move up, stocks may develop into an uptrend.
Open & Close, typically, will be above 20-day moving average.
When BBD is above 0, BBD candle turns from green to red, and continue moving down towards 0, stocks may develop into a downtrend, or at times, showing a top deviation where stocks price continue to move up while BBD moving down.
When BBD crossunder 0, and continue moving down, stocks may develop in a bearish trend or consolidation.
BBD Master, can be used together with chips master, trend master and MCDX Plus or indicators that users see fit, for better trend analysis.
Input/Comments are welcome to help improve the scripts, and may benefit users in long run. Hope this help.
Disclaimer : stocks used is meant to illustrate the indicator, no recommendation of buy/sell.
An indicator attempts to simulate the net deviation of big buy (or inflow of fund) and big sell (or outflow of fund) of a stocks.
Regardless of BBD values, green candle means an inflow of fund resulting in net buy while red candle means an outflow of fund resulting in net sell.
It can be used for trend analysis.
When BBD is below 0 , BBD candle turns from red to green, and continue moving up towards 0, a potential sign of technical rebound.
When BBD crossover 0, and continue to move up, stocks may develop into an uptrend.
Open & Close, typically, will be above 20-day moving average.
When BBD is above 0, BBD candle turns from green to red, and continue moving down towards 0, stocks may develop into a downtrend, or at times, showing a top deviation where stocks price continue to move up while BBD moving down.
When BBD crossunder 0, and continue moving down, stocks may develop in a bearish trend or consolidation.
BBD Master, can be used together with chips master, trend master and MCDX Plus or indicators that users see fit, for better trend analysis.
Input/Comments are welcome to help improve the scripts, and may benefit users in long run. Hope this help.
Disclaimer : stocks used is meant to illustrate the indicator, no recommendation of buy/sell.
Notas de Lançamento
revision 2, added source input, candle turn green/turn red alerts and indicator descriptions. (Disclaimer : charted used is for illustration purpose only)Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.