INVITE-ONLY SCRIPT

[KRONOS] Gamma Strength

Description

This indicator's main component is the signal line which represents a very responsive market strength value calculated from real time data and normalized into a range (0 - 0.5 - 1). Indicator is using Stochastic and RSI functions to get raw value filtered through a linear regression, helping users predict imminent market directions. Lastly, this value oscillation is converted into a range to notice overbought and oversold zones at a quick glance.

It includes

Divergence. Indicator plots R for regular divergence and H for hidden with minimal possible delay which can be used to notice irregularity in the market.
Extreme overbought and oversold areas. Colored background extreme areas are showing points where a reversal is approaching.

How to use?

Buy/Long when the indicator line goes out of the blue/oversold area.
Sell/Short when the indicator line goes out of the red/overbought area.

extra tip: you can use the zero line and overbought/oversold zones as either a take profit or an entry area.
Bitcoin (Cryptocurrency)Ethereum (Cryptocurrency)forecastforecastingForexOscillatorsregressionsStockstrading

Script apenas com convite

O acesso a este script é restrito aos usuários autorizados pelo autor e pode requerir pagamento. Você pode adicioná-lo a seus favoritos, mas só poderá utilizá-lo após solicitar permissão e obtê-la do autor. Contate kronos-algo para mais informações, ou siga as instruções do autor abaixo.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Instruções do autor

To learn more, feel free to visit: kronos-trading.com/indicators-details

Quer usar esse script no gráfico?

Aviso: por favor leia antes de solicitar acesso.

Learn more at: kronos-trading.com/indicators

Our indicators are suitable for all markets: Crypto, Forex, stocks, etc.
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